NOT LISTED FOR SALE

1505 Laurel Valley Rd Mars Hill, NC 28754

Estimated Value: $566,000 - $1,044,142

4 Beds
3 Baths
3,150 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $692,250 $220 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,866/month

1 Day on Market

Highlights

  • Horse Facilities
  • Barn
  • Hilly Lot
  • Madison Middle School Rated A-
  • In Ground Pool
  • Pond

About This Home

As of November 2021

Beautiful equestrian farm on almost 14 acres with year round views that is only 30 minutes to Downtown Asheville! Love snow sports? Wolf Ridge is only 10 minutes away! Upon entering this home, you will find a circular drive that is double gated, a private in ground pool that is only 8 years old and has a 20 year warranty, multiple fenced in pastures ready to go, and more! This 4 bed/3 bath home is filled with charm, updates, skylights, hand scraped wood floors, 3 fireplaces, granite countertops and radiant ceiling heat. Gorgeous Pella sliding doors across from a one of a kind fireplace! This stunning fireplace has 40 MILLION year old fish from the Green River Formation in WY integrated into the fireplace. Next to the home is a 1,700 square foot barn/workshop that has RV hookups. Inside has plenty of space for stalls to be added, washer/dryer and a tack room. The back of the property has a pond, dog lot and hay barn. Make sure to ask your agent for the video and 360's!

Last Agent to Sell the Property

Jill Reece

Carolina Luxury Brokers LLC License #326222 Listed on: 10/07/2021

Last Buyer's Agent

Susan Hooper

Howard Hanna Beverly-Hanks Waynesville License #303893

Howard Hanna Beverly-Hanks Waynesville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • Level Lot
  • Hilly Lot
  • Cleared Lot
  • Wooded Lot
  • Many Trees

Parking

  • 2

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 3 Full Bathrooms
  • Skylights
  • Fireplace
  • Insulated Windows
  • Attic Fan
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Outdoor Features

  • In Ground Pool
  • Pond
  • Separate Outdoor Workshop
  • Outbuilding

Farming

  • Barn
  • Pasture
  • Fenced For Cattle

Utilities

  • Septic Tank
  • High Speed Internet

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 9850-55-8157

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.06500
  • Ratio Close Price By Original Li: 1.06500
  • Ratio Current Price By Acre: 50054.23
  • Ratio Current Price By Sq Ft: 219.76
  • Year Built: 1974
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Storm Door(s)
  • Equipment: Central Vacuum, Dishwasher, Disposal, Double Oven, Downdraft Cooktop, Dryer, Exhaust Hood, Microwave, Propane, Refrigerator, Security System, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Fixture Exception Description: Metal fire pit/cook top behind house, next to chimney
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Fan, Breakfast Bar, Built-Ins, Kitchen Island, Pantry, Skylight(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 3150
  • Total Sq Ft: 3150

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Equestrian Facilities, Fenced Pasture, Fenced Yard, Outbuilding, Pool-In-Ground, Wired Internet Available, Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Radiant Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Cleared, Hilly, Level, Pasture, Paved Frontage, Pond, Trees, Wooded
  • Lot Size Area: 13.830
  • Parcel Number: 9850-55-8157
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 416846.00
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Fernandes Stephen and Fernandes Beverly Wiley
Bought by
Fernandes Joseph Winston and Fernandes Seph Winston
Current Estimated Value
$859,536

Purchase Details

Listed on
Oct 7, 2021
Closed on
Oct 26, 2021
Sold by
Larsen Kurt A and Larsen Cathcrinc E
Bought by
Fernandes Joseph Winston and Fernandes Jessie Leigh
Seller's Agent
Jill Reece
Carolina Luxury Brokers LLC
Buyer's Agent
Susan Hooper
Howard Hanna Beverly-Hanks Waynesville
List Price
$650,000
Sold Price
$692,250
Premium/Discount to List
$42,250
6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 11, 2015
Sold by
Goolsbay Dwight A
Bought by
Larsen Kurt A and Larsen Catherine E H
Seller's Agent
Ben Falcon
Agent Asheville Real Estate
Buyer's Agent
Mike Hahn
Coldwell Banker Advantage
List Price
$419,900
Sold Price
$419,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$425,965
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Listed on
Jan 24, 2012
Closed on
Jul 13, 2012
Sold by
Roland Patrick A and Roland Patricia A
Bought by
Goolsbay Dwight A
Seller's Agent
Toby Davis
RE/MAX Results
Buyer's Agent
John Carroll
Coldwell Banker Advantage
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$272,000
Interest Rate
3.72%
Mortgage Type
New Conventional
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
Fernandes Joseph Winston $104,000 None Listed On Document
Fernandes Joseph Winston $692,500 None Available
Larsen Kurt A $420,000 None Available
Goolsbay Dwight A $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larsen Kurt A $425,965
Previous Owner Goolsbay Dwight A $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2021 11/02/21 Sold $692,250 +6.5% $220 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $650,000 +54.8% $206 / Sq Ft
06/11/2015 06/11/15 Sold $419,900 0.0% $133 / Sq Ft View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $419,900 +23.5% $133 / Sq Ft
07/13/2012 07/13/12 Sold $340,000 -12.6% $109 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $389,000 -- $125 / 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 $3,491 $874,842 $112,983 $761,859
2023 $2,639 $416,846 $89,224 $327,622
2022 $2,639 $416,846 $89,224 $327,622
2021 $2,639 $416,846 $89,224 $327,622
2020 $2,639 $416,846 $89,224 $327,622
2019 $1,995 $286,658 $61,149 $225,509
2018 $1,749 $0 $0 $0
2017 $1,749 $0 $0 $0
2016 $1,749 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $286,657 $61,149 $225,508
2013 -- $286,657 $61,149 $225,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3789785

Canopy MLS (Canopy Realtor® Association)

APN: 9850-55-8157