NOT LISTED FOR SALE

540 Gilreath Loop Rd Mills River, NC 28759

Estimated Value: $349,897 - $396,000

2 Beds
1 Bath
1,358 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $229,000 $169 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,115/month

354 Days on Market

Highlights

  • Fruit Trees
  • Private Lot
  • Wood Flooring
  • Mills River Elementary School Rated A-
  • Traditional Architecture
  • Fireplace

About This Home

As of August 2020

Back on market, loan fell through. Excellent location in Mills River. Lots of updates, finished hardwood floors, granite counter tops, remodeled walk-out basement/garage with bonus room. Would make a great rental, starter home, perfect opportunity for first time home buyer, investment, or a vacation get-away. Property nicely located top of knoll. Land bordering, beautiful, green pastures and near-by Pisgah National Forest. Good sunlight, mature shade trees, garden space, big, private lot. Warm n cozy, adorable, cottage feel. Good location provides easy access to Asheville Airport, South Asheville, Arden, Hendersonville and Brevard. House was a 3 bed room converted into 2 bed room. Established neighborhood with private setting, yet close to everything you need. Wonderful area...no HOA fees, low taxes. New, updated, septic system installed. New survey.

Last Agent to Sell the Property

Benjamin Ford

Mountain Vista Properties License #192852 Listed on: 07/24/2019

Last Buyer's Agent

Julie Smith

Allen Tate/Beverly-Hanks Asheville-Downtown License #180470

Allen Tate/Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Front Green Space
  • Private Lot
  • Fruit Trees
  • Wooded Lot
  • Many Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1 Full Bathroom
  • Fireplace
  • Wood Flooring
  • Oven

Parking

  • Workshop in Garage
  • Gravel Driveway

Outdoor Features

  • Fire Pit
  • Shed

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 9928321

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.95816
  • Ratio Close Price By Original Li: 0.97447
  • Ratio Current Price By Acre: 293589.74
  • Ratio Current Price By Sq Ft: 168.63
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Cooktop Electric, Microwave, Oven, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Basement Shop, Garage Shop
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 340
  • Main Level Sq Ft: 1018
  • Total Sq Ft: 1358
  • Sq Ft Unheated Basement: 673
  • Sq Ft Unheated Total: 673

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement, Driveway, Garage Door Opener

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Fruit Trees, Green Area, Mountain View, Paved Frontage, Private, Sloping, Trees, Views, Wooded
  • Lot Size Area: 0.780
  • Parcel Number: 9928321
  • Zoning Specification: MR-MU

Tax Info

  • Tax Value: 141300.00
  • Tax Location: Mills River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2019
Closed on
Aug 10, 2020
Sold by
Satterfield Courtney Kay and Satterfield Cortney Kay
Bought by
Trantham Emry S and Trantham Jeffory C
Seller's Agent
Benjamin Ford
Mountain Vista Properties
Buyer's Agent
Julie Smith
Allen Tate/Beverly-Hanks Asheville-Downtown
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%
Current Estimated Value
$372,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,974
Avg. Annual Appreciation
11.65%
Original Mortgage
$217,550
Outstanding Balance
$194,372
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$202,586

Purchase Details

Closed on
May 23, 2016
Sold by
Satterfield Jeremiah Lee
Bought by
Satterfield Courtney Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2013
Closed on
May 29, 2013
Sold by
Knaperak Todd E
Bought by
Satterfield Jeremiah Lee and Satterfield Courtney Kay
Seller's Agent
Rowena Patton
EXP Realty LLC
Buyer's Agent
Kari Hagan
Coldwell Banker Advantage
List Price
$134,000
Sold Price
$128,500
Premium/Discount to List
-$5,500
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$129,897
Interest Rate
3.37%
Mortgage Type
Cash

Purchase Details

Closed on
Dec 7, 2005
Sold by
Not Provided
Bought by
Knaperak Todd E and Longworth Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.04%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 30, 2005
Sold by
Not Provided
Bought by
Knaperak Todd E and Longworth Amy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.04%
Mortgage Type
Cash
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
Trantham Emry S $229,000 None Available
Satterfield Courtney Kay -- --
Satterfield Jeremiah Lee $128,500 --
Knaperak Todd E -- --
Knaperak Todd E $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trantham Emry S $217,550
Previous Owner Satterfield Courtney Kay $125,000
Previous Owner Satterfield Jeremiah Lee $129,897
Previous Owner Knaperek Todd E $112,800
Previous Owner Knaperak Todd E $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $229,000 -4.2% $169 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $239,000 0.0% $176 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $239,000 0.0% $176 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $239,000 +4.4% $176 / Sq Ft
01/06/2020 01/06/20 Off Market $229,000 -- --
11/18/2019 11/18/19 Price Changed $239,000 -2.4% $176 / Sq Ft
09/10/2019 09/10/19 Price Changed $245,000 +4.3% $180 / Sq Ft
09/10/2019 09/10/19 For Sale $235,000 0.0% $173 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $235,000 +82.9% $173 / Sq Ft
05/29/2013 05/29/13 Sold $128,500 -4.1% $126 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $134,000 -- $132 / 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 $985 $228,500 $52,700 $175,800
2024 $985 $228,500 $52,700 $175,800
2023 $985 $228,500 $52,700 $175,800
2022 $806 $143,700 $34,500 $109,200
2021 $806 $141,300 $34,500 $106,800
2020 $793 $141,300 $0 $0
2019 $793 $141,300 $0 $0
2018 $599 $106,100 $0 $0
2017 $599 $106,100 $0 $0
2016 $599 $106,100 $0 $0
2015 -- $106,100 $0 $0
2014 -- $100,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3532524

Canopy MLS (Canopy Realtor® Association)

APN: 9928321