NOT LISTED FOR SALE

159 Mcdowell Rd Mills River, NC 28759

Estimated Value: $862,958 - $941,000

3 Beds
2.5 Baths
2,721 Sq Ft
$336/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $660,000 $243 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,085/month

3 Days on Market

Highlights

  • Open Floorplan
  • Creek On Lot
  • Cathedral Ceiling
  • Glenn C. Marlow Elementary School Rated A
  • Arts and Crafts Architecture
  • Wood Flooring

About This Home

As of June 2021

Gorgeous showstopper in the heart of Mills River less than 20 minutes from downtown Asheville. Prepare to be impressed! The value and splendor of this home are unmatched at this price point. This "like new" home is truly the best value on the market and no details were spared with its construction and design. Every room features visually striking, high quality finishes designed to last. The open floor plan is anchored by a large family room which features 20' vaulted ceilings and opens to a spacious covered deck. Creek frontage, gentle topography, and pastoral views make this 1.26 acre property a rare find. The insulated daylight basement provides enormous potential to add value with its windows, bathroom plumbing, and french doors, creating a cost-effective possibility to increase the heated living area by up to 1,700 square feet. The large upstairs bonus room currently functions as a fourth bedroom. Available for showings starting on Saturday 4/17/21.

Last Agent to Sell the Property

Sarah Rominger

Mountain Haven Realty LLC License #289377 Listed on: 04/16/2021

Last Buyer's Agent

Erica Hodges

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #284132

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • Home fronts a stream
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Creek On Lot
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 10001012

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01554
  • Ratio Close Price By Original Li: 1.01554
  • Ratio Current Price By Acre: 523809.52
  • Ratio Current Price By Sq Ft: 242.56
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Block
  • Upper Level Sq Ft: 952
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Oven, Refrigerator
  • Fireplace Description: Living Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1769
  • Total Sq Ft: 2721
  • Sq Ft Unheated Basement: 1781
  • Sq Ft Unheated Total: 1781

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Schools

  • Elementary School: Glen Marlow
  • Middle School: Rugby
  • High School: West Henderson

Lot Info

  • Lot Features: Cleared, Creekfront, Level, Mountain View, Open Lot, Pasture, Paved Frontage, Stream/Creek, Trees, Views, Water view
  • Lot Size Area: 1.260
  • Parcel Number: 10001012
  • Plat Reference Section Pages: 2017 10507
  • Zoning Specification: MR-MU

Tax Info

  • Tax Value: 521600.00
  • Tax Location: Mills River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 7, 2021
Sold by
Hatley Mitchell W and Hatley Amber S
Bought by
Rathbone Paul Kenneth and Rathbone Andre A
Seller's Agent
Sarah Rominger
Mountain Haven Realty LLC
Buyer's Agent
Erica Hodges
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%
Current Estimated Value
$913,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,990
Avg. Annual Appreciation
7.79%
Original Mortgage
$528,000
Outstanding Balance
$478,038
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$435,952

Purchase Details

Closed on
Feb 7, 2019
Sold by
Moore & Son Site Contractors Inc
Bought by
Hatley Mitchell W and Hatley Amber S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,655
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Rathbone Paul Kenneth $660,000 None Available
Hatley Mitchell W $485,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rathbone Paul Kenneth $528,000
Previous Owner Hatley Mitchell W $460,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $660,000 +1.6% $243 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $649,900 -- $239 / 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
2025 $3,041 $705,600 $63,800 $641,800
2024 $3,041 $705,600 $63,800 $641,800
2023 $3,041 $705,600 $63,800 $641,800
2022 $2,926 $521,600 $40,800 $480,800
2021 $2,926 $521,600 $40,800 $480,800
2020 $2,926 $521,600 $0 $0
2019 $3,046 $542,900 $0 $0
2018 $206 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3728385

Canopy MLS (Canopy Realtor® Association)

APN: 9632164605