NOT LISTED FOR SALE

264 Echota Ln Unit 5 Brevard, NC 28712

Estimated Value: $1,030,614 - $1,089,000

3 Beds
3 Baths
3,024 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $599,000 $198 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,486/month

74 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Waterfront
  • Clubhouse

About This Home

As of September 2020

Desirable Lake Ticoa! Open Floor Plan with plenty of room for entertaining or just lots of Family visits. This home features a huge kitchen with tons of cabinets and Island too! Spectacular wood burning stone fireplace for those cooler evenings.Hardwood floors in the Great Room and connecting enclosed porch with views views views! There is a gentle slope to the water and your dock. The lower level has a family room, another bedroom and bath and a bonus room currently a "bunk room". Lower Level also opens to a large patio. Oversized lake lot as well with a private feel.Buyer to pay $8000 amenity fee at closing.

Last Listed By

Susan Green

Connestee Falls Realty License #172542 Listed on: 05/30/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Wood Burning Fireplace

Flooring

  • Wood
  • Parquet
  • Vinyl

Outdoor Features

  • Separate Outdoor Workshop

Listing and Financial Details

  • Assessor Parcel Number 8583-20-8632-000

Community Details

Overview

  • Association Phone (828) 885-2001
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Dog Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.93740
  • Ratio Close Price By Original Li: 0.93740
  • Ratio Current Price By Acre: 809459.46
  • Ratio Current Price By Sq Ft: 198.08
  • Year Built: 1987
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Parquet, Vinyl, Wood
  • H O A Management Phone: 828-885-2001
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1008
  • Main Level Sq Ft: 2016
  • Total Sq Ft: 3024

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Driveway, Keypad Entry

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Outdoor Pool, Security, Tennis Court(s), Walking Trails, Dog Park, Picnic Area
  • Association Fee: 3362.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake, Paved Frontage, Private, Water view, Waterfront
  • Lot Size Area: 0.740
  • Parcel Number: 8583-20-8632-000

Tax Info

  • Tax Value: 461700.00
  • Tax Location: Transylvania

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2021
Sold by
Zelle William N and Zelle Carol F
Bought by
Echota Lane Llc
Total Days on Market
74
Current Estimated Value
$1,052,904

Purchase Details

Listed on
May 30, 2020
Closed on
Sep 21, 2020
Sold by
Jacobus Bruce W and Jacobus Alden C
Bought by
Zelle William and Zelle Carol
Seller's Agent
Susan Green
Connestee Falls Realty
Buyer's Agent
Lorrie McLauchlan
Connestee Falls Realty
List Price
$639,000
Sold Price
$599,000
Premium/Discount to List
-$40,000
-6.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
May 31, 2006
Sold by
Reed Florence F and Reed David E
Bought by
Jacobus Bruce W and Jacobus Alden C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.44%
Mortgage Type
New Conventional

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
Echota Lane Llc -- None Available
Zelle William $599,000 None Available
Jacobus Bruce W $492,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacobus Bruce W $236,000
Previous Owner Jacobus Bruce W $270,000
Previous Owner Jacobus Bruce W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $599,000 -6.3% $198 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
05/30/2020 05/30/20 For Sale $639,000 -- $211 / 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 $3,749 $569,520 $200,000 $369,520
2023 $3,749 $569,520 $200,000 $369,520
2022 $3,749 $569,520 $200,000 $369,520
2021 $3,721 $569,520 $200,000 $369,520
2020 $3,213 $461,700 $0 $0
2019 $3,190 $461,700 $0 $0
2018 $2,744 $461,700 $0 $0
2017 $2,713 $461,700 $0 $0
2016 $2,670 $461,700 $0 $0
2015 $2,218 $487,110 $180,000 $307,110
2014 $2,218 $487,110 $180,000 $307,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3625819

Canopy MLS (Canopy Realtor® Association)

APN: 8583-20-8632-000