NOT LISTED FOR SALE

722 Phacelia Ln Unit Multi Mars Hill, NC 28754

Estimated Value: $750,794 - $975,000

2 Beds
3.5 Baths
2,774 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $526,000 $190 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,013/month

126 Days on Market

Highlights

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

About This Home

As of December 2021

Impeccably maintained, spacious, airy cabin with two creeks, and a complete basement apartment with second kitchen and separate entrance. Gracious oak floors, with tile kitchen and baths, carpeted bedrooms. Massive, wood burning fireplace on main, with wood stove in lower apartment. All upgraded appliances in kitchen and W/D. There are decks on all three levels, and a basement garage, and metal roof. The location is exceedingly private, in a less developed area of Wolf Laurel. The price is ready to go. Most amenities are by separate, voluntary membership. Non brokers must be accompanied by Realtor to gain access through security gate.

Last Agent to Sell the Property

Connie Carver

Wolf Mountain Realty, Inc. License #178652 Listed on: 06/10/2021

Last Buyer's Agent

Margie Smith

Looking Glass Realty AVL LLC License #320504

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Home fronts a stream
  • Private Lot
  • Many Trees

HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Cabin

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Outdoor Features

  • Pond
  • Creek On Lot
  • Terrace

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number Multi See Tax PDFs on MLS

Community Details

Overview

  • Wl Rms Association, Phone Number (828) 680-9162
  • Built by Wallin Builders

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Additional Features

  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00190
  • Ratio Close Price By Original Li: 1.00190
  • Ratio Current Price By Acre: 178911.56
  • Ratio Current Price By Sq Ft: 189.62
  • Special Assessment Description: 70.00
  • Special Assessment Yn: Yes
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 406
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 2
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Gas Oven, Gas Range, Microwave, Propane, Refrigerator, Washer
  • Fireplace Description: Great Room, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 828 680 9162
  • Interior Amenities: Breakfast Bar, Built-Ins, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Split BR Plan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 811
  • Main Level Sq Ft: 1557
  • Total Sq Ft: 2774

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Terrace

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 2 Car
  • Sq Ft Garage: 400

Utilities

  • Heating: Gas Hot Air Furnace, No A/C, Propane
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: g-On-Demand Water Heater, Propane

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Equestrian Trails, Fitness Center, Gated Community, Golf Course, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Security, Ski Slopes, Tennis Court(s), Walking Trails
  • Association Fee: 1083.50
  • Association Fee Frequency: Annually
  • HOA Management Company: WL RMS
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 175.00
  • Association #2 Fee Frequency: Annually

Schools

  • Middle Or Junior School: Unspecified

Lot Info

  • Lot Features: Creekfront, Mountain View, Private, Stream/Creek, Trees, Views, Year Round View
  • Parcel Number: Multi See Tax PDFs on MLS
  • Plat Book Slide: 2/53
  • Plat Reference Section Pages: 2/53
  • Zoning Specification: R2

Building Info

  • Builder Name: Wallin Builders

Tax Info

  • Tax Value: 234880.00
  • Tax Location: Mars Hill

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Nov 29, 2021
Sold by
Churchill Jeff and Alcyone H Churchill Revocable Living Tru
Bought by
Pelkey Steven J and Pelkey Geraldine G
Seller's Agent
Connie Carver
Wolf Mountain Realty, Inc.
Buyer's Agent
Margie Smith
Looking Glass Realty AVL LLC
List Price
$525,000
Sold Price
$526,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$870,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,699
Avg. Annual Appreciation
13.01%
Original Mortgage
$420,800
Outstanding Balance
$386,124
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$484,575

Purchase Details

Closed on
Apr 13, 1994
Bought by
Churchill, Alcyone Haas Trustee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pelkey Steven J $527,000 None Listed On Document
Churchill, Alcyone Haas Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelkey Steven J $420,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $526,000 +0.2% $190 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $525,000 0.0% $189 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $525,000 -- $189 / 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 $4,631 $812,500 $120,700 $691,800
2024 $4,631 $812,500 $120,700 $691,800
2023 $1,527 $234,900 $64,600 $170,300
2022 $1,496 $234,900 $64,600 $170,300
2021 $1,479 $227,480 $57,200 $170,280
2020 $1,479 $227,480 $57,200 $170,280
2019 $1,479 $227,480 $57,200 $170,280
2018 $1,479 $227,480 $57,200 $170,280
2017 $1,479 $227,480 $57,200 $170,280
2016 $1,479 $227,480 $57,200 $170,280
2015 $1,275 $231,730 $62,000 $169,730
2014 $1,275 $231,730 $62,000 $169,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3748542

Canopy MLS (Canopy Realtor® Association)

APN: 986202686843.000