NOT LISTED FOR SALE

226 Ray Hill Rd Mills River, NC 28759

Estimated Value: $211,000 - $342,000

1 Bed
1 Bath
960 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 09, 2023

Last sale price $250,000 $260 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,465/month

5 Days on Market

Highlights

  • Deck
  • Private Lot
  • Farmhouse Style Home
  • Mills River Elementary School Rated A-
  • Wooded Lot
  • Separate Outdoor Workshop

About This Home

As of October 2023

Cute Mills River mountain house, conveniently nestled between Asheville, Brevard and Hendersonville. Sitting on a large, flat, quiet and cleared lot, this cozy home has a great living room equipped with a functioning gas fireplace. Two new mini-splits keep the home warm in the winter and cool in the summer with great efficiency. Two outbuildings with electricity would make fantastic craft rooms, workshops or storage. Come visit and see all that can be yours at such a rare price point! Home is being sold "as is."

Last Agent to Sell the Property

Chandler Brewer

Town and Mountain Realty Brokerage Email: chandler.brewer@allentate.com License #259935 Listed on: 08/30/2023

Last Buyer's Agent

Constance Ambler

Howard Hanna Beverly-Hanks Asheville-Downtown License #345725

Howard Hanna Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $796

Year Built

  • Built in 1933

Lot Details

  • Front Green Space
  • Fenced
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R2R

Parking

  • Driveway

Home Design

  • Farmhouse Style Home
  • Rustic Architecture
  • Cabin
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

  • Mills River Elementary School
  • Rugby Middle School
  • West Henderson High School

Additional Features

  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 801846

Home Details

Home Type

Single Family

Est. Annual Taxes

$796

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Farmhouse, Rustic
  • Year Built: 1933
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 260.42
  • Geocode Confidence: High
  • Attribution Contact: chandler.brewer@allentate.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 600
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 360
  • Appliances: Electric Range, Microwave, Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 960
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Gas Log
  • Living Area: 960
  • Bedroom Main: 0
  • Room Count: 6

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood
  • Other Structures: Outbuilding, Shed(s), Workshop
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Heating: Ductless
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Ductless
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Rugby
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Green Area, Level, Open Lot, Pasture, Private, Wooded
  • Lot Size Area: 0.36
  • Lot Size Units: Acres
  • Parcel Number: 801846
  • Zoning: R2R
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2R

MLS Schools

  • Elementary School: Mills River
  • High School: West Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Oct 4, 2023
Sold by
Bryson Katelyn Erin and Bryson Nathaniel Douglas
Bought by
Blankenship Douglas Ralph Ira
Seller's Agent
Chandler Brewer
Town and Mountain Realty
Buyer's Agent
Constance Ambler
Howard Hanna Beverly-Hanks Asheville-Downtown
List Price
$250,000
Sold Price
$250,000
Views
336
Current Estimated Value
$263,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,567
Avg. Annual Appreciation
2.65%
Original Mortgage
$250,000
Outstanding Balance
$245,185
Interest Rate
7.23%
Mortgage Type
VA
Estimated Equity
$18,382

Purchase Details

Closed on
May 6, 2020
Sold by
Boyer Larry E and Hiestand Linda May
Bought by
Marcello Katelyn E and Marcello Nathaniel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,369
Interest Rate
3.3%
Mortgage Type
FHA
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
Blankenship Douglas Ralph Ira $250,000 None Listed On Document
Marcello Katelyn E $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blankenship Douglas Ralph Ira $250,000
Previous Owner Marcello Katelyn E $88,369
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2023 10/09/23 Sold $250,000 0.0% $260 / Sq Ft
08/30/2023 08/30/23 For Sale $250,000 -- $260 / 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 $796 $145,700 $50,700 $95,000
2024 $796 $145,700 $50,700 $95,000
2023 $780 $142,900 $50,700 $92,200
2022 $575 $85,000 $19,000 $66,000
2021 $0 $85,000 $19,000 $66,000
2020 $575 $85,000 $0 $0
2019 $575 $85,000 $0 $0
2018 $505 $75,400 $0 $0
2017 $505 $75,400 $0 $0
2016 $505 $75,400 $0 $0
2015 -- $75,400 $0 $0
2014 -- $71,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4064493

Canopy MLS (Canopy Realtor® Association)

APN: 0801846