NOT LISTED FOR SALE

4528 Cobb Ave Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $133,000 - $329,000

2 Beds
1 Bath
1,454 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2013

Last sale price $49,000 $34 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $1,161 / mo

492 Days on Market

Highlights

  • Fruit Trees
  • Wood Burning Fireplace
  • Carpet
  • Cottage

About This Home

As of January 2013

Clean and cozy cottage ready for updating. Your chance to live at Lake James for a reasonable price. Awesome lake vies in winter replaced by your own orchard of apples and plums in the summer. Large family room with knotty pine paneling, huge brick fireplace and small sunroom for plants. Large kitchen/dining areas. Two bedrooms and additional room with no closet. New privacy fence built for patio. Unfinished basement with laundry, storage and wood stove. See MLS#21926 for sister cottage next door that has been renovated and is also available. This property also includes record #43830. Priced $30,000+ below tax value!!!

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • Fruit Trees
  • Wooded Lot

Home Design

  • Cottage

Interior Spaces

  • 1 Full Bathroom
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Oven

Flooring

  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 1764369875

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0.63 Acres

Listing Details

  • Property Type: Single Family
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.81673
  • Ratio Current Price By Acre: 77777.78
  • Ratio Current Price By Sq Ft: 33.70
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Equipment: Cooktop, Dishwasher, Oven, Refrigerator, Washer Connection
  • Fireplace Description: Gas Logs, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Room Count: 7
  • Total Sq Ft: 1454
  • Sq Ft Unheated Basement: 675
  • Sq Ft Unheated Total: 675

Exterior Features

  • Construction: Wood

Utilities

  • Heating: Electric Hot Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Septic Tank

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Fruit Trees, Views, Wooded
  • Parcel Number: 1764369875

Tax Info

  • Tax Value: 90006.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2011
Closed on
Jan 10, 2013
Sold by
Avery Johnese W and Avery James William
Bought by
Merrill Christopher Brian
List Price
$49,000
Sold Price
$49,000
Current Estimated Value
$202,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,981
Avg. Annual Appreciation
11.21%
Original Mortgage
$44,100
Outstanding Balance
$19,678
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$183,303

Purchase Details

Closed on
Aug 13, 2009
Sold by
Avery Johnese W and Avery James William
Bought by
Avery Johnese W and Pointon Harriett W
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Merrill Christopher Brian $49,000 None Available
Avery Johnese W -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Merrill Christopher Brian $44,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $49,000 0.0% $34 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
07/11/2011 07/11/11 For Sale $49,000 -- $34 / Sq Ft
Source: Canopy MLS

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 $751 $100,676 $28,200 $72,476
2024 $752 $100,676 $28,200 $72,476
2023 $752 $100,676 $28,200 $72,476
2022 $763 $85,689 $28,200 $57,489
2021 $757 $85,689 $28,200 $57,489
2020 $753 $85,689 $28,200 $57,489
2019 $736 $85,689 $28,200 $57,489
2018 $724 $84,071 $28,200 $55,871
2017 $722 $84,071 $28,200 $55,871
2016 $704 $84,071 $28,200 $55,871
2015 $701 $84,071 $28,200 $55,871
2014 $683 $84,071 $28,200 $55,871
2013 $673 $82,762 $28,200 $54,562
Source: Public Records

Map

Source: Canopy MLS

MLS Number: CARB21937

Canopy MLS

APN: 28508

North Carolina Burke County Morganton 28655 Lake James

4528 Cobb Ave, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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
Listings courtesy of Canopy MLS as distributed by MLS GRID

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