$825,000
SOLD MAY 20, 2024

188 Fern Loop Lake Lure, NC 28746

3 Beds
3.5 Baths
2,962 Sq Ft
0.84 Acres

Recently Sold

$279 Per Sq Ft

11% Below List Price

413 Days on Market

Highlights

  • Golf Course Community
  • Spa
  • Golf Course View
  • Community Cabanas
  • RV or Boat Storage in Community
  • Open Floorplan

About This Home

As of May 2024

Exquisite Log Sided Cabin, in Gated, Rumbling Bald on Lake Lure. Home Gleams Like New. Nestled in Majestic Views of Bald Mountain, on the 12th Green, with Winter Lake View. Entering from the Porch to the Great Room you will be Wowed with the Soaring Tongue and Groove Ceiling and Hardwood Floors. Warmth and Ambiance Radiate from the Gas Log Fireplace, adorned with Striking Stone Details. Stunning Granite and Hickory Cabinets in Kitchen, with Gas Stove. Plenty of Space with Three Master Suites with Full Baths, Half Bath, Loft and Den. The Home Includes a Ranai Tankless Water Heater, Generator, Relaxing Hot Tub, Storage Shed and 2nd Laundry. This Cabin has Incredible Potential as a Lucrative Rental with aUnique Opportunity of Dual Residences. Live Upstairs while Generating Income from the Lower Level, Walkout Retreat. Two homes in One! Enjoy Public Golf Courses, Lakeside Restaurant, Spa Services, Boating, and more! Furniture Negotiable

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com Inc Brokerage Phone: 855-456-4945 License #304715 Listed on: 02/17/2023

Listwithfreedom.com Inc

Last Buyer's Agent

Mariah Leahy

Premier Sotheby’s International Realty License #274197

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 160.47x70.41x201.91x213.39
  • Wooded Lot
  • Property is zoned R3, R-3

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Permanent Foundation
  • Stone Siding
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Pull Down Stairs to Attic
  • Storm Windows
  • Basement

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Easy To Use Faucet Levers

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Accessible Home Design

  • Bathroom has a 60 inch turning radius
  • Low Bathroom Mirrors
  • Remote Devices
  • Doors swing in
  • Doors with lever handles
  • More Than Two Accessible Exits
  • Ramp on the main level
  • Entry Slope Less Than 1 Foot
  • Raised Toilet

Outdoor Features

  • Spa
  • Pond

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 221080

Community Details

Overview

  • Rumbling Bald On Lake Lure Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Business Center

Recreation

  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,256

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2019
  • Restrictions: Manufactured Home Not Allowed,Short Term Rental Allowed
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 278.53
  • Geocode Confidence: High
  • Attribution Contact: 855-456-4945
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Permanent
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Cathedral Ceiling(s), Hot Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2962
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1176
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1176
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 2962
  • Accessibility Features: Two or More Access Exits, Bath 60 Inch Turning Radius, Bath Lever Faucets, Bath Low Mirrors, Bath Raised Toilet, Lever Door Handles, Swing In Door(s), Entry Slope less than 1 foot, Ramp(s)-Main Level, Remote Devices
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log
  • Living Area: 2962
  • Window Features: Storm Window(s)
  • Bedroom Main: 2
  • Room Count: 5
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Golf Course, Mountain(s)
  • Waterfront Elevation: 1500
  • Construction Type: Log, Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, On Street, Parking Space(s)

Utilities

  • Heating: Electric, Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Main Level
  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Business Center, Cabana, Clubhouse, Dog Park, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, RV/Boat Storage, Sidewalks, Tennis Court(s), Walking Trails, Other
  • Senior Community: No

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.84
  • Lot Size Units: Acres
  • Parcel Number: 221080
  • Zoning: R-3
  • Lot Size: 160.47x70.41x201.91x213.39
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 0

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
Feb 17, 2023
Closed on
May 15, 2024
Sold by
Bengtson David M and Bengtson Lori A
Bought by
Thorbahn David C and Thorbahn Nancy E
Seller's Agent
Ralph Harvey
Listwithfreedom.com Inc
Buyer's Agent
Mariah Leahy
Premier Sotheby’s International Realty
List Price
$929,000
Sold Price
$825,000
Premium/Discount to List
-$104,000
-11.19%
Views
1161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.67%
Original Mortgage
$400,000
Outstanding Balance
$394,697
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$412,289

Purchase Details

Closed on
May 11, 2018
Sold by
Young Brian D and Young Sonia M
Bought by
Bengtson David M and Bengtson Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.44%
Mortgage Type
USDA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 None Listed On Document
Warranty Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $220,000 USDA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $899,000 +9.0% $298 / Sq Ft
05/20/2024 05/20/24 Sold $825,000 -2.8% $279 / Sq Ft
03/03/2024 03/03/24 Price Changed $849,000 -0.1% $287 / Sq Ft
01/05/2024 01/05/24 Price Changed $850,000 -3.3% $287 / Sq Ft
11/14/2023 11/14/23 Price Changed $879,000 -0.3% $297 / Sq Ft
09/25/2023 09/25/23 Price Changed $882,000 -0.8% $298 / Sq Ft
08/23/2023 08/23/23 Price Changed $889,000 -0.7% $300 / Sq Ft
06/26/2023 06/26/23 Price Changed $895,000 -0.4% $302 / Sq Ft
04/24/2023 04/24/23 Price Changed $899,000 -3.2% $304 / Sq Ft
02/17/2023 02/17/23 For Sale $929,000 -- $314 / 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 $5,256 $642,600 $150,000 $492,600
2024 $4,571 $564,800 $100,000 $464,800
2023 $2,947 $468,100 $100,000 $368,100
2022 $2,947 $260,800 $50,000 $210,800
2021 $2,950 $260,800 $50,000 $210,800
2020 $2,660 $260,800 $50,000 $210,800
2019 $96 $10,000 $10,000 $0
2018 $338 $35,000 $35,000 $0
2016 $309 $35,000 $35,000 $0
2013 -- $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4002925

Canopy MLS (Canopy Realtor® Association)

APN: 221080