NOT LISTED FOR SALE

498 Upper Bailey Branch Rd Mars Hill, NC 28754

Estimated Value: $406,954 - $479,000

3 Beds
2 Baths
1,303 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $240,000 $184 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,576/month

277 Days on Market

About This Home

As of May 2020

Set on over 2 acres, this 3 bedroom 2 bath home affords you the quiet and privacy of the country, yet close to I-26 and amenities. At just one level. this home makes for easy living! Enjoy the open floor plan, convenient laundry room (washer/dryer included), garage and plenty of parking. Sunny outdoor space makes for great gardening or just relaxing outdoors.

Last Agent to Sell the Property

Bill Pelleya

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #271550 Listed on: 08/02/2019

Last Buyer's Agent

Trip Howell

Mosaic Community Lifestyle Realty License #284262

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2.42

Parking

  • 1

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • Oven
  • Laminate Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9768-35-5065

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96038
  • Ratio Close Price By Original Li: 0.85868
  • Ratio Current Price By Acre: 99173.55
  • Ratio Current Price By Sq Ft: 184.19
  • Year Built: 2007
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Flooring: Laminate Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1303
  • Total Sq Ft: 1303

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 1 Car, Parking Space - 2

Utilities

  • Heating: Central Air, Heat Pump - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Size Area: 2.420
  • Parcel Number: 9768-35-5065
  • Zoning Specification: RES

Tax Info

  • Tax Value: 157351.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 28, 2020
Sold by
Orench Jose
Bought by
Stankus John B and Stankus Audrie
Seller's Agent
Bill Pelleya
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Trip Howell
Mosaic Community Lifestyle Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$451,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,989
Avg. Annual Appreciation
12.39%
Original Mortgage
$140,000
Outstanding Balance
$124,749
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$327,240

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 25, 2020
Sold by
Orench Nancy and Vergara Nancy Ann
Bought by
Orench Jose
Seller's Agent
Bill Pelleya
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Trip Howell
Mosaic Community Lifestyle Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$124,749
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$327,240

Purchase Details

Closed on
Nov 1, 2017
Sold by
Orench Nancy and Vergara Nancy Ann
Bought by
Orench Jose

Purchase Details

Closed on
Aug 18, 2014
Sold by
Vergara Ismael and Vergara Odette
Bought by
Orench Jose and Orench Nancy
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
Stankus John B $240,000 None Available
Orench Jose -- None Available
Orench Jose -- None Available
Orench Jose -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stankus John B $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2020 05/05/20 Sold $240,000 -4.0% $184 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $249,900 0.0% $192 / Sq Ft
03/09/2020 03/09/20 For Sale $249,900 +4.1% $192 / Sq Ft
02/29/2020 02/29/20 Off Market $240,000 -- --
02/16/2020 02/16/20 Pending -- -- --
12/03/2019 12/03/19 Price Changed $249,900 -3.7% $192 / Sq Ft
09/13/2019 09/13/19 Price Changed $259,500 -1.9% $199 / Sq Ft
09/03/2019 09/03/19 Price Changed $264,500 -1.9% $203 / Sq Ft
08/13/2019 08/13/19 Price Changed $269,500 -3.6% $207 / Sq Ft
08/02/2019 08/02/19 For Sale $279,500 -- $215 / 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 $2,040 $363,918 $48,886 $315,032
2023 $1,502 $224,008 $39,909 $184,099
2022 $1,502 $224,008 $39,909 $184,099
2021 $1,502 $224,008 $39,909 $184,099
2020 $1,502 $224,008 $39,909 $184,099
2019 $1,167 $157,351 $38,137 $119,214
2018 $960 $0 $0 $0
2017 $960 $0 $0 $0
2016 $960 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $157,351 $38,137 $119,214
2013 -- $157,351 $38,137 $119,214
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3536090

Canopy MLS (Canopy Realtor® Association)

APN: 9768-35-5065