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363 Luther Burbank Dr

Lake Lure, NC 28746

2 bd 2 ba 933 sqft Built 2017 Lot 71,438 sqft single_family
Most recent sale
$360,000
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 28, 2025 Price changed $385,000 CanopyMLS
Jul 8, 2025 Price changed $394,500 CanopyMLS
Feb 7, 2025 Listed $399,500 CanopyMLS
Oct 4, 2022 Sold $360,000 MLS #3871502
Jul 28, 2022 Price changed $374,900 MLS #3871502
Jul 8, 2022 Price changed $379,000 MLS #3871502
Jun 22, 2022 Price changed $382,000 MLS #3871502
Jun 12, 2022 Listed $387,000 MLS #3871502
Jun 23, 2020 Sold $225,000 Public Record
Mar 11, 2020 Sold $182,500 MLS #3582536

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $229,500 $94,800 $324,300 $2,661
2023 $229,500 $94,800 $324,300 $2,624
2022 $105,500 $45,000 $150,500 $1,704
2021 $105,500 $45,000 $150,500 $1,706
2020 $103,200 $45,000 $148,200 $1,515
2019 $103,200 $45,000 $148,200 $1,418
2018 $79,000 $53,000 $132,000 $1,276
2017 $23,400 $23,400 $207
2016 $23,400 $23,400 $207
2015 $23,400 $23,400 $207
2014 $23,400 $23,400 $207
2013 $23,500 $23,500 $208
2012 $23,500 $23,500 $200
2011 $23,500 $23,500 $174
2010 $23,500 $23,500 $174
2009 $23,500 $23,500 $174
2008 $23,500 $23,500 $174

Property facts

Year built
2017
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
933 sqft
Lot size
71,438 sqft
ZIP code
28746
City
Lake Lure
Street
Luther Burbank Dr
Coordinates
35.43058, -82.21556

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,260
Gross rental yield
4.20%
Implied cap rate
2.73%
Trend-extrapolated value

Frequently asked questions

When did 363 Luther Burbank Dr last sell?
363 Luther Burbank Dr most recently sold on Oct 4, 2022 for $360,000.
What is the current tax assessment for 363 Luther Burbank Dr?
The most recent total assessment for 363 Luther Burbank Dr (year 2025) is $324,300 with $2,661 in property tax.
How does 363 Luther Burbank Dr's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $360,000.
When was 363 Luther Burbank Dr built?
363 Luther Burbank Dr was built in 2017.
How does 363 Luther Burbank Dr compare to others on Luther Burbank Dr?
We track 8 other properties on Luther Burbank Dr. Browse the list under "Other properties on Luther Burbank Dr" to compare beds, baths, and sale history.
What are the property facts for 363 Luther Burbank Dr?
363 Luther Burbank Dr is a 2 bed, 2 bath, 933 sqft, 71,438 sqft lot single_family.
Is 363 Luther Burbank Dr a flip candidate?
Yes — 363 Luther Burbank Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 363 Luther Burbank Dr a tax-appeal candidate?
No — 363 Luther Burbank Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.9%
Implied 1-yr
+15.5%
2026 Q3
$513.8K
2026 Q4
$513.8K
ZIP 28746 — Median Price History + Forecast

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