NOT LISTED FOR SALE

1859 Buffalo Creek Rd Lake Lure, NC 28746

Estimated Value: $1,586,152 - $1,645,000

3 Beds
4 Baths
3,750 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $950,000 $253 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $9,952/month

98 Days on Market

About This Home

As of December 2017

Gorgeous Arts& Crafts home in a fantastic 1.04 acre waterfront setting on Bald Mtn. Lake. This property has a great vacation rental history. Features include 2 masters, 2 pass-thru fireplaces, gourmet kitchen, hardwood floors, upper & lower decks, dock & fire pit. Lower level is kid & family friendly w/2nd kitchen, 2 bedrooms plus 2 Murphy Beds to host a large crowd. Loads of outdoor living spaces incl. covered porches, decks and patios. Enjoy all the amenities of the Rumbling Bald Resort.

Last Agent to Sell the Property

Carol Choun

Coldwell Banker Advantage Listed on: 08/11/2017

Coldwell Banker Advantage

Last Buyer's Agent

Todd Morse

Lifestyle Properties License #277711

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,941

Year Built

2009

Lot Details

0

HOA Fees

$173 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95477
  • Ratio Close Price By Original Li: 0.95477
  • Ratio Current Price By Acre: 913461.54
  • Ratio Current Price By Sq Ft: 253.33
  • Year Built: 2009
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Oven, Exhaust Hood, Refrigerator
  • Fireplace Description: Gas Logs, Great Room, Porch, See Thru
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Breakfast Bar, Built-Ins, Cathedral Ceiling(s), Garden Tub, Handicap Access, Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1500
  • Main Level Sq Ft: 2250
  • Total Sq Ft: 3750
  • Sq Ft Unheated Lower: 170
  • Sq Ft Unheated Total: 170

Exterior Features

  • Construction: Hardboard Siding, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Golf Cart Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Lake, Outdoor Pool, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 2079.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Rumbling Bald
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Lure Classical Academy
  • Middle School: Lake Lure Classical Academy
  • High School: RS Central

Lot Info

  • Lot Features: Mountain View, Waterfront, Water view, Lake Access, Private, Year Round View
  • Lot Size Area: 1.040
  • Parcel Number: 1639353
  • Plat Reference Section Pages: 184
  • Zoning: Residential
  • Zoning Specification: R3

Tax Info

  • Tax Value: 766100.00
  • Tax Amount Ncm: 6730.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2014
Closed on
Feb 13, 2015
Sold by
Joyce Dinah F
Bought by
Chen Tina and Miller Robbins Jack
Seller's Agent
Carol Choun
Coldwell Banker Advantage
Buyer's Agent
Carol Choun
Coldwell Banker Advantage
List Price
$949,000
Sold Price
$835,000
Premium/Discount to List
-$114,000
-12.01%
Current Estimated Value
$1,620,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,717
Avg. Annual Appreciation
6.58%
Original Mortgage
$835,000
Outstanding Balance
$649,944
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$977,090
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
Chen Tina $835,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tina $835,000
Previous Owner Joyce Dinah F $417,000
Previous Owner Joyce Dinahf F $75,000
Previous Owner Joyce Dinah F $662,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $950,000 -4.5% $253 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $995,000 +19.2% $265 / Sq Ft
02/18/2015 02/18/15 Sold $835,000 -12.0% $223 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $949,000 -- $253 / 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 $9,941 $1,230,300 $375,000 $855,300
2023 $8,547 $1,230,300 $375,000 $855,300
2022 $8,547 $757,700 $237,500 $520,200
2021 $8,555 $757,700 $237,500 $520,200
2020 $7,714 $757,700 $237,500 $520,200
2019 $7,183 $750,600 $237,500 $513,100
2018 $6,644 $687,100 $237,500 $449,600
2016 $6,765 $766,100 $237,500 $528,600
2013 -- $766,100 $237,500 $528,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3306554

Canopy MLS (Canopy Realtor® Association)

APN: 1639353