$185,000
SOLD MAR 22, 2019

140 W Lake Dr N Unit 301 Lake Lure, NC 28746

2 Beds
2 Baths
1,107 Sq Ft
$298/mo HOA Fee

Recently Sold

$167 Per Sq Ft

6% Below List Price

163 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Community Lake
  • Traditional Architecture

About This Home

As of March 2019

Come enjoy the relaxing views of this condo. Mountain and golf course views in the front and the peacefulness of Bald Mountains Lake in the back. Inside this condo, you will find many of your everyday luxuries wrapped in the warmth of lake life living. The full-size spacious kitchen opens to a screened porch overlooking Bald Mtn Lake. The screened porch offers full views of Bald Mountain Lake and easy dock access. Great rental history. All Rumbling Bald Resort amenities are offered with the beautiful condo. Level parking area just in front of the condo.

Last Agent to Sell the Property

Lyn Weaver

Premier Sotheby’s International Realty License #191157 Listed on: 09/18/2018

Premier Sotheby’s International Realty

Last Buyer's Agent

Lyn Weaver

Premier Sotheby’s International Realty License #191157 Listed on: 09/18/2018

Premier Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • End Unit

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Window Treatments
  • Crawl Space

Kitchen

  • <<OvenToken>>
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 227734

Community Details

Overview

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

Amenities

  • Clubhouse
  • Business Center

Recreation

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

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.93671
  • Ratio Close Price By Original Li: 0.98667
  • Ratio Current Price By Sq Ft: 167.12
  • Unit Floor Level: 4
  • Year Built: 1973
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 300
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Entry Level: Main
  • Equipment: Cooktop Electric, Dishwasher, Disposal, Dryer, Ice Maker Connection, Microwave, Oven, Exhaust Hood, Refrigerator, Washer
  • Flooring: Carpet, Tile, Vinyl
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Kitchen Island, Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 807
  • Total Sq Ft: 1107

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Outdoor Pool, Putting Green, Recreation Area, Security, Tennis Court(s), Walking Trails, Business Center, Street Lights
  • Association Fee: 3579.00
  • Association Fee Frequency: Annually
  • Complex Name: Fairway Villas
  • 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: End Unit, Golf Course View, Lake Access, Long Range View, Paved Frontage, Water view, Year Round View
  • Parcel Number: 227734
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 145500.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Gross Klaus and Gross Dorothy
Bought by
Poslusny Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Outstanding Balance
$190,057
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$156,981

Purchase Details

Listed on
Sep 18, 2018
Closed on
Mar 22, 2019
Sold by
Hoopes Nancy M and Hoopes John E
Bought by
Gross Klaus and Gross Dorothy
Seller's Agent
Lyn Weaver
Premier Sotheby’s International Realty
Buyer's Agent
Lyn Weaver
Premier Sotheby’s International Realty
List Price
$197,500
Sold Price
$185,000
Premium/Discount to List
-$12,500
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$135,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $235,000 None Available
Warranty Deed $185,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,500 New Conventional
Previous Owner $135,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $365,000 +97.3% $348 / Sq Ft
03/22/2019 03/22/19 Sold $185,000 -6.3% $167 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $197,500 0.0% $178 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/22/2018 09/22/18 Price Changed $197,500 +5.3% $178 / Sq Ft
09/18/2018 09/18/18 For Sale $187,500 -- $169 / 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 $1,992 $246,900 $0 $246,900
2023 $1,582 $246,900 $0 $246,900
2022 $1,582 $140,400 $0 $140,400
2021 $1,584 $140,400 $0 $140,400
2020 $1,428 $140,400 $0 $140,400
2019 $1,344 $140,400 $0 $140,400
2018 $1,407 $145,500 $0 $145,500
2016 $1,285 $145,500 $0 $145,500
2013 -- $145,500 $0 $145,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3435714

Canopy MLS (Canopy Realtor® Association)

APN: 227734