NOT LISTED FOR SALE

111 Quail Run Ct Lake Lure, NC 28746

Estimated Value: $421,000 - $568,000

2 Beds
2 Baths
1,841 Sq Ft
$294/mo HOA Fee

Last Sold May 31, 2019

Last sale price $205,000 $111 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,284/month

487 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Open Floorplan
  • Clubhouse

About This Home

As of May 2019

Extra clean condo inside the gates of the Rumbling Bald Resort. This two bedroom, two bath unit has an open floor plan, wood burning stone fireplace, cathedral ceilings, and skylights for extra brightness. There is a bedroom and bath on the main and lower levels and an upstairs loft used for overflow guests to sleep. The large deck faces the mountains and Lake Lure for a lovely winter view. Large trees provide shade in the summer. There is a separate outside storage area, perfect for lake equipment. Just a short walk to the lake, this property would be an excellent rental. Enjoy the amenities of Rumbling Bald Resort including pools, spa, lighted tennis, restaurants and 2 gorgeous golf courses.

Last Agent to Sell the Property

Carol Choun

Coldwell Banker Advantage Listed on: 12/15/2017

Coldwell Banker Advantage

Last Buyer's Agent

Carol Choun

Coldwell Banker Advantage Listed on: 12/15/2017

Coldwell Banker Advantage

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 1,437

HOA Fees

  • $294 Monthly HOA Fees

Interior Spaces

  • Open Floorplan
  • Skylights
  • Fireplace
  • Storage Room
  • Breakfast Bar

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 1608067

Community Details

Overview

  • Rumbling Bald Association, Phone Number (828) 694-3011
  • Community Lake

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

0

HOA Fees

$294 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.95349
  • Ratio Close Price By Original Li: 0.89520
  • Ratio Current Price By Sq Ft: 111.35
  • Unit Floor Level: 1
  • Year Built: 1987
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 247
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Breakfast Bar, Garden Tub, Open Floorplan, Skylight(s), Whirlpool
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 560
  • Main Level Sq Ft: 1034
  • Total Sq Ft: 1841

Exterior Features

  • Construction: Shingle, Wood
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Outdoor Pool, Putting Green, Recreation Area, Sauna, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 3527.00
  • Association Fee Frequency: Annually
  • Complex Name: Quail Cove Townhouses
  • HOA Management Company: Rumbling Bald
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Mountain View, Water view, Winter View
  • Parcel Number: 1608067
  • Plat Reference Section Pages: 599
  • Zoning: Condominium
  • Zoning Specification: Res

Tax Info

  • Tax Value: 176000.00
  • Tax Amount Ncm: 1554.08
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Thompson Mary Kathryn
Bought by
Gray Investments Alpha Llc
Current Estimated Value
$512,024

Purchase Details

Closed on
May 31, 2023
Sold by
Lake Lure Bungalow Llc
Bought by
Thompson Mary Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2023
Sold by
Ort Derek and Ort April
Bought by
Lake Lure Bungalow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2023
Sold by
Chamberlayne Lucas and Leigh Anne
Bought by
Orf Derek and Orf April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2020
Sold by
Corry James E
Bought by
Rollins Milton Ponder and Rollins Teresa Flanders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 15, 2017
Closed on
May 20, 2019
Sold by
Lowry Paul and Lowry Veronica
Bought by
Chamberlayne Lucas Ryan and Chamberlayne Leigh Anne
Seller's Agent
Carol Choun
Coldwell Banker Advantage
Buyer's Agent
Carol Choun
Coldwell Banker Advantage
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$184,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Murrill Hugh A and Murrill Karer B
Bought by
Lowry Paul and Lowry Veronica
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
Gray Investments Alpha Llc -- None Listed On Document
Thompson Mary Kathryn $500,000 None Listed On Document
Lake Lure Bungalow Llc -- None Listed On Document
Orf Derek $475,000 None Listed On Document
Orf Derek $475,000 None Listed On Document
Rollins Milton Ponder $174,000 None Available
Chamberlayne Lucas Ryan $205,000 None Available
Lowry Paul $222,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orf Derek $326,250
Previous Owner Rollins Milton Ponder $156,600
Previous Owner Chamberlayne Lucas Ryan $184,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $205,000 -4.7% $111 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $215,000 -1.8% $117 / Sq Ft
08/08/2018 08/08/18 For Sale $219,000 0.0% $119 / Sq Ft
08/01/2018 08/01/18 For Sale $219,000 +6.8% $119 / Sq Ft
07/31/2018 07/31/18 Off Market $205,000 -- --
07/27/2018 07/27/18 Pending -- -- --
12/15/2017 12/15/17 For Sale $229,000 -- $124 / 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
2024 $2,401 $297,500 $0 $297,500
2023 $2,071 $297,500 $0 $297,500
2022 $2,071 $183,800 $0 $183,800
2021 $2,073 $183,800 $0 $183,800
2020 $1,869 $183,800 $0 $183,800
2019 $1,739 $181,700 $0 $181,700
2018 $1,702 $176,000 $0 $176,000
2016 $1,554 $176,000 $0 $176,000
2013 -- $176,000 $0 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3345806

Canopy MLS (Canopy Realtor® Association)

APN: 1608067