NOT LISTED FOR SALE

171 Lake Blvd Lake Lure, NC 28746

Estimated Value: $862,000 - $1,050,780

3 Beds
5 Baths
3,031 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $625,000 $206 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,916/month

1 Day on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Cathedral Ceiling
  • Community Lake
  • Outdoor Fireplace
  • Wood Flooring

About This Home

As of August 2020

Amazing lakeside home with all the elements needed for lake life and a proven rental potential. It is tucked in a quiet cove with lake frontage, has an appealing boathouse, and convenient dock. The exterior of this home has a stone foundation, composite decking, outdoor fire place, copper gutter and pickets. The main level features a spacious en-suite with walk-in closet and boasts a galley-style kitchen with granite countertops which opens to a spacious great room with fireplace. This level has two additional bedrooms. Walk out to the outdoor decking to take in the mountain air and spectacular views. Upstair loft is spacious w/full bathroom overlooking the great room, with a bonus room. Basement is partially finished with two bathrooms, recreational room, bonus room. Floor plan perfect for entertaining and is offered fully furnished. Minutes from lake dining by boat or car. Convenient to shopping, hiking and all that mountain lake life has to offer in beautiful Lake Lure.

Last Agent to Sell the Property

Marcos Aleman

Fathom Realty NC LLC License #315439 Listed on: 06/18/2020

Fathom Realty NC LLC

Last Buyer's Agent

David Caulder

Caulder Realty & Land Co. License #75204

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.65

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 5 Full Bathrooms
  • Cathedral Ceiling
  • Fireplace
  • Wood Flooring

Additional Features

  • Outdoor Fireplace
  • Waterfront
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 0642-65-1714

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 961538.46
  • Ratio Current Price By Sq Ft: 206.20
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 629
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s)
  • Equipment: Ceiling Fan(s), Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Exhaust Hood, Microwave
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 1002
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 3031
  • Sq Ft Unheated Basement: 403
  • Sq Ft Unheated Total: 403

Exterior Features

  • Construction: Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 1 Car, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: City Water
  • 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, Lake Access, Mountain View, Water view, Waterfront
  • Lot Size Area: 0.650
  • Parcel Number: 0642-65-1714
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 404000.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 17, 2020
Sold by
Burgess John B
Bought by
Premuroso Raymond P and Mcneill Laura
Seller's Agent
Marcos Aleman
Fathom Realty NC LLC
Buyer's Agent
David Caulder
Caulder Realty & Land Co.
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$992,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,445
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Jul 1, 2011
Sold by
Suntrust Bank
Bought by
Burgess John B and Burgess Caroline N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Kendrick Frank N and Kendrick Lisa L
Bought by
Sun Trust Bank
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
Premuroso Raymond P $625,000 None Available
Burgess John B $410,000 --
Sun Trust Bank $467,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Premuroso Raymond P $0
Previous Owner Burgess John B $330,000
Previous Owner Burgess John B $328,000
Previous Owner Kendrick Frank N $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $625,000 0.0% $206 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $625,000 -- $206 / 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 $6,112 $755,800 $112,500 $643,300
2023 $65 $980,800 $337,500 $643,300
2022 $6,486 $574,800 $245,000 $329,800
2021 $6,479 $573,700 $245,000 $328,700
2020 $4,117 $404,000 $87,500 $316,500
2019 $3,866 $404,000 $87,500 $316,500
2018 $3,917 $405,100 $125,000 $280,100
2016 $3,577 $405,100 $125,000 $280,100
2013 -- $405,100 $125,000 $280,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3624208

Canopy MLS (Canopy Realtor® Association)

APN: 221519