NOT LISTED FOR SALE

Lot 205 Weaver Ln Lake Lure, NC 28746

Estimated Value: $92,000 - $431,000

-- Bed
-- Bath
-- Sq Ft
0.55 Acres

Last Sold March 20, 2023

Last sale price $1

Est. 26,149,900% increase in value since last sale

Current estimated payment $1,711/month

140 Days on Market

Highlights

  • Assigned Boat Slip
  • Fitness Center
  • RV or Boat Storage in Community
  • Golf Course Community
  • Rooftop Deck
  • Clubhouse

About This Home

As of March 2023

MOTIVATED SELLER! Priced at One Dollar. Beautiful Building Lot in Rumbling Bald On Lake Lure. You will enjoy a resort style community with three swimming pools, two championship golf courses, four lighted tennis courts, walking trail, and three restaurants. Easy access paved road. Just minutes to Chimney Rock, The Tryon International Equisetin Center, Asheville, and Hendersonville. Build your vacation home, Rental/Investment home or permeant retirement home. Build now or any time in the future. Visit https://rumblingbald.com/living-here/governance-information/ for covenants and restrictions. POA fees are $3,199.00 per year.

Last Agent to Sell the Property

Mary Williams

Allen Tate/Beverly-Hanks, Lake Lure License #208124 Listed on: 10/06/2022

Last Buyer's Agent

Paul Watler

Allen Tate/Beverly-Hanks, Lake Lure License #326484

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $61

Lot Details

  • 0.55 Acre Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $245 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Community Well
  • Septic Needed
  • Fiber Optics Available

Additional Features

  • Crawl Space
  • Assigned Boat Slip

Listing and Financial Details

  • Assessor Parcel Number 232178

Community Details

Overview

  • Rumbling Bald Association, Phone Number (828) 694-3090
  • Rumbling Bald On Lake Lure Subdivision
  • Mandatory home owners association

Amenities

  • Rooftop Deck
  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Putting Green
  • Dog Park
  • Trails

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$61

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Community
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Possible Use: Residential
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Construction Type: Off Frame Modular
  • View: Winter
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Boat Slip – Community, Boat Slip (Lease/License), Lake
  • Waterfront Elevation: 1000
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Security: Security Service
  • Utilities: Electricity Connected, Fiber Optics, Phone Connected, Underground Utilities
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, Rooftop Terrace, RV/Boat Storage, Sauna, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 2943
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Rumbling Bald
  • Phone: 828-694-3090
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 2943.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Wooded
  • Lot Size Area: 0.55
  • Lot Size Units: Acres
  • Parcel Number: 232178
  • Zoning: R-3
  • Plat Book Slide: 11/100
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 11/100
  • Cleared Acres: 0.00
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23958
  • Wooded Area: 0.55
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Mar 20, 2023
Sold by
Hovde Jayashree and Hovde Donald
Bought by
Nc Development Group Llc
Seller's Agent
Mary Williams
Allen Tate/Beverly-Hanks, Lake Lure
Buyer's Agent
Paul Watler
Allen Tate/Beverly-Hanks, Lake Lure
List Price
$5,000
Sold Price
$1
Premium/Discount to List
-$4,999
-99.98%
Total Days on Market
140
Views
151
Current Estimated Value
$261,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,499
Avg. Annual Appreciation
26112.84%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Bandi Pavn R
Bought by
Hovde Jayashree and Venkatesh Jayashree

Purchase Details

Closed on
Oct 24, 2006
Sold by
Cosentino Richard
Bought by
Bandi Pavan R and Venkatesh Jayashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
6.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 6, 2006
Sold by
Thomasson Luther Quentin and Thomasson Jean P
Bought by
Cosentino Richard and Cosentino William
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
Nc Development Group Llc $500 --
Hovde Jayashree -- None Available
Bandi Pavan R $40,000 None Available
Cosentino Richard $20,500 Not Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bandi Pavan R $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $1 0.0% --
02/16/2023 02/16/23 Price Changed $1 -100.0% --
02/10/2023 02/10/23 Price Changed $2,500 -50.0% --
10/06/2022 10/06/22 For Sale $5,000 -- --
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 $61 $7,500 $7,500 $0
2023 $56 $7,500 $7,500 $0
2022 $6 $5,000 $5,000 $0
2021 $6 $5,000 $5,000 $0
2020 $51 $5,000 $5,000 $0
2019 $48 $5,000 $5,000 $0
2018 $87 $9,000 $9,000 $0
2016 $79 $9,000 $9,000 $0
2013 -- $8,100 $8,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3911022

Canopy MLS (Canopy Realtor® Association)

APN: 232178