NOT LISTED FOR SALE

1370 Old Dry Creek Rd Unit 30 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,013,000 - $1,568,099

2.75 Acres
$482,800 Price per Acre
119,790 Sq Ft Lot

Last Sold February 03, 2022

Last sale price $148,000

Est. 797% increase in value since last sale

Current estimated payment $7,868/month

172 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Wooded Lot
  • 2.75 Acre Lot
  • Private Lot
  • Community Pool

About This Lot

As of February 2022

The Dry Creek community features larger, wooded homesites with preservation in mind by only allowing rustic designed homes. No brick or vinyl. Dry Creek residents share the Southpointe amenities of a pool, clubhouse, and community boat slips. Also, the Fonta Flora Trail system crosses through the SouthPointe community making your biking/hiking journey very enjoyable. This 2.57-acre tract of land has a great building site for your dream home. The property has a gentle slope as it regresses back to a conservation area with water frontage in that cove. Enjoy a short walk from your property (approximately 200 feet) onto the land owned by the HOA where you could enter the water. Great location for kayak or canoe launch. Boat slip #52 conveys with the sale of this property. Rentals are allowed with a one-week minimum. Try to rent a boat slip on Lake James for that price. Do your due diligence in your land search, comparing prices, amenities, location, and future equity potential.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: greg@fontaflorarealty.com License #147122 Listed on: 07/04/2021

Last Buyer's Agent

Dave Dribbon

GreyBeard Realty License #328777

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,314

Lot Details

  • 2.75 Acre Lot
  • Private Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Residential

HOA Fees

  • $121 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1754676096

Community Details

Overview

  • Cathleen Adkins Catawba Valley Property Management Association, Phone Number (828) 228-7180
  • Dry Creek Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$6,314

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: greg@fontaflorarealty.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 742
  • Water Body Name: Lake James
  • Waterfront Features: Boat Slip – Community, Lake
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake Access, Outdoor Pool, Recreation Area, Walking Trails, Other
  • Association Fee: 1455
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cathleen Adkins Catawba Valley Property Management
  • Phone: 828-228-7180
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: cathleen@cvpmnc.com

Association/Amenities

  • Association Annual Expense: 1455.00

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Paved, Private, Wooded
  • Lot Size Area: 2.75
  • Lot Size Units: Acres
  • Parcel Number: 1754676096
  • Zoning: R-1
  • Plat Book Slide: 26/173
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Lot Size Acres: 2.75
  • Lot Size Sq Ft: 119790
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2023
Sold by
Payne Scott Nicole
Bought by
Payne David Joseph and Payne April Nicole
Current Estimated Value
$1,327,700

Purchase Details

Listed on
Jul 4, 2021
Closed on
Feb 3, 2022
Sold by
Schwind Sr Joseph A
Bought by
Beaver Island Real Estate Llc
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
Dave Dribbon
GreyBeard Realty
List Price
$182,000
Sold Price
$148,000
Premium/Discount to List
-$34,000
-18.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.04%
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
Payne David Joseph $152,000 None Listed On Document
Payne David Joseph $152,000 None Listed On Document
Beaver Island Real Estate Llc $148,000 Starnes Aycock Haire Hogan Sau
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $148,000 -8.6% --
12/23/2021 12/23/21 Pending -- -- --
12/14/2021 12/14/21 Price Changed $162,000 -11.0% --
07/04/2021 07/04/21 For Sale $182,000 -- --
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
2024 $6,314 $972,879 $142,220 $830,659
2023 $4,626 $972,879 $142,220 $830,659
2022 $971 $125,350 $125,350 $0
2021 $971 $125,350 $125,350 $0
2020 $952 $125,350 $125,350 $0
2019 $971 $125,350 $125,350 $0
2018 $716 $92,420 $92,420 $0
2017 $716 $92,420 $92,420 $0
2016 $702 $92,420 $92,420 $0
2015 $702 $92,420 $92,420 $0
2014 $702 $92,420 $92,420 $0
2013 $702 $92,420 $92,420 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3758065

Canopy MLS (Canopy Realtor® Association)

APN: 58376