NOT LISTED FOR SALE

1142 Gateway Pkwy Unit 717 Old Fort, NC 28762

Estimated Value: $521,000 - $881,000

3 Beds
2 Baths
1,628 Sq Ft
$441/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $370,000 $227 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,405/month

33 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Cathedral Ceiling
  • Mountain View
  • Wooded Lot
  • Wood Flooring

About This Home

As of January 2016

You will fall in love with this beautiful log home that has the most gorgeous year round views south to Lake Lure. The owners have very lightly used this well maintained home as a vacation home. Would make an excellent full time residence or a rental. All the fine appliances, furniture, furnishings, etc. convey with the sale price with only a few personal property exclusions. Enjoy all the meticulous landscaping and the new patio. The unfinished basement is ready for you to personalize.

Last Agent to Sell the Property

Mike Cowal

Mike Cowal, Broker Brokerage Email: mikecowal49@yahoo.com License #153057 Listed on: 10/11/2015

Last Buyer's Agent

Joel Martin

RE/MAX Executive License #193078

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 2000

Lot Details

  • 4.09 Acre Lot
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Rustic Architecture
  • Slab Foundation
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Parking

  • Garage
  • Basement Garage
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Old Fort Elementary School

Utilities

  • Air Filtration System
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 065600596334

Community Details

Overview

  • Darlen Nolen Association, Phone Number (828) 668-7878
  • Gateway Mountain Subdivision, Log Cabin Floorplan
  • Mandatory home owners association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,149

Year Built

Built in 2000

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 2000
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: road paving
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 227.27
  • Attribution Contact: mikecowal49@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1232
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1232
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1232
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 396
  • Appliances: Dryer, Electric Water Heater, Exhaust Fan, Exhaust Hood, Filtration System, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1628
  • Has Basement: Basement, Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning Stove
  • Living Area: 1628
  • Bedroom Main: 2
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Features: Lake
  • Waterfront Elevation: 2500
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Wrap Around

Garage/Parking

  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Heat Pump
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Walking Trails
  • Association Fee: 899
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Darlen Nolen
  • Phone: 828-668-7878
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 4.09
  • Lot Size Units: Acres
  • Parcel Number: 065600596334
  • Plat Reference Section Pages: 879
  • Lot Size Acres: 4.09
  • Lot Size Sq Ft: 178160
  • Zoning Description: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: none

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Old Fort
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Gillen James L and Gillen Lyal J
Bought by
Haddix Steven D and Haddix Jane C
Current Estimated Value
$746,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$444,310
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$269,823

Purchase Details

Closed on
Mar 4, 2020
Sold by
Gillen James L and Gillen Lyal J
Bought by
Gillen James L and Gillen Lyal J

Purchase Details

Listed on
Oct 11, 2015
Closed on
Jan 14, 2016
Sold by
Wood Louis R and Wood Jane Ellen
Bought by
Gillen James L and Gillen Lyal J
Seller's Agent
Mike Cowal
Mike Cowal, Broker
Buyer's Agent
Joel Martin
RE/MAX Executive
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$296,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2012
Sold by
Wood L R and Wood Jane K
Bought by
Wood Louis R and Wood Jane Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,100
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Santosusso John E and Santosusso Linda M
Bought by
Wood L R and Wood Jane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.22%
Mortgage Type
New Conventional
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
Haddix Steven D $600,000 None Available
Gillen James L -- None Available
Gillen James L $370,000 None Available
Wood Louis R -- None Available
Wood L R $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haddix Steven D $480,000
Previous Owner Gillen James L $296,000
Previous Owner Wood Louis R $300,100
Previous Owner Wood L R $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2016 01/14/16 Sold $370,000 -3.9% $227 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/11/2015 10/11/15 For Sale $385,000 -- $236 / 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 $3,149 $464,430 $125,000 $339,430
2023 $3,149 $464,430 $125,000 $339,430
2022 $2,571 $373,680 $125,000 $248,680
2021 $2,571 $373,680 $125,000 $248,680
2020 $2,608 $373,680 $0 $0
2019 $2,608 $290,530 $0 $0
2017 $1,861 $290,530 $0 $0
2016 $1,861 $290,530 $75,000 $215,530
2014 $1,772 $290,530 $75,000 $215,530
2013 -- $290,530 $75,000 $215,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3121357

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-59-6334