NOT LISTED FOR SALE

107 Wild Cherry Ln Old Fort, NC 28762

Estimated Value: $399,000 - $503,452

2 Beds
2 Baths
1,200 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $358,000 $298 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,758/month

193 Days on Market

Highlights

  • Waterfall on Lot
  • Deck
  • Wooded Lot
  • Community Lake
  • Family Room with Fireplace
  • Recreation Facilities

About This Home

As of October 2021

Completely warm and inviting home with views and privacy in Gateway Mountain. Upper and lower deck areas overlook your 3.5 acres of woods with the mountains beyond. Currently functions as a 3 bedroom or make yourself a home office. With interior access from the main level you will find a mostly finished walkout basement that adds to the functionality of this mountain retreat. Gateway Mountain is a quaint and well spaced privately gated community. It's natural features have been left undisturbed for a true experience of North Carolina mountain living. Within walking distance to the cabin there is a lovely fishing lake and waterfall to enjoy.

Last Agent to Sell the Property

Brandon Manuele

GreyBeard Realty License #322925 Listed on: 02/18/2021

Last Buyer's Agent

Rachel Sudnik

GreyBeard Realty License #292562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 2001

Lot Details

  • Wooded Lot
  • Zoning described as 121

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Waterfall on Lot

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-85-1473

Community Details

Overview

  • Gateway Mountain Poa, Phone Number (828) 668-7878
  • Gateway Mountain Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,745

Year Built

Built in 2001

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2001
  • Ratio Current Price By Acre: 100561.80
  • Restrictions: Short Term Rental Allowed
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: Road paving $920
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1200
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 680
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 680
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Balcony,Covered,Deck,Front
  • Fixture Exception Description: one porch swing
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Living Area: 1200
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Tax Location: McDowell
  • Construction Type: Site Built
  • Waterfront Elevation: 1500
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump, Propane
  • Sewer: Septic Installed
  • Water Heater: Propane
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Recreation Area, Walking Trails
  • Association Fee: 1124
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Gateway Mountain POA
  • Phone: 828-668-7878
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: gatewaypoa@yahoo.com

Lot Info

  • Lot Features: Mountain View, Waterfall, Wooded
  • Lot Size Area: 3.56
  • Lot Size Units: Acres
  • Parcel Number: 0656-00-85-1473
  • Zoning Description: 121

Tax Info

  • RATIO List Price By Tax Amount: 1.27801

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Steward Timothy E and Reynolds Miriam Britt
Bought by
Timothy Steward Living Trust and Steward
Current Estimated Value
$461,113

Purchase Details

Listed on
Feb 18, 2021
Closed on
Oct 15, 2021
Sold by
Sellers Lara Grace and Dunbar Aleta Diane
Bought by
Steward Timothy E
Seller's Agent
Brandon Manuele
GreyBeard Realty
Buyer's Agent
Rachel Sudnik
GreyBeard Realty
List Price
$369,000
Sold Price
$358,000
Premium/Discount to List
-$11,000
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$232,700
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2019
Sold by
Sellers Lara Grace and Estate Of Richard Kent Sellers
Bought by
Sellers Lara Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 1, 2001
Bought by
Sellers Richard Kent
Source: Public Records

Range of Values:

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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
Timothy Steward Living Trust -- None Listed On Document
Steward Timothy E $358,000 First American Mortgage Sln
Steward Timothy E $358,000 None Listed On Document
Sellers Lara Grace -- None Available
Sellers Richard Kent $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steward Timothy E $232,700
Previous Owner Estate Of Richard Kent Sellers $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2021 10/19/21 Sold $358,000 -3.0% $298 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $369,000 0.0% $308 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/26/2021 05/26/21 Price Changed $369,000 -5.1% $308 / Sq Ft
02/18/2021 02/18/21 For Sale $389,000 -- $324 / 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 $2,745 $404,900 $50,000 $354,900
2023 $2,745 $404,900 $50,000 $354,900
2022 $1,986 $288,730 $50,000 $238,730
2021 $1,986 $288,730 $50,000 $238,730
2020 $2,015 $288,730 $0 $0
2019 $2,015 $185,290 $0 $0
2017 $1,187 $185,290 $0 $0
2016 $1,187 $185,290 $50,000 $135,290
2014 $1,130 $185,290 $50,000 $135,290
2013 -- $185,290 $50,000 $135,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3709632

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-85-1473