NOT LISTED FOR SALE

75 Echo Lake Dr Fairview, NC 28730

Estimated Value: $563,000 - $909,761

3 Beds
3 Baths
2,793 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $860,000 $308 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $4,161/month

5 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Laundry Room
  • Fairview Elementary School Rated A-
  • Traditional Architecture
  • 1-Story Property

About This Home

As of June 2023

The mountains frame the lake from most every viewpoint from this home on Echo Lake near Asheville NC. Offering three premier lake-front lots, a dock suitable for relaxing, swimming, or launching your canoe, this property is truly special. Pride in ownership stands out with many improvements and upgrades throughout. The home is built for entertaining and family gatherings with a full kitchen and family room on each level. The primary bedroom on main offers easy access, with two additional bedrooms/bathrooms on the lower level. Ample windows throughout offer an abundance of sunlight and tranquil lake views. This natural beauty within 20 minutes of Downtown Asheville is a must see!

Last Agent to Sell the Property

Andy Rogers

Keller Williams Professionals Brokerage Email: realestatewithrogers@gmail.com License #301420 Listed on: 05/18/2023

Keller Williams Professionals

Last Buyer's Agent

Nona Armour

Keller Williams Professionals License #172271

Keller Williams Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,888

Year Built

  • Built in 1971

Lot Details

  • 0.93

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Carport

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Finished Basement

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Fairview Elementary School
  • Cane Creek Middle School
  • Ac Reynolds High School

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Additional Features

  • Access To Lake
  • Property is zoned OU

Community Details

  • Echo Lake Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 0606-89-2928-00000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,888

Year Built

Built in 1971

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1971
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 307.91
  • Geocode Confidence: High
  • Attribution Contact: realestatewithrogers@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1419
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Above Grade Finished Sq Ft: 1419
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1374
  • Living Area: 2793
  • Bedroom Main: 1
  • Room Count: 12
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Wood
  • Construction Type: Site Built
  • View: Mountain(s), Water, Year Round
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Heating: Baseboard, Ductless, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ductless, Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: Cane Creek
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 0606-89-2928-00000
  • Zoning: OU
  • Plat Book Slide: 0000-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OU

MLS Schools

  • Elementary School: Fairview
  • High School: AC Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 22, 2023
Sold by
Price Rodney F and Price Teri Lynn
Bought by
Lee Andrew B and Lee Naomi R
Seller's Agent
Andy Rogers
Keller Williams Professionals
Buyer's Agent
Nona Armour
Keller Williams Professionals
List Price
$845,000
Sold Price
$860,000
Premium/Discount to List
$15,000
1.78%
Views
23
Current Estimated Value
$731,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,310
Avg. Annual Appreciation
-7.21%
Original Mortgage
$688,000
Outstanding Balance
$665,349
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$66,341
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
Lee Andrew B $860,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Andrew B $688,000
Previous Owner Price Rodney F $405,000
Previous Owner Price Fred H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $860,000 +1.8% $308 / Sq Ft
05/18/2023 05/18/23 For Sale $845,000 -- $303 / 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 $1,888 $287,800 $33,600 $254,200
2023 $1,888 $205,900 $32,800 $173,100
2022 $1,290 $205,900 $0 $0
2021 $1,290 $205,900 $0 $0
2020 $1,232 $181,400 $0 $0
2019 $1,232 $181,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4030641

Canopy MLS (Canopy Realtor® Association)

APN: 0606-89-2928-00000