Seller's Agent in 2024
Mike Abernethy
EXP Realty LLC Ballantyne
(980) 254-1008
3 in this area
157 Total Sales
1247 High Trail Dr Nebo, NC 28761
Lake James NeighborhoodEstimated Value: $1,344,000 - $1,660,000
4
Beds
3.5
Baths
3,035
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- Covered Dock
- New Construction
- Open Floorplan
- Community Cabanas
- Waterfront
- Deck
About This Home
As of March 2024Brand new custom Luxury home on Lake James! Buyers will love the open floor plan, w/ high end details throughout! Gourmet eat in kitchen w/large island & stainless appliances is open to the spacious living room w/ fireplace & covered porch w/stone fireplace overlooking beautiful Lake James! Primary suite on main level features large walk in closet & spa like bath. Another bedroom/secondary primary bedroom w/ private bath & half bath is great for guests! The lower level has 2 additional bedrooms, a full bath, laundry room & spacious bonus room for entertaining! Lower covered porch is great for relaxing, entertaining & enjoying the open water & mountain views. Easy access to 2 level, double boat dock w/ room for all of your water toys. Great STR option as The Arbors is a gated community w/walking trails, community pavilion picnic area, fenced boat storage & close to downtown Marion shops & restaurants. Minutes to Lake James State Park & Fonta Flora Trail for hiking, biking & exploring.
Last Agent to Sell the Property
EXP Realty LLC Ballantyne Brokerage Phone: 980-254-1008 License #273651 Listed on: 05/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,159
Year Built
- Built in 2023 | New Construction
Lot Details
- Waterfront
- Property is zoned McDowell
HOA Fees
- $65 Monthly HOA Fees
Parking
- Driveway
Home Design
- Stone Veneer
Interior Spaces
- 1-Story Property
- Open Floorplan
- Insulated Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Water Views
- Pull Down Stairs to Attic
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
Laundry
- Laundry Room
- Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Walk-Up Access
- Interior and Exterior Basement Entry
- Basement Storage
Outdoor Features
- Covered Dock
- Deck
- Covered Patio or Porch
- Fireplace in Patio
Schools
- Nebo Elementary School
- East Mcdowell Middle School
- Mcdowell High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 1713-00-91-2669
Community Details
Overview
- First Service Residential Association, Phone Number (704) 369-0265
- The Arbor At Lake James Subdivision
- Mandatory home owners association
Recreation
- Community Cabanas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2023
Closed on
Mar 12, 2024
Sold by
Demoreta Investments Llc
Bought by
Wright James Robert and Wright Elizabeth Ann
Seller's Agent
Mike Abernethy
EXP Realty LLC Ballantyne
Buyer's Agent
Cecilia Reel
Mountain Lake Realty
List Price
$1,995,000
Sold Price
$1,550,000
Premium/Discount to List
-$445,000
-22.31%
Views
190
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,571
Avg. Annual Appreciation
-1.71%
Original Mortgage
$930,000
Outstanding Balance
$914,618
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$596,811
Purchase Details
Closed on
May 1, 2023
Sold by
Demoreta-Braza Joaquin and Demoreta-Braza Susan A
Bought by
Demoreta Investments Llc
Purchase Details
Closed on
Feb 24, 2021
Sold by
Oconnor Dennis and Oconnor Frances C
Bought by
Demoreta Braza Joaquin and Carron Demoreta Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 2003
Bought by
O'Connor Dennis and O'Connor Frances C
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright James Robert | $1,550,000 | None Listed On Document | |
| Demoreta Investments Llc | -- | None Listed On Document | |
| Demoreta Braza Joaquin | $155,000 | None Available | |
| Demoreta Braza Joaquin | $155,000 | None Available | |
| O'Connor Dennis | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright James Robert | $930,000 | |
| Previous Owner | Demoreta Braza Joaquin M | $722,500 | |
| Previous Owner | Demoreta Braza Joaquin | $116,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $1,550,000 | -6.0% | $511 / Sq Ft |
| 02/08/2024 02/08/24 | Pending | -- | -- | -- |
| 12/04/2023 12/04/23 | Price Changed | $1,649,000 | -2.9% | $543 / Sq Ft |
| 08/14/2023 08/14/23 | Price Changed | $1,699,000 | -5.6% | $560 / Sq Ft |
| 07/09/2023 07/09/23 | Price Changed | $1,799,000 | -9.6% | $593 / Sq Ft |
| 07/03/2023 07/03/23 | Price Changed | $1,990,000 | -0.3% | $656 / Sq Ft |
| 05/17/2023 05/17/23 | For Sale | $1,995,000 | -- | $657 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,159 | $772,310 | $200,000 | $572,310 |
| 2023 | $3,410 | $510,440 | $200,000 | $310,440 |
| 2022 | $1,356 | $200,000 | $200,000 | $0 |
| 2021 | $1,356 | $200,000 | $200,000 | $0 |
| 2020 | $1,376 | $200,000 | $0 | $0 |
| 2019 | $1,376 | $0 | $0 | $0 |
| 2017 | $1,301 | $200,000 | $0 | $0 |
| 2016 | $1,301 | $0 | $0 | $0 |
| 2014 | $1,280 | $200,000 | $200,000 | $0 |
| 2013 | -- | $200,000 | $200,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Abernethy
-
Cecilia Reel
Buyer's Agent in 2024
Cecilia Reel
Mountain Lake Realty
(828) 442-5923
2 in this area
124 Total Sales
-
Crystal Honeycutt
Buyer Co-Listing Agent in 2024
Crystal Honeycutt
Mountain Lake Realty
(828) 460-8006
2 in this area
121 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4028353
APN: 1713-00-91-2669
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