NOT LISTED FOR SALE

500 Quail Ridge Rd Lake Lure, NC 28746

Estimated Value: $398,386 - $520,000

3 Beds
2 Baths
1,573 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $325,000 $207 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,876/month

72 Days on Market

Highlights

  • Assigned Boat Slip
  • Community Cabanas
  • Rooftop Deck
  • Golf Course Community
  • Fitness Center
  • Clubhouse

About This Home

As of December 2022

Nestled in the woods at Rumbling Bald on Lake Lure, this well-maintained cottage has everything you need for a mountain getaway or permanent residence. Located a little over a mile from pools, restaurants, beach, and golf. The covered porch allows quiet rocking time while viewing wildlife. The spacious interior has a living room, plus a fully enclosed comfortable sunroom that can be easily accessed from the roomy kitchen. This bright and airy room offers an additional 255 square feet that stays cool in the summer and can be easily heated in the winter. Three bedrooms and two full baths compliment main floor living. A two-car garage and ample storage space offer comfortable living at every turn. Plenty of level ground and lots of shade outdoors to create a stunning backyard oasis.

Last Agent to Sell the Property

Thomas McKay

Pinnacle Sothebys International Realty Brokerage Email: tom@pinnaclesir.com Listed on: 09/13/2022

Pinnacle Sothebys International Realty

Last Buyer's Agent

Scott Martin

Bach Real Estate LLC License #336644

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 2001

Lot Details

  • 0.4 Acre Lot
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-3

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,573 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Assigned Boat Slip
  • Covered Patio or Porch
  • Fire Pit

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1600625

Community Details

Overview

  • Rumbling Bald On Lake Lure Association, Phone Number (828) 625-3090
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Picnic Area
  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Indoor Pool
  • Community Spa
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,841

Year Built

Built in 2001

Lot Details

0

HOA Fees

$321 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2001
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Allowed,Short Term Rental Allowed,Signage,Subdivision
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 206.61
  • Attribution Contact: tom@pinnaclesir.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Carpet, Laminate, Linoleum, Tile
  • Interior Amenities: Attic Stairs Pulldown, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1573
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1573
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Gas Log, Living Room
  • Living Area: 1573
  • Bedroom Main: 3
  • Room Count: 8
  • Sq Ft Other: 255

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: Beach - Public, Boat Slip (Lease/License), Boat Slip – Community, Lake
  • Exclusions: None
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 537
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Security: Security Service
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Underground Power Lines
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Business Center, Cabana, Clubhouse, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Picnic Area, Playground, Recreation Area, Rooftop Terrace, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 3854
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Quail Cove
  • Association Name: Rumbling Bald On Lake Lure
  • Phone: 828-625-3090
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: Tkennedy@rumblingbald.com

Association/Amenities

  • Association Annual Expense: 3854.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Area: 0.4
  • Lot Size Units: Acres
  • Parcel Number: 1600625
  • Zoning: R-3
  • Plat Book Slide: 11/104
  • Plat Reference Section Pages: 11/104
  • Development Status: Completed
  • Lot Size Acres: 0.4
  • Lot Size: See Plat
  • Lot Size Sq Ft: 17424
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2001
Bought by
Fike Harold R and Fike Helen G
Current Estimated Value
$435,097
Source: Public Records

Range of Values:

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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
Fike Harold R $158,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $325,000 -17.7% $207 / Sq Ft
10/31/2022 10/31/22 Price Changed $395,000 -14.0% $251 / Sq Ft
09/28/2022 09/28/22 Price Changed $459,500 -7.2% $292 / Sq Ft
09/13/2022 09/13/22 For Sale $495,000 -- $315 / 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 $2,841 $344,800 $75,000 $269,800
2024 $2,795 $344,800 $75,000 $269,800
2023 $2,534 $344,800 $75,000 $269,800
2022 $2,534 $224,100 $50,000 $174,100
2021 $2,536 $224,100 $50,000 $174,100
2020 $2,287 $224,100 $50,000 $174,100
2019 $2,145 $224,100 $50,000 $174,100
2018 $1,910 $197,500 $30,000 $167,500
2016 $1,744 $197,500 $30,000 $167,500
2013 -- $178,500 $30,000 $148,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904050

Canopy MLS (Canopy Realtor® Association)

APN: 1600625