NOT LISTED FOR SALE

989 Bailey St Mars Hill, NC 28754

Estimated Value: $423,000 - $535,000

6 Beds
3 Baths
2,900 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $273,500 $94 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,607/month

8 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attic Fan
  • Madison Middle School Rated A-
  • Fireplace
  • Level Lot

About This Home

As of May 2019

Classic 1948 farm style home within a mile of the University and downtown Mars Hill. Upstairs has 10' ceilings, hardwood floors and lots of windows allowing you to soak up all the warm wonderful sunshine. Fenced in back yard where your pets can safely romp and play. It offers an awesome covered front porch for chillin and grillin. Separate living quarters downstairs with 3 bedrooms, 2 baths and has it's own outside access. Rental or inlaw possibilities. Country living with easy access to Weaverville and Asheville.

Last Agent to Sell the Property

Bill Eckstadt

New Horizons Realty License #168328 Listed on: 03/15/2019

Last Buyer's Agent

Robin Cape

EXP Realty LLC License #296861

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9747783866

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94473
  • Ratio Close Price By Original Li: 0.94473
  • Ratio Current Price By Acre: 547000.00
  • Ratio Current Price By Sq Ft: 94.31
  • Year Built: 1948
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Cable Available
  • Laundry Location: Main, Basement
  • Room Count: 2
  • Sq Ft Basement: 1450
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 2900

Exterior Features

  • Construction: Aluminum
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Natural Gas, Radiant Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Paved Frontage
  • Parcel Number: 9747783866
  • Plat Reference Section Pages: 330
  • Zoning Specification: RA

Tax Info

  • Tax Value: 95276.00
  • Tax Location: Mars Hill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Hannifin Margaret Jane
Bought by
Margaret Jane Hannifin Revocable Trust and Hannifin
Current Estimated Value
$477,128

Purchase Details

Closed on
Aug 26, 2021
Sold by
Hannifin Margaret Jane
Bought by
Hannifin Margaret Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
2.87%

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 2, 2019
Sold by
Wright Kathleen A
Bought by
Hannifin Margaret Jane
Seller's Agent
Bill Eckstadt
New Horizons Realty
Buyer's Agent
Robin Cape
EXP Realty LLC
List Price
$289,500
Sold Price
$273,500
Premium/Discount to List
-$16,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$180,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2019
Closed on
Apr 15, 2019
Sold by
Wright Patrick O
Bought by
Wright Kathleen A
Seller's Agent
Bill Eckstadt
New Horizons Realty
Buyer's Agent
Robin Cape
EXP Realty LLC
List Price
$289,500
Sold Price
$273,500
Premium/Discount to List
-$16,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2012
Closed on
Dec 7, 2012
Sold by
Helton Sarah A
Bought by
Wright Patrick O and Wright Kathleen A
Buyer's Agent
Stacey Johnson
Laurel River Realty/Rentals
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$138,500
Interest Rate
3.44%
Mortgage Type
VA
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
Margaret Jane Hannifin Revocable Trust -- Chicago Title
Margaret Jane Hannifin Revocable Trust -- Chicago Title
Hannifin Margaret Jane -- Accommodation
Hannifin Margaret Jane $280,000 None Available
Wright Kathleen A -- None Available
Wright Patrick O $138,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannifin Margaret Jane $173,500
Previous Owner Hannifin Margaret Jane $180,000
Previous Owner Wright Patrick O $138,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $273,500 -5.5% $94 / Sq Ft
03/23/2019 03/23/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $289,500 +114.4% $100 / Sq Ft
12/14/2012 12/14/12 Sold $135,000 -12.9% $50 / Sq Ft View Prior Sale
10/05/2012 10/05/12 Pending -- -- --
03/19/2012 03/19/12 For Sale $155,000 -- $57 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,522 $372,759 $42,900 $329,859
2023 $1,563 $276,613 $39,000 $237,613
2022 $1,563 $276,613 $39,000 $237,613
2021 $1,563 $276,613 $39,000 $237,613
2020 $1,563 $276,613 $39,000 $237,613
2019 $684 $95,276 $18,600 $76,676
2018 $495 $0 $0 $0
2017 $943 $0 $0 $0
2016 $943 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $95,276 $18,600 $76,676
2013 -- $95,276 $18,600 $76,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3483427

Canopy MLS (Canopy Realtor® Association)

APN: 9747-78-3866