NOT LISTED FOR SALE

Estimated Value: $661,812

3 Beds
2 Baths
384 Sq Ft
$1,723/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $480,000 $1,250 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,711/month

2 Days on Market

Highlights

  • Docks
  • 2.29 Acre Lot
  • Deck
  • Lake View
  • Community Lake
  • Wooded Lot

About This Home

As of October 2020

Unique property on Bear Creek Lake in the Nantahala National Forest. Once the Bear Lake Reserve office location, then transformed into the "Laughing Trout Pavilion". Recreational Pavilion with full kitchen with granite countertops, custom cabinets, upgraded appliances and washer/dryer, 2 finished baths with ceramic tile, granite and river stone shower floors. Open Timber Frame Construction with cathedral ceilings. Large stacked Stone wood burning fireplace. Seller has plans to convert and renovate for finished home. Build your own home, use the Pavilion as it exist. Former Yurts were leased, platforms still exist. Shared road easement with neighboring peninsula. Private dock and lake access. No boating restrictions, Public Lake, great fishing and water FUN! Call today to see one of the best spots in WNC!

Last Agent to Sell the Property

Bernard Gilchrist

Sundog Realty Brokerage Phone: 8286316237 Listed on: 09/21/2020

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,286

Year Built

  • Built in 2008

Lot Details

  • 2.29 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $708 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Stone Fireplace
  • Lake Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Tile

Outdoor Features

  • Docks
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 7586-68-8061

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,286

Year Built

Built in 2008

Lot Details

0

HOA Fees

$708 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.29
  • Water Body Name: Bear Lake
  • Subdivision Name: None
  • Directions: From Sylva, follow HWY 107 to HWY 281, turn left and follow 3 miles to Bear Lake Road, turn right and follow to Public Boat Ramp. Driveway on the right as you enter. Locked Gate.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2008
  • Attribution Contact: 8286316237
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Concrete, Tile
  • Interior Amenities: Cathedral Ceiling(s), Other, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Rolling Slope, Wooded
  • View: Lake
  • View: Yes
  • Construction Type: Frame, Log Siding, Stone, Wood Siding
  • Exterior Features: Dock, Other
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Satellite Internet Available
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 8496.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 99752.4
  • Parcel #: 7586-68-8061
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 2285.61
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 23, 2020
Sold by
Sundog Commercial Properties Llc
Bought by
Vajen Thomas R and Piazza Marcia A
Seller's Agent
Bernard Gilchrist
Sundog Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%
Total Days on Market
2
Current Estimated Value
$661,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,812
Avg. Annual Appreciation
7.25%
Original Mortgage
$280,000
Outstanding Balance
$74,464
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$587,348

Purchase Details

Closed on
Dec 21, 2017
Sold by
Sun Dog Club 1 Llc
Bought by
Sundog Commercial Properties Llc

Purchase Details

Closed on
Sep 20, 2007
Sold by
Centex Homes
Bought by
Sun Dog Club 1 Llc
Source: Public Records

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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
Vajen Thomas R $480,000 None Available
Sundog Commercial Properties Llc -- None Available
Sun Dog Club 1 Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vajen Thomas R $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $480,000 0.0% $1,250 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $479,900 -- $1,250 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

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 $3,580 $942,050 $375,000 $567,050
2023 $3,775 $942,050 $375,000 $567,050
2022 $3,064 $748,220 $375,000 $373,220
2021 $1,843 $484,980 $375,000 $109,980
2020 $2,286 $587,530 $453,420 $134,110
2019 $2,286 $587,530 $453,420 $134,110
2018 $2,286 $587,530 $453,420 $134,110
2017 $2,227 $587,530 $453,420 $134,110
2015 $1,640 $587,530 $453,420 $134,110
2011 -- $566,810 $407,620 $159,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 94752

APN: 7586-68-8061