NOT LISTED FOR SALE

198 Boulder Ridge Lake Lure, NC 28746

Estimated Value: $680,864 - $901,000

3 Beds
3 Baths
2,588 Sq Ft
$299/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $730,000 $282 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,431/month

2 Days on Market

Highlights

  • Spa
  • Mountain View
  • Private Lot
  • Gated Community
  • Deck
  • Pond

About This Home

As of August 2024

Come home to the mountains with spectacular panoramic views. Don't miss this incredible log cabin located in The Peaks at Lake Lure a gated community with amazing views. This home is perfect for a second home or vacation rental. Fully furnished down to the linens, you can move right in. The main level has a great room with stone fireplace, dining, fully equipped kitchen, primary suite with whirlpool tub and laundry. Second floor has two large bedrooms, storage, full bath and spacious loft area. The basement is an entertainment delight with ping pong, pool, foosball table, full bath and easy access to the hot tub waiting outside. There are two levels of covered decking to enjoy the views. Located just minutes away from Lake Lure's Beach & Marina, restaurants, shopping and Chimney Rock State Park. If you like to golf, hike or Zip Line, this area has it all. Seller has used this home as a second home and vacation rental. Don't miss out on this wonderful cabin in the mountains.

Last Agent to Sell the Property

Beverly Brown

Two Trails LLC Brokerage Email: beverlyb@twotrailsllc.com License #217239 Listed on: 07/20/2024

Last Buyer's Agent

Michele Butler

Bach Real Estate LLC License #350818

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • Front Green Space
  • Private Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R24b

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Cabin
  • Metal Roof
  • Log Siding
  • Radon Mitigation System

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Window Treatments
  • Insulated Doors
  • Great Room with Fireplace
  • Storage
  • Mountain Views
  • Carbon Monoxide Detectors

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Parking

  • Garage
  • 2 Attached Carport Spaces
  • Basement Garage
  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Spa
  • Pond
  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Air Filtration System
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1635177

Community Details

Overview

  • Self Managed Marijo Yates Association, Phone Number (973) 713-7524
  • The Peaks At Lake Lure Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2005
  • Restrictions: Architectural Review,Building,Livestock Restriction,Manufactured Home Not Allowed,Short Term Rental Allowed,Signage,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: See Covenants & Restrictions attached.
  • Special Assessment Description: None
  • Proposed Special Assessment Desc: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 282.07
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: beverlyb@twotrailsllc.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Other, Garden Tub, Split Bedroom, Storage, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 955
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 678
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Filtration System, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1633
  • Has Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 955
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas, Gas Log, Gas Starter, Gas Vented, Great Room, Propane
  • Living Area: 2588
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Hot Tub, Storage, Other - See Remarks
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Waterfront Features: None
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Basement, Attached Carport, Driveway, Other - See Remarks

Utilities

  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Radon Mitigation System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump
  • Utilities: Propane, Satellite Internet Available, Underground Power Lines
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Pond
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Self Managed Marijo Yates
  • Phone: 973-713-7524
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 700.00

Schools

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

Lot Info

  • Lot Features: Cleared, Green Area, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 1635177
  • Plat Book Slide: 24page 71
  • Plat Reference Section Pages: 71
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R24b

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
Jul 20, 2024
Closed on
Aug 10, 2024
Sold by
Kissinger Jane Ellen
Bought by
Reed Ashlie N
Seller's Agent
Beverly Brown
Two Trails LLC
Buyer's Agent
Michele Butler
Bach Real Estate LLC
List Price
$725,000
Sold Price
$730,000
Premium/Discount to List
$5,000
0.69%
Views
37
Current Estimated Value
$773,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,216
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Jan 25, 2021
Sold by
198 Bouldder Ridge Road Llc
Bought by
Kissinger John Charles and Kissinger Jane Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
2.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2014
Sold by
Kissinger John C and Kissinger Jane E
Bought by
198 Boulder Ridge Road Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Lott Jeffrey G and Lott Jana P
Bought by
Kissinger John C and Kissinger Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Ashlie N $730,000 None Listed On Document
Kissinger John Charles -- None Available
198 Boulder Ridge Road Llc $500 None Available
Kissinger John C $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kissinger John Charles $194,000
Previous Owner Kissinger John C $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $730,000 +0.7% $282 / Sq Ft
07/20/2024 07/20/24 For Sale $725,000 -- $280 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,225 $554,800 $130,900 $423,900
2024 $28 $531,800 $130,900 $400,900
2023 $2,062 $531,800 $130,900 $400,900
2022 $2,062 $305,700 $52,400 $253,300
2021 $2,047 $305,700 $52,400 $253,300
2020 $2,047 $305,700 $52,400 $253,300
2019 $2,039 $305,700 $52,400 $253,300
2018 $1,881 $277,900 $52,400 $225,500
2016 $1,854 $277,900 $52,400 $225,500
2013 -- $277,900 $52,400 $225,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4160775

Canopy MLS (Canopy Realtor® Association)

APN: 1635177