NOT LISTED FOR SALE

498 Upper Bailey Branch Rd Mars Hill, NC 28754

Estimated Value: $377,197 - $564,000

3 Beds
2 Baths
1,303 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2020

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

Est. 89% increase in value since last sale

Current estimated payment $2,521 / mo

277 Days on Market

Highlights

  • Traditional Architecture
  • Madison Middle School Rated A-
  • 1-Story Property

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

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space
  • Oven

Utilities

  • 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

2.42 Acres

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

Lot Info

  • Parcel Number: 9768-35-5065
  • Zoning Specification: RES

Tax Info

  • Tax Value: 157351.00
  • Tax Location: Madison

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 28, 2020
Sold by
Bought by
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
$453,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,299
Avg. Annual Appreciation
10.86%
Original Mortgage
$140,000
Outstanding Balance
$122,629
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$330,670

Purchase Details

Listed on
Aug 2, 2019
Closed on
Apr 25, 2020
Sold by
Bought by
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
$122,629
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$330,670

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$240,000 None Available
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,041 $363,918 $48,886 $315,032
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

  • B

    Seller's Agent in 2020

    Bill Pelleya

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

  • Trip Howell

    Buyer's Agent in 2020

    Trip Howell

    Mosaic Community Lifestyle Realty

    (828) 450-4792

    80 Total Sales

    Trip Howell
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Map

Source: Canopy MLS

MLS Number: CAR3536090

Canopy MLS

APN: 9768-35-5065

North Carolina Madison County Mars Hill 28754

498 Upper Bailey Branch Rd, Mars Hill, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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