NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,255,242

4 Beds
3 Baths
3,021 Sq Ft
$400/Sq Ft Est. Value

Last Sold October 02, 2019

Last sale price $745,000 $247 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,003/month

1,111 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • 1-Story Property
  • Vaulted Ceiling
  • Walk-In Closet

About This Home

As of October 2019

One of the most amazing views in Burke county from this home. Enjoy long range mountain views including table rock, Grandfather Mtn and Mt Mitchell plus long range lake views from this wonderfully maintained ranch home with mostly finished basement. Home features wrap around deck, garage in basement but wait till you see inside. Vaulted ceilings, gourmet kitchen w/viking cook-top, all stainless appliances, and large master-suite w/french doors to access lake views, large living room and family room both with beautiful stone fireplaces are just some of the features with this very custom home including extensive landscaping with large patio w/fire-pit overlooking lake. The boat slips for the subdivision were destroyed during the last big storm. The HOA members plan to rebuild the community boat slips. A pro-rated cost may be incurred by each lot owner.

Last Agent to Sell the Property

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/28/2016

Coldwell Banker Newton RE

Last Buyer's Agent

Tim Newton

Coldwell Banker Newton RE License #103382 Listed on: 07/28/2016

Coldwell Banker Newton RE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 0.78

Parking

  • 1

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1753994474

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.90303
  • Ratio Close Price By Original Li: 0.77685
  • Ratio Current Price By Acre: 955128.21
  • Ratio Current Price By Sq Ft: 246.61
  • Year Built: 2003
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Window(s)
  • Equipment: Cooktop Electric, Dishwasher, Refrigerator, Wall Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet(s)
  • Room Count: 5
  • Sq Ft Basement: 1282
  • Main Level Sq Ft: 1739
  • Total Sq Ft: 3021
  • Sq Ft Unheated Basement: 457
  • Sq Ft Unheated Total: 457

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Basement, Garage - 1 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Glen Alpine
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Waterfront, Lake Access
  • Lot Size Area: 0.780
  • Parcel Number: 1753994474
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 587950.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 2, 2019
Sold by
Gragg Robert Milton and Gragg Bonnie J
Bought by
Kennedy Donald and Kennedy Vickie K
Seller's Agent
Tim Newton
Coldwell Banker Newton RE
Buyer's Agent
Tim Newton
Coldwell Banker Newton RE
List Price
$825,000
Sold Price
$745,000
Premium/Discount to List
-$80,000
-9.7%
Current Estimated Value
$1,208,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,061
Avg. Annual Appreciation
8.29%
Original Mortgage
$596,000
Outstanding Balance
$522,126
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$685,935
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
Kennedy Donald $745,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Donald $596,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2019 10/02/19 Sold $745,000 -9.7% $247 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
10/17/2018 10/17/18 Price Changed $825,000 0.0% $273 / Sq Ft
10/17/2018 10/17/18 For Sale $825,000 +10.7% $273 / Sq Ft
10/01/2018 10/01/18 Off Market $745,000 -- --
07/28/2016 07/28/16 For Sale $959,000 -- $317 / Sq Ft
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 $7,400 $1,115,701 $488,430 $627,271
2024 $6,387 $998,921 $488,430 $510,491
2023 $6,387 $954,403 $488,430 $465,973
2022 $5,827 $722,702 $413,900 $308,802
2021 $5,821 $722,702 $413,900 $308,802
2020 $5,960 $740,592 $413,900 $326,692
2019 $5,915 $753,974 $372,650 $381,324
2018 $4,629 $587,950 $302,800 $285,150
2017 $4,627 $587,950 $302,800 $285,150
2016 $4,533 $587,950 $302,800 $285,150
2015 $4,530 $587,950 $302,800 $285,150
2014 $4,411 $587,950 $302,800 $285,150
2013 $4,411 $587,950 $302,800 $285,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9590984

Canopy MLS (Canopy Realtor® Association)

APN: 55628