NOT LISTED FOR SALE

140 Loye Ln Mars Hill, NC 28754

Estimated Value: $463,000 - $639,000

2 Beds
2 Baths
1,307 Sq Ft
$426/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $200,000 $153 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,356/month

90 Days on Market

Highlights

  • Open Floorplan
  • Wooded Lot
  • Wood Flooring
  • Madison Middle School Rated A-
  • Cathedral Ceiling
  • Pasture

About This Home

As of August 2014

Looking for that cozy log cabin in the mountains? Set atop a wooded knoll overlooking rolling pastures & mountain views this is truly a beautiful home. Currently being used as a vacation rental this property includes a large woodburning stone fireplace for those chilly nights. Enjoy the views from the wrap around porch. Within a 20 minute drive to Asheville. Rental history available upon request. All furnishing negotiable.

Last Agent to Sell the Property

Judy Spera

Allen Tate/Beverly-Hanks Asheville-North License #241584 Listed on: 05/01/2014

Last Buyer's Agent

Jane Risberg

Blueblaze Real Estate Group LLC License #268318

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 2003

Lot Details

  • 0.91

Parking

  • Gravel Driveway

Home Design

  • Log Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Wooded Lot
  • Pasture
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9757-60-9041

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 219780.22
  • Ratio Current Price By Sq Ft: 153.02
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 283
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Room Count: 4
  • Main Level Sq Ft: 1024
  • Total Sq Ft: 1307

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Electric Baseboard Heat, No A/C
  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Features: Long Range View, Mountain View, Pasture, Wooded, Year Round View
  • Lot Size Area: 0.910
  • Parcel Number: 9757-60-9041
  • Plat Reference Section Pages: 531

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2014
Closed on
Aug 28, 2014
Sold by
Wild Turkeys Lodge Llc
Bought by
Cox Stephen L
Seller's Agent
Judy Spera
Allen Tate/Beverly-Hanks Asheville-North
Buyer's Agent
Jane Risberg
Blueblaze Real Estate Group LLC
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Total Days on Market
90
Current Estimated Value
$557,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,034
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Mar 12, 2012
Sold by
Cummings Stephen J
Bought by
Wild Turkeys Lodge Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Evans Glenn and Evans Kimberly
Bought by
Cummings Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Vines Derrick
Bought by
Evans Glenn and Evans Kimbelry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.36%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Cox Stephen L $200,000 None Available
Wild Turkeys Lodge Llc -- None Available
Cummings Stephen J $225,000 --
Evans Glenn $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cummings Stephen J $202,500
Previous Owner Evans Glenn $196,000
Previous Owner Vines Derrick $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $200,000 -20.0% $153 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $250,000 -- $191 / 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 $2,890 $602,234 $0 $0
2023 $2,084 $322,647 $20,717 $301,930
2022 $2,084 $322,647 $20,717 $301,930
2021 $2,084 $322,647 $20,717 $301,930
2020 $2,084 $322,647 $20,717 $301,930
2019 $1,581 $221,995 $19,854 $202,141
2018 $1,354 $0 $0 $0
2017 $1,354 $0 $0 $0
2016 $1,354 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $221,995 $19,854 $202,141
2013 -- $221,995 $19,854 $202,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM561239

Canopy MLS (Canopy Realtor® Association)

APN: 9757-60-9041