NOT LISTED FOR SALE

125 Falcon Way Lake Lure, NC 28746

Estimated Value: $525,980 - $698,000

3 Beds
3.5 Baths
2,060 Sq Ft
$306/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $345,000 $167 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,585/month

2 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Bamboo Flooring
  • Spa
  • Cathedral Ceiling
  • Recreation Facilities

About This Home

As of August 2018

Built in 2016, this log cabin on nearly an acre in Lake Lure is nearly new. Soaring two-story ceiling Great Room with stone fireplace/gas logs and adjacent concrete counter-top kitchen. Ceramic top oven/range, built-in microwave, graphite sink, glass tile backsplash. Master on main is large and en-suite bathroom features a tiled shower with European frame-less enclosure. Upper level bedroom and loft. Lower level includes a pool room, full bath and additional 11X11 semi-finished room already heated and cooled. Could be exercise room, overflow guest space or hobby room. Covered porch main level and covered patio at lower level. Lower level garage. Quiet location close to Chimney Rock state park with great access to Hendersonville, Asheville, and Black Mountain.

Last Agent to Sell the Property

Joelle van den Berg

Lifestyle Properties License #174394 Listed on: 06/05/2018

Lifestyle Properties

Last Buyer's Agent

Sharon Carlyle

Howard Hanna Beverly-Hanks License #244677

Howard Hanna Beverly-Hanks

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.82

Parking

  • Attached Garage

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Bamboo
  • Wood
  • Concrete
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Spa
  • Well

Community Details

  • Golf Course Community
  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 1613745
  • Tax Block 35

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 420731.71
  • Ratio Current Price By Sq Ft: 167.48
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete
  • Upper Level Sq Ft: 355
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Bamboo, Concrete, Slate, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Hot Tub, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 665
  • Main Level Sq Ft: 1040
  • Total Sq Ft: 2060
  • Sq Ft Unheated Basement: 115
  • Sq Ft Unheated Total: 115

Exterior Features

  • Construction: Log, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 1 Car

Utilities

  • Heating: g-Energy Star HVAC, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Golf Course, Recreation Area

Schools

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

Lot Info

  • Lot Features: Paved Frontage
  • Lot Size Area: 0.820
  • Parcel Number: 1613745
  • Plat Book Slide: 12
  • Zoning Specification: R3

Tax Info

  • Tax Value: 176511.00
  • Tax Block: 35
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Aug 20, 2018
Sold by
Shutrump Frederick C and Shutrump Rebecca
Bought by
Hatfield Richard Brien and Hatfield Kathleen M
Seller's Agent
Joelle van den Berg
Lifestyle Properties
Buyer's Agent
Sharon Carlyle
Howard Hanna Beverly-Hanks
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$630,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,245
Avg. Annual Appreciation
8.74%
Original Mortgage
$276,000
Outstanding Balance
$239,695
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$390,550

Purchase Details

Closed on
Aug 23, 2017
Sold by
Smc Land Corporation Inc
Bought by
Shutrump Frederick C

Purchase Details

Closed on
Oct 15, 2012
Sold by
Carolina Country Land Co Llc
Bought by
Smc Land Corp
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
Hatfield Richard Brien $345,000 None Available
Shutrump Frederick C -- None Available
Smc Land Corp $14,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatfield Richard Brien $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $345,000 0.0% $167 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $345,000 -- $167 / 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 $3,351 $407,600 $50,000 $357,600
2024 $3,302 $407,600 $50,000 $357,600
2023 $2,992 $407,600 $50,000 $357,600
2022 $2,992 $264,800 $36,000 $228,800
2021 $2,995 $264,800 $36,000 $228,800
2020 $2,701 $264,800 $36,000 $228,800
2019 $2,534 $264,800 $36,000 $228,800
2018 $1,707 $176,511 $36,000 $140,511
2016 $265 $30,000 $30,000 $0
2013 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3396150

Canopy MLS (Canopy Realtor® Association)

APN: 1613745