NOT LISTED FOR SALE

1201 Old Dry Creek Rd Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,039,000 - $1,425,885

3 Beds
2 Baths
1,399 Sq Ft
$864/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $612,500 $438 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,994/month

520 Days on Market

Highlights

  • Spa
  • Private Lot
  • Cathedral Ceiling
  • Waterfront
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2016

You can own one of the few timber frame cabins on Lake James on this private 8+ acre family compound in the high end community of Dry Creek. This lot allows multiple homes/structures for a once in a lifetime opportunity. Current cabin has luxury features and nostalgic charm. Stone wood burning fireplace and stone waterfall/spa with flagstone patio. Cozy great room, 3bedrooms and 2 baths--master has pebble floored shower. Handicap friendly; wheelchair accessible. Perfect as a cozy family gathering home OR as in-law home OR guest cottage leaving a prime location down by the cove to build the main home. Currently used as an income producing seasonal rental cabin. Rental history and income provided upon request. Walk to the quiet cove approx 400 yards from the cabin through the common area that borders the property. Also surrounded by walking trails within the Dry Creek community. Community boatslip included. *Tract 2 only of deed book/page; Tract 1 available at additional

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • Cottage
  • Stone Siding
  • Log Siding

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Crawl Space
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • Spa

Listing and Financial Details

  • Assessor Parcel Number 1754779658

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.94231
  • Ratio Current Price By Acre: 75617.28
  • Ratio Current Price By Sq Ft: 437.81
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Dryer, Oven, Refrigerator, Security System, Washer, Washer Connection
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Cathedral Ceiling(s), Walk-In Closet(s), Window Treatments
  • Room Count: 8
  • Total Sq Ft: 1399

Exterior Features

  • Construction: Log, Stone, Wood
  • Exterior Features: Hot Tub

Utilities

  • Heating: Electric Hot Air, Heat Pump - Heat
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Fee: 1152.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Waterfront, Private, Wooded
  • Lot Size Area: 8.100
  • Parcel Number: 1754779658
  • Plat Reference Section Pages: 26/167

Tax Info

  • Tax Value: 551561.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2022
Sold by
Wire Christopher S and Wire Joan E
Bought by
Wire Family Dynasty Trust
Current Estimated Value
$1,208,471

Purchase Details

Listed on
Mar 2, 2015
Closed on
Sep 27, 2016
Sold by
Cox Ira William and Cox Gail Spaulding Frasier
Bought by
Wire Christopher S and Wire Joan E
List Price
$612,500
Sold Price
$612,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Source: Public Records

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
Wire Family Dynasty Trust -- Sebaly Shillito Dyer Lpa
Wire Christopher S $612,500 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $612,500 0.0% $438 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
03/02/2015 03/02/15 For Sale $612,500 -- $438 / 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
2025 $6,119 $1,265,483 $540,380 $725,103
2024 $6,162 $949,134 $540,380 $408,754
2023 $6,162 $949,134 $540,380 $408,754
2022 $5,665 $720,409 $469,900 $250,509
2021 $5,659 $720,409 $469,900 $250,509
2020 $5,655 $720,409 $469,900 $250,509
2019 $5,655 $720,409 $469,900 $250,509
2018 $4,085 $517,866 $298,880 $218,986
2017 $4,083 $517,866 $298,880 $218,986
2016 $4,001 $517,866 $298,880 $218,986
2015 $3,998 $517,866 $298,880 $218,986
2014 $3,996 $517,866 $298,880 $218,986
2013 $3,996 $517,866 $298,880 $218,986
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB27032

Canopy MLS (Canopy Realtor® Association)

APN: 58344

North Carolina Burke County Morganton 28655 Lake James

1201 Old Dry Creek Rd, Morganton, NC

This home is located at 1201 Old Dry Creek Rd, Morganton, NC 28655 since 02 March 2015 and is currently estimated at $1,208,471, approximately $863 per square foot. This property was built in 2007. 1201 Old Dry Creek Rd is a home located in Burke County with nearby schools including Glen Alpine Elementary School, Table Rock Middle School, and Freedom High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS (Canopy Realtor® Association) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes