NOT LISTED FOR SALE

187 Yates Ln Lake Lure, NC 28746

Estimated Value: $527,000 - $608,000

3 Beds
3 Baths
2,105 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $550,000 $261 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,715/month

27 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Fitness Center
  • Pier or Dock
  • Access To Lake
  • Gated Community

About This Home

As of December 2023

Single level living in desirable Rumbling Bald Resort. This 3 bedroom 2 bath (with another full bath in basement) house has unique architecture, vaulted ceilings and split floor plan. Open living space flows into large dining area and updated kitchen with stainless appliances. Upper and lower deck have year round mountain views and of a small lake below. Primary bedroom and bath on the main level also with vaulted ceilings and window nook plus great walk in closet space. Two secondary bedrooms are also on the main level and share a full bath. Very livable mud room space separates the main level laundry and storage from the attached two car garage. The mostly finished full basement has been used as studio space with full climate control mini splits with full bath and could easily be converted to additional living space. Rumbling Bald Resort is packed with amenities such as golf, restaurant, marina and beach on Lake Lure, tennis courts, fitness facilities, mini golf, playground and more.

Last Agent to Sell the Property

Adam Johnson

GreyBeard Realty Brokerage Email: adam@greybeardrealty.com License #229610 Listed on: 08/18/2023

Last Buyer's Agent

James Stoffer

Howard Hanna Beverly-Hanks, Lake Lure License #315422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,390

Year Built

  • Built in 2003

Lot Details

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

HOA Fees

  • $349 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Den with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Washer and Dryer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Workshop
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Access To Lake
  • Pond

Schools

  • Pinnacle Elementary School
  • R-S Middle School
  • R-S Central High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Community Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0652-58-9552

Community Details

Overview

  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Pier or Dock
  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Putting Green

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,390

Year Built

Built in 2003

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2003
  • Restrictions: Architectural Review,Building
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 261.28
  • Geocode Confidence: High
  • Attribution Contact: adam@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1679
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1878
  • Sq Ft Unheated Total: 1878
  • Sq Ft Upper: 426
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Hood, Microwave, Refrigerator, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 2105
  • Has Basement: Basement Shop, Bath/Stubbed, Daylight, Full, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den, Gas Unvented
  • Living Area: 2105
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s), Water, Winter, Year Round
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Ductless
  • Sewer: Septic Installed
  • Laundry Features: Mud Room, Main Level
  • Cooling: Central Air
  • Utilities: Cable Available, Propane, Underground Power Lines, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Gated, Golf, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Playground, Pond, Putting Green, RV/Boat Storage, Sport Court, Tennis Court(s)
  • Association Fee: 4189
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 4189.00

Schools

  • Middle Or Junior School: R-S Middle
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 0652-58-9552
  • Zoning: R-3
  • Plat Book Slide: 13/43
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Pinnacle
  • High School: R-S Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Burrell Julie M and Burrell Daniel L
Bought by
Miller Gregory E and Miller Katherine
Current Estimated Value
$567,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$164,241
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$403,713

Purchase Details

Closed on
Dec 22, 2004
Bought by
Burrell Dan L and Burrell Julie M
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
Miller Gregory E $329,000 None Available
Burrell Dan L $321,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Gregory E $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $550,000 -5.8% $261 / Sq Ft
11/29/2023 11/29/23 Price Changed $584,000 0.0% $277 / Sq Ft
11/29/2023 11/29/23 For Sale $584,000 0.0% $277 / Sq Ft
09/05/2023 09/05/23 Price Changed $584,000 -1.7% $277 / Sq Ft
08/28/2023 08/28/23 Price Changed $594,000 -0.8% $282 / Sq Ft
08/18/2023 08/18/23 For Sale $599,000 -- $285 / 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 $4,390 $535,700 $36,000 $499,700
2024 $4,336 $535,700 $36,000 $499,700
2023 $3,496 $502,000 $36,000 $466,000
2022 $3,496 $309,500 $34,000 $275,500
2021 $3,499 $309,500 $34,000 $275,500
2020 $3,156 $309,500 $34,000 $275,500
2019 $2,962 $309,500 $34,000 $275,500
2018 $2,645 $273,500 $34,000 $239,500
2016 $2,415 $273,500 $34,000 $239,500
2013 -- $273,500 $34,000 $239,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4060168

Canopy MLS (Canopy Realtor® Association)

APN: 1606785