NOT LISTED FOR SALE

374 Red Wolf Run Mars Hill, NC 28754

Estimated Value: $1,537,786 - $1,610,000

4 Beds
3.5 Baths
5,295 Sq Ft
$297/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $1,030,000 $195 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,947/month

336 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Private Lot
  • Madison Middle School Rated A-
  • Hilly Lot
  • Wooded Lot

About This Home

As of September 2020

This rustic work of art impeccably designed for your mountain getaway is now ready for new ownership. Chestnut Cove, named for its use of natural elements and impressive woods throughout, stands out amongst its competition. Thistlewood timber and Douglass Fir posts, beams, and trusses provide a timeless and enduring legacy for years to come. Maple doors throughout, European windows, concrete tile roof, stone siding, and hardscapes. Nestled in the Blue Ridge Mountains of North Carolina in a gated community and perfectly situated between Asheville and Johnson City. Multiple kitchens and fireplaces. 10 minutes to downtown Mars Hill, 20 minutes to downtown Weaverville. Vaulted ceilings, master suite with gas fireplace and private deck and waterfall. Relish long-range mountain views and relax in the hot tub. There's an abundance of private outdoor and indoor space. Successful history of vacation rental income. Furnishings are negotiable. Time-share option available. See pics/attachments.

Last Agent to Sell the Property

Alexandra Schrank

RE/MAX Executive License #284025 Listed on: 08/15/2019

RE/MAX Executive

Last Buyer's Agent

Toni Anderson

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #266028

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Home fronts a stream
  • Private Lot
  • Hilly Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Pasture
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9788-27-0272

Community Details

Overview

  • Csr@Communityassociationmanagement.Com Association, Phone Number (888) 565-1226

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.94495
  • Ratio Close Price By Original Li: 0.94495
  • Ratio Current Price By Acre: 58722.92
  • Ratio Current Price By Sq Ft: 194.52
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Double Oven, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Washer, g-Energy Star® Clothes Washer, Freezer, Electric Oven
  • Fireplace Description: Great Room, Primary Bedroom
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 8885651226
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 2163
  • Main Level Sq Ft: 3132
  • Total Sq Ft: 5295
  • Sq Ft Unheated Basement: 649
  • Sq Ft Unheated Total: 649

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 900.00
  • Association Fee Frequency: Annually
  • HOA Management Company: csr@communityassociationmanagement.com
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Hilly, Long Range View, Mountain View, Natural Waterfall, Pasture, Private, Rolling, Steep, Stream/Creek, Trees, Views, Winter View, Wooded
  • Lot Size Area: 17.540
  • Parcel Number: 9788-27-0272
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 527982.00
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Abed Charles I and Abed Susan W
Bought by
Charles And Susan Abed Living Trust and Abed
Current Estimated Value
$1,573,893

Purchase Details

Listed on
Aug 15, 2019
Closed on
Aug 31, 2020
Sold by
Viareggio Properties Llc
Bought by
Abed Charles I and Abed Susan W
Seller's Agent
Alexandra Schrank
RE/MAX Executive
Buyer's Agent
Toni Anderson
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$1,090,000
Sold Price
$1,030,000
Premium/Discount to List
-$60,000
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$575,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 12, 2012
Sold by
Decker Robert C and Decker Tina E
Bought by
Viareggio Properties Llc

Purchase Details

Closed on
Dec 13, 2011
Sold by
Patomson C Michele Decker
Bought by
Decker Robert and Decker Justina

Purchase Details

Closed on
Dec 15, 2010
Sold by
Patomson C Michele Decker
Bought by
Decker Robert and Decker Justina

Purchase Details

Closed on
Dec 4, 2009
Sold by
Decker Robert and Decker Tina
Bought by
Decker Patomson C Michele and The Decker Family Irrevocable Trust

Purchase Details

Closed on
Jul 2, 2009
Sold by
Decker Robert C and Decker Tina E
Bought by
Decker Robert and Decker Tina
Source: Public Records

Range of Values:

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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
Charles And Susan Abed Living Trust -- None Listed On Document
Abed Charles I $1,030,000 None Available
Viareggio Properties Llc -- None Available
Decker Robert -- --
Decker Robert -- --
Decker Patomson C Michele -- --
Decker Robert -- --
Decker Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abed Charles I $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $1,030,000 -5.5% $195 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $1,090,000 0.0% $206 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
08/15/2019 08/15/19 For Sale $1,090,000 -- $206 / 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 $5,935 $1,278,876 $69,415 $1,209,461
2023 $4,677 $762,247 $45,678 $716,569
2022 $4,677 $762,247 $45,678 $716,569
2021 $4,677 $762,247 $45,678 $716,569
2020 $4,677 $762,247 $45,678 $716,569
2019 $3,539 $527,982 $43,753 $484,229
2018 $3,221 $0 $0 $0
2017 $3,221 $0 $0 $0
2016 $3,221 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $527,982 $43,753 $484,229
2013 -- $527,982 $43,753 $484,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3539363

Canopy MLS (Canopy Realtor® Association)

APN: 9788-27-0272