NOT LISTED FOR SALE

427 Chestnut Hill Loop Gerton, NC 28735

Estimated Value: $391,000 - $431,679

2 Beds
2 Baths
1,110 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $365,000 $329 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,325/month

5 Days on Market

Highlights

  • Community Cabanas
  • Hilly Lot
  • Den with Fireplace
  • Spa
  • Pond
  • Wooded Lot

About This Home

As of April 2022

Take a step back in time and envision a cute cottage in a great neighborhood with views. Outstanding possibilities as a full time resident or would make a wonderful short term rental. Upper Hickory Nut Gorge Community center will resume monthly meetings with pot luck dinners once a month as soon as COVID is cleared.
Only 25 minutes to downtown Asheville or 35 minutes to Hendersonville. Are you looking for that weekend getaway? Come up to this cottage at 2600 foot elevation, take off those cloths and enjoy the hot tub. 2 /2 home with a long list of recent upgrades. Electrical, 30 yr. roof, vinyl tilt windows, 2 year old HVAC system, propane cook stove,etc. Garage building could be a studio or workshop with its own 100 amp service.

Last Agent to Sell the Property

Don Ferrell

Howard Hanna Beverly-Hanks, Lake Lure License #312854 Listed on: 03/10/2022

Last Buyer's Agent

Andrew Lanteri

Nest Realty Asheville License #299643

Nest Realty Asheville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • Sloped Lot
  • Hilly Lot
  • Wooded Lot
  • Zoning described as R1

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Bungalow
  • Slab Foundation
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Propane Fireplace
  • Den with Fireplace
  • Crawl Space
  • Attic Fan
  • Storm Doors
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Workshop in Garage

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Spa
  • Pond
  • Patio
  • Separate Outdoor Workshop
  • Front Porch

Schools

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

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 500913

Community Details

Overview

  • Chestnut Hills Association, Phone Number (828) 625-5257
  • Chestnut Hills Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Cabanas

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.31 Acres

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Bungalow
  • Year Built: 1945
  • Ratio Current Price By Acre: 1106060.61
  • Restrictions: Building,Manufactured Home Not Allowed,Modular Not Allowed,Subdivision
  • Doors and Windows: Storm Door(s)
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 1
  • Special Assessment Description: Pond maintenance
  • Proposed Special Assessment Desc: Pond Maintenance
  • Road Surface Type: Dirt, Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Block, Slab, Crawl Space
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Fan, Garage Shop, Hot Tub, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1110
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 700
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 700
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Front,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Range, Propane Cooktop, Refrigerator
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den, Propane
  • Living Area: 1110
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Hot Tub, Workshop
  • New Construction: No
  • Roof: Asbestos Shingle, Wood
  • Construction Status: Complete
  • Tax Location: Chimney Rock
  • Construction Type: Site Built
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached, Garage - 1 Car, Parking Space - 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Cabana, Picnic Area, Pond
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Chestnut Hills
  • Phone: 828-625-5257
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Apple Valley
  • HOA Subject To: Required
  • HOA Email: chuck@chuckmall.com

Lot Info

  • Lot Features: Hilly, Mountain View, Sloped, Wooded, Views, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 500913
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 1.86813

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Edneyville
  • High School: North Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 13, 2022
Sold by
Lezle Stein
Bought by
Hejl Tyler and Hejl Elizabeth
Seller's Agent
Don Ferrell
Howard Hanna Beverly-Hanks, Lake Lure
Buyer's Agent
Andrew Lanteri
Nest Realty Asheville
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Current Estimated Value
$414,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,920
Avg. Annual Appreciation
3.34%
Original Mortgage
$326,750
Outstanding Balance
$303,048
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$111,872

Purchase Details

Listed on
Jul 18, 2016
Closed on
Oct 4, 2016
Sold by
Keasler Dede M
Bought by
Stein Lezle
Seller's Agent
Sona Merlin
Appalachian Realty Associates
Buyer's Agent
Doug Kelly
Howard Hanna Beverly-Hanks, Lake Lure
List Price
$195,000
Sold Price
$187,000
Premium/Discount to List
-$8,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Aug 16, 2007
Sold by
Not Provided
Bought by
Keasler Dede M and Currie Rachelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
6.25%
Mortgage Type
Cash
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hejl Tyler $365,000 Phillip C Price Law Firm Pllc
Stein Lezle $187,000 --
Keasler Dede M $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hejl Tyler $326,750
Previous Owner Keasler Dede M $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $365,000 +4.3% $329 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $349,900 +87.1% $315 / Sq Ft
10/04/2016 10/04/16 Sold $187,000 -4.1% $168 / Sq Ft View Prior Sale
09/02/2016 09/02/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $195,000 -- $176 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,976 $349,100 $80,000 $269,100
2024 $20 $349,100 $80,000 $269,100
2023 $1,976 $349,100 $80,000 $269,100
2022 $1,304 $187,300 $60,000 $127,300
2021 $1,304 $187,300 $60,000 $127,300
2020 $1,304 $187,300 $0 $0
2019 $1,285 $187,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3837180

Canopy MLS (Canopy Realtor® Association)

APN: 604444388

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