NOT LISTED FOR SALE

70 Summit Way Mars Hill, NC 28754

Estimated Value: $582,000 - $676,000

3 Beds
3.5 Baths
2,300 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2021

Last sale price $361,000 $157 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,824 / mo

1 Day on Market

Highlights

  • Ski Accessible
  • Spa
  • Vaulted Ceiling
  • Madison Middle School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of April 2021

Investor Alert! "La Dolce Vida" cabin in Scenic Wolf Resort. Gorgeous three bedroom three and a half bath three story on the western side of Scenic Wolf. Multi layer mountain views. This mountain home with a lodge feel conveys fully furnished, turnkey, and ready to go. Excellent rental history. End of street privacy. Fresh exterior stain just last year gives you years of maintenance free living. Over 1000 square feet of decks allows for enjoying sunsets from the lower level hot tub. Lower level has a pool table, video game console, fireplace, tv, fourth bed/bonus, and bar.
Rental history and 1099s available upon request.

Last Agent to Sell the Property

Keith Arnold

Nest Realty Asheville License #306583 Listed on: 01/21/2021

Nest Realty Asheville

Last Buyer's Agent

Emily Layton

Sauvé Collective License #235626

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 10,454

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Additional Features

  • Spa
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9861-08-4801

Community Details

Overview

  • Scenic Wolf Masters Association

Recreation

  • Community Indoor Pool
  • Ski Accessible

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

10,454 Sq Ft Lot

HOA Fees

$300 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.03172
  • Ratio Close Price By Original Li: 1.03172
  • Ratio Current Price By Acre: 1504166.67
  • Ratio Current Price By Sq Ft: 156.96
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Block
  • Upper Level Sq Ft: 500
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Propane, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs, Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Vaulted Ceiling, Wet Bar
  • Laundry Location: Basement
  • Room Count: 3
  • Lower Level Sq Ft: 900
  • Main Level Sq Ft: 900
  • Total Sq Ft: 2300

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Gravel
  • Parking: Garage - 3 Car, On-Street Parking

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Shared Well
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Indoor Pool, Ski Slopes
  • Association Fee: 900.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Scenic Wolf Masters Association
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Long Range View, Sloping, Steep, Views, Year Round View
  • Parcel Number: 9861-08-4801
  • Plat Book Slide: 5/318
  • Plat Reference Section Pages: 5/318
  • Zoning Specification: R-2

Tax Info

  • Tax Value: 259976.00
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 31, 2021
Sold by
Milam Dr Daniel and Milam Daniela Durante
Bought by
Cellitti Lewis B and Cellitti Anne Marie
Seller's Agent
Keith Arnold
Nest Realty Asheville
Buyer's Agent
Emily Layton
Sauvé Collective
List Price
$349,900
Sold Price
$361,000
Premium/Discount to List
$11,100
3.17%
Current Estimated Value
$627,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,360
Avg. Annual Appreciation
11.49%
Original Mortgage
$288,800
Outstanding Balance
$255,816
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,544

Purchase Details

Closed on
Sep 16, 2005
Sold by
Scenic Wolf Development Llc
Bought by
Milam Daniel and Durante Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,977
Interest Rate
5.86%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cellitti Lewis B $361,000 None Available
Milam Daniel $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cellitti Lewis B $288,800
Previous Owner Milam Daniel $70,977
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $361,000 +3.2% $157 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $349,900 -- $152 / Sq Ft
Source: Canopy MLS

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 $2,095 $425,495 $48,400 $377,095
2024 $2,095 $425,495 $48,400 $377,095
2023 $1,714 $259,976 $40,000 $219,976
2022 $1,714 $259,976 $40,000 $219,976
2021 $1,714 $259,976 $40,000 $219,976
2020 $1,714 $259,976 $40,000 $219,976
2019 $1,759 $249,899 $66,000 $183,899
2018 $1,524 $0 $0 $0
2017 $1,524 $0 $0 $0
2016 $1,524 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $249,899 $66,000 $183,899
2013 -- $249,899 $66,000 $183,899
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Keith Arnold

    Nest Realty Asheville

    (828) 747-9685

    1 in this area

    20 Total Sales

    Keith Arnold
    Section Image

  • E

    Buyer's Agent in 2021

    Emily Layton

    Sauvé Collective

    (828) 551-0874

    2 in this area

    24 Total Sales

    Emily Layton
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3699174

Canopy MLS

APN: 9861-08-4801

North Carolina Madison County Mars Hill 28754

70 Summit Way, Mars Hill, NC

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 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.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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