NOT LISTED FOR SALE

440 Terrys Gap Rd Unit 1,2,3 Fletcher, NC 28732

Estimated Value: $386,000 - $493,095

3 Beds
3 Baths
1,795 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $476,000 $265 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,572/month

112 Days on Market

Highlights

  • Gated Community
  • Wood Burning Stove
  • Cathedral Ceiling
  • Fruit Trees
  • Arts and Crafts Architecture
  • Walk-In Pantry

About This Home

As of July 2021

Perfect location with endless possibilities! Electronic gate leads to your 3 acre mountain oasis! Cleverly & fully renovated home retains much of its original 1930's charm. Lower level could be a completely separate living area. Breathtaking mountain views. Includes 2 previously subdivided half acre additional lots with huge income potential. Tiny homes could bring in AirBNB proceeds to offset your mortgage. Or bring your horses. Perfect equestrian location for a barn & pasture. No HOA! Outbuildings including detached insulated 2 car garage workshop with own electrical system & custom lighting. Whole house generator hook up. Numerous mature fruit trees, nut & berry bushes, chicken coop & wood shed. Only 12 miles from Lake Lure, 8 miles from DT HVL & a short 20 minute drive to DT AVL. Priced below appraised value for instant equity!

Last Agent to Sell the Property

Michelle Ranieri

Southern Homes of the Carolinas, Inc License #229505 Listed on: 02/20/2021

Last Buyer's Agent

Elana Flanigan

Fathom Realty License #276597

Fathom Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • Home fronts a stream
  • Front Green Space
  • Open Lot
  • Cleared Lot
  • Fruit Trees
  • Many Trees

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Walk-In Pantry

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • Workshop in Garage
  • Gravel Driveway

Outdoor Features

  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Additional Features

  • Machine Shed
  • Septic Tank

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 9682-17-1675

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 1.01277
  • Ratio Close Price By Original Li: 0.95678
  • Ratio Current Price By Acre: 156578.95
  • Ratio Current Price By Sq Ft: 265.18
  • Year Built: 1937
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Self Cleaning Oven, Washer
  • Fireplace Description: Bonus Room, Den, Wood Burning, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Garage Shop, Pantry, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Additional: 220
  • Sq Ft Basement: 306
  • Main Level Sq Ft: 1489
  • Total Sq Ft: 1795
  • Sq Ft Unheated Basement: 220
  • Sq Ft Unheated Total: 220

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Outbuilding, Shed(s), Tractor Shed, Workshop

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Parking: Detached Garage, Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - Heat, Woodstove
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community

Schools

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

Lot Info

  • Lot Features: Cleared, Fruit Trees, Green Area, Mountain View, Open Lot, Paved Frontage, Rolling, Stream/Creek, Trees, Views, Year Round View
  • Lot Size Area: 3.040
  • Parcel Number: 9682-17-1675
  • Plat Reference Section Pages: 994
  • Zoning Specification: R3

Tax Info

  • Tax Value: 123000.00
  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Rose Malgadey Alan Drew and Rose Malgdey Cindy
Current Estimated Value
$460,024

Purchase Details

Closed on
Jan 8, 2014
Sold by
Finch Brian A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2008
Sold by
Not Provided
Bought by
Finch Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.43%
Mortgage Type
New Conventional
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
Rose Malgadey Alan Drew -- --
Federal Home Loan Mortgage Corporation -- --
Finch Brian $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finch Brian $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $476,000 +1.3% $265 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $470,000 0.0% $262 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $470,000 0.0% $262 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/02/2021 05/02/21 Price Changed $470,000 -1.1% $262 / Sq Ft
04/16/2021 04/16/21 Price Changed $475,000 -4.5% $265 / Sq Ft
04/16/2021 04/16/21 For Sale $497,500 0.0% $277 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $497,500 -- $277 / 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 $1,911 $356,600 $45,300 $311,300
2024 $1,911 $356,600 $45,300 $311,300
2023 $1,911 $356,600 $45,300 $311,300
2022 $1,739 $257,200 $39,400 $217,800
2021 $477 $70,600 $39,400 $31,200
2020 $477 $70,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3710640

Canopy MLS (Canopy Realtor® Association)

APN: 9682171696