NOT LISTED FOR SALE

112 Sierra Place Chimney Rock, NC 28720

Estimated Value: $357,000 - $384,000

2 Beds
1 Bath
576 Sq Ft
$644/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $320,000 $556 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,187/month

19 Days on Market

Highlights

  • Spa
  • Wooded Lot
  • Wood Flooring
  • Community Lake
  • Cathedral Ceiling
  • Recreation Facilities

About This Home

As of November 2021

Don't miss this chance to purchase this truly unique log cabin with a colorful history.
Originally a school house built in South Carolina, it was disassembled, log by log and reassembled in 1954 at its current location in Chimney Rock.
Another bedroom, bath and kitchen area was then added along with a front and rear covered porch. Enjoy the hot tub in the back yard while watching the fire from the firepit and listen to the river down below. (across the street)
A turn key, fully furnished cottage with a great rental history. (30k projected in 2021)
Check out the great reviews in AirBNB for "Cabin on the Rocks"

Last Listed By

Don Ferrell

Allen Tate/Beverly-Hanks, Lake Lure License #312854 Listed on: 09/17/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 8,712

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 1 Full Bathroom
  • Cathedral Ceiling
  • Crawl Space

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Spa
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 231224

Community Details

Overview

  • Community Lake

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.91691
  • Ratio Close Price By Original Li: 0.91691
  • Ratio Current Price By Acre: 1600000.00
  • Ratio Current Price By Sq Ft: 555.56
  • Year Built: 1929
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Dishwasher, Dryer, Electric Oven, Electric Range, Freezer, Microwave, Refrigerator, Washer
  • Flooring: Laminate Wood, Tile, Wood
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Hot Tub
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 576
  • Total Sq Ft: 576

Exterior Features

  • Construction: Hard Stucco, Log
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Recreation Area, Walking Trails

Schools

  • Elementary School: Lake Lure Classical Academy
  • Middle School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy

Lot Info

  • Lot Features: Views, Wooded, Year Round View
  • Lot Size Area: 0.200
  • Parcel Number: 231224
  • Zoning Specification: R1

Tax Info

  • Tax Value: 79600.00
  • Tax Location: Chimney Rock

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2021
Closed on
Nov 3, 2021
Sold by
Morrow Mark Houston and Morrow Wyneta Joyce
Bought by
Noulles Rebekah Lynn and Smith Christopher Curtis
Seller's Agent
Don Ferrell
Allen Tate/Beverly-Hanks, Lake Lure
Buyer's Agent
Martha Johnson
Premier Sotheby’s International Realty
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Total Days on Market
19
Current Estimated Value
$370,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,749
Avg. Annual Appreciation
5.03%
Original Mortgage
$270,000
Outstanding Balance
$250,689
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$128,670

Purchase Details

Listed on
Sep 6, 2019
Closed on
Oct 23, 2019
Sold by
Kennedy Mary Natalie
Bought by
Morrow Mark Houston and Morrow Wyneta Joyce
Seller's Agent
John Fisher
CENTURY 21 Mountain Lifestyles
Buyer's Agent
Mark Lauer
Mark Lauer Realty
List Price
$169,000
Sold Price
$169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.96%

Purchase Details

Closed on
Sep 29, 2014
Sold by
Landmark Cottage Company Llc
Bought by
Proffitt Lizabeth Sherrine

Purchase Details

Closed on
Feb 19, 2008
Sold by
Wilson Davis E and Wilson Shirley N
Bought by
Wells Jason B and Wells Tania S

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Noulles Rebekah Lynn $320,000 None Available
Morrow Mark Houston $169,000 None Available
Proffitt Lizabeth Sherrine $139,000 None Available
Wells Jason B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noulles Rebekah Lynn $270,000
Previous Owner Kennedy Mark Natalie $106,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $320,000 -8.3% $556 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $349,000 +9.1% $606 / Sq Ft
09/17/2021 09/17/21 Off Market $320,000 -- --
09/17/2021 09/17/21 For Sale $349,000 +106.5% $606 / Sq Ft
10/25/2019 10/25/19 Sold $169,000 0.0% $293 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $169,000 -- $293 / 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 $1,456 $183,400 $93,800 $89,600
2023 $993 $183,400 $93,800 $89,600
2022 $993 $105,800 $66,000 $39,800
2021 $798 $79,600 $55,000 $24,600
2020 $776 $79,600 $55,000 $24,600
2019 $576 $50,400 $28,200 $22,200
2018 $499 $42,500 $24,000 $18,500
2016 $479 $42,500 $24,000 $18,500
2013 -- $42,500 $24,000 $18,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 243 Boys Camp Rd, Lake Lure, NC 28746

    $299,000

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 243 Boys Camp Rd
    • Lake Lure, NC

    Charming Home and a Nature Lover's Retreat! Discover this 2 bed, 2 bath home, perched above the road offering a treehouse-like feel with privacy while just steps away from Morse Park, the Flowering Bridge and the Lake Lure Marina! Talk about prime location! This home features a gourmet chef's kitchen with oversized island. The kitchen is equipped with stainless steel appliances, including a

    Krstina Sebez COMPASS

    Section Image
  • 359 Seton Rd, Lake Lure, NC 28746

    $299,000

    • 1 Bed
    • 1 Bath
    • 598 Sq Ft
    • 359 Seton Rd
    • Lake Lure, NC

    An authentic one bedroom log cabin with a Jacuzzi tub in the primary bedroom, separate shower/bathroom, TV, fireplace, full kitchen, private car parking, perfect for that romantic weekend, honeymoon or anniversary. You won't want to leave this one! Sit for a while on your front porch overlooking the lodge's private gardens and woodlands with the views over Cane Creek mountain. The bedroom has

    Lyn Weaver Premier Sotheby’s International Realty

    Section Image
  • 363 Luther Burbank Dr, Lake Lure, NC 28746

    $399,500

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft
    • 363 Luther Burbank Dr
    • Lake Lure, NC

    Escape to your private retreat in Lake Lure, untouched by Hurricane Helene and ready for your next adventure! This low-maintenance home is perfect as a short-term rental, second home, or peaceful getaway, with the option to purchase it fully furnished for a turnkey experience. Thoughtfully designed with privacy in mind, each bedroom and bathroom is on its own level, and the living spaces include

    Caleb Pohlman WEICHERT, Realtors - Unlimited

    Section Image
  • 2100 Memorial Hwy, Lake Lure, NC 28746

    $330,000

    • 1 Bed
    • 1 Bath
    • 255 Sq Ft
    • 2100 Memorial Hwy
    • Lake Lure, NC

    They aren't making any more like this one! This is your opportunity to be on the waterfront of Lake Lure for a fraction of what it would typically cost. This property has been the lake retreat for the owners for many years, and they are now offering it up for somebody else to start making their own memories there. The screened porch is privately enclosed into an additional 289 Sq. ft. of covered

    Clarissa Hyatt- Zack EXP Realty LLC

    Section Image
  • 1808 Memorial Hwy, Lake Lure, NC 28746

    $397,000

    • 2 Beds
    • 1.5 Baths
    • 1,241 Sq Ft
    • 1808 Memorial Hwy
    • Lake Lure, NC

    Conmercial General / Residential. Property can be used for Live Work Unit. Located on Highway 64/74 in beautiful Lake Lure. Convenient to lake, beach area, Chimney Rock and shopping.

    Jonathan Minerick Homecoin.com

    Section Image
  • 456 Youngs Mountain Dr, Lake Lure, NC 28746

    $460,000

    • 3 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 456 Youngs Mountain Dr
    • Lake Lure, NC

    EMBRACE MOUNTAIN LIVING AT LAKE LURE, NC...............Nestled amidst the breathtaking landscapes of Lake Lure, North Carolina, lies a stunning mountain retreat that perfectly harmonizes with its natural surroundings. Situated atop a massive rock out-cropping, this fully furnished, 3 bedroom, 2 bath, home features stunning mountain views, an abundance of natural light and an open floor plan with

    David Caulder Caulder Realty & Land Co.

    Section Image
  • 364 Messersmith Rd, Lake Lure, NC 28746

    $410,000

    • 2 Beds
    • 2 Baths
    • 1,056 Sq Ft
    • 364 Messersmith Rd
    • Lake Lure, NC

    Tucked away in the serene woods of Lake Lure, this charming cabin is the perfect blend of rustic character and modern updates, all with NO HOA. Featuring real wood throughout, the home exudes warmth and charm, creating a welcoming atmosphere that complements its beautiful mountain setting. Recent renovations include new plumbing, electrical systems, roof, windows, dishwasher, washer & dryer, and

    Jessica Sumner Freeman Premier Sotheby's International Realty

    Section Image
  • 102 Wildcat Blvd, Lake Lure, NC 28746

    $300,000

    • 3 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 102 Wildcat Blvd
    • Lake Lure, NC

    Unleash your creativity in the gated haven of the Riverbend Community in Lake Lure, with this well maintained older log cabin awaiting your personal touch. Perfectly positioned for those seeking a second home or a unique rental property project, this diamond in the rough invites you to restore its timeless beauty and create your dream mountain retreat. Featuring 2 bedrooms along with two bonus

    Brody Fister Dwell Realty Group

    Section Image
  • 3344 Buffalo Creek Rd, Black Mountain, NC 28711

    $388,500

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • 3344 Buffalo Creek Rd
    • Black Mountain, NC

    The Lake Allure. Welcome to the first release for North Carolina's newest builder. With a lofty track record of building the most beautifully crafted homes in Fl and Al, these modern farmhouse designs are now available to be enjoyed in NC. Due to high demand, this first release is available for pre-sale with anticipated completion date of September 1, 2024. Discover all there is to marvel at

    Robert McClure Jr McClure Group Realty LLC

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3787245

Canopy MLS (Canopy Realtor® Association)

APN: 231224