NOT LISTED FOR SALE

401 Gibbs Rd Burnsville, NC 28714

Estimated Value: $257,895 - $451,000

2 Beds
1 Bath
1,000 Sq Ft
$377/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $195,000 $195 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,078/month

19 Days on Market

Highlights

  • Barn
  • Wooded Lot
  • Farmhouse Style Home
  • Stables
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of January 2019

Peaceful mountain farmstead on 11+ acres, conveniently situated between Mars Hill and Burnsville. Only 35 minutes to downtown Asheville. Restored 1940s farmhouse. New electric wiring, plumbing, floor joists, and double pane windows in the 1990s. Delicious spring water with new pump and UV filtration in 2017. New deck in 2017. New metal roof in 2018. Updated large country kitchen with granite countertops and 5 burner gas range. High efficiency on demand hot water heater installed in 2014. Wood stove and central gas forced air. Big, sturdy old tobacco barn with 4 animal stalls. Mostly wooded with approximately 3 acres in pasture. Creek runs through middle of property. Large fenced organic raised bed garden. Established fruit trees, grape vines, flowers, and berries. Plenty of outbuildings for storage/equipment. Situated at the end of a county maintained road (snow plow comes right to the driveway!). Friendly neighborhood surrounded by beautiful mountains.

Last Agent to Sell the Property

Lisa Jackson

Asheville Realty Group License #258218 Listed on: 11/08/2018

Last Buyer's Agent

Rachael Finley

Carolina Mountain Sales License #284304

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • Home fronts a stream
  • Open Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Crawl Space

Flooring

  • Wood
  • Laminate

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Farming

  • Barn
  • Crops
  • Machine Shed
  • Pasture

Additional Features

  • Stables
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 978900581504000

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Farmhouse
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05405
  • Ratio Close Price By Original Li: 1.05405
  • Ratio Current Price By Acre: 17302.57
  • Ratio Current Price By Sq Ft: 195.00
  • Year Built: 1940
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 250
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Gas Range, Refrigerator, Gas Oven
  • Fireplace Description: Kitchen, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Playset
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 750
  • Total Sq Ft: 1000

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Workshop, Stable, Tractor Shed, Fire pit

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Propane, Window Unit
  • Sewer: Septic Tank
  • Water: Spring
  • Water Heater: g-On-Demand Water Heater

Lot Info

  • Lot Features: Long Range View, Open Lot, Pasture, Stream/Creek, Trees, Crops, Views, Wooded, Year Round View
  • Parcel Number: 978900581504000

Tax Info

  • Tax Value: 90170.00
  • Tax Location: Burnsville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Harman Mary Sue and Harman Dale
Bought by
Gaddis Keri
Current Estimated Value
$377,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Outstanding Balance
$158,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,965

Purchase Details

Closed on
Sep 1, 2021
Sold by
Harman Mary Sue and Harman Dale
Bought by
Harman Mary Sue and Harman Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,200
Outstanding Balance
$158,509
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$218,965

Purchase Details

Listed on
Nov 8, 2018
Closed on
Jan 3, 2019
Sold by
Thompson Kevin M and Mcleod-Thompson Laurel S
Bought by
Hrman Mary S and Harman Dale
Seller's Agent
Lisa Jackson
Asheville Realty Group
Buyer's Agent
Rachael Finley
Carolina Mountain Sales
List Price
$185,000
Sold Price
$195,000
Premium/Discount to List
$10,000
5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$172,800
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2013
Sold by
Delf Louanna
Bought by
Thompson Laurel Starr Mcleod and Thompson Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,650
Interest Rate
4.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gaddis Keri -- None Available
Harman Mary Sue -- None Available
Hrman Mary S $208,000 --
Thompson Laurel Starr Mcleod $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaddis Keri $174,200
Previous Owner Hrman Mary S $172,800
Previous Owner Thompson Laurel Starr Mcleod $139,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $195,000 +5.4% $195 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/24/2018 11/24/18 For Sale $185,000 0.0% $185 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $185,000 -- $185 / 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 $1,097 $195,900 $149,200 $46,700
2024 $1,097 $195,900 $149,200 $46,700
2023 $577 $90,170 $69,700 $20,470
2022 $566 $90,170 $69,700 $20,470
2021 $577 $90,170 $69,700 $20,470
2020 $577 $90,170 $69,700 $20,470
2019 $577 $90,170 $69,700 $20,470
2018 $577 $90,170 $69,700 $20,470
2017 $577 $90,170 $69,700 $20,470
2016 $577 $90,170 $69,700 $20,470
2015 $604 $111,930 $98,500 $13,430
2014 $604 $111,930 $98,500 $13,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3449799

Canopy MLS (Canopy Realtor® Association)

APN: 978900581504.000