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216 Yacht Island Drive

216 Yacht Island Drive, Lake Lure, NC 28746
Property in Rutherford
Sold Dec 28, 2010
$623,000
$398,725 by Branch Banking And Trust Co
Mortgage Due Jan 01, 2041
216 Yacht Island Drive has been categorized by the local assessors in Lake Lure, NC as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 216 Yacht Island Drive has 1,717 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a screened porch. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a partial air conditioning at the moment. In terms of heating, it is utilizing electric heaters. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 216 Yacht Island Drive sold most recently in Dec 20, 2010 for a total of $623,000. If you work out the math, that's approximately a cost of $362.84 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,534 in taxes each year. 216 Yacht Island Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $763,500. If we break it down further, the land itself was valued at $450,000. Improvements to the property, however, were assessed at a total of $313,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 1,493
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,717
  • Building Area: 1,717
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Partial air conditioning
  • Heating: Electric
  • Heated Square Feet: 1,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION OF YACHT CLUB ISLAND
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GPIN:0642129614710000; 25 & RES YACHT ISLAND

Ownership

  • Current Owner : ROYSTER DAVID W
  • Current Owner 2: ROYSTER SALLY H
  • Previous Owner : ROYSTER DAVID W
  • Previous Owner 2: ROACH MARY LYNN R
  • Owner Generation Identifier: III

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 02
  • Parcel: 231526
  • Municipality: CHIMNEY ROCK
  • Latitude: 35.4291
  • Longitude: -82.1924

    Address

  • Full Address: 216 Yacht Island Dr
  • Address - House Number: 216
  • Address - Street Name: Yacht Island
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Lake Lure
  • Zip Code: 28746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,534

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 745,039
  • High Value: 854,585
  • Low Value: 635,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $398,725
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: Dec 28, 2010
  • First Open Lien Mortgage Loan Amount: $398,725
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2041

    Market Valuation

  • Market Total Value: $763,500
  • Market Land Value: $450,000
  • Market Improvement Value: $313,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $763,500
  • Assessed Land Value: $450,000
  • Assessed Improvements Value: $313,500

    Sales

  • Current Sale Contract Date: Dec 20, 2010
  • Current Sale Recording Date: Dec 28, 2010
  • Current Sale Transaction ID: 1198111455
  • Current Sale Price: $623,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 201000006177

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: Dec 28, 2010
  • First Mortgage Loan Amount: $398,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Second
  • First Mortgage Loan Due Date: Jan 01, 2041

About Lake Lure



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Frequently Asked Questions

What neighborhood is 216 Yacht Island Drive located in?
The 216 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 216 Yacht Island Drive?
The average sales price for units in 216 Yacht Island Drive is $0 currently.

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