NOT LISTED FOR SALE

262 Sidney Lanier Rd Rutherfordton, NC 28139

Estimated Value: $473,000 - $610,000

2 Beds
2 Baths
1,564 Sq Ft
$355/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $542,500 $347 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,221/month

14 Days on Market

Highlights

  • Mountain View
  • Living Room with Fireplace
  • Ranch Style House
  • Private Lot
  • Wooded Lot
  • Bar Fridge

About This Home

As of February 2024

A rare gem awaits! Spectacular mountain views of Chimney Rock and the Hickory Nut Gorge Valley, in the picturesque town of Lake Lure. Ranch style cottage with modern exterior flare, nestled atop 2 acre parcel, adorned 360 degrees by a variety of mature indigenous hardwood trees. Located 1.2 miles from Lake Lure Beach & Marina and a couple miles from the Nostalgic Chimney Rock Park. Large widows facing mountain views with natural light illumination. Experience the warm, inviting cottage life style or add some nuances of modern design compliments and experience both, the possibilities are endless with this home and lot. Come feel the incredible ambiance of this lovely abode.

Last Agent to Sell the Property

Todd Bennett

Coldwell Banker Advantage Brokerage Email: tyb66@kw.com License #318896 Listed on: 11/24/2023

Coldwell Banker Advantage

Last Buyer's Agent

Jessica Colley

Keller Williams Professionals License #286042

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R1A

Parking

  • 1 Car Attached Garage
  • Workshop in Garage
  • 4 Open Parking Spaces
  • Parking Lot

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Siding
  • Hardboard
  • Stucco

Interior Spaces

  • 1,564 Sq Ft Home
  • Bar Fridge
  • Wood Burning Fireplace
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Pinnacle Elementary School
  • Rs Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1636602

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

2 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1957
  • Restrictions: N/A
  • Second Living Quarters: None
  • Road Surface Type: Gravel
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 346.87
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: tyb66@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Slab
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1564
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Bar Fridge, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 1564
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1564
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Other - See Remarks
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Mountain(s)
  • Waterfront Features: None
  • Exclusions: NONE
  • Construction Type: Concrete Block, Hard Stucco, Hardboard Siding, Wood
  • Other Structures: None
  • Patio And Porch Features: Front Porch, Patio, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Garage Shop, Parking Lot, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling: Electric, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: RS
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 1636602
  • Zoning: R1A
  • Land Included Yn: 1
  • Development Status: Completed
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1A

MLS Schools

  • Elementary School: Pinnacle
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Jan 11, 2024
Sold by
Carpenter James H and Carpenter Sharon M
Bought by
Milsop William D and Pattison Troy Sarah
Seller's Agent
Todd Bennett
Coldwell Banker Advantage
Buyer's Agent
Jessica Colley
Keller Williams Professionals
List Price
$575,000
Sold Price
$542,500
Premium/Discount to List
-$32,500
-5.65%
Views
56
Current Estimated Value
$554,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,013
Avg. Annual Appreciation
1.05%
Original Mortgage
$434,000
Outstanding Balance
$425,904
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$128,609

Purchase Details

Closed on
Mar 16, 2004
Bought by
Carpenter James H and Carpenter Sharon M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Milsop William D $542,500 None Listed On Document
Carpenter James H $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milsop William D $434,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $542,500 -5.7% $347 / Sq Ft
11/24/2023 11/24/23 For Sale $575,000 -- $368 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,032 $491,600 $142,600 $349,000
2024 $33 $491,600 $142,600 $349,000
2023 $3,329 $411,600 $142,600 $269,000
2022 $3,323 $293,900 $163,500 $130,400
2021 $3,323 $293,900 $163,500 $130,400
2020 $2,997 $293,900 $163,500 $130,400
2019 $2,813 $293,900 $163,500 $130,400
2018 $2,558 $264,500 $163,500 $101,000
2016 $2,336 $264,500 $163,500 $101,000
2013 -- $265,000 $163,500 $101,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4089912

Canopy MLS (Canopy Realtor® Association)

APN: 1636602

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