NOT LISTED FOR SALE

122 Sleeping Bear Ln Lake Lure, NC 28746

Estimated Value: $833,000 - $961,000

3 Beds
3 Baths
2,743 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $580,000 $211 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,512/month

267 Days on Market

Highlights

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

About This Home

As of June 2020

PRICE REDUCED!!! Motivated sellers are leaving the area to be closer to their grandchildren. Spectacular
home on deep water, DOUBLE LOT on serene BALD MOUNTAIN LAKE! Get in now and get set to enjoy
making wonderful memories with family and friends on this private lake with RUMBLING BALD RESORT
amenities. This beautiful home has been a meticulously maintained full-time residence. Great rental
property potential with similar homes bringing in over $12K/month in season. Easily sleeps 9. This
designer-inspired home has been totally renovated inside and out, with 2 new HVAC Systems, whole
house GENERAC & new appliances. Soaring Pella windows & doors open to deck w/private 180-degree
lake views. Spectacular 25’ sunroom with 3rd dedicated HVAC. Two huge natural stone fireplaces. Drive
to your front door w/ minimal steps to the lake. Professional landscaping – flowers galore! Home needs
no work just people to love it!

Last Agent to Sell the Property

Lyn Weaver

Premier Sotheby’s International Realty License #191157 Listed on: 08/12/2019

Premier Sotheby’s International Realty

Last Buyer's Agent

Thomas McKay

Pinnacle Sothebys International Realty

Pinnacle Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • Waterfront
  • Irrigation
  • Many Trees

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Storage Room
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 228829 / 0654-00-7980

Community Details

Overview

  • James Cain Association, Phone Number (828) 694-3010
  • Community Lake

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96828
  • Ratio Close Price By Original Li: 0.86800
  • Ratio Current Price By Acre: 698795.18
  • Ratio Current Price By Sq Ft: 211.45
  • Year Built: 1966
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Disposal, Dryer, Dishwasher, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Exhaust Hood, Self Cleaning Oven, Security System, Washer, g-Energy Star® Dishwasher, g-Energy Star® Refrigerator, Generator, Warming Drawer, Radon Mitigation System, g-Energy Star® Dryer, Electric Oven
  • Fireplace Description: FAMILYRM, Fireplace Insert, Gas Vented, Great Room, Propane, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank, Wood
  • H O A Management Phone: 828-694-3010
  • Interior Amenities: Attic Other, Built-Ins, Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Storage Unit, Vaulted Ceiling, Window Treatments
  • Laundry Location: Lower
  • Room Count: 2
  • Lower Level Sq Ft: 1451
  • Main Level Sq Ft: 1292
  • Total Sq Ft: 2743

Exterior Features

  • Construction: Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Workshop, In-Ground Irrigation, Fire pit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 1 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Business Center, Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Indoor Pool, Lake, Outdoor Pool, Playground, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 298.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: JAMES CAIN
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Lure Classical Academy
  • Middle School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Lot Info

  • Lot Features: Mountain View, Paved Frontage, Sloping, Trees, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.830
  • Parcel Number: 228829 / 0654-00-7980
  • Zoning Specification: R3

Tax Info

  • Tax Value: 334200.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jun 10, 2020
Sold by
Garbow Kurt D and Garbow Katherine R
Bought by
Duplantis Barry J and Duplantis Aileen Danielle
Seller's Agent
Lyn Weaver
Premier Sotheby’s International Realty
Buyer's Agent
Thomas McKay
Pinnacle Sothebys International Realty
List Price
$668,200
Sold Price
$580,000
Premium/Discount to List
-$88,200
-13.2%
Current Estimated Value
$887,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,104
Avg. Annual Appreciation
8.48%
Original Mortgage
$450,000
Outstanding Balance
$399,771
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$487,333

Purchase Details

Listed on
Nov 27, 2012
Closed on
May 10, 2013
Sold by
Purcell Michael Kirkland and Hutchinson Patricia Lee
Bought by
Garbow Kurt D and Garbow Katherine R
List Price
$385,000
Sold Price
$370,000
Premium/Discount to List
-$15,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$296,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Lee Martin S and Lee Midge O
Bought by
Purcell Michael Kirkland and Hutchinson Patricia Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Duplantis Barry J $580,000 None Available
Garbow Kurt D $370,000 None Available
Purcell Michael Kirkland $489,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duplantis Barry J $450,000
Previous Owner Garbow Kurt D $296,000
Previous Owner Purcell Michael Kirkland $391,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $580,000 -3.2% $211 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $599,000 -6.1% $218 / Sq Ft
01/31/2020 01/31/20 Price Changed $638,000 -1.5% $233 / Sq Ft
10/14/2019 10/14/19 Price Changed $648,000 -1.5% $236 / Sq Ft
09/27/2019 09/27/19 Price Changed $658,000 -1.5% $240 / Sq Ft
08/12/2019 08/12/19 For Sale $668,200 +80.6% $244 / Sq Ft
05/10/2013 05/10/13 Sold $370,000 -3.9% $162 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $385,000 -- $169 / 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 $5,015 $612,800 $270,000 $342,800
2024 $4,958 $612,800 $270,000 $342,800
2023 $5,729 $612,800 $270,000 $342,800
2022 $5,729 $487,000 $285,000 $202,000
2021 $5,501 $487,000 $285,000 $202,000
2020 $3,439 $337,400 $190,000 $147,400
2019 $3,198 $334,200 $190,000 $144,200
2018 $5,003 $517,340 $380,000 $137,340
2016 $4,201 $517,340 $380,000 $137,340
2013 -- $475,800 $380,000 $95,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3539516

Canopy MLS (Canopy Realtor® Association)

APN: 228829