NOT LISTED FOR SALE

5640 Paint Fork Rd Mars Hill, NC 28754

Estimated Value: $348,000 - $511,000

2 Beds
1 Bath
1,542 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $208,000 $135 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,562/month

13 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Fireplace
  • Madison Middle School Rated A-
  • Separate Outdoor Workshop
  • Pasture

About This Home

As of March 2016

Charming farmhouse in picturesque Madison County. Beautiful old barn, multiple outbuildings, creek, and pond. Home features a covered/ricing chair front porch, wood floors, eat-in kitchen, and multiple fireplaces. Ready for new owners to renovate and make their own! Part of property in flood plain. **Highest and Best Offer Deadline is 2/16/16 at 5pm EST.**

Last Agent to Sell the Property

Corey Adamski

Sage Realty, LLC License #236368 Listed on: 02/06/2016

Last Buyer's Agent

Kat Smith

Homesource Realty INC License #283427

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Home fronts a stream
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Wood Flooring
  • Crawl Space

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Farming

  • Barn
  • Pasture

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 9778-96-3697

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.32063
  • Ratio Close Price By Original Li: 1.32063
  • Ratio Current Price By Acre: 20841.68
  • Ratio Current Price By Sq Ft: 134.89
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1542
  • Total Sq Ft: 1542

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Workshop, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: No A/C, Wall Unit Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Level, Pasture, Lake, Rolling, Sloping, Stream/Creek, Trees
  • Lot Size Area: 9.980
  • Parcel Number: 9778-96-3697
  • Zoning Specification: OTH

Tax Info

  • Tax Value: 166999.00
  • Tax Amount Ncm: 1179.00
  • Tax Location: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Mar 3, 2016
Sold by
Pennymac Loan Services Llc
Bought by
Oneill Gracia Mae
Seller's Agent
Corey Adamski
Sage Realty, LLC
Buyer's Agent
Kat Smith
Homesource Realty INC
List Price
$157,500
Sold Price
$208,000
Premium/Discount to List
$50,500
32.06%
Current Estimated Value
$452,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,098
Avg. Annual Appreciation
8.49%
Original Mortgage
$191,360
Outstanding Balance
$151,410
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$300,688

Purchase Details

Closed on
Sep 24, 2015
Sold by
Garcia Marco A and Garcia May Overslaugh
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
Jul 31, 2006
Sold by
Sawyer Avenue Developmant Llc
Bought by
Garcia Marco A and Garcia Amy Overslaugh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oneill Gracia Mae $208,000 None Available
Pennymac Holdings Llc $140,000 None Available
Garcia Marco A $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneill Gracia Mae $191,360
Previous Owner Garcia Marco A $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $208,000 +32.1% $135 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $157,500 -- $102 / 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 $1,874 $336,551 $111,413 $225,138
2023 $1,429 $211,660 $93,623 $118,037
2022 $1,429 $211,660 $93,623 $118,037
2021 $1,429 $211,660 $93,623 $118,037
2020 $1,429 $211,660 $93,623 $118,037
2019 $1,229 $166,998 $89,703 $77,295
2018 $1,019 $0 $0 $0
2017 $1,019 $0 $0 $0
2016 $1,019 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $166,999 $89,703 $77,296
2013 -- $166,999 $89,703 $77,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3145870

Canopy MLS (Canopy Realtor® Association)

APN: 9778-96-3697