NOT LISTED FOR SALE

29 Valley Dr Mars Hill, NC 28754

Estimated Value: $628,850 - $761,000

3 Beds
3 Baths
2,187 Sq Ft
$310/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $490,000 $224 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,944/month

28 Days on Market

Highlights

  • Spa
  • Sauna
  • Wooded Lot
  • Madison Middle School Rated A-
  • Open Floorplan
  • Cathedral Ceiling

About This Home

As of September 2022

** MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST REQUESTED BY 5 PM, SUNDAY, JULY 24TH** This idyllic vacation cabin boasts mountain views that will take your breath away every season of the year!
The cabin provides ample room for you and your guests to enjoy all the spaces it offers. Have fun with family and friends in the game room playing billiards or watching movies on the 70" tv. A traditional wood sauna and a 4-person spa off of the game room are perfect for relaxing. Cozy up with a book in the loft on a rainy day, or play a game in the living room. The cabin comes furnished and is ideal for a personal vacation home or renting through VRBO and Airbnb as a short-term vacation rental. The cabin is only 35-40 minutes to downtown Asheville, and even closer to the charming towns of Mars Hill, Weaverville, and Burnsville. You are also minutes from the Wolf Ridge Ski Resort for winter skiing or snowboarding. Come see why this cabin is the right choice for you.

Last Agent to Sell the Property

Rachel Acker

Nest Realty Asheville License #215233 Listed on: 07/20/2022

Nest Realty Asheville

Last Buyer's Agent

Mike Szabo

EXP Realty LLC License #327339

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R2

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Living Room with Fireplace
  • Recreation Room with Fireplace
  • Sauna
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Shared Well
  • Septic Tank
  • Shared Septic

Community Details

  • Community Association Management Association, Phone Number (704) 565-5009
  • Scenic Wolf Resort Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9861-19-0196
  • Tax Block Phase 4

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2007
  • Ratio Current Price By Acre: 2882352.94
  • Restrictions: Short Term Rental Allowed,Subdivision
  • Doors and Windows: Storm Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Three Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 224.05
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Block
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built Ins, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 881
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 541
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Back,Balcony,Covered,Front
  • Fixture Exception Description: front door and owner closet door keypad locks
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Accessibility Features: Entry Slope less than 1 foot
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 765
  • Fireplace Features: Gas Log, Living Room, Propane, Recreation Room
  • Living Area: 2187
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Hot Tub, Sauna
  • New Construction: No
  • Roof: Wood
  • Construction Status: Complete
  • Tax Location: Mars Hill
  • Construction Type: Site Built
  • Construction Type: Log, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed, Shared Septic
  • Water Heater: g-On-Demand Water Heater,Propane
  • Laundry Features: Lower Level, Laundry Room
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Community Association Management
  • Phone: 704-565-5009
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required
  • HOA Email: csr@communityassociationmanagement.com
  • CAR_YearlyHOAExpense: 3000.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Sloped, Wooded, Views, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 9861-19-0196
  • Plat Book Slide: 5/318
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: Phase 4
  • RATIO List Price By Tax Amount: 1.93396

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Htc4 Llc
Bought by
Gregory R Eriksen Revocable Trust and Eriksen
Current Estimated Value
$676,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$462,739
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$214,224

Purchase Details

Listed on
Jul 20, 2022
Closed on
Sep 7, 2022
Sold by
Gimenez Christopher A and Gimenez Lori L
Bought by
Htc4 Llc
Seller's Agent
Rachel Acker
Nest Realty Asheville
Buyer's Agent
Mike Szabo
EXP Realty LLC
List Price
$470,000
Sold Price
$490,000
Premium/Discount to List
$20,000
4.26%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$367,500
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2019
Sold by
Jackson Deanna S and White Roger L
Bought by
Gimenez Christopher A and Gimenez Lori L
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
Gregory R Eriksen Revocable Trust $639,000 None Listed On Document
Gregory R Eriksen Revocable Trust $639,000 None Listed On Document
Htc4 Llc $490,000 --
Gimenez Christopher A $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory R Eriksen Revocable Trust $468,000
Closed Gregory R Eriksen Revocable Trust $468,000
Previous Owner Htc4 Llc $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2022 09/08/22 Sold $490,000 +4.3% $224 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $470,000 -- $215 / 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 $2,064 $418,650 $48,400 $370,250
2023 $1,689 $255,821 $40,000 $215,821
2022 $1,689 $255,821 $40,000 $215,821
2021 $1,689 $255,821 $40,000 $215,821
2020 $1,689 $255,821 $40,000 $215,821
2019 $1,715 $243,025 $59,400 $183,625
2018 $1,482 $0 $0 $0
2017 $1,482 $0 $0 $0
2016 $1,482 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $243,025 $59,400 $183,625
2013 -- $243,025 $59,400 $183,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3884214

Canopy MLS (Canopy Realtor® Association)

APN: 9861-19-0196