NOT LISTED FOR SALE

Estimated Value: $456,000 - $571,000

3 Beds
2.5 Baths
1,851 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $295,000 $159 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,588/month

12 Days on Market

Highlights

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

About This Home

As of July 2020

This well maintained cottage at Bear Lake Reserve is the perfect retreat for someone looking to enjoy the mild summers and relaxing lifestyle offered in the mountains of Western North Carolina. Features and upgrades include stainless steel kitchen appliances, hardwood floors throughout, upgraded granite in kitchen and baths, flatscreen TV's mounted in each bedroom, a level driveway for several cars with only 2 steps into house, custom plantation shutters, tongue and groove two story ceiling, built in surround sound/subwoofer, recently painted interior walls, upgraded light fixtures in main living space, large mudroom with lots of built in shelving, and much more. The current owner is only the 2nd owner of this beautiful cottage and the home has never been in the rental program. Priced slightly below tax value, this home is a fantastic opportunity for someone looking to take advantage of the amenities and lifestyle of this amazing community.

Last Agent to Sell the Property

Joey Laughridge

Allen Tate/Beverly-Hanks Brevard South License #289839 Listed on: 06/12/2020

Allen Tate/Beverly-Hanks Brevard South

Co-Listed By

Billy Harris

Allen Tate/Beverly-Hanks Brevard South License #220801

Last Buyer's Agent

April Bryant

BLR Realty LLC License #285897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $752 Monthly HOA Fees

Home Design

  • Cottage

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Pond
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7586-62-0443

Community Details

Overview

  • Blroa Association, Phone Number (828) 293-3455
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$752 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 243801.65
  • Ratio Current Price By Sq Ft: 159.37
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Block
  • Upper Level Sq Ft: 493
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Fireplace Description: Fireplace Insert, Great Room, Porch, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-293-3455
  • Interior Amenities: Breakfast Bar, Open Floorplan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1358
  • Total Sq Ft: 1851

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Gated Community, Golf Course, Hot Tub, Lake, Pond, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 752.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: BLROA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Fairview
  • Middle School: Smoky Mountain
  • High School: Smoky Mountain

Lot Info

  • Lot Features: Sloping, Trees, Wooded
  • Lot Size Area: 1.210
  • Parcel Number: 7586-62-0443
  • Plat Book Slide: 14/886
  • Zoning Specification: R1

Tax Info

  • Tax Value: 296130.00
  • Tax Location: Jackson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Elkins Dale and Elkins Jenny
Bought by
Dale And Jenny Elkins Family Trust and Elkins
Total Days on Market
12
Current Estimated Value
$489,678

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 22, 2020
Sold by
Flagg John and Flagg Erin
Bought by
Elkins Dale and Elkins Jenny
Seller's Agent
Joey Laughridge
Allen Tate/Beverly-Hanks Brevard South
Buyer's Agent
April Bryant
BLR Realty LLC
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$205,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 16, 2018
Closed on
Oct 25, 2018
Sold by
Blais Jacques D and Blais Teresa A
Bought by
Flagg John M and Flagg Erin M
Seller's Agent
Susan Ayers
Home Zu (Mls Only)
Buyer's Agent
Board Member Non
List Price
$287,500
Sold Price
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.48%

Purchase Details

Closed on
Feb 5, 2009
Sold by
Butte John and Butte Elaine
Bought by
Butte John and Butte Elaine
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
Dale And Jenny Elkins Family Trust -- None Listed On Document
Elkins Dale $295,000 None Available
Flagg John M $287,500 --
Butte John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flagg John M $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $295,000 0.0% $159 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $295,000 +2.6% $159 / Sq Ft
10/26/2018 10/26/18 Sold $287,500 0.0% $155 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $287,500 -- $155 / 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 $1,143 $300,700 $50,000 $250,700
2023 $1,268 $300,700 $50,000 $250,700
2022 $1,268 $300,700 $50,000 $250,700
2021 $1,143 $300,700 $50,000 $250,700
2020 $1,209 $296,130 $100,000 $196,130
2019 $1,209 $296,130 $100,000 $196,130
2018 $1,209 $296,130 $100,000 $196,130
2017 $1,180 $296,130 $100,000 $196,130
2015 $1,527 $321,130 $125,000 $196,130
2011 -- $515,230 $160,000 $355,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3630740

Canopy MLS (Canopy Realtor® Association)

APN: 7586-62-0443