NOT LISTED FOR SALE

118 Chestnut St Mars Hill, NC 28754

Estimated Value: $322,069 - $348,000

2 Beds
1 Bath
851 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $265,000 $311 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,858/month

35 Days on Market

Highlights

  • Wood Flooring
  • Bungalow
  • Level Lot
  • Madison Middle School Rated A-

About This Home

As of December 2021

Multiple Offers Received - Dealine for Offers is 6:00pm on Wednesday 11/17. Adorable brick bungalow in downtown Mars Hill within walking distance to restaurants, pubs, Mars Hill University, banks, shops, etc. Solid built home featuring an updated kitchen, newer HVAC system, newer architectural shingles, hardwood floors, arched doorways, fireplace and detached garage. The basement has an access right off the kitchen and is where the laundry is located. The garage and basement has ample storage for all of your extras. Sit on the cozy front porch to watch the world go by while watching the sunsets.

Last Agent to Sell the Property

Leslie Osborne

Blue Ridge Properties Group License #193634 Listed on: 10/14/2021

Last Buyer's Agent

Megan Shook

Mosaic Community Lifestyle Realty License #255216

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.25

Parking

  • Gravel Driveway

Home Design

  • Bungalow

Schools

  • Mars Hill Elementary School
  • Madison High School

Additional Features

  • Wood Flooring
  • 1 Full Bathroom
  • Crawl Space
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9747-85-9490

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Bungalow
  • Ratio Close Price By List Price: 1.12766
  • Ratio Close Price By Original Li: 1.12766
  • Ratio Current Price By Acre: 1060000.00
  • Ratio Current Price By Sq Ft: 311.40
  • Year Built: 1935
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Flooring: Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 851
  • Total Sq Ft: 851

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: Public Water
  • Water Heater: Electric

Schools

  • Elementary School: Mars Hill
  • Middle School: Unspecified
  • High School: Madison
  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Level, Sloping
  • Lot Size Area: 0.250
  • Parcel Number: 9747-85-9490
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 150418.00
  • Tax Location: Madison

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2007
Sold by
Johnstone Eillen Marie
Bought by
Ginn William Scott
Current Estimated Value
$334,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Outstanding Balance
$72,283
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$261,984
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ginn William Scott $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginn William Scott $114,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $265,000 +12.8% $311 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/14/2021 11/14/21 For Sale $235,000 -11.3% $276 / Sq Ft
11/07/2021 11/07/21 Off Market $265,000 -- --
10/18/2021 10/18/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $235,000 -- $276 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,031 $236,484 $16,555 $219,929
2023 $912 $146,328 $16,363 $129,965
2022 $912 $150,418 $20,453 $129,965
2021 $932 $150,418 $20,453 $129,965
2020 $932 $150,418 $20,453 $129,965
2019 $635 $86,423 $18,594 $67,829
2018 $449 $0 $0 $0
2017 $856 $0 $0 $0
2016 $856 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $86,423 $18,594 $67,829
2013 -- $86,423 $18,594 $67,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3796406

Canopy MLS (Canopy Realtor® Association)

APN: 9747-85-9490