NOT LISTED FOR SALE

374 Peaks Dr Unit 22 Lake Lure, NC 28746

Estimated Value: $488,000 - $636,000

3.38 Acres
$160,619 Price per Acre
147,233 Sq Ft Lot

Last Sold April 26, 2022

Last sale price $50,000

Est. 986% increase in value since last sale

Current estimated payment $3,098/month

70 Days on Market

About This Lot

As of April 2022

Come see this rare combination of views and large building lot in the sought after community of Peaks at Lake Lure. To the North is Bald Mountain and the " Sleeping Lady ", and to the East is Sugarloaf Mountain and Hickory Nut Gorge. Easy paved access and convenience make it the perfect location for a full time residence, vacation home, or investment property. Close to grocery, medical, restaurants, and shopping in Chimney Rock Village. Recreational opportunities like hiking, biking, boating, fishing, golfing, and climbing are just around the corner from this prime location. There is an expired 4 BR septic and well permit.

Last Agent to Sell the Property

James Stoffer

Howard Hanna Beverly-Hanks, Lake Lure License #315422 Listed on: 02/15/2022

Last Buyer's Agent

Ken Jordan

Dwell Realty Group License #186726

Dwell Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,200

Lot Details

  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Recreational/2nd House, Residential

HOA Fees

  • $37 Monthly HOA Fees

Basement

  • Crawl Space

Schools

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

Utilities

  • Underground Utilities
  • Well Required
  • Septic Equal To The Number Of Bedrooms: 4
  • Septic Needed

Community Details

  • Bruce Rome Association, Phone Number (828) 625-2188
  • The Peaks At Lake Lure Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1635194

Property Details

Property Type

Land

Est. Annual Taxes

$2,200

Lot Details

0

HOA Fees

$37 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 14792.90
  • Restrictions: Architectural Review,Short Term Rental Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road, Private Maintained Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Waterfront Elevation: 1000

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 4
  • Utilities: Electricity Available, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 440
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bruce Rome
  • Phone: 828-625-2188
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Lake Lure Classical Academy
  • HOA Subject To: Required
  • HOA Email: romebl@aol.com

Lot Info

  • Lot Features: Long Range View, Mountain View, Paved, Sloped, Wooded, Views, Winter View, Wooded
  • Lot Size Area: 3.38
  • Lot Size Units: Acres
  • Parcel Number: 1635194
  • Out Buildings Yn: 0
  • Plat Book Slide: 24/89
  • Can Be Subdivided: 0
  • Zoning Description: R

Tax Info

  • RATIO List Price By Tax Amount: 1.15385

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

Closed on
Jul 7, 2015
Sold by
Williams Christopher Ford and Williams Lisa M
Bought by
Andersen Brian Scott and Andersen Gina Concetta
Current Estimated Value
$542,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2014
Sold by
Gilleland Ned E and Gilleland Roxanne M
Bought by
Williams Christopher Ford and Williams Lisa M

Purchase Details

Closed on
Nov 23, 2005
Sold by
Hubbell Charlotte Ann
Bought by
Williams Christopher Ford and Williams Lisa
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Andersen Brian Scott $40,000 None Available
Williams Christopher Ford -- None Available
Williams Christopher Ford $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Andersen Brian Scott $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $50,000 -4.8% --
02/15/2022 02/15/22 For Sale $52,500 -- --
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 $2,200 $364,600 $112,600 $252,000
2024 $2,092 $364,600 $112,600 $252,000
2023 $306 $60,100 $60,100 $0
2022 $306 $45,500 $45,500 $0
2021 $303 $45,500 $45,500 $0
2020 $303 $45,500 $45,500 $0
2019 $303 $45,500 $45,500 $0
2018 $314 $46,400 $46,400 $0
2016 $309 $46,400 $46,400 $0
2013 -- $46,400 $46,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3827528

Canopy MLS (Canopy Realtor® Association)

APN: 1635194