NOT LISTED FOR SALE

1119 Lakeside Way NW Unit 5 Valdese, NC 28690

Estimated Value: $32,741 - $221,000

1.65 Acres
$76,892 Price per Acre
71,874 Sq Ft Lot

Last Sold June 14, 2022

Last sale price $30,000

Est. 323% increase in value since last sale

Current estimated payment $762/month

79 Days on Market

Highlights

  • Access To Lake
  • 1.65 Acre Lot
  • Picnic Area
  • Heritage Middle School Rated A-
  • Recreation Facilities

About This Lot

As of June 2022

Discover one of the area's best-kept secrets with this interior lot in Waterside on Lake Rhodhiss! This 1.6-acre interior lot within the gated community (electric gate with code) is just a short distance from the main entrance, and just a short distance from the community park and community boat dock. Community boat slip leases are currently just $400/year, and HOA dues are currently just $300/year. Minimum build square footage is just 1,400, so this is a nice place for a second/getaway home, or a primary residence! Waterside is also home of one of Lake Rhodhiss' resident Bald Eagle families, who nest and raise their young in a tall tree within the development. The lots and area around the nesting area are protected, but this lot is not affected by the protections. Golf carts and UTVs (muffled appropriately) are allowed within the neighborhood, and the development features include underground utilities, city water, city sewer, community outdoor firepit, gazebo, and grill. Check it out!

Last Agent to Sell the Property

Chris Garner

Horizon Realty Associates LLC Brokerage Email: realtychrisgarner@gmail.com License #324892 Listed on: 02/14/2022

Last Buyer's Agent

Justin Keisler

June Belle Homes License #263294

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $328

Lot Details

  • 1.65 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned R-12A, R-12-A

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2734672589

Community Details

Overview

  • Waterside Poa, Phone Number (704) 467-4224
  • Waterside Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$328

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet
  • Restrictions Description: Declaration of Covenants, Restrictions, Property Owners Association And Limitations Running With The Land For Waterside Subdivision
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: realtychrisgarner@gmail.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential
  • Room Count: 0

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 125
  • Water Body Name: Lake Rhodhiss
  • Waterfront Features: Boat Slip – Community, Lake
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Picnic Area, Recreation Area
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Waterside POA
  • Phone: 704-467-4224
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: jayhwaterside@gmail.com

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake On Property, Sloped
  • Lot Size Area: 1.65
  • Lot Size Units: Acres
  • Parcel Number: 2734672589
  • Zoning: R-12-A
  • Plat Book Slide: 43/165
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.65
  • Lot Size Sq Ft: 71874
  • Wooded Area: 1.65
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-12A

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2023
Sold by
Starnes Nathan and Starnes Madison
Bought by
Ross Autumn Kaye
Total Days on Market
79
Current Estimated Value
$126,871

Purchase Details

Listed on
Feb 14, 2022
Closed on
Jun 6, 2022
Sold by
Torabian Zia E
Bought by
Starnes Madison and Starnes Nathan
Seller's Agent
Chris Garner
Horizon Realty Associates LLC
Buyer's Agent
Justin Keisler
June Belle Homes
List Price
$32,000
Sold Price
$30,000
Premium/Discount to List
-$2,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.34%

Purchase Details

Closed on
May 21, 2014
Sold by
Lr Acquisitions Llc
Bought by
Torabian Zia A
Source: Public Records

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Range of Values:

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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
Ross Autumn Kaye $32,000 None Listed On Document
Starnes Madison $30,000 Fleischer Law Office Plla
Torabian Zia A $56,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $30,000 -6.3% --
05/04/2022 05/04/22 For Sale $32,000 0.0% --
05/04/2022 05/04/22 Pending -- -- --
02/14/2022 02/14/22 For Sale $32,000 -- --
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 $328 $33,600 $33,600 $0
2023 $361 $33,600 $33,600 $0
2022 $228 $32,875 $32,875 $0
2021 $228 $32,875 $32,875 $0
2020 $224 $32,875 $32,875 $0
2019 $228 $32,875 $32,875 $0
2018 $254 $36,500 $36,500 $0
2017 $254 $36,500 $36,500 $0
2016 $248 $36,500 $36,500 $0
2015 $248 $36,500 $36,500 $0
2014 $248 $36,500 $36,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3829489

Canopy MLS (Canopy Realtor® Association)

APN: 61243