NOT LISTED FOR SALE

171 O'Brien Rd Lake Lure, NC 28746

Estimated Value: $458,000 - $583,000

3 Beds
3 Baths
2,180 Sq Ft
$238/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $460,000 $211 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,600/month

43 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Access To Lake
  • RV or Boat Storage in Community
  • Clubhouse

About This Home

As of January 2024

RESORT LIVING AT IT'S BEST in this mountain retreat! This private home is just a short golf cart ride from the wellness center, resort private beach and marina which makes this a great rental property. Nestled on a wooded lot this beautiful home features one level living with the Primary ensuite, a guest bedroom and bath and an open floorplan that creates a great space for gathering and entertaining. The great room is light and bright has a stone wood-burning fireplace and beautiful wooden cathedral ceiling. There is an additional Guest Ensuite on the upper level. Escape to the wrap around deck that would be the perfect spot to enjoy your morning coffee, for bird watching, meditating, or relaxing amidst a canopy of lush trees. Enjoy all the amenities inside the gated area at Rumbling Bald on Lake Lure!

Last Agent to Sell the Property

Cheryl Stott

Coldwell Banker Advantage Brokerage Email: cherylstott@coldwellbanker.com License #160002 Listed on: 11/01/2023

Coldwell Banker Advantage

Last Buyer's Agent

Nick Bell

Berkshire Hathaway HomeServices License #344204

Berkshire Hathaway HomeServices

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,294

Year Built

  • Built in 1985

Lot Details

  • Private Lot
  • Wooded Lot
  • Property is zoned R3, R-3

HOA Fees

  • $349 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Pond
  • Deck
  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Community Well
  • Septic Tank
  • Private Sewer
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 219097

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Indoor Game Court
  • Recreation Facilities
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,294

Year Built

Built in 1985

Lot Details

0

HOA Fees

$349 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1985
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Allowed,Short Term Rental Allowed,Signage,Square Feet
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.01
  • Geocode Confidence: High
  • Attribution Contact: cherylstott@coldwellbanker.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1810
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 370
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 2180
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Storm Door(s)
  • Fireplace Features: Great Room, Wood Burning
  • Living Area: 2180
  • Bedroom Main: 2
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Winter
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community
  • Construction Type: Stone, Wood
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 575
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Private Sewer, Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Fiber Optics
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Pond, Putting Green, Recreation Area, RV/Boat Storage, Sidewalks, Tennis Court(s), Walking Trails
  • Association Fee: 4189
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rumbling Bald on Lake Lure
  • Phone: 828-694-3000
  • ResoAssociationFeeFrequency: Annually
  • Association Email: tkennedy@rumblingbald.com

Association/Amenities

  • Association Annual Expense: 4189.00

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Area: 0.47
  • Lot Size Units: Acres
  • Parcel Number: 219097
  • Zoning: R-3
  • Plat Book Slide: 12/19
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 4, 2024
Sold by
Presler Charles W and Presler Eddie
Bought by
Martin Daniel and Martin Jill Marie
Seller's Agent
Cheryl Stott
Coldwell Banker Advantage
Buyer's Agent
Nick Bell
Berkshire Hathaway HomeServices
List Price
$625,000
Sold Price
$460,000
Premium/Discount to List
-$165,000
-26.4%
Views
189
Current Estimated Value
$523,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,954
Avg. Annual Appreciation
10.24%
Original Mortgage
$345,000
Outstanding Balance
$338,597
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$198,496

Purchase Details

Closed on
May 22, 2007
Sold by
Pastime Properties Llc
Bought by
Presler E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2007
Sold by
Thompson Spencer and Thompson Dianne
Bought by
Presler E L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2000
Bought by
Presler Eddie Lee
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
Martin Daniel $460,000 None Listed On Document
Presler E L $24,500 None Available
Presler E L $16,000 None Avelable
Presler Eddie Lee $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Daniel C $163,400
Open Martin Daniel $345,000
Previous Owner Presler Eddie Lee $753,000
Previous Owner Presler Eddie Lee $258,000
Previous Owner Presler Ed $129,000
Previous Owner Presler Eddie Lee $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $460,000 -16.3% $211 / Sq Ft
11/27/2023 11/27/23 Price Changed $549,500 -6.1% $252 / Sq Ft
11/09/2023 11/09/23 Price Changed $585,000 -6.4% $268 / Sq Ft
11/01/2023 11/01/23 For Sale $625,000 -- $287 / 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 $4,294 $456,600 $100,000 $356,600
2023 $1,730 $521,800 $100,000 $421,800
2022 $1,730 $305,500 $50,000 $255,500
2021 $1,731 $305,500 $50,000 $255,500
2020 $1,561 $305,500 $50,000 $255,500
2019 $1,462 $305,500 $50,000 $255,500
2018 $1,327 $274,500 $30,000 $244,500
2016 $2,424 $274,500 $30,000 $244,500
2013 -- $274,500 $30,000 $244,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4083927

Canopy MLS (Canopy Realtor® Association)

APN: 219097