NOT LISTED FOR SALE

305 Holmes Rd Lake Lure, NC 28746

Estimated Value: $1,438,000 - $1,750,000

4 Beds
4.5 Baths
3,674 Sq Ft
$451/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,525,000 $415 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,959/month

321 Days on Market

Highlights

  • Boathouse
  • Boat Slip
  • Deck
  • Pier
  • Waterfront
  • Wooded Lot

About This Home

As of October 2022

Vintage style Lake Front home in a private wooded setting with paved, shared drive. Great location, convenient to grocery and restaurants. Lovely wide porch at the entry, 2 screen side porches. Open and soaring great room and kitchen. Two bedrooms on the main level, each with a private bath. The inviting entry sets the rustic elegant mood. Tongue and groove wood ceiling and beams. Pine floors. Small loft overlooks the great room; perfect as a sitting/reading nook, or extra sleeping with a day bed. The lower level has a large family room with an adorable little kitchenette tucked inside a large closet. Screen porch, covered deck, two bedrooms, and two full baths. Electric tram to the waterfront or use the stairs to access both water and the small deck on top of the boathouse. Boathouse sq. footage is listed as additional.

Last Agent to Sell the Property

Thomas McKay

Pinnacle Sothebys International Realty Listed on: 02/02/2021

Pinnacle Sothebys International Realty

Last Buyer's Agent

Thomas McKay

Pinnacle Sothebys International Realty Listed on: 02/02/2021

Pinnacle Sothebys International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,217

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • Sloped Lot
  • Wooded Lot
  • Zoning described as R1

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • Bar Fridge
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Screened Porch

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Pier
  • Boat Slip
  • Boathouse
  • Deck
  • Fireplace in Patio

Schools

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

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1621864

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,217

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1994
  • Ratio Current Price By Acre: 1859756.10
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 415.08
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 733
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2000
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 255
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Covered,Deck,Screened,Side
  • Appliances: Bar Fridge, Dishwasher, Dryer, Gas Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1419
  • Fireplace Features: Family Room, Great Room, Porch
  • Living Area: 3674
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Lake Lure
  • Construction Type: Site Built
  • Water Body Name: Lake Lure
  • Waterfront Features: Boat House, Boat Slip (Deed), Pier
  • Waterfront Elevation: 1000
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Lake Access, Sloped, Wooded, Water View, Waterfront, Wooded
  • Lot Size Area: 0.82
  • Lot Size Units: Acres
  • Parcel Number: 1621864
  • Plat Book Slide: 17/43
  • Plat Reference Section Pages: 510,1,18
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.72837

Multi Family

  • Unit Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Oct 13, 2022
Sold by
Thomas E Hannah Revocable Trust
Bought by
Holmes Road Llc
Seller's Agent
Thomas McKay
Pinnacle Sothebys International Realty
Buyer's Agent
Thomas McKay
Pinnacle Sothebys International Realty
List Price
$1,690,000
Sold Price
$1,525,000
Premium/Discount to List
-$165,000
-9.76%
Views
114
Current Estimated Value
$1,656,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,114
Avg. Annual Appreciation
3.61%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Hannah Thomas E and Hannah Carolyn F
Bought by
Lee Hannah Thomas E and Lee Hannah Kerin

Purchase Details

Closed on
Oct 14, 2004
Bought by
Hannah Thomas E
Source: Public Records

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
Holmes Road Llc $1,525,000 --
Lee Hannah Thomas E -- None Available
Hannah Thomas E $1,500,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $1,525,000 -9.8% $415 / Sq Ft
01/25/2022 01/25/22 For Sale $1,690,000 0.0% $460 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,690,000 0.0% $460 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,690,000 -- $460 / 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 $11,217 $1,388,400 $450,000 $938,400
2023 $11,028 $1,388,400 $450,000 $938,400
2022 $11,028 $977,800 $462,000 $515,800
2021 $11,038 $977,800 $462,000 $515,800
2020 $9,952 $977,800 $462,000 $515,800
2019 $9,358 $977,800 $462,000 $515,800
2018 $11,118 $1,149,700 $660,000 $489,700
2016 $10,152 $1,149,700 $660,000 $489,700
2013 -- $1,149,700 $660,000 $489,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3700532

Canopy MLS (Canopy Realtor® Association)

APN: 1621864