NOT LISTED FOR SALE

131 Johnadel Ct Unit 25A Lake Lure, NC 28746

Estimated Value: $545,000 - $976,000

3 Beds
3.5 Baths
4,160 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $250,000 $60 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $4,802/month

517 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Private Lot

About This Home

As of January 2018

Very affordable home located on the 17th green of Apple Valley Golf Course of Rumbling Bald Resort on Lake Lure. Almost one level acre offering lots of outdoor possibilities. Master suite has pretty bath with private deck. Lower level with family room, rec room, fireplace and wet bar. Large great room and kitchen with sunroom and roomy deck. Lots of potential in this spacious and secluded golf course home.

Last Agent to Sell the Property

Thomas McKay

Pinnacle Sothebys International Realty Listed on: 07/06/2016

Pinnacle Sothebys International Realty

Last Buyer's Agent

Carolyn Cryan

Carolina Mountain Sales License #256938

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Window Treatments
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Spa
  • Outdoor Fireplace

Utilities

  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 1606128

Community Details

Overview

  • James Cain Association, Phone Number (828) 694-3011
  • Community Lake

Amenities

  • Clubhouse
  • Business Center

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.84746
  • Ratio Close Price By Original Li: 0.75988
  • Ratio Current Price By Acre: 304878.05
  • Ratio Current Price By Sq Ft: 60.10
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Block
  • Upper Level Sq Ft: 1200
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Dishwasher, Grilltop, Gas Range, Intercom, Microwave, Refrigerator, Exhaust Hood, Washer, Propane, Gas Oven
  • Fireplace Description: Gas Vented, Great Room, Kitchen, Primary Bedroom, Propane, Rec Room, Wood Burning, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Vinyl
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Garage Shop, Hot Tub, Kitchen Island, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 1480
  • Main Level Sq Ft: 1480
  • Total Sq Ft: 4160

Exterior Features

  • Construction: Brick Partial, Cedar Shake
  • Construction Type: Site Built
  • Exterior Features: Hot Tub, Outdoor Fireplace
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Golf Cart Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat, Propane
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Business Center, Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Security, Tennis Court(s), Walking Trails
  • Association Fee: 1979.00
  • Association Fee Frequency: Annually
  • 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: Cul-de-sac Lot, Golf Course View, On Golf Course, Paved Frontage, Lake, Private, Sloping, Trees, Winter View, Wooded
  • Lot Size Area: 0.820
  • Parcel Number: 1606128
  • Zoning: Residential
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 347500.00
  • Tax Amount Ncm: 3068.44
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jan 11, 2018
Sold by
Gross Martha D
Bought by
Arce Javier M and Arce Marla M
Seller's Agent
Thomas McKay
Pinnacle Sothebys International Realty
Buyer's Agent
Carolyn Cryan
Carolina Mountain Sales
List Price
$329,000
Sold Price
$250,000
Premium/Discount to List
-$79,000
-24.01%
Current Estimated Value
$793,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,614
Avg. Annual Appreciation
16.07%
Original Mortgage
$150,000
Outstanding Balance
$126,582
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$667,032
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
Arce Javier M $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Javier M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2018 01/18/18 Sold $250,000 -24.0% $60 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
07/06/2016 07/06/16 For Sale $329,000 -- $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 $5,309 $649,100 $100,000 $549,100
2024 $5,251 $649,100 $100,000 $549,100
2023 $4,392 $649,100 $100,000 $549,100
2022 $4,392 $389,000 $50,000 $339,000
2021 $4,396 $389,000 $50,000 $339,000
2020 $3,964 $389,000 $50,000 $339,000
2019 $3,723 $389,000 $50,000 $339,000
2018 $3,360 $347,500 $50,000 $297,500
2016 $3,068 $347,500 $50,000 $297,500
2013 -- $347,500 $50,000 $297,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3194912

Canopy MLS (Canopy Realtor® Association)

APN: 1606128