NOT LISTED FOR SALE

307 Watership Rd Lake Lure, NC 28746

Estimated Value: $473,000 - $734,000

4 Beds
2.5 Baths
2,288 Sq Ft
$251/Sq Ft Est. Value

Last Sold July 23, 2014

Last sale price $150,000 $66 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $3,438/month

132 Days on Market

Highlights

  • Golf Course Community
  • Contemporary Architecture
  • Breakfast Bar
  • Gated Community
  • Wet Bar
  • Tile Flooring

About This Home

As of July 2014

BACK on the market with great renovations! Lower level outdated hot tub removed for spacious rec room, new flooring, new blinds throughout, new decks, foundation retaining walls replaced. Newly remodeled kitchen, Multi level home features rustic knotty pine walls in great room, massive stone fireplace, plus built-ins. Floor plan would be excellent vacation rental. Winter mountain views. Fully furnished, resort amenities!

Last Agent to Sell the Property

Carol Choun

Coldwell Banker Advantage Listed on: 03/11/2014

Coldwell Banker Advantage

Last Buyer's Agent

Margaret Edgerton

Allen Tate/Beverly-Hanks, Lake Lure License #235366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 1980

Lot Details

  • 0.54

Home Design

  • Contemporary Architecture

Interior Spaces

  • Wet Bar
  • Wood Burning Fireplace
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Kitchen Island

Listing and Financial Details

  • Assessor Parcel Number 0229953

Community Details

Recreation

  • Golf Course Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,805

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 0.93809
  • Ratio Close Price By Original Li: 0.75038
  • Ratio Current Price By Acre: 277777.78
  • Ratio Current Price By Sq Ft: 65.56
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 520
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Breakfast Bar, Built-Ins, Kitchen Island, Vaulted Ceiling, Wet Bar
  • Room Count: 6
  • Sq Ft Basement: 780
  • Main Level Sq Ft: 988
  • Total Sq Ft: 2288
  • Sq Ft Unheated Basement: 120

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Heating: Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community, Golf Course

Schools

  • Middle School: RS
  • High School: RS Central

Lot Info

  • Lot Features: Paved Frontage, Winter View
  • Lot Size Area: 0.540
  • Parcel Number: 0229953
  • Plat Reference Section Pages: 1047
  • Zoning Specification: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2014
Closed on
Jul 23, 2014
Sold by
Swan Investments Inc
Bought by
Campbell Boyd and Campbell Vicki
Seller's Agent
Carol Choun
Coldwell Banker Advantage
Buyer's Agent
Margaret Edgerton
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%
Current Estimated Value
$573,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,868
Avg. Annual Appreciation
12.84%
Original Mortgage
$120,000
Outstanding Balance
$37,165
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$536,703

Purchase Details

Closed on
Feb 29, 2012
Sold by
Federal National Mortgage Association
Bought by
Swanger Steve

Purchase Details

Closed on
May 23, 2011
Sold by
Sommers Joseph F and Sommers Beatrice H
Bought by
Federal National Mortgage Association
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
Campbell Boyd $150,000 None Available
Swanger Steve $62,000 None Available
Federal National Mortgage Association -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Boyd $120,000
Previous Owner Swan Investment Inc $110,000
Previous Owner Sommers Joseph F $30,296
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2014 07/23/14 Sold $150,000 -25.0% $66 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $199,900 -- $87 / 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
2025 $3,805 $463,600 $100,000 $363,600
2024 $3,754 $463,600 $100,000 $363,600
2023 $3,749 $463,600 $100,000 $363,600
2022 $2,986 $264,000 $50,000 $214,000
2021 $2,986 $264,000 $50,000 $214,000
2020 $2,693 $264,000 $50,000 $214,000
2019 $2,526 $264,000 $50,000 $214,000
2018 $2,089 $216,000 $35,000 $181,000
2016 $1,907 $216,000 $35,000 $181,000
2013 -- $205,500 $35,000 $170,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM556949

Canopy MLS (Canopy Realtor® Association)

APN: 229953