NOT LISTED FOR SALE

125 Village Rd Lake Lure, NC 28746

Estimated Value: $293,000 - $469,000

3 Beds
3 Baths
1,950 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $399,000 $205 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,532/month

31 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Mountain View
  • Access To Lake
  • RV or Boat Storage in Community
  • A-Frame Home

About This Home

As of April 2024

Absolutely adorable home w/ lower level apartment. Excellent investment opportunity for use as primary residence or 2nd home. Property offers ample parking, mtn views, decking to enjoy outdoor dining/entertaining. Currently used as vacation rental w/ owners using property a good portion of the time. "Chalet Away" Sold fully furnished. Upper unit offers 2 bedrooms, nice kitchen, woodburning fireplace with stove insert, spacious living room. Fireplaces in both units as well as individual laundry access. Lower apt offering large kitchen, full bath w/ stackable laundry unit & bedroom with French doors . Recent improvements include fresh exterior paint and deck stain, new roof April 2020, new HVAC upper levels and mini splits lower apartment less than 2 yrs old. 2 bedroom septic Rumbling Bald amenities include 2 championship golf courses, Indoor/outdoor pools, tennis & pickleball courts, walking trails, private beach on lake, Community boat ramp. Underground utilities, fiber optic internet.

Last Agent to Sell the Property

Sandra Messer

Dwell Realty Group Brokerage Email: sandra@dwellavl.com License #262207 Listed on: 01/24/2024

Last Buyer's Agent

Sandra Messer

Dwell Realty Group Brokerage Email: sandra@dwellavl.com License #262207 Listed on: 01/24/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 1973

Lot Details

  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $354 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Arts and Crafts Architecture

Interior Spaces

  • 2.5-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Vinyl Flooring
  • Mountain Views
  • Basement
  • Apartment Living Space in Basement
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Parking

  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Access To Lake
  • Balcony
  • Deck

Additional Homes

  • Separate Entry Quarters

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 225623
  • Tax Block 1

Community Details

Overview

  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,472

Year Built

Built in 1973

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame, Arts and Crafts
  • Year Built: 1973
  • Restrictions: Building,Modular Allowed,Subdivision
  • Restrictions Description: Rumbling Bald covenants and restrictions. Short term rentals allowed. Square footage build restrictions. Off frame modular allowed
  • Second Living Quarters: Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: Two and a Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 204.62
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: sandra@dwellavl.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 780
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 390
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1170
  • Has Basement: Apartment
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 780
  • Fireplace Features: Bonus Room, Living Room, Wood Burning
  • Living Area: 1950
  • Bedroom Main: 0
  • Room Count: 2
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s)
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Paddlesport Launch Site - Community
  • Waterfront Elevation: 1500
  • Construction Type: Cedar Shake
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Ductless, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Multiple Locations
  • Cooling: Ductless, Heat Pump
  • Utilities: Cable Connected, Fiber Optics
  • Water Source: Community Well, Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, RV/Boat Storage, Tennis Court(s), Walking Trails
  • Association Fee: 4248
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually
  • Association Email: tkennedy@rumblingbald.com

Association/Amenities

  • Association Annual Expense: 4248.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Rolling Slope, Wooded, Views
  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 225623
  • Plat Book Slide: 11/78
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Tax Info

  • Tax Block: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Apr 12, 2024
Sold by
Miller Jacqueline and Miller George
Bought by
Bricker Richard and Bricker Katelyn
Seller's Agent
Sandra Messer
Dwell Realty Group
Buyer's Agent
Sandra Messer
Dwell Realty Group
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%
Views
125
Current Estimated Value
$364,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,359
Avg. Annual Appreciation
-6.32%
Original Mortgage
$319,200
Outstanding Balance
$312,868
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$51,773

Purchase Details

Listed on
Feb 24, 2020
Closed on
Oct 28, 2020
Sold by
125 Village Road Llc
Bought by
Miller Jacqueline and Miller George
Seller's Agent
Dutch Beukema
Carolina Properties
Buyer's Agent
Sandra Messer
Dwell Realty Group
List Price
$199,500
Sold Price
$193,000
Premium/Discount to List
-$6,500
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%
Original Mortgage
$154,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2019
Sold by
Burch Sandra Durbin
Bought by
125 Village Road Llc

Purchase Details

Listed on
Oct 14, 2017
Closed on
Nov 21, 2017
Sold by
Lail Brian Lee and Koone Joan Buchanan
Bought by
Burch Sandra Durbin
Seller's Agent
Charles Burgess
Buyer's Agent
Sonja Smith
Odean Keever & Associates, Inc.
List Price
$185,000
Sold Price
$183,500
Premium/Discount to List
-$1,500
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Oct 8, 2014
Closed on
Apr 26, 2017
Sold by
Rosa Lee Hutchinson
Bought by
Lail Brian
Seller's Agent
Dorothy Barnett
Weichert Realtors Mountain Executives
Buyer's Agent
Valerie Wrobel
Carolina Properties
List Price
$154,900
Sold Price
$110,000
Premium/Discount to List
-$44,900
-28.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
141.65%
Original Mortgage
$65,000
Interest Rate
3.97%
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
Bricker Richard $319,500 None Listed On Document
Miller Jacqueline $193,000 None Available
125 Village Road Llc -- None Available
Burch Sandra Durbin $183,500 None Available
Lail Brian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bricker Richard $319,200
Previous Owner Miller Jacqueline $154,400
Previous Owner Lail Brian $65,000
Previous Owner Lail Brian --
Previous Owner Koone Joan Buchanan $65,000
Previous Owner Hutchinson Rosa Lee $62,167
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $399,000 -6.1% $205 / Sq Ft
01/24/2024 01/24/24 For Sale $425,000 +120.2% $218 / Sq Ft
10/29/2020 10/29/20 Sold $193,000 -3.3% $99 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/20/2020 09/20/20 For Sale $199,500 0.0% $102 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $199,500 +8.7% $102 / Sq Ft
11/21/2017 11/21/17 Sold $183,500 -0.8% $94 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/14/2017 10/14/17 For Sale $185,000 +68.2% $95 / Sq Ft
04/25/2017 04/25/17 Sold $110,000 -29.0% $56 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
10/08/2014 10/08/14 For Sale $154,900 -- $79 / 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 $2,472 $299,300 $50,000 $249,300
2024 $1,450 $289,600 $50,000 $239,600
2023 $2,067 $289,600 $50,000 $239,600
2022 $2,067 $182,700 $36,000 $146,700
2021 $2,069 $182,700 $36,000 $146,700
2020 $1,866 $182,700 $36,000 $146,700
2019 $1,748 $182,700 $36,000 $146,700
2018 $1,112 $115,000 $36,000 $79,000
2016 $1,015 $115,000 $36,000 $79,000
2013 -- $115,000 $36,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4102666

Canopy MLS (Canopy Realtor® Association)

APN: 225623