NOT LISTED FOR SALE

520 Oak Ln Mars Hill, NC 28754

Estimated Value: $657,000 - $783,148

4 Beds
3 Baths
3,871 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $600,000 $155 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,029/month

82 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Madison Middle School Rated A-
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of July 2022

Flawless home in quiet subdivision minutes to Mars Hill University. Convenient to Weaverville and Asheville. Nicely landscaped corner lot with a large backyard dotted with mature trees. Enjoy one level living with an open floor plan, cathedral ceilings, and a gourmet kitchen complete with granite countertops and stainless appliances. Oversized primary suite complete with a spa-like bathroom. Enjoy the view while relaxing on the large, covered back porches. This home offers abundant storage with walk-in pantry, generous closets, copious cabinet space, 2 car garage and workshop space. Lower level has much to offer with complete second living quarters including a full second kitchen. With a variety of options, perfect for partial or full short term rental or multigenerational living. Complete separate entrance and parking area for lower level of home. HVAC with propane backup on main level, whole home wired sound system, security system, fiber optic internet, and hot tub pad and wiring.

Last Agent to Sell the Property

Veronica Gentry

Hollifield & Company Properties Inc. License #326718 Listed on: 05/06/2022

Last Buyer's Agent

Bianca Taylor

Keller Williams Professionals License #295598

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • Corner Lot
  • Paved or Partially Paved Lot
  • Open Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-A, R-A

Home Design

  • Traditional Architecture
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Great Room with Fireplace
  • Recreation Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Cork
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry in Mud Room
  • Laundry Room

Parking

  • Attached Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Additional Homes

  • Separate Entry Quarters

Schools

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

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Mountain Home Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9757-28-4333

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

1 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2010
  • Ratio Current Price By Acre: 600000.00
  • Restrictions: Other - See Media/Remarks
  • Doors and Windows: Insulated Windows,Screen Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: See CCRs
  • Second Living Quarters: Separate Living Quarters
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Block
  • Fireplace: Yes
  • Flooring: Cork, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2118
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 248
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 248
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Front,Side
  • Fixture Exception Description: Hot tub does not convey
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Hood, Microwave, Propane Cooktop, Refrigerator, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1753
  • Fireplace Features: Ventless, Great Room, Recreation Room
  • Living Area: 3871
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fire Pit, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Madison
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump, Propane
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room, Mud Room
  • Water Source: Filtration System, Well

Schools

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

Lot Info

  • Lot Features: Corner Lot, Mountain View, Open Lot, Paved, Sloped, Wooded, Views, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9757-28-4333
  • Plat Book Slide: 6/303
  • Zoning Description: R-A

Tax Info

  • RATIO List Price By Tax Amount: 1.51502

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 27, 2022
Sold by
Benigno Michael J and Benigno Michelle T
Bought by
Shankle Robert R and Shankle Amber Owen
Seller's Agent
Veronica Gentry
Hollifield & Company Properties Inc.
Buyer's Agent
Bianca Taylor
Keller Williams Professionals
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%
Current Estimated Value
$734,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,037
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Jun 6, 2016
Sold by
Capps Timothy S and Capps Katherine W
Bought by
Capps Timothy Scott and Capps Katherine Williams

Purchase Details

Closed on
May 5, 2010
Sold by
Blue Bridge Funeral Service Llc
Bought by
Capps Timothy S and Capps Katherine W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shankle Robert R $650,000 Claxton Law Firm Pa
Capps Timothy Scott -- Attorney
Capps Timothy S $42,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $600,000 -22.5% $155 / Sq Ft
05/31/2022 05/31/22 Price Changed $774,000 -3.1% $200 / Sq Ft
05/06/2022 05/06/22 For Sale $799,000 +81.6% $206 / Sq Ft
03/23/2017 03/23/17 Sold $440,000 -8.3% $117 / Sq Ft View Prior Sale
01/11/2017 01/11/17 Pending -- -- --
05/16/2016 05/16/16 For Sale $479,900 -- $128 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,113 $651,668 $49,500 $602,168
2023 $3,194 $510,886 $45,000 $465,886
2022 $3,194 $510,886 $45,000 $465,886
2021 $3,194 $510,886 $45,000 $465,886
2020 $3,194 $510,886 $45,000 $465,886
2019 $2,323 $337,929 $38,046 $299,883
2018 $2,061 $0 $0 $0
2017 $2,061 $0 $0 $0
2016 $2,061 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $337,930 $38,046 $299,884
2013 -- $337,930 $38,046 $299,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3855016

Canopy MLS (Canopy Realtor® Association)

APN: 9757-28-4333

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