NOT LISTED FOR SALE

257 Lookout Dr Mars Hill, NC 28754

Estimated Value: $842,000 - $950,000

4 Beds
4 Baths
4,439 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 12, 2015

Last sale price $422,500 $95 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,060/month

44 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Cathedral Ceiling
  • Gated Community
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2015

Tax Value $823,440. Payoff to bank is even higher. SHORT SALE offered at $448,950! Views are priceless. This 4,400 sq/ft spectacular home with 35+ mile views was totally renovated and upgraded in 2007. Views of Grandfather Mountain and multiple layers of mountain ranges. A master BR suite on both levels, plenty of room to entertain family and friends, huge great room with giant fireplace, and fireplace in the kitchen! PENDING BANK APPROVAL

Last Agent to Sell the Property

Bobby Hicks

Hicks Real Estate Group LLP License #275326 Listed on: 04/26/2015

Last Buyer's Agent

John Buzenberg

Howard Hanna Beverly-Hanks Burnville License #212885

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,121

Year Built

  • Built in 1983

Lot Details

  • 0.78

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 986204538835.000

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,121

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.94108
  • Ratio Close Price By Original Li: 0.94108
  • Ratio Current Price By Acre: 541666.67
  • Ratio Current Price By Sq Ft: 95.18
  • Year Built: 1983
  • Special Features: 12
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Double Oven, Exhaust Fan, Microwave, Refrigerator, Wall Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Furnishings. Furnishings are available for purchase.
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Skylight(s), Walk-In Closet(s)
  • Room Count: 4
  • Sq Ft Basement: 2152
  • Main Level Sq Ft: 2287
  • Total Sq Ft: 4439
  • Sq Ft Unheated Basement: 248

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 125.00

Schools

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

Lot Info

  • Lot Dimension: 167x219x147x213
  • Lot Features: Long Range View, Mountain View, Sloping
  • Lot Size Area: 0.780
  • Parcel Number: 986204538835.000
  • Plat Reference Section Pages: 553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2015
Closed on
Oct 12, 2015
Sold by
Colwett Frank H and Colvett Sarah Cochran
Bought by
Burger Hugh J and Barger Rachel T
Seller's Agent
Bobby Hicks
Hicks Real Estate Group LLP
Buyer's Agent
John Buzenberg
Howard Hanna Beverly-Hanks Burnville
List Price
$448,950
Sold Price
$422,500
Premium/Discount to List
-$26,450
-5.89%
Current Estimated Value
$886,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,682
Avg. Annual Appreciation
7.69%
Original Mortgage
$338,000
Outstanding Balance
$266,476
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$619,706

Purchase Details

Closed on
Apr 30, 2007
Sold by
Veal Monte and Veal Mary Alice
Bought by
Hutson Don and Hutson Terri Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,845
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2006
Sold by
Hagan James L and Hagan Sharon L
Bought by
Veal Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
6.55%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Burger Hugh J -- None Available
Hutson Don $825,500 None Available
Veal Mary Alice $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burger Hugh J $338,000
Previous Owner Hutson Don $742,845
Previous Owner Veal Mary Alice $246,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2015 10/12/15 Sold $422,500 -5.9% $95 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $448,950 -- $101 / 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 $4,121 $723,000 $89,400 $633,600
2024 $4,121 $723,000 $89,400 $633,600
2023 $2,665 $410,060 $47,800 $362,260
2022 $2,612 $410,060 $47,800 $362,260
2021 $2,665 $410,060 $47,800 $362,260
2020 $2,665 $410,060 $47,800 $362,260
2019 $2,665 $410,060 $47,800 $362,260
2018 $2,665 $410,060 $47,800 $362,260
2017 $2,665 $410,060 $47,800 $362,260
2016 $2,665 $410,060 $47,800 $362,260
2015 $4,529 $823,440 $119,500 $703,940
2014 $4,529 $823,440 $119,500 $703,940
Source: Public Records

Agents Affiliated with this Home

  • Bobby Hicks

    Seller's Agent in 2015

    Bobby Hicks

    Hicks Real Estate Group LLP

    (828) 333-3505

    11 in this area

    32 Total Sales

    Bobby Hicks
    Section Image

  • J

    Buyer's Agent in 2015

    John Buzenberg

    Howard Hanna Beverly-Hanks Burnville

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM582723

Canopy MLS (Canopy Realtor® Association)

APN: 986204538835.000

North Carolina Yancey County Mars Hill 28754

257 Lookout Dr, Mars Hill, NC

This home is located at 257 Lookout Dr, Mars Hill, NC 28754 since 26 April 2015 and is currently estimated at $886,182, approximately $199 per square foot. This property was built in 1983. 257 Lookout Dr is a home located in Yancey County with nearby schools including Mountain Heritage High School.

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