NOT LISTED FOR SALE

265 Slope Terrace Mars Hill, NC 28754

Estimated Value: $626,000 - $706,000

3 Beds
3.5 Baths
2,300 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $425,000 $185 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,911/month

11 Days on Market

Highlights

  • Ski Accessible
  • Spa
  • Private Lot
  • Madison Middle School Rated A-
  • Hilly Lot
  • Wooded Lot

About This Home

As of March 2021

This cabin's name of "The Skybox" is very fitting as you have magnificent western views that seem to go on forever with incredible sunsets. Located at the Scenic Wolf Resort, this home has three bedrooms and three and a half baths, along with an additional bonus room that you, your guests or your vacation renters will have plenty of room to spread out in. Combine all of this with over 1,000 square feet of deck space, complete with a hot tub and you'll never want to leave. Home is located at the end of the street with privacy and easy access to the ski slopes and the ability to ski in and ski out. Successful vacation rental listed on both Airbnb and VRBO as "The Skybox". Property comes completely furnished and turnkey ready. Book your showing today!

Last Agent to Sell the Property

Tyler Coon

EXP Realty LLC License #313885 Listed on: 02/17/2021

EXP Realty LLC

Co-Listed By

Galen Walter

LPT Realty, LLC License #313869

Last Buyer's Agent

Bill DeVore

Keller Williams Professionals License #294761

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Cabin

Interior Spaces

  • Gas Log Fireplace
  • Wood Flooring

Pool

  • Spa

Utilities

  • Heating System Uses Propane
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9861-19-2601
  • Tax Block 19

Community Details

Recreation

  • Community Pool
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.08974
  • Ratio Close Price By Original Li: 1.08974
  • Ratio Current Price By Acre: 2656250.00
  • Ratio Current Price By Sq Ft: 184.78
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 500
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Electric Range, Exhaust Hood, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Lower
  • Room Count: 3
  • Lower Level Sq Ft: 900
  • Main Level Sq Ft: 900
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Ski Slopes, Walking Trails
  • Association Fee: 750.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Private, Sloping, Steep, Trees, Views, Winter View, Wooded, Year Round View
  • Parcel Number: 9861-19-2601
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 268863.00
  • Tax Block: 19
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 31, 2021
Sold by
Higgs Michael Thomas and Higgs Erin K
Bought by
Caldwell Marcus Elliot
Seller's Agent
Tyler Coon
EXP Realty LLC
Buyer's Agent
Bill DeVore
Keller Williams Professionals
List Price
$390,000
Sold Price
$425,000
Premium/Discount to List
$35,000
8.97%
Current Estimated Value
$669,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,058
Avg. Annual Appreciation
9.87%
Original Mortgage
$382,500
Outstanding Balance
$344,231
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,827

Purchase Details

Listed on
May 23, 2019
Closed on
Dec 6, 2019
Sold by
Cincotta John C and Cincotta Brenda Y
Bought by
Higgs Michael Thomas and Higgs Erin K
Seller's Agent
Keith Arnold
Nest Realty Asheville
Buyer's Agent
Tyler Coon
EXP Realty LLC
List Price
$299,900
Sold Price
$291,000
Premium/Discount to List
-$8,900
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.53%
Original Mortgage
$247,350
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Scenic Wolf Development Llc
Bought by
Cincotta John C and Cincotta Brenda Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caldwell Marcus Elliot $425,000 None Available
Higgs Michael Thomas $291,000 None Available
Cincotta John C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Marcus Elliot $382,500
Previous Owner Higgs Michael Thomas $247,350
Previous Owner Cincotta John C $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $425,000 +9.0% $185 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $390,000 0.0% $170 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $390,000 +34.0% $170 / Sq Ft
12/10/2019 12/10/19 Sold $291,000 -3.0% $127 / Sq Ft View Prior Sale
10/26/2019 10/26/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $299,900 0.0% $130 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $299,900 0.0% $130 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $299,900 -- $130 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,165 $441,041 $48,400 $392,641
2023 $1,766 $268,863 $40,000 $228,863
2022 $1,766 $268,863 $40,000 $228,863
2021 $1,766 $268,863 $40,000 $228,863
2020 $1,766 $268,863 $40,000 $228,863
2019 $1,829 $260,735 $66,000 $194,735
2018 $1,590 $0 $0 $0
2017 $1,590 $0 $0 $0
2016 $1,590 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $260,735 $66,000 $194,735
2013 -- $260,735 $66,000 $194,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3709434

Canopy MLS (Canopy Realtor® Association)

APN: 9861-19-2601