NOT LISTED FOR SALE

1376 Cedar Branch Ln Unit 75 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,354,000 - $1,544,317

4 Beds
3 Baths
3,137 Sq Ft
$469/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $1,337,500 $426 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,449/month

168 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wooded Lot
  • Clubhouse
  • Private Lot
  • Arts and Crafts Architecture

About This Home

As of May 2023

Premier Waterfront Lot on Lake James with easy access to fantastic dock! Well kept Craftsman Adirondack style lakeside cottage tucked in the trees, private and comfortable home at the end of a cul-de-sac in sought after Southpointe! Hardwood floors, two screened porches, wrap-a-round deck, one level living with additional lower level space for guests. Walkable to community swimming pool, clubhouse and marina. Two dry stack rock woodburning fireplaces (plumbed for gas) with tons of natural light and fantastic outdoor space for year round enjoyment of all the things Lake James has to offer. Minutes to Morganton restaurants, shops and conveniences. Southpointe offers public water, sewer and high speed internet. Come see what others have found, beautiful Southpointe Lake living!

Last Agent to Sell the Property

Byron Bailey

GreyBeard Realty Brokerage Email: byron@greybeardrealty.com License #230955 Listed on: 11/05/2022

Last Buyer's Agent

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,738

Year Built

  • Built in 2002

Lot Details

  • 1.21 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Partially Finished Basement
  • Workshop
  • Laundry Room

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1754-96-3396

Community Details

Overview

  • Catawba Valley Property Management Association, Phone Number (828) 439-8834
  • Southpointe Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,738

Year Built

Built in 2002

Lot Details

0

HOA Fees

$81 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2002
  • Restrictions: Architectural Review,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 426.36
  • Bedroom Lower: 0
  • Attribution Contact: byron@greybeardrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1667
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 80
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 80
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1667
  • Has Basement: Basement Shop, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1470
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 3137
  • Bedroom Main: 2
  • Room Count: 13
  • Sq Ft Other: 0
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake James
  • Waterfront Features: Lake, Dock
  • Waterfront Elevation: 1000
  • Construction Type: Cedar Shake
  • Patio And Porch Features: Deck, Front Porch, Porch, Rear Porch, Screened, Side Porch, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 288
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 975
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Catawba Valley Property Management
  • Phone: 828-439-8834
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: cathleen@cvpmnc.com

Association/Amenities

  • Association Annual Expense: 975.00

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Paved, Private, Wooded, Waterfront
  • Lot Size Area: 1.21
  • Lot Size Units: Acres
  • Parcel Number: 1754-96-3396
  • Zoning: R-1
  • Lot Size Acres: 1.21
  • Lot Size Sq Ft: 52707
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
May 24, 2023
Sold by
Smathers Keener M and Smathers Joan W
Bought by
Burr Eric Thomas and Burr Jennifer Straut
Seller's Agent
Byron Bailey
GreyBeard Realty
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$1,499,000
Sold Price
$1,337,500
Premium/Discount to List
-$161,500
-10.77%
Views
320
Current Estimated Value
$1,472,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,939
Avg. Annual Appreciation
4.09%
Source: Public Records

Range of Values:

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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
Burr Eric Thomas $1,337,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $1,337,500 -10.8% $426 / Sq Ft
11/05/2022 11/05/22 For Sale $1,499,000 -- $478 / 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
2025 $6,738 $1,012,292 $297,100 $715,192
2024 $6,811 $1,012,292 $297,100 $715,192
2023 $6,537 $1,007,643 $297,100 $710,543
2022 $5,101 $646,616 $251,050 $395,566
2021 $5,096 $646,616 $251,050 $395,566
2020 $5,093 $646,616 $251,050 $395,566
2019 $5,094 $646,616 $251,050 $395,566
2018 $4,282 $541,709 $179,260 $362,449
2017 $4,281 $541,709 $179,260 $362,449
2016 $4,196 $541,709 $179,260 $362,449
2015 $4,196 $541,709 $179,260 $362,449
2014 $4,195 $541,709 $179,260 $362,449
2013 $4,197 $541,709 $179,260 $362,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3919241

Canopy MLS (Canopy Realtor® Association)

APN: 51018