NOT LISTED FOR SALE

Estimated Value: $75,000 - $675,000

-- Bed
-- Bath
-- Sq Ft
0.51 Acres

Last Sold February 18, 2014

Last sale price $200,000

Est. 137% increase in value since last sale

Current estimated payment $2,632/month

94 Days on Market

Highlights

  • 1-Story Property
  • Level Lot
  • Carpet
  • Madison Middle School Rated A-

About This Home

As of February 2014

Mars Hill 4 plex walking distance to Mars Hill college. Good investment property with 4 units: 2 - 2bed 1ba, 2 - 3bed 2 bath. New paint and carpet in 2 units, 2 units occupied with tenants. Built in 1992 with over 4700 sqft on .51 acre with mountain view.

Last Agent to Sell the Property

Andrew Gage

License #206852 Listed on: 10/25/2013

Last Buyer's Agent

Joel Martin

RE/MAX Executive License #193078

RE/MAX Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 0.51

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 1-Story Property
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 9747657938

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.02564
  • Ratio Close Price By Original Li: 1.02564
  • Ratio Current Price By Acre: 392156.86
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Carpet
  • Sq Ft Basement: 2460

Exterior Features

  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer

Lot Info

  • Lot Features: Level, Mountain View, Sloping
  • Parcel Number: 9747657938
  • Plat Reference Section Pages: 1
  • Zoning Specification: OTH

Multi Family

  • Unit Count: 2
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 31, 2013
Sold by
Wells Fargo Bank Na
Bought by
Riddle Jeffrey
Seller's Agent
Andrew Gage
Buyer's Agent
Joel Martin
RE/MAX Executive
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%
Current Estimated Value
$473,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,172
Avg. Annual Appreciation
7.53%
Original Mortgage
$150,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2013
Sold by
Madison Properties Inc
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Riddle Jeffrey $200,000 None Available
Wells Fargo Bank Na $200,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riddle Jeffrey $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2014 02/18/14 Sold $200,000 +2.6% --
01/27/2014 01/27/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $195,000 -- --
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
2024 $1,823 $406,371 $27,846 $378,525
2023 $1,678 $299,649 $25,315 $274,334
2022 $1,678 $299,649 $25,315 $274,334
2021 $1,678 $299,649 $25,315 $274,334
2020 $1,678 $299,649 $25,315 $274,334
2019 $1,496 $242,991 $18,752 $224,239
2018 $1,264 $0 $0 $0
2017 $2,406 $0 $0 $0
2016 $2,406 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $242,991 $18,752 $224,239
2013 -- $242,991 $18,752 $224,239
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM550783

Canopy MLS (Canopy Realtor® Association)

APN: 9747-65-7938