NOT LISTED FOR SALE

514 Bruce Rd Mars Hill, NC 28754

Estimated Value: $458,000 - $532,291

4 Beds
1 Bath
2,004 Sq Ft
$244/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $450,000 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,815/month

173 Days on Market

Highlights

  • Tankless Water Heater
  • Central Heating and Cooling System
  • Wood Siding
  • Madison Middle School Rated A-

About This Home

As of September 2024

Motivated sellers! Back on the market!

We are thrilled to present to you a rare opportunity to own a piece of history at our newest listing! With four spacious bedrooms, including a primary room on the main floor and three on the upper level, this charming heritage home is perfect for buyers looking for ample living space. Located just across the street, you can access the Dr. W. Otis Duck Greenway which will take you towards Main St. and Mars Hill University.

Spanning just over 6 acres of flowing land, you can dream of your expansion possibilities, such as building your dream garden or a custom entertainment area. The rustic barn on the property makes for a perfect country setting.

Short walks to downtown open doors to dining and entertainment possibilities, while being only 25 min away from downtown Asheville. Groceries and gas are just minutes away for added convenience.

Don't miss out on this amazing opportunity!

Recent home inspection available to serious buyers.

Last Agent to Sell the Property

Joel Smith

EXP Realty LLC Brokerage Email: joel@movetoWNC.com License #343255 Listed on: 02/19/2024

EXP Realty LLC

Last Buyer's Agent

Joel Smith

EXP Realty LLC Brokerage Email: joel@movetoWNC.com License #343255 Listed on: 02/19/2024

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,318

Year Built

  • Built in 1957

Lot Details

  • 6

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Propane Fireplace
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

  • Madison Middle School
  • Madison High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9747876726

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,318

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1957
  • Road Surface Type: Gravel, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 224.55
  • Geocode Confidence: High
  • Attribution Contact: joel@movetoWNC.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1325
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 679
  • Appliances: Dishwasher, Electric Range, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Above Grade Finished Sq Ft: 2004
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Propane
  • Living Area: 2004
  • Bedroom Main: 1
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Aluminum, Wood

Garage/Parking

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

Utilities

  • Heating: Central, Propane
  • Sewer: Septic Installed
  • Laundry Features: Utility Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 6.29
  • Lot Size Units: Acres
  • Parcel Number: 9747876726
  • Zoning: R-1
  • Plat Reference Section Pages: 8/533
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Unspecified
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2024
Closed on
Sep 12, 2024
Sold by
Wooten Davis Joan and Wooten Timothy Davis
Bought by
Silver Ryan Brent and Silver Leach Kathryne
Seller's Agent
Joel Smith
EXP Realty LLC
Buyer's Agent
Joel Smith
EXP Realty LLC
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Views
130
Current Estimated Value
$488,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,323
Avg. Annual Appreciation
3.69%
Original Mortgage
$0
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2020
Sold by
Davis Joan W and Davis L W
Bought by
Davis Timothy and Davis Shana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Silver Ryan Brent $450,000 None Listed On Document
Silver Ryan Brent $450,000 None Listed On Document
Davis Timothy -- Surety Lender Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Silver Ryan Brent $0
Open Silver Ryan Brent $450,000
Previous Owner Davis Timothy $230,000
Previous Owner Davis Davis W $237,500
Previous Owner Davis Davis W $6,860
Previous Owner Davis Davis W $252,287
Previous Owner Davis Davis W $248,559
Previous Owner Davis Davis W $233,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $450,000 -5.2% $225 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/29/2024 07/29/24 For Sale $474,900 +5.5% $237 / Sq Ft
07/19/2024 07/19/24 Off Market $450,000 -- --
05/19/2024 05/19/24 Price Changed $474,900 -1.1% $237 / Sq Ft
05/03/2024 05/03/24 For Sale $480,000 +6.7% $240 / Sq Ft
03/13/2024 03/13/24 Off Market $450,000 -- --
02/19/2024 02/19/24 For Sale $480,000 -- $240 / 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 $1,318 $458,050 $91,149 $366,901
2023 $1,744 $265,003 $71,712 $193,291
2022 $1,744 $265,003 $71,712 $193,291
2021 $1,744 $265,003 $71,712 $193,291
2020 $1,744 $265,003 $71,712 $193,291
2019 $1,029 $135,804 $65,186 $70,618
2018 $828 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4105908

Canopy MLS (Canopy Realtor® Association)

APN: 9747-87-6726