NOT LISTED FOR SALE

164 Quail Cove Rd Lake Lure, NC 28746

Estimated Value: $411,000 - $753,000

2 Beds
2 Baths
1,567 Sq Ft
1,307 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $330,000 $211 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,755/month

212 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Cathedral Ceiling
  • Gated Community
  • Open Floorplan
  • Wood Flooring

About This Home

As of November 2012

Affordable living on Lake Lure. This 2 bedroom, 2 bath condo has spectacular views looking south down Lake Lure. The wood burning FP is the center piece of your living/dining & kitchen area. This open floor plan makes it easy to entertain your family & friends or grill out on your back balcony. The private covered balcony off the master suite is perfect for that morning cup of coffee. This unit has a covered boat slip for your new boat. Why wait?

Last Agent to Sell the Property

Tracy McGlohon

Buffalo Junction Properties License #236011 Listed on: 03/28/2012

Last Buyer's Agent

Joelle Van Den Berg

Lifestyle Properties License #174394

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1987

Lot Details

  • Waterfront

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 1606436

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,200

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: Tri-Level
  • Ratio Close Price By List Price: 0.84833
  • Ratio Close Price By Original Li: 0.84833
  • Ratio Current Price By Acre: 11000000.00
  • Ratio Current Price By Sq Ft: 210.59
  • Year Built: 1987
  • Special Features: Auction

Interior Features

  • Upper Level Sq Ft: 528
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Gas Vented
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Skylight(s), Split BR Plan, Garden Tub
  • Main Level Sq Ft: 1039
  • Total Sq Ft: 1567

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course
  • Association Fee: 2129.00

Schools

  • Middle School: Lake Lure Classical Academy
  • High School: RS Central

Lot Info

  • Lot Features: Waterfront, Year Round View
  • Lot Size Area: 0.030
  • Parcel Number: 1606436
  • Plat Reference Section Pages: 983
  • Zoning Specification: R-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Kinney Scott and Kinney Mary Pat
Bought by
Lake Lure Bungalow Llc
Current Estimated Value
$614,526

Purchase Details

Closed on
Oct 22, 2021
Sold by
Royall David M and Royall Posey M
Bought by
Kinney Scott

Purchase Details

Listed on
Mar 28, 2012
Closed on
Nov 19, 2012
Sold by
Mills Eugene
Bought by
Royall David M and Royall Posey M
Seller's Agent
Tracy McGlohon
Buffalo Junction Properties
Buyer's Agent
Joelle Van Den Berg
Lifestyle Properties
List Price
$389,000
Sold Price
$330,000
Premium/Discount to List
-$59,000
-15.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$262,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Thompson J Lawrence
Bought by
The J Lawrence Thompson Revocable Trust
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
Lake Lure Bungalow Llc $625,000 None Listed On Document
Kinney Scott $475,000 None Available
Royall David M $330,000 None Available
The J Lawrence Thompson Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Royall David M $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2012 11/19/12 Sold $330,000 -15.2% $211 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $389,000 -- $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
2025 $5,200 $635,600 $0 $635,600
2024 $5,129 $635,600 $0 $635,600
2023 $4,678 $635,600 $0 $635,600
2022 $4,678 $415,100 $0 $415,100
2021 $4,682 $415,100 $0 $415,100
2020 $4,222 $415,100 $0 $415,100
2019 $3,973 $415,100 $0 $415,100
2018 $3,302 $341,500 $0 $341,500
2016 $3,015 $341,500 $0 $341,500
2013 -- $341,500 $0 $341,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM515516

Canopy MLS (Canopy Realtor® Association)

APN: 1606436