NOT LISTED FOR SALE

4498 Cobb Ave Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $281,154 - $340,000

3 Beds
2 Baths
1,056 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $173,000 $164 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,687/month

204 Days on Market

About This Home

As of May 2021

What a chance to live near Lake James with fall and winter views. Even if trees are removed.Boat docks so close, both public and private available.This 3 bed 2 bath home with some TLC will be a gem, for the permanent resident or weekend getaway.Great for Air bnb or rental. Sold as is where no guarantees. Home has been a rental and seller has not lived in it.Additional room in full basement for a den, not counted in footage. What a great opportunity to be this close to picturesque Lake James at this price....

Last Agent to Sell the Property

Roger Hart

Century 21 American Homes License #249783 Listed on: 09/03/2020

Century 21 American Homes

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 159xx158x82x28x140
  • Many Trees

Parking

  • Gravel Driveway

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 2 Full Bathrooms
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3322

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0.31 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.93061
  • Ratio Close Price By Original Li: 1.23571
  • Ratio Current Price By Acre: 558064.52
  • Ratio Current Price By Sq Ft: 163.83
  • Year Built: 1989
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Block, Concrete
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Window(s)
  • Equipment: Electric Range, Exhaust Hood, Refrigerator
  • Flooring: Carpet, Vinyl
  • Laundry Location: Basement
  • Room Count: 1
  • Main Level Sq Ft: 1056
  • Total Sq Ft: 1056
  • Sq Ft Unheated Basement: 1056
  • Sq Ft Unheated Total: 1056

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 159xx158x82x28x140
  • Lot Features: Trees, Water view
  • Parcel Number: 3322
  • Plat Book Slide: 2085/00667
  • Zoning Specification: R-1

Tax Info

  • Tax Value: 117153.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
May 19, 2021
Sold by
Pjr Homes Llc
Bought by
Pa-I Holdings Llc
Seller's Agent
Roger Hart
Century 21 American Homes
Buyer's Agent
Non Member
Canopy Administration
List Price
$185,900
Sold Price
$173,000
Premium/Discount to List
-$12,900
-6.94%
Current Estimated Value
$304,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,039
Avg. Annual Appreciation
12.38%
Original Mortgage
$184,450
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2012
Sold by
Dale Stuart Dean and Dale Rama
Bought by
Dale Rama and The Stuart Dean Dale Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pa-I Holdings Llc $250,000 None Listed On Document
Pa-I Holdings Llc $250,000 None Listed On Document
Pa-I Holdings Llc $250,000 None Listed On Document
Pjr Homes Llc $173,000 None Available
Dale Rama -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pjr Homes Llc $184,450
Previous Owner Pa-I Holdings Llc $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $173,000 -6.9% $164 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $185,900 +7.5% $176 / Sq Ft
03/15/2021 03/15/21 Off Market $173,000 -- --
02/08/2021 02/08/21 Price Changed $185,900 +0.5% $176 / Sq Ft
02/05/2021 02/05/21 Price Changed $185,000 -2.6% $175 / Sq Ft
01/14/2021 01/14/21 Price Changed $189,900 +18.8% $180 / Sq Ft
12/29/2020 12/29/20 Price Changed $159,900 0.0% $151 / Sq Ft
12/29/2020 12/29/20 For Sale $159,900 -7.6% $151 / Sq Ft
09/15/2020 09/15/20 Off Market $173,000 -- --
09/03/2020 09/03/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $140,000 -- $133 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,261 $178,491 $18,600 $159,891
2024 $1,266 $178,491 $18,600 $159,891
2023 $1,266 $178,491 $18,600 $159,891
2022 $1,013 $117,153 $18,600 $98,553
2021 $1,007 $117,153 $18,600 $98,553
2020 $1,003 $117,153 $18,600 $98,553
2019 $980 $117,153 $18,600 $98,553
2018 $918 $109,221 $18,600 $90,621
2017 $916 $109,221 $18,600 $90,621
2016 $895 $109,221 $18,600 $90,621
2015 $892 $109,221 $18,600 $90,621
2014 $869 $109,221 $18,600 $90,621
2013 $869 $109,221 $18,600 $90,621
Source: Public Records

Agents Affiliated with this Home

  • Roger Hart

    Seller's Agent in 2021

    Roger Hart

    Century 21 American Homes

    (828) 413-5217

    1 in this area

    28 Total Sales

    Roger Hart
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NC_CanopyMLS

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655146

Canopy MLS (Canopy Realtor® Association)

APN: 3322

North Carolina Burke County Morganton 28655 Lake James

4498 Cobb Ave, Morganton, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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