NOT LISTED FOR SALE

0 Swallow Ln Unit 228 3462184 Lake Lure, NC 28746

Estimated Value: $434,000

0.6 Acre
$723,333 Price per Acre
26,136 Sq Ft Lot

Last Sold May 05, 2022

Last sale price $4,500

Est. 9,544% increase in value since last sale

Current estimated payment $2,536/month

1,118 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Wooded Lot
  • Access To Lake
  • Private Lot
  • Community Pool

About This Lot

As of May 2022

RESORT LOT IN LAKE LURE! Motivated Seller says "Bring an Offer" for Lot 228 on Swallow Lane. Terrific spot for a Chalet or Cabin. This lot backs up to the State Forest and the mountain is the view from this lot. Small hardwoods make it easy to clear the lot for building your resort getaway. This lot was approved for a 3 bedroom septic back in 1992. Resort offers many amenities such as sandy beach on Lake Lure, indoor/outdoor pools, tennis courts, pickle ball courts, wellness/fitness center, golf, miniature golf, hiking and biking trails; Kids Adventure Camp and restaurants on the campus too. Resort is a short distance to grocery store, Lake Lure Beach, shopping at Chimney Rock Village, horseback riding, hiking, and the Tryon International Equestrian Center for taking in the prestigious equestrian events. This area is centrally located to three major airports, Asheville, Greenville and Charlotte.

Last Agent to Sell the Property

Debbie Hughes

EXP Realty LLC License #286307 Listed on: 01/04/2019

EXP Realty LLC

Last Buyer's Agent

Paul Watler

Allen Tate/Beverly-Hanks, Lake Lure License #326484

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $61

Lot Details

  • Property fronts a private road
  • Private Lot
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Recreational/2nd House, Residential
  • Zoning described as R3

HOA Fees

  • $228 Monthly HOA Fees

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Schools

  • Lake Lure Classical Academy Elementary And Middle School
  • Lake Lure Classical Academy High School

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 232484

Community Details

Overview

  • James Cain Association, Phone Number (828) 694-3011
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$61

Lot Details

0

HOA Fees

$228 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 8823.53
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road, Private Maintained Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block, Slab, Crawl Space, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Construction Type: Off Frame Modular,Site Built
  • Wooded Acres: 0.60
  • Water Body Name: Lake Lure
  • Waterfront Features: Paddlesport Launch Site - Community
  • Waterfront Elevation: 1000

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Golf, Whirlpool, Lake, Lake Access, Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 2732
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: James Cain
  • Phone: 828-694-3011
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: Required
  • HOA Email: jcain@rumblingbald.com

Lot Info

  • Lot Features: Adjoins Forest, Lake Access, Long Range View, Mountain View, Paved, Lake On Property, Private, Sloped, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 0.51
  • Lot Size Units: Acres
  • Parcel Number: 232484
  • Out Buildings Yn: 0
  • Plat Book Slide: 11/104
  • Can Be Subdivided: 0
  • Zoning Description: R3

Tax Info

  • RATIO List Price By Tax Amount: 0.30550

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
May 4, 2022
Sold by
Ledford William J and Ledford Janet M
Bought by
Visic Chelsey and Visic Nikola
Seller's Agent
Debbie Hughes
EXP Realty LLC
Buyer's Agent
Paul Watler
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$7,500
Sold Price
$4,500
Premium/Discount to List
-$3,000
-40%
Total Days on Market
1118
Current Estimated Value
$434,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,500
Avg. Annual Appreciation
363.92%

Purchase Details

Closed on
Sep 1, 2005
Sold by
Turner Marianna P and Turner Stephen Michael
Bought by
Ledford William J and Ledford Janet M
Source: Public Records

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Range of Values:

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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
Visic Chelsey $4,500 Staton Law Firm Pllc
Ledford William J $5,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ledford William J $297,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $4,500 -18.2% --
01/26/2022 01/26/22 Pending -- -- --
07/01/2021 07/01/21 Price Changed $5,499 -15.4% --
12/30/2020 12/30/20 Price Changed $6,500 -13.3% --
01/04/2019 01/04/19 For Sale $7,500 -- --
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 $7,500 $7,500 $0
2023 $113 $7,500 $7,500 $0
2022 $11 $10,000 $10,000 $0
2021 $11 $10,000 $10,000 $0
2020 $102 $10,000 $10,000 $0
2019 $96 $10,000 $10,000 $0
2018 $174 $18,000 $18,000 $0
2016 $159 $18,000 $18,000 $0
2013 -- $18,000 $18,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3462184

Canopy MLS (Canopy Realtor® Association)

APN: 232484