NOT LISTED FOR SALE

1534 Southpointe Dr Unit 101 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $125,695 - $250,000

0.81 Acre
$231,911 Price per Acre
35,284 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $92,500

Est. 103% increase in value since last sale

Current estimated payment $1,197/month

3 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Community Pool
  • Waterfront
  • Wooded Lot
  • Trails

About This Lot

As of July 2021

Lake Front lot on beautiful Lake James! This lot has a gentle slop down to the water with an easy trail to follow. This is a shallow water lot that is perfect for launching kayaks, canoes and of course... fishing! This property also comes with a Deeded Dock (dock D43) at the community dock located just a quick drive from this lot or short paddle from this lot. Underground utilities, public water and sewer at the street. Within an easy drive to Morganton and access to I-40. Located about half way between Asheville and Charlotte, this lake lot can be your getaway or the location for you new lake home! The community clubhouse is beautiful and has gated access to the gorgeous community pool. The owner is a licensed real estate broker.

Last Agent to Sell the Property

Tony Colella

Western Piedmont Real Estate, LLC License #279192 Listed on: 05/26/2021

Last Buyer's Agent

Liz Beach

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #200052

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

HOA Fees

  • $121 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1764050715

Community Details

Overview

  • Catawba Valley Property Management Association, Phone Number (828) 439-8834

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94872
  • Ratio Close Price By Original Li: 0.94872
  • Ratio Current Price By Acre: 114197.53
  • Restrictions: Architectural Review
  • Restrictions Description: See attached CC&R's
  • Special Features: None

Interior Features

  • H O A Management Phone: 828-439-8834

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • Community Features: Club House, Lake Access, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 1455.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Catawba Valley Property Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Trees, Waterfront, Wooded
  • Lot Size Area: 0.810
  • Parcel Number: 1764050715
  • Zoning Specification: Burke
  • Wooded Acres: 0.81

Tax Info

  • Tax Value: 64800.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2019
Closed on
Jun 10, 2019
Sold by
Smith David L and Smith Ramona
Bought by
Colella Anthony Joseph and Colella Jennifer J
Seller's Agent
Christie Leonard
WNC Real Estate at Lake James
Buyer's Agent
Tony Colella
Western Piedmont Real Estate, LLC
List Price
$67,900
Sold Price
$60,000
Premium/Discount to List
-$7,900
-11.63%
Current Estimated Value
$187,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,848
Avg. Annual Appreciation
19.69%
Original Mortgage
$45,000
Outstanding Balance
$19,117
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$168,731

Purchase Details

Closed on
May 10, 2006
Sold by
Hill Charles Jeffrey and Hill Dawn Sanderson
Bought by
Smith David L
Source: Public Records

Range of Values:

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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
Colella Anthony Joseph $60,000 None Available
Smith David L $172,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colella Anthony Joseph $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $92,500 -5.1% --
05/29/2021 05/29/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $97,500 +62.5% --
06/14/2019 06/14/19 Sold $60,000 -11.6% -- View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $67,900 -- --
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 $959 $108,100 $108,100 $0
2024 $729 $108,100 $108,100 $0
2023 $692 $108,100 $108,100 $0
2022 $502 $64,800 $64,800 $0
2021 $502 $64,800 $64,800 $0
2020 $492 $64,800 $64,800 $0
2019 $502 $64,800 $64,800 $0
2018 $596 $76,860 $76,860 $0
2017 $789 $101,860 $101,860 $0
2016 $774 $101,860 $101,860 $0
2015 $774 $101,860 $101,860 $0
2014 $774 $101,860 $101,860 $0
2013 $774 $101,860 $101,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3744461

Canopy MLS (Canopy Realtor® Association)

APN: 51045