NOT LISTED FOR SALE

650 Wolf Pen Cliffs Rd Old Fort, NC 28762

Estimated Value: $755,000 - $1,224,000

3 Beds
3 Baths
3,227 Sq Ft
$308/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,006,000 $312 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,819/month

1 Day on Market

Highlights

  • Open Floorplan
  • Hilly Lot
  • Arts and Crafts Architecture
  • Community Lake
  • Wooded Lot
  • Wood Flooring

About This Home

As of February 2022

Wow! This is your opportunity to purchase your million-dollar home with unique million-dollar views forever. This fantastic home was dreamed up by a couple visionists who hired the perfect architect and builder to make their dream come true. Living at the end of the road in a 3,000-acre gated community in Western NC close to Lake Lure, Black Mountain, Asheville and the Blue Ridge Parkway. Daytime first level living with great room, kitchen, office, screened porch and mud room to a big outdoor dining patio- all with expansive year-round mountain views. Take the elevator down to the second evening and nighttime level with another great room, and bedrooms. Master bed has a huge walk-in closet and a huge bath with two vanities and heated tile floor for extra warmth. Look over the photos and you will see that there are way too many features in this masterpiece.
The whole-house generator will keep you warm on cold nights. Enjoy the wood burning fireplace.

Last Agent to Sell the Property

Mike Cowal

Mike Cowal, Broker License #153057 Listed on: 01/27/2022

Last Buyer's Agent

Mike Cowal

Mike Cowal, Broker License #153057 Listed on: 01/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,415

Year Built

  • Built in 2016

Lot Details

  • Hilly Lot
  • Wooded Lot
  • Property is zoned OU, OU

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Composition Roof
  • Shingle Siding
  • Hardboard

Interior Spaces

  • Elevator
  • Open Floorplan
  • Sound System
  • Built-In Features
  • Wood Burning Fireplace
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Outdoor Kitchen
  • Terrace
  • Outdoor Gas Grill

Utilities

  • Zoned Heating System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 066600595989

Community Details

Overview

  • Darlene Nolen Association, Phone Number (828) 668-7878
  • Built by AR Construction
  • Gateway Mountain Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,415

Year Built

Built in 2016

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2016
  • Ratio Current Price By Acre: 157680.25
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet
  • Special Assessment Yn: 1
  • Special Assessment Description: $230 yearly to pave gravel roads
  • Road Surface Type: Asphalt, Brick, Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Built Ins, Elevator, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 1760
  • Main Level Sq Ft: 1467
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Screened
  • Appliances: Dishwasher, Dryer, Microwave, Network Ready, Propane Cooktop, Refrigerator, Security System, Surround Sound, Washer, Wine Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Living Area: 3227
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Kitchen, Satellite Internet Available, Terrace, Underground Power Lines
  • New Construction: No
  • Roof: Composition
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Dock, Paddlesport Launch Site - Community
  • Waterfront Elevation: 2500
  • Construction Type: Hardboard Siding, Shingle Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 624
  • Parking Features: Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Central, Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Lower Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Security, Walking Trails
  • Association Fee: 1167
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Darlene Nolen
  • Phone: 8286687878
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: gatewaypoa@yahoo.com

Lot Info

  • Lot Features: Hilly, Long Range View, Wooded, Wooded, Year Round View
  • Lot Size Area: 6.38
  • Lot Size Units: Acres
  • Parcel Number: 066600595989
  • Plat Book Slide: 11/41
  • Zoning Description: OU

Building Info

  • Builder Name: AR Construction

Tax Info

  • RATIO List Price By Tax Amount: 1.59600

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
Jan 27, 2022
Closed on
Feb 23, 2022
Sold by
French Michael A and Join John
Bought by
Farrar Robert
Seller's Agent
Mike Cowal
Mike Cowal, Broker
Buyer's Agent
Mike Cowal
Mike Cowal, Broker
List Price
$979,000
Sold Price
$1,006,000
Premium/Discount to List
$27,000
2.76%
Total Days on Market
1
Current Estimated Value
$993,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,801
Avg. Annual Appreciation
1.64%

Purchase Details

Closed on
Mar 22, 2018
Sold by
French Michael A and Johnsen John K
Bought by
French Michael A and Johnsen John K

Purchase Details

Closed on
Aug 12, 2011
Sold by
Old Fort Development Llc
Bought by
French Michael A and Johnsen John K
Source: Public Records

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Range of Values:

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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
Farrar Robert $1,006,000 None Listed On Document
French Michael A -- None Available
French Michael A $145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French Michael A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,006,000 +2.8% $312 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $979,000 -- $303 / 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
2024 $5,415 $798,640 $140,000 $658,640
2023 $5,415 $798,640 $140,000 $658,640
2022 $4,220 $613,410 $140,000 $473,410
2021 $4,220 $613,410 $140,000 $473,410
2020 $4,282 $613,410 $0 $0
2019 $4,282 $0 $0 $0
2017 $3,262 $509,270 $0 $0
2016 $3,262 $0 $0 $0
2014 $854 $140,000 $140,000 $0
2013 -- $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3818851

Canopy MLS (Canopy Realtor® Association)

APN: 0666-00-59-5989