NOT LISTED FOR SALE

1377 Cedar Branch Ln Unit 72 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $871,498 - $1,183,000

4 Beds
3 Baths
2,693 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $540,000 $201 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,806/month

8 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Wooded Lot
  • Community Lake
  • Private Lot
  • Arts and Crafts Architecture

About This Home

As of November 2019

Custom built, meticulously maintained, craftsman style home in Southpointe. Beautiful exposed beams,tongue & groove wood ceiling, cozy stone, woodburning FP w custom Oak Hill Iron Works screen in great room, informal dining area, chefs kitchen w newer appliances, farm sink opening to large screened porch, deck w grilling area. Master Suite on main w walk in closet, tiled shower, dual vanity. Two add'l BR & full BA w walk in tiled shower & laundry room on main. Lower level: family room w kitchenette including dishwasher, add'l private suite w full bath, unheated playroom/bunk room for add'l guest space(not included in sq ft).Large unfinished area for storage. Opens to gorgeous stone waterfall, fire pit area beautifully landscaped w hummingbird & butterfly gardens w seasonal perennial plantings, fenced yard. Detached 2 car garage. Easy access to lake w boat slip #3 just steps from home, community pool,clubhouse,walking trails. 15 minutes to downtown Morganton for shopping,dining,etc

Last Agent to Sell the Property

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976 Listed on: 09/24/2019

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Bryan Jones

Keller Williams Unified License #212972

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Pocket Doors
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Fire Pit

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1754-96-5596

Community Details

Overview

  • Cvpm Association, Phone Number (828) 439-8834
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96446
  • Ratio Close Price By Original Li: 0.96446
  • Ratio Current Price By Acre: 635294.12
  • Ratio Current Price By Sq Ft: 200.52
  • Year Built: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Pocket Doors
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • H O A Management Phone: 828-439-8834
  • Interior Amenities: Cable Available, Kitchen Island, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 965
  • Main Level Sq Ft: 1728
  • Total Sq Ft: 2693
  • Sq Ft Unheated Basement: 573
  • Sq Ft Unheated Total: 573

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Underground Power Lines, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 1260.00
  • Association Fee Frequency: Annually
  • HOA Management Company: CVPM
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 83x24x18x196x214x288
  • Lot Features: Artificial Waterfall, Private, Rolling, Trees, Wooded
  • Lot Size Area: 0.850
  • Parcel Number: 1754-96-5596
  • Plat Reference Section Pages: 295
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 490630.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 12, 2019
Sold by
Matthews Burnham Keith and Matthews Debra D
Bought by
Imes John W and Imes Julie A
Seller's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
Buyer's Agent
Bryan Jones
Keller Williams Unified
List Price
$559,900
Sold Price
$540,000
Premium/Discount to List
-$19,900
-3.55%
Current Estimated Value
$1,000,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,375
Avg. Annual Appreciation
10.96%
Original Mortgage
$432,000
Outstanding Balance
$199,010
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$801,365

Purchase Details

Listed on
Apr 28, 2016
Closed on
Feb 23, 2017
Sold by
Waltman Burton J and Waltman Jane C
Bought by
Matthews Burnham Keith and Matthews Debra D
Seller's Agent
Denice Rechtiene
Lake Homes Realty LLC
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$549,900
Sold Price
$487,000
Premium/Discount to List
-$62,900
-11.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$413,950
Interest Rate
4.19%
Mortgage Type
New Conventional
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
Imes John W $540,000 None Available
Matthews Burnham Keith $487,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imes John W $432,000
Previous Owner Matthews Burnham Keith $413,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2019 11/12/19 Sold $540,000 -3.6% $201 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $559,900 +15.0% $208 / Sq Ft
03/16/2017 03/16/17 Sold $487,000 -11.4% $181 / Sq Ft View Prior Sale
02/17/2017 02/17/17 Pending -- -- --
04/28/2016 04/28/16 For Sale $549,900 -- $204 / 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 $4,765 $735,842 $73,500 $662,342
2024 $4,797 $735,842 $73,500 $662,342
2023 $4,797 $735,842 $73,500 $662,342
2022 $3,829 $483,438 $92,500 $390,938
2021 $3,823 $483,438 $92,500 $390,938
2020 $3,819 $483,438 $92,500 $390,938
2019 $3,874 $490,630 $92,500 $398,130
2018 $3,134 $395,042 $67,100 $327,942
2017 $3,085 $389,015 $67,100 $321,915
2016 $3,128 $389,015 $67,100 $321,915
2015 $3,126 $389,015 $67,100 $321,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3553017

Canopy MLS (Canopy Realtor® Association)

APN: 51015