NOT LISTED FOR SALE

196 Fern Loop Lake Lure, NC 28746

Estimated Value: $512,000 - $591,000

3 Beds
3 Baths
2,356 Sq Ft
$230/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2018

Last sale price $266,524 $113 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,373 / mo

10 Days on Market

Highlights

  • On Golf Course
  • Gated Community
  • A-Frame Home
  • Fitness Center
  • Open Floorplan
  • Community Lake

About This Home

As of June 2018

GREAT OPPORTUNITY to own a turnkey mountain/lake home inside Rumbling Bald Resort overlooking the 12th green with year round mountain views. This 3/3 home has a large loft which offers a fourth sleeping area. Close to beach, pools, spa and fitness center. This is a must see resort home. Many upgrades and Fully furnished with quality furniture. Perfect for primary home, vacation home or rental property. Annual POA fees apply, plus one-time $5000 membership fee.

Last Agent to Sell the Property

Andrew Smith

Howard Hanna Beverly-Hanks License #286238 Listed on: 05/08/2018

Howard Hanna Beverly-Hanks

Last Buyer's Agent

David Caulder

Caulder Realty & Land Co. License #75204

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • On Golf Course
  • Private Lot
  • Corner Lot
  • Many Trees

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • A-Frame Home
  • Stone Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Storm Doors

Flooring

  • Carpet
  • Laminate

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 222555

Community Details

Overview

  • Rumbling Bald Poa, Phone Number (828) 694-3011
  • Community Lake

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Playground
  • Fitness Center

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

1 Acres

HOA Fees

$200 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: A-Frame
  • Ratio Close Price By List Price: 0.91937
  • Ratio Close Price By Original Li: 0.91937
  • Ratio Current Price By Acre: 266524.00
  • Ratio Current Price By Sq Ft: 113.13
  • Year Built: 1974
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Outside Entrance, Block
  • Upper Level Sq Ft: 330
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dryer, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Great Room, Rec Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan, Pantry, Vaulted Ceiling, Window Treatments
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 960
  • Main Level Sq Ft: 1066
  • Total Sq Ft: 2356
  • Sq Ft Unheated Basement: 106
  • Sq Ft Unheated Total: 106

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available, Satellite Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Recreation Area, Security
  • Association Fee: 2400.00
  • Association Fee Frequency: Annually
  • HOA Management Company: RUMBLING BALD POA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot, Mountain View, On Golf Course, Long Range View, Paved Frontage, Private, Rolling, Sloping, Trees
  • Parcel Number: 222555
  • Zoning Specification: R3

Tax Info

  • Tax Value: 153500.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jun 29, 2018
Sold by
Walters Bruce C and Walters Shirley A
Bought by
Phillips James Russell and Phillips Frances Boyette
Seller's Agent
Andrew Smith
Howard Hanna Beverly-Hanks
Buyer's Agent
David Caulder
Caulder Realty & Land Co.
List Price
$289,900
Sold Price
$266,524
Premium/Discount to List
-$23,376
-8.06%
Current Estimated Value
$541,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,225
Avg. Annual Appreciation
9.52%
Original Mortgage
$213,220
Outstanding Balance
$185,196
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$356,553

Purchase Details

Closed on
Jun 13, 2011
Sold by
T & A Real Estate Ventures Llc
Bought by
Walters Bruce C and Walters Shirley A

Purchase Details

Closed on
Jul 25, 2005
Sold by
Stacy Humphries Robyn and Humphries Scott
Bought by
T & A Real Estates Ventures Llc
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
Phillips James Russell $267,000 None Available
Walters Bruce C $213,500 --
T & A Real Estates Ventures Llc $220,000 None Avilabale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James Russell $213,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $266,524 -8.1% $113 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $289,900 -- $123 / Sq Ft
Source: Canopy MLS

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 $3,369 $409,900 $100,000 $309,900
2024 $33 $409,900 $100,000 $309,900
2023 $2,539 $409,900 $100,000 $309,900
2022 $2,539 $224,600 $50,000 $174,600
2021 $2,541 $224,600 $50,000 $174,600
2020 $2,292 $224,600 $50,000 $174,600
2019 $2,149 $224,600 $50,000 $174,600
2018 $1,484 $153,500 $40,000 $113,500
2016 $1,355 $153,500 $40,000 $113,500
2013 -- $139,500 $40,000 $99,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrew Smith

    Howard Hanna Beverly-Hanks

    Section Image
  • David Caulder

    Buyer's Agent in 2018

    David Caulder

    Caulder Realty & Land Co.

    (828) 429-2444

    156 in this area

    302 Total Sales

    David Caulder
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3389413

Canopy MLS

APN: 222555

North Carolina Rutherford County Lake Lure 28746

196 Fern Loop, Lake Lure, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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