NOT LISTED FOR SALE

430 Brooks Lake Rd Rutherfordton, NC 28139

Estimated Value: $228,000 - $313,000

1 Bed
1 Bath
1,153 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $170,000 $147 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,497/month

185 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Storm Doors

About This Home

As of January 2017

THE HOUSE IS A NEAT COTTAGE WITH A LOFT FOR ADDITIONAL SLEEPING SPACE. THERE IS A BEDROOM ON THE MAIN LEVEL. THE OWNER HAS BUILT ON A SUN ROOM TO THE BACK OVER LOOKING THE LAKE. THE LAKE HAS A SMALL BOATHOUSE AND A DOCK TO FISH OFF OF. THERE IS A DETACHED DOUBLE GARAGE. THE LAKE IS WELL STOCKED AND FISHING IS GOOD. THE SYSTEMS HAVE BEEN REPLACED RECENTLY. THIS PROPERTY CONSISTS OF TWO LAKE FRONT LOTS!

Last Agent to Sell the Property

Brent Washburn

Washburn Real Estate, Inc. License #95907 Listed on: 05/09/2016

Last Buyer's Agent

Brent Washburn

Washburn Real Estate, Inc. License #95907 Listed on: 05/09/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1 Full Bathroom
  • Insulated Windows
  • Crawl Space
  • Storm Doors

Utilities

  • Heating System Uses Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 1607041 & 1608538

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.89521
  • Ratio Close Price By Original Li: 0.75556
  • Ratio Current Price By Acre: 111842.11
  • Ratio Current Price By Sq Ft: 147.44
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Upper Level Sq Ft: 169
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 1
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Refrigerator, Electric Oven
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 984
  • Total Sq Ft: 1153
  • Sq Ft Unheated Basement: 292
  • Sq Ft Unheated Total: 292

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Propane
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Pinnacle
  • Middle School: RS
  • High School: RS Central

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 1.520
  • Parcel Number: 1607041 & 1608538
  • Plat Reference Section Pages: 291-293

Tax Info

  • Tax Value: 165700.00
  • Tax Amount Ncm: 1241.79
  • Tax Location: Rutherford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2018
Sold by
Baughman John Franklin
Bought by
Macdonlad Crystal J
Current Estimated Value
$261,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$74,767
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$186,778

Purchase Details

Listed on
May 9, 2016
Closed on
Jan 27, 2017
Sold by
Heflin Ronald S
Bought by
Baughman John Farnklin
Seller's Agent
Brent Washburn
Washburn Real Estate, Inc.
Buyer's Agent
Brent Washburn
Washburn Real Estate, Inc.
List Price
$225,000
Sold Price
$170,000
Premium/Discount to List
-$55,000
-24.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$163,922
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Closed on
Apr 15, 2010
Sold by
Fraysier John A and Fraysier Paula D
Bought by
Holt Dennis Hunter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
4.94%
Mortgage Type
New Conventional
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
Macdonlad Crystal J $157,500 None Available
Baughman John Farnklin $170,000 None Available
Holt Dennis Hunter $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonlad Crystal J $126,000
Previous Owner Baughman John Farnklin $163,922
Previous Owner Holt Dennis Hunter $111,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $170,000 -24.4% $147 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $225,000 -- $195 / 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 $1,346 $204,300 $30,000 $174,300
2024 $1,279 $204,300 $30,000 $174,300
2023 $978 $204,300 $30,000 $174,300
2022 $978 $119,800 $30,000 $89,800
2021 $949 $119,800 $30,000 $89,800
2020 $949 $119,800 $30,000 $89,800
2019 $941 $119,800 $30,000 $89,800
2018 $972 $122,600 $30,000 $92,600
2016 $950 $122,600 $30,000 $92,600
2013 -- $99,900 $30,000 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3175455

Canopy MLS (Canopy Realtor® Association)

APN: 1608538