tomo logo

$370,000

Beds
3
Baths
2.0
sq ft
1,901

609 Bailey Street, Mars Hill, NC 28754

609 Bailey Street

Mars Hill, NC 28754

  • 12 days on market
College town convenience meets charming home and rental opportunity! This delightful 3-bedroom, 2-bathroom house offers the perfect blend of comfort and investment potential. Located just a 2-minute stroll from Mars Hill College, it's ideally positioned for rental possibilities. The versatile layout includes a basement with its own exterior entrance—perfect for creating a separate apartment space. Outdoor enthusiasts will appreciate the fenced yard, providing security pets and gatherings. The primary bedroom offers a peaceful retreat after busy days. Enjoy small-town living with the added benefit of potential rental income in this well-situated Mars Hill property. Sellers are offering a $5,000 seller credit for updates!

Details

Property type

Single Family Residence

Est. home value

$325,815

Lot size

Unknown

Price per sq ft

$195

Year built

1960

Price History

03/28/2025
CanopyMLS

CanopyMLS #4238356

Listed
$370,000
-2.63%
04/15/2024
CanopyMLS

CanopyMLS #4114694

Removed
$380,000
03/30/2024
CanopyMLS

CanopyMLS #4114694

Price change
$380,000
-5%

Schools & Community

Elementary school: 

Mars Hill

Middle school: 

Madison

High school: 

Madison

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

September 2023

Original loan amount

$256,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

New Conventional, 30 year

Seller

Micah Taylor and Heidi Taylor

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/10/2025 at 8:10 AM

Listing updated: 03/29/2025 at 5:06 AM

Listed by: Alisha Nesbitt, Noble & Company Realty Phone #: (828) 337-6980

MLS: CanopyMLS #4238356

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