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178 Yacht Island Drive

178 Yacht Island Drive, Lake Lure, NC 28746
Property in Rutherford
Sold Mar 26, 2021
$800,000
$600,000 by Pnc Bank Na
Mortgage Due Apr 01, 2051
Sold Aug 04, 2011
$749,000
Local assessors in Lake Lure, NC have categorized 178 Yacht Island Drive as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 10,454 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 178 Yacht Island Drive has a total of 2,168 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of metal. Lots of wood siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on ventilation system for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 26, 2021 for $800,000. That's $369.00 per sqft. Prior to that sales transaction, the property was also sold in Aug 2, 2011 for $749,000. 178 Yacht Island Drive was last assessed in 2023. The total value of the property was assessed at $941,400. Specifically, the land the property is located on was valued at $401,600. While improvements on the property were assessed at a total of $539,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,977. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,168
  • Building Area: 2,168
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Ventilation system
  • Heating: Heat pump
  • Heated Square Feet: 2,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: YACHT CLUB ISLAND SUBDIVISION
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: YACHT CLUB ISLAND LO22 & 23 PL5-92

Ownership

  • Current Owner : THURMOND WESLEY S
  • Current Owner 2: THURMOND LAUREN S
  • Previous Owner : SHIPLEY LINDA
  • Previous Owner 2: FORD MICHAEL J
  • Owner Before Previous Owner: YACHT CLUB ISLAND LAKE HOUSE LLC

Neighborhood

  • School District Name: Rutherford County Schools
  • Census Tract: 960302

Zoning

  • Zoning: R1

Geography

  • District: 02
  • Parcel: 1640551
  • Lot: 22,23
  • Municipality: CHIMNEY ROCK
  • Latitude: 35.43
  • Longitude: -82.1923

    Address

  • Full Address: 178 Yacht Island Dr
  • Address - House Number: 178
  • Address - Street Name: Yacht Island
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Lake Lure
  • Carrier Code: R003
  • 4-Digit Zip Code: 9831
  • Zip Code: 28746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,977

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 924,538
  • High Value: 1,060,477
  • Low Value: 788,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $941,400
  • Market Land Value: $401,600
  • Market Improvement Value: $539,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $941,400
  • Assessed Land Value: $401,600
  • Assessed Improvements Value: $539,800

    Sales

  • Current Sale Contract Date: Mar 26, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11830466548
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 04, 2011
  • Previous Sale Contract Date: Aug 02, 2011
  • Previous Sale Amount: $749,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

About Lake Lure



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Frequently Asked Questions

What neighborhood is 178 Yacht Island Drive located in?
The 178 Yacht Island Drive is a located in the neighborhood of Rutherford in Lake Lure, Lake Lure.
What is the average sales price for listings in 178 Yacht Island Drive?
The average sales price for units in 178 Yacht Island Drive is $0 currently.

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