NOT LISTED FOR SALE

1900 Gateway Pkwy Old Fort, NC 28762

Estimated Value: $613,000 - $735,000

3 Beds
4 Baths
2,518 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $333,000 $132 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,855/month

338 Days on Market

Highlights

  • Whirlpool in Pool
  • Community Lake
  • Wooded Lot
  • Gated Community
  • Private Lot
  • Cathedral Ceiling

About This Home

As of September 2020

THREE LOTS in stunning Gateway Mountain. Escape to your own private log home compound within the splendor of the Gateway Mountain community. 3 bedrooms, 4 baths, an open loft with private 2nd master suite and 2 beautiful bonus rooms below in the fully-finished basement. THREE full home-length decks - two on back of house are fully screened-in (upper and lower). Winter views all the way to Lake Lure and potential year-round views with clearing. Fully usable 4.58 acres of land and a detached 2 car garage with loft. Great vacation rental potential! This lovely community is abundant with hiking trails, waterfall and an exquisite lake. Community activities include Fri night dinners/gatherings, various committees and board memberships available, men’s golf groups and women’s get-togethers. Plenty to do in this active, vibrant neighborhood!

Last Agent to Sell the Property

Matt Lutz

GreyBeard Realty License #304270 Listed on: 09/05/2019

Last Buyer's Agent

Kevin Miller

GreyBeard Realty License #315502

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Cabin
  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Pool

  • Whirlpool in Pool
  • Spa

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0656-00-67-7321

Community Details

Overview

  • Gateway Poa
  • Community Lake

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin, Rustic
  • Ratio Close Price By List Price: 0.95965
  • Ratio Close Price By Original Li: 0.83459
  • Ratio Current Price By Acre: 72707.42
  • Ratio Current Price By Sq Ft: 132.25
  • Special Assessment Description: Paving assessment - $250.00
  • Special Assessment Yn: Yes
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Outside Entrance, Crawl Space
  • Upper Level Sq Ft: 491
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Double Oven, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Generator, Ice Maker Connection, Microwave, Oven, Propane, Radon Mitigation System, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer
  • Fireplace Description: Gas Logs, Gas Vented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-Ins, Cable Available, Cathedral Ceiling(s), Garage Shop, Garden Tub, Hot Tub, Kitchen Island, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Whirlpool, Window Treatments
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 660
  • Main Level Sq Ft: 1367
  • Total Sq Ft: 2518
  • Sq Ft Unheated Basement: 69
  • Sq Ft Unheated Total: 69

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Walking Trails
  • Association Fee: 1097.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Gateway POA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Old Fort
  • Middle School: West McDowell
  • High School: McDowell

Lot Info

  • Lot Features: Artificial Waterfall, Level, Mountain View, Open Lot, Paved Frontage, Private, Sloping, Trees, Views, Winter View, Wooded
  • Lot Size Area: 4.580
  • Parcel Number: 0656-00-67-7321
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 319130.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2019
Closed on
Sep 18, 2020
Sold by
Penzien Donald Baird
Bought by
Ebeck Llc
Seller's Agent
Matt Lutz
GreyBeard Realty
Buyer's Agent
Kevin Miller
GreyBeard Realty
List Price
$399,000
Sold Price
$333,000
Premium/Discount to List
-$66,000
-16.54%
Total Days on Market
338
Current Estimated Value
$662,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,806
Avg. Annual Appreciation
15.37%
Original Mortgage
$266,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2019
Closed on
Sep 16, 2020
Sold by
Wheelon Michael Eugene and Wheelon Shelley Ann
Bought by
Penzien Donald Baird
Seller's Agent
Matt Lutz
GreyBeard Realty
Buyer's Agent
Kevin Miller
GreyBeard Realty
List Price
$399,000
Sold Price
$333,000
Premium/Discount to List
-$66,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2017
Closed on
Aug 25, 2017
Sold by
Canterbury James E and Canterbury Linda B
Bought by
Wheelon Michael Eugene and Wheelon Shelley Ann
Seller's Agent
Jean David
GreyBeard Realty
Buyer's Agent
Annie Singletary
GreyBeard Realty
List Price
$347,500
Sold Price
$342,000
Premium/Discount to List
-$5,500
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$122,000
Interest Rate
3.23%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 1997
Bought by
Canterbury James E and Canterbury Linda 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
Ebeck Llc -- Ntc
Penzien Donald Baird -- None Available
Wheelon Michael Eugene $342,000 None Available
Canterbury James E $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penzien Donald Baird $266,400
Previous Owner Wheelon Michael Eugene $25,000
Previous Owner Wheelon Michael Eugene $122,000
Previous Owner Canterbury James E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $333,000 -4.0% $132 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $347,000 -0.6% $138 / Sq Ft
05/31/2020 05/31/20 Price Changed $349,000 -2.2% $139 / Sq Ft
04/11/2020 04/11/20 Price Changed $357,000 -0.6% $142 / Sq Ft
03/10/2020 03/10/20 Price Changed $359,000 -1.1% $143 / Sq Ft
01/08/2020 01/08/20 Price Changed $363,000 -0.3% $144 / Sq Ft
12/26/2019 12/26/19 Price Changed $364,000 -0.3% $145 / Sq Ft
12/17/2019 12/17/19 Price Changed $365,000 -0.3% $145 / Sq Ft
12/04/2019 12/04/19 Price Changed $366,000 -0.3% $145 / Sq Ft
11/27/2019 11/27/19 Price Changed $367,000 -0.3% $146 / Sq Ft
11/21/2019 11/21/19 Price Changed $368,000 -0.3% $146 / Sq Ft
11/13/2019 11/13/19 Price Changed $369,000 -0.3% $147 / Sq Ft
10/30/2019 10/30/19 Price Changed $370,000 -0.7% $147 / Sq Ft
10/25/2019 10/25/19 Price Changed $372,500 -0.7% $148 / Sq Ft
10/16/2019 10/16/19 Price Changed $375,000 -6.0% $149 / Sq Ft
09/05/2019 09/05/19 For Sale $399,000 +16.7% $158 / Sq Ft
08/30/2017 08/30/17 Sold $342,000 -1.6% $138 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $347,500 -- $140 / 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 $2,950 $435,130 $50,000 $385,130
2023 $2,950 $435,130 $50,000 $385,130
2022 $2,340 $340,080 $50,000 $290,080
2021 $2,340 $340,080 $50,000 $290,080
2020 $2,374 $340,080 $0 $0
2019 $2,374 $259,630 $0 $0
2017 $1,663 $259,630 $0 $0
2016 $1,663 $247,870 $50,000 $197,870
2014 $1,583 $259,630 $50,000 $209,630
2013 -- $259,630 $50,000 $209,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3546984

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-67-7321