$525,000
SOLD AUG 30, 2018

287 Matho Trace Lake Lure, NC 28746

4 Beds
3 Baths
2,890 Sq Ft
2.2 Acres

Recently Sold

$182 Per Sq Ft

3% Below List Price

3 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Fitness Center
  • Open Floorplan
  • Clubhouse

About This Home

As of August 2018

A Dream Home--your forever log cabin in the woods--with a view for miles. One of the newer homes in Lake Lure, it's immaculate with room for lots of guests & a home office/4th bedroom. Every detail was important to the builder, from the placement of the house for maximum view but shielded from the summer sun, to the 2 screen porches and "miles" of decks for entertaining, the Tiffany style lighting, the Cavaliere exhaust fan above the 5 burner gas range, a convenient island in the massive walk-in closet for added storage, 1 guest room on the main level, and a workshop/man cave above the 2 car garage. High speed internet is already in place. The 2 acre lot is amazingly flat for easy maintenance and a separate storage building means you can actually park cars in the garage. All this plus the amenities of a private beach, two 18-hole golf courses, on site restaurants, Lazy River, volleyball, basketball, miniature golf, indoor pool, fitness center, spa and beauty salon, and more.

Last Agent to Sell the Property

Ken Jordan

Dwell Realty Group License #186726 Listed on: 07/19/2018

Dwell Realty Group

Last Buyer's Agent

Lyn Weaver

Premier Sotheby’s International Realty License #191157

Premier Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Front Green Space
  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Workshop in Garage
  • Circular Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 1634760

Community Details

Overview

  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97222
  • Ratio Close Price By Original Li: 0.97222
  • Ratio Current Price By Acre: 238636.36
  • Ratio Current Price By Sq Ft: 181.66
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 890
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Generator, Oven, Exhaust Hood, Security System
  • Fireplace Description: Great Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Breakfast Bar, Garage Shop, Kitchen Island, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2000
  • Total Sq Ft: 2890

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Exterior Features: Workshop, Shed(s)

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: g-On-Demand Water Heater, Propane

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Security, Tennis Court(s), Walking Trails
  • Association Fee: 2379.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Lure Classical Academy
  • Middle School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Lot Info

  • Lot Features: Green Area, Level, Mountain View, Trees, Views, Wooded, Year Round View
  • Lot Size Area: 2.200
  • Parcel Number: 1634760
  • Zoning Specification: Res

Tax Info

  • Tax Value: 391478.00
  • Tax Location: Lake Lure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 30, 2018
Sold by
Yarbrough Karen E and Yarbrough John G
Bought by
Smith William G and Smith Mary A L
Seller's Agent
Ken Jordan
Dwell Realty Group
Buyer's Agent
Lyn Weaver
Premier Sotheby’s International Realty
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$350,000
Outstanding Balance
$306,471
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$592,282

Purchase Details

Closed on
Jun 7, 2013
Sold by
Buffalo Cliffs Llc
Bought by
Yarbrough Karen E and Yarbrough Jonn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Similar Homes in Lake Lure, NC

  • 245 Chalet Rd, Lake Lure, NC 28746

    $445,000

    • 3 Beds
    • 3 Baths
    • 1,833 Sq Ft
    • 245 Chalet Rd
    • Lake Lure, NC

    Looking for a cozy retreat? Well look no further, this lovely and cozy home in Rumbling Bald offers privacy and comfort. With 3 comfortable bedrooms and 3 baths there's room for all. The open plan living room and kitchen make a great gathering space while the connected heated sunroom allows for year-round comfort. This home is the perfect blend of comfort, privacy, and space. Sellers are

    Marla Machado LPT Realty, LLC

    Section Image
  • 142 Palmer Place, Lake Lure, NC 28746

    $525,000

    • 2 Beds
    • 2.5 Baths
    • 2,996 Sq Ft
    • 142 Palmer Place
    • Lake Lure, NC

    Featured on HGTV’s Lakefront Bargain Hunt!This beautifully updated and spacious home is located just behind the gates of Rumbling Bald Resort, nestled on a quiet, private street and nearly an acre of land. Offering both charm and modern updates, this property is perfect as a primary residence, vacation getaway, or investment opportunity.Step inside to discover two generous living

    Marla Machado LPT Realty, LLC

    Section Image
  • 135 Logan Ct, Lake Lure, NC 28746

    $475,000

    • 3 Beds
    • 2 Baths
    • 1,851 Sq Ft
    • 135 Logan Ct
    • Lake Lure, NC

    Escape to the mountains with this charming 3-bedroom, 2-bath ranch-style log cabin, ideally located in the highly desirable Rumbling Bald resort community on Lake Lure. Whether you're searching for the perfect personal retreat or a proven short-term rental investment, this property offers the best of both worlds.Thoughtfully designed with open-concept living, and rustic log cabin charm,

    Marla Machado LPT Realty, LLC

    Section Image
  • 136 Dalton Ct, Lake Lure, NC 28746

    $649,900

    • 3 Beds
    • 3 Baths
    • 2,412 Sq Ft
    • 136 Dalton Ct
    • Lake Lure, NC

    This lovingly updated cabin in Rumbling Bald on Lake Lure features 3 bedrooms and 3 bathrooms with new flooring in the basement and brand new carpeting in the primary bedroom. This cozy and comfortable cabin is the perfect place to make new memories in Lake Lure. The open plan living area allows for gathering and connecting - have dinner, play some games, watch a movie in front of the

    Marla Machado LPT Realty, LLC

    Section Image
  • 171 Wilson Ct, Lake Lure, NC 28746

    $640,000

    • 3 Beds
    • 3.5 Baths
    • 3,426 Sq Ft
    • 171 Wilson Ct
    • Lake Lure, NC

    6/12-HUGE PRICE IMPROVEMENT! Modern farmhouse meets contemporary chic in this beautiful custom built home designed by architect Gregory La Vardera using the highest quality materials. Each room includes large windows for breathtaking scenery and winter mountain views. Two story great room with floor to ceiling windows and open floor plan lend the quintessential element for entertaining guests.

    Darlene Fouts NorthGroup Real Estate LLC

    Section Image
  • 143 Wildcat Blvd, Lake Lure, NC 28746

    $435,000

    • 2 Beds
    • 2 Baths
    • 1,435 Sq Ft
    • 143 Wildcat Blvd
    • Lake Lure, NC

    This beautifully updated turnkey and furnished home in the gated Riverbend community features brand new flooring throughout, renovated bathrooms all stainless steel appliances, a hot tub and views for days. Sitting on almost two acres this cabin makes the perfect getaway or rental property. All you have to bring is you! Enjoy the serenity of Riverbend while taking in the year round mountain

    Marla Machado LPT Realty, LLC

    Section Image
  • 157 Silver Tree Ln, Lake Lure, NC 28746

    $540,000

    • 3 Beds
    • 3.5 Baths
    • 1,983 Sq Ft
    • 157 Silver Tree Ln
    • Lake Lure, NC

    If you're looking for views and serenity look no further. This cozy home with brand new flooring and brand-new HVAC is nestled high in the mountains and features straight on year-round views of Chimney Rock. The lovely deck off the main room featuring Trex decking allows you to enjoy the mountain majesty. Take a soak in your hot tub located just outside the walk out basement. Space abounds in

    Marla Machado LPT Realty, LLC

    Section Image
  • 456 Youngs Mountain Dr, Lake Lure, NC 28746

    $460,000

    • 3 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 456 Youngs Mountain Dr
    • Lake Lure, NC

    EMBRACE MOUNTAIN LIVING AT LAKE LURE, NC...............Nestled amidst the breathtaking landscapes of Lake Lure, North Carolina, lies a stunning mountain retreat that perfectly harmonizes with its natural surroundings. Situated atop a massive rock out-cropping, this fully furnished, 3 bedroom, 2 bath, home features stunning mountain views, an abundance of natural light and an open floor plan with

    David Caulder Caulder Realty & Land Co.

    Section Image
  • 217 Chalet Rd, Lake Lure, NC 28746

    $409,000

    • 3 Beds
    • 2 Baths
    • 1,516 Sq Ft
    • 217 Chalet Rd
    • Lake Lure, NC

    Dramatic Price Drop! Priced to Move — $16,000 below List!Escape to this quintessential log cabin in the woods, where serenity meets convenience. Tucked away in nature, yet minutes from all the amenities. This charming three-bedroom, two-bath home boasts high ceilings, natural wood floors, and cozy, turn-key fully furnished interiors—perfect for relaxing or entertaining.Main level features an

    Ashley Jackson NorthGroup Real Estate LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $525,000 None Available
Warranty Deed $45,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 New Conventional
Previous Owner $31,500 Credit Line Revolving
Previous Owner $280,000 Construction
Previous Owner $33,750 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $900,000 +71.4% $298 / Sq Ft
08/30/2018 08/30/18 Sold $525,000 -2.8% $182 / Sq Ft
07/22/2018 07/22/18 Pending -- -- --
07/19/2018 07/19/18 For Sale $540,000 -- $187 / 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 $3,544 $640,500 $86,300 $554,200
2023 $3,381 $640,500 $86,300 $554,200
2022 $3,381 $480,100 $86,300 $393,800
2021 $3,352 $480,100 $86,300 $393,800
2020 $3,352 $480,100 $86,300 $393,800
2019 $3,344 $480,100 $86,300 $393,800
2018 $2,792 $391,478 $67,600 $323,878
2016 $2,587 $369,900 $67,600 $302,300
2013 -- $67,700 $67,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3415134

Canopy MLS (Canopy Realtor® Association)

APN: 1634760