NOT LISTED FOR SALE

390 Village Ln Mars Hill, NC 28754

Estimated Value: $280,534 - $372,000

2 Beds
2 Baths
1,130 Sq Ft
$292/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $80,000 $71 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $1,831/month

60 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wood Flooring
  • Madison Middle School Rated A-
  • Cathedral Ceiling
  • Cabin

About This Home

As of January 2012

Charming, private log cabin located in Wolf Laurel. Near golf, skiing, walking trails, and pool. Covered front porch, vaulted ceiling, and stone fireplace. Fannie Mae HomePath property. Purchase for as little as 3% down. This property is approved for HomePath Mortgage or HomePath Renovation Financing! Check HomePath.com Special Offer

Last Agent to Sell the Property

Randall Blankenship

Corcoran HM Properties License #274461 Listed on: 10/20/2011

Corcoran HM Properties

Last Buyer's Agent

Connie Carver

Wolf Mountain Realty, Inc. License #178652

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $980

Year Built

  • Built in 1975

Lot Details

  • 0.36

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 9862-00-2770

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$980

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.84299
  • Ratio Close Price By Original Li: 0.80080
  • Ratio Current Price By Acre: 222222.22
  • Ratio Current Price By Sq Ft: 70.80
  • Year Built: 1975
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cathedral Ceiling(s)
  • Main Level Sq Ft: 1130
  • Total Sq Ft: 1130

Exterior Features

  • Construction: Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Electric Baseboard Heat, Electric Hot Air, No A/C
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 671.00

Schools

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

Lot Info

  • Lot Size Area: 0.360
  • Parcel Number: 9862-00-2770
  • Plat Reference Section Pages: 523
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2011
Closed on
Dec 30, 2011
Sold by
Federal National Mortgage Association
Bought by
Smith Barbara
Seller's Agent
Randall Blankenship
Corcoran HM Properties
Buyer's Agent
Connie Carver
Wolf Mountain Realty, Inc.
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
$329,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,884
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Rory O Dare Cindy and Dare Rory O
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Sep 1, 2006
Sold by
Walker Wallis L and Walker Carrol H
Bought by
Odare Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Barbara -- None Available
Federal National Mortgage Association -- --
Odare Cindy $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odare Cindy $177,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2012 01/09/12 Sold $80,000 -19.9% $71 / Sq Ft
12/19/2011 12/19/11 Pending -- -- --
10/20/2011 10/20/11 For Sale $99,900 -- $88 / 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 $980 $177,807 $48,400 $129,407
2023 $876 $117,921 $36,000 $81,921
2022 $876 $117,921 $36,000 $81,921
2021 $876 $117,921 $36,000 $81,921
2020 $876 $117,921 $36,000 $81,921
2019 $670 $79,699 $27,000 $52,699
2018 $486 $0 $0 $0
2017 $486 $0 $0 $0
2016 $486 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $79,699 $27,000 $52,699
2013 -- $79,699 $27,000 $52,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM508484

Canopy MLS (Canopy Realtor® Association)

APN: 9862-00-2770