NOT LISTED FOR SALE

5035 Gerton Hwy Gerton, NC 28735

Estimated Value: $259,873 - $455,000

3 Beds
3 Baths
1,933 Sq Ft
$179/Sq Ft Est. Value

Last Sold December 16, 2015

Last sale price $177,000 $92 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,911/month

559 Days on Market

Highlights

  • Wooded Lot
  • Cottage
  • Front Green Space
  • Wood Flooring
  • Breakfast Bar
  • Shed

About This Home

As of December 2015

Charming Country get away! Owner Financing Available. 2nd Home or Investors dream. Enjoy the peacefulness of the Mountains on your many outside decks or spend family nights in the Great room in front of the fireplace. This cottage offers all the upgrades needed for move in ready. Just minutes from Asheville or Lake Lure.

Last Agent to Sell the Property

D'Ann Ford

Premier Sotheby’s International Realty License #238770 Listed on: 04/11/2014

Premier Sotheby’s International Realty

Last Buyer's Agent

Chrissie Miller

EXP Realty LLC License #266653

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1954

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot

Home Design

  • Cottage

Interior Spaces

  • 3 Full Bathrooms
  • Gas Log Fireplace
  • Window Treatments
  • Wood Flooring
  • Breakfast Bar

Outdoor Features

  • Shed

Listing and Financial Details

  • Assessor Parcel Number 0604355924

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,045

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.88544
  • Ratio Close Price By Original Li: 0.59197
  • Ratio Current Price By Acre: 89847.72
  • Ratio Current Price By Sq Ft: 91.57
  • Year Built: 1954
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Generator, Gas Oven
  • Fireplace Description: Gas Vented, Gas Logs
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Pantry, Window Treatments
  • Laundry Location: Basement
  • Room Count: 2
  • Second Living Quarters: Interior Connected
  • Sq Ft Basement: 616
  • Main Level Sq Ft: 1317
  • Total Sq Ft: 1933

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Window Unit
  • Sewer: Septic Tank
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Green Area, Level, Wooded
  • Lot Size Area: 1.970
  • Parcel Number: 0604355924
  • Plat Reference Section Pages: 1551
  • Zoning Specification: OU

Tax Info

  • Tax Location: Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Dec 14, 2015
Sold by
Cabal Julio
Bought by
Reese Peter
Seller's Agent
D'Ann Ford
Premier Sotheby’s International Realty
Buyer's Agent
Chrissie Miller
EXP Realty LLC
List Price
$299,000
Sold Price
$177,000
Premium/Discount to List
-$122,000
-40.8%
Current Estimated Value
$345,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,468
Avg. Annual Appreciation
7.04%
Original Mortgage
$177,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2013
Sold by
Cabal Julio
Bought by
Mccurry Bonnie L
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
Reese Peter $177,000 --
Mccurry Bonnie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Peter J $166,000
Closed Reese Peter $177,000
Previous Owner Cabal Julio $150,000
Previous Owner Cabal Julio $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $177,000 -40.8% $92 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
04/11/2014 04/11/14 For Sale $299,000 -- $155 / 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 $1,045 $184,600 $22,400 $162,200
2024 $1,045 $184,600 $22,400 $162,200
2023 $1,045 $184,600 $22,400 $162,200
2022 $773 $111,100 $17,900 $93,200
2021 $773 $111,100 $17,900 $93,200
2020 $773 $111,100 $0 $0
2019 $762 $111,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM559345

Canopy MLS (Canopy Realtor® Association)

APN: 1016311