NOT LISTED FOR SALE

1377 Cedar Branch Ln Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,038,695

4 Beds
3 Baths
2,693 Sq Ft
$386/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2017

Last sale price $487,000 $181 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,365 / mo

310 Days on Market

Highlights

  • Waterfront
  • Cathedral Ceiling
  • Cottage
  • Wooded Lot
  • Wood Flooring
  • Walk-In Closet

About This Home

As of March 2017

New Lower Price!! Custom craftsman style home built in 2014, in desirable Southpointe Community at Lake James. This is truly a remarkable property steps away from the waters edge. Beautiful exposed beams, tongue and groove wood ceiling, cozy stone wood burning fireplace with custom Oak Hill Iron Works screen in great room, wood floors, informal dining area, gourmet kitchen with farm sink, stainless appliances, master suite has private door to outside deck, walk-in closet, tile shower, and dual sinks. Off great room is a screened porch that over looks wooded back yard and side deck for grilling. There are two additional bedrooms, full bath, and laundry also in main floor. Lower level, has family room with kitchen, private quest suite, full bath. There is a bunkroom for kids, that is not included in heated square footage and plenty of unfinished storage. Lower deck over looks wooded fenced in back yard. Double detached garage with additional storage, decks are Fiberon composite and Hard

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 83x24x18x196x214x288
  • Waterfront
  • Wooded Lot

HOA Fees

  • $104 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cottage

Interior Spaces

  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Oven

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 1754965596

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0.85 Acres

HOA Fees

$104 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Tri-Level
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.97419
  • Ratio Current Price By Acre: 572941.18
  • Ratio Current Price By Sq Ft: 180.84
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Dishwasher, Oven, Refrigerator, Security System, Washer Connection
  • Fireplace Description: Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s), Window Treatments
  • Room Count: 11
  • Sq Ft Basement: 965
  • Total Sq Ft: 2693
  • Sq Ft Unheated Basement: 573
  • Sq Ft Unheated Total: 573

Exterior Features

  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump - Heat
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1249.00
  • Association Fee Frequency: Annually

Lot Info

  • Lot Dimension: 83x24x18x196x214x288
  • Lot Features: Cul-de-sac Lot, Waterfront, Sloping, Wooded
  • Parcel Number: 1754965596
  • Plat Reference Section Pages: 12/113
  • Zoning Specification: Watershe

Tax Info

  • Tax Value: 389015.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2019
Sold by
Matthews Burnham Keith and Matthews Debra D
Bought by
Current Estimated Value
$1,038,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$157,749
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$880,946

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
List Price
$487,000
Sold Price
$487,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$413,950
Interest Rate
4.19%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lake James, NC

  • Brandon Braswell Real Estate Agent - Realty Group 1 LLC

    Brandon Braswell

    Realty Group 1 LLC

    (828) 655-7725

    133 Total Sales

    3 in Lake James

    $32K - $450K Price Range

    Brandon Braswell
     Section Image

  • AW

    Ali Whitman

    GreyBeard Realty

    (828) 672-3940

    101 Total Sales

    5 in Lake James

    $17K - $60K Price Range

    Ali Whitman
     Section Image
  • Julia Burdette Real Estate Agent - Nest Realty Asheville

    Julia Burdette

    Nest Realty Asheville

    (828) 672-2408

    47 Total Sales

    1 in Lake James

    $435,000 Price

    Julia Burdette
     Section Image
  • allison holtzman Real Estate Agent - Realty Executives of Hickory

    allison holtzman

    Realty Executives of Hickory

    (828) 624-6384

    37 Total Sales

    1 in Lake James

    $286,000 Price

    allison holtzman
     Section Image
  • Susan Stroman Real Estate Agent - Premier Properties of the Carolinas

    Susan Stroman

    Premier Properties of the Carolinas

    (910) 713-1194

    79 Total Sales

    1 in Lake James

    $132,500 Price

    Susan Stroman
     Section Image
  • Jeannie Conner Real Estate Agent - Greybeard Realty Old Fort Office

    Jeannie Conner

    Responds Quickly

    Greybeard Realty Old Fort Office

    (828) 900-1600

    106 Total Sales

    7 in Lake James

    $28K - $390K Price Range

    Jeannie Conner
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 None Available
Matthews Burnham Keith $487,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $100,000
Open Imes John W $432,000
Closed Imes John W $54,000
Previous Owner Matthews Burnham Keith $413,950
Previous Owner Waltman Burton J $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $487,000 0.0% $181 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
04/28/2016 04/28/16 For Sale $487,000 -- $181 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Map

Source: Canopy MLS

MLS Number: CARB28933

Canopy MLS

APN: 51015

North Carolina Burke County Morganton 28655 Lake James

1377 Cedar Branch Ln, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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