NOT LISTED FOR SALE

384 Forest Ridge Dr Mars Hill, NC 28754

Estimated Value: $582,000 - $702,352

4 Beds
3 Baths
2,257 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $615,000 $272 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,685/month

61 Days on Market

Highlights

  • Open Floorplan
  • Mountain View
  • Contemporary Architecture
  • Madison Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of March 2024

You'll fall in love with the serenity, comfort and beauty of this home in the coveted "Forest Ridge Estates" community. Offering breathtaking long range views, plus meadows and forest to explore on the natural walking paths. Open floor-plan on the upper level with living room, dining room and kitchen nestled next to the eat-in area with picture window. The screened in patio is perfect for quiet mornings enjoying the scenery. Three bedrooms, laundry and two bathrooms all with new flooring. The master offers a newly updated luxury bathroom and walk-in closet. Walk through french doors to the patio which spans the entire rear of the home. Downstairs is a finished one bedroom suite with it's own entrance, bathroom & walk-in closet and a partially finished home theatre/gym or whatever you desire. A garage large enough for two full sized vehicles and plenty of projects. Generac Generator. Only minutes to downtown Mars Hill, 20 minutes to Asheville & 25 minutes to Hatley Pointe Ski Resort.

Last Agent to Sell the Property

Kenna Faber

Kenna Faber Real Estate Brokerage Email: kennasellswnc@gmail.com License #250396 Listed on: 12/21/2023

Last Buyer's Agent

Lucas Taylor

Keller Williams Professionals License #323723

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1992

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-A

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway
  • 34 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Entrance Foyer
  • Screened Porch
  • Mountain Views

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • ENERGY STAR Qualified Refrigerator
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island

Flooring

  • Linoleum
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Floor Furnace
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Tankless Water Heater
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Dan Lunsford Association, Phone Number (828) 206-1141
  • Forest Ridge Estates Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9746-86-4198

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 1992

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1992
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Other - See Remarks
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 272.49
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: kennasellswnc@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Slab
  • Fireplace: No
  • Flooring: Carpet, Concrete, Laminate, Linoleum, Tile
  • Interior Amenities: Attic Other, Entrance Foyer, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1883
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 354
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 354
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 1883
  • Has Basement: Basement Garage Door, Exterior Entry, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Other
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 374
  • Door Features: Insulated Door(s), Sliding Doors
  • Living Area: 2257
  • Window Features: Insulated Window(s), Skylight(s)
  • Bedroom Main: 3
  • Room Count: 10
  • Bedroom Basement: 1
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding, Wood
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 34
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Floor Furnace, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: In Hall, Laundry Room, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Gas
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Dan Lunsford
  • Phone: 828-206-1141
  • ResoAssociationFeeFrequency: Annually
  • Association Email: dlunsford@mhu.ede

Association/Amenities

  • Association Annual Expense: 450.00

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Wooded, Views
  • Lot Size Area: 3.03
  • Lot Size Units: Acres
  • Parcel Number: 9746-86-4198
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Mar 12, 2024
Sold by
Spalding Terry D and Spalding Cara
Bought by
Skillington Ann Elliott
Seller's Agent
Kenna Faber
Kenna Faber Real Estate
Buyer's Agent
Lucas Taylor
Keller Williams Professionals
List Price
$669,000
Sold Price
$615,000
Premium/Discount to List
-$54,000
-8.07%
Views
117
Current Estimated Value
$644,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,338
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Sep 10, 2019
Closed on
Dec 5, 2019
Sold by
Hatch Edwin E and Hatch Betty C
Bought by
Hensley Jonathan Paul and Hensley Shannon Rebecca
Seller's Agent
Callie Heikes
Asheville Realty Group
Buyer's Agent
Jacob Wike
Nexus Realty LLC
List Price
$350,000
Sold Price
$316,500
Premium/Discount to List
-$33,500
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%
Original Mortgage
$310,766
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2016
Sold by
Hatch Edwin E and Hatch Betty C
Bought by
Hatch Edwin E and Hatch Betty C

Purchase Details

Closed on
Jul 26, 2007
Sold by
Townson Eric W and Townson Etta R
Bought by
Hatch Edwin E and Hatch Betty C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Skillington Ann Elliott $615,000 None Listed On Document
Hensley Jonathan Paul $316,500 None Available
Hatch Edwin E -- Attorney
Hatch Edwin E $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hensley Jonathan Paul $309,685
Previous Owner Hensley Jonathan Paul $310,766
Previous Owner Hatch Edwin E $248,000
Previous Owner Hatch Edwin E $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $615,000 -6.1% $272 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/10/2024 02/10/24 Price Changed $655,000 -2.1% $290 / Sq Ft
12/21/2023 12/21/23 For Sale $669,000 +13.6% $296 / Sq Ft
07/15/2022 07/15/22 Sold $589,000 0.0% $229 / Sq Ft
06/11/2022 06/11/22 For Sale $589,000 +86.1% $229 / Sq Ft
12/16/2019 12/16/19 Sold $316,500 -4.1% $123 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
11/06/2019 11/06/19 Price Changed $329,900 -17.5% $128 / Sq Ft
10/15/2019 10/15/19 Price Changed $399,900 +14.3% $155 / Sq Ft
09/23/2019 09/23/19 For Sale $350,000 0.0% $136 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $350,000 -- $136 / 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 $2,571 $561,452 $90,251 $471,201
2023 $2,052 $317,203 $53,315 $263,888
2022 $2,052 $317,203 $53,315 $263,888
2021 $2,052 $317,203 $53,315 $263,888
2020 $2,052 $317,203 $53,315 $263,888
2019 $1,582 $222,193 $48,468 $173,725
2018 $1,355 $0 $0 $0
2017 $1,355 $0 $0 $0
2016 $1,355 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $222,193 $48,468 $173,725
2013 -- $222,193 $48,468 $173,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4095629

Canopy MLS (Canopy Realtor® Association)

APN: 9746-86-4198