NOT LISTED FOR SALE

2038 Old Fanning Bridge Rd Mills River, NC 28759

Estimated Value: $490,000 - $520,000

4 Beds
1.5 Baths
2,012 Sq Ft
$251/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $225,000 $112 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,880/month

3 Days on Market

Highlights

  • Ranch Style House
  • Wood Burning Fireplace
  • Vinyl Flooring
  • Glenn C. Marlow Elementary School Rated A

About This Home

As of January 2016

ESTATE SALE! First time on market, home sold AS-IS Great Brick Rancher built in 1959. Home purchased as part of larger parcel. Great flat 1.25 acres with long range views, newer roof, great bones in house just needs to be updated. Over 2000 sq. feet with over 1600 sq. feet in big unfinished basement. It is believed that hardwood floors are in all of the main part of the house, not the den.

Last Agent to Sell the Property

Candy Whitt

Candy Whitt Associates License #59356 Listed on: 12/10/2015

Last Buyer's Agent

Candy Whitt

Candy Whitt Associates License #59356 Listed on: 12/10/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • Property is zoned Multiple Use

Parking

  • 1

Home Design

  • Ranch Style House

Interior Spaces

  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Vinyl Flooring
  • Pull Down Stairs to Attic

Listing and Financial Details

  • Assessor Parcel Number 0801758

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90072
  • Ratio Close Price By Original Li: 0.90072
  • Ratio Current Price By Acre: 197368.42
  • Ratio Current Price By Sq Ft: 111.83
  • Year Built: 1959
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Exhaust Hood, Refrigerator
  • Fireplace Description: Den, Gas Logs, Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 2012
  • Total Sq Ft: 2012
  • Sq Ft Unheated Basement: 1634
  • Sq Ft Unheated Total: 1634

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Basement, Carport - 1 Car, Garage - 1 Car

Utilities

  • Heating: Oil Floor Furnace
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Long Range View, Mountain View
  • Lot Size Area: 1.140
  • Parcel Number: 0801758
  • Zoning: Multiple Use
  • Zoning Specification: MR-MU

Tax Info

  • Tax Value: 384900.00
  • Tax Location: Mills River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jan 22, 2016
Sold by
Hensley Clyde Wayne
Bought by
Hill Dennis and Hill Sharon
Seller's Agent
Candy Whitt
Candy Whitt Associates
Buyer's Agent
Candy Whitt
Candy Whitt Associates
List Price
$249,800
Sold Price
$225,000
Premium/Discount to List
-$24,800
-9.93%
Current Estimated Value
$505,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,521
Avg. Annual Appreciation
8.81%
Original Mortgage
$213,750
Outstanding Balance
$172,477
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$333,044

Purchase Details

Closed on
Oct 30, 2015
Sold by
Lowe Roberta F
Bought by
Hensley Clyde Wayne
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
Hill Dennis $225,000 --
Hensley Clyde Wayne $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Dennis $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $225,000 -9.9% $112 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
12/10/2015 12/10/15 For Sale $249,800 -- $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
2025 $1,505 $349,300 $81,400 $267,900
2024 $1,505 $349,300 $81,400 $267,900
2023 $1,505 $349,300 $81,400 $267,900
2022 $1,277 $227,700 $39,300 $188,400
2021 $1,277 $227,700 $39,300 $188,400
2020 $1,277 $227,700 $0 $0
2019 $1,277 $227,700 $0 $0
2018 $825 $146,100 $0 $0
2017 $825 $146,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3133912

Canopy MLS (Canopy Realtor® Association)

APN: 1018898