NOT LISTED FOR SALE

200 Picnic Point Rd Lake Lure, NC 28746

Estimated Value: $637,000 - $787,000

2 Beds
0.5 Bath
-- Sq Ft
0.86 Acres

Last Sold August 24, 2022

Last sale price $650,000

Est. 10% increase in value since last sale

Current estimated payment $4,176/month

89 Days on Market

Highlights

  • Boathouse
  • Fireplace in Kitchen
  • Wood Flooring
  • Waterfront
  • Wooded Lot
  • Screened Porch

About This Home

As of August 2022

Vintage lake cottage on nearly an acre, with a one-bay boat house. Many memories have been made by one family since 1946! The beautifully wooded lakefront lot fronts on a quiet cove facing east. Main entrance is at street level. Location is a short drive from Ingles/Hwy 9 with no curvy roads. Cottage is ready for a visionary to transform it into a dream home. Or start from scratch and build closer to the water. When built as a summer getaway decades ago there was no need for heat, but there are two wood burning fireplaces (condition unknown) and a whole-house fan was/is enough to keep everyone cool in hot weather. The kitchen/dining area has a feel of nostalgia. A sunroom off the living room lets in more light and provides a nice view of the lake, especially in winter.

Last Agent to Sell the Property

Julie McKinney

Lifestyle Properties License #196705 Listed on: 05/27/2022

Last Buyer's Agent

Travis Price

Mosaic Community Lifestyle Realty License #289776

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,596

Year Built

  • Built in 1940

Lot Details

  • Waterfront
  • Sloped Lot
  • Wooded Lot

Home Design

  • Cottage
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Fireplace in Kitchen

Flooring

  • Wood
  • Linoleum
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 0.5 Bathroom

Schools

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

Additional Features

  • Boathouse
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 225523

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,596

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1940
  • Ratio Current Price By Acre: 755813.95
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Check with Town of Lake Lure for desired changes
  • Road Surface Type: Dirt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Block, Brick/Mortar, Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Concrete, Linoleum, Wood
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 0
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 468
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 676
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1144
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Screened
  • Appliances: Other
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Kitchen, Living Room
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 0
  • Total Bedrooms: 1
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Tax Location: Lake Lure
  • Construction Type: Site Built
  • Water Body Name: Lake Lure
  • Waterfront Features: Boat House
  • Waterfront Elevation: 1000
  • Construction Type: Brick Partial, Vinyl Siding, Other

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Parking Space - 3, Other

Utilities

  • Heating: None, None
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: None
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Complex Name: None

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Sloped, Water View, Waterfront, Winter View, Wooded
  • Lot Size Area: 0.86
  • Lot Size Units: Acres
  • Parcel Number: 225523
  • Plat Book Slide: Unknown
  • Zoning Description: R-1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.30742

Multi Family

  • Unit Count: 0

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
May 27, 2022
Closed on
Aug 23, 2022
Sold by
Graham Gregory L
Bought by
Laurent Katherine Gallon and Laurent Olex Benoit
Seller's Agent
Julie McKinney
Lifestyle Properties
Buyer's Agent
Travis Price
Mosaic Community Lifestyle Realty
List Price
$650,000
Sold Price
$650,000
Views
14
Current Estimated Value
$715,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,488
Avg. Annual Appreciation
3.13%
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
Laurent Katherine Gallon $650,000 Hurwitz Joseph R
Laurent Katherine Gallon $650,000 Hurwitz Joseph R
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $650,000 0.0% --
05/27/2022 05/27/22 For Sale $650,000 -- --
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 $4,596 $561,200 $450,000 $111,200
2024 $4,542 $561,200 $450,000 $111,200
2023 $3,183 $561,200 $450,000 $111,200
2022 $3,183 $281,700 $252,000 $29,700
2021 $3,186 $281,700 $252,000 $29,700
2020 $2,893 $281,700 $252,000 $29,700
2019 $2,696 $281,700 $252,000 $29,700
2018 $3,751 $387,900 $361,200 $26,700
2016 $3,425 $387,900 $361,200 $26,700
2013 -- $387,900 $361,200 $26,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866203

Canopy MLS (Canopy Realtor® Association)

APN: 225523