$667,100
- 3 Beds
- 2.5 Baths
- 2,778 sqft (on 3.64 acres)
508 Shake Rag Rd, Mars Hill, NC 28754
Est. Refi. Payment $3,936/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 11, 2020 for $485,000
Home Value
Trulia Estimate
$667KSince last month
Increased$8K (+1.2%)Since last year
Decreased$32K (-4.5%)Since last sale
Increased$184K (+38%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +132% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $669K |
| August 2026 | $667K |
| July 2026 | $662K |
| June 2026 | $680K |
| May 2026 | $692K |
| April 2026 | $668K |
| March 2026 | $661K |
| February 2026 | $650K |
| January 2026 | $635K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.09 | Single-Family Home | $575,000 | 08/26/26 | 3 | 2.5 | 2,146 | |
0.93 | Single-Family Home | $439,000 | 09/02/26 | 2 | 1.5 | 1,024 | |
1.26 | Single-Family Home | $450,000 | 10/31/25 | 3 | 2 | 1,568 | |
1.69 | Single-Family Home | $681,760 | 12/11/25 | 2 | 3 | 1,838 | |
1.88 | Single-Family Home | $374,000 | 03/02/26 | 3 | 2 | 1,531 | |
2.20 | Single-Family Home | $602,000 | 11/21/25 | 3 | 2.5 | 2,450 | |
1.89 | Single-Family Home | $462,500 | 05/19/26 | 2 | 1,943 | ||
2.34 | Single-Family Home | $235,000 | 10/10/25 | 3 | 3.5 | 1,835 | |
2.07 | Single-Family Home | $648,000 | 06/04/26 | 3 | 2,801 | ||
2.68 | Single-Family Home | $305,000 | 01/28/26 | 3 | 2 | 1,583 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.67 | $250,000 | - | - | - | For Sale | |
0.67 | $320,000 | - | - | - | For Sale | |
0.65 | - | - | - | - | Off Market | |
0.65 | $734,200 | 3 | 3 | 3,899 | Off Market | |
0.69 | $50,000 | - | - | - | For Sale | |
0.67 | $301,400 | 3 | 1 | 1,404 | Off Market | |
0.70 | - | - | - | - | Off Market | |
0.71 | $721,900 | 3 | 3.5 | 3,922 | Off Market | |
0.77 | - | - | - | - | Off Market | |
0.84 | $70,000 | - | - | - | For Sale | |
0.89 | $395,000 | 4 | 2 | 2,001 | Recently Sold | |
0.92 | $245,800 | 3 | 2 | 1,362 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1991
3.64 acre lot
2,778 sqft
$240/sqft
Garage
About this House
Back up offers welcome! Your perfect mountain home or getaway! Charming Cape Cod with red metal roof, tucked into the trees on a gently sloping lot with easy access. Comfortable floor plan with master on the main level, remodeled kitchen, butler's pantry, and huge back deck to enjoy the quiet setting. Main level garage, and additional garage/workshop in the basement with separate driveway and garage door for easy access. Fenced back yard area for pets, and covered storage for firewood. Home has been meticulously cared for, and is ready for you to move in!
508 Shake Rag Rd, Mars Hill, NC 28754 is a 3 bedroom, 3 bathroom, 2,778 sqft single-family home built in 1991. It last sold for $485,000 on Dec 11, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $667,100, with a rent estimate of $2,838/month.
Home Details for 508 Shake Rag Rd
|
|---|
Interior Details BasementTypes of Rooms: Walk In Closet |
Heating & Cooling Heating: Heat Pump, GasHeating Fuel: Heat Pump |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood, Laminate |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
|---|
Exterior Home Features Roof: MetalDeckExterior: WoodFoundation Type: Footing |
Parking & Garage GarageParking: Garage Attached |
|
|---|
Year Built Year Built: 1991 |
Property Type / Style Property Type: Single Family HomeArchitecture: Cape Cod |
|
|---|
Lot Area: 3.64 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 11, 2020 Source: Canopy MLS as distributed by MLS GRID #3680837 | Sold | $485,000 |
Nov 13, 2020 Source: Agent Provided | Pending | $475,000 |
Nov 9, 2020 Source: Agent Provided | Listed For Sale | $475,000 |
May 21, 2019 Source: Canopy MLS as distributed by MLS GRID #3497965 | Sold | $438,000 |
May 2, 2019 Source: Agent Provided | Pending | $445,000 |
May 2, 2019 Source: Agent Provided | PriceChange | $445,000 Price increased by 0% |
Apr 7, 2019 Source: Agent Provided | Listed For Sale | $444,500 |
Apr 18, 2013 Source: Agent Provided | ListingRemoved | $350,000 |
Apr 15, 2013 Source: Canopy MLS as distributed by MLS GRID #NCM522912 | Sold | $332,500 |
Jul 25, 2012 Source: Agent Provided | Listed For Sale | $350,000 |
Jun 1, 2012 Source: Agent Provided | ListingRemoved | $399,000 |
Jan 19, 2012 Source: Agent Provided | PriceChange | $399,000 Price decreased by 0% |
May 12, 2011 Source: Agent Provided | Listed For Sale | $400,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,617 | $541,451 |
Home facts updated by county records
Market trends in Mars Hill
Last updated August 2026
Avg. sale price
โ
Sale-to-List Price
โ
Price per sq ft
โ
Available listings
96
8MoM
Around this home
What Locals Say about Mars Hill
At least 21 Trulia users voted on each feature.
93 % Say car is needed
92 % Say yards are well-kept
82 % Say parking is easy
79 % Say people would walk alone at night
79 % Say there's wildlife
76 % Say there's holiday spirit
76 % Say it's dog friendly
64 % Say kids play outside
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
54 % Say it's quiet
50 % Say there are sidewalks
50 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
37 % Say there are community events
35 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 508 Shake Rag Rd
- What is 508 Shake Rag Rd estimated to be worth?Trulia's estimated value for 508 Shake Rag Rd in Mars Hill, NC is $667,100.
- What is the price history for 508 Shake Rag Rd?508 Shake Rag Rd in Mars Hill, NC last sold for $485,000 in December 2020.
- Is Mars Hill a buyer's or seller's market?Mars Hill is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Mars Hill?Residents describe Mars Hill, NC as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Mars Hill, NC.
- Does 508 Shake Rag Rd have laundry facilities?Yes, 508 Shake Rag Rd in Mars Hill, NC has in-unit laundry.
- How big is the lot at 508 Shake Rag Rd?The lot at 508 Shake Rag Rd in Mars Hill, NC is about 3.6 acres.

