$1,300,000
SOLD AUG 21, 2020

122 Otter Waller Dr Nebo, NC 28761

Lake James Neighborhood
4 Beds
5.5 Baths
2,798 Sq Ft
1.42 Acres

Recently Sold

$465 Per Sq Ft

13% Below List Price

5 Days on Market

Highlights

  • Fitness Center
  • Community Lake
  • Cathedral Ceiling
  • Waterfront
  • Outdoor Fireplace
  • Wood Flooring

About This Home

As of March 2024

One word- WOW!! This is an amazing property with stunning views of Short-off and Lake James. True hand-hewn log home and the photos say it all. So much quality and rustic luxury. Open great room, kitchen, and dining. Gathering areas open to screened porch and side porch with fireplace and sun deck area. The vaulted master boasts amazing views, double master baths and closets. Main level has a cool log ladder access sleeping loft. Move to the lower level for a 2nd kitchen/bar and game/TV area plus three bedrooms with ensuite baths and access to the lower deck. Take the easy stroll to the Lake tram and ride to the lakefront dock area. Tram is ideal for family with mobility issues. The dock area features a 16x16 platform area and covered boat slip with lift. Camp Lake James is included. The seasonal views of Short-off and the Linville gorge is something to see. Sold furnished with a few tagged exceptions.

Last Agent to Sell the Property

Mike Watts

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 07/31/2020

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Lisa Griffin

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170866

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Stone Siding
  • Log Siding

Interior Spaces

  • Wet Bar
  • Cathedral Ceiling
  • Fireplace
  • Storage Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Concrete

Additional Features

  • Outdoor Fireplace
  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1734-00-21-7008

Community Details

Overview

  • Fs Residential Association, Phone Number (704) 227-0888
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$341 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.86724
  • Ratio Close Price By Original Li: 0.86724
  • Ratio Current Price By Acre: 915492.96
  • Ratio Current Price By Sq Ft: 464.62
  • Year Built: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Disposal, Dryer, Electric Oven, Ice Maker Connection, Microwave, Radon Mitigation System, Refrigerator, Security System, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Jet ski lift, Boat dock furniture, tagged items
  • Fixture Exception Yn: Yes
  • Flooring: Concrete, Wood
  • H O A Management Phone: 704-227-0888
  • Interior Amenities: Basement Shop, Breakfast Bar, Cathedral Ceiling(s), Kitchen Island, Pantry, Storage Unit, Walk-In Pantry, Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 143
  • Sq Ft Basement: 1282
  • Main Level Sq Ft: 1516
  • Total Sq Ft: 2798

Exterior Features

  • Construction: Cedar Shake, Log, Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Outdoor Fireplace

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Fitness Center, Hot Tub, Lake, Outdoor Pool, Picnic Area, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1600.00
  • Association Fee Frequency: Annually
  • HOA Management Company: FS Residential
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 2500.00
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake Access, Long Range View, Mountain View, Sloping, Steep, Water view, Waterfront, Year Round View
  • Lot Size Area: 1.420
  • Parcel Number: 1734-00-21-7008
  • Zoning Specification: RES

Tax Info

  • Tax Value: 1178610.00
  • Tax Location: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2024
Closed on
Mar 19, 2024
Sold by
Snider Anthony Joseph and Snider Lynda Lea
Bought by
Tapa Holdings Llc
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Christie Leonard
WNC Real Estate at Lake James
List Price
$2,025,000
Sold Price
$2,025,000
Current Estimated Value
$1,480,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$544,500
Avg. Annual Appreciation
-18.96%

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 21, 2020
Sold by
Ferguson Kenvian
Bought by
Snider Anthony Joseph and Snider Lynda Lea
Seller's Agent
Mike Watts
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Buyer's Agent
Lisa Griffin
Berkshire Hathaway HomeServices Blue Ridge REALTORS®
List Price
$1,499,000
Sold Price
$1,300,000
Premium/Discount to List
-$199,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%

Purchase Details

Listed on
Sep 20, 2018
Closed on
Dec 10, 2018
Sold by
Hiott Lokie Paul M and Hiott Lokie Jan
Bought by
Ferguson Kenvian
List Price
$1,113,000
Sold Price
$1,113,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%

Purchase Details

Closed on
Jul 9, 2015
Sold by
Old Wildlife Club Llc
Bought by
Hiott Lokie Paul M and Hiott Lokie Jan

Purchase Details

Closed on
Dec 4, 2013
Sold by
Old Wildlife Club Llc
Bought by
Hiott Lokie Paul M and Hiott Lokie Jan
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 Type Sale Price Title Company
Warranty Deed $2,025,000 None Listed On Document
Warranty Deed $2,025,000 None Listed On Document
Warranty Deed $1,300,000 None Available
Warranty Deed $1,113,000 None Available
Warranty Deed -- None Available
Special Warranty Deed $278,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $2,025,000 0.0% $724 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/10/2024 02/10/24 For Sale $2,025,000 +55.8% $724 / Sq Ft
08/21/2020 08/21/20 Sold $1,300,000 -13.3% $465 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $1,499,000 +34.7% $536 / Sq Ft
12/13/2018 12/13/18 Sold $1,113,000 0.0% $398 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
09/20/2018 09/20/18 For Sale $1,113,000 -- $398 / 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 $10,518 $1,574,590 $325,000 $1,249,590
2023 $10,518 $1,574,590 $325,000 $1,249,590
2022 $7,991 $1,178,610 $275,000 $903,610
2021 $7,991 $1,178,610 $275,000 $903,610
2020 $8,109 $1,178,610 $0 $0
2019 $8,109 $0 $0 $0
2017 $4,525 $695,590 $0 $0
2016 $4,525 $0 $0 $0
2014 $1,759 $275,000 $275,000 $0
2013 -- $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646916

Canopy MLS (Canopy Realtor® Association)

APN: 1734-00-21-7008