NOT LISTED FOR SALE

1551 Braxton Gate Dr Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $353,000 - $366,573

0.88 Acre
$408,849 Price per Acre
38,333 Sq Ft Lot

Sale Details

Date Sold: June 17, 2025

Last sale price $376,000

Est. 4% decrease in value since last sale

Current estimated payment $2,244 / mo

32 Days on Market

Highlights

  • Pier
  • Waterfront
  • Corner Lot
  • Boat Slip
  • Clubhouse
  • Community Pool

About This Lot

As of June 2025

This incredible waterfront lot features 142' of paved road frontage on a no outlet, cul-de-sac street, available city water/sewer utilities, sloping, wooded topography suitable for a multi-level home design with walkout basement extending to 113' of lake shoreline with existing floating dock and boat slip. Southointe is a Lake James waterfront community with amenities including clubhouse, community events, swimming pool and walking trails. Conveniently located in Morganton on the NE shores of Lake James at the Foothills of the North Carolina Blue Ridge Mountains, Southpointe is within an easy commute of Asheville, Hickory and Lenoir near entertainment, medical facilities, parks, recreation, restaurants, shopping and schools.

Last Agent to Sell the Property

Christy Bradshaw

Call It Closed International Inc Brokerage Email: christy@christyandcompany.com License #255850 Listed on: 03/29/2025

Last Buyer's Agent

Marty Revis

Fonta Flora Realty License #348639

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

HOA Fees

  • $93 Monthly HOA Fees

Lot Details

  • Waterfront
  • Corner Lot
  • Possible uses of the property include Residential
  • Property is zoned R-3

Additional Features

  • Water Views
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 55164

Community Details

Overview

  • Southpointe Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Pier
  • Boat Slip

Property Details

Property Type

Land

HOA Fees

$93 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: christy@christyandcompany.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Water
  • Water Body Name: Lake James
  • Waterfront Features: Beach - Private, Boat Slip (Deed), Dock, Pier
  • Foundation Details Proposed: Basement

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Walking Trails
  • Association Fee: 1115
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 1115.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 55164
  • Additional Parcels: No
  • Zoning Specification: R-3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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

Listed on
Mar 29, 2025
Closed on
Jun 6, 2025
Sold by
Owen Ralph Brian and Owen Melissa Carroll
Bought by
Seller's Agent
Christy Bradshaw
Call It Closed International Inc
Buyer's Agent
Marty Revis
Fonta Flora Realty
List Price
$450,000
Sold Price
$376,000
Premium/Discount to List
-$74,000
-16.44%
Views
9
Current Estimated Value
$359,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,213
Avg. Annual Appreciation
-3.49%
Original Mortgage
$186,000
Outstanding Balance
$184,226
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$175,561

Purchase Details

Closed on
May 24, 2022
Sold by
Lee Gragg Jonathan and Lee Kimberly L
Bought by
Owen Ralph Brian and Owen Melissa Carroll

Purchase Details

Closed on
Jul 17, 2020
Sold by
Power Rolfe J and Ower Barbara G
Bought by
Gragg Jonathan Lee and Gragg Kimberly L
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

  • 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
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  • 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

    80 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

    107 Total Sales

    7 in Lake James

    $28K - $390K Price Range

    Jeannie Conner
     Section Image
  • Ameliah Davidson Real Estate Agent - GreyBeard Realty

    Ameliah Davidson

    GreyBeard Realty

    (828) 484-0239

    113 Total Sales

    2 in Lake James

    $470K - $1.3M Price Range

    Ameliah Davidson
     Section Image
  • Luci Mae Lowery Real Estate Agent - Premier Sotheby's International Realty- Banner Elk

    Luci Mae Lowery

    Premier Sotheby's International Realty- Banner Elk

    (828) 624-3889

    40 Total Sales

    3 in Lake James

    $45K - $70K Price Range

    Luci Mae Lowery
     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
$376,000 None Listed On Document
Owen Ralph Brian $313,000 Amos Jared T
Gragg Jonathan Lee $155,000 None Available
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 $186,000
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
06/17/2025 06/17/25 Sold $376,000 -16.4% --
03/29/2025 03/29/25 For Sale $450,000 -- --
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 $1,874 $295,120 $293,800 $1,320
2024 $1,889 $295,120 $293,800 $1,320
2023 $1,889 $295,120 $293,800 $1,320
2022 $2,357 $304,099 $301,900 $2,199
2021 $2,357 $304,099 $301,900 $2,199
2019 $2,357 $304,099 $301,900 $2,199
2018 $2,343 $302,280 $302,280 $0
2017 $2,343 $302,280 $302,280 $0
2016 $2,297 $302,280 $302,280 $0
2015 $2,297 $302,280 $302,280 $0
2014 $2,297 $302,280 $302,280 $0
2013 $2,297 $302,280 $302,280 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Bradshaw Real Estate Agent - Call It Closed International Inc

    Seller's Agent in 2025

    Christy Bradshaw

    Call It Closed International Inc

    (704) 492-6161

    1 in this area

    410 Total Sales

    Christy Bradshaw
    Section Image

  • MR

    Buyer's Agent in 2025

    Marty Revis

    Fonta Flora Realty

    (828) 432-7193

    2 in this area

    15 Total Sales

    Marty Revis
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4240670

Canopy MLS

APN: 55164

North Carolina Burke County Morganton 28655 Lake James

1551 Braxton Gate Dr, 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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