NOT LISTED FOR SALE

509 Phacelia Ln Mars Hill, NC 28754

Estimated Value: $369,411 - $430,000

2 Beds
2 Baths
1,392 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $305,000 $219 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,517/month

21 Days on Market

Highlights

  • Ski Accessible
  • Community Stables
  • Mountain View
  • Golf Course Community
  • Fitness Center
  • Clubhouse

About This Home

As of November 2023

A high elevation mountain getaway awaits you in the Wolf Laurel Resort community! Nestled under a canopy of trees, this home offers fantastic views of the surrounding wildlife, inside and out, with wintertime mountain views. Take a seat on the wraparound deck and enjoy the cool summer temperatures while being lulled by the sound of a nearby stream. Landscape boulders create several terraced areas and a wide, winter accessible driveway. Move inside to find an open, single level floor plan with the primary bedroom separate from the 2nd bedroom and bonus room. This property includes a windowed workshop area with storage. The Wolf Laurel Resort offers golf, pickleball, tennis, swimming, live entertainment, dining, exclusive hiking trails and the Appalachina Trail and area ski resort currently being renovated. Enjoy all seasons in this active community. Village Club membership conveys buyer pays initiation and an optional membership to the Wolf Laurel Country Club is available for purchase.

Last Agent to Sell the Property

Bobby Hicks

Hicks Real Estate Group LLP Brokerage Email: robert.hicks@hicksreg.com License #275326 Listed on: 09/06/2023

Last Buyer's Agent

Bobby Hicks

Hicks Real Estate Group LLP Brokerage Email: robert.hicks@hicksreg.com License #275326 Listed on: 09/06/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,606

Year Built

  • Built in 1983

Lot Details

  • Property is zoned r-2

HOA Fees

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Wood Burning Fireplace
  • Linoleum Flooring
  • Mountain Views
  • Crawl Space
  • Electric Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Deck

Schools

  • Burnsville Elementary School
  • East Yancey Middle School
  • Mountain Heritage High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane
  • Shared Well
  • Community Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 986202681185000

Community Details

Overview

  • Wolf Laurel Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Community Stables
  • Trails
  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,606

Year Built

Built in 1983

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 219.11
  • Geocode Confidence: High
  • Attribution Contact: robert.hicks@hicksreg.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum
  • Interior Amenities: Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1392
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop
  • Above Grade Finished Sq Ft: 1392
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Living Area: 1392
  • Bedroom Main: 2
  • Room Count: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Mountain(s), Winter
  • Waterfront Elevation: 4000
  • Construction Type: Wood
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Propane
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available, Electricity Connected, Phone Connected, Propane, Wired Internet Available
  • Water Source: Community Well, Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Gated, Golf, Outdoor Pool, Picnic Area, Playground, Pond, Putting Green, Recreation Area, Ski Slopes, Sport Court, Stable(s), Tennis Court(s), Walking Trails
  • Association Fee: 585
  • Association Fee Frequency: Annually
  • Association #2 Fee: 1195
  • Association #2 Fee Frequency: Annually
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 1780.00

Schools

  • Middle Or Junior School: East Yancey
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.91
  • Lot Size Units: Acres
  • Parcel Number: 986202681185000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: r-2

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Burnsville
  • High School: Mountain Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Nov 9, 2023
Sold by
Stec Mary Hulda and Stec Christopher Thomas
Bought by
Markham David Allen
Seller's Agent
Bobby Hicks
Hicks Real Estate Group LLP
Buyer's Agent
Bobby Hicks
Hicks Real Estate Group LLP
List Price
$339,000
Sold Price
$305,000
Premium/Discount to List
-$34,000
-10.03%
Views
51
Current Estimated Value
$404,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,353
Avg. Annual Appreciation
11.41%

Purchase Details

Closed on
May 15, 2019
Sold by
Boundy Roger E and Folken Sandra G
Bought by
Ryan Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2002
Bought by
Boundy Roger E and Mahin Linda R
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
Markham David Allen $305,000 None Listed On Document
Ryan Michael P $150,000 --
Boundy Roger E $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ryan Michael P $152,000
Previous Owner Ryan Michael P $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $305,000 -10.0% $219 / Sq Ft
09/06/2023 09/06/23 For Sale $339,000 -- $244 / 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 $1,606 $281,800 $91,800 $190,000
2023 $1,207 $185,650 $49,100 $136,550
2022 $1,183 $185,650 $49,100 $136,550
2021 $1,207 $185,650 $49,100 $136,550
2020 $1,207 $185,650 $49,100 $136,550
2019 $1,207 $185,650 $49,100 $136,550
2018 $1,207 $185,650 $49,100 $136,550
2017 $1,207 $185,650 $49,100 $136,550
2016 $1,207 $185,650 $49,100 $136,550
2015 $1,000 $181,890 $36,800 $145,090
2014 $1,000 $181,890 $36,800 $145,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4065396

Canopy MLS (Canopy Realtor® Association)

APN: 986202681185.000