$485,000
SOLD MAY 14, 2025

511 Gilreath Loop Rd Mills River, NC 28759

3 Beds
2.5 Baths
1,715 Sq Ft
1.8 Acres

Recently Sold

$283 Per Sq Ft

3% Below List Price

61 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Wood Flooring
  • Mills River Elementary School Rated A-
  • Arts and Crafts Architecture
  • Screened Porch

About This Home

As of May 2025

Great opportunity in Mills River! Sitting on just under 2 wooded and private acres with a stream flowing through the property, this wonderful home is waiting for new owners! Cozy and with tons of character, it is move-in ready w/ a brand new roof installed in 2025! The main level has a spacious open kitchen & dining area with French doors leading into a lovely sun-room & screened in porch! Two bedrooms & a full bath complete the main level. Upstairs is devoted entirely to the primary suite oasis, with tongue & groove ceilings, a large walk-in closet, mini office nook & a gorgeous bathroom. The basement of this home was set up for a home office that offers several meeting or storage spaces. There is also plenty of room for a workshop or studio. Outside you'll find two good sized decks which are perfect for listening to the babbling stream. The completely wooded lot means no lawn to maintain! A circular asphalt driveway completes this home! Minutes from Asheville Airport and breweries!

Last Agent to Sell the Property

Tom Crook

Asheville Realty Group Brokerage Email: INFO@AshevilleRealtyGroup.com License #227595 Listed on: 02/06/2025

Last Buyer's Agent

Mark Fields

MARK FIELDS REAL ESTATE License #259946

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Private Lot
  • Wooded Lot
  • Property is zoned MR-MU

Parking

  • Circular Driveway

Home Design

  • Arts and Crafts Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Screened Porch

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Finished Basement

  • Interior and Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Access to stream, creek or river
  • Fire Pit
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9946672

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 1975
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 282.80
  • Geocode Confidence: Medium
  • Attribution Contact: INFO@AshevilleRealtyGroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1064
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 651
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1715
  • Has Basement: Exterior Entry, Finished, Interior Entry, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1715
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Circular Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Creek Front, Private, Creek/Stream, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 9946672
  • Zoning: MR-MU
  • ResoLotSizeUnits: Acres
  • Zoning Specification: MR-MU

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
May 6, 2025
Sold by
Boop Donald C and Boop Paula L
Bought by
Ward T Alan
Seller's Agent
Tom Crook
Asheville Realty Group
Buyer's Agent
Mark Fields
MARK FIELDS REAL ESTATE
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%
Views
97
Current Estimated Value
$488,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,952
Avg. Annual Appreciation
1.26%
Original Mortgage
$383,000
Outstanding Balance
$381,641
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$107,311

Purchase Details

Closed on
May 21, 2014
Sold by
Boop Donald C and Boop Paula L
Bought by
Haskins Jackson Bari Jan

Purchase Details

Closed on
May 19, 2014
Sold by
Boop Donald C and Boop Paula L
Bought by
Haskins Jackson Bari Jan
Source: Public Records

Range of Values:

--
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 Type Sale Price Title Company
Warranty Deed $485,000 None Listed On Document
Warranty Deed $485,000 None Listed On Document
Warranty Deed $344,000 --
Warranty Deed $344,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $383,000 New Conventional
Closed $383,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $485,000 -2.8% $283 / Sq Ft
02/06/2025 02/06/25 For Sale $499,000 -- $291 / 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 $1,301 $301,900 $76,000 $225,900
2024 $14 $327,000 $76,000 $251,000
2023 $1,409 $327,000 $76,000 $251,000
2022 $1,257 $224,000 $48,100 $175,900
2021 $1,257 $224,000 $48,100 $175,900
2020 $1,257 $224,000 $0 $0
2019 $1,257 $224,000 $0 $0
2018 $1,140 $201,700 $0 $0
2017 $1,140 $201,700 $0 $0
2016 $1,140 $201,700 $0 $0
2015 -- $201,700 $0 $0
2014 -- $191,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4218219

Canopy MLS (Canopy Realtor® Association)

APN: 9946672