NOT LISTED FOR SALE

425 Park Dr Mars Hill, NC 28754

Estimated Value: $288,000 - $411,000

3 Beds
1 Bath
1,392 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $120,000 $86 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,951/month

414 Days on Market

Highlights

  • Cottage
  • Fenced
  • 5-minute walk to Mars Hill Recreation Park
  • Madison Middle School Rated A-
  • Carpet

About This Home

As of September 2015

CONVENIENT 3/2 NEAR MARS HILL COLLEGE. GREAT INVESTMENT PROERTY OR PERSONAL HOME. CURRENTLY HAVE SHORT TERM TENANTS WHO WILL STAY. $950 PER MONTH RENT. 2 BEDROOM'S DO NOT HAVE CLOSETS. 3 BEDROOM SEPTIC. SOLD AS IS.

Last Agent to Sell the Property

Norval Hensley

RE/MAX Results License #182086 Listed on: 07/08/2014

RE/MAX Results

Last Buyer's Agent

Cheryl Reavis

Nexus Realty LLC License #270072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1960

Lot Details

  • Fenced

Parking

  • 1

Home Design

  • Cottage
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 9747631133

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.92308
  • Ratio Close Price By Original Li: 0.86331
  • Ratio Current Price By Acre: 272727.27
  • Ratio Current Price By Sq Ft: 86.21
  • Year Built: 1960
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fixture Exception Description: -KITCHEN ISLAND.
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Split BR Plan
  • Room Count: 4
  • Main Level Sq Ft: 1392
  • Total Sq Ft: 1392

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 1 Car

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Mountain View, Paved Frontage, Sloping
  • Lot Size Area: 0.440
  • Parcel Number: 9747631133
  • Plat Reference Section Pages: 277
  • Zoning Specification: RES

Tax Info

  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2014
Closed on
Sep 30, 2015
Sold by
Careccia Rebecca Sue and Careccia Charles
Bought by
Franklin Cassie S
Seller's Agent
Norval Hensley
RE/MAX Results
Buyer's Agent
Cheryl Reavis
Nexus Realty LLC
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%
Current Estimated Value
$353,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,735
Avg. Annual Appreciation
11.32%
Original Mortgage
$114,000
Outstanding Balance
$89,967
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$263,768
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
Franklin Cassie S $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Cassie S $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $120,000 -13.7% $86 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
07/08/2014 07/08/14 For Sale $139,000 -- $100 / 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 $1,151 $269,856 $16,426 $253,430
2023 $1,001 $164,207 $14,933 $149,274
2022 $1,001 $164,207 $14,933 $149,274
2021 $1,001 $164,207 $14,933 $149,274
2020 $1,001 $164,207 $14,933 $149,274
2019 $779 $112,615 $12,063 $100,552
2018 $586 $0 $0 $0
2017 $1,115 $0 $0 $0
2016 $1,115 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $112,614 $12,063 $100,551
2013 -- $112,614 $12,063 $100,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM566183

Canopy MLS (Canopy Realtor® Association)

APN: 9747-63-1133