NOT LISTED FOR SALE

1052 Wolf Pen Rd Old Fort, NC 28762

Estimated Value: $302,000 - $459,000

2 Beds
2 Baths
1,289 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 01, 2019

Last sale price $244,000 $189 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,387/month

25 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Wood Flooring
  • Community Lake
  • Ranch Style House
  • Recreation Facilities

About This Home

As of November 2019

Immaculate cottage in serene and private gated community. A true mountain getaway. This peaceful cottage in the woods is not only spotless, it is also rock solid. Brand new doors, trim and flashing, Superior Wall foundation construction, upgraded water filtration system just because the seller goes above and beyond on everything, radon mitigation system in place. Gateway Mountain features a gated community, waterfall in the development, stocked fishing lake and dock, wildlife around every corner, and a wonderful community connection and atmosphere. Live between Lake Lure and Old Fort with Catawba Falls and Marion close by. Skyrunner available for internet. Finish the basement with it's own private entrance to double your square footage and a bathroom already plumbed. Chimney recently swept with custom draft installed and septic recently pumped. Welcome home to your new mountain cottage.

Last Agent to Sell the Property

Scott Angelo

EXP Realty LLC License #285173 Listed on: 08/02/2019

EXP Realty LLC

Last Buyer's Agent

Duane Hoover

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #299160

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Private Lot
  • Corner Lot
  • Many Trees

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Arts and Crafts Architecture

Interior Spaces

  • Wood Burning Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 066600166286

Community Details

Overview

  • Darlene Nolen Association, Phone Number (828) 668-7878
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$90 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts, Ranch
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00536
  • Ratio Close Price By Original Li: 1.00536
  • Ratio Current Price By Acre: 95312.50
  • Ratio Current Price By Sq Ft: 189.29
  • Special Assessment Description: 200 Annually
  • Special Assessment Yn: Yes
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dryer, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Washer, Propane, Radon Mitigation System, Gas Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • H O A Management Phone: 828-668-7878
  • Interior Amenities: Garden Tub, Kitchen Island, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1289
  • Total Sq Ft: 1289
  • Sq Ft Unheated Basement: 966
  • Sq Ft Unheated Total: 966

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Gas, Propane

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Recreation Area, Walking Trails
  • Association Fee: 1079.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Darlene Nolen
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Corner Lot, Lake Access, Private, Trees, Views, Winter View
  • Lot Size Area: 2.560
  • Parcel Number: 066600166286
  • Plat Book Slide: 6/42
  • Plat Reference Section Pages: 6/42
  • Zoning Specification: Res

Tax Info

  • Tax Value: 211840.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Oct 27, 2019
Sold by
Lehew Cynthia S
Bought by
Mitchell Geraldine Karen and King John Patrick
Seller's Agent
Scott Angelo
EXP Realty LLC
Buyer's Agent
Duane Hoover
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
List Price
$242,700
Sold Price
$244,000
Premium/Discount to List
$1,300
0.54%
Current Estimated Value
$396,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,952
Avg. Annual Appreciation
8.67%
Original Mortgage
$223,443
Outstanding Balance
$197,382
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$199,570

Purchase Details

Listed on
Mar 27, 2016
Closed on
Aug 31, 2016
Sold by
Penkava Roberta
Bought by
Lehew Cynthia S
Seller's Agent
David Gilhart
Gateway Mountain Properties
Buyer's Agent
Scott Angelo
EXP Realty LLC
List Price
$217,000
Sold Price
$199,500
Premium/Discount to List
-$17,500
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$162,800
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Murray Frederick A and Murray Denise D
Bought by
Penkava Roberta
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
Mitchell Geraldine Karen $244,000 None Available
Lehew Cynthia S $204,000 None Available
Penkava Roberta $44,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easom David Matthew $58,400
Closed Mitchell Geraldine Karen $23,616
Open Mitchell Geraldine Karen $223,443
Previous Owner Lehew Cynthia S $162,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2019 11/01/19 Sold $244,000 +0.5% $189 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $242,700 +21.7% $188 / Sq Ft
09/07/2016 09/07/16 Sold $199,500 0.0% $160 / Sq Ft
09/07/2016 09/07/16 Sold $199,500 -8.1% $160 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
08/01/2016 08/01/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $217,000 +8.8% $174 / Sq Ft
03/23/2015 03/23/15 For Sale $199,500 -- $160 / 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
2024 $1,809 $266,740 $50,000 $216,740
2023 $1,809 $266,740 $50,000 $216,740
2022 $1,457 $211,840 $50,000 $161,840
2021 $1,457 $211,840 $50,000 $161,840
2020 $1,479 $211,840 $0 $0
2019 $1,479 $208,590 $0 $0
2017 $1,336 $208,590 $0 $0
2016 $1,336 $208,590 $40,000 $168,590
2014 $1,272 $208,590 $40,000 $168,590
2013 -- $208,590 $40,000 $168,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3526556

Canopy MLS (Canopy Realtor® Association)

APN: 0666-00-16-6286