NOT LISTED FOR SALE

TBD Locust Ridge Unit 592 Old Fort, NC 28762

Estimated Value: $171,000

1.05 Acres
$162,857 Price per Acre
45,738 Sq Ft Lot

Last Sold November 05, 2019

Last sale price $1,000

Est. 17,000% increase in value since last sale

Current estimated payment $1,003/month

275 Days on Market

Highlights

  • Access To Lake
  • Private Lot
  • Cul-De-Sac
  • Mountain View
  • Recreation Facilities
  • Trails

About This Lot

As of November 2019

This lot's tax assessed value is $35,000 and the price has been reduced again to a very low $9,000.00 This one acre lot has more green space. The cul-de-sac location offers lots of privacy. Build your mountain home, or rental home in this well established gated community for nature lovers. Enjoy friendly neighbors, a community Lake for swimming and fishing and kayaking. Enjoy lots of wildlife and a hiking trail along Sally Branch from Lake George to Standing Rock Waterfall Park. Gateway is about 15 minutes from Lake Lure and Black Mountain. It is about 35 minutes to Asheville. Come take a tour and discover why so many people love Gateway Mountain.

Last Agent to Sell the Property

Mike Cowal

Mike Cowal, Broker Brokerage Email: mikecowal49@yahoo.com License #153057 Listed on: 01/11/2019

Last Buyer's Agent

Mike Cowal

Mike Cowal, Broker Brokerage Email: mikecowal49@yahoo.com License #153057 Listed on: 01/11/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $61

Lot Details

  • 1.05 Acre Lot
  • Cul-De-Sac
  • Private Lot
  • Sloped Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned OU

HOA Fees

  • $90 Monthly HOA Fees

Utilities

  • Well Required
  • Septic Needed

Additional Features

  • Mountain Views
  • Exterior Basement Entry

Listing and Financial Details

  • Assessor Parcel Number 065600166324

Community Details

Overview

  • Darlene Nolen Association, Phone Number (828) 668-7878
  • Gateway Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$61

Lot Details

0

HOA Fees

$90 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 1
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: $200 year paving
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: Land
  • Attribution Contact: mikecowal49@yahoo.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 100
  • View: Mountain(s), Winter
  • Waterfront Features: Dock, Lake
  • Waterfront Elevation: 1500
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Phone Connected
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 1079
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Darlene Nolen
  • Phone: 828-668-7878
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: gatewaypoa@yahoo.com

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Private, Sloped
  • Lot Size Area: 1.05
  • Lot Size Units: Acres
  • Parcel Number: 065600166324
  • Zoning: OU
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 11/41
  • Lot Size Acres: 1.05
  • Lot Size Sq Ft: 45738
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2019
Closed on
Nov 5, 2019
Sold by
Olivero Luis and Olivero Patricia
Bought by
Vorst Christine L
Seller's Agent
Mike Cowal
Mike Cowal, Broker
Buyer's Agent
Mike Cowal
Mike Cowal, Broker
List Price
$9,000
Sold Price
$1,000
Premium/Discount to List
-$8,000
-88.89%
Total Days on Market
275
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,000

Purchase Details

Closed on
Nov 6, 2006
Sold by
Hannu Judith K and Zulauf Bruce C
Bought by
Olivero Luis and Olivero Patricia
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
Vorst Christine L $1,000 None Available
Olivero Luis $34,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2019 11/05/19 Sold $1,000 -88.9% --
10/13/2019 10/13/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $9,000 -- --
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 $61 $9,000 $9,000 $0
2023 $61 $9,000 $9,000 $0
2022 $62 $9,000 $9,000 $0
2021 $62 $9,000 $9,000 $0
2020 $63 $9,000 $0 $0
2019 $63 $0 $0 $0
2017 $224 $35,000 $0 $0
2016 $224 $0 $0 $0
2014 $213 $35,000 $35,000 $0
2013 -- $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3463582

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-16-6324