NOT LISTED FOR SALE

296 Lynch Point Rd Macon, NC 27551

Estimated Value: $936,749 - $1,095,000

3 Beds
3 Baths
2,688 Sq Ft
$368/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $655,000 $244 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,655/month

40 Days on Market

Highlights

  • Boathouse
  • Waterfront
  • Cathedral Ceiling
  • Lake View
  • Deck
  • No HOA

About This Home

As of March 2020

Open the door and you are instantly welcomed by spectacular, panoramic views of lovely Lake Gaston! This bright & airy home has an open floor plan, magnificent long-range main lake views & plenty of space for relaxation & play! Enjoy a new kitchen w/ granite and stainless steel appliances in the finished/ full walk-out basement (Home was designed to accommodate high traffic away from living and sleeping areas). 3 lakeside bedrooms! Enjoy cozy evenings on the deck under a house-wide extended gable even if it's raining outside. Located just around the bend to restaurants on the water, fuel and marinas at the Eaton's Ferry Bridge! Owners did a complete reno in 2018 to include new floors, paint, kitchen(s), bathrooms and deck. Home has an impressive rental history with all 5 star reviews! Home comes "turn-key" and fully furnished with the right offer!

Last Agent to Sell the Property

Les and Bonnie Burleson

Lake Homes Realty, LLC Listed on: 01/07/2020

Last Buyer's Agent

Non Mls

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.6 Acre Lot
  • Waterfront

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Cathedral Ceiling
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Boathouse
  • Deck

Schools

  • County Elementary School
  • County Middle School
  • County High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Whispering Pines Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 14541

Home Details

Home Type

Single Family

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Directions: From I-85 Take exit 233 for US-1/US-401 toward Wise/Norlina. Turn left onto US-1 S/US-401 S continue for 3.1 miles. Turn left onto NC-1305 continue for approx. 9 miles. Turn left onto Lynch Rd and then left on to Lynch Point Rd. Destination is on the right. Look for Lake Homes Realty sign.
  • Property Sub Type: Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 1990
  • Lot Size Acres: 0.6
  • Water Body Name: Lake Gaston SW Quad
  • Subdivision Name: Whispering Pines
  • Above Grade Finished Sq Ft: 1344
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Structure Type: Site Built
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Washer, Range/Oven-Electric, Dryer
  • Has Basement: Full, Finished, Walk-Out Access
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1344
  • Door Features: Insulated
  • Fireplace Features: Living Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Laminate
  • Living Area: 2688
  • Window Features: Insulated Windows

Exterior Features

  • View: Water, Main Lake
  • View: Yes
  • Waterfront Features: Boathouse/Single, Lake Gaston, Main Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Double Detached Garage, Garage Door Opener, Concrete Drive

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: County

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: County
  • High School: County
  • Middle Or Junior School: County

Lot Info

  • Lot Size Sq Ft: 26136
  • Farm Land Area Units: Square Feet
  • Parcel #: 14541
  • Zoning Description: Lakeside Residential/Warren Co
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Mar 16, 2020
Sold by
Tomilosn Richard L and Tomilson Wendy L
Bought by
Revels James B and Revels Holly Hardison
Seller's Agent
Les and Bonnie Burleson
Lake Homes Realty, LLC
Buyer's Agent
Non Mls
List Price
$655,000
Sold Price
$655,000
Current Estimated Value
$989,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,187
Avg. Annual Appreciation
7.35%
Original Mortgage
$430,500
Outstanding Balance
$339,567
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$649,620

Purchase Details

Listed on
Aug 21, 2016
Closed on
Jun 6, 2017
Sold by
Mno Land Company Llc
Bought by
Tomlinson Richard L and Tomlinson Wendy L
Seller's Agent
Barney Watson
ReMax On the Lake
Buyer's Agent
Les Burleson
Lake Homes Realty, LLC
List Price
$449,000
Sold Price
$352,500
Premium/Discount to List
-$96,500
-21.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.97%
Original Mortgage
$282,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2001
Bought by
Wrenn Ronnie E and Wrenn Ella S
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Revels James B $615,000 None Available
Tomlinson Richard L $352,500 None Available
Wrenn Ronnie E $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revels James B $430,500
Previous Owner Tomlinson Richard L $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2020 03/18/20 Sold $655,000 0.0% $244 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $655,000 +85.8% $244 / Sq Ft
06/07/2017 06/07/17 Sold $352,500 -21.5% $131 / Sq Ft View Prior Sale
04/17/2017 04/17/17 Pending -- -- --
08/21/2016 08/21/16 For Sale $449,000 -- $167 / Sq Ft
Source: Roanoke Valley Lake Gaston Board 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
2025 $5,859 $894,226 $600,000 $294,226
2024 $4,679 $483,549 $300,000 $183,549
2023 $4,723 $483,549 $300,000 $183,549
2022 $4,508 $483,549 $300,000 $183,549
2021 $4,536 $483,549 $300,000 $183,549
2019 $4,189 $483,693 $300,000 $183,693
2018 $4,015 $483,693 $300,000 $183,693
2017 $4,015 $483,693 $300,000 $183,693
2016 $4,553 $593,452 $400,000 $193,452
2015 -- $593,452 $0 $0
2014 -- $593,452 $0 $0
2010 -- $593,452 $400,000 $193,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 124074

APN: H1D 83