NOT LISTED FOR SALE

508 Shake Rag Rd Mars Hill, NC 28754

Estimated Value: $702,054 - $889,000

3 Beds
2.5 Baths
2,778 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $485,000 $175 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,375/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Private Lot
  • Wood Flooring
  • Madison Middle School Rated A-
  • Wooded Lot
  • Attached Garage

About This Home

As of December 2020

Back up offers welcome! Your perfect mountain home or getaway! Charming Cape Cod with red metal roof, tucked into the trees on a gently sloping lot with easy access. Comfortable floor plan with master on the main level, remodeled kitchen, butler's pantry, and huge back deck to enjoy the quiet setting. Main level garage, and additional garage/workshop in the basement with separate driveway and garage door for easy access. Fenced back yard area for pets, and covered storage for firewood. Home has been meticulously cared for, and is ready for you to move in!

Last Agent to Sell the Property

Heidi DuBose

Unique: A Real Estate Collective License #255754 Listed on: 11/09/2020

Last Buyer's Agent

Lacey Power

Mosaic Community Lifestyle Realty License #284911

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Cape Cod Architecture

Interior Spaces

  • Gas Log Fireplace
  • Window Treatments
  • Oven

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 9768-69-2428
  • Tax Block 69

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cape Cod
  • Ratio Close Price By List Price: 1.02105
  • Ratio Close Price By Original Li: 1.02105
  • Ratio Current Price By Acre: 133241.76
  • Ratio Current Price By Sq Ft: 174.59
  • Year Built: 1991
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block
  • Upper Level Sq Ft: 716
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Oven, Refrigerator
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Tile, Tile, Wood
  • Interior Amenities: Attic Other, Basement Shop, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 466
  • Main Level Sq Ft: 1596
  • Total Sq Ft: 2778
  • Sq Ft Unheated Basement: 961
  • Sq Ft Unheated Total: 961

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Basement, Garage - 2 Car, Side Load Garage

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Madison

Lot Info

  • Lot Features: Green Area, Level, Mountain View, Private, Trees, Winter View, Wooded
  • Lot Size Area: 3.640
  • Parcel Number: 9768-69-2428
  • Zoning Specification: R-A

Tax Info

  • Tax Value: 438437.00
  • Tax Block: 69
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 11, 2020
Sold by
Lewis Ray W
Bought by
Charles D Dillingham Revocable Trust
Seller's Agent
Heidi DuBose
Unique: A Real Estate Collective
Buyer's Agent
Lacey Power
Mosaic Community Lifestyle Realty
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Current Estimated Value
$767,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,514
Avg. Annual Appreciation
9.88%

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 15, 2019
Sold by
Fowler Michael D and Fowler Peppi S
Bought by
Ray W Lewis Revocable Living Trust
Seller's Agent
Stacy Brown
Asheville Realty Group
Buyer's Agent
Ann Harold
French Broad Real Estate Co.
List Price
$445,000
Sold Price
$438,000
Premium/Discount to List
-$7,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%

Purchase Details

Listed on
Jul 24, 2012
Closed on
Apr 15, 2013
Sold by
Schieber Thomas A and Schieber Elizabeth G
Bought by
Fowler Michael D and Fowler Peppi S
Seller's Agent
Janice Southerland
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Barbara Newell
RE/MAX Executive
List Price
$350,000
Sold Price
$332,500
Premium/Discount to List
-$17,500
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Charles D Dillingham Revocable Trust $485,000 None Available
Ray W Lewis Revocable Living Trust $438,000 None Available
Fowler Michael D $332,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2020 12/11/20 Sold $485,000 +2.1% $175 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $475,000 +8.4% $171 / Sq Ft
05/21/2019 05/21/19 Sold $438,000 -1.6% $155 / Sq Ft View Prior Sale
04/28/2019 04/28/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $445,000 +33.8% $158 / Sq Ft
04/15/2013 04/15/13 Sold $332,500 -5.0% $113 / Sq Ft View Prior Sale
03/16/2013 03/16/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $350,000 -- $119 / 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 $3,809 $541,451 $64,440 $477,011
2023 $2,587 $438,437 $45,023 $393,414
2022 $2,587 $438,437 $45,023 $393,414
2021 $2,587 $438,437 $45,023 $393,414
2020 $2,587 $438,437 $45,023 $393,414
2019 $1,400 $218,724 $43,140 $175,584
2018 $1,334 $0 $0 $0
2017 $1,635 $0 $0 $0
2016 $1,635 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $218,724 $43,140 $175,584
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3680837

Canopy MLS (Canopy Realtor® Association)

APN: 9768-69-2428