NOT LISTED FOR SALE

672 Chestnut Ln Unit 123/124 Mars Hill, NC 28754

Estimated Value: $283,000 - $417,000

2 Beds
2 Baths
1,282 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $140,000 $109 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $2,121/month

250 Days on Market

Highlights

  • Ski Accessible
  • Equestrian Center
  • Gated Community
  • Golf Course Community
  • Fitness Center
  • Open Floorplan

About This Home

As of May 2018

Classic A Frame Chalet, over 2 Ac w/ babbling creek, mountain views, & metal roof, in a very private setting, wrap around deck w/ composite flooring. Great Rm features open beam, T & G Ceiling w/ window wall, stone hearth & wood stove, 3 inch White Oak flooring, & DBL French Doors w/ full glass, to deck, galley style kitchen has Kenmore Appls. The Main level has the master suite and another full bath. Loft level could function as bedroom w/ half bath, office space, exercise area, etc.

Last Agent to Sell the Property

Tom Ploski

Black Bear Realty, Inc. License #250424 Listed on: 07/22/2017

Last Buyer's Agent

Amy Walker

NextHome Partners License #245117

NextHome Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • Home fronts a stream
  • Private Lot

HOA Fees

  • $141 Monthly HOA Fees

Home Design

  • A-Frame Home

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Wood Burning Stove
  • Crawl Space
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Parking

  • Circular Driveway
  • Gravel Driveway

Additional Features

  • Pond
  • Equestrian Center
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 986202554930000
  • Tax Block Sh1/Bl3

Community Details

Overview

  • 828 689 9229 Association, Phone Number (828) 680-9162

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails
  • Ski Accessible

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

HOA Fees

$141 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: A-Frame
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93960
  • Ratio Close Price By Original Li: 0.80046
  • Ratio Current Price By Acre: 67961.17
  • Ratio Current Price By Sq Ft: 109.20
  • Year Built: 1982
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block, Crawl Space
  • Upper Level Sq Ft: 286
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Woodstove
  • Fireplace: Yes
  • Flooring: Vinyl, Wood
  • H O A Management Phone: 828 680 9162
  • Interior Amenities: Breakfast Bar, Cable Available, Cathedral Ceiling(s), Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 996
  • Total Sq Ft: 1282

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Circular, Gravel
  • Parking: Driveway

Utilities

  • Heating: Electric Baseboard Heat, Woodstove
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Playground, Pond, Outdoor Pool, Recreation Area, Security, Ski Slopes, Tennis Court(s), Walking Trails
  • Association Fee: 1697.64
  • Association Fee Frequency: Annually
  • HOA Management Company: 828 689 9229
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Mountain View, Private, Rolling, Stream/Creek, Views, Winter View, Year Round View
  • Lot Size Area: 2.060
  • Parcel Number: 986202554930000
  • Plat Book Slide: 2/56
  • Plat Reference Section Pages: 620/507
  • Zoning: Residential
  • Zoning Specification: R2

Tax Info

  • Tax Value: 150000.00
  • Tax Amount Ncm: 975.00
  • Tax Block: Sh1/Bl3
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Bafia Joseph Andrew and Bafia Natalia
Bought by
Lennon Corey D and Richardson Crystal R
Current Estimated Value
$350,458

Purchase Details

Listed on
Jul 22, 2017
Closed on
May 4, 2018
Sold by
Gilliam Timothy R and Gilliam Laure J
Bought by
Bafia Joseph and Bafia Natalia
Seller's Agent
Tom Ploski
Black Bear Realty, Inc.
Buyer's Agent
Amy Walker
NextHome Partners
List Price
$174,900
Sold Price
$140,000
Premium/Discount to List
-$34,900
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.20%
Original Mortgage
$126,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2009
Sold by
Bryant Michael G and Bryant Tamara L
Bought by
Gilliam Timothy R and Gilliam Laure J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,499
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Bryant Michel G and Bryant Tamara L
Bought by
Bryant Michael G and Bryant Tamara L
Source: Public Records

Range of Values:

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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
Lennon Corey D $255,000 None Listed On Document
Bafia Joseph $140,000 --
Bafia Joseph $140,000 --
Gilliam Timothy R $169,000 --
Bryant Michael G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bafia Joseph $126,000
Previous Owner Gilliam Timothy R $124,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2018 05/21/18 Sold $140,000 -20.0% $109 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
07/22/2017 07/22/17 For Sale $174,900 -- $136 / 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
2025 $1,463 $256,700 $108,400 $148,300
2024 $1,463 $256,700 $108,400 $148,300
2023 $975 $150,000 $58,000 $92,000
2022 $956 $150,000 $58,000 $92,000
2021 $975 $150,000 $58,000 $92,000
2020 $975 $150,000 $58,000 $92,000
2019 $975 $150,000 $58,000 $92,000
2018 $975 $150,000 $58,000 $92,000
2017 $975 $150,000 $58,000 $92,000
2016 $975 $150,000 $58,000 $92,000
2015 $789 $143,450 $45,700 $97,750
2014 $789 $143,450 $45,700 $97,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3304019

Canopy MLS (Canopy Realtor® Association)

APN: 986202554930.000