NOT LISTED FOR SALE

164 Southgate Unit 16 Mars Hill, NC 28754

Estimated Value: $599,000 - $783,000

3 Beds
2.5 Baths
1,974 Sq Ft
$333/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $212,500 $108 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,762/month

662 Days on Market

Highlights

  • Golf Course Community
  • Equestrian Center
  • Gated Community
  • Madison Middle School Rated A-
  • Fitness Center
  • Pond

About This Home

As of April 2018

Log home located on a cul-de-sac w/ large covered decks to sit in your rocking chair and listen to stream below you. Equity Amenities Membership to convey. Great year round access, close to village amenities. Spacious 3 level home that offers nice open great room w/stone wood-burning fplc, close mtn views, pine floors, tiled baths, workshop on lower level. Great spot for family room/recreational area. Beautiful mtn setting that you would expect for this well maintained log home. Unfurnished.

Last Agent to Sell the Property

Dinah Carver

Wolf Mountain Realty, Inc. License #168308 Listed on: 05/13/2016

Last Buyer's Agent

Amy Wilson

Homespun Investment Realty Inc License #272387

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Home fronts a stream
  • Wooded Lot

HOA Fees

  • $93 Monthly HOA Fees

Parking

  • Workshop in Garage

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Propane
  • Cable TV Available

Additional Features

  • Pond
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 9852-90-7314/9852-90-5176

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.92795
  • Ratio Close Price By Original Li: 0.86735
  • Ratio Current Price By Acre: 59859.15
  • Ratio Current Price By Sq Ft: 107.65
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 650
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Screen Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Washer, Electric Oven
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cable Available, Garage Shop
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 400
  • Main Level Sq Ft: 924
  • Total Sq Ft: 1974
  • Sq Ft Unheated Basement: 300
  • Sq Ft Unheated Total: 300

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Propane
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Playground, Pond, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1119.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Stream/Creek, Winter View, Wooded
  • Lot Size Area: 3.550
  • Parcel Number: 9852-90-7314/9852-90-5176
  • Plat Reference Section Pages: 775
  • Zoning: Residential
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 197715.00
  • Tax Amount Ncm: 1400.00
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Apr 12, 2018
Sold by
Luranc John
Bought by
Johnson Gary M
Seller's Agent
Dinah Carver
Wolf Mountain Realty, Inc.
Buyer's Agent
Amy Wilson
Homespun Investment Realty Inc
List Price
$245,000
Sold Price
$212,500
Premium/Discount to List
-$32,500
-13.27%
Current Estimated Value
$656,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,354
Avg. Annual Appreciation
16.24%
Original Mortgage
$212,500
Outstanding Balance
$182,704
Interest Rate
4.43%
Mortgage Type
VA
Estimated Equity
$474,150

Purchase Details

Closed on
Nov 19, 1993
Bought by
Luranc John and Luranc Marie A
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
Johnson Gary M $213,000 None Available
Luranc John $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Gary M $212,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $212,500 -13.3% $108 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
05/13/2016 05/13/16 For Sale $245,000 -- $124 / 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 $2,226 $454,573 $48,400 $406,173
2023 $1,761 $268,018 $36,000 $232,018
2022 $1,761 $268,018 $36,000 $232,018
2021 $1,761 $268,018 $36,000 $232,018
2020 $1,761 $268,018 $36,000 $232,018
2019 $1,425 $197,715 $27,000 $170,715
2018 $1,206 $0 $0 $0
2017 $1,206 $0 $0 $0
2016 $1,206 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $197,715 $27,000 $170,715
2013 -- $197,715 $27,000 $170,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3177181

Canopy MLS (Canopy Realtor® Association)

APN: 9852-90-7314