NOT LISTED FOR SALE

525 Cascade St Mars Hill, NC 28754

Mars Hill Area

Estimated Value: $1,473,000 - $1,857,938

5 Beds
4.5 Baths
3,496 Sq Ft
$465/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2023

Last sale price $1,350,000 $386 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,570 / mo

125 Days on Market

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 2023

The 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

Scott McKenzie

Carolina Mountain Sales Brokerage Phone: 828-419-0883 License #271578 Listed on: 09/26/2022

Carolina Mountain Sales

Last Buyer's Agent

Libby Rogers

Keller Williams Professionals License #259007

Keller Williams Professionals

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
  • Laundry on main level
  • 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

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

14.07 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 1917
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Guest House,Other - See Remarks
  • Road Surface Type: Asphalt, Gravel
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 213.30
  • Attribution Contact: 828-419-0883
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Entrance Foyer, Split Bedroom
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1926
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 70
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 70
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1570
  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Propane Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 3496
  • Accessibility Features: Accessible, Ramp(s)-Main Level
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Bonus Room, Fire Pit, Gas Log, Living Room, Primary Bedroom, Propane
  • Living Area: 3496
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit, Livestock Run In, Other - See Remarks
  • New Construction: No
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • View: Mountain(s)
  • Exclusions: A few personal items to be inventoried.
  • Construction Type: Metal, Vinyl, Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Shop, Parking Space(s)

Utilities

  • Heating: Forced Air, Heat Pump, Natural Gas, Propane
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Utilities: Cable Available, Propane
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Pasture, Private, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9747-53-6989
  • Zoning: R-3
  • Plat Book Slide: 8/713
  • Development Status: Completed
  • Lot Size Acres: 14.07
  • Lot Size Sq Ft: 612889
  • ResoLotSizeUnits: Acres
  • Zoning Specification: C-2 R-3

MLS Schools

  • Elementary School: Mars Hill
  • High School: Madison

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Apr 4, 2023
Sold by
Lodge Llc
Bought by
Seller's Agent
Scott McKenzie
Carolina Mountain Sales
Buyer's Agent
Libby Rogers
Keller Williams Professionals
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%
Views
54
Current Estimated Value
$1,626,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,313
Avg. Annual Appreciation
5.56%
Original Mortgage
$1,080,000
Outstanding Balance
$1,037,729
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$588,584

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
$39,000
Interest Rate
5%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mars Hill, NC

  • Derrick Erb Real Estate Agent - DRG Homes & Land

    Derrick Erb

    DRG Homes & Land

    (828) 519-5136

    19 Total Sales

    2 in Mars Hill

    $34K - $355K Price Range

    Derrick Erb
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  • Kim Gentry Justus Real Estate Agent - Ivester Jackson Blackstream

    Kim Gentry Justus

    Responds Quickly

    Ivester Jackson Blackstream

    (828) 672-3470

    69 Total Sales

    2 in Mars Hill

    $315K - $540K Price Range

    Kim Gentry Justus
     Section Image
  • Athena Cermak Real Estate Agent - Keller Williams Professionals

    Athena Cermak

    Responds Quickly

    Keller Williams Professionals

    (828) 672-3601

    138 Total Sales

    2 in Mars Hill

    $240K - $330K Price Range

    Athena Cermak
     Section Image
  • David Willett Real Estate Agent - RE/MAX Executive

    David Willett

    RE/MAX Executive

    (828) 944-8251

    56 Total Sales

    1 in Mars Hill

    $88,000 Price

    David Willett
     Section Image
  • Jason Altenhof Real Estate Agent - Costello Real Estate and Investments LLC

    Jason Altenhof

    Costello Real Estate and Investments LLC

    (980) 434-0025

    43 Total Sales

    1 in Mars Hill

    $416,500 Price

    Jason Altenhof
     Section Image
  • Mary Blevins Real Estate Agent - Dream Mountain Realty

    Mary Blevins

    Dream Mountain Realty

    (828) 536-2115

    88 Total Sales

    1 in Mars Hill

    $790,000 Price

    Mary Blevins
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,080,000
Previous Owner October Road Housing Solutions Llc $405,000
Previous Owner October Road Housing Solutions Llc $39,000
Previous Owner October Road Housing Solutions Llc $816,000
Previous Owner Greenville Animal Hospital Pa $50,000
Previous Owner Greenville Anima Hospital Pa $150,000
Previous Owner Epc Nc 13 Llc $740,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,649 $1,647,033 $562,318 $1,084,715
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 Real Estate Agent - Carolina Mountain Sales

    Seller's Agent in 2023

    Scott McKenzie

    Carolina Mountain Sales

    (828) 419-0883

    108 Total Sales

    Scott McKenzie
    Section Image
  • Libby Rogers Real Estate Agent - Keller Williams Professionals

    Buyer's Agent in 2023

    Libby Rogers

    Keller Williams Professionals

    (828) 768-0747

    79 Total Sales

    Libby Rogers
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Map

Source: Canopy MLS

MLS Number: 3908157

Canopy MLS

APN: 9747-53-6989

North Carolina Madison County Mars Hill 28754

525 Cascade St, Mars Hill, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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