NOT LISTED FOR SALE

40 W Ridge Rd Mars Hill, NC 28754

Estimated Value: $406,000 - $571,857

4 Beds
3 Baths
2,943 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $482,250 $164 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,761/month

105 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Madison Middle School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of March 2023

Seller offering a $700 home warranty credit!

This beautiful, spacious, well cared for traditional two level brick ranch sits on a quiet ½ acre corner lot in the well established Woodhaven community. Enjoy bird watching from the back deck with a fully fenced in yard. There is space to spread out inside, with three bedrooms on the main level, and full second living quarters in the basement, equipped with a bedroom, full bath, kitchen, laundry access, and open space to be used in so many different ways. Separate basement access lends itself well to a mother-in-law suite or rental. The possibilities are endless! The fireplace sits under exposed beams to create a warm, rustic, cozy space. The immaculate two car garage is great for extra storage. Located just minutes from downtown Mars Hill and a short drive to Weaverville and Asheville, this home keeps you close to amenities while allowing you to enjoy the peace and quiet this lovely neighborhood has to offer.

Last Agent to Sell the Property

Carly Esslinger

Town and Mountain Realty License #317264 Listed on: 11/04/2022

Last Buyer's Agent

Luiz Leonetti

Town and Mountain Realty License #277781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1972

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Finished Basement
  • Interior and Exterior Basement Entry
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Woodhaven Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9746-88-3758

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1972
  • Restrictions: Subdivision
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 163.86
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Laminate, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1676
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 333
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 333
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Fan, Oven, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 1676
  • Accessibility Features: Two or More Access Exits
  • Has Basement: Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1267
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Gas Log, Gas Unvented
  • Living Area: 2943
  • Bedroom Main: 3
  • Room Count: 17
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 624
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, On Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Gas, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level, Paved, Private, Sloped, Wooded, Wooded
  • Lot Size Area: 0.5
  • Lot Size Units: Acres
  • Parcel Number: 9746-88-3758
  • Zoning: RES
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 29, 2021
Sold by
Holthaus-Luginbuhl Rebecca and Holthaus-Luginbuhl Terrance J
Bought by
Luginbuhl Terrance J
Seller's Agent
Alan Cuthbertson
Century 21 Foley Realty
Buyer's Agent
Carly Esslinger
Town and Mountain Realty
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$494,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,214
Avg. Annual Appreciation
4.90%
Original Mortgage
$197,500
Outstanding Balance
$176,550
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$317,664

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 26, 2021
Sold by
Brown Beverly Grady
Bought by
Luginbuhl Terrance J and Luginbuhl Terrace J
Seller's Agent
Alan Cuthbertson
Century 21 Foley Realty
Buyer's Agent
Carly Esslinger
Town and Mountain Realty
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Outstanding Balance
$176,550
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$317,664
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
Luginbuhl Terrance J -- None Available
Luginbuhl Terrance J $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luginbuhl Terrance J $197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2023 03/27/23 Sold $482,250 -1.4% $164 / Sq Ft
01/21/2023 01/21/23 Price Changed $489,000 -2.0% $166 / Sq Ft
12/20/2022 12/20/22 Price Changed $499,000 -2.0% $170 / Sq Ft
11/21/2022 11/21/22 Price Changed $509,000 -3.8% $173 / Sq Ft
11/14/2022 11/14/22 Price Changed $529,000 -2.9% $180 / Sq Ft
11/09/2022 11/09/22 Price Changed $545,000 -2.5% $185 / Sq Ft
11/04/2022 11/04/22 For Sale $559,000 +41.5% $190 / Sq Ft
02/02/2021 02/02/21 Sold $395,000 0.0% $137 / Sq Ft View Prior Sale
12/01/2020 12/01/20 Pending -- -- --
11/11/2020 11/11/20 Price Changed $395,000 -1.3% $137 / Sq Ft
08/24/2020 08/24/20 For Sale $400,000 -- $139 / 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 $1,562 $383,821 $26,854 $356,967
2023 $1,079 $179,897 $24,413 $155,484
2022 $1,079 $179,897 $24,413 $155,484
2021 $1,079 $179,897 $24,413 $155,484
2020 $1,079 $179,897 $24,413 $155,484
2019 $922 $138,481 $13,175 $125,306
2018 $720 $0 $0 $0
2017 $1,371 $0 $0 $0
2016 $1,371 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $121,983 $13,175 $108,808
2013 -- $121,983 $13,175 $108,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3919111

Canopy MLS (Canopy Realtor® Association)

APN: 9746-88-3758