NOT LISTED FOR SALE

491 Traditions Way Mars Hill, NC 28754

Estimated Value: $746,892 - $802,000

3 Beds
3 Baths
2,406 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $399,000 $166 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,420/month

35 Days on Market

Highlights

  • Open Floorplan
  • A-Frame Home
  • Private Lot
  • Madison Middle School Rated A-
  • Clubhouse
  • Pond

About This Home

As of June 2018

Green Living Certified immaculate light drenched home @ 2600’ elevation in beautiful Beech Glenn community of Mars Hill. Sun drenched main level has open floor plan, master, laundry & office. Relax on the expansive south facing deck overlooking the fishing pond & restored 1800’s cabin, now clubhouse. The bonus room above detached garage is private space for work, art studio or kids' sleepovers. Mountain Traditions has high speed cable internet
and offers a great mix of privacy & neighborhood feel. Exterior home, garage & decks painted in 2018. Continuous paved access, 25 min to Asheville. Rentals permitted with 6+ month lease term.

Last Agent to Sell the Property

Shelle Ball

Howard Hanna Beverly-Hanks Asheville-North License #230347 Listed on: 04/03/2018

Howard Hanna Beverly-Hanks Asheville-North

Last Buyer's Agent

Joanna Beck

Howard Hanna Beverly-Hanks Asheville-North License #229796

Howard Hanna Beverly-Hanks Asheville-North

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2

Home Design

  • A-Frame Home
  • Arts and Crafts Architecture
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Pond

Utilities

  • Heating System Uses Propane
  • Well
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9778-12-1726

Community Details

Overview

  • Ipm Association, Phone Number (828) 650-5875

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: A-Frame, Arts and Crafts
  • Ratio Close Price By List Price: 0.97555
  • Ratio Close Price By Original Li: 0.97555
  • Ratio Current Price By Acre: 140000.00
  • Ratio Current Price By Sq Ft: 165.84
  • Year Built: 2012
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 782
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Vented, Great Room
  • Fireplace: Yes
  • H O A Management Phone: 828-650-5875
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Second Living Quarters: Separate Entrance, Upper Level Garage
  • Second Living Quarters Hla: 330
  • Main Level Sq Ft: 1624
  • Total Sq Ft: 2406
  • Sq Ft Unheated Main: 454
  • Sq Ft Unheated Total: 454

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Electric Hot Air, Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Pond, Recreation Area, Walking Trails
  • Association Fee: 800.00
  • Association Fee Frequency: Annually
  • HOA Management Company: IPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Mountain View, Open Lot, Paved Frontage, Private, Sloping, Steep, Trees, Water view, Winter View, Wooded, Year Round View
  • Lot Size Area: 2.850
  • Parcel Number: 9778-12-1726
  • Plat Reference Section Pages: 542
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 231808.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2019
Sold by
Barnes Charlotte
Bought by
Charlotte A Barnes Living Trust
Current Estimated Value
$769,473

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 20, 2018
Sold by
Michael Larsen Stephen Lee and Illing Larsen Caroline Michelle
Bought by
Heavenridge Connie and Barnes Charlotte
Seller's Agent
Shelle Ball
Howard Hanna Beverly-Hanks Asheville-North
Buyer's Agent
Joanna Beck
Howard Hanna Beverly-Hanks Asheville-North
List Price
$409,000
Sold Price
$399,000
Premium/Discount to List
-$10,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$284,000
Outstanding Balance
$245,612
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$523,861

Purchase Details

Listed on
Mar 23, 2012
Closed on
Dec 17, 2013
Sold by
Ammons Mountain Properties Inc
Bought by
Larsen Stephen Lee Michael and Larsen Caroline Michelle Illig
Buyer's Agent
Shelle Ball
Howard Hanna Beverly-Hanks Asheville-North
List Price
$475,000
Sold Price
$350,000
Premium/Discount to List
-$125,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$280,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Charlotte A Barnes Living Trust -- None Available
Connie J Heavenridge Living Trust -- None Available
Heavenridge Connie $399,000 None Available
Larsen Stephen Lee Michael $350,000 None Available
Ammons Mountain Properties Inc $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heavenridge Connie $284,000
Previous Owner Ammons Mountain Properties Inc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2018 06/20/18 Sold $399,000 -2.4% $166 / Sq Ft
05/08/2018 05/08/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $409,000 +16.9% $170 / Sq Ft
12/20/2013 12/20/13 Sold $350,000 -26.3% $145 / Sq Ft View Prior Sale
11/18/2013 11/18/13 Pending -- -- --
03/23/2012 03/23/12 For Sale $475,000 -- $197 / 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 $3,092 $647,011 $131,639 $515,372
2023 $2,731 $432,455 $119,672 $312,783
2022 $2,731 $427,659 $119,672 $307,987
2021 $2,703 $427,659 $119,672 $307,987
2020 $2,703 $427,659 $119,672 $307,987
2019 $2,409 $351,479 $119,671 $231,808
2018 $2,144 $0 $0 $0
2017 $2,144 $0 $0 $0
2016 $2,144 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $351,479 $119,671 $231,808
2013 -- $126,171 $119,671 $6,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3376381

Canopy MLS (Canopy Realtor® Association)

APN: 9778-12-1726