Seller's Agent in 2023
Scott McKenzie
Carolina Mountain Sales
(828) 419-0883
9 in this area
120 Total Sales
525 Cascade St Mars Hill, NC 28754
Estimated Value: $1,530,000 - $1,869,877
5
Beds
4.5
Baths
3,496
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- Guest House
- 14.07 Acre Lot
- Fireplace in Primary Bedroom
- Madison Middle School Rated A-
- Mountain View
- Deck
About This Home
As of April 2023The Lodge, Cottage, and Stables operating as a turn-key vacation rental, event center, reunion, retreat, and wedding venue with future bookings includes furnishings and fixtures. Nestled in the Blue Ridge Mountains adjacent to the campus of Mars Hill University and inside the town limits of Mars Hill. Water, Sewer, Cable, Fiber, C2 & R3 Zoning.
Last Agent to Sell the Property
Carolina Mountain Sales Brokerage Phone: 828-419-0883 License #271578 Listed on: 09/26/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1917
Lot Details
- 14.07 Acre Lot
- Private Lot
- Sloped Lot
- Wooded Lot
- Property is zoned C-2 R-3, R-3
Parking
- 3 Car Detached Garage
- Workshop in Garage
- Driveway
- 4 Open Parking Spaces
Home Design
- Farmhouse Style Home
- Slab Foundation
- Metal Roof
- Wood Siding
- Metal Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Gas Log Fireplace
- Propane Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Bonus Room with Fireplace
- Mountain Views
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Split Bedroom Floorplan
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Handicap Accessible
- Ramp on the main level
Outdoor Features
- Deck
- Wrap Around Porch
- Fire Pit
- Outbuilding
Additional Homes
- Guest House
Schools
- Mars Hill Elementary School
- Madison Middle School
- Madison High School
Farming
- Pasture
- Livestock
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Heating System Uses Natural Gas
- Heating System Uses Propane
- Propane Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 9747-53-6989
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 26, 2022
Closed on
Apr 4, 2023
Sold by
Lodge Llc
Bought by
M-7 Ofasheville Llc
Seller's Agent
Scott McKenzie
Carolina Mountain Sales
Buyer's Agent
Libby Rogers
Keller Williams - Weaverville
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,626
Avg. Annual Appreciation
7.87%
Original Mortgage
$1,080,000
Outstanding Balance
$1,049,431
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$608,195
Purchase Details
Closed on
Oct 12, 2021
Sold by
Parker Clifton E and Parker Stephanie L
Bought by
The Lodge Llc
Purchase Details
Closed on
Sep 12, 2021
Sold by
October Road Housing Solutions Llc
Bought by
Parker Clifton and Parker Stephanie
Purchase Details
Closed on
May 28, 2010
Sold by
Greenville Animal Hospital Pa
Bought by
October Road Housing Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Interest Rate
5.02%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M-7 Ofasheville Llc | $1,350,000 | -- | |
| The Lodge Llc | -- | None Available | |
| Parker Clifton | $852,500 | None Available | |
| October Road Housing Solutions Llc | $960,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | M-7 Ofasheville Llc | $1,080,000 | |
| Previous Owner | October Road Housing Solutions Llc | $816,000 | |
| Previous Owner | October Road Housing Solutions Llc | $39,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $1,350,000 | -9.7% | $386 / Sq Ft |
| 01/29/2023 01/29/23 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | Price Changed | $1,495,000 | -9.4% | $428 / Sq Ft |
| 09/26/2022 09/26/22 | For Sale | $1,650,000 | -- | $472 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $6,649 | $1,647,033 | $562,318 | $1,084,715 |
| 2023 | $4,948 | $989,512 | $306,120 | $683,392 |
| 2022 | $4,948 | $963,253 | $306,120 | $657,133 |
| 2021 | $4,816 | $963,253 | $306,120 | $657,133 |
| 2020 | $5,023 | $963,253 | $306,120 | $657,133 |
| 2019 | $207 | $899,754 | $307,359 | $592,395 |
| 2018 | $4,685 | $0 | $0 | $0 |
| 2017 | $7,425 | $0 | $0 | $0 |
| 2016 | $7,425 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $749,989 | $308,630 | $441,359 |
| 2013 | -- | $749,989 | $308,630 | $441,359 |
Source: Public Records
Agents Affiliated with this Home
-
Scott McKenzie
-
Libby Rogers
Buyer's Agent in 2023
Libby Rogers
Keller Williams - Weaverville
(828) 768-0747
6 in this area
80 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3908157
APN: 9747-53-6989
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