NOT LISTED FOR SALE

268 Drewdy Ln Unit 864-866 Old Fort, NC 28762

Estimated Value: $611,000 - $851,408

3 Beds
2.5 Baths
2,643 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $635,000 $240 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,357/month

77 Days on Market

Highlights

  • Deck
  • Pond
  • Wood Flooring
  • Private Lot
  • Wooded Lot
  • Recreation Facilities

About This Home

As of March 2022

Meet 268 Drewdy Lane in Old Fort NC! First time on the market. Too many mountains to count and endless sunsets from this log home situated on almost 9 acres, minutes from Black Mountain and Asheville. This 3 bedroom log home was built to take in the views and enjoy the mountains as they were intended. Home features two main bedrooms(one on the main level and one upstairs) with a smaller third bedroom on the main floor as well. Spacious kitchen and dining with ample cabinets. This property is located in a gated community called Gateway Mountain. Gateway Mountain is a nature preserve comprised of over 3,000 acres and designated common areas inside the community such as Waterfall Park, Lake George and hiking trails. An added bonus is Gateway is adjacent to a 10,000 acres conservancy. This community allows short term rentals and would be a great addition to our existing rentals in this community. Included with this home is almost 9 acres and additional home sites.

Last Agent to Sell the Property

Jeannie Conner

Greybeard Realty Old Fort Office License #217311 Listed on: 11/19/2021

Last Buyer's Agent

Emily Wareham

Asheville Realty Group License #303101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,572

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Gated Home
  • Private Lot
  • Wooded Lot

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • Crawl Space

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Deck

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-39-2837

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,572

Year Built

Built in 2002

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2002
  • Ratio Current Price By Acre: 71188.34
  • Special Assessment Yn: 1
  • Special Assessment Description: confirmed road paving fee $230 annually thru 2025
  • Road Surface Type: Asphalt, Gated, Gravel
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1981
  • 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: 662
  • Second Living Quarters Hla: 0
  • Porch: Back,Deck,Front
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2643
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Other
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Dock
  • Construction Type: Log, Wood Siding

Garage/Parking

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

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Pond, Recreation Area, Walking Trails
  • Association Fee: 1167
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Darlene Nolan
  • Phone: 828-668-7878
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Long Range View, Private, Wooded, Year Round View
  • Lot Size Area: 8.92
  • Lot Size Units: Acres
  • Parcel Number: 0656-00-39-2837
  • Plat Reference Section Pages: 5A/96
  • Lot Size: 0
  • Additional Parcels Description: 065700300252
  • Zoning Description: NONE

Tax Info

  • RATIO List Price By Tax Amount: 1.40187

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 28, 2022
Sold by
Chapman Brooke D and Chapman Marie Jan
Bought by
Didier Hannon and Hensley Mckenzie
Seller's Agent
Jeannie Conner
Greybeard Realty Old Fort Office
Buyer's Agent
Emily Wareham
Asheville Realty Group
List Price
$689,000
Sold Price
$635,000
Premium/Discount to List
-$54,000
-7.84%
Current Estimated Value
$730,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,852
Avg. Annual Appreciation
5.69%
Original Mortgage
$516,000
Outstanding Balance
$485,271
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$283,755

Purchase Details

Closed on
Nov 18, 2016
Sold by
Chapman Byron N and Chapman Vanessa
Bought by
Chapman Brooke D and Chapman Jan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,985
Interest Rate
3.52%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 31, 2005
Sold by
Gateway Group Inc
Bought by
Chapman Byron N and Chapman Brooke D
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
Didier Hannon $645,000 Shelley Wesley R
Chapman Brooke D $165,000 None Available
Chapman Byron N $376,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Didier Hannon $516,000
Previous Owner Chapman Brooke D $114,985
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $635,000 -5.1% $240 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
12/23/2021 12/23/21 Price Changed $669,000 -2.9% $253 / Sq Ft
11/19/2021 11/19/21 For Sale $689,000 -- $261 / 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 $4,572 $674,300 $100,000 $574,300
2023 $4,572 $674,300 $100,000 $574,300
2022 $3,283 $477,220 $100,000 $377,220
2021 $3,283 $477,220 $100,000 $377,220
2020 $3,331 $477,220 $0 $0
2019 $3,331 $336,070 $0 $0
2017 $2,153 $336,070 $0 $0
2016 $2,153 $336,070 $100,000 $236,070
2014 $2,049 $336,070 $100,000 $236,070
2013 -- $336,070 $100,000 $236,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3807622

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-39-2837