NOT LISTED FOR SALE

1626 Braxton Gate Dr Unit 188 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $111,000 - $120,730

1.24 Acres
$93,440 Price per Acre
54,014 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $95,000

Est. 22% increase in value since last sale

Current estimated payment $793/month

26 Days on Market

Highlights

  • Assigned Boat Slip
  • Community Lake
  • Wooded Lot
  • Access To Lake
  • Clubhouse
  • Community Pool

About This Lot

As of August 2022

Large lot in Southpointe, a desirable waterfront community on Lake James. This 1.24 acre interior lot comes with deeded access to Boatslip #48. The community of Southpointe has access to public water and sewer and features a community clubhouse, pool, walking trails and direct access to the Fonta Flora county trail. This lot has the potential for some winter views!

Last Agent to Sell the Property

James Hall

Engel & Volkers Foothills Lake James License #291086 Listed on: 07/29/2022

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $495

Lot Details

  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Recreational/2nd House, Residential
  • Zoning described as R1

HOA Fees

  • $121 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Propane
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1764042021
  • Tax Block Phase 3

Community Details

Overview

  • Catawba Valley Property Management Association, Phone Number (828) 439-8834
  • Southpointe Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Access To Lake
  • Assigned Boat Slip
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$495

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 76612.90
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: www.sp-oa.org
  • Additional Information: None
  • Road Frontage Type: County Road, Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Water Body Name: Lake James
  • Waterfront Features: Boat Slip (Deed), Boat Slip (Lease/License)
  • Waterfront Elevation: 1000

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Fiber Optics, Propane, Telephone On-Site, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Lake Access, Outdoor Pool, Walking Trails
  • Association Fee: 1455
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Catawba Valley Property Management
  • Phone: 828-439-8834
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1455.00

Lot Info

  • Lot Features: Rolling Slope, Sloped, Winter View, Wooded
  • Lot Size Area: 1.24
  • Lot Size Units: Acres
  • Parcel Number: 1764042021
  • Out Buildings Yn: 0
  • Plat Book Slide: 15/69
  • Can Be Subdivided: 0
  • Lot Size: Irregular
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: Phase 3
  • RATIO List Price By Tax Amount: 1.69506

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 2, 2022
Sold by
Paul Larry D and Paul Linda M
Bought by
Perrine William G
Seller's Agent
James Hall
Engel & Volkers Foothills Lake James
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$99,500
Sold Price
$95,000
Premium/Discount to List
-$4,500
-4.52%
Views
2
Current Estimated Value
$115,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,865
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Sep 21, 2007
Sold by
Bossert Paul J and Bossert Ann S
Bought by
Paul Larry D and Paul Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,485
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Perrine William G $95,000 Jared T Amos Pllc
Paul Larry D $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paul Larry D $103,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $95,000 -4.5% --
07/29/2022 07/29/22 For Sale $99,500 -- --
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
2024 $495 $77,400 $77,400 $0
2023 $495 $77,400 $77,400 $0
2022 $455 $58,700 $58,700 $0
2021 $455 $58,700 $58,700 $0
2020 $455 $58,700 $58,700 $0
2019 $455 $58,700 $58,700 $0
2018 $538 $69,440 $69,440 $0
2017 $538 $69,440 $69,440 $0
2016 $528 $69,440 $69,440 $0
2015 $528 $69,440 $69,440 $0
2014 $528 $69,440 $69,440 $0
2013 $528 $69,440 $69,440 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889395

Canopy MLS (Canopy Realtor® Association)

APN: 55143