NOT LISTED FOR SALE

440 Mills River Way Horse Shoe, NC 28742

Estimated Value: $636,000 - $1,074,000

3 Beds
2.5 Baths
3,815 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $480,000 $126 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,493/month

247 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Private Lot
  • Mills River Elementary School Rated A-
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of April 2019

Enjoy the peace and quiet of this beautiful, gated, upscale mountain community, yet only minutes to Asheville, Hendersonville and Brevard. This beautiful custom built home features a massive 2 story great room with views, gorgeous hardwood floors, open floor plan, formal dining room, gourmet kitchen with granite counters, stainless appliances, kitchen island and breakfast nook. The large master suite has deck access with mountain views, huge master bath with jetted garden tub and walk-in shower. The lower level features a huge family room with stone fireplace, 2nd kitchen or wet bar area, two large bedrooms, a theater room which could also be a large office or 4th bedroom. Upper and lower 40 x 16 decks for plenty of outdoor space for entertaining. Also enjoy the 12 acre community park with beautiful clubhouse and over 1000 feet of river access on beautiful trout stocked Mills River. Community website is http://homesteadmillsriver.com/. Seller will pay up to $5000 in closing cost!

Last Agent to Sell the Property

David Gregg

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #248481 Listed on: 06/27/2018

Allen Tate/Beverly-Hanks Asheville-Biltmore Park

Co-Listed By

Janet Gregg

Allen Tate/Beverly-Hanks Asheville-Biltmore Park License #283077

Last Buyer's Agent

Lee Stepp

Allen Tate/Beverly-Hanks Hendersonville License #226800

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Corner Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $142 Monthly HOA Fees

Parking

  • 2

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Fire Pit

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9974733

Community Details

Recreation

  • Recreation Facilities

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$142 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.84225
  • Ratio Current Price By Acre: 452830.19
  • Ratio Current Price By Sq Ft: 125.82
  • Year Built: 2006
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Microwave, Natural Gas, Refrigerator, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Whirlpool
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1750
  • Main Level Sq Ft: 2065
  • Total Sq Ft: 3815
  • Sq Ft Unheated Basement: 314
  • Sq Ft Unheated Main: 484
  • Sq Ft Unheated Total: 798

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Recreation Area, Street Lights
  • Association Fee: 1700.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Mills River
  • Middle School: Rugby
  • High School: West Henderson

Lot Info

  • Lot Features: Corner Lot, Level, Long Range View, Mountain View, Paved Frontage, Private, Sloping, Trees, Views, Year Round View
  • Lot Size Area: 1.060
  • Parcel Number: 9974733
  • Plat Book Slide: SLD 5419A
  • Zoning Specification: R3

Tax Info

  • Tax Value: 515300.00
  • Tax Location: Mills River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Apr 2, 2019
Sold by
Gibson William Robert
Bought by
Allen John B and Allen Susan V
Seller's Agent
David Gregg
Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Lee Stepp
Allen Tate/Beverly-Hanks Hendersonville
List Price
$539,000
Sold Price
$480,000
Premium/Discount to List
-$59,000
-10.95%
Current Estimated Value
$920,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,762
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
May 30, 2008
Sold by
Not Provided
Bought by
Gibson William Robert and Gibson Joan M

Purchase Details

Closed on
Mar 27, 2007
Sold by
Homestead At Mills River L
Bought by
Booth Wallace W and Le Wren Booth R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Allen John B $480,000 --
Gibson William Robert $510,000 --
Booth Wallace W $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibson William $404,125
Previous Owner Gibson William Robert $50,000
Previous Owner Gibson William Robert $434,000
Previous Owner Gibson William Robert $28,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $480,000 -8.6% $126 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/05/2019 02/05/19 Price Changed $525,000 -1.7% $138 / Sq Ft
01/14/2019 01/14/19 Price Changed $534,000 -0.9% $140 / Sq Ft
11/29/2018 11/29/18 For Sale $539,000 +12.3% $141 / Sq Ft
11/28/2018 11/28/18 Off Market $480,000 -- --
10/02/2018 10/02/18 Price Changed $539,000 -2.0% $141 / Sq Ft
09/08/2018 09/08/18 Price Changed $550,000 -3.5% $144 / Sq Ft
06/27/2018 06/27/18 For Sale $569,900 -- $149 / 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 $3,716 $699,900 $76,100 $623,800
2024 $3,716 $699,900 $76,100 $623,800
2023 $3,716 $699,900 $76,100 $623,800
2022 $3,704 $552,000 $60,800 $491,200
2021 $3,704 $552,000 $60,800 $491,200
2020 $3,704 $552,000 $0 $0
2019 $3,678 $548,200 $0 $0
2018 $3,375 $515,300 $0 $0
2017 $3,375 $515,300 $0 $0
2016 $3,375 $515,300 $0 $0
2015 -- $515,300 $0 $0
2014 -- $533,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3407410

Canopy MLS (Canopy Realtor® Association)

APN: 9974733