Seller's Agent in 2020
Heidi DuBose
Unique: A Real Estate Collective
(828) 280-8430
4 in this area
258 Total Sales
283 N Main St Mars Hill, NC 28754
Estimated Value: $339,953 - $402,000
3
Beds
2
Baths
1,127
Sq Ft
$336/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cottage
- Level Lot
- Madison Middle School Rated A-
- Front Green Space
About This Home
As of September 2020Immediate positive cash flow ($2100 per month!) on this great duplex in Downtown Mars Hill! Upper unit is rented with occupancy beginning in August for $1500 per month for one year. Lower level has stayed rented at $600 per month, but seller will let new owner choose the tenant. New carpet in lower level. Baths have been updated, and floors refinished. Washer and dryer in each unit. Lower level has large deck, and upper level has screened porch and deck. Covered front porch. Walk to the brewery, dinner, coffee, and classes! Better CAP rate than Asheville properties with long term growth potential in a charming college town!
Last Agent to Sell the Property
Unique: A Real Estate Collective License #255754 Listed on: 07/09/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- Front Green Space
- Level Lot
Parking
- Gravel Driveway
Home Design
- Duplex
- Cottage
- Bungalow
Flooring
- Wood
- Tile
Additional Features
- 2 Full Bathrooms
- Crawl Space
Listing and Financial Details
- Tenant pays for cable
- Rent includes electricity, exterior maintenance, gas, sewer, water
- Assessor Parcel Number 9747-86-5189
- Tax Block 86
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2020
Closed on
Sep 24, 2020
Sold by
Valdes Savannah
Bought by
Loring Michelle M
Seller's Agent
Heidi DuBose
Unique: A Real Estate Collective
Buyer's Agent
Heather Wheatley
Carolina Home Source LLC
List Price
$245,000
Sold Price
$235,000
Premium/Discount to List
-$10,000
-4.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,488
Avg. Annual Appreciation
9.92%
Original Mortgage
$176,250
Outstanding Balance
$156,765
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$221,723
Purchase Details
Closed on
Apr 10, 2017
Sold by
Alford Roger W and Alford Elizabeth W
Bought by
Valdes Savannah
Purchase Details
Closed on
Jan 29, 2010
Sold by
Edney Edney M and Edney Elizabeth Williamsen
Bought by
Alford Roger W and Alford Elizabeth W
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loring Michelle M | $235,000 | None Available | |
| Valdes Savannah | $232,000 | None Available | |
| Alford Roger W | $147,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loring Michelle M | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2020 09/24/20 | Sold | $235,000 | -4.1% | $209 / Sq Ft |
| 07/28/2020 07/28/20 | Pending | -- | -- | -- |
| 07/09/2020 07/09/20 | For Sale | $245,000 | -- | $217 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $757 | $160,140 | $19,096 | $141,044 |
| 2023 | $652 | $94,457 | $19,373 | $75,084 |
| 2022 | $652 | $94,457 | $19,373 | $75,084 |
| 2021 | $652 | $94,457 | $19,373 | $75,084 |
| 2020 | $652 | $94,457 | $19,373 | $75,084 |
| 2019 | $636 | $86,621 | $19,040 | $67,581 |
| 2018 | $450 | $0 | $0 | $0 |
| 2017 | $858 | $0 | $0 | $0 |
| 2016 | $858 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $86,621 | $19,040 | $67,581 |
| 2013 | -- | $86,621 | $19,040 | $67,581 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi DuBose
-
Heather Wheatley
Buyer's Agent in 2020
Heather Wheatley
Carolina Home Source LLC
(828) 335-0735
1 in this area
66 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3639634
APN: 9747-86-5189
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