NOT LISTED FOR SALE

165 Dogwood Dr Lake Lure, NC 28746

Estimated Value: $1,361,000 - $1,546,000

5 Beds
5 Baths
3,650 Sq Ft
$406/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,500,000 $411 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,333/month

39 Days on Market

Highlights

  • Golf Course Community
  • Access To Lake
  • Sauna
  • Community Cabanas
  • Fitness Center
  • RV or Boat Storage in Community

About This Home

As of July 2024

Fall in love with this incredible, fully furnished, LAKEFRONT HOME inside the gate of Rumbling Bald! Create those special memories with your own private swim area, boat dock, quiet cove, custom stonework gathering areas, 3 fire pits, movie wall and special touches scattered throughout. This lake life, dream home also features,5 en-suite bedrooms, large open kitchen, formal dining area, living room with fireplace and multiple lakefront balconies making it that much sweeter for when it is time to bring it all inside. The mid-point from lake to home, temp controlled flex-space features a full bath and is the place for kids of all ages to play games, read a book, watch the rain or store your lake toys. Level parking to main and all just a short golf cart/paddleboard/kayak or boat ride from all the amenities! With over $70K in upcoming rentals booked and more to come makes this a solid, turnkey, business opportunity. Don't miss out on this lakefront gem! On LL Map #30 Laurel Landing Cove!

Last Agent to Sell the Property

Ashley Jackson

NorthGroup Real Estate LLC Brokerage Email: ajackson@rumblingbald.com License #349914 Listed on: 04/26/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Ashley Jackson

NorthGroup Real Estate LLC Brokerage Email: ajackson@rumblingbald.com License #349914 Listed on: 04/26/2024

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,936

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Property is zoned R3

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Sauna
  • Water Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Spa
  • Access To Lake
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Pinnacle Elementary School
  • R-S Middle School
  • R-S Central High School

Utilities

  • Heat Pump System
  • Underground Utilities
  • Community Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1616560

Community Details

Overview

  • Rumbling Bald Poa, Phone Number (828) 694-3000
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Business Center

Recreation

  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Dog Park
  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,936

Year Built

Built in 2003

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2003
  • Restrictions: Short Term Rental Allowed,Subdivision
  • Restrictions Description: Rumbling Bald on Lake Lure CCRs
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 410.96
  • Geocode Confidence: High
  • Attribution Contact: ajackson@rumblingbald.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Sauna, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1368
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1083
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Exhaust Hood, Gas Cooktop, Microwave, Refrigerator, Wall Oven, Washer, Washer/Dryer, Wine Refrigerator
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2451
  • Has Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1199
  • Fireplace Features: Gas
  • Living Area: 3650
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 329
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Sauna
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site, Paddlesport Launch Site - Community, Dock, Other - See Remarks
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Other Structures: None
  • Patio And Porch Features: Balcony, Covered, Deck

Garage/Parking

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

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Main Level
  • Cooling: Heat Pump
  • Utilities: Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Business Center, Cabana, Clubhouse, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, RV/Boat Storage, Sauna, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 4248
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rumbling Bald POA
  • Phone: 828-694-3000
  • ResoAssociationFeeFrequency: Annually
  • Association Email: tkennedy@rumblingbald.com

Association/Amenities

  • Association Annual Expense: 4248.00

Schools

  • Middle Or Junior School: R-S Middle
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 1616560
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pinnacle
  • High School: R-S Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Gingerich and Edna
Bought by
Schoening Klaus D
Current Estimated Value
$1,480,842

Purchase Details

Closed on
Oct 17, 2006
Sold by
The Real Estate Parking Company
Bought by
Gingerrich Aaron and Gingerrich Edna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2006
Sold by
Beauchamp Joseph R and Beauchamp Dora C
Bought by
The Real Estate Parking Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.51%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Schoening Klaus D $1,300,000 Staton Law Pa
Gingerrich Aaron -- None Avilabale
The Real Estate Parking Co $1,268,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gingerrich Aaron $600,000
Previous Owner The Real Estate Parking Co $250,000
Closed Schoening Klaus D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,500,000 -10.2% $411 / Sq Ft
04/26/2024 04/26/24 For Sale $1,670,000 +28.5% $458 / Sq Ft
06/21/2022 06/21/22 Sold $1,300,000 -6.8% $406 / Sq Ft
12/01/2021 12/01/21 For Sale $1,395,000 -- $436 / 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 $10,936 $1,353,600 $517,500 $836,100
2023 $9,293 $1,353,600 $517,500 $836,100
2022 $9,293 $823,900 $402,500 $421,400
2021 $9,302 $823,900 $402,500 $421,400
2020 $8,387 $823,900 $402,500 $421,400
2019 $7,885 $823,900 $402,500 $421,400
2018 $9,450 $977,300 $575,000 $402,300
2016 $8,630 $977,300 $575,000 $402,300
2013 -- $984,800 $600,000 $384,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4132547

Canopy MLS (Canopy Realtor® Association)

APN: 1616560