NOT LISTED FOR SALE

1642 Braxton Gate Dr Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,312,000 - $1,505,000

5 Beds
4 Baths
3,400 Sq Ft
$412/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2020

Last sale price $805,000 $237 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $7,937 / mo

3 Days on Market

Highlights

  • Waterfront
  • Contemporary Architecture
  • Community Pool
  • Clubhouse
  • Private Lot
  • Attached Garage

About This Home

As of June 2020

Builder's personal waterfront home. Light filled amazing new home with contemporary flair, on a cove of Lake James, a 6,812 acre lake with 150 miles of shoreline. The cove is surrounded by only 12 large home sites in SouthPointe, a pristine community of beautiful homes, trees & forest, and lake front splendor. The home has a covered dock and boat slip, an easy to care for natural landscape, and ample room in the open kitchen (Thermador appliances, huge pantry) & great room area for hanging out with the family or entertaining the neighbors. Amazing lighting and interior features: windows, doors, sinks, hardware are carefully chosen high-end quality. 5 BRs, 4 Baths. Master suite, parking, kitchen, great room all on main level. Master bath has huge walk-in shower with two heads and built-in bench. Quiet culdesac. Community pool & clubhouse. Nestled in the Blue Ridge Mountains only an hour from Asheville, minutes to historic downtown Morganton, Pisgah National Forest.

Last Agent to Sell the Property

Jennifer Shattuck

Blue Ridge Communities LLC License #262387 Listed on: 05/20/2020

Co-Listed By

Dan Shattuck

Arrow Realty and Land Development License #202209

Last Buyer's Agent

Denice Rechtiene

Lake Homes Realty LLC License #257118

Lake Homes Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • Waterfront
  • Private Lot

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 55144

Community Details

Recreation

  • Community Pool
  • Trails

Additional Features

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

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

1.57 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.07333
  • Ratio Close Price By Original Li: 1.07333
  • Ratio Current Price By Acre: 512738.85
  • Ratio Current Price By Sq Ft: 236.76
  • Year Built: 2015
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Double Oven, Gas Oven, Gas Range, Microwave, Refrigerator
  • Flooring: Carpet, Tile
  • H O A Management Phone: 8284398834
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 1460
  • Main Level Sq Ft: 1940
  • Total Sq Ft: 3400

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Walking Trails
  • HOA Management Company: Catawba Valley Property Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cul-de-sac Lot, Lake Access, Private, Waterfront
  • Parcel Number: 55144
  • Plat Book Slide: 15/69
  • Plat Reference Section Pages: 15/69
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 631978.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 10, 2020
Sold by
Gragg Jonathan Lee and Gragg Kimberly L
Bought by
Farmer Michael S and Farmer Pamela H
Seller's Agent
Jennifer Shattuck
Blue Ridge Communities LLC
Buyer's Agent
Denice Rechtiene
Lake Homes Realty LLC
List Price
$750,000
Sold Price
$805,000
Premium/Discount to List
$55,000
7.33%
Current Estimated Value
$1,400,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,256
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Burnette Kelly L and Burnette Duane S
Bought by
Gragg Jonathan Lee and Gragg Kimberly L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farmer Michael S $805,000 None Available
Gragg Jonathan Lee $130,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $805,000 +7.3% $237 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $750,000 -- $221 / Sq Ft
Source: Canopy MLS

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 $6,768 $1,030,315 $300,700 $729,615
2024 $6,794 $1,030,315 $300,700 $729,615
2023 $6,811 $1,024,458 $300,700 $723,758
2022 $5,710 $697,239 $170,350 $526,889
2021 $5,480 $697,239 $170,350 $526,889
2020 $4,970 $631,978 $170,350 $461,628
2019 $4,970 $631,978 $170,350 $461,628
2018 $4,782 $607,781 $156,420 $451,361
2017 $4,503 $571,964 $156,420 $415,544
2016 $4,249 $550,467 $156,420 $394,047
2015 $1,189 $550,467 $156,420 $394,047
2014 $1,189 $156,420 $156,420 $0
2013 $1,189 $156,420 $156,420 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jennifer Shattuck

    Blue Ridge Communities LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Dan Shattuck

    Arrow Realty and Land Development

    (828) 754-0700

    56 Total Sales

    Dan Shattuck
    Section Image

  • D

    Buyer's Agent in 2020

    Denice Rechtiene

    Lake Homes Realty LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3622812

Canopy MLS

APN: 55144

North Carolina Burke County Morganton 28655 Lake James

1642 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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