NOT LISTED FOR SALE

230 Hampton Gap Dr Mars Hill, NC 28754

Estimated Value: $508,000 - $566,404

4 Beds
2.5 Baths
2,456 Sq Ft
$219/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $422,500 $172 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,201/month

5 Days on Market

Highlights

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

About This Home

As of June 2023

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST by Friday, 4/28 at 5pm. Experience the mountains with this cabin in the heart of Wolf Laurel! Perched at over 4000 feet of elevation, this home also includes a fully finished walk-out basement with a second kitchen and living area. Enjoy all the amenities of Wolf Laurel or relax on the covered porch and take in the mountains. The home is also an active vacation rental. Don't miss all this versatile home has to offer!

Last Agent to Sell the Property

Ryan Howell

Keller Williams Mtn Partners, LLC License #317060 Listed on: 04/24/2023

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Valeria Carrizo Wyda

Nest Realty Asheville License #245116

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1981

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-2

HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Separate Entry Quarters

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Propane
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9862-25-6691

Community Details

Overview

  • Wolf Laurel HOA
  • Wolf Laurel Poa, Phone Number (828) 689-4089
  • Wolf Laurel Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,845

Year Built

Built in 1981

Lot Details

0

HOA Fees

$116 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 1981
  • Restrictions: Other - See Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Interior Connected,Separate Living Quarters
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 172.03
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1261
  • 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: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1261
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1195
  • Fireplace Features: Family Room, Wood Burning, Wood Burning Stove
  • Living Area: 2456
  • Bedroom Main: 1
  • Room Count: 9
  • Bedroom Basement: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Waterfront Features: None
  • Waterfront Elevation: 4000
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric, Propane, Wood Stove
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), None
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Playground, Ski Slopes, Tennis Court(s), Walking Trails
  • Association Fee: 1194.56
  • Association Fee Frequency: Annually
  • Association #2 Fee: 190
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Wolf Laurel POA
  • Association Name: Wolf Laurel HOA
  • Association Phone #2: 828-689-4089
  • ResoAssociationFeeFrequency: Annually
  • Association Email: suehonor@wolflaurelrms.com

Association/Amenities

  • Association Annual Expense: 1384.56
  • Association Email 2: carol@wolflaurelpoa.com

Schools

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

Lot Info

  • Lot Features: Sloped, Wooded, Views
  • Lot Size Area: 0.78
  • Lot Size Units: Acres
  • Parcel Number: 9862-25-6691
  • Zoning: R-2
  • Plat Book Slide: 2-65
  • Plat Reference Section Pages: 2-65
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 24, 2023
Sold by
Laba Investments Llc
Bought by
Hotchkis Tara K
Seller's Agent
Ryan Howell
Keller Williams Mtn Partners, LLC
Buyer's Agent
Valeria Carrizo Wyda
Nest Realty Asheville
List Price
$385,000
Sold Price
$422,500
Premium/Discount to List
$37,500
9.74%
Views
33
Current Estimated Value
$538,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,351
Avg. Annual Appreciation
11.47%
Original Mortgage
$320,000
Outstanding Balance
$311,782
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$227,069

Purchase Details

Closed on
Feb 17, 2021
Sold by
Phelps Donald F and Donald F Phelps Revocable Trus
Bought by
Laba Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2005
Sold by
Benton Billy F and Benton Betty M
Bought by
Schmidt David and Schmidt Nancy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hotchkis Tara K $427,500 None Listed On Document
Laba Investments Llc $300,000 None Available
Schmidt David $198,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hotchkis Tara K $320,000
Previous Owner Laba Investments Llc $250,000
Previous Owner Phelps Donald Fritts $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $422,500 +9.7% $172 / Sq Ft
04/24/2023 04/24/23 For Sale $385,000 -- $157 / 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 $1,845 $370,089 $48,400 $321,689
2023 $1,430 $211,880 $40,000 $171,880
2022 $1,430 $211,880 $40,000 $171,880
2021 $1,430 $211,880 $40,000 $171,880
2020 $1,430 $211,880 $40,000 $171,880
2019 $1,146 $154,071 $30,000 $124,071
2018 $940 $0 $0 $0
2017 $940 $0 $0 $0
2016 $940 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $154,071 $30,000 $124,071
2013 -- $154,071 $30,000 $124,071
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4015671

Canopy MLS (Canopy Realtor® Association)

APN: 9862-25-6691