362 Mills Gap Rd Unit 5, Asheville, NC, 28803

$515,000

Home List Price

$6,116*

Closing Credit

3 Bedrooms
2 Full Baths
1,261 SqFt
$408/SqFt
House

Location

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362 Mills Gap Rd Unit 5, Asheville$515,000

Buyer Closing Credits

$6,116*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage
Attached GarageYes
Year Built1975
HeatingHeat Pump, Oil, Wood Stove, Other
CoolingCentral Air, Heat Pump
BasementYes
WaterfrontNone
FireplaceWood Burning Stove
MLS #4205354
StatusActive

About 362 Mills Gap Rd Unit 5

This classic ranch home offers 3 bedrooms, 2 full baths, a covered porch for enjoying morning coffee in the sunlight, a fully fenced in backyard to let your family pets play, and ample parking space in the driveway. The garage has a good size workshop space and the unfinished basement has a lot of potential. It is currently used as an extra unheated rec room but could be finished off for more livable square feet. The basement has a wood burning stove which can be used as a backup source of heat, but this home has an electric heat pump with oil backup built-in. This is a must see Ranch located in the South Asheville area near all the local conveniences. Please note NCDOT will be widening the Mills Gap Rd and attached plans are included in MLS that will affect some land along this property.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1975
  • Living Area: 1,261 SqFt

Listing Office:

  • Office Name: Looking Glass Realty
  • Office Email: bernadette@lookingglassrealty.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Tile, Laminate
  • Interior: Cable Prewire
  • Fireplace: Wood Burning Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Fire Pit

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage

Utilities

Utilities Information:

  • Heating: Heat Pump, Oil, Wood Stove, Other
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: GPS works for this location but once you turn onto Fairhaven Ct house is first on left (Driveway off of Fairhaven Ct but home faces Mills Gap Rd).

Price Information

Listing Price Info

Price Summary:

  • List Price: $515,000
  • Price Per SqFt: $408/SqFt
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Housing Market Comparison

See how this home compares to others in Asheville, NC.

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Asheville, NC

City

Med. Sold Price

$489.4K

Med. Price/SqFt

$311

Avg. Days On Market

58

# of Sold Homes

70

362 Mills Gap Rd Unit 5 vs Asheville

5 DAYS ON ROCKET

-53 Days

$515,000

+$25.5K More

$408/SqFt

+$96 More

KEY TAKEAWAY

This property is $25.5K more than the Median Sold Price and $96/SqFt more than other homes in Asheville, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4205354

Listing Office:

  • Office Name: Looking Glass Realty
  • Office Email: bernadette@lookingglassrealty.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,638

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,610

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2000825
5
/10

  • Glen Arden Elementary School

  • 50 Pinehurst Cir

  • 1.29 miles

  • Public District Grades KG-4

school-card-donut-2000826
7
/10

  • Estes Elementary School

  • 275 Overlook Rd

  • 2.38 miles

  • Public District Grades KG-5

school-card-donut-2000827
4
/10

  • Avery's Creek Elementary School

  • 15 Park South Rd

  • 4.64 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,618. Residents of Asheville, NC typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Asheville, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Asheville, NC?

Asheville's housing market is diverse, offering a mix of historic bungalows, contemporary condos, and spacious family homes. The architectural landscape is a blend of Art Deco, Beaux-Arts, and Neoclassical styles, particularly evident in the city's historic districts. Single-family homes are prevalent, while condos and townhouses provide urban living options. The homeownership rate in Asheville is around 65%, with the remainder of residents opting to rent.

Is Asheville, NC a good place to live?

Asheville is celebrated for its vibrant arts scene and historic architecture. The community prides itself on a strong sense of local identity, with numerous galleries, theaters, and live music venues that reflect its cultural richness. Annual events like the Asheville Fringe Arts Festival and the Craft Fair of the Southern Highlands showcase the city's creative spirit and Appalachian heritage.

Are things conveniently located in Asheville, NC?

The city is served by a robust educational system, including a variety of public and private schools, catering to different educational needs. Asheville's healthcare network is comprehensive, with facilities offering a range of services from primary care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of resources. Retail and dining options abound, featuring local crafts and farm-to-table dining experiences that highlight Asheville's commitment to sustainability and local entrepreneurship.

What does the transportation in Asheville, NC look like?

Asheville's transportation infrastructure includes a network of bus routes connecting different parts of the city, with schedules designed to accommodate commuters and residents alike. While specific ride-sharing services are available, the city also encourages eco-friendly travel with bike lanes and pedestrian-friendly areas, particularly in the downtown district. Major highways such as I-40 and I-26 facilitate travel in and out of Asheville, with ongoing projects aimed at improving traffic flow and reducing congestion.

Frequently Asked Questions About 362 Mills Gap Rd Unit 5

What is the listing price of this property?

The listing price of 362 Mills Gap Rd Unit 5 property is $515,000.

What type of property is this?

The property 362 Mills Gap Rd Unit 5 is a house located in Asheville, North Carolina, 28803.

Is this property for sale now?

Active Listing: 362 Mills Gap Rd Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 362 Mills Gap Rd Unit 5 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 362 Mills Gap Rd Unit 5 is 1,261 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 362 Mills Gap Rd Unit 5 is 1975.

Rocket Homes›North Carolina›Buncombe County›Asheville›28803›362 Mills Gap Rd Unit 5

This home is located at 362 Mills Gap Rd Unit 5 in Asheville, NC and zip code 28803. This 1,261 square foot home was built in 1975. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $515,000.

In November 2024 more than 9 listings in Asheville, NC were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 51 were sold below. The number of homes for sale in Asheville, NC increased by 13% between October 2024 and November 2024. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $489,456.

From Rocket Homes Real Estate and based on county public records data.

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