NOT LISTED FOR SALE

197 Obrien Rd Lake Lure, NC 28746

Estimated Value: $550,000 - $611,826

2 Beds
2.5 Baths
2,340 Sq Ft
$249/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $326,000 $139 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,773/month

155 Days on Market

Highlights

  • Golf Course Community
  • Rooftop Deck
  • Community Lake
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of September 2020

Voted one of the top ten lake communities in the country by National Geographic. Here is your chance to own an experience of a lifetime. Rumbling Bald is an inclusive resort that offers endless activities for all the family to enjoy ALL summer long. Want an investment/ vacation home and cover your expenses all at once?The HOA allows for long or short term rentals in this community! Close access to tennis courts,hiking trails,pools, restaurants,sand beach,marina. Want to venture out beyond the resort? Chimney Rock, Chimney Rock Village, Tubing down the Broad River, Cliff Jumping, Zip Lining, Hiking, Mountain Biking, Horse Riding,Water Park, Lake Lure Beach, Natural Swimming Holes, Restaurants, and Bars are only a 15-20 minute drive. Did I mention the back drop to Lake Lure are mountains crested with rock and waterfalls? Simply magical.

Last Agent to Sell the Property

Alexandra Schrank

RE/MAX Executive License #284025 Listed on: 03/05/2020

RE/MAX Executive

Last Buyer's Agent

Lyn Weaver

Premier Sotheby’s International Realty License #191157

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.01

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • Attached Garage
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture
  • Cottage
  • Stone Siding

Interior Spaces

  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Kitchen Island

Additional Features

  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 230127
  • Tax Block SEC 2 LT 4

Community Details

Overview

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

Amenities

  • Rooftop Deck
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts, Cottage
  • Ratio Close Price By List Price: 0.99088
  • Ratio Close Price By Original Li: 0.90808
  • Ratio Current Price By Acre: 322772.28
  • Ratio Current Price By Sq Ft: 139.32
  • Year Built: 1988
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Den
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • H O A Management Phone: 828-694-3011
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 540
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 2340

Exterior Features

  • Construction: Cedar Shake, Stone, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Outdoor Pool, Playground, Rooftop Terrace, Security, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 3579.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Rumbling Bald Resort
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level, Mountain View, Rolling, Sloping, Winter View
  • Lot Size Area: 1.010
  • Parcel Number: 230127
  • Plat Book Slide: 12/19
  • Zoning Specification: R3

Tax Info

  • Tax Value: 295800.00
  • Tax Block: SEC 2 LT 4
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Sep 8, 2020
Sold by
Kaufman Peter and Zara Bilinda
Bought by
Schick Gary S
Seller's Agent
Alexandra Schrank
RE/MAX Executive
Buyer's Agent
Lyn Weaver
Premier Sotheby’s International Realty
List Price
$359,000
Sold Price
$326,000
Premium/Discount to List
-$33,000
-9.19%
Current Estimated Value
$582,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,457
Avg. Annual Appreciation
12.25%

Purchase Details

Listed on
May 6, 2011
Closed on
May 3, 2013
Sold by
Eckert Lillian R
Bought by
Kaufman Peter and Kaufman Bilinda
Seller's Agent
Ed Presler
Lake Lure Resort Realty
Buyer's Agent
David Efird
Lifestyle Properties
List Price
$249,500
Sold Price
$128,000
Premium/Discount to List
-$121,500
-48.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%
Source: Public Records

Range of Values:

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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
Schick Gary S $326,000 None Available
Kaufman Peter $128,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $326,000 -0.9% $139 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $329,000 -3.8% $141 / Sq Ft
07/22/2020 07/22/20 Price Changed $342,000 -2.0% $146 / Sq Ft
06/26/2020 06/26/20 Price Changed $349,000 -0.9% $149 / Sq Ft
05/29/2020 05/29/20 Price Changed $352,000 -1.9% $150 / Sq Ft
03/05/2020 03/05/20 For Sale $359,000 +180.5% $153 / Sq Ft
05/08/2013 05/08/13 Sold $128,000 -48.7% $55 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/06/2011 05/06/11 For Sale $249,500 -- $107 / 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 $4,638 $566,300 $118,800 $447,500
2024 $4,583 $566,300 $118,800 $447,500
2023 $3,342 $566,300 $118,800 $447,500
2022 $3,342 $295,800 $33,300 $262,500
2021 $3,345 $295,800 $33,300 $262,500
2020 $3,016 $295,800 $33,300 $262,500
2019 $2,831 $295,800 $33,300 $262,500
2018 $2,195 $227,000 $30,000 $197,000
2016 $2,004 $227,000 $30,000 $197,000
2013 -- $227,000 $30,000 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3570711

Canopy MLS (Canopy Realtor® Association)

APN: 230127