NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $2,481,000

4 Beds
3 Baths
3,754 Sq Ft
$474/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $1,415,000 $377 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,939/month

3 Days on Market

Highlights

  • Boathouse
  • Boat Slip
  • Open Floorplan
  • Covered Dock
  • Waterfront
  • Deck

About This Home

As of February 2022

STUNNING LAKEFRONT LAKE JAMES MCDOWELL COUNTY/NEBO NC DREAM HOME WITH LONG RANGE PANORAMIC MOUNTAIN AND LAKE VIEWS. Enjoy your best lake life at 233 Magnolia Dr with its perfect floor plan, expansive deck and screened porch overlooking the lake, and easy/gentle sloped access to your covered dock and 120' of sea-walled shoreline. Spacious and meticulously maintained home inside and out with open floor plan, soaring ceilings, cozy fireplaces, and extraordinary spaces indoors and outdoors for entertaining. Primary owner's suite on main level is a serene retreat. Additional bedroom and bathroom on main level ideal for guests. Upper level has a bonus/office space and is plumbed for additional bathroom. Lower level living room with two additional bedrooms, and spacious full bathroom provide space to host family and friends who will love your lake home as much as you do. Many updates including new roof in 2021 and new heat pump in 2015. Your NC Lake Life Awaits!

Last Agent to Sell the Property

Angela Cullen

Nest Realty Asheville License #252465 Listed on: 12/04/2021

Nest Realty Asheville

Last Buyer's Agent

Scott McKenzie

Carolina Mountain Sales License #271578

Carolina Mountain Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 2001

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Propane Fireplace
  • Living Room with Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Boathouse
  • Covered Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Community Details

  • See Rpd Association
  • Lakeview Shores Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 1733-00-43-8966

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,587

Year Built

Built in 2001

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 1886666.67
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1842
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 414
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 414
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 528
  • Porch: Back,Balcony,Covered,Deck,Patio
  • Fixture Exception Description: propane tank
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1384
  • Fireplace Features: Living Room, Propane
  • Living Area: 3754
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake James
  • Waterfront Features: Boat House, Boat Slip (Deed), Covered structure, Dock
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 587
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: See RPD
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake Access, Mountain View, Wooded, Views, Water View, Waterfront, Year Round View
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 1733-00-43-8966
  • Plat Book Slide: 4/330
  • Zoning Description: RES

Tax Info

  • RATIO List Price By Tax Amount: 2.67982

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Jan 11, 2022
Sold by
Johnson George A and Johnson Suzanne M
Bought by
R Brian Moore Md & Ruchi P Moore Md Living Tr and Moo Ruchi
Seller's Agent
Angela Cullen
Nest Realty Asheville
Buyer's Agent
Scott McKenzie
Carolina Mountain Sales
List Price
$1,500,000
Sold Price
$1,415,000
Premium/Discount to List
-$85,000
-5.67%
Current Estimated Value
$1,780,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,973
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,061,250
Outstanding Balance
$982,346
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$798,627

Purchase Details

Closed on
Aug 1, 1990
Bought by
Johnson George A and Johnson Suzanne M
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
R Brian Moore Md & Ruchi P Moore Md Living Tr $2,830 Little And Lattimore Pa
Johnson George A $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R Brian Moore Md & Ruchi P Moore Md Living Tr $1,061,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $1,415,000 -5.7% $377 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $1,500,000 -- $400 / 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 $6,587 $986,060 $140,000 $846,060
2024 $6,587 $986,060 $140,000 $846,060
2023 $6,587 $986,060 $140,000 $846,060
2022 $3,795 $559,740 $120,000 $439,740
2021 $3,821 $559,740 $120,000 $439,740
2020 $3,879 $559,740 $0 $0
2019 $3,881 $354,310 $0 $0
2017 $2,338 $354,310 $0 $0
2016 $2,341 $346,810 $100,000 $246,810
2014 $2,303 $354,310 $100,000 $254,310
2013 -- $354,310 $100,000 $254,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3809708

Canopy MLS (Canopy Realtor® Association)

APN: 1733-00-43-8966