NOT LISTED FOR SALE

118 Gillespie Ln Hendersonville, NC 28792

Estimated Value: $571,000 - $627,000

2 Beds
2 Baths
2,200 Sq Ft
$272/Sq Ft Est. Value

Last Sold October 26, 2020

Last sale price $370,000 $168 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,340/month

29 Days on Market

Highlights

  • Spa
  • Private Lot
  • Whirlpool Bathtub
  • Open Floorplan
  • Wood Flooring
  • Cottage

About This Home

As of October 2020

Immaculately kept and maintained home with great views and acreage in Bat Cave-Lake Lure.
Only 20 minutes to I-26. Conveniently located between Hendersonville and Asheville.
This beauty of a home is private and sits on 3.37 acres and adjoins a .48 acre parcel that is included in the sale. Large 2200 Sq Ft, 2 bedrooms, 2 baths and bonus room that could be used as a 3rd bedroom [home has a 2 bedroom septic permit] beautiful hardwood floors, new roof in 2010, cement board siding, custom stonework, open floor plan, custom gourmet kitchen with stainless steel appliances and granite counter tops, luxurious master suite, travertine & slate floors, wrap-around deck, huge concrete patio & hot tub. All furniture is available with purchase.
Don't miss this chance to own a piece of mountain luxury. Come see all this home has to offer.

Last Agent to Sell the Property

Andrew Casoria

Eclat Realty + Co License #292713 Listed on: 08/12/2020

Last Buyer's Agent

JJ Murphy

Howard Hanna Beverly-Hanks License #297081

Howard Hanna Beverly-Hanks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Window Treatments
  • Breakfast Bar

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Whirlpool Bathtub

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 9946122

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.95361
  • Ratio Close Price By Original Li: 0.95361
  • Ratio Current Price By Acre: 88729.02
  • Ratio Current Price By Sq Ft: 168.18
  • Year Built: 1992
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Gas Vented, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Billboard and access to billboard on property
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Hot Tub, Open Floorplan, Whirlpool, Window Treatments
  • Laundry Location: Lower
  • Room Count: 2
  • Sq Ft Basement: 1100
  • Main Level Sq Ft: 1100
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Electric Hot Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Elementary School: Edneyville
  • Middle School: Apple Valley
  • High School: North Henderson

Lot Info

  • Lot Features: Level, Long Range View, Private, Rolling, Trees, Year Round View
  • Lot Size Area: 4.170
  • Parcel Number: 9946122
  • Zoning Specification: R3

Tax Info

  • Tax Value: 172400.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 23, 2020
Sold by
Banz Meyer Alfred and Banz Michelle Marie
Bought by
Venuto John V and Venuto Megan
Seller's Agent
Andrew Casoria
Eclat Realty + Co
Buyer's Agent
JJ Murphy
Howard Hanna Beverly-Hanks
List Price
$388,000
Sold Price
$370,000
Premium/Discount to List
-$18,000
-4.64%
Current Estimated Value
$598,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,633
Avg. Annual Appreciation
10.10%
Original Mortgage
$296,000
Outstanding Balance
$262,796
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$335,837
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Venuto John V $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venuto John V $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $370,000 -4.6% $168 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $388,000 -- $176 / 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
2025 $2,396 $434,900 $135,600 $299,300
2024 $2,396 $434,900 $135,600 $299,300
2023 $2,396 $434,900 $135,600 $299,300
2022 $1,693 $248,600 $51,700 $196,900
2021 $1,693 $172,400 $51,700 $120,700
2020 $1,174 $172,400 $0 $0
2019 $1,174 $172,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3649610

Canopy MLS (Canopy Realtor® Association)

APN: 9946122