NOT LISTED FOR SALE

57 Chestnut Hill Rd Gerton, NC 28735

Estimated Value: $368,000 - $451,000

2 Beds
2 Baths
1,220 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $184,000 $151 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,338/month

36 Days on Market

Highlights

  • Spa
  • Pond
  • Cottage
  • Clubhouse
  • Wooded Lot
  • Shed

About This Home

As of November 2017

Motivated Seller! Super cute vintage cottage currently used as VBRO rental in desirable Chestnut Hills Community of Gerton. Completely unpdated in 2016 with new heat pump/HVAC, electric, appliances (including W/D), deck, bathrooms, porch, foundation. New roof in 2015. Tastefully/fully furnished and everything conveys. New hot tub, fire pit, small creek and Little Bearwallow Falls Hiking Trail literally in back yard. Only 25 mins to Asheville/15 mins to Lake Lure. Community commons and lake.

Last Agent to Sell the Property

James Earnhardt

Allen Tate/Beverly-Hanks, Lake Lure License #295335 Listed on: 09/21/2017

Last Buyer's Agent

Rebecca Loomer

Fox Den Realty License #293381

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Home fronts a stream
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Cottage

Outdoor Features

  • Spa
  • Pond
  • Fire Pit
  • Shed

Additional Features

  • Kitchen Island
  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 0604540860

Community Details

Overview

  • Chestnut Hills Association

Amenities

  • Clubhouse

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.94602
  • Ratio Close Price By Original Li: 0.94359
  • Ratio Current Price By Acre: 634482.76
  • Ratio Current Price By Sq Ft: 150.82
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space, Pier & Beam
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer, Propane, Gas Oven
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Kitchen Island
  • Laundry Location: Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1220
  • Total Sq Ft: 1220

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Shed(s), Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Earth
  • Parking: Carport - 1 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Pond, Walking Trails
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Chestnut Hills
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: survey attached
  • Lot Features: Paved Frontage, Stream/Creek, Wooded, Year Round View
  • Lot Size Area: 0.290
  • Parcel Number: 0604540860
  • Plat Book Slide: 2015/9951
  • Plat Reference Section Pages: 298
  • Zoning: Residential
  • Zoning Specification: R3

Tax Info

  • Tax Value: 84000.00
  • Tax Amount Ncm: 579.60
  • Tax Location: Gerton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 17, 2017
Sold by
North Carolina Mountain Co
Bought by
Peine James and Charles Mallory
Seller's Agent
James Earnhardt
Allen Tate/Beverly-Hanks, Lake Lure
Buyer's Agent
Rebecca Loomer
Fox Den Realty
List Price
$195,000
Sold Price
$184,000
Premium/Discount to List
-$11,000
-5.64%
Current Estimated Value
$397,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,167
Avg. Annual Appreciation
10.87%

Purchase Details

Listed on
Jul 11, 2015
Closed on
Oct 29, 2015
Sold by
Thompson Robert B Thomps
Bought by
North Carolina Mountain Cottag
Seller's Agent
Sylvia Pardo
Move Asheville Realty
Buyer's Agent
Jeff Donaldson
Apple Country Realty LLC
List Price
$154,900
Sold Price
$100,000
Premium/Discount to List
-$54,900
-35.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.06%
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
Peine James $184,000 --
North Carolina Mountain Cottag $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $184,000 -5.6% $151 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $195,000 +95.0% $160 / Sq Ft
11/30/2015 11/30/15 Sold $100,000 -35.4% $89 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $154,900 -- $138 / 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 $1,786 $315,500 $80,000 $235,500
2024 $1,786 $315,500 $80,000 $235,500
2023 $1,786 $315,500 $80,000 $235,500
2022 $1,348 $193,700 $60,000 $133,700
2021 $1,348 $193,700 $60,000 $133,700
2020 $1,348 $193,700 $0 $0
2019 $1,329 $193,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3322613

Canopy MLS (Canopy Realtor® Association)

APN: 604540860