NOT LISTED FOR SALE

147 Watergate Rd Lake Lure, NC 28746

Estimated Value: $775,000 - $1,012,138

4 Beds
3.5 Baths
3,306 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $460,000 $139 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,428/month

514 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Cathedral Ceiling
  • Gated Community
  • Contemporary Architecture
  • Whirlpool Bathtub

About This Home

As of May 2014

Wonderful resort home overlooking Lake Lure. Best location in Bald Mountain Resort. You can walk to all the amenities or sit on the oversized deck and gaze at the lake,enjoy the fireworks on 4th of July, or have a front row seat at the Olympiad Games. Large great room, tons of windows, 3 master suites. Great home for entertaining or great for the rental program. In'05 this property produced 30K on the rental program. Current owners do not rent.

Last Agent to Sell the Property

Sherry Henderson

RE/MAX Journey License #186926 Listed on: 11/30/2012

Last Buyer's Agent

Lyn Weaver

Premier Sotheby’s International Realty License #191157

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,145

Year Built

  • Built in 1995

Lot Details

  • 0.5

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Whirlpool Bathtub

Listing and Financial Details

  • Assessor Parcel Number 1603601 1628872

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,145

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.83789
  • Ratio Close Price By Original Li: 0.73022
  • Ratio Current Price By Acre: 920000.00
  • Ratio Current Price By Sq Ft: 139.14
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Central Vacuum, Dryer, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Vented, Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Skylight(s), Whirlpool
  • Room Count: 4
  • Sq Ft Basement: 1500
  • Main Level Sq Ft: 1806
  • Total Sq Ft: 3306

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 2957.00

Lot Info

  • Lot Features: Mountain View, Water view, Year Round View
  • Lot Size Area: 0.500
  • Parcel Number: 1603601 1628872
  • Plat Reference Section Pages: 906
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
May 30, 2014
Sold by
Bourne Robert B and Bourne Teresa U
Bought by
Walker Scott W and Walker Pamela S
Seller's Agent
Sherry Henderson
RE/MAX Journey
Buyer's Agent
Lyn Weaver
Premier Sotheby’s International Realty
List Price
$629,950
Sold Price
$460,000
Premium/Discount to List
-$169,950
-26.98%
Current Estimated Value
$917,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,535
Avg. Annual Appreciation
7.24%
Original Mortgage
$368,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Grant John A and Grant Beverley C
Bought by
Bourne Robert B and Bourne Teresa U
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
Walker Scott W $460,000 None Available
Bourne Robert B $640,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Scott W $353,000
Closed Walker Scott W $353,000
Closed Walker Scott W $363,000
Closed Walker Scott W $105,700
Closed Walker Scott W $353,000
Closed Walker Scott W $368,000
Previous Owner Oak Street Properties Llc $277,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $460,000 -27.0% $139 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
11/30/2012 11/30/12 For Sale $629,950 -- $191 / 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 $5,145 $636,000 $150,000 $486,000
2023 $4,080 $636,000 $150,000 $486,000
2022 $4,080 $361,300 $75,000 $286,300
2021 $4,083 $361,300 $75,000 $286,300
2020 $3,682 $361,300 $75,000 $286,300
2019 $3,462 $361,800 $75,000 $286,800
2018 $2,418 $250,000 $52,500 $197,500
2016 $2,208 $250,000 $52,500 $197,500
2013 -- $0 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM529730

Canopy MLS (Canopy Realtor® Association)

APN: 1649447