NOT LISTED FOR SALE

2228 Long Rifle Ridge Rd Unit 24 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $2,656,000 - $3,454,126

2.84 Acres
$1,075,726 Price per Acre
123,710 Sq Ft Lot

Last Sold September 01, 2016

Last sale price $425,000

Est. 522% increase in value since last sale

Current estimated payment $15,548/month

381 Days on Market

About This Lot

As of September 2016

Lot 24 is a gently sloped compound lot with amazing mature trees and is a short distance from Camp Lake James. Shoreline stabilization and boat dock with boat lift already in place and ready for use. A long range water view and a private cove view can be had from the building envelope. The lot size and location, gives this lot that ultimate feeling of privacy and yet still retains that sense of community. Topography for this lot is a rare find on Lake James. A gravel drive in allows for easy access from the road and the lot has already been perc tested for a 4 bedroom septic system. HOA and Camp Lake James dues are $3650 a year.

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

HOA Fees

  • $304 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1734527643

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Business
  • Ratio Close Price By List Price: 0.85170
  • Ratio Current Price By Acre: 149647.89
  • Restrictions: Subdivision
  • Special Features: None

Utilities

  • Water: Well Needed

Condo/Co-op/Association

  • Association Fee: 3650.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Waterfront, Lake, Sloping
  • Lot Size Area: 2.840
  • Parcel Number: 1734527643
  • Zoning Specification: Watershe

Tax Info

  • Tax Value: 442490.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Chamberlain Phillip J and Chamberlain Anette M
Bought by
Chamberlain Phillip John and Chamberlain Annette Marie
Current Estimated Value
$2,644,523

Purchase Details

Closed on
Jan 12, 2021
Sold by
Benthos Llc
Bought by
Lake James Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$386,082
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,311,622

Purchase Details

Listed on
Aug 17, 2015
Closed on
Sep 1, 2016
Sold by
Bowen Elizabeth H and Bowen William A
Bought by
Chamberlain Philip J and Chamberlain Annette M
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.54%

Purchase Details

Closed on
Jul 11, 2006
Sold by
1780 Llc
Bought by
Bowen Elizabeth H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chamberlain Phillip John -- None Available
Lake James Solutions Llc $65,000 None Available
Chamberlain Philip J $425,000 Attorney
Bowen Elizabeth H $635,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $425,000 0.0% --
09/01/2016 09/01/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $425,000 -- --
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 $14,678 $2,160,872 $710,530 $1,450,342
2024 $14,782 $2,160,872 $710,530 $1,450,342
2023 $14,782 $2,160,872 $710,530 $1,450,342
2022 $11,038 $1,344,336 $471,290 $873,046
2021 $11,308 $1,344,336 $471,290 $873,046
2020 $8,662 $979,071 $471,290 $507,781
2019 $8,531 $979,071 $471,290 $507,781
2018 $3,621 $442,490 $442,490 $0
2017 $3,606 $442,490 $442,490 $0
2016 $3,540 $442,490 $442,490 $0
2015 $3,673 $442,490 $442,490 $0
2014 $3,673 $442,490 $442,490 $0
2013 $3,673 $442,490 $442,490 $0
Source: Public Records

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB27813

Canopy MLS (Canopy Realtor® Association)

APN: 59795