NOT LISTED FOR SALE

8 Gower Ln Arden, NC 28704

Estimated Value: $902,000 - $1,069,000

4 Beds
3.5 Baths
3,785 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2020

Last sale price $680,000 $180 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,664 / mo

18 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Attic
  • Glen Arden Elementary School Rated A-
  • Wood Flooring
  • Walk-In Pantry

About This Home

As of March 2020

Located in one of South Asheville's most desirable communities, this gorgeous, custom built home features 4 or 5 bedrooms, 3.5 baths, office, family room, bonus room and is situated on a beautifully landscaped, level, 3/4 acre cul-de-sac lot. This immaculate home boasts a grand, 2 story great room with stone fireplace that opens up to a huge kitchen with new SS appliances, granite counters, hardwood floors, breakfast nook and an open dining room area. The main level master suite opens to a spacious bath with Jacuzzi tub and walk-in shower. 10 foot ceilings with beautiful crown moldings and over-sized windows bring in tons of natural light. The upper level features 3 large bedrooms (2nd master) and a large bonus/flex room for additional guests or a media room. The lower level has a large family/game room and a massive unfinished basement that is plumbed, wired and framed for easy expansion. The home also features a beautiful screened porch for family entertaining and a huge 3 car garage

Last Agent to Sell the Property

David Gregg

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #248481 Listed on: 01/29/2020

Co-Listed By

Janet Gregg

Howard Hanna Beverly-Hanks Asheville-Biltmore Park License #283077

Last Buyer's Agent

Steph Clark

Sarver Realty Group, LLC License #311549

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Level Lot
  • Many Trees

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 3

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 9664-43-9850-00000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0.73 Acres

HOA Fees

$31 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.00741
  • Ratio Close Price By Original Li: 1.00741
  • Ratio Current Price By Acre: 931506.85
  • Ratio Current Price By Sq Ft: 179.66
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1226
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Wall Oven, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Gas Vented, Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Basement Shop, Breakfast Bar, Built-Ins, Cable Available, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 434
  • Main Level Sq Ft: 2125
  • Total Sq Ft: 3785
  • Sq Ft Unheated Basement: 1420
  • Sq Ft Unheated Main: 216
  • Sq Ft Unheated Total: 1636

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas, g-Radiant Heated Floors
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Level, Paved Frontage, Private, Trees
  • Parcel Number: 9664-43-9850-00000
  • Plat Book Slide: 78/45
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 522000.00
  • Tax Location: Arden

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 19, 2020
Sold by
Gwennap Jack Timothy and Gwennap Elizabeth Todd
Bought by
Mcmahan Chonzie R and Mcmahan Jennifer A
Seller's Agent
David Gregg
Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Buyer's Agent
Steph Clark
Sarver Realty Group, LLC
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Current Estimated Value
$978,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,525
Avg. Annual Appreciation
6.08%
Original Mortgage
$646,000
Outstanding Balance
$571,034
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$407,491

Purchase Details

Closed on
May 10, 2001
Sold by
The Cotswolds Development Company Inc
Bought by
Gwennap Jack Timothy and Gwennap Elizabeth Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,775
Interest Rate
7.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Mcmahan Chonzie R $680,000 None Available
Gwennap Jack Timothy $74,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Mcmahan Chonzie R $646,000
Previous Owner Gwennap Jack Timothy $70,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $680,000 +0.7% $180 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $675,000 0.0% $178 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $675,000 -- $178 / Sq Ft
Source: Canopy MLS

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 $4,061 $659,600 $137,000 $522,600
2024 $4,061 $659,600 $137,000 $522,600
2023 $4,061 $659,600 $137,000 $522,600
2022 $3,865 $659,600 $0 $0
2021 $3,865 $659,600 $0 $0
2020 $3,289 $522,000 $0 $0
2019 $3,289 $522,000 $0 $0
2018 $3,289 $522,000 $0 $0
2017 $3,289 $470,800 $0 $0
2016 $3,272 $470,800 $0 $0
2015 $3,272 $470,800 $0 $0
2014 $3,272 $470,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Gregg

    Seller's Agent in 2020

    David Gregg

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    (828) 687-0293

    4 in this area

    49 Total Sales

    David Gregg
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Janet Gregg

    Howard Hanna Beverly-Hanks Asheville-Biltmore Park

    (828) 702-9228

    2 in this area

    39 Total Sales

    Janet Gregg
    Section Image
  • Steph Clark

    Buyer's Agent in 2020

    Steph Clark

    Sarver Realty Group, LLC

    (603) 275-5893

    31 Total Sales

    Steph Clark
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3586301

Canopy MLS

APN: 9664-43-9850-00000

North Carolina Buncombe County Arden 28704

8 Gower Ln, Arden, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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