NOT LISTED FOR SALE

63 Echo Lake Dr Fairview, NC 28730

Estimated Value: $622,000 - $847,000

4 Beds
3.5 Baths
2,237 Sq Ft
$330/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $510,000 $228 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,263/month

1 Day on Market

Highlights

  • Community Lake
  • Wood Flooring
  • Level Lot
  • Fairview Elementary School Rated A-
  • Home fronts a stream
  • Cabin

About This Home

As of May 2021

Offering the tranquil waters of a beautiful lake, yet perfectly positioned to capture peaceful views of the mountains, 63 Echo Lake is a home designed for sharing with family and friends! Inside, past the hallway entry, the family room showcases the view through walls of windows. This room features a rustic stone fireplace with wood flooring and flows to the dining area. A glass door leads to the wide lakeside deck. The full galley kitchen with eat-in area showcases new cabinetry, stainless appliances with gas cooktop range, and new tile accents. A lower-level family room, bedroom, bath, and patio frames the lake through the deck supports. Two spacious bedrooms and a bathroom on the upper level and one with captivating lake views complete this beautiful, peaceful lakeside retreat! Owners currently rent the lower level with separate entrance for vacation rental.

Last Agent to Sell the Property

Pam Davis

Keller Williams Professionals License #282911 Listed on: 04/07/2021

Keller Williams Professionals

Last Buyer's Agent

Peter Lorenz

Keller Williams Professionals License #281872

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • Home fronts a stream
  • Level Lot

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Stone Siding

Interior Spaces

  • Gas Log Fireplace

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Echo Lakefront Homes Association, Phone Number (828) 628-1811
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 0607-80-5025-00000

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.00196
  • Ratio Close Price By Original Li: 1.00196
  • Ratio Current Price By Acre: 772727.27
  • Ratio Current Price By Sq Ft: 227.98
  • Special Assessment Description: Lake Repair
  • Special Assessment Yn: Yes
  • Year Built: 1971
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 476
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Dryer, Electric Oven, Ice Maker Connection, Microwave, Radon Mitigation System, Refrigerator, Self Cleaning Oven
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 828-628-1811
  • Interior Amenities: Cable Available
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 668
  • Main Level Sq Ft: 1093
  • Total Sq Ft: 2237

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car, Driveway

Utilities

  • Heating: Ductless/Mini-Split System, Electric Baseboard Heat, Wall Unit - AC
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Echo Lakefront Homes
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake, Lake Access, Level, Mountain View, Stream/Creek, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.660
  • Parcel Number: 0607-80-5025-00000
  • Zoning Specification: RES

Tax Info

  • Tax Value: 317600.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
May 12, 2021
Sold by
Sotriffer Peter and Sotriffer Linda H
Bought by
Broberg Sarah and Hankins Timothy
Seller's Agent
Pam Davis
Keller Williams Professionals
Buyer's Agent
Peter Lorenz
Keller Williams Professionals
List Price
$509,000
Sold Price
$510,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$737,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,751
Avg. Annual Appreciation
8.99%
Original Mortgage
$433,500
Outstanding Balance
$393,693
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$344,058

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 26, 2016
Sold by
Kovacs Karen S
Bought by
Sotriffer Peter and Sotriffer Linda H
Seller's Agent
Scott Browne
Keller Williams Professionals
Buyer's Agent
Cheri Swigart
Stone Mountain Invest Corp
List Price
$325,000
Sold Price
$322,500
Premium/Discount to List
-$2,500
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$255,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 22, 2016
Sold by
Stockton John D
Bought by
Kovacs Karen S and The John D Stockton Jr Weslth Defender T
Seller's Agent
Scott Browne
Keller Williams Professionals
Buyer's Agent
Cheri Swigart
Stone Mountain Invest Corp
List Price
$325,000
Sold Price
$322,500
Premium/Discount to List
-$2,500
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Interest Rate
3.42%
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
Broberg Sarah $510,000 None Available
Sotriffer Peter $323,000 None Available
Kovacs Karen S -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broberg Sarah $433,500
Previous Owner Sotriffer Peter $263,000
Previous Owner Sotriffer Peter $263,000
Previous Owner Sotriffer Peter $255,200
Previous Owner Stockton John D $300,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $510,000 +0.2% $228 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $509,000 +57.8% $228 / Sq Ft
08/26/2016 08/26/16 Sold $322,500 -0.8% $144 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $325,000 -- $145 / 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 $3,100 $472,600 $71,700 $400,900
2023 $3,100 $472,600 $71,700 $400,900
2022 $2,960 $472,600 $0 $0
2021 $2,172 $346,800 $0 $0
2020 $2,157 $317,600 $0 $0
2019 $2,157 $317,600 $0 $0
2018 $2,127 $313,200 $0 $0
2017 $2,158 $181,300 $0 $0
2016 $1,367 $181,300 $0 $0
2015 $1,367 $181,300 $0 $0
2014 $1,349 $181,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3726612

Canopy MLS (Canopy Realtor® Association)

APN: 0607-80-5025-00000