NOT LISTED FOR SALE

148 Locust Ridge Old Fort, NC 28762

Estimated Value: $399,000 - $492,000

3 Beds
2 Baths
1,366 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $385,000 $282 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,722/month

38 Days on Market

Highlights

  • Spa
  • Wooded Lot
  • Cottage
  • Community Lake
  • Wood Flooring
  • Recreation Facilities

About This Home

As of June 2022

Private cabin in the woods in the amazing Gateway Mountain Development! Located only 5 minutes to the gate, this well maintained home is a true gem! Enjoy the mountain air on the front porch, or relax in the hot tub on a chilly evening! Gorgeous 180 degree winter views! Easy living here, folks! Vacation Rental Potential!!! Community has a waterfall park, lake, trout pond, and picnic area!

Last Agent to Sell the Property

Ameliah Davidson

GreyBeard Realty License #275365 Listed on: 05/03/2022

Last Buyer's Agent

Kenna Faber

Kenna Faber Real Estate License #250396

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,001

Year Built

  • Built in 1994

Lot Details

  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Cottage
  • Cabin
  • Metal Roof
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Living Room with Fireplace
  • Basement

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Basement Garage

Pool

  • Spa

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-26-1432

Community Details

Overview

  • Association Phone (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

$2,001

Year Built

Built in 1994

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Cottage
  • Year Built: 1994
  • Ratio Current Price By Acre: 320833.33
  • Restrictions: Architectural Review,Short Term Rental Allowed,Other - See Media/Remarks
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 1
  • Special Assessment Description: road paving-$230
  • Proposed Special Assessment Desc: none
  • Road Surface Type: Gravel
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1020
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1020
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1020
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 346
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1366
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Hot Tub
  • New Construction: No
  • Roof: Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: None
  • Waterfront Elevation: 2000
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Recreation Area, Walking Trails
  • Association Fee: 1167
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Phone: 828-668-7878
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Sloped, Wooded, Views, Winter View, Wooded
  • Lot Size Area: 1.2
  • Lot Size Units: Acres
  • Parcel Number: 0656-00-26-1432
  • Plat Reference Section Pages: 332
  • Lot Size: 0
  • Zoning Description: Res

Tax Info

  • RATIO List Price By Tax Amount: 2.55984

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jun 7, 2022
Sold by
Buzogany Bruce L and Buzogany Elizabeth C
Bought by
Severson Forrest and Arnold Sarah
Seller's Agent
Ameliah Davidson
GreyBeard Realty
Buyer's Agent
Kenna Faber
Kenna Faber Real Estate
List Price
$385,000
Sold Price
$385,000
Total Days on Market
38
Current Estimated Value
$439,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,065
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 19, 2018
Sold by
Gramling Margaret G
Bought by
Buzogany Bruce L and Buzogany Elizabeth C
Seller's Agent
Ameliah Davidson
GreyBeard Realty
Buyer's Agent
Ameliah Davidson
GreyBeard Realty
List Price
$248,000
Sold Price
$237,500
Premium/Discount to List
-$10,500
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$162,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2014
Bought by
Croft Charles M and Croft Phyllis B
Source: Public Records

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Range of Values:

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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
Severson Forrest $385,000 Lattimore Little
Buzogany Bruce L $237,500 None Available
Croft Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severson Forrest C $150,000
Previous Owner Buzogany Bruce L $158,585
Previous Owner Buzogany Bruce L $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $385,000 0.0% $282 / Sq Ft
05/03/2022 05/03/22 For Sale $385,000 +62.1% $282 / Sq Ft
07/24/2018 07/24/18 Sold $237,500 -4.2% $174 / Sq Ft
06/09/2018 06/09/18 Pending -- -- --
05/31/2018 05/31/18 Price Changed $247,900 0.0% $181 / Sq Ft
04/06/2018 04/06/18 For Sale $248,000 +51.2% $182 / Sq Ft
03/02/2015 03/02/15 Sold $164,000 -11.3% $105 / Sq Ft
01/31/2015 01/31/15 Pending -- -- --
03/28/2014 03/28/14 For Sale $184,900 -- $119 / 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 $2,001 $295,170 $65,000 $230,170
2023 $2,001 $295,170 $65,000 $230,170
2022 $1,649 $239,630 $65,000 $174,630
2021 $1,649 $239,630 $65,000 $174,630
2020 $1,673 $239,630 $0 $0
2019 $1,673 $150,400 $0 $0
2017 $963 $150,400 $0 $0
2016 $963 $150,400 $35,000 $115,400
2014 $917 $150,400 $35,000 $115,400
2013 -- $150,400 $35,000 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3854558

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-26-1432