NOT LISTED FOR SALE

40 Mullin Hill Rd Spruce Pine, NC 28777

Estimated Value: $215,000 - $242,000

3 Beds
1.5 Baths
1,070 Sq Ft
$215/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $226,900 $212 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,255/month

350 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Cottage

About This Home

As of January 2025

New Survey! This great starter home sits on a 0.496 acre lot. The backside of the property has a nice flowing creek. Home features include hardwood floors, gas heat, metal roof, unfinished basement, and gentle sloped yard. Well & septic are shared with Blue commercial building and it can be purchased as well for a group price.

Last Agent to Sell the Property

Casey Ledford

Proper Realty, LLC Listed on: 02/15/2024

Last Buyer's Agent

NONMLS MEMBER

NONMLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $673

Year Built

  • Built in 1942

Lot Details

  • 0.5 Acre Lot

Home Design

  • Cottage
  • Wood Frame Construction
  • Metal Roof
  • Hardboard

Interior Spaces

  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Laundry in Basement

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Schools

  • Riverside Elementary School
  • Avery County High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Shared Well
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1811-00-17-8150-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$673

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.496
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 1070.0
  • Architectural Style: Cottage
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1942
  • Property Sub Type Additional: Single Family Residence
  • General Property Information Below Grade Unfinished Area: 850.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Has Basement: Exterior Entry, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1070.0
  • Stories: 1

Exterior Features

  • Home Warranty: No
  • Construction Type: Hardboard, Wood Frame
  • Exterior Features: Other, See Remarks, Gravel Driveway
  • Foundation Details: Basement
  • Roof: Metal

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: In Basement
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Shared Septic
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Riverside
  • High School: Avery County

Lot Info

  • Parcel #: 1811-00-17-8150-00000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 672.8
  • Tax Book Number: 570/1169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jan 29, 2025
Sold by
Millsaps Matthew Brett and Millsaps Stevie Alexandr
Bought by
Downey Rebecca and Stinson Joshua
Seller's Agent
Casey Ledford
Proper Realty, LLC
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$365,000
Sold Price
$226,900
Premium/Discount to List
-$138,100
-37.84%
Views
243
Current Estimated Value
$230,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,639
Avg. Annual Appreciation
1.60%
Original Mortgage
$6,602
Outstanding Balance
$6,543
Interest Rate
7.2%
Estimated Equity
$223,996

Purchase Details

Closed on
Dec 13, 2021
Sold by
Condrey James and Condrey Melissa
Bought by
Millsaps Matthew Brett and Millsaps Stevie Alexandre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2020
Sold by
Montogomery Christian and Montogomery Meredith
Bought by
Montogomery Christian and Montogomery Meredith

Purchase Details

Closed on
Mar 21, 2016
Sold by
Hicks Olena Dellinger and Silver Ralph Richard
Bought by
Montgomery Meredith and Montgomery Christian

Purchase Details

Closed on
Dec 4, 2015
Sold by
Hicks Olena Dellinger and Silver Ralph Richard
Bought by
Hicks Olena Dellinger and Silver Ralph Richard

Purchase Details

Closed on
Oct 5, 2006
Sold by
Condrey James D and Condrey Melissa D
Bought by
Hicks Olena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.45%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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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Purchase History

Date Buyer Sale Price Title Company
Downey Rebecca $227,000 None Listed On Document
Downey Rebecca $227,000 None Listed On Document
Millsaps Matthew Brett $170,000 None Available
Montogomery Christian -- None Available
Montgomery Meredith -- Attorney
Hicks Olena Dellinger -- None Available
Hicks Olena $109,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Rebecca $6,602
Closed Downey Rebecca $6,602
Open Downey Rebecca $220,093
Closed Downey Rebecca $220,093
Previous Owner Millsaps Matthew Brett $170,000
Previous Owner Hicks Olena $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $226,900 +3.2% $212 / Sq Ft
06/03/2024 06/03/24 Price Changed $219,900 -2.3% $206 / Sq Ft
03/22/2024 03/22/24 Price Changed $225,000 -38.4% $210 / Sq Ft
02/15/2024 02/15/24 For Sale $365,000 -- $341 / Sq Ft
Source: High Country Association of REALTORS®

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
2025 $673 $97,700 $14,900 $82,800
2024 $673 $97,700 $14,900 $82,800
2023 $673 $168,200 $19,800 $148,400
2022 $673 $168,200 $19,800 $148,400
2021 $684 $124,300 $16,700 $107,600
2020 $684 $124,300 $16,700 $107,600
2019 $684 $124,300 $16,700 $107,600
2018 $684 $124,300 $16,700 $107,600
2017 $650 $118,100 $0 $0
2016 $528 $118,100 $0 $0
2015 $528 $118,100 $16,900 $101,200
2012 -- $144,400 $19,800 $124,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 247938

High Country Association of REALTORS®

APN: 1811-00-17-8150-00000