NOT LISTED FOR SALE

225 Old Catawba River Rd Old Fort, NC 28762

Estimated Value: $114,000 - $167,432

2 Beds
1 Bath
1,439 Sq Ft
$99/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $52,500 $36 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $810/month

215 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Attic Fan
  • Corner Lot
  • Shed

About This Home

As of April 2020

Fantastic location for single family home, long term rental, or vacation rental on a corner lot. Two bedrooms, one bath with bonus spaces makes this charm perfect for investors or make it your own sweet home. Located a close half mile to downtown you are only moments to Historic Old Fort. Medical services, schools, library, food, and community events are in a mile radius. Nested at the bottom of Black Mountain you will have easy access to Black Mountain, Asheville, Marion, Mount Mitchell State Park, Lake James,
Lake Lure and the Blue Ridge Parkway with I-40 just down the road. So such potential for a house being sold "as is" with a brand new metal roof. No heating system in place. Enjoy the life of small town, familiar faces, lower taxes and all that the surrounding community has to offer.
Buyers to confirm square footage and fireplace condition.

Last Agent to Sell the Property

John Farmer

Town and Mountain Realty License #292991 Listed on: 08/31/2019

Last Buyer's Agent

Morgan Sherman

Looking Glass Realty AVL LLC License #289847

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation

Flooring

  • Wood
  • Concrete

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Additional Features

  • 1 Full Bathroom
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 065910379131

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95455
  • Ratio Close Price By Original Li: 0.80769
  • Ratio Current Price By Acre: 187500.00
  • Ratio Current Price By Sq Ft: 36.48
  • Year Built: 1900
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block, Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Electric Range, Refrigerator, Electric Oven
  • Fireplace Description: FAMILYRM
  • Flooring: Concrete, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown
  • Laundry Location: Lower
  • Room Count: 2
  • Lower Level Sq Ft: 716
  • Main Level Sq Ft: 723
  • Total Sq Ft: 1439
  • Sq Ft Unheated Main: 233
  • Sq Ft Unheated Total: 233

Exterior Features

  • Construction: Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Driveway

Utilities

  • Heating: No A/C
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights

Schools

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

Lot Info

  • Lot Features: Corner Lot, Level, Sloping
  • Lot Size Area: 0.280
  • Parcel Number: 065910379131

Tax Info

  • Tax Value: 42560.00
  • Tax Location: Old Fort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2019
Closed on
Apr 28, 2020
Sold by
Wood Shirley H and Wood Vernon
Bought by
Wilson Robert Edward
Seller's Agent
John Farmer
Town and Mountain Realty
Buyer's Agent
Morgan Sherman
Looking Glass Realty AVL LLC
List Price
$55,000
Sold Price
$52,500
Premium/Discount to List
-$2,500
-4.55%
Current Estimated Value
$143,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,774
Avg. Annual Appreciation
21.88%

Purchase Details

Closed on
Jun 1, 1993
Bought by
Wood Shirley
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
Wilson Robert Edward $52,500 None Available
Wood Shirley $500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $52,500 -4.5% $36 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $55,000 +4.8% $38 / Sq Ft
03/31/2020 03/31/20 Off Market $52,500 -- --
02/19/2020 02/19/20 Price Changed $55,000 -6.8% $38 / Sq Ft
11/01/2019 11/01/19 Price Changed $59,000 -9.2% $41 / Sq Ft
08/31/2019 08/31/19 For Sale $65,000 -- $45 / 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 $347 $51,220 $22,500 $28,720
2023 $337 $51,220 $22,500 $28,720
2022 $284 $42,560 $20,250 $22,310
2021 $284 $42,560 $20,250 $22,310
2020 $289 $42,560 $0 $0
2019 $289 $33,220 $0 $0
2017 $206 $33,220 $0 $0
2016 $206 $33,220 $16,200 $17,020
2014 $203 $33,220 $16,200 $17,020
2013 -- $33,220 $16,200 $17,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3545374

Canopy MLS (Canopy Realtor® Association)

APN: 0659-10-37-9131