NOT LISTED FOR SALE

Estimated Value: $408,000 - $525,000

3 Beds
2 Baths
1,560 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $225,000 $144 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,751/month

529 Days on Market

Highlights

  • Lake Front
  • Deck
  • Partially Wooded Lot
  • Outdoor Pool
  • Ranch Style House
  • Wood Flooring

About This Home

As of March 2015

BEAR LAKE RESERVE - 3/2 CUSTOM DOGWOOD COTTAGE located in one of the most sought after resort communities in all of WNC! Custom decorated with unbelievable attention to detail. Granite countertops, screened in porch with fireplace and a exquisite master suite for those with discriminating taste. TWO fireplaces - one on the screened in patio! Perfect for year round or vacation home with all the amenities the resort has to offer. Why buy just a house when your can purchase a lifestyle? Great rental potential!

Last Agent to Sell the Property

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316222 License #208314 Listed on: 08/09/2013

Last Buyer's Agent

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316222 License #208314 Listed on: 08/09/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,088

Year Built

  • Built in 2004

Lot Details

  • 0.96 Acre Lot
  • Home fronts a stream
  • Lake Front
  • Partially Wooded Lot

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Outdoor Pool
  • Deck
  • Porch

Schools

  • Cullowhee Valley Elementary And Middle School
  • Smoky Mountain High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Bear Lake Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7576886247

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,088

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Road Frontage Type: Community, Developer, Property Owners' Assoc
  • Road Surface Type: Paved
  • Subdivision Name: Bear Lake Reserve
  • Directions: From Sylva, follow HWY 107 S. approximately 17 miles across bridge to Shook Cove Road. Take a left and follow 4 miles to entrance of Bear Lake Reserve and continue to Greeter's Cottage. From Greeter's cottage, proceed through gate and take the first left on Woodland Court. Make next left onto Rolling Meadows Lane.
  • Architectural Style: Other-See Remarks, Ranch/Single
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2004
  • Kitchen Level: First
  • Attribution Contact: 8286316222
  • Special Features: None

Interior Features

  • Appliances: Gas/Propane Water Heater, Dishwasher, Washer, Exhaust Fan, Other-See Remarks, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Doors-Screens
  • Fireplace Features: Other, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Other-See Remarks
  • Interior Amenities: Ceramic Tile Bath, Great Room, Large Master Bedroom, Other, Walk-In Closet(s), Breakfast Bar, Living/Dining Room, Pantry, Ceiling Fan(s)
  • Window Features: Windows-Insulated/Storm, Screens, Window Treatments
  • Room Bedroom2 Level: First
  • Living Room Living Room Level: First
  • Room Family Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First
  • Dining Room Dining Room Level: First

Exterior Features

  • Lot Features: Other-See Remarks, Street Lights
  • Pool Features: Outdoor Pool
  • View: No
  • Waterfront Features: Lake, Stream/Creek
  • Home Warranty: No
  • Construction Type: Board & Batten Siding, Other, Wood Siding
  • Exterior Features: Other
  • Patio And Porch Features: Porch, Deck
  • Roof: Other, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Laundry Features: First Level
  • Cooling: Central Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Storm Sewer, Septic Tank, Other
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Cullowhee Valley
  • High School: Smoky Mountain
  • Middle Or Junior School: Cullowhee Valley

Lot Info

  • Lot Size Sq Ft: 41817.6
  • Parcel #: 7576886247
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 1724/317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2013
Closed on
Mar 24, 2015
Sold by
Smoky Mountain Vacation Rentals Llc
Bought by
Mag Bear Lake Llc
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Bernard Gilchrist
Sundog Realty
List Price
$225,000
Sold Price
$225,000
Total Days on Market
529
Current Estimated Value
$473,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,858
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Mar 4, 2011
Closed on
Aug 13, 2012
Sold by
Stenberg Ursula
Bought by
Smoky Mountain Vacation Rentals Llc
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Bernard Gilchrist
Sundog Realty
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Listed on
Mar 4, 2011
Closed on
Jul 30, 2012
Sold by
Stenberg Andrew
Bought by
Smoky Mountain Vacation Rentals Llc
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Bernard Gilchrist
Sundog Realty
List Price
$175,000
Sold Price
$175,000

Purchase Details

Closed on
Jun 7, 2006
Sold by
Stenberg Andrew W and Stenberg Ursula
Bought by
Barr John William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Mag Bear Lake Llc $225,000 None Available
Smoky Mountain Vacation Rentals Llc -- None Available
Smoky Mountain Vacation Rentals Llc -- None Available
Stenberg Andrew $175,000 None Available
Barr John William $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barr John William $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2015 03/24/15 Sold $225,000 0.0% $144 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
08/09/2013 08/09/13 For Sale $225,000 +28.6% $144 / Sq Ft
07/30/2012 07/30/12 Sold $175,000 0.0% $112 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
03/04/2011 03/04/11 For Sale $175,000 -- $112 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $1,088 $286,310 $75,000 $211,310
2023 $1,213 $286,310 $75,000 $211,310
2022 $1,213 $286,310 $75,000 $211,310
2021 $1,128 $286,310 $75,000 $211,310
2020 $1,067 $258,680 $75,000 $183,680
2019 $1,067 $258,680 $75,000 $183,680
2018 $1,067 $258,680 $75,000 $183,680
2017 $1,041 $258,680 $75,000 $183,680
2015 $1,722 $258,680 $75,000 $183,680
2011 -- $584,930 $280,000 $304,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 25948476

APN: 7576-88-6247