NOT LISTED FOR SALE

Estimated Value: $1,278,161 - $1,399,000

4 Beds
3 Baths
4,209 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2019

Last sale price $740,000 $176 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,583 / mo

343 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Arts and Crafts Architecture
  • Open Floorplan
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2019

With expansive lake and mountain views from almost every room, this light-filled contemporary craftsman exemplifies the old saying “life is better on the lake!" Melding modern and classic architecture, this residence makes the best of waterfront living with a private beach and upper and lower, full-width decks overlooking the water and out to the mountains beyond. A stacked stone fireplace presides over the great room on the main level while the lower level features a wet bar and media/home theater room. For those that do, working from home is a pleasure in the sunroom/office with its wall of windows and French doors that lead out to the deck. Discover a life as unique as the location of Lake James itself — one of North Carolina’s most pristine mountain lakes. Located less than 50 miles to Asheville and 90 miles to Charlotte, Lake James offers private, waterfront living with close proximity to two thriving North Carolina metropolises.

Last Agent to Sell the Property

Abby Strohofer

Premier Sotheby’s International Realty License #291235 Listed on: 10/29/2018

Premier Sotheby’s International Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Many Trees

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Attic Fan
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52378

Community Details

Overview

  • Southpointe HOA, Phone Number (828) 439-8835
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.76 Acres

HOA Fees

$128 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.96104
  • Ratio Close Price By Original Li: 0.89751
  • Ratio Current Price By Acre: 973684.21
  • Ratio Current Price By Sq Ft: 175.81
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Concrete, Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Central Vacuum, Dishwasher, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Surround Sound, Washer, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-439-8835
  • Interior Amenities: Attic Fan, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 2019
  • Main Level Sq Ft: 2190
  • Total Sq Ft: 4209
  • Sq Ft Unheated Basement: 286
  • Sq Ft Unheated Total: 286

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Basement, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 1530.00
  • Association Fee Frequency: Annually
  • HOA Management Company: SouthPointe HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: Per Tax Records
  • Lot Features: Lake Access, Mountain View, Sloping, Trees, Water view, Waterfront, Winter View, Year Round View
  • Parcel Number: 52378
  • Zoning Specification: AA0

Tax Info

  • Tax Value: 712267.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Nov 1, 2019
Sold by
Strohofer Andrew M and Strohofer Abby
Bought by
Pherigo Rolf and Pherigo Rebecca
Seller's Agent
Abby Strohofer
Premier Sotheby’s International Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$824,500
Sold Price
$740,000
Premium/Discount to List
-$84,500
-10.25%
Current Estimated Value
$1,321,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,720
Avg. Annual Appreciation
9.44%
Original Mortgage
$390,000
Outstanding Balance
$337,846
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$983,874

Purchase Details

Listed on
Jul 2, 2015
Closed on
Sep 30, 2015
Sold by
Cowan Lynn Y
Bought by
Strohofer Andrew M and Strohofer Abby
List Price
$580,000
Sold Price
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$464,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pherigo Rolf $740,000 None Available
Strohofer Andrew M $580,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pherigo Rolf $390,000
Previous Owner Strohofer Andrew M $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2019 11/12/19 Sold $740,000 -3.9% $176 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/01/2019 10/01/19 Price Changed $770,000 -3.1% $183 / Sq Ft
07/15/2019 07/15/19 Price Changed $795,000 -3.6% $189 / Sq Ft
06/20/2019 06/20/19 For Sale $824,500 0.0% $196 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
10/29/2018 10/29/18 For Sale $824,500 +42.2% $196 / Sq Ft
09/30/2015 09/30/15 Sold $580,000 0.0% $258 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
07/02/2015 07/02/15 For Sale $580,000 -- $258 / Sq Ft
Source: Canopy MLS

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 $5,942 $921,257 $263,600 $657,657
2024 $5,984 $921,257 $263,600 $657,657
2023 $5,984 $921,257 $263,600 $657,657
2022 $5,602 $712,267 $251,300 $460,967
2021 $5,596 $712,267 $251,300 $460,967
2020 $5,592 $712,267 $251,300 $460,967
2019 $5,592 $712,267 $251,300 $460,967
2018 $5,097 $648,404 $251,560 $396,844
2017 $4,398 $558,488 $251,560 $306,928
2016 $4,310 $558,488 $251,560 $306,928
2015 $4,307 $558,488 $251,560 $306,928
2014 $4,305 $558,488 $251,560 $306,928
2013 $4,305 $558,488 $251,560 $306,928
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3446013

Canopy MLS

APN: 52378

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