NOT LISTED FOR SALE

41 McGuffey Ridge Rd Gerton, NC 28735

Estimated Value: $340,000 - $368,000

2 Beds
2.5 Baths
1,611 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $225,000 $140 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,055/month

47 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Breakfast Bar
  • Wooded Lot
  • Cottage
  • Fire Pit

About This Home

As of December 2020

Peaceful cabin in the woods less than 30 minutes to Asheville and under $250k! Located in the popular McGuffey Ridge subdivision in Gerton, this home would make a wonderful primary residence or second home mountain getaway. Currently set up as a successful VRBO rental. Very cute and well maintained cottage. Open floor plan layout with wood burning fireplace. Huge covered rear deck. Only two owners. Small HOA fee covers the water bill. Wonderful hiking trails just minutes away. Gerton is conveniently located.....just 25 minutes to downtown Asheville, 30 minutes to Hendersonville, 15 minutes to Chimney Rock, and only 12 minutes to closest grocery store, post office and bank. A wonderful home in a wonderful area!

Last Agent to Sell the Property

James Earnhardt

Howard Hanna Beverly-Hanks, Lake Lure License #295335 Listed on: 09/10/2020

Last Buyer's Agent

Josh Mimken

Keller Williams Professionals License #290843

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • Level Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Wood Flooring
  • Breakfast Bar

Additional Features

  • Fire Pit
  • Septic Tank

Community Details

  • Don Adoryan Association, Phone Number (941) 962-3070

Listing and Financial Details

  • Assessor Parcel Number 0604033138

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 0.95745
  • Ratio Close Price By Original Li: 0.95745
  • Ratio Current Price By Acre: 750000.00
  • Ratio Current Price By Sq Ft: 139.66
  • Year Built: 1982
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Block
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dryer, Electric Oven, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Wood Burning
  • Flooring: Wood
  • H O A Management Phone: 941-962-3070
  • Interior Amenities: Basement Shop, Breakfast Bar, Open Floorplan
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 447
  • Main Level Sq Ft: 1164
  • Total Sq Ft: 1611

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement, Driveway, Garage - 2 Car

Utilities

  • Heating: Electric Baseboard Heat, No A/C, Wall Unit Heat
  • Sewer: Septic Installed
  • Water: Community Well, Spring
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Don Adoryan
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Sloping, Wooded
  • Lot Size Area: 0.300
  • Parcel Number: 0604033138
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 124800.00
  • Tax Location: Gerton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2020
Sold by
Rice Catherine B
Bought by
Rice Joseph S
Current Estimated Value
$351,149

Purchase Details

Closed on
Dec 18, 2007
Sold by
Wilson John H Jr Succ /Tr
Bought by
Rice Joseph S and Rice Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
6.15%
Mortgage Type
Cash
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
Rice Joseph S -- None Available
Rice Joseph S $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Joseph S $119,400
Closed Rice Joseph S $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $225,000 -4.3% $140 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $235,000 0.0% $146 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $235,000 -- $146 / 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 $1,478 $261,100 $26,300 $234,800
2024 $1,478 $261,100 $26,300 $234,800
2023 $1,478 $261,100 $26,300 $234,800
2022 $888 $127,600 $17,600 $110,000
2021 $869 $124,800 $17,600 $107,200
2020 $869 $124,800 $0 $0
2019 $856 $124,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3654665

Canopy MLS (Canopy Realtor® Association)

APN: 604033138