NOT LISTED FOR SALE

166 Lake Ridge Rd Unit 4 Lake Lure, NC 28746

Estimated Value: $1,035,000 - $1,308,000

3 Beds
2.5 Baths
2,676 Sq Ft
$443/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $800,000 $299 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,942/month

1,296 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Skylights
  • Community Lake
  • Wood Flooring
  • Fireplace

About This Home

As of April 2021

A lovely waterfront home offering privacy, great outdoor spaces and beautiful lake views! This comfortable 3 bedroom, 2.5 bath home features a Master Suite and a guest bedroom on the main level. An open and light filled kitchen and living area provide lots of glass to enjoy the outdoor views as well as access to the main level deck. The lower level has a Guest suite with a full bath, a sitting area with wet bar, fireplace, and a new game room. Newly installed hardwood floors on both levels!

Last Agent to Sell the Property

Thomas McKay

Pinnacle Sothebys International Realty Listed on: 07/13/2017

Pinnacle Sothebys International Realty

Last Buyer's Agent

Thomas McKay

Pinnacle Sothebys International Realty Listed on: 07/13/2017

Pinnacle Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • Waterfront
  • Many Trees

Home Design

  • Traditional Architecture

Interior Spaces

  • Wet Bar
  • Skylights
  • Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 225072
  • Tax Block 155

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.90961
  • Ratio Close Price By Original Li: 0.93132
  • Ratio Current Price By Acre: 5333333.33
  • Ratio Current Price By Sq Ft: 298.95
  • Year Built: 1992
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Skylight(s), Wet Bar
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1338
  • Main Level Sq Ft: 1338
  • Total Sq Ft: 2676

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Features: Lake Access, Long Range View, Mountain View, Steep, Trees, Water view, Waterfront
  • Lot Size Area: 0.150
  • Parcel Number: 225072
  • Plat Book Slide: 6
  • Plat Reference Section Pages: 680
  • Zoning: Residential
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 605400.00
  • Tax Amount Ncm: 5345.68
  • Tax Block: 155
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2017
Closed on
Mar 22, 2021
Sold by
Tomlo Thomas F and Tomlo Brenda M
Bought by
Schuyler Walter Buckley Johnson and Schuyler Sandra Lee
Seller's Agent
Thomas McKay
Pinnacle Sothebys International Realty
Buyer's Agent
Thomas McKay
Pinnacle Sothebys International Realty
List Price
$879,500
Sold Price
$800,000
Premium/Discount to List
-$79,500
-9.04%
Current Estimated Value
$1,186,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,096
Avg. Annual Appreciation
9.19%
Original Mortgage
$548,250
Outstanding Balance
$493,929
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$692,167
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
Schuyler Walter Buckley Johnson $800,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuyler Walter Buckley Johnson $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2021 04/19/21 Sold $800,000 -9.0% $299 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
04/04/2020 04/04/20 For Sale $879,500 +9.9% $329 / Sq Ft
03/31/2020 03/31/20 Off Market $800,000 -- --
02/03/2020 02/03/20 For Sale $879,500 +9.9% $329 / Sq Ft
01/31/2020 01/31/20 Off Market $800,000 -- --
07/29/2019 07/29/19 For Sale $879,500 +9.9% $329 / Sq Ft
04/17/2019 04/17/19 Off Market $800,000 -- --
07/13/2017 07/13/17 For Sale $859,000 -- $321 / 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 $7,544 $924,700 $450,000 $474,700
2024 $7,475 $924,700 $450,000 $474,700
2023 $7,805 $924,700 $450,000 $474,700
2022 $7,805 $691,800 $350,000 $341,800
2021 $7,812 $691,800 $350,000 $341,800
2020 $7,044 $691,800 $350,000 $341,800
2019 $6,621 $691,800 $350,000 $341,800
2018 $5,854 $605,400 $350,000 $255,400
2016 $5,346 $605,400 $350,000 $255,400
2013 -- $605,400 $350,000 $255,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3295868

Canopy MLS (Canopy Realtor® Association)

APN: 225072