NOT LISTED FOR SALE

Estimated Value: $502,000 - $641,000

3 Beds
2.5 Baths
1,844 Sq Ft
$304/Sq Ft Est. Value

Last Sold July 18, 2012

Last sale price $170,000 $92 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $3,339/month

871 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Primary Bedroom
  • New Kitchen
  • Wood Flooring
  • Great Room

About This Home

As of July 2012

This 1.5 story Mt. Laurel sits in gorgeous Bear Lake Reserve on .8 acres, the biggest and best Lake Resort in WNC. This home is new construction and has never been lived in with Kitchen Aid stainless steel appliances, hard wood floors, granite countertops throughout house including bathrooms. French doors off of Master Bedroom. Open deck and flat acreage. Amenities that are in walking distance are Cedar Cliff Lake, Mill Pond Pavillion, Amphitheatre and Performance Lawn. Lake Club includes casual and fine dining, full bar, theatre, fitness, swimming pools, spa, private massage rooms and Jack Nicklausdesign Executive Golf Course. Come feel the splendor of the Blue Ridge and Great Smokey's.

Last Agent to Sell the Property

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316222 License #208314 Listed on: 01/25/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,440

Year Built

  • Built in 2005

Lot Details

  • 0.8 Acre Lot
  • Lake Front

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Composition Roof
  • Board and Batten Siding
  • Cedar
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Fireplace
  • Insulated Windows
  • Window Screens
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • New Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Bear Lake Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7576888519

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,440

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Road Frontage Type: Community, Developer, Property Owners' Assoc
  • Road Surface Type: Paved
  • Subdivision Name: Bear Lake Reserve
  • Directions: Follow 107N to Shook Cove Road approximately 19 miles and take left and follow 4 miles to entrance of Bear Lake Reserve and check in at Greeter's Cottage.
  • Architectural Style: Other-See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 2005
  • Kitchen Level: First
  • NAV27_rets_property_type: Residential
  • Attribution Contact: 8286316222
  • Special Features: 12

Interior Features

  • Appliances: Electric Water Heater, Gas/Propane Water Heater, Dishwasher, Washer, Freezer, Other-See Remarks, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other-See Remarks
  • Interior Amenities: Ceramic Tile Bath, Great Room, Large Master Bedroom, Other, Walk-In Closet(s), Breakfast Bar, Kitchen/FR Combo, Living/Dining Room, New Kitchen, Pantry
  • Window Features: Windows-Insulated/Storm, Screens
  • Room Bedroom2 Level: Second
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: Second
  • Room Kitchen Area: 127.0833
  • Dining Room Dining Room Level: First
  • Master Bedroom Master Bedroom Width: 18.1667
  • Room Master Bedroom Area: 281.5833
  • Room Family Room Area: 518

Exterior Features

  • Lot Features: Other-See Remarks
  • View: No
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Board & Batten Siding, Other, Cedar, Stone
  • Exterior Features: Other
  • Patio And Porch Features: Porch, Deck
  • Roof: Other, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Lot Size Sq Ft: 34848
  • Parcel #: 7576888519
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 1503/725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
John And Marlene Cook Family Trust
Bought by
Franks Derek C
Current Estimated Value
$582,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,600
Outstanding Balance
$360,237
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$177,568

Purchase Details

Closed on
Jan 29, 2020
Sold by
Cook John A and Cook Marlene C
Bought by
Marlene Cook Ft

Purchase Details

Closed on
Mar 15, 2018
Sold by
Graves Joseph H and Graves Carole G
Bought by
Cook John A and Cock Marlene C

Home Financials for this Owner

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

Purchase Details

Listed on
Jan 25, 2010
Closed on
Jul 17, 2012
Sold by
Becker Gary W and Becker Aimee J
Bought by
Graves Joseph H and Graves Carole G
Seller's Agent
Bernard Gilchrist
Sundog Realty
List Price
$170,000
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
May 23, 2005
Sold by
Centex Homes A Nevada General Pa
Bought by
Becker Gary W and Becker Aimee J
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
Franks Derek C $479,500 Coward Hicks & Siler Pa
Marlene Cook Ft -- None Available
Cook John A $260,000 --
Graves Joseph H $170,000 None Available
Becker Gary W $434,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franks Derek C $383,600
Previous Owner Cook John A $191,000
Previous Owner Cook John A $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2012 07/18/12 Sold $170,000 0.0% $92 / Sq Ft
07/11/2012 07/11/12 Pending -- -- --
02/20/2010 02/20/10 For Sale $170,000 -- $92 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $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: Carolina Smokies Association of REALTORS®

MLS Number: 25942303

APN: 7576-88-8519