NOT LISTED FOR SALE

585 Hanging Rock Rd Mars Hill, NC 28754

Estimated Value: $507,000 - $743,000

4 Beds
3 Baths
2,436 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 26, 2015

Last sale price $93,450 $38 Per Sq Ft

Est. 567% increase in value since last sale

Current estimated payment $3,543/month

330 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Wooded Lot
  • Madison Middle School Rated A-
  • Contemporary Architecture
  • Tile Flooring

About This Home

As of June 2015

This property is now under auction terms. Pre-sale bids should be submitted through Auction website. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions. (minimums may apply). Note that the commission % may change between the pre-sale & auction periods, so contact listing agent to verify exact commission terms. All auction assets will be sold subject to seller approval. Contact listing agent for details

Last Agent to Sell the Property

Bob Sinners

Berkshire Hathaway HomeServices Lifestyle Properties License #250360 Listed on: 07/08/2014

Berkshire Hathaway HomeServices Lifestyle Properties

Co-Listed By

Dani King

WEICHERT, Realtors - Unlimited License #219124

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,755

Year Built

  • Built in 1983

Lot Details

  • 0.63

Home Design

  • Contemporary Architecture

Additional Features

  • Tile Flooring
  • 3 Full Bathrooms
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 9862-17-9987

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,755

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.77940
  • Ratio Close Price By Original Li: 0.55296
  • Ratio Current Price By Acre: 148333.33
  • Ratio Current Price By Sq Ft: 38.36
  • Year Built: 1983
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Flooring: Tile, Carpet
  • Room Count: 4
  • Sq Ft Basement: 1148
  • Main Level Sq Ft: 1288
  • Total Sq Ft: 2436

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Electric Baseboard Heat, No A/C
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 125.00

Lot Info

  • Lot Features: Long Range View, Wooded
  • Lot Size Area: 0.630
  • Parcel Number: 9862-17-9987
  • Plat Reference Section Pages: 560
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2013
Sold by
Ferguson John S and Ferguson Marie
Bought by
Federal National Mortgage Association
Current Estimated Value
$623,441

Purchase Details

Closed on
Oct 20, 2005
Sold by
Burrows Raymond and Burrows Jeanne
Bought by
Ferguson John and Ferguson Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
5.66%
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
Federal National Mortgage Association $232,983 None Available
Ferguson John $244,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferguson John S $225,000
Previous Owner Ferguson John $195,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $93,450 -44.7% $38 / Sq Ft
06/03/2015 06/03/15 Pending -- -- --
07/08/2014 07/08/14 For Sale $169,000 -- $69 / 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 $1,755 $350,035 $48,400 $301,635
2023 $1,443 $214,024 $36,000 $178,024
2022 $1,443 $214,024 $36,000 $178,024
2021 $1,443 $214,024 $36,000 $178,024
2020 $1,443 $214,024 $36,000 $178,024
2019 $1,153 $155,129 $27,000 $128,129
2018 $946 $0 $0 $0
2017 $946 $0 $0 $0
2016 $946 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $155,129 $27,000 $128,129
2013 -- $155,129 $27,000 $128,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM566279

Canopy MLS (Canopy Realtor® Association)

APN: 9862-17-9987