NOT LISTED FOR SALE

61 Lake Cove Rd Flat Rock, NC 28731

Estimated Value: $468,598 - $520,000

2 Beds
2 Baths
1,286 Sq Ft
$381/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $385,000 $299 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,126/month

2 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2021

The Banning Court in Exclusive Southlake @ Award Winning Community Highland Lake Village! A one of a kind 2/2 Southern Living Home plan on private drive on the lakes edge. Full water/lake view. Finishes include wood, tile and upgraded carpet floors, maple cabinets, screened porch, fireplace, pre-wired for flat panel TV electronics, lots of recessed lighting, Instant HWH, Energy Star Certified and more! All this with a Lake View!!! Home Inspection, Survey all on file.

Last Agent to Sell the Property

Steve Collins

Highland Lake Properties, LLC Brokerage Email: steve@highlandlake.net License #199600 Listed on: 04/09/2021

Last Buyer's Agent

Julie Mallett

Allen Tate/Beverly-Hanks Hendersonville License #106080

Allen Tate/Beverly-Hanks Hendersonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,671

Year Built

  • Built in 2010

Lot Details

  • 4,791 Sq Ft Lot
  • Front Green Space
  • Corner Lot
  • Wooded Lot
  • Property is zoned PMUD, RC

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Home Design

  • Bungalow

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room with Fireplace
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Hillandale Elementary School
  • Flat Rock Middle School
  • East Henderson High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Ipm Association, Phone Number (828) 650-6875
  • Secondary HOA Phone (828) 692-1359
  • Highland Lake Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 9577545692

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,671

Year Built

Built in 2010

Lot Details

0

HOA Fees

$140 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 2010
  • Restrictions: Architectural Review,Deed,Short Term Rental Allowed
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 299.38
  • Attribution Contact: steve@highlandlake.net
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1286
  • 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, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Above Grade Finished Sq Ft: 1286
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Vented, Great Room
  • Living Area: 1286
  • Window Features: Window Treatments
  • Bedroom Main: 2
  • Room Count: 8
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Waterfront Elevation: 2000
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Porch, Screened, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached Garage, Shared Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 420
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association: Self Managed
  • Association Name: IPM
  • Association Phone #2: 828-692-1359
  • Phone: 828-650-6875
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Flat Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Green Area, Wooded
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Parcel Number: 9577545692
  • Zoning: RC
  • Plat Book Slide: 7839
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PMUD

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Hillandale
  • High School: East Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 20, 2021
Sold by
Newsome Tracy L and Newsome Patricia S
Bought by
Kimberly Ann Kelly Revocable Trust
Seller's Agent
Steve Collins
Highland Lake Properties, LLC
Buyer's Agent
Julie Mallett
Allen Tate/Beverly-Hanks Hendersonville
List Price
$384,900
Sold Price
$385,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$519,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,975
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Nov 2, 2020
Sold by
Locke Gordon P and Waclawczyk Chad
Bought by
Newsome Tracy L and Newsome Patricia S

Purchase Details

Closed on
Apr 19, 2012
Sold by
Locke Gladys
Bought by
Locke Gordon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.96%
Mortgage Type
Cash

Purchase Details

Closed on
Apr 15, 2011
Bought by
Locke Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.83%
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
Kimberly Ann Kelly Revocable Trust $385,000 None Available
Newsome Tracy L $315,000 None Available
Locke Gordon -- --
Locke Gladys $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimberly Ann Kelly Revocable T $250,000
Previous Owner Locke Gordon $204,000
Previous Owner Locke Gladys $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $385,000 0.0% $299 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $384,900 -- $299 / 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 $1,671 $387,700 $85,000 $302,700
2024 $1,671 $387,700 $85,000 $302,700
2023 $1,671 $387,700 $85,000 $302,700
2022 $1,564 $278,800 $85,000 $193,800
2021 $1,564 $278,800 $85,000 $193,800
2020 $1,564 $278,800 $0 $0
2019 $1,564 $278,800 $0 $0
2018 $1,453 $257,200 $0 $0
2017 $1,453 $257,200 $0 $0
2016 $1,453 $257,200 $0 $0
2015 -- $257,200 $0 $0
2014 -- $259,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3727664

Canopy MLS (Canopy Realtor® Association)

APN: 1012294