NOT LISTED FOR SALE

420 Sunset Point Pkwy Unit 40 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $1,022,613 - $1,461,000

1.18 Acres
$1,050,173 Price per Acre
51,401 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $210,000

Est. 490% increase in value since last sale

Current estimated payment $8,098/month

350 Days on Market

About This Lot

As of July 2018

REDUCED 20K! Enjoy deep water views and gentle mountain breezes from this exceptional waterfront property on Lake James. This gently sloping 1.18 acre lot has beautiful southern exposure with the elevation to enhance the stunning Mt. Mitchell views and lovely western North Carolina sunsets. A driveway has been cut in and the cleared building site is in place. The property will perc and the permit allows for a 3BR home. This beautiful, wooded lot is the perfect site for a weekend getaway or to use as your year round residence. With 94ft of stabilized shoreline, the possibilities are endless! Minimal HOA dues cover maintenance of the park-like community areas and streets. Amenities in Sunset Point include a private community picnic area, pavilion, and a boatslips. Properties are accessible via paved private maintained roads and secure gated access.

Last Agent to Sell the Property

Lauren Peach

Engel & Volkers Foothills Lake James License #287740 Listed on: 07/07/2017

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $1,125 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 172400623641

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$1,125 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Business
  • Ratio Close Price By List Price: 0.95890
  • Ratio Current Price By Acre: 177966.10
  • Restrictions: Building, Manufactured Home Not Allowed, Subdivision
  • Special Features: None

Condo/Co-op/Association

  • Association Fee: 1125.00
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimension: 40x312x625x94x353+/-
  • Lot Features: Mountain View, Waterfront, Lake, Sloping, Wooded
  • Lot Size Area: 1.180
  • Parcel Number: 172400623641
  • Zoning Specification: Scenic O
  • Plat Reference Section Pages: 7/56-57

Tax Info

  • Tax Value: 180000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2021
Sold by
Kren Richard J
Bought by
Richard J Kren Revocable Trust
Current Estimated Value
$1,239,204

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 17, 2018
Sold by
Macleod Arthur W and Macleod Mary Louise
Bought by
Kren Richard J
Seller's Agent
Lauren Peach
Engel & Volkers Foothills Lake James
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.79%

Purchase Details

Closed on
Dec 1, 2004
Bought by
Macleod Arthur W and Mary Louise
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
Richard J Kren Revocable Trust -- None Available
Kren Richard J $210,000 None Available
Macleod Arthur W $195,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $210,000 0.0% --
06/22/2018 06/22/18 Pending -- -- --
07/07/2017 07/07/17 For Sale $210,000 -- --
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 $4,838 $693,070 $262,500 $430,570
2024 $4,838 $693,070 $262,500 $430,570
2023 $4,838 $693,070 $262,500 $430,570
2022 $3,766 $531,990 $210,000 $321,990
2021 $3,660 $531,990 $210,000 $321,990
2020 $3,713 $531,990 $0 $0
2019 $1,466 $0 $0 $0
2017 $1,153 $180,000 $0 $0
2016 $1,153 $0 $0 $0
2014 $1,098 $180,000 $180,000 $0
2013 -- $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB30825

Canopy MLS (Canopy Realtor® Association)

APN: 1724-00-62-3641