NOT LISTED FOR SALE

136 Watergate Rd Lake Lure, NC 28746

Estimated Value: $671,152 - $770,000

3 Beds
2 Baths
2,050 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $422,500 $206 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,578/month

195 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Open Floorplan
  • Clubhouse

About This Home

As of December 2020

This custom built home offers comfort, top quality craftsmanship and a perfect location in the Rumbling Bald Resort on Lake Lure. The recreation complex, beach and marina are right across the street so you can walk to the resort amenities. There are plenty of outdoor living spaces with decks and covered porches to enjoy summer shade and winter views of the mountains and lake. There is an abundance of parking for family and guests. Beautiful wood interiors offer Aspen, Spruce and Redwood. Master is on the main floor and gorgeous wood burning fireplace is a center piece for the family room. Don't let this one get away!

Last Agent to Sell the Property

Carol Choun

Coldwell Banker Advantage Listed on: 05/07/2020

Coldwell Banker Advantage

Last Buyer's Agent

Melissa Moloney

Yancey Realty, LLC License #310243

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 0.87

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Additional Features

  • Private Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 231631

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

HOA Fees

$298 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97126
  • Ratio Close Price By Original Li: 0.93889
  • Ratio Current Price By Acre: 485632.18
  • Ratio Current Price By Sq Ft: 206.10
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Garage Door
  • Upper Level Sq Ft: 578
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Breakfast Bar, Cable Available, Cathedral Ceiling(s), Open Floorplan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 420
  • Main Level Sq Ft: 1472
  • Total Sq Ft: 2050
  • Sq Ft Unheated Basement: 316
  • Sq Ft Unheated Total: 316

Exterior Features

  • Construction: Stone, Stone Veneer, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Garage - 1 Car, Parking Space - 3

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Outdoor Pool, Playground, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 3570.00
  • Association Fee Frequency: Annually
  • HOA Management Company: James Caine
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Lake Access, Mountain View, Private, Water view, Winter View
  • Lot Size Area: 0.870
  • Parcel Number: 231631
  • Plat Reference Section Pages: 696
  • Zoning Specification: R1

Tax Info

  • Tax Value: 240500.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Dec 9, 2020
Sold by
Troy L Brown Revocable Trust and Troy L Brown Revocable Trust
Bought by
Moloney Michael and Moloney Mellssa
Seller's Agent
Carol Choun
Coldwell Banker Advantage
Buyer's Agent
Melissa Moloney
Yancey Realty, LLC
List Price
$450,000
Sold Price
$422,500
Premium/Discount to List
-$27,500
-6.11%
Current Estimated Value
$717,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,288
Avg. Annual Appreciation
11.56%
Original Mortgage
$338,000
Outstanding Balance
$312,955
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$393,616

Purchase Details

Closed on
Jun 12, 2020
Sold by
Brown Troy L and Brown Phillis P
Bought by
Brown Troy L and Troy L Brown Revocbale Trust

Purchase Details

Closed on
Aug 14, 2007
Sold by
Grant John and Grant Beverly
Bought by
Old Republic Exchange Facilitator Co

Purchase Details

Closed on
May 18, 2005
Sold by
Brackett Ted H and Brackett Jeanette
Bought by
Grant John and Grant Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.7%
Mortgage Type
New Conventional
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
Moloney Michael $422,500 None Available
Brown Troy L -- None Available
Old Republic Exchange Facilitator Co $506,500 None Available
Grant John $355,000 None Avelable
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moloney Michael $338,000
Previous Owner Grant John A $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2020 12/14/20 Sold $422,500 -2.9% $206 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $435,000 -3.3% $212 / Sq Ft
05/07/2020 05/07/20 For Sale $450,000 -- $220 / 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 $4,423 $546,500 $150,000 $396,500
2023 $3,404 $546,500 $150,000 $396,500
2022 $3,404 $301,300 $75,000 $226,300
2021 $3,407 $301,300 $75,000 $226,300
2020 $3,072 $301,300 $75,000 $226,300
2019 $2,883 $301,300 $75,000 $226,300
2018 $2,326 $240,500 $52,500 $188,000
2016 $2,124 $240,500 $52,500 $188,000
2013 -- $240,500 $52,500 $188,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3617848

Canopy MLS (Canopy Realtor® Association)

APN: 231631