Seller's Agent in 2021
Julie McKinney
Lifestyle Properties
(828) 289-6794
44 in this area
48 Total Sales
227 Picnic Point Rd Lake Lure, NC 28746
Estimated Value: $1,215,000 - $1,318,902
3
Beds
3.5
Baths
2,270
Sq Ft
$552/Sq Ft
Est. Value
Highlights
- Waterfront
- Arts and Crafts Architecture
- Fireplace
- Community Lake
- Wood Flooring
- Walk-In Closet
About This Home
As of May 2021When a 1966 vintage lake cottage undergoes major renovation and rebuilding (2008), you get an awesome lake house that sits at water's edge! Park your car and board the "train" (aka tram) for a fun ride to the front door. Not your average floorplan, quickly discover the abundant lakefront outdoor living space on two levels. Home features two master suites and a third en-suite bedroom. All living space is at lake level, so relax indoors or out, easy access to the kitchen and "facilities", sunbathe or jump off the deck atop the boathouse (deep water), chill on the screened deck off the main master, dine alfresco on the lower deck . . . One of the most fun homes in Lake Lure! Classic details, wood floors, luxury tiled bathrooms, modernized kitchen, wood floors. Low-maintenance Hardiplank siding and Trex decking leave time for enjoying boating, swimming and relaxing. All mechanicals and plumbing updated, new drainage systems. Too much to mention - schedule a showing and see for yourself!
Last Agent to Sell the Property
Lifestyle Properties License #196705 Listed on: 07/22/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 1966
Lot Details
- 0.36
Home Design
- Arts and Crafts Architecture
- Slab Foundation
- Stone Siding
Interior Spaces
- Fireplace
- Insulated Windows
- Window Treatments
- Breakfast Bar
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
Additional Features
- Waterfront
- Septic Tank
Community Details
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 226033
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 4, 2024
Sold by
Kothari Llc
Bought by
Margaret F Kothari Revocable Trust and Kothari
Current Estimated Value
Purchase Details
Closed on
Sep 14, 2022
Sold by
Daniel And Jody Margulies Trust
Bought by
Daniel And Jody Margulies Trust
Purchase Details
Listed on
Jul 22, 2020
Closed on
May 17, 2021
Sold by
Iaiain Craig Prior Revocable Living Trus
Bought by
Daniel And Jody Margulies Trust
Seller's Agent
Julie McKinney
Lifestyle Properties
Buyer's Agent
Marla Machado
LPT Realty, LLC
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 22, 2020
Closed on
May 10, 2021
Sold by
Prior Iain Craig and Lain Craig Prior
Bought by
Margulies Daniel Reed and Margulies Jody Elizabeth
Seller's Agent
Julie McKinney
Lifestyle Properties
Buyer's Agent
Marla Machado
LPT Realty, LLC
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 11, 2013
Closed on
Nov 13, 2015
Sold by
Humphires Garrett Ryan
Bought by
Prior Prior I and Prior Cynthia A
Seller's Agent
Terry Tincher
Moffitt Properties
Buyer's Agent
Julie McKinney
Lifestyle Properties
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Margaret F Kothari Revocable Trust | -- | None Listed On Document | |
| Margaret F Kothari Revocable Trust | -- | None Listed On Document | |
| Daniel And Jody Margulies Trust | -- | -- | |
| Daniel And Jody Margulies Trust | $965,000 | -- | |
| Margulies Daniel Reed | $965,000 | None Available | |
| Prior Prior I | $740,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Daniel And Jody Margulies Trust | $548,250 | |
| Previous Owner | Margulies Daniel Reed | $548,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $965,000 | -1.0% | $425 / Sq Ft | |
| 03/25/2021 03/25/21 | Pending | -- | -- | -- | |
| 07/22/2020 07/22/20 | For Sale | $975,000 | +31.8% | $430 / Sq Ft | |
| 11/13/2015 11/13/15 | Sold | $740,000 | -7.4% | $382 / Sq Ft | View Prior Sale |
| 09/28/2015 09/28/15 | Pending | -- | -- | -- | |
| 08/11/2013 08/11/13 | For Sale | $799,000 | -- | $412 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $7,191 | $881,100 | $427,500 | $453,600 |
| 2024 | $7,123 | $881,100 | $427,500 | $453,600 |
| 2023 | $6,547 | $881,100 | $427,500 | $453,600 |
| 2022 | $6,547 | $580,200 | $315,900 | $264,300 |
| 2021 | $6,194 | $548,400 | $315,000 | $233,400 |
| 2020 | $5,585 | $548,400 | $315,000 | $233,400 |
| 2019 | $5,248 | $548,400 | $315,000 | $233,400 |
| 2018 | $6,555 | $677,900 | $451,200 | $226,700 |
| 2016 | $5,986 | $677,900 | $451,200 | $226,700 |
| 2013 | -- | $664,200 | $451,200 | $213,000 |
Source: Public Records
Agents Affiliated with this Home
-
Julie McKinney
-
Marla Machado
Buyer's Agent in 2021
Marla Machado
LPT Realty, LLC
(828) 755-7005
42 in this area
75 Total Sales
-
Terry Tincher
Seller's Agent in 2015
Terry Tincher
Moffitt Properties
(828) 674-0766
12 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3642560
APN: 226033
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