NOT LISTED FOR SALE

1370 Bone Camp Rd Marshall, NC 28753

Estimated Value: $120,000 - $292,000

137 Acres
$1,504 Price per Acre
5,967,720 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $945,000

Current estimated payment $1,290/month

100 Days on Market

Highlights

  • Barn
  • 137 Acre Lot
  • Wooded Lot
  • Madison Middle School Rated A-
  • Mountain View
  • No HOA

About This Lot

As of March 2021

Exceptional 137 acre surveyed tract, just 25 minutes from Asheville by I-26 to Bone Camp Road, 2 1/2 miles
west of Mars Hill. Extensive well-maintained interior roads to multiple sites with magnificent long-range panoramas. Enormous potential for sub-dividing into many high-value view sites with excellent access via superb
gravel roads throughout. Mature hardwood timber on the acreage. No driving on property without appointment
with listing agent. Private bike park with paid dues in operation.

Last Agent to Sell the Property

Robert Towe

Mountain Acreage of WNC Inc Brokerage Email: mountainacreageavl@gmail.com License #90975 Listed on: 10/07/2020

Last Buyer's Agent

Brenda Thomas

Howard Hanna Beverly-Hanks Asheville-North License #156538

Property Details

Property Type

  • Land

Lot Details

  • 137 Acre Lot
  • Property fronts a highway
  • Paved or Partially Paved Lot
  • Steep Slope
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential, Subdevelopment, Tree Farm/Timber
  • Property is zoned R-A, RA

Schools

  • Mars Hill Elementary School
  • Madison Middle School
  • Madison High School

Additional Features

  • Mountain Views
  • Barn
  • Spring water is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 9738-82-4985

Community Details

Overview

  • No Home Owners Association

Recreation

  • Trails
  • Access to stream, creek or river

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Road Frontage Type: 4 Lane Highway, State Road
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Attribution Contact: mountainacreageavl@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Private Estate, Residential, Subdevelopment, Tree Farm/Timber

Exterior Features

  • Road Frontage: 3000
  • View: Long Range, Mountain(s)
  • Waterfront Features: None
  • Other Structures: Barn(s), None

Utilities

  • Sewer: None
  • Utilities: Electricity Connected
  • Water Source: Spring

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved, Sloped, Steep Slope, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9738-82-4985
  • Zoning: RA
  • Can Be Subdivided: 1
  • Plat Reference Section Pages: 378
  • Cleared Acres: 3.00
  • Lot Size Acres: 137
  • Lot Size Sq Ft: 5967720
  • Wooded Area: 134
  • Additional Parcels Description: 9738-73-6768
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Mar 18, 2021
Sold by
Downhill Wnc Llc
Bought by
Ray J Alan J and Ray Wanda J
Seller's Agent
Robert Towe
Mountain Acreage of WNC Inc
Buyer's Agent
Brenda Thomas
Howard Hanna Beverly-Hanks Asheville-North
List Price
$1,200,000
Sold Price
$945,000
Premium/Discount to List
-$255,000
-21.25%
Current Estimated Value
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$739,000
Avg. Annual Appreciation
-27.19%
Original Mortgage
$500,000
Outstanding Balance
$409,761
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$203,761

Purchase Details

Closed on
Mar 31, 2016
Sold by
Summit Syndicate Llc
Bought by
Downhill Wnc Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ray J Alan J $945,000 None Available
Downhill Wnc Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray J Alan J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $945,000 -5.0% --
01/15/2021 01/15/21 Pending -- -- --
10/20/2020 10/20/20 Price Changed $995,000 -17.1% --
10/07/2020 10/07/20 For Sale $1,200,000 -- --
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 $2,556 $567,939 $567,939 $0
2023 $1,937 $328,220 $328,220 $0
2022 $1,937 $328,220 $328,220 $0
2021 $1,937 $328,220 $328,220 $0
2020 $1,937 $328,220 $328,220 $0
2019 $1,968 $307,430 $298,382 $9,048
2018 $1,875 $0 $0 $0
2017 $1,820 $0 $0 $0
2016 $1,820 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $298,382 $298,382 $0
2013 -- $298,382 $298,382 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3670284

Canopy MLS (Canopy Realtor® Association)

APN: 9738-82-4985