NOT LISTED FOR SALE

111 Buddy Ln Lake Lure, NC 28746

Estimated Value: $484,000 - $618,000

4 Beds
2.5 Baths
1,830 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $430,000 $235 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,154/month

72 Days on Market

Highlights

  • Barn
  • Open Floorplan
  • Wooded Lot
  • Spa
  • Private Lot
  • Wood Flooring

About This Home

As of October 2021

CHIMNEY ROCK....PRIVATE ESTATE ON 5 1/2 UNRESTRICTED ACRES in walking distance to the Flowering Bridge, Lake Lure Beach and Chimney Rock Village. This single level, 4 bedroom, 2 1/2 bath home is on one of the most beautiful tracts in the area with over 5 acres of great laying land with large boulders, multiple creeks, outbuildings and privacy you've dreamed of. Originally built in 1969, the kitchen has been totally remolded with custom cabinets, granite counters and SS appliances. The bathrooms need updating. A Rare Find in our area.

Last Agent to Sell the Property

David Caulder

Caulder Realty & Land Co. License #75204 Listed on: 05/26/2021

Last Buyer's Agent

Sue Riles

Town and Mountain Realty License #235382

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • Home fronts a stream
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Den with Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Outbuilding

Additional Features

  • Barn
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1651251

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.87755
  • Ratio Current Price By Acre: 78324.23
  • Ratio Current Price By Sq Ft: 234.97
  • Year Built: 1969
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Brick
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Dishwasher, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Den, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Open Floorplan
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1830
  • Total Sq Ft: 1830

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Barn(s), Hot Tub, Outbuilding

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Level, Paved Frontage, Private, Stream/Creek, Views, Wooded
  • Parcel Number: 1651251
  • Zoning Specification: res

Tax Info

  • Tax Value: 204900.00
  • Tax Location: Chimney Rock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Oct 1, 2021
Sold by
Shields John Wesley and Shields Laura Goodson
Bought by
Canada Malcolm Christopher and Canada Barbara Jean
Seller's Agent
David Caulder
Caulder Realty & Land Co.
Buyer's Agent
Sue Riles
Town and Mountain Realty
List Price
$490,000
Sold Price
$430,000
Premium/Discount to List
-$60,000
-12.24%
Current Estimated Value
$560,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,792
Avg. Annual Appreciation
6.78%
Original Mortgage
$423,562
Outstanding Balance
$386,249
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$174,543

Purchase Details

Closed on
Jul 11, 2016
Sold by
Okpych Andrew M and Okpych Joanne P
Bought by
Goodson Shields John Wesley and Goodson Shields Laura
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
Canada Malcolm Christopher $430,000 None Available
Goodson Shields John Wesley $283,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Canada Malcolm Christopher $423,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $430,000 0.0% $235 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $430,000 -4.4% $235 / Sq Ft
07/09/2021 07/09/21 Price Changed $450,000 -5.3% $246 / Sq Ft
06/09/2021 06/09/21 Price Changed $475,000 -3.1% $260 / Sq Ft
05/26/2021 05/26/21 For Sale $490,000 -- $268 / 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 $2,629 $412,000 $97,600 $314,400
2024 $2,328 $412,000 $97,600 $314,400
2023 $2,208 $412,000 $97,600 $314,400
2022 $2,208 $276,000 $78,100 $197,900
2021 $1,641 $204,900 $78,100 $126,800
2020 $1,621 $204,900 $78,100 $126,800
2019 $1,613 $204,900 $78,100 $126,800
2018 $1,466 $188,614 $78,100 $110,514
2016 $0 $188,614 $78,100 $110,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3744038

Canopy MLS (Canopy Realtor® Association)

APN: 1651251