NOT LISTED FOR SALE

220 Bearwallow Subdivision Rd Gerton, NC 28735

Estimated Value: $327,000 - $382,000

3 Beds
1.5 Baths
1,440 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $308,000 $214 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,118/month

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Laundry Room
  • Wooded Lot
  • Wood Flooring
  • Ceiling Fan

About This Home

As of July 2022

Located in the heart of Gerton, and surrounded by mountains, this home is just minutes from Fairview and is very convenient to Asheville. It features 3 bedrooms and 1 1/2 baths and has a large family room/great room with built-in bookshelves and scenic views. The open kitchen has a walk-in pantry, countertop seating and plenty of room for a large dining room table. There's a one car garage in the basement, along with plenty of storage. The neighborhood is lovely and peaceful and has no restrictions, so this home could be a very desirable short-term rental! There is plenty of level yard space for gardening (or chasing fire-flies) and there is a babbling creek at far end of the property. The are lots of natural attractions near by, with the Upper Hickory Nut Gorge Trailhead just a mile away, Bearwallow Mountain nearby, and Chimney Rock and Lake Lure are only a 15 min drive down the road. The Asheville Airport is only a 28 minute drive and Hendersonville is just a 35 minute drive.

Last Agent to Sell the Property

Andrea Clark

Keller Williams Mtn Partners, LLC License #175456 Listed on: 06/10/2022

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Shannon Taylor

Patton Allen Real Estate LLC License #323516

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1968

Lot Details

  • Paved or Partially Paved Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Zoning described as R3

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access to stream, creek or river
  • Deck

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Chestnut Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10004287

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1968
  • Ratio Current Price By Acre: 405263.16
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Garage Door, Basement Inside Entrance, Basement Outside Entrance, Brick/Mortar
  • Fireplace: Yes
  • Flooring: Laminate, Wood
  • Interior Amenities: Attic Other
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1440
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Range, Exhaust Hood, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1440
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Gerton
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Other

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

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: None

Schools

  • Middle Or Junior School: Apple Valley
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Creek Front, Level, Mountain View, Paved, Sloped, Creek/Stream, Wooded, Views, Winter View, Year Round View
  • Lot Size Area: 0.76
  • Lot Size Units: Acres
  • Parcel Number: 10004287
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 2.02618

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Edneyville
  • High School: North Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 22, 2022
Sold by
Lee Smith Joshua and Connor Melissa
Bought by
Leahy Christopher and Leahy Sarah
Seller's Agent
Andrea Clark
Keller Williams Mtn Partners, LLC
Buyer's Agent
Shannon Taylor
Patton Allen Real Estate LLC
List Price
$325,000
Sold Price
$308,000
Premium/Discount to List
-$17,000
-5.23%
Current Estimated Value
$363,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,386
Avg. Annual Appreciation
5.48%
Original Mortgage
$231,000
Outstanding Balance
$196,064
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$167,322

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 20, 2019
Sold by
Bearwallow Baptist Church Inc
Bought by
Smith Joshua Lee
Seller's Agent
Chris Scruggs
We Sell WNC, LLC
Buyer's Agent
Andrea Clark
Keller Williams Mtn Partners, LLC
List Price
$169,900
Sold Price
$171,000
Premium/Discount to List
$1,100
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.11%
Original Mortgage
$172,727
Interest Rate
3.5%
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
Leahy Christopher $308,000 Lancaster Law Firm Pllc
Smith Joshua Lee $171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leahy Christopher $231,000
Previous Owner Smith Joshua Lee $172,727
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $308,000 -5.2% $214 / Sq Ft
07/10/2022 07/10/22 For Sale $325,000 0.0% $226 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $325,000 +90.1% $226 / Sq Ft
09/24/2019 09/24/19 Sold $171,000 +0.6% $119 / Sq Ft
07/25/2019 07/25/19 Pending -- -- --
07/22/2019 07/22/19 For Sale $169,900 -- $118 / 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 $1,702 $300,700 $30,900 $269,800
2024 $1,752 $300,700 $30,900 $269,800
2023 $1,752 $309,500 $30,900 $278,600
2022 $1,116 $160,400 $24,700 $135,700
2021 $1,116 $160,400 $24,700 $135,700
2020 $1,116 $160,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3865287

Canopy MLS (Canopy Realtor® Association)

APN: 604252155