NOT LISTED FOR SALE

842 Gateway Pkwy Old Fort, NC 28762

Estimated Value: $645,000 - $958,410

3 Beds
3 Baths
2,864 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $480,890 $168 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,039/month

162 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Pond
  • Open Floorplan
  • Private Lot
  • Wooded Lot

About This Home

As of October 2019

Beautiful log home in Gated Gateway Mountain with two story great room with fireplace and mountain views. Upgraded kitchen with pot filler, upgraded appliances, pantry cabinet and plenty of counter space. Open floor plan great for entertaining. Master bedroom on main with large master bath. Upper level bedroom with nice mountain views and full bath plus Loft area great for office or sitting room. Basement offers high ceilings, family room, bedroom, full bath and wet bar/recreation room with wine cooler. Relax on the large covered front porch and take in the mountain views. Many upgrades and abundant light throughout this home. Walk-out basement to concrete patio. Situated on 3.06 acres that overlooks community pond. Gateway Mountain offers the feel of living in a wooded forest with community lake, pond and a beautiful waterfall. Plenty of areas within the gates to enjoy the outdoors and nature. Only 20 mins to Black Mountain and 30 mins to Asheville. Home has never been lived in.

Last Agent to Sell the Property

Lynn Hathcock

Premier Sotheby’s International Realty License #251392 Listed on: 03/19/2019

Premier Sotheby’s International Realty

Last Buyer's Agent

Shannon Garrett

Allen Tate/Beverly-Hanks Hendersonville License #265464

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Pond
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-49-2260

Community Details

Overview

  • Community Lake

Recreation

  • Recreation Facilities

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$90 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin, Rustic
  • Ratio Close Price By List Price: 0.96197
  • Ratio Close Price By Original Li: 0.87594
  • Ratio Current Price By Acre: 157153.59
  • Ratio Current Price By Sq Ft: 167.91
  • Special Assessment Description: The special assessment was for a 5 year paving program through fiscal year 2020 at $200.00. A NEW special assessment for the next 5 years special paving project is $230 starting fiscal year 2021.
  • Special Assessment Yn: Yes
  • Year Built: 2010
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 609
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Gas Range, Microwave, Refrigerator, Propane, Gas Oven
  • Fireplace Description: Great Room, Propane
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 1009
  • Main Level Sq Ft: 1246
  • Total Sq Ft: 2864

Exterior Features

  • Construction: Log, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Basement, Garage - 1 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Pond, Recreation Area
  • Association Fee: 1079.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Mountain View, Private, Wooded, Year Round View
  • Lot Size Area: 3.060
  • Parcel Number: 0656-00-49-2260
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 515000.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Oct 2, 2019
Sold by
Schopmeyer Clarence Lee and Schopmeyer Ann R
Bought by
Costello Terry William and Costello Danielle Knowles
Seller's Agent
Lynn Hathcock
Premier Sotheby’s International Realty
Buyer's Agent
Shannon Garrett
Allen Tate/Beverly-Hanks Hendersonville
List Price
$549,000
Sold Price
$480,890
Premium/Discount to List
-$68,110
-12.41%
Current Estimated Value
$843,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,213
Avg. Annual Appreciation
10.00%
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2013
Sold by
Dickerson Sarah and Perry Curtis
Bought by
Schopmeyer Clarence Lee and Schopmeyer Ann R

Purchase Details

Closed on
Feb 2, 2007
Sold by
The Gateway Group Inc
Bought by
Perry Sarah Dickerson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.07%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Costello Terry William $481,000 None Available
Schopmeyer Clarence Lee $90,000 None Available
Perry Sarah Dickerson $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Terry William $372,000
Closed Costello Terry William $375,000
Previous Owner Perry Sarah Dickerson $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $480,890 -3.8% $168 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/30/2019 07/30/19 Price Changed $499,900 -4.8% $175 / Sq Ft
05/20/2019 05/20/19 Price Changed $525,000 -2.6% $183 / Sq Ft
04/19/2019 04/19/19 Price Changed $539,000 -1.8% $188 / Sq Ft
03/19/2019 03/19/19 For Sale $549,000 -- $192 / 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 $4,686 $691,150 $75,000 $616,150
2023 $4,686 $691,150 $75,000 $616,150
2022 $3,543 $515,000 $75,000 $440,000
2021 $3,543 $515,000 $75,000 $440,000
2020 $3,595 $515,000 $0 $0
2019 $3,595 $210,030 $0 $0
2017 $2,193 $342,360 $0 $0
2016 $2,193 $210,030 $75,000 $135,030
2014 $1,281 $210,030 $75,000 $135,030
2013 -- $237,040 $75,000 $162,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3481203

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-49-2260