NOT LISTED FOR SALE

559 Bailey St Mars Hill, NC 28754

Estimated Value: $352,000 - $486,000

3 Beds
3 Baths
1,940 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $120,000 $62 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,265/month

167 Days on Market

Highlights

  • Ranch Style House
  • Madison Middle School Rated A-
  • Wood Flooring

About This Home

As of October 2012

Great house. 3 bedroom home on main level 1 bedroom apartment in basement. Investment potential!!! or 1st time home owner, In immaculate condition. wood floors, single car garage in basement, paved driveway. Must see. and must have appointment, owners are there a lot in summer.

Last Agent to Sell the Property

Jane Wallin

Mountain Laurel Realty License #162518 Listed on: 04/12/2012

Last Buyer's Agent

Greg Palombi

The Real Estate Center License #A4077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,243

Lot Details

  • 0.5

Parking

  • 1

Home Design

  • Ranch Style House

Interior Spaces

  • 3 Full Bathrooms
  • Insulated Windows
  • Window Treatments

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 9747-66-9627

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,243

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.80537
  • Ratio Close Price By Original Li: 0.75472
  • Ratio Current Price By Acre: 240000.00
  • Ratio Current Price By Sq Ft: 61.86
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Garage Door, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Dryer, Exhaust Hood, Refrigerator, Washer
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Window Treatments
  • Sq Ft Basement: 760
  • Main Level Sq Ft: 1180
  • Total Sq Ft: 1940
  • Sq Ft Unheated Basement: 420

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Basement, Garage - 1 Car

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Mountain View, Paved Frontage
  • Lot Size Area: 0.500
  • Parcel Number: 9747-66-9627
  • Plat Reference Section Pages: 497
  • Zoning Specification: RCT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
Ramsey Dillon and Ramsey Megan
Bought by
Ramsey Dillon and Ramsey Megan
Current Estimated Value
$406,000

Purchase Details

Closed on
Jun 27, 2023
Sold by
New Vision Trust
Bought by
Ramsey Dillon and Ramsey Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2020
Sold by
American Ira Llc
Bought by
New Vision Trust

Purchase Details

Closed on
Apr 10, 2012
Sold by
Revis Martha Swann and Revis William
Bought by
American Ira Llc and Alfordjr Roger W
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramsey Dillon $800,000 None Listed On Document
Ramsey Dillon $300,000 None Listed On Document
New Vision Trust -- None Available
American Ira Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsey Dillon $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2012 10/05/12 Sold $120,000 -24.5% $62 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $159,000 -- $82 / 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 $1,243 $295,328 $23,522 $271,806
2023 $1,175 $199,016 $21,384 $177,632
2022 $1,175 $199,016 $21,384 $177,632
2021 $1,175 $199,016 $21,384 $177,632
2020 $1,194 $202,742 $25,110 $177,632
2019 $891 $132,866 $18,600 $114,266
2018 $691 $0 $0 $0
2017 $1,315 $0 $0 $0
2016 $1,315 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $133,164 $18,600 $114,564
2013 -- $133,164 $18,600 $114,564
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jane Wallin

    Mountain Laurel Realty

  • Greg Palombi

    Buyer's Agent in 2012

    Greg Palombi

    The Real Estate Center

    (828) 216-4037

    1 in this area

    53 Total Sales

    Greg Palombi
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM516474

Canopy MLS (Canopy Realtor® Association)

APN: 9747-66-9627

North Carolina Madison County Mars Hill 28754

559 Bailey St, Mars Hill, NC

This home is located at 559 Bailey St, Mars Hill, NC 28754 since 12 April 2012 and is currently estimated at $406,000, approximately $209 per square foot. 559 Bailey St is a home located in Madison County with nearby schools including Madison Middle School.

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 (Canopy Realtor® Association) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes