NOT LISTED FOR SALE

526 Bailey St Mars Hill, NC 28754

Estimated Value: $376,000 - $612,000

5 Beds
3 Baths
2,336 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $425,000 $182 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,707/month

126 Days on Market

Highlights

  • Family Room with Fireplace
  • Traditional Architecture
  • Workshop
  • Madison Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2023

Come see this newly renovated home with a great location. 2 blocks from Mars Hill Elementary and 100 yards to MHU baseball field, Chambers gym, and the football stadium. Enjoy plays by SART, have dinner at one of several restaurants or enjoy a libation at Hickory Nut Gorge Brewery.This home features a new kitchen,new counter tops,gas range,new natural gas boiler for its great radiant heat.New metal roof as well. Come see this unique property! Includes parcell # 9747760490 and # 9747761530.

Last Agent to Sell the Property

Stephen Bentley

RE/MAX Results License #297176 Listed on: 08/18/2022

Last Buyer's Agent

Ryan Phillips

Carolina Living Associates LLC License #338487

Carolina Living Associates LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.75 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Attic Fan
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Accessible Home Design

  • Kitchen has a 60 inch turning radius
  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9747760490

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1972
  • Restrictions: No Restrictions
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: na
  • Proposed Special Assessment Desc: na
  • Road Surface Type: Asphalt
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 181.93
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Tile, Laminate, Tile, Wood
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1644
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 692
  • Appliances: Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 2336
  • Accessibility Features: Two or More Access Exits, Entry Slope less than 1 foot, Hall Width 36 Inches or More, Kitchen 60 Inch Turning Radius
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Living Area: 2336
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Enclosed, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Garage, Parking Space(s)

Utilities

  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Attic Fan
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association Name: na
  • Association: No
  • Association Email: na

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9747760490
  • Development Status: Completed
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670
  • Additional Parcels Description: 9747761530
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Jan 11, 2023
Sold by
James & Gwyndola Fish Living Trust
Bought by
Rice Jeffrey Clay and Custer Kenda Serena
Seller's Agent
Stephen Bentley
RE/MAX Results
Buyer's Agent
Ryan Phillips
Carolina Living Associates LLC
List Price
$549,900
Sold Price
$425,000
Premium/Discount to List
-$124,900
-22.71%
Views
153
Current Estimated Value
$493,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,939
Avg. Annual Appreciation
5.28%
Original Mortgage
$333,750
Outstanding Balance
$320,053
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$173,886
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 Buyer Sale Price Title Company
Rice Jeffrey Clay $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Jeffrey Clay $333,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $425,000 -13.3% $182 / Sq Ft
11/02/2022 11/02/22 Price Changed $490,000 -6.7% $210 / Sq Ft
10/07/2022 10/07/22 Price Changed $525,000 -4.5% $225 / Sq Ft
08/18/2022 08/18/22 For Sale $549,900 -- $235 / 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 $1,527 $374,194 $27,621 $346,573
2023 $1,438 $251,625 $25,110 $226,515
2022 $1,438 $251,625 $25,110 $226,515
2021 $1,438 $251,625 $25,110 $226,515
2020 $1,438 $251,625 $25,110 $226,515
2019 $1,200 $189,180 $18,600 $170,580
2018 $984 $0 $0 $0
2017 $1,873 $0 $0 $0
2016 $1,873 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $189,180 $18,600 $170,580
2013 -- $189,180 $18,600 $170,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3895255

Canopy MLS (Canopy Realtor® Association)

APN: 9747-76-0490