NOT LISTED FOR SALE

141 Falcon Rd Lake Lure, NC 28746

Estimated Value: $1,347,597 - $1,673,000

3 Beds
4 Baths
3,581 Sq Ft
$407/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $845,000 $236 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,363/month

43 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Bamboo Flooring
  • A-Frame Home
  • Private Lot
  • Attic

About This Home

As of August 2020

Lakefront: 200’ +/- shoreline, boathouse, party deck, private peninsula makes this a rare find. Almost 3600 sq./ft ,no need to stretch space. 3 bedroom/4 bath estate like setting. Western views from the 2-story great room. Entertain the entire family for the holidays. Modern kitchen, gathering spaces galore, huge master on the main are just a start to what’s included.
141 Falcons Ave was built on land originally set aside for the Riverbend Community marina and park. But over the year’s plans changed and these lots although still part of Riverbend were sold off to buyers seeking Lake Lure lakefront homes. Falcons Ave is one of a few homes that has direct lake access on Lake Lure but part of Riverbend. Amenities include lazy river, two more smaller lakes, beach, swimming, hiking and trails. If you are looking for a lazy day off the main lake, grab the kids and head over to Big Mirror lake where you can sit on the beach and just enjoy nature from a different perspective.

Last Agent to Sell the Property

Doug Kelly

Allen Tate/Beverly-Hanks, Lake Lure License #281963 Listed on: 05/14/2020

Last Buyer's Agent

Doug Kelly

Allen Tate/Beverly-Hanks, Lake Lure License #281963 Listed on: 05/14/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • A-Frame Home
  • European Architecture
  • Stone Siding

Interior Spaces

  • Tray Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Breakfast Bar
  • Attic

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Additional Features

  • Separate Outdoor Workshop
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 232391
  • Tax Block 80

Community Details

Overview

  • Cedar Management Association, Phone Number (877) 252-3327
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: A-Frame, European
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95051
  • Ratio Close Price By Original Li: 0.95051
  • Ratio Current Price By Acre: 1242647.06
  • Ratio Current Price By Sq Ft: 235.97
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Partially Finished, Block, Concrete
  • Upper Level Sq Ft: 774
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Dryer, Propane, Refrigerator, Wall Oven, Washer
  • Fireplace Description: Den, Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Bamboo, Carpet, Tile, Wood
  • H O A Management Phone: 8772523327
  • Interior Amenities: Attic Walk-in, Basement Shop, Breakfast Bar, Pantry, Skylight(s), Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 960
  • Main Level Sq Ft: 1847
  • Total Sq Ft: 3581
  • Sq Ft Unheated Basement: 210
  • Sq Ft Unheated Total: 210

Exterior Features

  • Construction: Stone, Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 3 Car, Driveway, Keypad Entry, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake, Walking Trails, Picnic Area
  • Association Fee: 550.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Lake Lure Classical Academy

Lot Info

  • Lot Features: Lake, Lake Access, Long Range View, Mountain View, Private, Sloping, Views, Water view, Waterfront
  • Lot Size Area: 0.680
  • Parcel Number: 232391
  • Plat Book Slide: 10
  • Zoning Specification: R1

Tax Info

  • Tax Value: 628200.00
  • Tax Block: 80
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 11, 2020
Sold by
Watkins Shirley J
Bought by
Muniz Juan Carlos G and Crim Alisa Muniz
Seller's Agent
Doug Kelly
Allen Tate/Beverly-Hanks, Lake Lure
Buyer's Agent
Doug Kelly
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$889,000
Sold Price
$845,000
Premium/Discount to List
-$44,000
-4.95%
Total Days on Market
43
Current Estimated Value
$1,436,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,817
Avg. Annual Appreciation
11.67%
Original Mortgage
$507,000
Interest Rate
3%
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 Buyer Sale Price Title Company
Muniz Juan Carlos G $845,000 First Amer Mtg Sln On Behal
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 141 Falcon Rd Llc $1,425,000
Closed Muniz Juan Carlos G $507,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $845,000 -4.9% $236 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $889,000 -- $248 / 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 $8,300 $1,027,000 $450,000 $577,000
2023 $7,279 $1,027,000 $450,000 $577,000
2022 $7,279 $645,200 $350,000 $295,200
2021 $7,286 $645,200 $350,000 $295,200
2020 $6,397 $628,200 $350,000 $278,200
2019 $6,012 $628,200 $350,000 $278,200
2018 $7,162 $740,600 $500,000 $240,600
2016 $6,540 $740,600 $500,000 $240,600
2013 -- $739,600 $500,000 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3618736

Canopy MLS (Canopy Realtor® Association)

APN: 232391