NOT LISTED FOR SALE

Estimated Value: $447,818 - $593,000

3 Beds
2 Baths
1,560 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $207,500 $133 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,488/month

99 Days on Market

Highlights

  • Lake Front
  • Deck
  • Traditional Architecture
  • Open Floorplan
  • Partially Wooded Lot
  • Cathedral Ceiling

About This Home

As of October 2018

Great Luxury Cottage in beautiful Bear Lake Reserve!! Granite Counter tops, Hardwood floors, ceramic tile and gorgeous stone fireplace. This is the perfect mountain home located in a gated community with many amenities including a restaurant, pool, golf course and much more.

Last Agent to Sell the Property

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 05/30/2018

Last Buyer's Agent

Daniel Seay

Carolina Mountain Brokers Brokerage Phone: 8284210321 License #53078 Listed on: 05/30/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $899

Year Built

  • Built in 2005

Lot Details

  • 1.03 Acre Lot
  • Lake Front
  • Partially Wooded Lot

HOA Fees

  • $685 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Cedar
  • Stone

Interior Spaces

  • 1,560 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Combination Dining and Living Room
  • Crawl Space
  • Washer

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Bear Lake Reserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7576963443

Home Details

Home Type

Single Family

Est. Annual Taxes

$899

Year Built

Built in 2005

Lot Details

0

HOA Fees

$685 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Frontage Type: Property Owners' Assoc
  • Road Surface Type: Paved
  • Ownership: Less than One Year
  • Subdivision Name: Bear Lake Reserve
  • Directions: From Sylva take 107S approx. 19 miles to Shook Cove Rd on left go 3 miles to Bear Lake Reserve and follow Lake Forest Dr to Greeters Cottage and check in. Follow Lake Forest Dr to Boulder Creek Lane on Right and follow to end of road to #231
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2005
  • Attribution Contact: 8284210321
  • Special Features: 1028

Interior Features

  • Appliances: Electric Water Heater, Microwave, Dishwasher, Electric Oven/Range, Washer, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral/Vaulted Ceiling, Large Master Bedroom, Primary on Main Level, Pantry, Split Bedroom, Living/Dining Room, Walk-In Closet(s), Great Room, Open Floorplan
  • Living Area: 1560
  • Window Features: Windows-Insulated/Storm
  • Room Bedroom2 Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom3 Level: First

Exterior Features

  • View: No
  • Waterfront Features: Lake
  • Home Warranty: No
  • Construction Type: Wood Siding, Stone, Cedar
  • Exterior Features: Rustic Appearance
  • Patio And Porch Features: Deck, Porch
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, None-Carport

Utilities

  • Cooling: Central Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 685
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 7576963443
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 899.14
  • Tax Book Number: 2206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2018
Closed on
Sep 18, 2018
Sold by
Mtglq Investors Lp
Bought by
Hess Patricia L and Hess Peter T
Seller's Agent
Daniel Seay
Carolina Mountain Brokers
Buyer's Agent
Daniel Seay
Carolina Mountain Brokers
List Price
$207,500
Sold Price
$207,500
Total Days on Market
99
Current Estimated Value
$509,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,955
Avg. Annual Appreciation
14.51%
Original Mortgage
$166,000
Outstanding Balance
$146,528
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$362,927

Purchase Details

Closed on
May 23, 2018
Sold by
Branch B & T Co
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Dec 18, 2017
Sold by
Meadows Richard W and Meadows Kathy H
Bought by
Branch Banking And Trust Company
Source: Public Records

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Range of Values:

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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
Hess Patricia L $208,000 --
Mtglq Investors Lp $243,010 --
Branch Banking And Trust Company $400,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Patricia L $166,000
Previous Owner E2 Companies Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $207,500 0.0% $133 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $207,500 -- $133 / Sq Ft
Source: Carolina Smokies Association of REALTORS®

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 $1,203 $316,520 $75,000 $241,520
2023 $1,328 $316,520 $75,000 $241,520
2022 $1,328 $316,520 $75,000 $241,520
2021 $1,203 $316,520 $75,000 $241,520
2020 $1,007 $243,010 $75,000 $168,010
2019 $1,007 $243,010 $75,000 $168,010
2018 $1,007 $243,010 $75,000 $168,010
2017 $983 $243,010 $75,000 $168,010
2015 $1,468 $243,010 $75,000 $168,010
2011 -- $494,410 $200,000 $294,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Carolina Smokies Association of REALTORS®

MLS Number: 26008742

APN: 7576-96-3443