$300,000
SOLD DEC 4, 2025

522 Bailey Mountain Rd Mars Hill, NC 28754

3 Beds
2 Baths
1,972 Sq Ft
2.7 Acres

Recently Sold

$152 Per Sq Ft

48% Below List Price

118 Days on Market

Highlights

  • Wood Burning Stove
  • Ranch Style House
  • Covered Patio or Porch
  • Madison Middle School Rated A-
  • No HOA
  • 2 Car Detached Garage

About This Home

As of December 2025

Investor Special! Classic single-story brick rancher sits on a level, easy-to-maintain lot just minutes from the heart of Mars Hill, NC. The exterior features timeless red brick, complemented by covered front porch, perfect for relaxing & taking in the peaceful country surroundings. Inside, this home offers a spacious layout with picture windows - especially pleasant in the morning light. The living room centers around a traditional brick fireplace, adding warmth & character. The kitchen & dining area flow together comfortably, ideal for both casual meals & entertaining. The flat lot provides plenty of space for gardening, pets or hanging out. The detached garage could be a great workshop. With the Blue Ridge Mountains nearby, you get just a hint of elevation in the views without the challenges of steep terrain. This home offers the best of both worlds, quiet country living & quick access to I26 making Asheville or Johnson City just a short drive away. Great potential, just needs love!
Encourage Buyer to have a survey as there is a discrepancy in GIS and tax acreage.

Last Agent to Sell the Property

Diane Simmons

EXP Realty LLC Brokerage Email: dianesellsdreamhomes@gmail.com License #240460 Listed on: 05/23/2025

EXP Realty LLC

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,972 Sq Ft Home
  • Wood Burning Stove
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Bathroom

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9747.28-8503

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1979
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 152.13
  • Geocode Confidence: High
  • Attribution Contact: dianesellsdreamhomes@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1972
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1972
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning Stove
  • Living Area: 1972
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Exclusions: Chicken Coops
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Hot Water, Oil, Other - See Remarks
  • Sewer: Septic Installed
  • Laundry Features: In Bathroom, Inside
  • Cooling: None
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Views
  • Lot Size Units: Acres
  • Parcel Number: 9747.28-8503
  • Zoning: RA
  • Additional Parcels: No
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Dec 4, 2025
Sold by
Ellison Billy Joe
Bought by
Lake Bound Holdings Llc
Seller's Agent
Diane Simmons
EXP Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$575,000
Sold Price
$300,000
Premium/Discount to List
-$275,000
-47.83%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17563.60%

Purchase Details

Closed on
Jun 19, 1992
Bought by
Ellison Billy Joe And
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $300,000 None Listed On Document
Deed $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Sold $300,000 -25.0% $152 / Sq Ft
09/15/2025 09/15/25 Price Changed $400,000 -5.9% $203 / Sq Ft
09/05/2025 09/05/25 Price Changed $425,000 -5.6% $216 / Sq Ft
08/19/2025 08/19/25 Price Changed $450,000 -6.3% $228 / Sq Ft
07/22/2025 07/22/25 Price Changed $480,000 -3.8% $243 / Sq Ft
07/06/2025 07/06/25 Price Changed $499,000 -9.3% $253 / Sq Ft
06/15/2025 06/15/25 Price Changed $550,000 -4.3% $279 / Sq Ft
05/23/2025 05/23/25 For Sale $575,000 -- $292 / 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 $2,594 $536,496 $64,425 $472,071
2023 $2,074 $321,026 $41,015 $280,011
2022 $2,074 $321,026 $41,015 $280,011
2021 $2,074 $321,026 $41,015 $280,011
2020 $2,074 $321,026 $41,015 $280,011
2019 $1,319 $181,140 $37,286 $143,854
2018 $1,105 $0 $0 $0
2017 $1,105 $0 $0 $0
2016 $1,105 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $181,140 $37,286 $143,854
2013 -- $181,140 $37,286 $143,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4260216

Canopy MLS (Canopy Realtor® Association)

APN: 9747-28-8503