NOT LISTED FOR SALE

2535 Puncheon Fork Rd Mars Hill, NC 28754

Estimated Value: $334,401 - $482,000

3 Beds
2 Baths
1,568 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $100,000 $64 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $2,231/month

51 Days on Market

About This Home

As of December 2014

Great Deal on this foreclosure in Mars Hill. This house is priced low to move fast. The seller is motivated. The pictures speak for themselves. The home has a full basement. hardwood floors in the kitchen, living room, and master bed room. I has carpet in one of the other bedrooms and needs new floor covering in the other. Just a little work and you will have a great home in the mountains just 30 min to Asheville and 40 min to Johnson City.

Last Agent to Sell the Property

Jeffrey Allen

Carolina Tennessee Land Co License #233714 Listed on: 10/25/2014

Last Buyer's Agent

Kathleen Chieco

RE/MAX Results License #228906

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,200

Year Built

  • Built in 1992

Lot Details

  • 2

Parking

  • 2

Home Design

  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms
  • Well

Listing and Financial Details

  • Assessor Parcel Number 9851432243

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,200

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.83403
  • Ratio Close Price By Original Li: 0.77519
  • Ratio Current Price By Acre: 50000.00
  • Ratio Current Price By Sq Ft: 63.78
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Wood
  • Main Level Sq Ft: 1568
  • Total Sq Ft: 1568
  • Sq Ft Unheated Basement: 1568

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Parking: Basement, Garage - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, No A/C
  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Size Area: 2.000
  • Parcel Number: 9851432243
  • Plat Reference Section Pages: 489
  • Zoning Specification: RA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Dec 17, 2014
Sold by
English Janice B
Bought by
Riddle Aaron and Riddle Jessica
Seller's Agent
Jeffrey Allen
Carolina Tennessee Land Co
Buyer's Agent
Kathleen Chieco
RE/MAX Results
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Current Estimated Value
$400,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,350
Avg. Annual Appreciation
13.69%
Original Mortgage
$10,200,000
Outstanding Balance
$7,844,716
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
-$7,444,366

Purchase Details

Listed on
Oct 25, 2014
Closed on
Oct 20, 2014
Sold by
Mountain View Of Self Storage Wolf Laure
Bought by
English Janice B
Seller's Agent
Jeffrey Allen
Carolina Tennessee Land Co
Buyer's Agent
Kathleen Chieco
RE/MAX Results
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,200,000
Outstanding Balance
$7,844,716
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
-$7,444,366
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Riddle Aaron $100,000 None Available
English Janice B $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddle Aaron $10,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $100,000 -22.5% $64 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $129,000 -- $82 / 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 $1,200 $226,605 $29,100 $197,505
2023 $1,005 $139,908 $23,000 $116,908
2022 $1,005 $139,908 $23,000 $116,908
2021 $1,005 $139,908 $23,000 $116,908
2020 $1,005 $139,908 $23,000 $116,908
2019 $1,045 $138,344 $17,000 $121,344
2018 $844 $0 $0 $0
2017 $844 $0 $0 $0
2016 $844 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $138,344 $17,000 $121,344
2013 -- $138,344 $17,000 $121,344
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeffrey Allen

    Carolina Tennessee Land Co

  • K

    Buyer's Agent in 2014

    Kathleen Chieco

    RE/MAX

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM573005

Canopy MLS (Canopy Realtor® Association)

APN: 9851-43-2243

North Carolina Madison County Mars Hill 28754

2535 Puncheon Fork Rd, Mars Hill, NC

This home is located at 2535 Puncheon Fork Rd, Mars Hill, NC 28754 since 25 October 2014 and is currently estimated at $400,350, approximately $255 per square foot. This property was built in 1992. 2535 Puncheon Fork Rd is a home located in Madison County with nearby schools including Madison Middle School.

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