NOT LISTED FOR SALE

126 Southside Dr Lake Lure, NC 28720

Estimated Value: $342,408 - $462,000

2 Beds
2 Baths
1,144 Sq Ft
$350/Sq Ft Est. Value

Last Sold July 21, 2022

Last sale price $375,000 $328 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,131/month

28 Days on Market

Highlights

  • No HOA
  • Laundry in Mud Room
  • Tile Flooring
  • Enclosed Patio or Porch
  • Bungalow
  • 1-Story Property

About This Home

As of July 2022

Rare RIVERFRONT Chimney Rock heirloom property. 2 bed, 2 bath, with sleeping porch on the most charming street in the area. Prepare to be amazed by the peace and tranquility that await you in the midst of all the hustle and bustle of the Village of Chimney Rock. An exquisite example of a perfect mountain cabin, this home offers bright and sunny rooms, charming architecture, a perfect vintage kitchen, quaint enclosed sleeping porch, uncovered kitchen porch with river view and Chimney Rock view! Sweet front entry porch with hand-laid brickwork. This home will work beautifully as a primary residence, weekend home, or an absolute cash-cow vacation rental. Furnishings are included.

Last Agent to Sell the Property

George Carter

G Carter Consulting LLC Brokerage Email: George@DwellAvl.com License #324263 Listed on: 05/25/2022

Co-Listed By

Ken Jordan

Dwell Realty Group Brokerage Email: George@DwellAvl.com License #186726

Last Buyer's Agent

Matt Payne

Walnut Cove Realty/Allen Tate/Beverly-Hanks License #319746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $411

Year Built

  • Built in 1930

Lot Details

  • 9,583

Parking

  • 4 Open Parking Spaces

Home Design

  • Bungalow
  • Cabin
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Enclosed Patio or Porch
  • 9,583 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 232301

Home Details

Home Type

Single Family

Est. Annual Taxes

$411

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cabin
  • Year Built: 1930
  • Restrictions: N/A
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 327.80
  • Attribution Contact: George@DwellAvl.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Linoleum, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1144
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dryer, Electric Range, Electric Water Heater, Washer
  • Above Grade Finished Sq Ft: 1144
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1144
  • Bedroom Main: 2
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Water Body Name: Rocky Broad River
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Enclosed, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: Mud Room
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: River Front
  • Lot Size Area: 0.22
  • Lot Size Units: Acres
  • Parcel Number: 232301
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Verification Count: 1

Rental Info

  • Hold Date: 2022-05-26

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 20, 2022
Sold by
Warwick Margie O and Warwick Barbara H
Bought by
Erginer Kenan and Erginer Erin
Seller's Agent
George Carter
G Carter Consulting LLC
Buyer's Agent
Matt Payne
Walnut Cove Realty/Allen Tate/Beverly-Hanks
List Price
$420,000
Sold Price
$375,000
Premium/Discount to List
-$45,000
-10.71%
Current Estimated Value
$399,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,852
Avg. Annual Appreciation
1.98%
Original Mortgage
$300,000
Outstanding Balance
$285,759
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$114,093

Purchase Details

Closed on
Jul 28, 2016
Sold by
Warwick Margie O
Bought by
Warwick Margie O and Wright Barbara H

Purchase Details

Closed on
Jul 19, 2016
Sold by
Warwick Keith and Warwick Frances S
Bought by
Warwick Margie O

Purchase Details

Closed on
Jul 12, 2012
Sold by
First Citizens Bank & Trust Co and Howard Timothy W
Bought by
Warwick Keith
Source: Public Records

Range of Values:

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Average Value
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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
Erginer Kenan $375,000 Hurwitz Joseph R
Erginer Kenan $375,000 Hurwitz Joseph R
Warwick Margie O -- None Available
Warwick Margie O $50,000 None Available
Warwick Keith -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erginer Kenan $300,000
Closed Erginer Kenan $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2022 07/21/22 Sold $375,000 -6.3% $328 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $400,000 -4.8% $350 / Sq Ft
06/03/2022 06/03/22 For Sale $420,000 +12.0% $367 / Sq Ft
05/26/2022 05/26/22 Off Market $375,000 -- --
05/25/2022 05/25/22 For Sale $420,000 -- $367 / 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 $411 $25,000 $25,000 $0
2024 $1,889 $272,100 $75,000 $197,100
2023 $867 $272,100 $75,000 $197,100
2022 $867 $89,900 $28,500 $61,400
2021 $867 $89,900 $28,500 $61,400
2020 $858 $89,900 $28,500 $61,400
2019 $850 $89,900 $28,500 $61,400
2018 $831 $88,700 $35,200 $53,500
2016 $800 $88,700 $35,200 $53,500
2013 -- $88,700 $35,200 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3848042

Canopy MLS (Canopy Realtor® Association)

APN: 232301