NOT LISTED FOR SALE

81 Old Mars Hill Hwy Weaverville, NC 28787

Estimated Value: $237,000 - $359,000

2 Beds
1 Bath
1,005 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $250,000 $249 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,734/month

Highlights

  • Wood Flooring
  • Cottage
  • Fireplace
  • North Windy Ridge School Rated A-
  • Separate Outdoor Workshop
  • Breakfast Bar

About This Home

As of November 2020

Adorable updated cottage on .5+ acre lot with creek and zoned Open Use with multiple potential building sites. Conveniently located 2.5 miles to downtown Weaverville and 12 miles to downtown Asheville. Great for a hobby farm, short- or long-term rental, or commercial business space. Bonus space with a full bathroom in the basement not included in square footage. The accessory building (additional 448 unheated square feet) has updated electrical and 100 amp power and would make a fantastic home office, commercial space, yoga studio, artist studio, etc. Roof, windows, and HVAC are six years old. New flooring, interior and exterior paint, and countertops. Ability to purchase furnished. TWO PINS#'s: 9743 49 9601 00000 and 9743 49 9764 00000

Last Agent to Sell the Property

Laura Moye

Mosaic Community Lifestyle Realty License #253714 Listed on: 09/18/2020

Last Buyer's Agent

Melissa Gyldstrand

Keller Williams Great Smokies License #287579

Keller Williams Great Smokies

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • Home fronts a stream
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9743-49-9764

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.02041
  • Ratio Close Price By Original Li: 1.02041
  • Ratio Current Price By Acre: 454545.45
  • Ratio Current Price By Sq Ft: 248.76
  • Year Built: 1936
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Fan, Refrigerator, Washer
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Exterior Connected
  • Second Living Quarters Hla: 253
  • Sq Ft Additional: 253
  • Main Level Sq Ft: 1005
  • Total Sq Ft: 1005

Exterior Features

  • Construction: Concrete Block, Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Outbuilding, Workshop

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Stream/Creek, Trees
  • Parcel Number: 9743-49-9764
  • Zoning Specification: OU

Tax Info

  • Tax Value: 135300.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2020
Closed on
Nov 3, 2020
Sold by
Bauer Christopher D and Bauer Jessica M
Bought by
Hillis Lance Randel and Teasley Hannah Elizabeth
Seller's Agent
Laura Moye
Mosaic Community Lifestyle Realty
Buyer's Agent
Melissa Gyldstrand
Keller Williams Great Smokies
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$314,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,200
Avg. Annual Appreciation
4.69%
Original Mortgage
$222,860
Outstanding Balance
$198,222
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$115,978

Purchase Details

Closed on
Feb 15, 2019
Sold by
Malacarne Cooke Madonna Marian and Malacarne Cooke Madonna Marian
Bought by
Bauer Christopher D and Bauer Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2015
Sold by
Cooke John D
Bought by
Malacarne Cooke Madonna M and Malacarne Cooke

Purchase Details

Listed on
May 22, 2012
Closed on
Jul 15, 2013
Sold by
Harris Pamala A and Harris David L
Bought by
Cooke John Douglas and Malacarne Cooke Madonna Marian
Seller's Agent
Richard Pressley
Keller Williams Professionals
Buyer's Agent
Bob Gilkeson
RE/MAX Executive
List Price
$119,900
Sold Price
$75,000
Premium/Discount to List
-$44,900
-37.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$73,641
Interest Rate
3.75%
Mortgage Type
FHA
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
Hillis Lance Randel $250,000 None Available
Bauer Christopher D $180,000 None Available
Malacarne Cooke Madonna M -- --
Malacarne Cooke Madonna Marian -- --
Cooke John Douglas $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillis Lance Randel $222,860
Previous Owner Bauer Christopher D $144,000
Previous Owner Cooke John Douglas $73,641
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2020 11/09/20 Sold $250,000 +2.0% $249 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $245,000 +226.7% $244 / Sq Ft
07/15/2013 07/15/13 Sold $75,000 -37.4% $89 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
05/22/2012 05/22/12 For Sale $119,900 -- $143 / 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 $1,073 $167,600 $14,700 $152,900
2024 $1,073 $167,600 $29,700 $137,900
2023 $1,073 $167,600 $29,700 $137,900
2022 $998 $167,600 $29,700 $137,900
2021 $998 $167,600 $0 $0
2020 $878 $135,300 $0 $0
2019 $878 $135,300 $0 $0
2018 $878 $135,300 $0 $0
2017 $881 $106,500 $0 $0
2016 $763 $106,500 $0 $0
2015 $763 $106,500 $0 $0
2014 $381 $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654941

Canopy MLS (Canopy Realtor® Association)

APN: 9743-49-9764-00000