See Home Value
Lake Lure 28746
227 Picnic Point Road
$1,097,317*
House - Off Market

227 Picnic Point Road

Lake Lure, NC 28746
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2270 Sqft
$878,000 - $1,072,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 17, 2021
$965,000
$548,250 by Lendus, Llc
Mortgage Due Jun 01, 2051
Sold Nov 13, 2015
$740,000

About This Property

When a 1966 vintage lake cottage undergoes major renovation and rebuilding (2008), you get an awesome lake house that sits at water's edge! Park your car and board the "train" (aka tram) for a fun ride to the front door. Not your average floorplan, it doesn't take long to discover the abundant lakefront outdoor living space. Home features two master suites (gas fireplace in both) and a third en-suite bedroom. All living space is at lake level, so relax indoors or out, easy access to the kitchen and "facilities", sunbathe or jump off the deck atop the boathouse (deep water), chill on the screened deck off the main master, dine alfresco on the lower deck . . . One of the most fun homes in Lake Lure! Classic details, wood floors, luxury tiled bathrooms, modernized kitchen, wood floors. Low-maintenance Hardiplank siding and Trex decking leave time for enjoying boating, swimming and relaxing. All mechanicals and plumbing updated, new drainage systems. Too much to mention - schedule a showing to see for yourself!

The manager has listed the unit size as 2270 square feet.
Unit Size
2,270Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$430
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 17, 2021 Sold to Daniel Reed Margulies, Jody... $965,000
Sold to Daniel Reed Margulies, Jody...
Mar 26, 2021 In contract -
In contract
Jul 24, 2020 No longer available -
No longer available
Jul 22, 2020 Listed $975,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 598
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 1,672
  • Building Area: 1,672
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Ventilation system
  • Heating: Heat pump
  • Heated Square Feet: 1,672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: GARRETT HUMPHRIES
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: GPIN:0642169458270000; RES SURVEY: DB947 PG578

Ownership

  • Current Owner : DANIEL AND JODY MARGULIES TRUST
  • Previous Owner : IAIAIN CRAIG PRIOR REVOCABLE LIVING TRUS
  • Owner Before Previous Owner: HUMPHIRES GARRETT RYAN
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • District: 02
  • Parcel: 226033
  • Municipality: CHIMNEY ROCK
  • Latitude: 35.4249
  • Longitude: -82.1914

    Address

  • Full Address: 227 Picnic Point Rd
  • Address - House Number: 227
  • Address - Street Name: Picnic Point
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Lake Lure
  • Carrier Code: R003
  • 4-Digit Zip Code: 9829
  • Zip Code: 28746

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,547

    Appraisal Valuation

  • Standard Deviation: 0.147
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 70
  • Final Value: 792,922
  • High Value: 909,508
  • Low Value: 676,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: LENDUS, LLC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $881,100
  • Market Land Value: $427,500
  • Market Improvement Value: $453,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $881,100
  • Assessed Land Value: $427,500
  • Assessed Improvements Value: $453,600

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11836073595
  • Current Sale Price: $965,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 13, 2015
  • Previous Sale Contract Date: Nov 13, 2015
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENDUS, LLC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Lure


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Frequently Asked Questions

When was property at 227 Picnic Point Road built and last sold?
The property at 227 Picnic Point Road was built in 1966 and last sold on May 17, 2021 for $965,000.
How much is this home worth?
The estimated value of the home located at 227 Picnic Point Road is $968,616.
What are some comparable homes to 227 Picnic Point Road?
There are currently no comparable homes to 227 Picnic Point Road.

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