NOT LISTED FOR SALE

131 Pier Point Dr Lake Lure, NC 28746

Estimated Value: $573,000 - $666,000

3 Beds
2 Baths
1,378 Sq Ft
$441/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $557,500 $405 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,681/month

168 Days on Market

Highlights

  • Boat Slip
  • Wooded Lot
  • Paved or Partially Paved Lot
  • Under Construction
  • Laundry Room
  • Cabin

About This Home

As of June 2022

New construction! Surreal mountain and lake views! Lake Lure access! Deeded community boat docks! Single-level living! This house is conveniently located off of Buffalo Shoals Rd. Pier Point Cove has direct access down the street to the lake. The home is about a month from completion and will have some amazing features like cedar tongue and groove ceilings, and granite counter tops. Will have log cabin siding, and a large, gorgeous window featured above the front entrance. 1G fiber optics being currently installed by AT&T. There are also HUGE rental/VRBO opportunities in the area. Please reach out to agent for rental history in the surrounding neighborhoods. Check this home out now before someone else takes advantage of this immaculate new construction!

Last Agent to Sell the Property

Chauncey Whiting

Keller Williams Mtn Partners, LLC License #309746 Listed on: 12/30/2021

Keller Williams Mtn Partners, LLC

Last Buyer's Agent

Tania Reid

Keller Williams Mtn Partners, LLC License #284899

Keller Williams Mtn Partners, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

Home Design

  • 1,378 Sq Ft Home
  • Cabin
  • Slab Foundation
  • Log Siding

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Gas Water Heater
  • Septic Tank

Additional Features

  • Laundry Room
  • Boat Slip

Community Details

  • Pierpoint Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1618234

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,883

Year Built

Built in 2022 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2022
  • Ratio Current Price By Acre: 1296511.63
  • Proposed Completion Date: 2022-01-31
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1378
  • 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
  • Porch: Back,Front
  • Appliances: Electric Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1378
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Waterfront Features: Boat Slip (Deed)
  • Waterfront Elevation: 1500
  • Construction Type: Log

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: None

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Well

Schools

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

Lot Info

  • Lot Features: Lake On Property, Lake Access, Mountain View, Paved, Sloped, Wooded, Views, Water View, Wooded, Year Round View
  • Lot Size Area: 0.43
  • Lot Size Units: Acres
  • Parcel Number: 1618234
  • Zoning Description: R1

Tax Info

  • RATIO List Price By Tax Amount: 34.30233

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
May 24, 2022
Sold by
Meyer Michael
Bought by
Soper Theodore A and Soper Karen R
Seller's Agent
Chauncey Whiting
Keller Williams Mtn Partners, LLC
Buyer's Agent
Tania Reid
Keller Williams Mtn Partners, LLC
List Price
$650,000
Sold Price
$557,500
Premium/Discount to List
-$92,500
-14.23%
Current Estimated Value
$607,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,382
Avg. Annual Appreciation
1.18%
Original Mortgage
$303,000
Outstanding Balance
$289,931
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$288,432

Purchase Details

Closed on
Aug 28, 2020
Sold by
Badaboom Realiy Corp
Bought by
Meyer Michael

Purchase Details

Closed on
Jan 4, 2006
Sold by
Pierpoint Inc
Bought by
Badaboom Realty Corp
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
Soper Theodore A $557,500 None Listed On Document
Meyer Michael $30,000 None Available
Badaboom Realty Corp $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soper Theodore A $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $557,500 -5.5% $405 / Sq Ft
03/07/2022 03/07/22 Price Changed $590,000 -9.2% $428 / Sq Ft
12/30/2021 12/30/21 For Sale $650,000 -- $472 / 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
2024 $3,883 $481,200 $100,000 $381,200
2023 $194 $433,500 $100,000 $333,500
2022 $194 $17,200 $17,200 $0
2021 $194 $17,200 $17,200 $0
2020 $175 $17,200 $17,200 $0
2019 $165 $17,200 $17,200 $0
2018 $580 $60,000 $60,000 $0
2016 $530 $60,000 $60,000 $0
2013 -- $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3816632

Canopy MLS (Canopy Realtor® Association)

APN: 1618234