NOT LISTED FOR SALE

15 Our Way Dr Mars Hill, NC 28754

Estimated Value: $157,000 - $288,000

13 Acres
$18,152 Price per Acre
546,242 Sq Ft Lot

Last Sold June 27, 2023

Last sale price $225,000

Est. 1% increase in value since last sale

Current estimated payment $1,277/month

201 Days on Market

Highlights

  • Mountain View
  • Wooded Lot
  • Paved or Partially Paved Lot
  • Madison Middle School Rated A-
  • No HOA

About This Lot

As of June 2023

Beautiful wooded, private 12.54 acres MOL. Turn left as you pull into the gate to see a power box on the left. As you start up the driveway marked by flags, you'll find a drive to the right that leads to the first graded pad that has an installed septic system. As you wind around to the top of the mountain, you'll find the largest graded pad with amazing, almost 360, long range, winter mountain views. There are 3 installed power junction boxes on the property. The land was perced previously, just below the top homesite, but the test has expired. There is a spring fed pond as you enter the gate to the right (about 50 feet, up on the left bank). Make sure to watch the attached drone video for potential 2nd story views. This property would make an amazing private estate, a homesteading property, a multiple family compound, a short term rental, or other income producing property! The opportunities are endless! No short term rental restrictions. No HOA! Bring your ideas!

Last Listed By

Shannon Taylor

Patton Allen Real Estate LLC License #323516 Listed on: 10/13/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $183

Year Built

  • 1985

Lot Details

  • 12.54 Acre Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational, Residential
  • Property is zoned R-A

Property Views

  • Mountain Views

Schools

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

Utilities

  • Underground Utilities
  • Well Required
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9850-94-9309
  • Tax Block 244

Property Details

Property Type

Land

Est. Annual Taxes

$183

Year Built

1985

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: No Representation
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built (Public Record): 1985

Interior Features

  • Possible Use: Private Estate, Recreational, Residential
  • Room Count: 0

Exterior Features

  • View: Long Range, Mountain(s)

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Utilities: Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Paved, Pond(s), Wooded
  • Lot Size Area: 12.54
  • Lot Size Units: Acres
  • Parcel Number: 9850-94-9309
  • Plat Book Slide: 5
  • Can Be Subdivided: 1
  • Plat Reference Section Pages: 260-262
  • Lot Size Acres: 12.54
  • Lot Size Sq Ft: 546242
  • Additional Parcels Description: 9850-93-8976
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

Tax Info

  • Tax Block: 244

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Jun 27, 2023
Sold by
Fox Burnett and Fox Angela
Bought by
Eric Jason Mast Revocable Trust
Seller's Agent
Shannon Taylor
Patton Allen Real Estate LLC
Buyer's Agent
Mandy Delerme
Lusso Realty
List Price
$225,000
Sold Price
$225,000
Total Days on Market
201
Views
58
Current Estimated Value
$227,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,628
Avg. Annual Appreciation
0.63%
Original Mortgage
$180,000
Outstanding Balance
$158,520
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$69,108

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
Eric Jason Mast Revocable Trust $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eric Jason Mast Revocable Trust $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $225,000 0.0% --
05/04/2023 05/04/23 For Sale $225,000 0.0% --
04/12/2023 04/12/23 Off Market $225,000 -- --
03/23/2023 03/23/23 Price Changed $225,000 -8.9% --
10/13/2022 10/13/22 For Sale $247,000 -- --
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
2023 $183 $30,969 $30,969 $0
2022 $183 $30,969 $30,969 $0
2021 $183 $30,969 $30,969 $0
2020 $183 $30,969 $30,969 $0
2019 $142 $22,116 $22,116 $0
2018 $135 $0 $0 $0
2017 $135 $0 $0 $0
2016 $135 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $22,116 $22,116 $0
2013 -- $22,116 $22,116 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3913593

Canopy MLS (Canopy Realtor® Association)

APN: 9850-94-9309