$360,000
SOLD MAR 31, 2025

529 NW Us 25 70 Hwy Hot Springs, NC 28743

4 Beds
2 Baths
2,741 Sq Ft
0.66 Acres

Recently Sold

$131 Per Sq Ft

15% Below List Price

230 Days on Market

Highlights

  • Deck
  • Hilly Lot
  • 1 Car Detached Garage
  • Madison Middle School Rated A-
  • Gazebo
  • Enclosed Patio or Porch

About This Home

As of March 2025

Invest in downtown Hot Springs! This versatile home features a spacious open floor plan with a high-ceiling living room, an open kitchen, three cozy bedrooms, and two extra rooms that can be easily converted into additional bedrooms or a home office. Downstairs you will find a separate one bedroom Airbnb with its own entrance, parking, and kitchenette offering a fantastic income opportunity.

But that's not all! The property also includes a separate 256 sq. ft. studio, a detached 519 sq. ft. two-car garage with an attached single-car carport, and a screened-in gazebo. Recent updates ensure modern comfort and efficiency and include a new roof and gutter system, tankless water heater, Rinnai heating, kitchen appliances, French drain, a fully updated bathroom, and a new wood-burning stove. This home is very close to adventures on the French Broad River and access to the Appalachian Trail.

Virtual tour available to see for yourself the endless possibilities this home has to offer.

Last Agent to Sell the Property

Lena D'Giulia

EXP Realty LLC Brokerage Email: lenadghomes@gmail.com License #333156 Listed on: 07/02/2024

EXP Realty LLC

Last Buyer's Agent

Tina Hudgins

Dwell Realty Group License #335735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1983

Lot Details

  • Back Yard Fenced
  • Paved or Partially Paved Lot
  • Hilly Lot
  • Property is zoned R-A

Parking

  • 1 Car Detached Garage
  • Attached Carport
  • Driveway

Home Design

  • Split Level Home
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Ceiling Fan
  • Propane Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Basement

  • Interior and Exterior Basement Entry
  • French Drain
  • Apartment Living Space in Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Gazebo
  • Outbuilding

Schools

  • Hot Springs Elementary School
  • Madison Middle School
  • Madison High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Baseboard Heating
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 8860412948

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1983
  • Second Living Quarters: Exterior Not Connected
  • Road Surface Type: Asphalt, Concrete
  • Unit Levels: Split Level
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 131.34
  • Geocode Confidence: Medium
  • Attribution Contact: lenadghomes@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1998
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 458
  • Sq Ft Unheated Total: 714
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Gas Range, Washer/Dryer
  • Above Grade Finished Sq Ft: 1998
  • Has Basement: Apartment, Exterior Entry, French Drain, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 743
  • Fireplace Features: Propane, Wood Burning Stove
  • Living Area: 2741
  • Bedroom Main: 3
  • Room Count: 8
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Back Yard, Partial
  • Construction Type: Brick Full, Concrete Block, Wood
  • Other Structures: Gazebo, Outbuilding
  • Patio And Porch Features: Deck, Enclosed, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Detached Garage

Utilities

  • Heating: Baseboard, Electric, Propane, Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Hilly, Paved
  • Lot Size Area: 0.66
  • Lot Size Units: Acres
  • Parcel Number: 8860412948
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-A

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Hot Springs
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Mar 11, 2025
Sold by
Perraud Jessica Sydney and Baill Ryan L
Bought by
Shropshire Steven Knight and Shropshire Emily Dawn
Seller's Agent
Lena D'Giulia
EXP Realty LLC
Buyer's Agent
Tina Hudgins
Dwell Realty Group
List Price
$425,000
Sold Price
$360,000
Premium/Discount to List
-$65,000
-15.29%
Views
186
Current Estimated Value
$518,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,484
Avg. Annual Appreciation
143.46%
Original Mortgage
$353,479
Outstanding Balance
$352,280
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$166,204

Purchase Details

Listed on
Aug 20, 2020
Closed on
Apr 23, 2021
Sold by
Ramsey Kenny Lee and Ramsey Clara Fisher
Bought by
Baill Ryan L and Perraud Jessica Sydney
Seller's Agent
Ginger Gregory
Coldwell Banker Advantage
Buyer's Agent
Kelsey Johnson
ERA Live Moore
List Price
$259,000
Sold Price
$246,500
Premium/Discount to List
-$12,500
-4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$239,105
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Ramsey Kenny and Ramsey Clara E
Bought by
Drewnoski Joseph and Ramsey Tiffany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,861
Interest Rate
6.47%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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 $360,000 None Listed On Document
Warranty Deed $246,500 None Available
Warranty Deed $80,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,479 FHA
Previous Owner $239,105 New Conventional
Previous Owner $69,861 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $360,000 -9.8% $131 / Sq Ft
12/28/2024 12/28/24 Price Changed $399,000 -6.1% $146 / Sq Ft
10/07/2024 10/07/24 For Sale $425,000 +18.1% $155 / Sq Ft
10/05/2024 10/05/24 Off Market $360,000 -- --
09/17/2024 09/17/24 Price Changed $425,000 -10.5% $155 / Sq Ft
08/01/2024 08/01/24 Price Changed $475,000 -4.8% $173 / Sq Ft
07/03/2024 07/03/24 For Sale $499,000 +102.4% $182 / Sq Ft
04/26/2021 04/26/21 Sold $246,500 +0.6% $76 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
12/13/2020 12/13/20 Price Changed $245,000 -1.6% $75 / Sq Ft
10/07/2020 10/07/20 Price Changed $249,000 -3.9% $76 / Sq Ft
08/20/2020 08/20/20 For Sale $259,000 -- $79 / 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 $3,144 $823,440 $23,341 $800,099
2023 $1,957 $355,427 $21,219 $334,208
2022 $1,957 $355,427 $21,219 $334,208
2021 $1,957 $355,427 $21,219 $334,208
2020 $1,957 $355,427 $21,219 $334,208
2019 $1,363 $218,804 $14,429 $204,375
2018 $1,138 $0 $0 $0
2017 $2,254 $0 $0 $0
2016 $2,254 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $218,804 $14,429 $204,375
2011 -- $186,400 $19,300 $167,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4156994

Canopy MLS (Canopy Realtor® Association)

APN: 8860-41-2948