NOT LISTED FOR SALE

245 Marcellina Dr Fairview, NC 28730

Fairview Area

Estimated Value: $562,000 - $753,409

3 Beds
2.5 Baths
1,854 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: May 16, 2019

Last sale price $399,000 $215 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,827 / mo

543 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Private Lot
  • Fairview Elementary School Rated A-
  • Fruit Trees
  • Vaulted Ceiling

About This Home

As of May 2019

Nestled in a private cove and surrounded by 10+ acres of NC foliage this beautiful paradise is only 25 min from downtown Asheville. This home was built by a 1940s movie actor and is filled with lovely accents, charm & character. This is a very successful vacation rental for the last 11 years, (grossing 65k in 2018) high-end furnishings are included. Gorgeous views from the home & outdoor spa. Great addition to your real estate portfolio Can be on Airbnb &/or VRBO

Last Agent to Sell the Property

Melissa Webb

Exit Realty Experts License #275956 Listed on: 10/13/2017

Exit Realty Experts

Last Buyer's Agent

Lynelle Flowers

Lantern Realty & Development License #285288

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Many Trees

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Pool

  • Spa

Utilities

  • Ductless Heating Or Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0616-01-2460-00000

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

10 Acres

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2.5 Story
  • Architectural Style: Rustic
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93007
  • Ratio Close Price By Original Li: 0.84000
  • Ratio Current Price By Acre: 39900.00
  • Ratio Current Price By Sq Ft: 215.21
  • Year Built: 1977
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 735
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Propane, Gas Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 926
  • Third Level Sq Ft: 193
  • Total Sq Ft: 1854

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 3 Car, Parking Space - 4+

Utilities

  • Heating: Ductless/Mini-Split System, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary

Lot Info

  • Lot Features: Fruit Trees, Level, Long Range View, Mountain View, Private, Sloping, Steep, Stream/Creek, Trees, Wooded, Year Round View
  • Parcel Number: 0616-01-2460-00000
  • Plat Reference Section Pages: 0847
  • Zoning: Residential
  • Zoning Specification: OU

Tax Info

  • Tax Value: 290000.00
  • Tax Amount Ncm: 2000.00
  • Tax Location: Buncombe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
May 16, 2019
Sold by
Bought by
Seller's Agent
Melissa Webb
Exit Realty Experts
Buyer's Agent
Lynelle Flowers
Lantern Realty & Development
List Price
$475,000
Sold Price
$399,000
Premium/Discount to List
-$76,000
-16%
Current Estimated Value
$648,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,352
Avg. Annual Appreciation
6.96%
Original Mortgage
$299,250
Outstanding Balance
$256,963
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$391,389

Purchase Details

Closed on
Oct 4, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fairview, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,000 None Available
$335,000 Chicago Title Insurance Co
$222,000 --
$178,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $299,250
Previous Owner $268,000
Previous Owner $45,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $399,000 -7.0% $215 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $429,000 -1.4% $231 / Sq Ft
10/30/2018 10/30/18 Price Changed $435,000 -1.1% $235 / Sq Ft
10/25/2018 10/25/18 Price Changed $440,000 -2.2% $237 / Sq Ft
08/10/2018 08/10/18 Price Changed $450,000 -5.3% $243 / Sq Ft
10/13/2017 10/13/17 For Sale $475,000 -- $256 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,884 $442,600 $139,400 $303,200
2024 $2,884 $439,700 $154,400 $285,300
2023 $2,884 $439,700 $154,400 $285,300
2022 $2,754 $439,700 $0 $0
2021 $2,754 $439,700 $0 $0
2020 $2,154 $317,200 $0 $0
2019 $1,969 $290,000 $0 $0
2018 $1,969 $290,000 $0 $0
2017 $1,998 $221,700 $0 $0
2016 $1,672 $221,700 $0 $0
2015 $1,672 $221,700 $0 $0
2014 $1,649 $221,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3326468

Canopy MLS

APN: 0616-01-2460-00000

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