NOT LISTED FOR SALE

265 Wild Cherry Ln Old Fort, NC 28762

Estimated Value: $463,000 - $748,000

3 Beds
2.5 Baths
1,576 Sq Ft
$380/Sq Ft Est. Value

Last Sold September 24, 2018

Last sale price $285,000 $181 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,563/month

32 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Private Lot
  • Open Floorplan
  • Hilly Lot
  • Pond

About This Home

As of September 2018

All who wander are not lost. Nature abounds at this beautiful 3 bedroom 2.5 bath log home on 2 private acres in the gated community of Gateway Mountain. Come to unwind; stay to recreate and relax. Only 1/4 mile to Lake George; slide the kayak in and take a cruise around, viewing the pristine serenity of this sweet amenity. A short hike to Waterfall Park picnic area. Impeccably maintained to be full-time or vacation home. Covered porch and deck for 3 seasons of enjoyment. Jotul wood-burning stove for cozy winter warmth. Charming towns of Old Fort and Black Mountain only 20-30 minutes away.

Last Agent to Sell the Property

Rosie Johnson

GreyBeard Realty License #207617 Listed on: 06/30/2018

Last Buyer's Agent

Sunday Grant

GreyBeard Realty License #290391

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Hilly Lot
  • Many Trees

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space
  • Storm Doors
  • Kitchen Island

Flooring

  • Wood
  • Tile

Outdoor Features

  • Pond
  • Shed

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 0656-00-95-1378

Community Details

Overview

  • Gateway Mtn Poa, Phone Number (828) 668-0351
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 142500.00
  • Ratio Current Price By Sq Ft: 180.84
  • Special Assessment Description: Road Paving $200/yr
  • Special Assessment Yn: Yes
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 400
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Electric Oven
  • Fireplace Description: Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 8286680351
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1176
  • Total Sq Ft: 1576

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Pond, Recreation Area, Walking Trails
  • Association Fee: 1089.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Gateway Mtn POA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Hilly, Mountain View, Private, Trees
  • Lot Size Area: 2.000
  • Parcel Number: 0656-00-95-1378
  • Zoning Specification: OU

Tax Info

  • Tax Value: 276470.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Sep 20, 2018
Sold by
Mullins F Wayne F and Mullins Deborah S
Bought by
Hamilton Alex John
Seller's Agent
Rosie Johnson
GreyBeard Realty
Buyer's Agent
Sunday Grant
GreyBeard Realty
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$598,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,433
Avg. Annual Appreciation
11.75%
Original Mortgage
$256,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2002
Bought by
Mullis Mullis F and Mullis Deborah S
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
Hamilton Alex John $285,000 None Available
Mullis Mullis F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Alex John $310,000
Closed Hamilton Alex John $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $285,000 0.0% $181 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $285,000 -- $181 / 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 $2,538 $374,340 $50,000 $324,340
2023 $2,538 $374,340 $50,000 $324,340
2022 $1,999 $290,540 $50,000 $240,540
2021 $1,999 $290,540 $50,000 $240,540
2020 $2,028 $290,540 $0 $0
2019 $2,028 $276,470 $0 $0
2017 $1,771 $276,470 $0 $0
2016 $1,771 $276,470 $50,000 $226,470
2014 $1,686 $276,470 $50,000 $226,470
2013 -- $276,470 $50,000 $226,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3402004

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-95-1378