NOT LISTED FOR SALE

161 Pearson Cir Lake Lure, NC 28746

Estimated Value: $231,000 - $398,000

2 Beds
2 Baths
994 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $245,000 $246 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,911/month

76 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Paved or Partially Paved Lot
  • Laundry Room
  • Tile Flooring

About This Home

As of October 2022

Super cute and very well maintained ranch home. Recently renovated with metal roof, electrical (200 amp) and plumbing upgrades, screened gutters, new front porch etc... Bright interior with great natural lighting. Home is being offered fully furnished and is turn key. Conveniently located to everything. Don't miss out on this home!

Last Agent to Sell the Property

Greg Lightcap

Allen Tate/Beverly-Hanks Rumbling Bald Resort on Lake Lure License #296166 Listed on: 08/12/2022

Co-Listed By

Beate Kaufman

Allen Tate/Beverly-Hanks, Lake Lure License #191953

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

  • $1,795

Year Built

  • Built in 1976

Lot Details

  • Paved or Partially Paved Lot
  • Cleared Lot
  • Zoning described as R2

Parking

  • Parking Lot

Home Design

  • 994 Sq Ft Home
  • Ranch Style House
  • Metal Roof
  • Vinyl Siding

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed

Schools

  • Lake Lure Classical Academy Elementary And Middle School
  • Lake Lure Classical Academy High School

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1600183

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,795

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1976
  • Ratio Current Price By Acre: 816666.67
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 246.48
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Block
  • Flooring: Tile, Laminate, Linoleum
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 994
  • 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: 0
  • Porch: Covered
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 994
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Roof: Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Lot

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Community Well

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Paved
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 1600183
  • Zoning Description: R2
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.86041

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 5, 2022
Sold by
Faulk Roy D and Faulk Barbara A
Bought by
Amy Christopoulos Living Trust
Seller's Agent
Greg Lightcap
Allen Tate/Beverly-Hanks Rumbling Bald Resort on Lake Lure
Buyer's Agent
Lyn Weaver
Premier Sotheby’s International Realty
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
3
Current Estimated Value
$321,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,580
Avg. Annual Appreciation
11.32%
Original Mortgage
$183,750
Outstanding Balance
$177,866
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$152,251

Purchase Details

Closed on
Sep 22, 2013
Sold by
Hair Anita R
Bought by
Faulk Roy D and Faulk Barbara A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Amy Christopoulos Living Trust $245,000 --
Faulk Roy D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amy Christopoulos Living Trust $183,750
Previous Owner Faulk Roy $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $245,000 -2.0% $246 / Sq Ft
08/12/2022 08/12/22 For Sale $250,000 -- $252 / 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 $1,795 $220,800 $52,000 $168,800
2023 $10 $220,800 $52,000 $168,800
2022 $993 $87,400 $23,400 $64,000
2021 $994 $87,400 $23,400 $64,000
2020 $897 $87,400 $23,400 $64,000
2019 $836 $87,400 $23,400 $64,000
2018 $763 $78,900 $23,400 $55,500
2016 $697 $78,900 $23,400 $55,500
2013 -- $78,900 $23,400 $55,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3894119

Canopy MLS (Canopy Realtor® Association)

APN: 1600183