NOT LISTED FOR SALE

183 N Main St Mars Hill, NC 28754

Estimated Value: $397,000 - $554,000

6 Beds
3 Baths
2,915 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 05, 2019

Last sale price $239,900 $82 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,576/month

18 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • Wood Burning Fireplace
  • Madison Middle School Rated A-
  • Front Green Space

About This Home

As of March 2019

Lovely duplex on Main Street with West facing views. Walk to Mars Hill University, restaurants, shopping. Main house has 4 bedrooms, 2 full baths, full dining room, living room, kitchen & wood framed doors. Downstairs apartment has 2/1. Both are rented; upstairs to end of July and downstairs to the end of October. Upstairs kitchen updated, new washers and dryers, new natural gas hvac, new appliances, and many other features. See list attached. Just 20 minutes to downtown Asheville and all the area has to offer.

Last Agent to Sell the Property

Kathy Laferriere

Fathom Realty License #250901 Listed on: 01/08/2019

Fathom Realty

Last Buyer's Agent

Heather Hines

Landon Key Realty License #277623

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • Front Green Space

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Wood Burning Fireplace
  • Oven

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for cable, electricity, gas
  • Rent includes exterior maintenance, sewer, water
  • Assessor Parcel Number 9747-85-2687

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 0.95998
  • Ratio Close Price By Original Li: 0.95998
  • Ratio Current Price By Acre: 399833.33
  • Ratio Current Price By Sq Ft: 82.30
  • Year Built: 1951
  • Property Features: Cable Available, Dishwasher, Fireplace, Porch/Patio, Range/Oven, Refrigerator, Second Living Quarters
  • Special Features: None

Interior Features

  • Foundation Details: Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), CO Detector, Cooktop Electric, Dryer, Dishwasher, Electric Range, Exhaust Fan, Microwave, Oven, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Basement
  • Sq Ft Basement: 927
  • Total Sq Ft: 2915

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway, Parking Space - 4+

Utilities

  • Heating: Electric Baseboard Heat, Gas Space Heater, Natural Gas, Propane, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Green Area, Long Range View, Mountain View, Paved Frontage, Views, Winter View
  • Lot Size Area: 0.600
  • Parcel Number: 9747-85-2687
  • Zoning Specification: R2

Rental Info

  • Rent Includes: Exterior Maintenance, Sewer, Water
  • Tenant Pays: Cable, Electricity, Gas

Tax Info

  • Tax Value: 139747.00
  • Tax Location: Mars Hill

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 28, 2019
Sold by
Donovan David P and Donovan Suzzanne P
Bought by
Connolly Christian David and Schulze Lorienne
Seller's Agent
Kathy Laferriere
Fathom Realty
Buyer's Agent
Heather Hines
Landon Key Realty
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$462,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,598
Avg. Annual Appreciation
10.44%
Original Mortgage
$191,920
Outstanding Balance
$168,730
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$293,768

Purchase Details

Listed on
Sep 29, 2015
Closed on
Dec 3, 2015
Sold by
Vrankovie Ante and Vrankovie Sherrie
Bought by
Donovan David P and Donovan Suzanne P
Seller's Agent
Kathy Laferriere
Fathom Realty
Buyer's Agent
Kathy Laferriere
Fathom Realty
List Price
$199,000
Sold Price
$180,000
Premium/Discount to List
-$19,000
-9.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$135,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Stevens Patricia C and Stevens George Edwards
Bought by
Vrankovic Ante and Vrankovic Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Jackson Mary Elizabeth and Navy Martha Kathryn
Bought by
Stevens Patricia C and Stevens George Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Connolly Christian David $240,000 None Available
Donovan David P $180,000 None Available
Vrankovic Ante $208,000 None Available
Stevens Patricia C $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connolly Christian David $191,920
Previous Owner Donovan David P $135,000
Previous Owner Vrankovic Ante $156,000
Previous Owner Stevens Patricia C $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2019 03/05/19 Sold $239,900 -4.0% $82 / Sq Ft
01/26/2019 01/26/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $249,900 +38.8% $86 / Sq Ft
12/15/2015 12/15/15 Sold $180,000 -9.5% $72 / Sq Ft View Prior Sale
10/18/2015 10/18/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $199,000 -- $80 / 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 $1,486 $362,875 $57,970 $304,905
2023 $1,341 $232,175 $52,700 $179,475
2022 $1,341 $232,175 $52,700 $179,475
2021 $1,341 $232,175 $52,700 $179,475
2020 $1,341 $232,175 $52,700 $179,475
2019 $929 $139,747 $42,500 $97,247
2018 $727 $0 $0 $0
2017 $1,384 $0 $0 $0
2016 $1,384 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $139,747 $42,500 $97,247
2013 -- $139,747 $42,500 $97,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3463159

Canopy MLS (Canopy Realtor® Association)

APN: 9747-85-2687