NOT LISTED FOR SALE

Estimated Value: $441,203 - $486,000

3 Beds
2.5 Baths
1,560 Sq Ft
$296/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $299,000 $192 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,675/month

269 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Lake View
  • Clubhouse

About This Home

As of June 2021

Enjoy this rustic cottage in Bear Lake Reserve, the 2,100-acre gated community in the Blue Ridge Mountains of western North Carolina. Sit in your screened-in back porch and relax by the fire in the stone fireplace while enjoying life nestled among the trees listening to the falling rain and rustling leaves. Your one-floor living offers beautiful and easy care hardwoods in the kitchen, living areas, and bedrooms. The bathrooms are tiled also for easy care. Tall ceilings, floor-to-ceiling stone fireplace, and double glass doors leading out to the porch make the living area feel spacious and bright while letting the outside in. If you feel like being adventurous, you can walk the many hiking trails throughout Bear Lake Reserve, fish at Bear Creek Lake, play golf on the Nicklaus Group designed course, or choose between the Pickleball or tennis courts. The Lake Club House has many amenities for you to enjoy. You can have your favorite beverage and food while sitting poolside overlooking the lake. Your children will have fun going through the rock slide in a pool perfect for them. On cool evenings, sit in one of two spa pools. If you're sore after all of this fun, you may schedule a massage, join in a yoga class or strike up a conversation with some of the friendly people on property. The lake offers a multitude of activities, such as boats with tubing and skiing, paddle boarding, canoeing, pontoons and kayaking. Bear Lake Reserve is an escape to where life slows down and fun begins, where families make memories that last a lifetime.

Last Agent to Sell the Property

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316237 Listed on: 07/23/2020

Last Buyer's Agent

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316237 Listed on: 07/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 2006

Lot Details

  • 0.77 Acre Lot

Property Views

  • Lake
  • Woods

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Window Treatments
  • Screened Porch
  • Crawl Space
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 7576-96-3973

Community Details

Overview

  • Property has a Home Owners Association
  • Bear Lake Reserve Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.77
  • Road Surface Type: Paved
  • Water Body Name: Bear Lake
  • Subdivision Name: Bear Lake Reserve
  • Directions: Take Exit 85 on Asheville HWY, follow HWY 107, Turn Left and follow 19 miles to Shook Cove Road, Turn left and follow 3 miles to entrance of Bear Lake Reserve. Follow to Greeter's Cottage and check-in, through the gate follow Lake Forest Drive and take your fourth right.
  • Architectural Style: Bungalow, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2006
  • Attribution Contact: 8286316237
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Gas Oven, Microwave, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Cathedral Ceiling(s), Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Window Treatments

Exterior Features

  • Pool Features: Community
  • View: Lake, Seasonal View, Trees/Woods
  • View: Yes
  • Disclosures: Other
  • Construction Type: Stone, Wood Siding
  • Exterior Features: None
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: None, Paved

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private, Shared Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Gated, Lake, Pool, Tennis Court(s), Trails/Paths
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 7576-96-3973
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1047.07
  • Tax Lot: 32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Jun 11, 2021
Sold by
Anner William V and Collier Rhonda E
Bought by
Boulder Retreat Llc
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Bernard Gilchrist
Sundog Realty
List Price
$339,900
Sold Price
$299,000
Premium/Discount to List
-$40,900
-12.03%
Total Days on Market
269
Current Estimated Value
$461,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,801
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Jan 17, 2015
Sold by
Panzeca Christopherm and Panzeca Dawn E
Bought by
Zedora Llc and Atom Llc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Brescia Anthony R and Evans Jayne G
Bought by
Stephenson Thomas L and Panzeca Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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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
Boulder Retreat Llc $299,000 None Available
Zedora Llc -- None Available
Stephenson Thomas L $528,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephenson Thomas L $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $299,000 -12.0% $192 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
07/24/2020 07/24/20 For Sale $339,900 -- $218 / Sq Ft
Source: Highlands-Cashiers Board 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 $1,081 $284,540 $75,000 $209,540
2023 $1,206 $284,540 $75,000 $209,540
2022 $1,206 $284,540 $75,000 $209,540
2021 $1,081 $284,540 $75,000 $209,540
2020 $1,047 $253,440 $75,000 $178,440
2019 $1,047 $253,440 $75,000 $178,440
2018 $1,047 $253,440 $75,000 $178,440
2017 $1,022 $253,440 $75,000 $178,440
2015 $1,606 $253,440 $75,000 $178,440
2011 -- $543,590 $200,000 $343,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94134

APN: 7576-96-3973