NOT LISTED FOR SALE

1170 Whispering Woods Dr Unit 38 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $2,362,000 - $2,714,425

2.77 Acres
$916,322 Price per Acre
120,661 Sq Ft Lot

Last Sold December 09, 2021

Last sale price $695,000

Est. 265% increase in value since last sale

Current estimated payment $14,852/month

5 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Waterfront
  • Clubhouse
  • Community Pool

About This Lot

As of December 2021

Gorgeous level waterfront lot in desirable community of Dry Creek at Lake James this is a rare gem. There are very few level private lots at Lake James, this property is on point located in a large cove, providing lake views from three sides, city water available, septic is needed. Dock with sun deck and shoreline protection are waiting for you to enjoy the lake. Dry Creek is the sister community to Southpointe providing a community Club House and Swimming Pool, with walking trails in Dry Creek. The Fonta Flora trail runs through entrance of Southpointe for additional hiking and biking. Come build your private lake retreat on the shores of Lake James the cleanest lake in North Carolina.

Last Agent to Sell the Property

Denice Rechtiene

Lake Homes Realty LLC License #257118 Listed on: 10/30/2021

Lake Homes Realty LLC

Last Buyer's Agent

Fletcher Edens

Keller Williams Unified License #226103

Keller Williams Unified

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $78 Monthly HOA Fees

Schools

  • Oak Hill Elementary School
  • Table Rock Middle School
  • Freedom High School

Additional Features

  • Crawl Space
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 58732

Community Details

Overview

  • Catawba Valley Property Mgmt Association, Phone Number (828) 439-8835
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 250902.53
  • Restrictions: Architectural Review, Modular Not Allowed
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Block, Concrete, Crawl Space
  • H O A Management Phone: 828-439-8835

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Lake, Lake Access, Outdoor Pool, Walking Trails
  • Association Fee: 935.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Catawba Valley Property Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom
  • Middle Or Junior School: Table Rock

Lot Info

  • Lot Dimension: 98x318x685x326
  • Lot Features: Lake, Level, Trees, Views, Water view, Waterfront, Wooded
  • Lot Size Area: 2.770
  • Parcel Number: 58732
  • Zoning Specification: R-1
  • Plat Book Slide: 26/167-178
  • Wooded Acres: 2.70

Tax Info

  • Tax Value: 467920.00
  • Tax Location: Burke

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 8, 2021
Sold by
Leslie Dockery Daniel
Bought by
John M Warner Revocable Trust and Deborah H Warner Revocable Tru
Seller's Agent
Denice Rechtiene
Lake Homes Realty LLC
Buyer's Agent
Fletcher Edens
Keller Williams Unified
List Price
$695,000
Sold Price
$695,000
Current Estimated Value
$2,538,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,843,213
Avg. Annual Appreciation
40.04%

Purchase Details

Closed on
Aug 11, 2005
Sold by
Crescent Resources Llc
Bought by
Wiseman Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,980
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
John M Warner Revocable Trust $695,000 Simpson & Simpson Law Finn Pll
Wiseman Properties Llc $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiseman Properties Llc $397,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $695,000 0.0% --
11/04/2021 11/04/21 Pending -- -- --
10/30/2021 10/30/21 For Sale $695,000 +54.4% --
11/21/2017 11/21/17 Sold $450,000 0.0% --
10/31/2017 10/31/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $450,000 -- --
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 $11,325 $1,755,728 $625,820 $1,129,908
2023 $4,108 $1,518,823 $625,820 $893,003
2022 $3,626 $467,920 $448,600 $19,320
2021 $3,626 $467,920 $448,600 $19,320
2020 $3,626 $467,920 $448,600 $19,320
2019 $3,626 $467,920 $448,600 $19,320
2018 $2,863 $369,370 $338,320 $31,050
2017 $2,839 $366,328 $338,320 $28,008
2016 $2,784 $366,328 $338,320 $28,008
2015 $2,784 $366,328 $338,320 $28,008
2014 $2,784 $366,328 $338,320 $28,008
2013 $2,784 $366,328 $338,320 $28,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3801011

Canopy MLS (Canopy Realtor® Association)

APN: 58732