NOT LISTED FOR SALE

191 Sugar Tree Ln Mars Hill, NC 28754

Estimated Value: $492,000 - $640,000

4 Beds
3 Baths
2,066 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $592,500 $287 Per Sq Ft

Current estimated payment $3,491/month

1 Day on Market

Highlights

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

About This Home

As of June 2024

Discover mountain living at its finest with this captivating 4 bed/3 bath home located in the gated community of Wolf Laurel. Boasting a covered porch, this residence offers the perfect vantage point to soak in the breathtaking winter views and the serene ambiance of the surrounding wooded lot. Entertain guests or simply unwind in style around the fire pit, creating cherished memories under the starlit sky. Outdoor enthusiasts will relish the proximity to both the legendary Appalachian Trail and the Wolf Ridge ski slope, promising endless adventures throughout the seasons. Conveniently situated just a short drive from the vibrant cities of Asheville and Johnson City, this home offers the ideal balance of secluded mountain living and urban convenience. Plus, with its documented rental history, it presents an exceptional short-term rental opportunity for those seeking a lucrative investment. Don't miss your chance to own this mountain oasis. Embrace the epitome of mountain living!

Last Agent to Sell the Property

Coker Metcalf

BHGRE Integrity Partners Brokerage Email: cokermetcalf@kw.com License #332382 Listed on: 05/09/2024

BHGRE Integrity Partners

Last Buyer's Agent

Connie Carver

Wolf Mountain Realty, Inc. License #178652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,442

Year Built

  • Built in 2005

Lot Details

  • Private Lot
  • Steep Slope
  • Hilly Lot
  • Wooded Lot
  • Property is zoned R-2

HOA Fees

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Gas Fireplace
  • Family Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

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

Horse Facilities and Amenities

  • Equestrian Center
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Community Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9852-93-8218

Community Details

Overview

  • Wl Rms Association
  • Wlpoa & Village Association
  • Wolf Laurel Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,442

Year Built

Built in 2005

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2005
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 286.79
  • Geocode Confidence: High
  • Attribution Contact: cokermetcalf@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1017
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 417
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 417
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 458
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1475
  • Has Basement: Daylight, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 591
  • Fireplace Features: Family Room, Fire Pit, Gas, Gas Log, Gas Unvented
  • Living Area: 2066
  • Bedroom Main: 1
  • Room Count: 11
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Waterfront Elevation: 4000
  • Construction Type: Wood
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Propane, Wired Internet Available
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Outdoor Pool, Picnic Area, Pond, Recreation Area, Ski Slopes, Tennis Court(s), Walking Trails
  • Association Fee: 1137.68
  • Association Fee Frequency: Annually
  • Association #2 Fee: 575
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: WLPOA & Village
  • Association Name: WL RMS
  • ResoAssociationFeeFrequency: Annually
  • Association Email: suehonor@wolflaurelrms.com

Association/Amenities

  • Association Annual Expense: 1712.68
  • Association Email 2: carol@wolflaurelpoa.com

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required

Lot Info

  • Lot Features: Hilly, Private, Steep Slope, Wooded
  • Lot Size Area: 1.06
  • Lot Size Units: Acres
  • Parcel Number: 9852-93-8218
  • Plat Book Slide: 2-113
  • Horse Amenities: Equestrian Facilities, Riding Trail
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 12, 2024
Sold by
Baliff Mark and Baliff Stephany
Bought by
Hudgins Gary A and Hudgins Lisa
Seller's Agent
Coker Metcalf
BHGRE Integrity Partners
Buyer's Agent
Connie Carver
Wolf Mountain Realty, Inc.
List Price
$610,000
Sold Price
$592,500
Premium/Discount to List
-$17,500
-2.87%
Views
8
Current Estimated Value
$592,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499
Avg. Annual Appreciation
0.06%
Original Mortgage
$396,750
Outstanding Balance
$391,667
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$201,332

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 22, 2022
Sold by
Clinton A And Virginia I Nelson Living T
Bought by
Baliff Gerald M and Baliff Mark
Seller's Agent
Connie Carver
Wolf Mountain Realty, Inc.
Buyer's Agent
Coker Metcalf
BHGRE Integrity Partners
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$408,000
Interest Rate
5%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 16, 2018
Sold by
Nelson Clinton A and Nelson Virginia J
Bought by
Nelson Clinton A and Nelson Virginia J

Purchase Details

Closed on
Aug 27, 2005
Sold by
Atkins Gerald C and Atkins Theresa S
Bought by
Nelson Clinton A and Nelson Virginia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hudgins Gary A $592,500 None Listed On Document
Baliff Gerald M $510,000 Musial Law Firm Pllc
Nelson Clinton A -- None Available
Nelson Clinton A $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudgins Gary A $396,750
Previous Owner Baliff Gerald M $408,000
Previous Owner Nelson Clinton A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $592,500 -2.9% $287 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $610,000 +19.6% $295 / Sq Ft
08/29/2022 08/29/22 Sold $510,000 -2.9% $255 / Sq Ft View Prior Sale
06/20/2022 06/20/22 For Sale $525,000 -- $262 / 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 $2,442 $502,769 $45,400 $457,369
2023 $1,471 $218,835 $33,750 $185,085
2022 $1,471 $218,835 $33,750 $185,085
2021 $1,471 $218,835 $33,750 $185,085
2020 $1,471 $218,835 $33,750 $185,085
2019 $1,318 $180,904 $27,000 $153,904
2018 $1,104 $0 $0 $0
2017 $1,104 $0 $0 $0
2016 $1,104 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $180,904 $27,000 $153,904
2013 -- $180,904 $27,000 $153,904
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4131164

Canopy MLS (Canopy Realtor® Association)

APN: 9852-93-8218