NOT LISTED FOR SALE

368 E Lakeshore Dr Landrum, SC 29356

Estimated Value: $477,000 - $513,980

2 Beds
1.5 Baths
1,137 Sq Ft
$438/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $499,000 $439 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,114/month

11 Days on Market

Highlights

  • Boathouse
  • Boat Lift
  • Waterfront
  • Landrum Middle School Rated A-
  • Access To Lake
  • Deck

About This Home

As of February 2024

LAKE LANIER BOATHOUSE! Profitable short term rental property or you own private vacation getaway! Or both! 2 bedroom, 1.5 bath, two level boat house with a boat garage and double decks overlooking the lake. Situated on a quiet, no wake inlet for safe swimming and no through boat traffic. Mountain views on one of the area's prettiest lakes. Lots of recent upgrades - absolutely ready to go and some furnishings are available, even the boat and kayaks with the right offer. New spacious walk-in shower, washer/dryer, new generator and propane tank, and many other upgrades make this a great find! Successful rental history. 1000 gallon holding tank for septic, city water, and private parking for 2 cars. Convenient location just minutes from downtown Tryon, NC and Landrum, SC. This is a good one!

Last Agent to Sell the Property

Linda Tinkler

Town & Country Realty of the Carolinas Brokerage Email: linda@lookingglassrealty.com License #279635 Listed on: 01/04/2024

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 26'x57'
  • Waterfront
  • Partially Fenced Property
  • Wood Fence
  • Property is zoned R-7.5

Property Views

  • Water
  • Mountain

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Storage
  • Basement

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • On-Street Parking
  • 2 Open Parking Spaces
  • Parking Lot

Outdoor Features

  • Access To Lake
  • Boat Lift
  • Boathouse
  • Deck
  • Patio
  • Front Porch

Schools

  • Op Earl Elementary School
  • Landrum Middle School
  • Landrum High School

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Electric Water Heater

Community Details

  • Lake Lanier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0624.01-03-008.04

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Year Built: 1948
  • Restrictions: Short Term Rental Allowed,Other - See Remarks
  • Restrictions Description: Lake Lanier Covenants
  • Road Surface Type: None, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 438.87
  • Geocode Confidence: High
  • Attribution Contact: linda@lookingglassrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Pillar/Post/Pier
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Split Bedroom, Storage, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 699
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
  • Other Equipment: Fuel Tank(s), Generator
  • Above Grade Finished Sq Ft: 699
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 438
  • Living Area: 1137
  • Bedroom Main: 1
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Fenced, Partial, Wood
  • View: Long Range, Mountain(s), Water, Year Round
  • Water Body Name: Lake Lanier
  • Waterfront Features: Boat House, Boat Lift, Boat Ramp – Community, Paddlesport Launch Site - Community
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: On Street, Parking Lot, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Other - See Remarks
  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Propane, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Lake Access
  • Senior Community: No

Schools

  • Middle Or Junior School: Landrum
  • HOA Subject To: None

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 0624.01-03-008.04
  • Lot Size: 26'x57'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-7.5

MLS Schools

  • Elementary School: OP Earl
  • High School: Landrum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 15, 2024
Sold by
Arbogast Douglas B and Thigpen Joshua C
Bought by
Pellegrino Kevin Robert and Wright Dawn Denise
Seller's Agent
Linda Tinkler
Town & Country Realty of the Carolinas
Buyer's Agent
Non Member
Canopy Administration
List Price
$499,000
Sold Price
$499,000
Views
35
Current Estimated Value
$477,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,784
Avg. Annual Appreciation
-0.08%

Purchase Details

Closed on
Sep 23, 2022
Sold by
Casey Burnett
Bought by
Arbogast Douglas B and Thigpen Joshua C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.44%

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 20, 2022
Sold by
Burnett Casey M
Bought by
Aborgast Douglas B and Thigpen Joshua C
Seller's Agent
Patty Korahais
OTHER
Buyer's Agent
Non-MLS Member
NON MEMBER
List Price
$405,000
Sold Price
$401,500
Premium/Discount to List
-$3,500
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 19, 2021
Sold by
Kooistra Paul and Kooistra Carol
Bought by
Burnett Casey M and Burnett Judith
Seller's Agent
Susan Jackson
Keller Williams Realty
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.99%
Original Mortgage
$211,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2007
Sold by
Helton William Bruce and Helton Brenda
Bought by
Kooistra Paul and Kooistra Carol

Purchase Details

Closed on
Apr 30, 2007
Sold by
Emil Carl Frey Jr D C Pa and Frey Emil Carl
Bought by
Helton William Bruce and Helton Brenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pellegrino Kevin Robert $499,000 None Listed On Document
Arbogast Douglas B $351,400 --
Aborgast Douglas B $401,500 Washburn Law Pllc
Burnett Casey M $235,000 None Available
Kooistra Paul $350,000 None Available
Helton William Bruce -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arbogast Douglas B $220,000
Previous Owner Burnett Casey M $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2024 02/16/24 Sold $499,000 0.0% $439 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $499,000 0.0% $439 / Sq Ft
01/11/2024 01/11/24 Off Market $499,000 -- --
01/04/2024 01/04/24 For Sale $499,000 +24.3% $439 / Sq Ft
07/07/2022 07/07/22 Sold $401,500 +0.6% $367 / Sq Ft View Prior Sale
06/11/2022 06/11/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $399,000 -1.5% $364 / Sq Ft
04/01/2022 04/01/22 For Sale $405,000 +72.3% $370 / Sq Ft
03/19/2021 03/19/21 Sold $235,000 -5.6% $235 / Sq Ft View Prior Sale
12/13/2020 12/13/20 Price Changed $249,000 -6.0% $249 / Sq Ft
11/02/2020 11/02/20 For Sale $265,000 -- $265 / 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 $7,714 $20,130 $3,160 $16,970
2023 $7,714 $20,130 $3,160 $16,970
2022 $5,776 $14,700 $1,440 $13,260
2021 $5,772 $14,700 $1,440 $13,260
2020 $5,477 $13,680 $1,180 $12,500
2019 $5,492 $13,680 $1,180 $12,500
2018 $5,486 $13,680 $1,180 $12,500
2017 $5,285 $13,680 $1,180 $12,500
2016 $5,242 $227,920 $19,600 $208,320
2015 $5,239 $227,920 $19,600 $208,320
2014 $5,287 $230,890 $19,600 $211,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4097707

Canopy MLS (Canopy Realtor® Association)

APN: 0624.01-03-008.04