NOT LISTED FOR SALE

789 Mckenzie Way S Old Fort, NC 28762

Estimated Value: $1,093,000 - $1,564,000

4 Beds
6 Baths
3,140 Sq Ft
$431/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $968,060 $308 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,022/month

7 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Wooded Lot
  • Open Floorplan
  • Private Lot
  • Engineered Wood Flooring

About This Home

As of January 2021

One-of-a-kind property located in Gateway Mountain, nestled between Black Mountain and Lake Lure, perfect for a private or corporate retreat. This 15.81-acre site has 4 buildings, with an architectural design inspired by an informal lifestyle. An emphasis on beauty and habitability with care and attention to the quality of each space inside and out. All aspects of this unique property are filled with special details and surrounded by natural forms, lots of daylight, and natural materials. The 3 Bd, 3.5 Ba main house has cherry floors and cabinetry and a stone fireplace. A courtyard pathway leads to the 1 Bd, 1 Ba guest house. The detached garage with a carport and oversized 1 car enclosed space also has an office area and a lower level workshop, which could be utilized as an artist or recording studio all under A/C & heat. The home boasts a geothermal HVAC, a 16K propane generator, solar energy system, a 750-gallon cistern, and cleared and marked hiking trails. Has rental history.

Last Agent to Sell the Property

Wes and Cathy Cleary

Team Cleary Real Estate Inc License #295716 Listed on: 11/01/2020

Last Buyer's Agent

Gloria Fridrich

Heritage Homes LLC License #204583

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $94 Monthly HOA Fees

Parking

  • 1

Home Design

  • Spray Foam Insulation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Oven
  • Laundry Chute

Flooring

  • Engineered Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Separate Outdoor Workshop
  • Machine Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-35-3163

Community Details

Overview

  • Darlene Nolan Association, Phone Number (828) 668-7878
  • Community Lake

Recreation

  • Trails

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$94 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97000
  • Ratio Close Price By Original Li: 0.97000
  • Ratio Current Price By Acre: 61230.87
  • Ratio Current Price By Sq Ft: 308.30
  • Special Assessment Description: Road paving assessment fiscal years 2021-2025 $230/year
  • Special Assessment Yn: Yes
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 526
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Oven, Propane, Radon Mitigation System, Refrigerator, Security System, Trash Compactor, Washer
  • Fireplace Description: Gas Logs, Gas Vented, Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Prefinished Wood, Tile, Wood
  • H O A Management Phone: 828-668-7878
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Laundry Chute, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 5
  • Second Living Quarters: Exterior Connected, Exterior Not Connected, Guest House
  • Second Living Quarters Hla: 394
  • Sq Ft Additional: 2320
  • Sq Ft Basement: 746
  • Main Level Sq Ft: 1868
  • Total Sq Ft: 3140
  • Sq Ft Unheated Basement: 103
  • Sq Ft Unheated Total: 103

Exterior Features

  • Construction: Concrete Block, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: g-Rainwater Catchment, Satellite Internet Available, Tractor Shed, Workshop

Garage/Parking

  • Driveway: Stone
  • Parking: Carport - 1 Car, Detached Garage, Driveway, Garage - 1 Car, Parking Space - 4+

Utilities

  • Green Building Features: g-Photovoltaic – Solar Power, g-Spray Foam Insulation
  • Heating: Ductless/Mini-Split System, g-Geothermal, Heat Pump - AC, Heat Pump - Heat, g-Radiant Heated Floors
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Picnic Area, Walking Trails
  • Association Fee: 1124.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Darlene Nolan
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Old Fort
  • Middle School: McDowell
  • High School: McDowell

Lot Info

  • Lot Features: Private, Sloping, Trees, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 15.810
  • Parcel Number: 0656-00-35-3163
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 940330.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2020
Closed on
Jan 11, 2021
Sold by
Johnson Michael P and Johnson Karen J
Bought by
Fridrich Peter Q and Fridrich Gloria
Seller's Agent
Wes and Cathy Cleary
Team Cleary Real Estate Inc
Buyer's Agent
Gloria Fridrich
Heritage Homes LLC
List Price
$998,000
Sold Price
$968,060
Premium/Discount to List
-$29,940
-3%
Total Days on Market
7
Current Estimated Value
$1,353,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,467
Avg. Annual Appreciation
7.93%
Original Mortgage
$548,250
Outstanding Balance
$420,244
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$933,283

Purchase Details

Closed on
May 1, 2001
Bought by
Johnson Michael P and Johnson Karen J
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
Fridrich Peter Q $968,500 None Available
Johnson Michael P $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fridrich Peter Q $548,250
Previous Owner Johnson Michael P $333,300
Previous Owner Johnson Michael P $361,000
Previous Owner Johnson Michael P $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $968,060 -3.0% $308 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $998,000 -- $318 / 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 $8,936 $1,317,980 $130,270 $1,187,710
2023 $8,936 $1,317,980 $130,270 $1,187,710
2022 $6,452 $937,730 $130,270 $807,460
2021 $6,452 $937,730 $130,270 $807,460
2020 $6,564 $940,330 $0 $0
2019 $6,564 $549,610 $0 $0
2017 $4,624 $721,920 $0 $0
2016 $4,624 $532,610 $130,270 $402,340
2014 -- $549,610 $130,270 $419,340
2013 -- $549,610 $130,270 $419,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3678081

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-35-3163