NOT LISTED FOR SALE

197 Lake Way Dr Bostic, NC 28018

Estimated Value: $463,929 - $532,000

2 Beds
2 Baths
1,733 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: January 6, 2016

Last sale price $210,000 $121 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,731 / mo

130 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • Fenced

About This Home

As of January 2016

MAGNIFICENT SETTING on 6 ACRES! Beautiful property featuring 2 separate fenced pastures, horse stables, creek, 8 ACRE common area lake, state-of-art riding rink & horse riding trails all in a nice equestrian community. Home features sheet rock walls, MBR on main w/bath. Spacious living area, well equipped kit & lg laundry room. Multi use loft. Enjoy lake views from the covered front porch, LR or MBR.

Last Agent to Sell the Property

Connie Hicks

Matheny Real Estate License #200729 Listed on: 06/23/2015

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6

Home Design

  • Log Siding

Additional Features

  • Wood Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Fenced
  • Barn
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1633867

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

6 Acres

Listing Details

  • Property Type: Single Family
  • Ratio Close Price By List Price: 0.91344
  • Ratio Close Price By Original Li: 0.87536
  • Ratio Current Price By Acre: 35000.00
  • Ratio Current Price By Sq Ft: 121.18
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 501
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Ceiling Fan(s), Dishwasher, Exhaust Hood, Refrigerator
  • Flooring: Wood
  • Room Count: 4
  • Main Level Sq Ft: 1232
  • Total Sq Ft: 1733

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Off Frame Modular
  • Exterior Features: Barn(s), Fenced

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Lot Features: Lake Access, Water view
  • Parcel Number: 1633867
  • Plat Reference Section Pages: 939
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jan 6, 2016
Sold by
Lynn Robert and Lynn Jill
Bought by
Hammond Donald Vincent and Hammond Celia Lynn
Seller's Agent
Connie Hicks
Matheny Real Estate
Buyer's Agent
Non Member
Canopy Administration
List Price
$239,900
Sold Price
$210,000
Premium/Discount to List
-$29,900
-12.46%
Current Estimated Value
$478,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,717
Avg. Annual Appreciation
8.64%
Original Mortgage
$168,000
Outstanding Balance
$133,658
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$358,824
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hammond Donald Vincent $210,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Donald Vincent $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2016 01/06/16 Sold $210,000 -12.5% $121 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $239,900 -- $138 / 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 $2,101 $336,900 $47,200 $289,700
2024 $20 $336,900 $47,200 $289,700
2023 $1,564 $336,900 $47,200 $289,700
2022 $1,564 $214,500 $36,800 $177,700
2021 $1,559 $214,500 $36,800 $177,700
2020 $1,559 $214,500 $36,800 $177,700
2019 $1,551 $214,500 $36,800 $177,700
2018 $1,448 $195,800 $36,700 $159,100
2016 $1,426 $195,800 $36,700 $159,100
2013 -- $195,800 $36,700 $159,100
Source: Public Records

Agents Affiliated with this Home

  • Connie Hicks

    Seller's Agent in 2016

    Connie Hicks

    Matheny Real Estate

    (828) 289-6102

    3 in this area

    86 Total Sales

    Connie Hicks
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    NC_CanopyMLS

See All Agents

Map

Source: Canopy MLS

MLS Number: CARNCM587891

Canopy MLS

APN: 1633867

North Carolina Rutherford County Bostic 28018

197 Lake Way Dr, Bostic, 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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