NOT LISTED FOR SALE

281 Lentz Landing Ln Unit 6 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $1,260,000 - $1,772,000

0.57 Acre
$2,641,363 Price per Acre
24,829 Sq Ft Lot

Last Sold July 14, 2020

Last sale price $285,000

Est. 428% increase in value since last sale

Current estimated payment $8,547/month

14 Days on Market

Highlights

  • Covered Dock
  • Waterfront
  • Lot Has A Rolling Slope
  • Access To Lake

About This Lot

As of July 2020

One of the few remaining unbuilt waterfront lots in the Waterglyn community. Cleared and ready for your home. Just delivered double decked dock new in 2020. All aluminum with vinyl decking. Single slip with large swim platform. Shoreline stabilization in place. Quiet cove with deep water. Property is divided by private Lentz Landing to allow garage or small structure on right side of road. Waterglyn has city water; septic needed. Septic lot 6A conveys with property. Minimum square footage is just 1200sf and low HOA dues make this a fabulous opportunity to have your private lake home!

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James Brokerage Email: polly@lakejamesrealestate.com License #210179 Listed on: 05/07/2020

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,709

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 127x257x113x225
  • Waterfront
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned McDowell

HOA Fees

  • $9 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Nebo Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Underground Utilities
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1733-00-33-6983

Community Details

Overview

  • Kim Meyer Pres Association, Phone Number (312) 209-2235
  • Waterglyn Subdivision
  • Mandatory home owners association

Recreation

  • Access To Lake
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$7,709

Lot Details

0

HOA Fees

$9 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: polly@lakejamesrealestate.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Recreational, Residential
  • Room Count: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • Construction Type: Site Built
  • Road Frontage: 100
  • View: Water
  • Water Body Name: Lake James
  • Waterfront Features: Covered structure, Dock
  • Waterfront Elevation: 1000
  • Other Structures: Other - See Remarks, None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Connected, Phone Connected, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 110
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Kim Meyer-Pres
  • Phone: 312-209-2235
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Rolling Slope, Waterfront, Lake On Property
  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Parcel Number: 1733-00-33-6983
  • Zoning: None
  • Plat Book Slide: 5/17
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.57
  • Lot Size: 127x257x113x225
  • Lot Size Sq Ft: 24829
  • ResoLotSizeUnits: Acres
  • Zoning Specification: McDowell

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jul 14, 2020
Sold by
Farmer Glenn Richard and Farmer Helen Elizabeth
Bought by
Barngrover Russell H and Barngrover Judy M
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$1,505,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,220,577
Avg. Annual Appreciation
36.98%
Original Mortgage
$213,750
Outstanding Balance
$111,573
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,394,004

Purchase Details

Closed on
Nov 1, 1997
Bought by
Farmer Glenn Richard and Farmer Helen
Source: Public Records

Range of Values:

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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
Barngrover Russell H $285,000 None Available
Farmer Glenn Richard $66,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barngrover Russell H $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2020 07/14/20 Sold $285,000 -5.0% --
05/21/2020 05/21/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $299,900 -- --
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 $7,709 $1,154,050 $275,000 $879,050
2024 $7,709 $1,154,050 $275,000 $879,050
2023 $7,709 $1,154,050 $275,000 $879,050
2022 $5,755 $848,840 $180,000 $668,840
2021 $1,220 $180,000 $180,000 $0
2020 $1,238 $180,000 $0 $0
2019 $1,238 $0 $0 $0
2017 $1,171 $180,000 $0 $0
2016 $1,171 $0 $0 $0
2014 $1,152 $180,000 $180,000 $0
2013 -- $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3618702

Canopy MLS (Canopy Realtor® Association)

APN: 1733-00-33-6983