NOT LISTED FOR SALE

Estimated Value: $394,000 - $487,000

3 Beds
1.5 Baths
1,321 Sq Ft
$329/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $380,000 $288 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,473/month

Highlights

  • Ranch Style House
  • Built-In Features
  • Shed
  • Wood Flooring
  • Laundry Room
  • Fire Pit

About This Home

As of September 2022

This home is located at 470 Gorman Bridge Rd, Asheville, NC 28806 since 27 June 2022 and is currently estimated at $435,010, approximately $329 per square foot. This property was built in 1963. 470 Gorman Bridge Rd is a home located in Buncombe County with nearby schools including Clyde A. Erwin High School, Emma Elementary School, and Clyde A. Erwin Middle School.

Last Agent to Sell the Property

Nikki Freeman

Asheville Realty Group License #323623 Listed on: 06/27/2022

Co-Listed By

Kelsey Johnson

ERA Live Moore License #293923

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,172

Year Built

  • Built in 1963

Lot Details

  • Fenced
  • Zoning described as R-3

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Attic Fan

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Central Heating
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9629-85-8140-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,172

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1963
  • Ratio Current Price By Acre: 506666.67
  • Doors and Windows: Storm Door(s)
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 287.66
  • Special Features: None

Interior Features

  • Foundation Details: Basement Garage Door, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Fan, Basement Shop, Built Ins, Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1321
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1323
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1323
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Electric Cooktop, Dishwasher, Dryer, Exhaust Hood, Microwave, Network Ready, Refrigerator, Wall Oven, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1321
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: Fence, Fire Pit, Shed(s)
  • New Construction: No
  • Tax Location: Asheville
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Baseboard, Central
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement
  • Water Source: Public

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 9629-85-8140-00000
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.14925

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 26, 2022
Sold by
Allard Kerri L and Allard Joshua L
Bought by
Derstine Nathan Hail
Seller's Agent
Nikki Freeman
Asheville Realty Group
Buyer's Agent
Non Member
Canopy Administration
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$435,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,010
Avg. Annual Appreciation
4.39%
Original Mortgage
$304,000
Outstanding Balance
$290,775
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$144,235

Purchase Details

Listed on
May 1, 2019
Closed on
Sep 19, 2019
Sold by
Insel Robert C and Insel Linda G
Bought by
Allard Kerri L and Allard Joshua L
Seller's Agent
Richard Jones III
Divitia Realty
Buyer's Agent
Elizabeth Lang
Welcome Real Estate
List Price
$292,900
Sold Price
$272,000
Premium/Discount to List
-$20,900
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$217,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2017
Closed on
Dec 1, 2017
Sold by
Smith Adrienne and Smith Robert
Bought by
Insel Robert C and Baldasaro Kimberly L
Seller's Agent
Chad Johnson
Malin & Co. Realty Group, LLC
Buyer's Agent
Mark Fields
Mark Fields & Associates
List Price
$279,000
Sold Price
$278,000
Premium/Discount to List
-$1,000
-0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.20%
Original Mortgage
$250,200
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2012
Closed on
Oct 1, 2012
Sold by
Boyd Wesley N and Boyd Jessica P
Bought by
Smith Adrienne and Smith Robert
Seller's Agent
LaNita Cloninger
Howard Hanna Beverly-Hanks Asheville-Downtown
Buyer's Agent
Katie Prendergast
Keller Williams Professionals
List Price
$160,000
Sold Price
$155,450
Premium/Discount to List
-$4,550
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Original Mortgage
$160,579
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Dec 3, 2004
Sold by
Gash Betty Austin and Lyle Boyd A
Bought by
Boyd Wesley N and Sigmon Jessica P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,600
Interest Rate
6.25%
Mortgage Type
Unknown
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
Derstine Nathan Hail $380,000 --
Allard Kerri L $272,000 None Available
Insel Robert C $278,000 None Available
Smith Adrienne $155,500 None Available
Boyd Wesley N $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derstine Nathan Hail $304,000
Previous Owner Allard Kerri L $217,600
Previous Owner Insel Robert C $250,200
Previous Owner Smith Adrienne $160,579
Previous Owner Boyd Wesley N $108,600
Closed Boyd Wesley N $27,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2022 09/26/22 Sold $380,000 +1.3% $288 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $375,000 +37.9% $284 / Sq Ft
09/27/2019 09/27/19 Sold $272,000 -2.9% $206 / Sq Ft View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $280,000 -1.8% $212 / Sq Ft
06/01/2019 06/01/19 Price Changed $285,000 -1.4% $216 / Sq Ft
05/13/2019 05/13/19 Price Changed $289,000 -1.3% $219 / Sq Ft
05/01/2019 05/01/19 For Sale $292,900 +5.4% $222 / Sq Ft
12/05/2017 12/05/17 Sold $278,000 -0.4% $210 / Sq Ft View Prior Sale
10/25/2017 10/25/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $279,000 +79.5% $211 / Sq Ft
10/02/2012 10/02/12 Sold $155,450 -2.8% $120 / Sq Ft View Prior Sale
09/02/2012 09/02/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $160,000 -- $123 / 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 $2,172 $332,800 $42,700 $290,100
2024 $2,172 $332,800 $42,700 $290,100
2023 $2,172 $332,800 $42,700 $290,100
2022 $2,033 $326,300 $0 $0
2021 $2,033 $326,300 $0 $0
2020 $1,495 $223,400 $0 $0
2019 $1,405 $210,000 $0 $0
2018 $1,101 $167,000 $0 $0
2017 $1,098 $135,000 $0 $0
2016 $977 $135,000 $0 $0
2015 $977 $135,000 $0 $0
2014 $950 $135,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876725

Canopy MLS (Canopy Realtor® Association)

APN: 9629-85-8140-00000