NOT LISTED FOR SALE

189 Youngs Mountain Dr Lake Lure, NC 28746

Estimated Value: $390,000 - $426,000

3 Beds
2 Baths
1,824 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $437,750 $240 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,752/month

1 Day on Market

Highlights

  • Concierge
  • Pier or Dock
  • Community Cabanas
  • Water Views
  • Golf Course Community
  • Access To Lake

About This Home

As of July 2024

Multiple offers received. You just found the perfect income-producing turn-key *fully furnished* Lake Lure vacation rental! This 3 bed (functions as 4), 2 bath cottage has the ideal layout for two families or multi-generaltional get-away! Homeowners have lovingly curated a magazine-worthy home filled with local, handmade, vintage & modern decor. Every detail has been taken care of including New Roof, Windows, HVAC, Decks, Hardwoods, Interior/Exterior Paint, Appliances, Landscaping, updated Plumbing & Electrical. Sited in a peaceful wooded setting, immersed in nature. Views of Rumbling Bald Rock & Lake Lure from the expansive deck. Only 1 min from Rumbling Bald Resort amenities, including beachfront swimming/boat access, indoor/outdoor pools, tennis, golf, spas and dining. This area is well known for Biking, Hiking & Rock Climbing. 20 Mins to Chimney Rock. 45 mins to Asheville: day-trip to breweries/galleries! See list of improvements & furnishing exceptions. Showings start 5/28!

Last Agent to Sell the Property

Aviva Pitt

Town and Mountain Realty Brokerage Email: Aviva@townandmountain.com License #282734 Listed on: 05/23/2024

Last Buyer's Agent

Joseph Kirton

NorthGroup Real Estate LLC License #346312

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,337

Year Built

  • Built in 1968

Lot Details

  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Bungalow
  • Cabin
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Window Treatments
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch
  • Terrace
  • Fire Pit

Schools

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

Utilities

  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 225641

Community Details

Overview

  • Rumbling Bald Association, Phone Number (828) 694-3090
  • 10K One Time New Member Fee Association
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Concierge
  • Rooftop Deck
  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

  • Pier or Dock
  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,337

Year Built

Built in 1968

Lot Details

0

HOA Fees

$354 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts, Bungalow, Cabin, Cottage
  • Year Built: 1968
  • Restrictions: Use,Other - See Remarks
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 239.99
  • Geocode Confidence: High
  • Attribution Contact: Aviva@townandmountain.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 912
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 912
  • Has Basement: Exterior Entry, Finished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 912
  • Living Area: 1824
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 10
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Water, Year Round
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Private, Beach - Public, Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch, Terrace

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Baseboard, Ductless, Electric
  • Sewer: Septic Installed
  • Laundry Features: In Unit, Inside, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ductless
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Cabana, Clubhouse, Concierge, Fitness Center, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, Rooftop Terrace, RV/Boat Storage, Sauna, Sidewalks, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 4248
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Rumbling Bald on Lake Lure
  • Senior Community: No
  • Association: 10K One-time new member fee
  • Association Name: Rumbling Bald
  • Phone: 828-694-3090
  • ResoAssociationFeeFrequency: Annually
  • Association Email: https://rumblingbald.com/

Association/Amenities

  • Association Annual Expense: 4248.00

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Sloped, Wooded, Views
  • Lot Size Area: 0.49
  • Lot Size Units: Acres
  • Parcel Number: 225641
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

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
May 23, 2024
Closed on
Jun 27, 2024
Sold by
Hades Ashleigh and Koslow Geoffrey
Bought by
Gravley Brandi Neely and Gravley Nolan Keith
Seller's Agent
Aviva Pitt
Town and Mountain Realty
Buyer's Agent
Joseph Kirton
NorthGroup Real Estate LLC
List Price
$425,000
Sold Price
$437,750
Premium/Discount to List
$12,750
3%
Views
48
Current Estimated Value
$413,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,228
Avg. Annual Appreciation
-3.97%
Original Mortgage
$350,200
Outstanding Balance
$346,017
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$71,639

Purchase Details

Listed on
Jan 6, 2022
Closed on
Jan 28, 2022
Sold by
David Griffin John and David Allison M
Bought by
Hardes Ashleigh and Koslow Geoffrey
Seller's Agent
Ric Francis
Carolina's Commercial Realty & Associates LLC
Buyer's Agent
Aviva Pitt
Town and Mountain Realty
List Price
$246,930
Sold Price
$244,930
Premium/Discount to List
-$2,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.50%

Purchase Details

Closed on
Jul 26, 2007
Sold by
Griffin Edwin Scot and Griffin Elizabeth F
Bought by
Griffin John David and Griffin Allison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gravley Brandi Neely $438,000 None Listed On Document
Hardes Ashleigh $245,000 Goosmann Rose Colvard & Cramer
Griffin John David $58,500 None Avileble
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gravley Brandi Neely $350,200
Previous Owner Koslow Geoffrey A $120,000
Previous Owner Griffin John David $40,000
Previous Owner Griffin John David $155,000
Previous Owner Griffin John David $76,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $437,750 +3.0% $240 / Sq Ft
05/28/2024 05/28/24 For Sale $425,000 +73.5% $233 / Sq Ft
01/28/2022 01/28/22 Sold $244,930 -0.8% $134 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
01/06/2022 01/06/22 For Sale $246,930 -- $135 / 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 $2,337 $282,600 $25,000 $257,600
2024 $1,800 $221,400 $25,000 $196,400
2023 $1,200 $221,400 $25,000 $196,400
2022 $1,200 $105,800 $25,000 $80,800
2021 $1,201 $105,800 $25,000 $80,800
2020 $1,084 $105,800 $25,000 $80,800
2019 $1,013 $105,800 $25,000 $80,800
2018 $856 $88,500 $25,000 $63,500
2016 $781 $88,500 $25,000 $63,500
2013 -- $88,500 $25,000 $63,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4143528

Canopy MLS (Canopy Realtor® Association)

APN: 225641