NOT LISTED FOR SALE

Estimated Value: $569,443 - $618,000

3 Beds
3 Baths
1,844 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2022

Last sale price $479,500 $260 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,377 / mo

46 Days on Market

About This Home

As of February 2022

The Bear Lake Reserve community combines mountain living with modern comfort and exceptional amenities. This cottage has 3 bedrooms and 2.5 bathrooms. The upgraded metal roof was installed in 2016! The Master suite, located on the main level of the home, has a luxurious ensuite master bath with granite countertops, dual sinks, and tile shower. The home’s great room is complete with a massive stone fireplace complete with gas logs. The spacious kitchen features granite countertops, gas oven and range, and a gas "on demand" water heater. The home also features some fantastic outdoor spaces, including an exterior screened porch, an outdoor wood burning fireplace with a gas starter, and a hot tub for enjoying the cool mountain breeze while listening to the soft waters from the nearby creek. Located just inside Bear Lake Reserve, this property is close to the Greeters cottage and only 5 miles away from the Lake Club.

Last Agent to Sell the Property

Cassye Oliver

White Squirrel Realty License #310922 Listed on: 11/20/2021

Last Buyer's Agent

Travis Frazier

Jackson County Realty, Inc. License #312341

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 2004

Lot Details

  • 0.8

HOA Fees

  • $926 per month

Additional Features

  • Screened Porch
  • Gas Water Heater

Community Details

  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Year Built

2004

Lot Details

0.8 Acres

HOA Fees

$926 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • New Construction: No
  • Road Surface Type: Asphalt
  • Structure Type: One and a Half Story
  • Subdivision Name: Bear Lake Reserve
  • Ratio Current Price By Acre: 599375.00
  • Restrictions: Architectural Review,Manufactured Home Not Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 2004

Interior Features

  • Appliances: Ceiling Fan(s), Gas Cooktop
  • Fireplace Features: Gas Log, Wood Burning
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1351
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 493
  • Porch: Screened
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Metal
  • Exterior Features: Hot Tub
  • Foundation Details: Crawl Space
  • Construction Type: Wood Siding
  • Lot Features: Rolling Slope
  • Waterfront Features: Beach - Public
  • Tax Location: Jackson
  • Construction Type: Site Built

Garage/Parking

  • Parking Features: Driveway
  • Main Level Garage YN: 0

Utilities

  • Heating: Heat Pump, Heat Pump
  • Laundry Features: Main Level
  • Sewer: Septic Installed
  • Water Source: Community Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 926
  • Association Fee Frequency: Monthly
  • Association Name: Bear Lake Reserve Owners Association
  • Phone: 828-507-3446
  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Hot Tub, Lake, Outdoor Pool, Tennis Court(s)
  • Hoa Subject To Dues: Mandatory

Schools

  • Middle Or Junior School: Cullowhee Valley
  • HOA Subject To: Required
  • HOA Email: mike@bearlakeresrve.com

Lot Info

  • Zoning Description: R1
  • Plat Book Slide: 13/778
  • Plat Reference Section Pages: 13/778

Tax Info

  • RATIO List Price By Tax Amount: 1.54654

Multi Family

  • Unit Count: 0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Feb 18, 2022
Sold by
Bought by
Seller's Agent
Cassye Oliver
White Squirrel Realty
Buyer's Agent
Travis Frazier
Jackson County Realty, Inc.
List Price
$495,000
Sold Price
$479,500
Premium/Discount to List
-$15,500
-3.13%
Current Estimated Value
$598,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,111
Avg. Annual Appreciation
5.08%
Original Mortgage
$383,600
Outstanding Balance
$350,013
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$248,598

Purchase Details

Closed on
Jan 29, 2020
Sold by
Bought by

Purchase Details

Listed on
Feb 12, 2017
Closed on
Mar 15, 2018
Sold by
Bought by
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Non-Member Listing Agent
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$190,000
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2012
Sold by
Bought by

Purchase Details

Closed on
May 23, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Tuckasegee, NC

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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
$479,500 Coward Hicks & Siler Pa
-- None Available
$260,000 --
$170,000 None Available
$434,000 --
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 $383,600
Previous Owner $191,000
Previous Owner $190,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2022 02/18/22 Sold $479,500 -3.1% $260 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
11/20/2021 11/20/21 For Sale $495,000 +90.4% $268 / Sq Ft
03/16/2018 03/16/18 Sold $260,000 0.0% $139 / Sq Ft View Prior Sale
03/16/2018 03/16/18 Sold $260,000 0.0% $139 / Sq Ft View Prior Sale
02/16/2018 02/16/18 Pending -- -- --
02/14/2018 02/14/18 Pending -- -- --
02/12/2017 02/12/17 For Sale $260,000 0.0% $139 / Sq Ft
08/12/2013 08/12/13 For Sale $259,900 -- $138 / Sq Ft
Source: Canopy MLS

Tax 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.

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 $2,008 $528,317 $75,000 $453,317
2024 $1,440 $378,880 $75,000 $303,880
2023 $1,565 $378,880 $75,000 $303,880
2022 $1,341 $320,070 $75,000 $245,070
2021 $1,249 $320,070 $75,000 $245,070
2020 $1,178 $287,780 $75,000 $212,780
2019 $1,178 $287,780 $75,000 $212,780
2018 $1,178 $287,780 $75,000 $212,780
2017 $1,149 $287,780 $75,000 $212,780
2015 $1,460 $274,760 $75,000 $199,760
2011 -- $491,360 $145,000 $346,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3807767

Canopy MLS

APN: 7576-88-8519

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