NOT LISTED FOR SALE

1369 Cedar Branch Ln Unit 73 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $297,000 - $334,992

0.87 Acre
$363,214 Price per Acre
37,897 Sq Ft Lot

Last Sold July 07, 2017

Last sale price $155,000

Est. 104% increase in value since last sale

Current estimated payment $1,855/month

438 Days on Market

About This Lot

As of July 2017

Gently sloping waterfront lot in Southpointe. Just a short walk to clubhouse and pool facilities. Build your own private dock at the waterfront and enjoy the Lake. City sewer and water available. Dry Creek walking trails and parks also included in HOA dues. Morganton is just 15 minutes away for shopping, movies and restaurants.

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $62 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1754963583

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Business
  • Ratio Close Price By List Price: 0.82011
  • Ratio Current Price By Acre: 178160.92
  • Restrictions: Building, Manufactured Home Not Allowed, Subdivision, Use
  • Special Features: None

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 749.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimension: 221x232x253x137
  • Lot Features: Waterfront, Lake, Sloping, Wooded
  • Lot Size Area: 0.870
  • Parcel Number: 1754963583
  • Plat Reference Section Pages: 12/117

Tax Info

  • Tax Value: 152040.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jul 6, 2017
Sold by
Gordon Mel S and Gordon Charlotte
Bought by
Dillman John Thomas and Dillman Julie A
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$315,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,996
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Wolfe Stephen E and Wolfe Cheryl R
Bought by
Gordon Mel S and Gordon Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,355
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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 Buyer Sale Price Title Company
Dillman John Thomas $155,000 Attorney
Gordon Mel S $228,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Mel S $165,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2017 07/07/17 Sold $155,000 0.0% --
06/27/2017 06/27/17 Pending -- -- --
04/15/2016 04/15/16 For Sale $155,000 -- --
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 $1,403 $220,900 $220,900 $0
2024 $1,414 $220,900 $220,900 $0
2023 $1,414 $220,900 $220,900 $0
2022 $1,273 $164,200 $164,200 $0
2021 $1,273 $164,200 $164,200 $0
2020 $1,273 $164,200 $164,200 $0
2019 $1,273 $164,200 $164,200 $0
2018 $1,178 $152,040 $152,040 $0
2017 $1,178 $152,040 $152,040 $0
2016 $1,156 $152,040 $152,040 $0
2015 $1,156 $152,040 $152,040 $0
2014 $1,156 $152,040 $152,040 $0
2013 $1,156 $152,040 $152,040 $0
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB28864

Canopy MLS (Canopy Realtor® Association)

APN: 51016