NOT LISTED FOR SALE

186 Cottage Ln Mars Hill, NC 28754

Estimated Value: $623,000 - $734,000

4 Beds
4 Baths
2,861 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $491,250 $172 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,910/month

31 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Fitness Center
  • Madison Middle School Rated A-
  • Equestrian Center
  • Clubhouse

About This Home

As of September 2022

Great Home, Great Location! All paved roads to high elevation, walking distance to Country Club, with short term rental history to boot! Home is mostly furnished with bedrooms galore on a community sewer system. Gas fireplace with new logs in GR and FRM, and covered deck off the main level . Upper level has an oversize primary bedroom suites, cathedral ceilings, and one BR with fabulous views of ski slopes and mountains. Newer dishwasher, washer/dryer. Septic system has a holding tank and a pump that pumps to main line going to community system. Must see!

Amenities are via separate, voluntary, paid memberships. For Village Club call POA for accurate options available to this property. All restrictions via Blue Mt, Leon Murphy, clmcpa@charter.net, 828 380 2193. Non brokers must be accompanied for sec gate.

Last Agent to Sell the Property

Connie Carver

Wolf Mountain Realty, Inc. License #178652 Listed on: 08/07/2022

Last Buyer's Agent

Todd Smith

Open Skies Realty, LLC License #289274

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R-2, R2

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Propane Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck

Schools

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

Utilities

  • Community Well
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Equestrian Center

Listing and Financial Details

  • Assessor Parcel Number 9862-34-8139

Community Details

Overview

  • Blue Mt Association, Phone Number (828) 380-2193
  • Wolf Laurel Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,155

Year Built

Built in 2001

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2001
  • Ratio Current Price By Acre: 944711.54
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision,Other - See Media/Remarks
  • Doors and Windows: g-Insulated Door(s),Insulated Windows,Pocket Doors,Screen Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 171.71
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Cable Available, Split Bedroom, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1035
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1024
  • Porch: Back,Covered,Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 802
  • Fireplace Features: Family Room, Great Room, Propane
  • Living Area: 2861
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Elevation: 4500
  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Carport - 1 Car, Driveway

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Community Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Facilities, Equestrian Trails, Fitness Center, Game Court, Gated, Golf, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Security, Ski Slopes, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 125
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: The Lodge
  • Association Name: Blue Mt
  • Phone: 828 380 2193
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required
  • HOA Email: clmcpa@charter.net
  • HOA Management Name 2: Wolf Laurel POA
  • HOA Email 2: carol@wolflaurelpoa.com
  • HOA Management Phone 2: 8286899229
  • CAR_YearlyHOAExpense: 1500.00

Lot Info

  • Lot Features: Cul-De-Sac, Level, Long Range View, Mountain View, Paved, Sloped, Views, Year Round View
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 9862-34-8139
  • Plat Book Slide: 3/933
  • Plat Reference Section Pages: 3/933
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.63396

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2013
Closed on
Jan 8, 2015
Sold by
Hill Gene and Hill Leslie
Bought by
Nelson Harvey W and Nelson Mary Winn D
Seller's Agent
Jane Wallin
Mountain Laurel Realty
Buyer's Agent
Connie Carver
Wolf Mountain Realty, Inc.
List Price
$259,000
Sold Price
$235,000
Premium/Discount to List
-$24,000
-9.27%
Current Estimated Value
$676,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,499
Avg. Annual Appreciation
10.39%
Original Mortgage
$40,000
Interest Rate
3.69%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 2006
Sold by
Nelson Harvey W and Nelson Winn D
Bought by
Sergent Family Trust
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
Nelson Harvey W $235,000 None Available
Sergent Family Trust $491,500 --
Sergent Family Trust $491,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Harvey W $208,000
Previous Owner Nelson Harvey W $184,500
Previous Owner Nelson Harvey W $40,000
Previous Owner Nelson Harvey W $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $491,250 -6.4% $172 / Sq Ft
08/07/2022 08/07/22 For Sale $524,900 +123.4% $183 / Sq Ft
01/08/2015 01/08/15 Sold $235,000 -9.3% $124 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
08/08/2013 08/08/13 For Sale $259,000 -- $137 / 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 $2,155 $438,993 $43,600 $395,393
2023 $2,075 $321,244 $33,578 $287,666
2022 $2,075 $321,244 $33,578 $287,666
2021 $2,075 $321,244 $33,578 $287,666
2020 $2,075 $321,244 $33,578 $287,666
2019 $2,010 $289,139 $33,000 $256,139
2018 $1,764 $0 $0 $0
2017 $1,764 $0 $0 $0
2016 $1,764 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $289,139 $33,000 $256,139
2013 -- $289,139 $33,000 $256,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3888956

Canopy MLS (Canopy Realtor® Association)

APN: 9862-34-8139