NOT LISTED FOR SALE

101 Lowndes Ln Flat Rock, NC 28731

Estimated Value: $865,000 - $987,625

3 Beds
4 Baths
4,400 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $825,000 $188 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,217/month

93 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Screened Porch
  • Contemporary Architecture
  • Wood Flooring
  • Skylights

About This Home

As of June 2022

Welcome to 101 Lowndes Lane, located in the highly desirable Village of Flat Rock Neighborhood. Whether you are looking for your primary home, secondary home, or a lake front air bnb, this property has it all! Built in 1974 by the Seller himself, this home has many unique features that you must see for yourself. The grand entrance leads you into the formal sitting room, great room, and formal dining room, with a bar area. There is abundant space for your family or for entertaining. The basement has it's own living quarters with a kitchen, bath, and bedroom for a mother-in-law suite, or an income producing opportunity. This home is located on Highland Lake, no dock is currently in place, but permission from the owner of the lake can be requested. Don't miss this opportunity to own a piece of Flat Rock history. UPDATE: Per Seller, Home is being sold as-is. Please see attachments for newly discovered material facts.

Last Agent to Sell the Property

Todd Allen

Eclat Realty + Co License #285646 Listed on: 03/07/2022

Last Buyer's Agent

Marie Morris

Howard Hanna Beverly-Hanks Asheville-Downtown License #219604

Howard Hanna Beverly-Hanks Asheville-Downtown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Property is zoned Cities, R-40

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Hardboard

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Screened Porch
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Power Generator
  • Natural Gas Water Heater
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 111639

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1974
  • Ratio Current Price By Acre: 868421.05
  • Restrictions: None
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Circular, Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Block
  • Flooring: Hardwood, Tile
  • Interior Amenities: Cathedral Ceiling(s), Garden Tub, Skylight(s), Walk-In Closet(s), Wet Bar
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3281
  • 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: 0
  • Porch: Back,Front,Patio,Screened,Side
  • Appliances: Dishwasher, Disposal, Generator, Microwave, Oven, Refrigerator
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1119
  • Living Area: 4400
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Henderson
  • Construction Type: Site Built
  • Water Body Name: Highland Lake
  • Waterfront Features: None
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Carport - 2 Car, Driveway

Utilities

  • Heating: Central, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Water Heater: Natural Gas
  • Laundry Features: In Basement, Lower Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Water View, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 111639
  • Zoning Description: R-40

Tax Info

  • RATIO List Price By Tax Amount: 2.23022

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $825,000 -8.2% $188 / Sq Ft
03/07/2022 03/07/22 For Sale $899,000 -- $204 / Sq Ft
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
2025 $3,542 $821,700 $145,400 $676,300
2024 $35 $821,700 $145,400 $676,300
2023 $3,542 $821,700 $145,400 $676,300
2022 $2,261 $403,100 $66,100 $337,000
2021 $2,261 $403,100 $66,100 $337,000
2020 $2,261 $403,100 $0 $0
2019 $2,261 $403,100 $0 $0
2018 $2,189 $387,500 $0 $0
2017 $2,189 $387,500 $0 $0
2016 $2,189 $387,500 $0 $0
2015 -- $387,500 $0 $0
2014 -- $329,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3835701

Canopy MLS (Canopy Realtor® Association)

APN: 0111639