NOT LISTED FOR SALE

150 S Falls Creek Dr Lake Lure, NC 28746

Estimated Value: $742,000 - $878,000

3 Beds
3.5 Baths
3,100 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $790,000 $255 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,575/month

163 Days on Market

Highlights

  • Deck
  • Rustic Architecture
  • Laundry Room
  • Wood Flooring
  • Wrap Around Porch
  • Central Heating and Cooling System

About This Home

As of April 2024

Custom Log home located in the gated community of Sweetbriar Farms at Lake Lure. Fully Decorated and move-in ready • 3 Bedrooms • 2 Bonus/Flex Rooms • 3.5 Bathrooms • Office • Large Great Room • Open Concept • Vaulted Ceilings • 9 x 13 Storage • Wraparound covered porch • Offered Fully Furnished • Fully Finished Basement with Family Room and Wet Bar • Stream • Pond • Waterfall • Enjoy outdoor living on the expansive deck & explore 4 acres of wooded bliss • Sweetbriar Farms has a wonderful community park on Cedar Creek with picnic tables, Gazebo, Bathroom, Basketball hoop, & Playground • Short drive to restaurants, Two Championship Golf Courses, Shopping, Chimney Rock State Park, Buffalo Creek Mountain Hiking & Biking Park, The Tryon International Equestrian Center, Asheville, Hendersonville, The Blue Ridge Parkway and much more. This log home is a nature lover's dream with lots of wildlife and all the amenities you desire • Short-term or long-term rentals are allowed.

Last Agent to Sell the Property

Ken Williams

Pinnacle Sothebys International Realty Brokerage Email: ken@carolinaland.com License #169568 Listed on: 09/26/2023

Pinnacle Sothebys International Realty

Last Buyer's Agent

Brandi King

AVL REAL ESTATE SOURCE LLC License #306097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,088

Year Built

  • Built in 2007

Lot Details

  • 4.01

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Rustic Architecture
  • Cabin
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Sweetbriar Farms Poa, Phone Number (860) 460-1046
  • Sweetbriar Farms Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1636794

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,088

Year Built

Built in 2007

Lot Details

0

HOA Fees

$44 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Rustic
  • Year Built: 2007
  • Restrictions: Architectural Review,Deed,Livestock Restriction,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: N/A
  • Proposed Special Assessment Desc: N/A
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 254.84
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: ken@carolinaland.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Flooring: Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1270
  • 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: 560
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1830
  • Has Basement: Daylight, Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1270
  • Living Area: 3100
  • Bedroom Main: 1
  • Room Count: 15
  • Sq Ft Other: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Waterfront Features: None
  • Exclusions: Propane Tank
  • Waterfront Elevation: 1000
  • Construction Type: Log
  • Patio And Porch Features: Deck, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Utilities: Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 525
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Sweetbriar Farms POA
  • Phone: 860-460-1046
  • ResoAssociationFeeFrequency: Annually
  • Association Email: Caandsue@gmail.com

Association/Amenities

  • Association Annual Expense: 525.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 4.01
  • Lot Size Units: Acres
  • Parcel Number: 1636794
  • Zoning: None
  • Plat Book Slide: 25/84
  • Plat Reference Section Pages: 25/84
  • Development Status: Completed
  • Lot Size: See Plat
  • ResoLotSizeUnits: Acres
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Apr 3, 2024
Sold by
Parent Family Trust and Parent David
Bought by
Haskins Linda Monika and Hall John Mack
Seller's Agent
Ken Williams
Pinnacle Sothebys International Realty
Buyer's Agent
Brandi King
AVL REAL ESTATE SOURCE LLC
List Price
$1,000,000
Sold Price
$790,000
Premium/Discount to List
-$210,000
-21%
Views
529
Current Estimated Value
$784,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,701
Avg. Annual Appreciation
-0.01%
Original Mortgage
$500,000
Outstanding Balance
$492,623
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$297,237

Purchase Details

Closed on
Oct 8, 2004
Bought by
Parent David C and Parent Lynn M
Source: Public Records

Range of Values:

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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
Haskins Linda Monika $790,000 None Listed On Document
Parent David C $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haskins Linda Monika $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $790,000 -7.1% $255 / Sq Ft
01/20/2024 01/20/24 Price Changed $850,000 -10.5% $274 / Sq Ft
12/10/2023 12/10/23 Price Changed $950,000 -5.0% $306 / Sq Ft
09/26/2023 09/26/23 For Sale $1,000,000 -- $323 / 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 $3,088 $553,800 $60,400 $493,400
2023 $2,637 $553,800 $60,400 $493,400
2022 $2,637 $369,300 $55,300 $314,000
2021 $2,613 $369,300 $55,300 $314,000
2020 $2,613 $369,300 $55,300 $314,000
2019 $2,605 $369,300 $55,300 $314,000
2018 $2,459 $342,300 $60,300 $282,000
2016 $2,403 $342,300 $60,300 $282,000
2013 -- $337,800 $60,300 $277,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4071740

Canopy MLS (Canopy Realtor® Association)

APN: 1636794