NOT LISTED FOR SALE

171 Sally Gap Rd Old Fort, NC 28762

Estimated Value: $599,000 - $759,000

2 Beds
2 Baths
2,032 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $471,000 $232 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,170/month

4 Days on Market

Highlights

  • Covered Dock
  • Mountain View
  • Private Lot
  • Open Floorplan
  • Deck
  • Wooded Lot

About This Home

As of August 2021

A beautiful log cabin with huge decks to enjoy the views of the mountains surrounding the gated community of Gateway Mountain is finally available for you to own. Have you been dreaming of the perfect log cabin near Black Mountain, Asheville, Lake Lure and the Blue Ridge Parkway? Come see this cabin with all you need on the main floor- a huge great room with dining, living, kitchen, island, master bedroom, a bath with deep tub, shower and laundry closet!
You and guests will love sitting together in front of the gas log fireplace and pouring drinks on a hand carved bar believed to have come from an old hotel. Downstairs is another bedroom, bathroom, sitting room, bonus room and an oversized one car garage. Only 1.2 miles on the paved Sally Gap Road entrance to the paved/gravel circular driveway of this comfy cabin. You will love all the gorgeous trees and plants surrounding your mountain getaway as you observe migrating birds, butterflies and so very many animals in this community.

Last Agent to Sell the Property

Mike Cowal

Mike Cowal, Broker Brokerage Email: mikecowal49@yahoo.com License #153057 Listed on: 06/24/2021

Last Buyer's Agent

Joanna Beck

Allen Tate/Beverly-Hanks Asheville-North License #229796

Allen Tate/Beverly-Hanks Asheville-North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,229

Year Built

  • Built in 2003

Lot Details

  • 3.71 Acre Lot
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned OU

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Basement Garage
  • Circular Driveway
  • 4 Open Parking Spaces

Home Design

  • Cabin
  • Log Siding
  • Radon Mitigation System
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Covered Dock
  • Deck
  • Wrap Around Porch
  • Separate Outdoor Workshop

Utilities

  • Heat Pump System
  • Power Generator
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 065600777791

Community Details

Overview

  • Darlene Nolen Association, Phone Number (828) 668-7878
  • Gateway Mountain Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,229

Year Built

Built in 2003

Lot Details

0

HOA Fees

$97 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2003
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Signage,Square Feet
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: square feet
  • Special Assessment Description: $230 year 2020-2024 for paving gravel roads
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 231.79
  • Attribution Contact: mikecowal49@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, 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: 310
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 310
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Hood, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 1232
  • Has Basement: Basement, Basement Garage Door, Exterior Entry, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 800
  • Fireplace Features: Gas Log, Gas Vented, Great Room, Propane
  • Living Area: 2032
  • Bedroom Main: 1
  • Room Count: 13
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Winter, Year Round
  • Waterfront Features: Covered structure, Dock, Lake, Paddlesport Launch Site - Community
  • Waterfront Elevation: 2000
  • Construction Type: Log, Stone Veneer
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Deck, Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 310
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Circular Driveway, Garage, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Main Level
  • Security: Radon Mitigation System, Security Service
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Propane, Underground Power Lines, Satellite Internet Available, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Recreation Area
  • Association Fee: 1167
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Darlene Nolen
  • Phone: 828-668-7878
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gatewaypoa@yahoo.com

Schools

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

Lot Info

  • Lot Features: Paved, Private, Wooded, Views
  • Lot Size Area: 3.71
  • Lot Size Units: Acres
  • Parcel Number: 065600777791
  • Zoning: OU
  • Plat Reference Section Pages: 11/41
  • Development Status: Completed
  • Lot Size Acres: 3.71
  • Lot Size Sq Ft: 161607
  • Additional Parcels Description: small parcel across street for views
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 30, 2021
Sold by
Prather Nathan King and Prather Pamela Anne
Bought by
Rascov Gabriela and Veggiato Enrico
Seller's Agent
Mike Cowal
Mike Cowal, Broker
Buyer's Agent
Joanna Beck
Allen Tate/Beverly-Hanks Asheville-North
List Price
$49,900,000
Sold Price
$471,000
Premium/Discount to List
-$49,429,000
-99.06%
Total Days on Market
4
Current Estimated Value
$677,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,733
Avg. Annual Appreciation
8.10%

Purchase Details

Closed on
Jun 4, 2007
Sold by
Hinson Shirley M
Bought by
Prather Nathan King and Prather Pamela Anne

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
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2005
Sold by
Hughes Wanda S and Hughes Robbin
Bought by
Hinson James D and Hinson Shirley A
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
Rascov Gabriela $471,000 None Available
Prather Nathan King $375,000 None Available
Hinson James D $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prather Nathan King $234,000
Previous Owner Prather Nathan K $300,000
Previous Owner Prather Nathan King $300,000
Previous Owner Hughes Robbin $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $471,000 -5.6% $232 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $499,000 -99.0% $246 / Sq Ft
06/24/2021 06/24/21 For Sale $49,900,000 -- $24,557 / 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 $3,229 $476,230 $50,000 $426,230
2023 $3,229 $476,230 $50,000 $426,230
2022 $3,186 $463,130 $50,000 $413,130
2021 $3,186 $463,130 $50,000 $413,130
2020 $3,233 $463,130 $0 $0
2019 $3,233 $307,380 $0 $0
2017 $1,969 $307,380 $0 $0
2016 $1,969 $307,380 $50,000 $257,380
2014 $1,874 $307,380 $50,000 $257,380
2013 -- $307,380 $50,000 $257,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3737997

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-77-7791