NOT LISTED FOR SALE

528 Painted Ridge Ln Unit 272/273 Mars Hill, NC 28754

Estimated Value: $324,000 - $453,000

3 Beds
2 Baths
1,234 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $292,000 $237 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,486/month

20 Days on Market

Highlights

  • Ski Accessible
  • Golf Course Community
  • Fitness Center
  • Madison Middle School Rated A-
  • Equestrian Center
  • Gated Community

About This Home

As of April 2021

One of a kind location in Wolf Laurel Resort gated community above 4700ft elevation. Extreme long range mountain views, private with National Forest on 2 sides. Fully furnished updated mountain chalet that offers good investment potential. 2 Story Great room with gas logs to keep you warm, nice deck to enjoy the cool summers and nature all around. Located on 2 lots gives you elbow room, access through National Forest (road you will maintain, until other lots along the way are built on). Wolf Laurel Village Club membership to convey with property. Large painting on upper level, all deer heads , tools do not convey. Outbuilding, and workshop unfinished area in basement level, fire pit spot set up. Almost all paved access until you get on Painted Ridge. MUST SEE TO APPRECIATE!! Must be with Realtor to get through security gate

Last Agent to Sell the Property

Connie Carver

Wolf Mountain Realty, Inc. License #178652 Listed on: 03/08/2021

Co-Listed By

Dinah Carver

Wolf Mountain Realty, Inc. License #168308

Last Buyer's Agent

Jo Anne Williams

Cornerstone Real Estate Cons. License #105592

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Pond
  • Outbuilding

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9862-07-4999

Community Details

Overview

  • Wolf Laurel Roads And Security Association, Phone Number (828) 680-9162

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Trails
  • Ski Accessible

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$209 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.97366
  • Ratio Close Price By Original Li: 1.04323
  • Ratio Current Price By Acre: 292000.00
  • Ratio Current Price By Sq Ft: 236.63
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Upper Level Sq Ft: 509
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Screen Door(s)
  • Equipment: Dishwasher, Disposal, Dryer, Electric Oven, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 8286809162
  • Interior Amenities: Cable Available, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 725
  • Total Sq Ft: 1234
  • Sq Ft Unheated Basement: 450
  • Sq Ft Unheated Total: 450

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, No A/C, Oil Space Heater
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Equestrian Facilities, Equestrian Trails, Fitness Center, Game Court, Gated Community, Golf Course, Picnic Area, Playground, Pond, Recreation Area, Security, Ski Slopes, Sport Court, Tennis Court(s), Walking Trails
  • Association Fee: 1952.78
  • Association Fee Frequency: Annually
  • HOA Management Company: Wolf Laurel Roads and Security
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 550.00
  • Association #2 Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Adjoins Nat/State Forest, Long Range View, Mountain View, Private, Wooded, Year Round View
  • Lot Size Area: 1.000
  • Parcel Number: 9862-07-4999
  • Plat Book Slide: 2/77
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 174983.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2022
Sold by
Denny Charles H and Denny Sarah
Bought by
Eagles Trace Llc
Current Estimated Value
$406,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Outstanding Balance
$198,715
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$207,490

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 21, 2021
Sold by
Suttle Mark and Suttle Rebecca
Bought by
Eagles Trace Llc
Seller's Agent
Connie Carver
Wolf Mountain Realty, Inc.
Buyer's Agent
Jo Anne Williams
Cornerstone Real Estate Cons.
List Price
$299,900
Sold Price
$292,000
Premium/Discount to List
-$7,900
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jan 4, 2018
Sold by
Adams John David and Adams Stephanie
Bought by
Suttle Mark and Suttle Rebecca
Seller's Agent
Connie Carver
Wolf Mountain Realty, Inc.
Buyer's Agent
Dinah Carver
Wolf Mountain Realty, Inc.
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%

Purchase Details

Closed on
Jan 30, 2017
Sold by
U S Bank National Association
Bought by
Adams John David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2015
Sold by
Higgins Barbara A
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 9, 2005
Sold by
Heald Katherine and Heald Katherine J
Bought by
Higgins Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Eagles Trace Llc -- None Listed On Document
Denny Charles H -- None Listed On Document
Eagles Trace Llc $25,000 None Available
Suttle Mark $175,000 None Available
Adams John David $106,000 None Available
Us Bank Na $131,000 None Available
Higgins Barbara A $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denny Charles H $214,000
Previous Owner Adams John David $123,300
Previous Owner Higgins Barbara A $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $292,000 -2.6% $237 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $299,900 0.0% $243 / Sq Ft
03/24/2021 03/24/21 Price Changed $299,900 +7.1% $243 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $279,900 +59.9% $227 / Sq Ft
01/04/2018 01/04/18 Sold $175,000 -7.8% $142 / Sq Ft View Prior Sale
12/11/2017 12/11/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $189,900 -- $154 / 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 $1,492 $291,469 $48,400 $243,069
2023 $1,212 $174,983 $36,000 $138,983
2022 $1,212 $174,983 $36,000 $138,983
2021 $1,212 $174,983 $36,000 $138,983
2020 $1,212 $174,983 $36,000 $138,983
2019 $927 $119,826 $27,000 $92,826
2018 $731 $0 $0 $0
2017 $731 $0 $0 $0
2016 $731 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $119,826 $27,000 $92,826
2013 -- $119,826 $27,000 $92,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3714467

Canopy MLS (Canopy Realtor® Association)

APN: 9862-07-4999