NOT LISTED FOR SALE

2278 Lake Forest Cove Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $1,848,000 - $2,243,000

3 Beds
3.5 Baths
4,061 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,550,000 $382 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,681/month

7 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Cathedral Ceiling
  • Open Floorplan
  • Contemporary Architecture
  • Terrace

About This Home

As of September 2021

Stunning custom craftsman style waterfront home in Mallard Pointe. This property offers some of the best mountain & water views on Lake James. The great room provides two stories of windows providing awe-inspiring views, two story stone wood burning fireplace, wood floors, coffer ceiling, huge gourmet kitchen with granite counter tops, stainless appliances, and slate floors, deck with screened porch, oversized laundry/mud room. Attached two car heated garage with plenty of storage. Upper level has private master suite with sitting area looking out over the lake. Master bath, was dual vanities, soaking tub and walk in shower. Through closet is a large bonus room. Home has elevator and whole house generator. Lower level features family room with second stone fireplace, two bedrooms with private baths & heated tile floors, and Kitchenette. Walk out to patio that looks out at beautiful landscaping and cascading waterfall. Home has a deeded boat slip #8 in the quiet cove across the street.

Last Agent to Sell the Property

Denice Rechtiene

Lake Homes Realty LLC License #257118 Listed on: 07/25/2021

Lake Homes Realty LLC

Last Buyer's Agent

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Many Trees

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Stone Siding

Interior Spaces

  • Elevator
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments

Kitchen

  • Oven
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Terrace

Utilities

  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 1743688411

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.97179
  • Ratio Close Price By Original Li: 0.97179
  • Ratio Current Price By Acre: 1490384.62
  • Ratio Current Price By Sq Ft: 381.68
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Upper Level Sq Ft: 1071
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Double Oven, Downdraft Cooktop, Dryer, Generator, Microwave, Oven, Propane, Refrigerator, Security System, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Great Room, Wood Burning
  • Fireplace: Yes
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Elevator, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Lower Level Sq Ft: 1155
  • Main Level Sq Ft: 1835
  • Total Sq Ft: 4061
  • Sq Ft Unheated Lower: 84
  • Sq Ft Unheated Main: 89
  • Sq Ft Unheated Total: 173

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built
  • Exterior Features: Terrace, Underground Power Lines, Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 835.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Dimension: 126x328x233x419
  • Lot Features: Artificial Waterfall, Lake, Long Range View, Mountain View, Trees, Views, Water view, Waterfront, Year Round View
  • Lot Size Area: 1.040
  • Parcel Number: 1743688411
  • Plat Book Slide: 11/218-222
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 1022536.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Sep 1, 2021
Sold by
Mcmillan John A and Mcmillan Charlotte A
Bought by
Dill G Redmond G and Dill Sheila D
Seller's Agent
Denice Rechtiene
Lake Homes Realty LLC
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%
Current Estimated Value
$1,956,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,156
Avg. Annual Appreciation
8.89%
Original Mortgage
$1,236,000
Outstanding Balance
$1,137,907
Interest Rate
2.87%
Estimated Equity
$1,026,716
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
Dill G Redmond G $1,545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dill G Redmond G $1,236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $1,550,000 -2.8% $382 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/25/2021 07/25/21 For Sale $1,595,000 -- $393 / 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 $10,798 $1,635,180 $652,240 $982,940
2023 $10,798 $1,635,180 $652,240 $982,940
2022 $8,313 $1,022,536 $277,700 $744,836
2021 $8,401 $1,022,536 $277,700 $744,836
2020 $8,407 $1,022,536 $277,700 $744,836
2019 $8,419 $1,022,536 $277,700 $744,836
2018 $7,463 $913,791 $255,400 $658,391
2017 $7,475 $913,791 $255,400 $658,391
2016 $7,346 $913,791 $255,400 $658,391
2015 $7,217 $913,791 $255,400 $658,391
2014 $7,218 $913,791 $255,400 $658,391
2013 $7,221 $913,791 $255,400 $658,391
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3762109

Canopy MLS (Canopy Realtor® Association)

APN: 35166