NOT LISTED FOR SALE

177 Southside Dr Lake Lure, NC 28746

Estimated Value: $411,888 - $576,000

2 Beds
1 Bath
836 Sq Ft
$563/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $284,000 $340 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,507/month

33 Days on Market

Highlights

  • River Front
  • Breakfast Bar
  • Level Lot
  • Cottage
  • 1-Story Property
  • Carpet

About This Home

As of January 2020

Perfectly charming! Whether viewing Chimney Rock from the screened front porch or sitting on a rock in the middle of the Rocky Broad River, this cozy 1920's riverfront cottage is a perfect private getaway - it also comes with a solid rental history and excellent reviews! Two bedrooms, a full bath, nice kitchen, cozy living room, and riverfront dining area and family room. Walk to the Village of Chimney Rock for shopping and varied dining, stroll the riverfront boardwalk, take in the sounds of the rushing river! The area offers ziplining, great hiking, horseback riding, visiting Chimney Rock State Park (.2 mile from the entrance). A a short drive to the cute downtown of Hendersonville and about a 30 minute drive to Downtown Asheville, the Biltmore Estate and winery, and the Grove Park Inn. Home is offered fully furnished and move-in or rental ready!

Last Agent to Sell the Property

Julie McKinney

Lifestyle Properties License #196705 Listed on: 10/07/2019

Last Buyer's Agent

Mark Doyle

Caulder Realty & Land Co. License #184678

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • River Front
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Window Treatments
  • Crawl Space
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1603931

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.94983
  • Ratio Close Price By Original Li: 0.94983
  • Ratio Current Price By Acre: 2184615.38
  • Ratio Current Price By Sq Ft: 339.71
  • Year Built: 1922
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Breakfast Bar, Window Treatments
  • Room Count: 1
  • Main Level Sq Ft: 836
  • Total Sq Ft: 836

Exterior Features

  • Construction: Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Riverfront
  • Lot Size Area: 0.130
  • Parcel Number: 1603931
  • Plat Book Slide: 4
  • Plat Reference Section Pages: 24
  • Zoning Specification: LR

Tax Info

  • Tax Value: 189000.00
  • Tax Location: Chimney Rock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jan 2, 2020
Sold by
Jennings James F and Jennings Rondi Lee
Bought by
Ogletree Patricia S and The Speed Staley Living Trust
Seller's Agent
Julie McKinney
Lifestyle Properties
Buyer's Agent
Mark Doyle
Caulder Realty & Land Co.
List Price
$299,000
Sold Price
$284,000
Premium/Discount to List
-$15,000
-5.02%
Current Estimated Value
$470,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,722
Avg. Annual Appreciation
9.09%

Purchase Details

Closed on
Mar 22, 2012
Sold by
Weathers Ruth S and The Ruth S Weathers Revocable
Bought by
Jennings James F and Jennings Rondi Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ogletree Patricia S $284,000 None Available
Jennings James F $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennings James F $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2020 01/06/20 Sold $284,000 -5.0% $340 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $299,000 -- $358 / 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 $455 $31,300 $31,300 $0
2024 $2,442 $359,700 $200,000 $159,700
2023 $1,654 $301,100 $180,000 $121,100
2022 $1,654 $188,700 $144,000 $44,700
2021 $1,654 $188,700 $144,000 $44,700
2020 $1,637 $189,000 $144,000 $45,000
2019 $1,629 $189,000 $144,000 $45,000
2018 $1,166 $131,800 $96,400 $35,400
2016 $1,131 $131,800 $96,400 $35,400
2013 -- $131,800 $96,400 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3557638

Canopy MLS (Canopy Realtor® Association)

APN: 1603931