NOT LISTED FOR SALE

208 Westlake Dr Unit 29 Lake Lure, NC 28746

Estimated Value: $417,000 - $628,000

3 Beds
3 Baths
2,030 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $319,000 $157 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,389/month

38 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Community Cabanas
  • Gated Community
  • Community Lake

About This Home

As of October 2020

Great resort home located behind the security gates, within walking distance to all the amenities. The house has Bald Mountain Lake views, plenty of space with a 2-story great room and a family room with a stone wood burning fireplace. There are three bedrooms located on the main and upper areas and a huge bed/bonus rec. room located in the basement, which is currently set up as a bunkhouse. There is a private balcony located off one of the upper level bedrooms and large deck overlooking the lake in the back of the house. Come enjoy all the amenities resort life has to offer - Private beach, indoor & outdoor pools, tennis courts, two world-class mountain golf courses, fitness center, spa, restaurants & full-service bars, all at your disposal. This home is currently in a vacation rental program with great rental potential. It would also make a wonderful full-time or seasonal home. Furnishings included with some exceptions. Appointment required w/ availability dependent upon occupancy.

Last Agent to Sell the Property

Wes and Cathy Cleary

Team Cleary Real Estate Inc License #295716 Listed on: 07/03/2020

Last Buyer's Agent

Joelle Van Den Berg

Lifestyle Properties License #174394

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 10,019

HOA Fees

  • $298 Monthly HOA Fees

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows
  • Vinyl Flooring

Additional Features

  • Corner Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 227119

Community Details

Overview

  • Jeff Geisler Association, Phone Number (828) 694-3000
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.06689
  • Ratio Current Price By Acre: 1386956.52
  • Ratio Current Price By Sq Ft: 157.14
  • Year Built: 1984
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Block
  • Upper Level Sq Ft: 378
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 828-694-3000
  • Interior Amenities: Built-Ins, Open Floorplan, Skylight(s), Vaulted Ceiling, Walk-In Pantry
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 392
  • Main Level Sq Ft: 1260
  • Total Sq Ft: 2030

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Business Center, Cabana, Club House, Fitness Center, Game Court, Gated Community, Golf Course, Hot Tub, Indoor Pool, Lake, Outdoor Pool, Picnic Area, Playground, Recreation Area, Security, Sidewalk, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 3579.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Jeff Geisler
  • 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: Corner Lot, Mountain View, Paved Frontage, Views, Water view, Winter View
  • Lot Size Area: 0.230
  • Parcel Number: 227119
  • Zoning Specification: R3

Tax Info

  • Tax Value: 201800.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Oct 2, 2020
Sold by
Montgomery James H and Montgomery Diane T
Bought by
Milroth Mark A and Milroth Christine
Seller's Agent
Wes and Cathy Cleary
Team Cleary Real Estate Inc
Buyer's Agent
Joelle Van Den Berg
Lifestyle Properties
List Price
$299,000
Sold Price
$319,000
Premium/Discount to List
$20,000
6.69%
Current Estimated Value
$534,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,262
Avg. Annual Appreciation
12.53%
Original Mortgage
$255,200
Outstanding Balance
$229,537
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$337,895
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
Milroth Mark A $319,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milroth Mark A $255,200
Previous Owner Montgomery James H $130,850
Previous Owner Montgomery James H $135,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $319,000 0.0% $157 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/07/2020 08/07/20 Price Changed $319,000 +6.7% $157 / Sq Ft
07/03/2020 07/03/20 For Sale $299,000 -- $147 / 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
2024 $3,069 $378,700 $125,000 $253,700
2023 $2,318 $378,700 $125,000 $253,700
2022 $2,318 $205,000 $62,500 $142,500
2021 $2,297 $202,900 $62,500 $140,400
2020 $2,071 $202,900 $62,500 $140,400
2019 $1,931 $201,800 $62,500 $139,300
2018 $1,934 $200,000 $70,000 $130,000
2016 $1,766 $200,000 $70,000 $130,000
2013 -- $200,000 $70,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3633427

Canopy MLS (Canopy Realtor® Association)

APN: 227119