NOT LISTED FOR SALE

225 Gray Ridge View Dr Unit 68 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $1,617,000 - $2,147,399

1.11 Acres
$1,755,375 Price per Acre
48,352 Sq Ft Lot

Last Sold August 03, 2018

Last sale price $280,000

Est. 596% increase in value since last sale

Current estimated payment $11,073/month

337 Days on Market

About This Lot

As of August 2018

Are you ready to take a break and relax at your own lakeside retreat? This is the lot for you! Beautiful, big water views from this point lot #68 in The Peninsula at Lake James. This newly developed gated community offers underground utilities, a resident pavilion, an infinity pool overlooking picturesque Lake James, a community well and low HOA's! This lot features a fantastic building site with boundless lake views and an easy walk to the water. While you are building your dock, you can store your boat at nearby Bear Creek Marina (the only restaurant currently on Lake James) and use The Peninsula's community day docks! The Peninsula will also allow short term vacation rentals of 3 days or more! Now is the perfect time to build your dream vacation home AND income property!! The property has been soil tested and will perc. Septic tank needed. The Peninsula at Lake James is a short drive to downtown Marion, Asheville, the Pisgah National Forest, Linville Falls, and many other p

Last Agent to Sell the Property

James Hall

Engel & Volkers Foothills Lake James License #291086 Listed on: 07/25/2017

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Parker Broaddus

C Shane Cook & Associates License #296819

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $54 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1734-01-0315

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Business
  • Ratio Close Price By List Price: 0.93334
  • Ratio Current Price By Acre: 252252.25
  • Restrictions: Building, Manufactured Home Not Allowed, Subdivision, Use
  • Special Features: None

Condo/Co-op/Association

  • Association Fee: 650.00
  • Association Fee Frequency: Annually

Schools

  • Elementary School: North Cove
  • Middle School: East
  • High School: McDowell

Lot Info

  • Lot Dimension: 45 x 301 x 85 x 74 x 90 x 382
  • Lot Features: Waterfront, Lake, Sloping, Wooded
  • Lot Size Area: 1.110
  • Parcel Number: 1734-01-0315
  • Zoning Specification: Scenic O
  • Plat Reference Section Pages: 27/6

Tax Info

  • Tax Value: 250000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Mcbride Robert and Mcbride Patricia
Bought by
Robert W Mcbride Trust and Mcbride
Current Estimated Value
$1,948,466

Purchase Details

Listed on
Jul 25, 2017
Closed on
Aug 3, 2018
Sold by
Bauman Roc W and Bauman Connie L
Bought by
Mcbridge Robert and Mcbridge Patricia
Seller's Agent
James Hall
Engel & Volkers Foothills Lake James
Buyer's Agent
Parker Broaddus
C Shane Cook & Associates
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.92%

Purchase Details

Closed on
Jun 22, 2017
Sold by
The Peninsula At Lak James Llc
Bought by
Bauman Roc W and Rauman Connie L
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
Robert W Mcbride Trust -- None Listed On Document
Mcbridge Robert $280,000 None Available
Bauman Roc W $275,000 Austin Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2018 08/03/18 Sold $280,000 0.0% --
06/27/2018 06/27/18 Pending -- -- --
07/25/2017 07/25/17 For Sale $280,000 -- --
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 $8,266 $1,184,170 $375,000 $809,170
2024 $8,266 $1,184,170 $375,000 $809,170
2023 $8,266 $1,184,170 $375,000 $809,170
2022 $6,280 $886,970 $300,000 $586,970
2021 $6,102 $886,970 $300,000 $586,970
2020 $2,094 $300,000 $0 $0
2019 $2,094 $0 $0 $0
2017 $1,601 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB30905

Canopy MLS (Canopy Realtor® Association)

APN: 1734-00-01-0315