NOT LISTED FOR SALE

606 Coates Rd Marshall, NC 28753

Estimated Value: $385,757 - $479,000

2 Beds
1 Bath
975 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $335,000 $344 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,454/month

39 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Madison Middle School Rated A-
  • Wooded Lot
  • Modern Architecture

About This Home

As of July 2022

Tranquility, 6.8 acres and long range mountain views encompass this beautiful property; just minutes to charming downtown Marshall and 25 mins to Asheville. Close to shopping & lots of local restaurants, French Broad River, hiking and biking trails. Discover a peaceful lifestyle at this wonderful home, nestled at the end of the driveway for ultimate privacy. With all of the additional acreage and two areas mostly cleared, the possibilities are endless equestrian/farming etc. Inside you'll find a spacious open concept with lots of natural light. Functional kitchen with an island. The upper level features 2 bedrooms, a computer nook and laundry room. Updated whole house water filtration. Barn was constructed in 2013 could be made into barndominium with 1023 ft living space. This property was a former flower farm-no flow issues with the addition of two storm sewers and has been used as VRBO.

Last Agent to Sell the Property

Ruth Watts

Seller Solutions License #243059 Listed on: 06/17/2022

Last Buyer's Agent

David Stephens

NextHome Mountain Horizons License #287047

NextHome Mountain Horizons

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R-A, R-A

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Modern Architecture
  • Metal Roof

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Deck
  • Covered Patio or Porch

Schools

  • Madison Elementary And Middle School
  • Madison High School

Farming

  • Pasture

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Community Details

  • Road Maintenance Agreement Association
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9716-43-7335

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2007
  • Ratio Current Price By Acre: 49264.71
  • Restrictions: No Representation
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 343.59
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Hardwood
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 495
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 480
  • Porch: Covered,Deck,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Dual Flush Toilets, Electric Range, Exhaust Fan, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 975
  • Full Bathrooms: 1
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Tax Location: Marshall
  • Construction Type: Site Built
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Road Maintenance Agreement
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Madison
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 480.00

Lot Info

  • Lot Features: Orchard(s), Long Range View, Mountain View, Pasture, Rolling Slope, Creek/Stream, Views, Wooded, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 9716-43-7335
  • Lot Size: 0
  • Zoning Description: R-A
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.61168

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Madison
  • High School: Madison

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 22, 2022
Sold by
Bruggeman Douglas J
Bought by
Paulson Gordon E and Johnson Jessica L
Seller's Agent
Ruth Watts
Seller Solutions
Buyer's Agent
David Stephens
NextHome Mountain Horizons
List Price
$320,000
Sold Price
$335,000
Premium/Discount to List
$15,000
4.69%
Current Estimated Value
$432,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,939
Avg. Annual Appreciation
7.76%
Original Mortgage
$335,000
Outstanding Balance
$320,536
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$112,403

Purchase Details

Closed on
Nov 23, 2009
Sold by
Jones Josh D and Jones Kara K
Bought by
Bruggeman Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,582
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Todd John and Krall Susan
Bought by
Jones Josh D and Jones Kara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,250
Interest Rate
6.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Paulson Gordon E $335,000 Reed Law Firm Pc
Bruggeman Douglas J $23,800 None Available
Jones Josh D $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulson Gordon E $335,000
Previous Owner Bruggeman Douglas J $242,582
Previous Owner Jones Josh D $77,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $335,000 +4.7% $344 / Sq Ft
06/17/2022 06/17/22 For Sale $320,000 -- $328 / 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 $1,818 $331,269 $108,912 $222,357
2023 $1,332 $198,551 $77,417 $121,134
2022 $1,332 $198,551 $77,417 $121,134
2021 $1,332 $198,551 $77,417 $121,134
2020 $1,173 $198,551 $77,417 $121,134
2019 $942 $142,128 $61,958 $80,170
2018 $853 $0 $0 $0
2017 $853 $0 $0 $0
2016 $853 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $142,128 $61,958 $80,170
2013 -- $142,128 $61,958 $80,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3873882

Canopy MLS (Canopy Realtor® Association)

APN: 9716-43-7335