NOT LISTED FOR SALE

517 Pheasant St Lake Lure, NC 28746

Estimated Value: $330,000 - $527,000

2 Beds
2 Baths
1,048 Sq Ft
$372/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $325,000 $310 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,241/month

2 Days on Market

Highlights

  • Access To Lake
  • Open Floorplan
  • Private Lot
  • Gated Community
  • Deck
  • Wooded Lot

About This Home

As of August 2023

Find refuge in the coveted Riverbend at Lake Lure neighborhood in this quaint, private cabin in the woods. Enjoy all that Lake Lure has to offer from water skiing, Chimney Rock, the Blue Ridge Parkway and much more - it's only minutes away. Take in all that the exclusive and pristine Riverbend Community has to offer - two private lakes, a sandy beachfront, the Broad River and an outdoor pavilion for outdoor grilling, gravel roads and trails to explore. An outdoor enthusiast paradise with kayaking, canoeing, fishing and hiking opportunities behind the gates and beyond! Neighboring home with similar floor plan is a successful STR - around $175 nightly. Stay all year or offset your mortgage with rental income! *Buyer to verify. See following link for information on getting out on Lake Lure: https://www.townoflakelure.com/parksreclak/page/getting-out-lake-lure
*Multiple Offers received - Offers will be reviewed Sunday, July 16 at 12:00 noon in order to give interested parties time to show

Last Agent to Sell the Property

Jeff Stewart

Unique: A Real Estate Collective License #264194 Listed on: 07/13/2023

Co-Listed By

Nan Kramer

Town and Mountain Realty License #315880

Last Buyer's Agent

Isaiah Iventosch

EXP Realty LLC License #332798

EXP Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Private Lot
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Washer and Dryer

Outdoor Features

  • Access To Lake
  • Deck
  • Fire Pit
  • Rear Porch

Schools

  • Pinnacle Elementary School
  • R-S Middle School
  • R-S Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0652-61-8439

Community Details

Overview

  • Town And Country Property Management Association, Phone Number (864) 388-4000
  • Riverbend At Lake Lure Subdivision
  • Mandatory home owners association

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Year Built: 2009
  • Restrictions: Architectural Review,Building,Other - See Remarks
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 310.11
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1048
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1048
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1048
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • Water Body Name: Little Mirror Lake
  • Waterfront Features: Beach - Public, Other - See Remarks
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Picnic Area
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Town and Country Property Management
  • Phone: 864-388-4000
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@tcgrd.com

Association/Amenities

  • Association Annual Expense: 500.00

Schools

  • Middle Or Junior School: R-S Middle
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 0652-61-8439
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Pinnacle
  • High School: R-S Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 17, 2023
Sold by
Clark Gabriela and Clark Cody
Bought by
Sulva Marcus and Sulva Danielle
Seller's Agent
Jeff Stewart
Unique: A Real Estate Collective
Buyer's Agent
Isaiah Iventosch
EXP Realty LLC
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%
Views
111
Current Estimated Value
$389,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,917
Avg. Annual Appreciation
7.95%
Original Mortgage
$218,000
Outstanding Balance
$212,110
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$177,807

Purchase Details

Closed on
Mar 12, 2020
Sold by
Richardson Lawrence B and Richardson Debra L
Bought by
Clark Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,040
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Townsend Neil A and Townsend Patricia Ann
Bought by
Richardson Lawrence B and Richardson Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2008
Sold by
Williamson Maxine Alexander and Williamson Ronald Alexander
Bought by
Townsend Neil A
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
Sulva Marcus $325,000 None Listed On Document
Clark Gabriela $202,000 None Available
Richardson Lawrence B $130,000 --
Townsend Neil A $10,000 V
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sulva Marcus $218,000
Previous Owner Clark Gabriela $204,040
Previous Owner Richardson Lawrence B $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2023 08/17/23 Sold $325,000 +3.2% $310 / Sq Ft
07/13/2023 07/13/23 For Sale $315,000 +55.9% $301 / Sq Ft
05/13/2020 05/13/20 Sold $202,000 -1.5% $200 / Sq Ft View Prior Sale
02/09/2020 02/09/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $205,000 -- $203 / 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 $1,888 $306,600 $75,000 $231,600
2024 $1,627 $306,600 $75,000 $231,600
2023 $843 $264,300 $75,000 $189,300
2022 $843 $124,300 $20,000 $104,300
2021 $837 $124,300 $20,000 $104,300
2020 $831 $123,400 $20,000 $103,400
2019 $823 $123,400 $20,000 $103,400
2018 $795 $117,500 $20,000 $97,500
2016 $784 $117,500 $20,000 $97,500
2013 -- $117,500 $20,000 $97,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4048058

Canopy MLS (Canopy Realtor® Association)

APN: 1611579