NOT LISTED FOR SALE

480 Bailey St Unit 1 Mars Hill, NC 28754

Estimated Value: $342,000 - $401,000

3 Beds
2 Baths
1,264 Sq Ft
$296/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $168,500 $133 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,106/month

43 Days on Market

Highlights

  • Newly Remodeled
  • Cottage
  • Vinyl Flooring
  • Madison Middle School Rated A-

About This Home

As of August 2016

New Construction home offered by Mountain Housing Opportunities for qualified buyers. Three bedrooms and two full baths located right in Mars Hill, not far from downtown, the schools and the University. Located in a nice neighborhood. With MHO assistance, buyers are often able to afford more home than they could through conventional loans. This home is worth checking out!

Last Agent to Sell the Property

Oneal Shelton

Wolf Mountain Realty, Inc. License #239528 Listed on: 05/07/2016

Last Buyer's Agent

Glenn Gottfried

Cool Mountain Realty License #275870

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.38

Home Design

  • Cottage
  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space

Community Details

  • Built by MHO

Listing and Financial Details

  • Assessor Parcel Number 9747760221
  • Tax Block 205

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 438802.08
  • Ratio Current Price By Sq Ft: 133.31
  • Year Built: 2016
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Flooring: Vinyl, Carpet
  • Laundry Location: Main, Closet
  • Room Count: 1
  • Main Level Sq Ft: 1264
  • Total Sq Ft: 1264

Exterior Features

  • Construction: Vinyl
  • Construction Type: Off Frame Modular
  • New Construction: Yes
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 0.384
  • Parcel Number: 9747760221
  • Plat Book Slide: 8
  • Plat Reference Section Pages: 606
  • Zoning: Residential
  • Zoning Specification: Resident

Building Info

  • Builder Name: MHO

Tax Info

  • Tax Value: 999999.00
  • Tax Amount Ncm: 999999.00
  • Tax Block: 205
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2016
Closed on
Aug 1, 2016
Sold by
Mountain Housing Opportunities Inc
Bought by
Burrell Patsy Trent
Seller's Agent
Oneal Shelton
Wolf Mountain Realty, Inc.
Buyer's Agent
Glenn Gottfried
Cool Mountain Realty
List Price
$168,500
Sold Price
$168,500
Current Estimated Value
$374,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,573
Avg. Annual Appreciation
9.07%
Original Mortgage
$153,000
Outstanding Balance
$121,800
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$252,273
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
Burrell Patsy Trent $168,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burrell Patsy Trent $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2016 08/03/16 Sold $168,500 0.0% $133 / Sq Ft
06/19/2016 06/19/16 Pending -- -- --
05/07/2016 05/07/16 For Sale $168,500 -- $133 / 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 $1,383 $334,089 $22,617 $311,472
2023 $1,316 $227,274 $25,701 $201,573
2022 $1,316 $227,274 $25,701 $201,573
2021 $1,316 $227,274 $25,701 $201,573
2020 $1,316 $227,274 $25,701 $201,573
2019 $873 $129,588 $19,192 $110,396
2018 $85 $0 $0 $0
2017 $85 $0 $0 $0
2016 $85 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3175754

Canopy MLS (Canopy Realtor® Association)

APN: 9747-76-0221