NOT LISTED FOR SALE

112 Lake Ridge Ln Unit Lake Cherokee Tamassee, SC 29686

Estimated Value: $494,000 - $620,000

3 Beds
3 Baths
2,674 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $255,000 $95 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,110/month

127 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Boat Ramp
  • Walhalla Middle School Rated A-
  • Water Access
  • Deck

About This Home

As of June 2017

View, view, view! One of the most beautiful views in the county. Lake Cherokee is a small mountain lake at the foothills of the Blue Ridge Mountains. Plenty of room to ski and one of the best fishing lakes around. Only minutes from beautiful scenic highway 11 just off of tranquil Cheohee Valley. An open floor plan with cozy fireplace upstairs and downstairs. The main level has three bedrooms and two baths plus the kitchen, living room and screened in porch. Downstairs has another very spacious living room, fireplace, large laundry and bathroom. This home is cozy with a tremendous amount of water frontage. The frontage is protected by a sturdy sea wall. A boat house and pier await your boat. Many rooms freshly painted in summer of 2015 and new carpet in many rooms. This house is adorable with almost 400 feet of shoreline.

Last Agent to Sell the Property

Delane Chapman Graham

RE/MAX Executive/Salem License #11643 Listed on: 01/02/2017

RE/MAX Executive/Salem

Last Buyer's Agent

Sandie Hurley

Lake Homes Realty, LLC License #72559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $469

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Cul-De-Sac

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2,674 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Multiple Fireplaces
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Walk-in Shower

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Boat Ramp
  • Docks
  • Deck
  • Screened Patio
  • Porch

Schools

  • Tam-Salem Elm Elementary School
  • Tam-Salem Middl Middle School
  • Tam-Salem High School

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • Low Threshold Shower
  • Outside City Limits

Listing and Financial Details

  • Tax Lot E
  • Assessor Parcel Number 052-03-07-006

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Cherokee Subdivision

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$469

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Directions: North on Hwy 11to Right onto Cheohee Valley Road, Go 2 miles to Left onto Cherokee Lake Road to Left onto Timeout to Left onto Lake Ridge Lane
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • ResoCommunityFeatures: Boat Facilities, Dock, Water Access
  • ResoLotFeatures: Cul-De-Sac, Lake Front, Outside City Limits, Subdivision, Views
  • Lot Size Acres: 1.0
  • View Type:Pond View: Mountain(s), Water
  • Water Body Name: Cherokee
  • MLS Status: Closed
  • Subdivision Name: Lake Cherokee
  • Above Grade Finished Sq Ft: 1564.0
  • Reso Accessibility Features: Low Threshold Shower
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Reso Fireplace Features: Gas Log, Multiple
  • Garage Spaces: 1.0
  • Unit Levels: One
  • Living Area: 2674.0
  • Reso Window Features: Insulated Windows
  • Year Built Details: 31-50 Years
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Year Built: 1970

Interior Features

  • Has Basement: Daylight, Full, Interior Entry, Walk-Out Access
  • Interior Amenities: Fireplace, Bath in Primary Bedroom, Smooth Ceilings, Upper Level Primary, Walk-In Shower, Workshop
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1110.0
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Paved Driveway
  • Roof: Composition, Shingle
  • Horse: No
  • View: Yes
  • Waterfront Features: Boat Dock/Slip, Boat Ramp/Lift Access, Water Access
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Cooling: Central Air, Forced Air
  • Cooling Y N: Yes
  • Heating: Propane
  • HeatingYN: Yes
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Tam-Salem Elm
  • High School: Tam-Salem High
  • Middle Or Junior School: Tam-Salem Middl

Lot Info

  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 052-03-07-006
  • Tax Year: 2012
  • Tax Annual Amount: 469.22
  • Tax Lot: E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2017
Closed on
Jun 30, 2017
Sold by
Bass Mary P
Bought by
Pennington George A and Beckman Denise M
Seller's Agent
Delane Chapman Graham
RE/MAX Executive/Salem
Buyer's Agent
Sandie Hurley
Lake Homes Realty, LLC
List Price
$279,000
Sold Price
$255,000
Premium/Discount to List
-$24,000
-8.6%
Current Estimated Value
$569,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,200
Avg. Annual Appreciation
10.17%
Original Mortgage
$140,000
Outstanding Balance
$116,730
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$452,470

Purchase Details

Closed on
Oct 15, 2013
Sold by
Estate Of Samuel Mccoy Bass Jr
Bought by
Bass Mary P
Source: Public Records

Range of Values:

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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
Pennington George A $255,000 None Available
Bass Mary P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington George A $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2017 06/30/17 Sold $255,000 -8.6% $95 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $279,000 -- $104 / Sq Ft
Source: Western Upstate Multiple Listing Service

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 $1,104 $10,516 $4,343 $6,173
2023 $1,118 $10,516 $4,343 $6,173
2022 $1,118 $10,516 $4,343 $6,173
2021 $478 $10,209 $4,343 $5,866
2020 $1,136 $10,209 $4,343 $5,866
2019 $1,136 $0 $0 $0
2018 $2,266 $0 $0 $0
2017 $478 $0 $0 $0
2016 $478 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $6,558 $2,980 $3,578
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20183185

Western Upstate Multiple Listing Service

APN: 052-03-07-006