NOT LISTED FOR SALE

1188 Dragging Canoe Trail Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $2,587,000 - $2,959,000

4 Beds
4.5 Baths
3,355 Sq Ft
$815/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $2,330,000 $694 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,607/month

103 Days on Market

Highlights

  • Fitness Center
  • Waterfront
  • Community Lake
  • New Construction
  • Open Floorplan
  • Clubhouse

About This Home

As of October 2022

New custom lakefront home with private dock in exclusive 1780. Short walk to clubhouse, pool, tennis/pickle-ball courts & workout room. Stylish open great room with floor to ceiling windows & steel surround fireplace. Bright kitchen w/large island, stainless appliances, quartz counters. Primary bedroom w/lake views, walk in closet, tiled shower & backlit mirror. Second main level bedroom or office with attached tile bath. The lower level is perfect for guests with 2 additional ensuite bedrooms/baths and a built-in bunk area for the kids. Game room & family room w/direct access to a gently sloped lake path & private dock. Enjoy the outdoors in the welcoming screened porch w/wood burning FP or lower level patio. A great place to build your family’s lake memories and can be used as an income producing property, as this is one of the few lakefront homes allowed to be used as a vacation rental in coveted Camp Lake James. Camp Lake James membership conveys with this home.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 06/23/2022

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Fletcher Edens

Keller Williams Unified License #226103

Keller Williams Unified

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,832

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned CDLO, CON

HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Bar Fridge
  • Propane Fireplace
  • Great Room with Fireplace
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Nebo Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Heat Pump System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 173400333366

Community Details

Overview

  • First Residential Services Association, Phone Number (704) 527-2314
  • Built by Moellman Group
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,832

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2022
  • Ratio Current Price By Acre: 3106666.67
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 694.49
  • Special Features: 4098

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1930
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front,Patio,Screened
  • Appliances: Bar Fridge, Dishwasher, Dryer, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Microwave, Propane Cooktop, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1425
  • Fireplace Features: Great Room, Propane
  • Living Area: 3355
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Underground Power Lines, Wired Internet Available
  • New Construction: Yes
  • Roof: Shingle, Metal
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake James
  • Waterfront Features: Dock
  • Waterfront Elevation: 1000
  • Construction Type: Stone, Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Gas,g-On-Demand Water Heater
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Hot Tub, Lake, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1600
  • Association Fee Frequency: Annually
  • Association #2 Fee: 2500
  • Association #2 Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Residential Services
  • Phone: 7045272314
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required
  • HOA Management Name 2: Camp Lake James
  • HOA Management Phone 2: 8283916866
  • CAR_YearlyHOAExpense: 4100.00

Lot Info

  • Lot Features: Lake On Property, Lake Access, Rolling Slope, Wooded, Water View, Waterfront
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 173400333366
  • Plat Book Slide: 16/100
  • Zoning Description: CON
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Moellman Group

Tax Info

  • RATIO List Price By Tax Amount: 5.64012

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 4, 2022
Sold by
Clarkson Laura and Clarkson Robert
Bought by
Dowell Scott Alexander
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Fletcher Edens
Keller Williams Unified
List Price
$2,590,000
Sold Price
$2,330,000
Premium/Discount to List
-$260,000
-10.04%
Views
20
Current Estimated Value
$2,504,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,845
Avg. Annual Appreciation
5.51%
Original Mortgage
$830,000
Outstanding Balance
$793,329
Interest Rate
5.13%
Mortgage Type
Balloon
Estimated Equity
$1,940,582

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 20, 2021
Sold by
Buchan Courtenay and Leehman Nathan
Bought by
Clarkson Laura and Clarkson Robert
Seller's Agent
Fran Miller
Dickens Mitchener & Associates Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,645,586
Sold Price
$1,645,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.41%

Purchase Details

Closed on
Jul 8, 2019
Sold by
The Henegan Revocable Trust
Bought by
Buchan Courtenay and Leehman Nathan

Purchase Details

Closed on
Sep 8, 2014
Sold by
1780 Llc
Bought by
The Henegan Revocable Trust
Source: Public Records

Range of Values:

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Average Value
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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
Dowell Scott Alexander $2,330,000 --
Dowell Scott Alexander $2,330,000 None Listed On Document
Clarkson Laura $1,646,000 None Available
Buchan Courtenay $500,000 None Available
The Henegan Revocable Trust $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowell Scott Alexander $830,000
Closed Dowell Scott Alexander $830,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $2,330,000 -2.5% $694 / Sq Ft
07/29/2022 07/29/22 Price Changed $2,390,000 -7.7% $712 / Sq Ft
06/23/2022 06/23/22 For Sale $2,590,000 +57.4% $772 / Sq Ft
08/24/2021 08/24/21 Sold $1,645,586 0.0% $502 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,645,586 -- $502 / 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 $11,832 $1,721,000 $427,500 $1,293,500
2023 $11,832 $1,721,000 $427,500 $1,293,500
2022 $7,284 $1,044,280 $405,000 $639,280
2021 $3,212 $423,750 $405,000 $18,750
2020 $3,254 $423,750 $0 $0
2019 $3,254 $0 $0 $0
2017 $2,812 $385,000 $0 $0
2016 $2,812 $0 $0 $0
2014 $2,591 $360,000 $360,000 $0
2013 -- $360,000 $360,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874283

Canopy MLS (Canopy Realtor® Association)

APN: 1734-00-33-3366