NOT LISTED FOR SALE

1550 Braxton Gate Dr Unit 219 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $78,000

1.01 Acres
$77,228 Price per Acre
43,996 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $40,000

Est. 95% increase in value since last sale

Current estimated payment $555/month

331 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Trails
  • Community Lake
  • Community Pool
  • Level Lot

About This Lot

As of February 2020

Price Reduction! Now priced below tax value! Easily buildable and gently sloping interior 1 acre lot in beautiful Southpointe! Braxton Gate Drive is one of the quiestest and most private areas within the amazing community that offers a community pool and clubhouse as well as access to the walking trails within the Dry Creek Community. You can get onto the new Fonta Flora Trail directly from the community! Boatslip #113 is included.

Last Agent to Sell the Property

James Hall

Engel & Volkers Foothills Lake James License #291086 Listed on: 11/07/2018

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Bryan Jones

Keller Williams Unified License #212972

Keller Williams Unified

Property Details

Property Type

  • Land

HOA Fees

  • $113 Monthly HOA Fees

Lot Details

  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 1764045787

Community Details

Overview

  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

HOA Fees

$113 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80160
  • Ratio Close Price By Original Li: 0.66667
  • Ratio Current Price By Acre: 39603.96
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Lake, Lake Access, Outdoor Pool, Walking Trails
  • Association Fee: 1360.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 130*308*172*280
  • Lot Features: Lake Access, Level, Paved Frontage, Lake
  • Parcel Number: 1764045787
  • Zoning Specification: Burke
  • Plat Book Slide: 15/69

Tax Info

  • Tax Value: 43800.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Jan 11, 2018
Sold by
Fantry Victoria L and Fantry Gerald
Bought by
Cipparone Chad Barrett and Cipparone Michelle Ann
Buyer's Agent
James Hall
Engel & Volkers Foothills Lake James
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,000
Avg. Annual Appreciation
8.62%
Original Mortgage
$32,000
Outstanding Balance
$8,617
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$69,383
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cipparone Chad Barrett $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cipparone Chad Barrett $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2020 02/27/20 Sold $40,000 -19.8% --
01/30/2020 01/30/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $49,900 +24.8% --
11/30/2019 11/30/19 Off Market $40,000 -- --
03/15/2019 03/15/19 Price Changed $49,900 -16.8% --
03/05/2019 03/05/19 For Sale $60,000 +50.0% --
01/17/2018 01/17/18 Sold $40,000 0.0% -- View Prior Sale
12/06/2017 12/06/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $40,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $477 $75,100 $75,100 $0
2024 $481 $75,100 $75,100 $0
2023 $481 $75,100 $75,100 $0
2022 $339 $43,800 $43,800 $0
2021 $339 $43,800 $43,800 $0
2019 $339 $43,800 $43,800 $0
2018 $448 $57,851 $57,851 $0
2017 $448 $57,851 $57,851 $0
2016 $440 $57,851 $57,851 $0
2015 $440 $57,851 $57,851 $0
2014 $440 $57,851 $57,851 $0
2013 $440 $57,851 $57,851 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3480853

Canopy MLS (Canopy Realtor® Association)

APN: 55173

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