NOT LISTED FOR SALE

486 Peaks Dr Lake Lure, NC 28746

Estimated Value: $614,000 - $926,000

3 Beds
3 Baths
2,759 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $320,000 $116 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,609/month

86 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Many Trees
  • Cathedral Ceiling
  • Corner Lot
  • Cabin

About This Home

As of June 2014

Exquisite views from this immaculately maintained log home located in The Peaks - just east of Lake Lure beach & activities. Professionally landscaped & perfectly situated on 3.12 acres. The home site is relatively flat with 2 acres across the road that is sloping which allows you to maintain your views. Home has quality fixtures & hardware inside & out, beautiful tile work in bathrooms, cool & inviting screened porch, abundant windows and more!

Last Agent to Sell the Property

Valerie Wrobel

Carolina Properties License #173359 Listed on: 03/06/2014

Last Buyer's Agent

Ken Jordan

Lake Guys Realty License #186726

Lake Guys Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,415

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Stone Siding
  • Log Siding

Interior Spaces

  • 3 Full Bathrooms
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Utilities

  • Well

Community Details

  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 1635189

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,415

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.91429
  • Ratio Close Price By Original Li: 0.85333
  • Ratio Current Price By Acre: 102564.10
  • Ratio Current Price By Sq Ft: 115.98
  • Year Built: 2005
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, g-Insulated Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Smoke Detector, Washer Connection, Electric Oven
  • Fireplace Description: Gas Unvented, Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Wood
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Sq Ft Basement: 1359
  • Main Level Sq Ft: 1400
  • Total Sq Ft: 2759
  • Sq Ft Unheated Basement: 51

Exterior Features

  • Construction: Log, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer, Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 325.00

Schools

  • Middle School: Lake Lure Classical Academy
  • High School: RS Central

Lot Info

  • Lot Features: Corner Lot, Mountain View, Trees, Year Round View
  • Lot Size Area: 3.120
  • Parcel Number: 1635189
  • Plat Reference Section Pages: 1019
  • Zoning Specification: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2014
Closed on
Jun 30, 2014
Sold by
King Fred
Bought by
Yates Marijo and Wieland David H
Seller's Agent
Valerie Wrobel
Carolina Properties
Buyer's Agent
Ken Jordan
Lake Guys Realty
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Current Estimated Value
$793,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$473,591
Avg. Annual Appreciation
8.86%
Original Mortgage
$243,200
Outstanding Balance
$137,902
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$686,713

Purchase Details

Closed on
Feb 28, 2011
Sold by
Smith David M and Smith Beverly C
Bought by
King Fred
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
Yates Marijo $320,000 None Available
King Fred $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yates Marijo $243,200
Previous Owner Smith David M $47,400
Previous Owner Smith David M $336,000
Previous Owner Smith David M $50,000
Previous Owner Smith David M $216,629
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $320,000 -14.7% $116 / Sq Ft
05/31/2014 05/31/14 Pending -- -- --
03/06/2014 03/06/14 For Sale $375,000 -- $136 / 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 $3,415 $615,900 $156,900 $459,000
2023 $2,674 $615,900 $156,900 $459,000
2022 $2,674 $374,900 $75,600 $299,300
2021 $2,651 $374,900 $75,600 $299,300
2020 $2,651 $374,900 $75,600 $299,300
2019 $2,643 $374,900 $75,600 $299,300
2018 $2,214 $306,100 $75,600 $230,500
2016 $2,162 $306,100 $75,600 $230,500
2013 -- $274,100 $75,600 $198,500
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Valerie Wrobel

    Carolina Properties

    (828) 429-3921

    9 in this area

    13 Total Sales

    Valerie Wrobel
    Section Image

  • K

    Buyer's Agent in 2014

    Ken Jordan

    Lake Guys Realty

    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARNCM557023

Canopy MLS (Canopy Realtor® Association)

APN: 1635189

North Carolina Rutherford County Lake Lure 28139

486 Peaks Dr, Lake Lure, NC

This home is located at 486 Peaks Dr, Lake Lure, NC 28746 since 06 March 2014 and is currently estimated at $793,591, approximately $287 per square foot. This property was built in 2005. 486 Peaks Dr is a home located in Rutherford County with nearby schools including Pinnacle Elementary School, R.S. Middle School, and R-S Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes