NOT LISTED FOR SALE

Estimated Value: $855,000 - $1,313,228

0.94 Acre
$1,210,719 Price per Acre
40,946 Sq Ft Lot

Last Sold April 20, 2022

Last sale price $167,500

Est. 579% increase in value since last sale

Current estimated payment $6,206/month

292 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Wooded Lot
  • Granite Falls Elementary School Rated A-
  • Community Lake
  • Cul-De-Sac

About This Lot

As of April 2022

Enjoy sunset views over Lake Hickory from a fantastic Gunpowder Cove waterfront lot at River Bend Cove Pointe. This .94 acre, waterfront lot with 236' of dockable shoreline features a NW exposure and a wooded, sloping topography conducive to a multi-story home design with a walk-out basement and is positioned on a paved cul-de-sac in the River Bend Subdivision. River Bend is a waterfront community at the Foothills of the North Carolina Blue Ridge Mountains with amenities including city streets, curb and gutters, underground utilities, water, sewer, natural gas and Lake Hickory access. Conveniently located in Granite Falls near the I-40/Hwy 321 corridors, River Bend is within an easy commute of Asheville, Blowing Rock, Boone, Hickory and the Charlotte Douglas International Airport near entertainment, medical facilities, recreation, restaurants, shopping and schools.

Last Agent to Sell the Property

Alan Jarrett

Alliance Real Estate Group LLC License #191843 Listed on: 02/08/2021

Last Buyer's Agent

Jay Brown

Jay Brown, Realtors License #272709

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,500

Lot Details

  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $30 Monthly HOA Fees

Schools

  • Granite Falls Elementary And Middle School
  • South Caldwell High School

Listing and Financial Details

  • Assessor Parcel Number 08150 4 10
  • Tax Block IV

Community Details

Overview

  • River Bend HOA, Phone Number (828) 430-8674
  • River Bend Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$2,500

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 178191.49
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Restrictions Description: Covenants
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Exterior Features: Underground Power Lines
  • Tax Location: Granite Falls
  • Construction Type: Site Built
  • Wooded Acres: 0.94
  • Water Body Name: Lake Hickory
  • Waterfront Features: Boat Ramp – Community
  • Waterfront Elevation: 1000

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Lake Access, Street Lights
  • Association Fee: 90
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: River Bend HOA
  • Phone: (828)430-8674
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Granite Falls
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Flood Fringe Area, Lake On Property, Lake Access, Paved, Sloped, Views, Water View, Waterfront, Wooded
  • Lot Size Area: 0.94
  • Lot Size Units: Acres
  • Parcel Number: 08150 4 10
  • Out Buildings Yn: 0
  • Plat Book Slide: 23/48-49
  • Can Be Subdivided: 0
  • Zoning Description: R

Tax Info

  • Tax Block: IV
  • RATIO List Price By Tax Amount: 1.20334

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Granite Falls
  • High School: South Caldwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 18, 2022
Sold by
Lushiang Wu Family Trust
Bought by
Michele C Rullo Revocable Trust
Seller's Agent
Alan Jarrett
Alliance Real Estate Group LLC
Buyer's Agent
Jay Brown
Jay Brown, Realtors
List Price
$179,900
Sold Price
$167,500
Premium/Discount to List
-$12,400
-6.89%
Current Estimated Value
$1,138,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$970,576
Avg. Annual Appreciation
72.35%

Purchase Details

Closed on
Dec 15, 2017
Sold by
St Vincent Lushiang W
Bought by
Lushiang Wu and Lushiang Wu Family Trust

Purchase Details

Closed on
Jun 11, 2009
Sold by
St Vincent Gary R and St Vincent Lushiang W
Bought by
St Vincent Lushiang W

Purchase Details

Closed on
Mar 28, 2006
Sold by
Gunpowder Llc
Bought by
St Vincent Gary R and St Vincent Lushiang W
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
Michele C Rullo Revocable Trust $17,500 Fennell Willie
Michele C Rullo Revocable Trust $17,500 None Listed On Document
Lushiang Wu -- None Available
St Vincent Lushiang W -- None Available
St Vincent Gary R $180,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $167,500 -6.9% --
11/27/2021 11/27/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $179,900 -- --
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 $2,500 $1,169,600 $191,100 $978,500
2024 $2,500 $396,800 $191,100 $205,700
2023 $942 $149,500 $149,500 $0
2022 $923 $149,500 $149,500 $0
2021 $923 $149,500 $149,500 $0
2020 $884 $140,300 $140,300 $0
2019 $884 $140,300 $140,300 $0
2018 $1,513 $140,300 $0 $0
2017 $1,513 $140,300 $0 $0
2016 $896 $140,300 $0 $0
2015 $854 $140,300 $0 $0
2014 $854 $140,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3705200

Canopy MLS (Canopy Realtor® Association)

APN: 08150-4-10