NOT LISTED FOR SALE

3492 Peninsula Pointe Dr NW Unit 102 Valdese, NC 28690

Estimated Value: $57,000

1.77 Acres
$32,203 Price per Acre
77,101 Sq Ft Lot

Last Sold October 19, 2023

Last sale price $50,000

Est. 14% increase in value since last sale

Current estimated payment $355/month

129 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Recreation Facilities
  • Heritage Middle School Rated A-
  • Wooded Lot

About This Lot

As of October 2023

Waterside lot 102- A large and beautifully laid out for several building sites to view Lake Rhodhiss. Waterside was developed with all ages in mind! A multi-purpose park and a lakeside community boat slip area. City water and sewer! Waterside is a young community with gently rolling wooded terrain just north of Valdese, NC, a very quaint but bustling small town full of rich history. You're at the very foot of the Blue Ridge Mountains on peaceful and serene Lake Rhodhiss.

Last Agent to Sell the Property

Barbie Fuller

NC Lake Property LLC License #224920 Listed on: 05/26/2023

Last Buyer's Agent

Niki Palmer

Realty Executives of Hickory License #305917

Realty Executives of Hickory

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $331

Lot Details

  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned R-12, R-12-A

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Drexel Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Underground Utilities
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 61340

Community Details

Overview

  • William Douglas Management Association
  • Waterside Subdivision
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$331

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet,Other - See Remarks
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Exterior Features: Other - See Remarks
  • Road Frontage: 160
  • View: Water, Year Round
  • Water Body Name: Lake Rhodhiss
  • Waterfront Features: Beach - Public, Boat Slip – Community, Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, None
  • Utilities: Electricity Connected, Fiber Optics, Phone Connected, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Recreation Area
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: William Douglas Management
  • ResoAssociationFeeFrequency: Annually
  • Association Email: mbroom@wmdouglas.com

Association/Amenities

  • Association Annual Expense: 300.00

Schools

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

Lot Info

  • Lot Features: Views, Wooded
  • Lot Size Area: 1.77
  • Lot Size Units: Acres
  • Parcel Number: 61340
  • Zoning: R-12-A
  • Plat Book Slide: 43/164
  • Can Be Subdivided: 0
  • Lot Size: Irregular
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-12

MLS Schools

  • Elementary School: Drexel
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Oct 18, 2023
Sold by
Fulghum Hogan and Fulghum Hillary
Bought by
Peters Katherine L and Johnson Deborah A
Seller's Agent
Barbie Fuller
NC Lake Property LLC
Buyer's Agent
Niki Palmer
Realty Executives of Hickory
List Price
$54,900
Sold Price
$50,000
Premium/Discount to List
-$4,900
-8.93%
Views
70
Current Estimated Value
$57,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,000
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
May 21, 2014
Sold by
Lr Acquisitions Llc
Bought by
Fulghum Hogan M and Fulghum Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,675
Interest Rate
4.36%
Mortgage Type
New Conventional
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
Peters Katherine L $50,000 None Listed On Document
Peters Katherine L $50,000 None Listed On Document
Fulghum Hogan M $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fulghum Hogan M $27,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2023 10/19/23 Sold $50,000 -8.9% --
05/26/2023 05/26/23 For Sale $54,900 -- --
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 $331 $192,324 $34,080 $158,244
2024 $332 $34,080 $34,080 $0
2023 $366 $34,080 $34,080 $0
2022 $231 $33,175 $33,175 $0
2021 $231 $33,175 $33,175 $0
2020 $226 $33,175 $33,175 $0
2019 $231 $33,175 $33,175 $0
2018 $240 $34,525 $34,525 $0
2017 $240 $34,525 $34,525 $0
2016 $235 $34,525 $34,525 $0
2015 $235 $34,525 $34,525 $0
2014 $235 $34,525 $34,525 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4017874

Canopy MLS (Canopy Realtor® Association)

APN: 61340