NOT LISTED FOR SALE

1971 Buffalo Creek Rd Lake Lure, NC 28746

Estimated Value: $663,000 - $802,000

3 Beds
2 Baths
1,667 Sq Ft
$443/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $750,000 $450 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,654/month

1 Day on Market

Highlights

  • Boathouse
  • Boat Lift
  • Waterfront
  • Golf Course Community
  • Fitness Center
  • Clubhouse

About This Home

As of May 2023

The Lakefront home you have been dreaming of! Nestled on a private, wooded 1.32 acre lot, with approx. 250 ft of lake frontage, this 3 bed/2 bath traditional and lovingly maintained lake home is ready for you to make memories. Relax on the upper screen porch/full length deck and enjoy the magnificent views of Bald Mountain Lake and Bald Mountain. Natural light streams into this warm and inviting two level home. There are beautiful lake views from almost every window! The lower level features the primary bedroom with an ensuite. The large rec room and covered patio make indoor/outdoor entertaining easy! There will be hours of enjoyment on the dock where you can launch your favorite watercraft, picnic or just enjoy the sun as you watch the abundant wildlife. In the evening on the lower deck, toast marshmallows at the firepit as you enjoy cool summer evenings! In addition there is a boathouse with an electric lift that makes keeping your watercraft a breeze. Short Term Rentals allowed.

Last Agent to Sell the Property

Virginia Henrie

Howard Hanna Beverly-Hanks License #290711 Listed on: 04/29/2023

Last Buyer's Agent

Molly Demattos

Keller Williams Professionals License #223080

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Level Lot
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $349 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Screened Porch
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Parking

  • Circular Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Boat Lift
  • Boathouse
  • Deck
  • Patio
  • Fire Pit
  • Shed

Schools

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

Utilities

  • Central Air
  • Humidity Control
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1655489

Community Details

Overview

  • Rumbling Bald Poa, Phone Number (828) 694-3014
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,317

Year Built

Built in 1974

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1974
  • Restrictions: Architectural Review,Short Term Rental Allowed,Subdivision
  • Restrictions Description: see C & R for Rumbling Bald
  • Special Assessment Description: none
  • Proposed Special Assessment Desc: none
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 449.91
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 878
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 89
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 89
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 878
  • Has Basement: Daylight, Exterior Entry, Finished, Storage Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 789
  • Door Features: Insulated Door(s)
  • Fireplace Features: Fire Pit
  • Living Area: 1667
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • View: Mountain(s), Water
  • Water Body Name: Bald Mountain Lake
  • Waterfront Features: Boat House, Boat Lift, Dock
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Patio, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Laundry Room
  • Security: Security Service, Security System
  • Cooling: Central Air, Humidity Control
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Indoor Pool, Outdoor Pool, Playground, Tennis Court(s), Walking Trails
  • Association Fee: 4189
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rumbling Bald POA
  • Phone: 828-694-3014
  • ResoAssociationFeeFrequency: Annually
  • Association Email: tkennedy@rumblingbald.com

Association/Amenities

  • Association Annual Expense: 4189.00

Schools

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

Lot Info

  • Lot Features: Level, Sloped, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 1655489
  • Plat Book Slide: 42-200
  • 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
Apr 29, 2023
Closed on
May 31, 2023
Sold by
Merlin Mountain Llc
Bought by
Hillman Bradley Jason
Seller's Agent
Virginia Henrie
Howard Hanna Beverly-Hanks
Buyer's Agent
Molly Demattos
Keller Williams Professionals
List Price
$750,000
Sold Price
$750,000
Views
42
Current Estimated Value
$737,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,122
Avg. Annual Appreciation
-0.67%
Original Mortgage
$712,500
Outstanding Balance
$693,448
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$44,430
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
Hillman Bradley Jason $750,000 None Listed On Document
Hillman Bradley Jason $750,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hillman Bradley Jason $712,500
Closed Hillman Bradley Jason $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $750,000 0.0% $450 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $750,000 -- $450 / 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 $5,317 $650,000 $397,300 $252,700
2024 $5,245 $650,000 $397,300 $252,700
2023 $3,266 $284,200 $100,000 $184,200
2022 $3,266 $289,800 $190,000 $99,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4022781

Canopy MLS (Canopy Realtor® Association)

APN: 1655489