NOT LISTED FOR SALE

4542 Cobb Ave Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $204,000 - $264,000

2 Beds
1.5 Baths
1,410 Sq Ft
$163/Sq Ft Est. Value

Last Sold March 16, 2023

Last sale price $178,570 $127 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,295/month

3 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Cottage
  • Deck
  • No HOA
  • Rear Porch

About This Home

As of March 2023

Location, Location, Location!!! This home is located in the Lake James area with views of the lake from the back oversized deck. It has 2 bedrooms, 1 full bath, 1 half bath and an extra room for an office space. When you walk into this home, you'll notice the spacious living room with a brick wood-burning fireplace, big windows, and hardwood flooring. The updated kitchen has white tile countertops, double sinks, painted cabinets, and new flooring. The dining area is so cute with its rustic decor and design. The bedrooms are adorable and perfectly situated for this cottage. The basement has plenty of storage to help maintain the living quarters upstairs. If you enjoy the Lake life, you'll love being here. With Burke County Zoning approval/permit, you could VRBO or Airbnb this property. Make your appointment to view this very affordable home.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: greg@fontaflorarealty.com License #147122 Listed on: 01/27/2023

Last Buyer's Agent

Kevin Miller

GreyBeard Realty License #315502

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.48 Acre Lot
  • Paved or Partially Paved Lot
  • Sloped Lot

Parking

  • Parking Lot

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Water Views
  • Electric Cooktop
  • Laundry Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Deck
  • Rear Porch

Schools

  • Glen Alpine Elementary School
  • Table Rock Middle School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1764460787

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.48 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1955
  • Restrictions: No Restrictions
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 126.65
  • Attribution Contact: greg@fontaflorarealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1410
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 724
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 724
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Water Heater
  • Above Grade Finished Sq Ft: 1410
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Living Area: 1410
  • Bedroom Main: 2

Exterior Features

  • New Construction: No
  • Roof: Fiberglass
  • Construction Type: Site Built
  • View: Long Range, Water, Winter
  • Water Body Name: Lake James
  • Waterfront Features: None
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Open Parking: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Features: Paved, Sloped, Views
  • Lot Size Units: Acres
  • Parcel Number: 1764460787
  • Zoning: R-1
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 20908
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Mar 1, 2017
Sold by
Lackey Properties Llc
Bought by
Whisnant Joshua Wayne and Whisnant Lesliann Elizabeth
Seller's Agent
Lauren Peach
Engel & Volkers Foothills Lake James
Buyer's Agent
Eddie Grindstaff
Burke Real Estate Inc.
List Price
$96,500
Sold Price
$96,500
Current Estimated Value
$229,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,436
Avg. Annual Appreciation
10.09%
Original Mortgage
$96,500
Outstanding Balance
$80,200
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$149,736
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Whisnant Joshua Wayne $97,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whisnant Joshua Wayne $96,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $178,570 -18.1% $127 / Sq Ft
01/27/2023 01/27/23 For Sale $218,000 +125.9% $155 / Sq Ft
03/10/2017 03/10/17 Sold $96,500 0.0% $68 / Sq Ft View Prior Sale
02/07/2017 02/07/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $96,500 -- $68 / 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 $1,190 $167,672 $30,227 $137,445
2024 $1,195 $167,672 $30,227 $137,445
2023 $892 $121,857 $30,227 $91,630
2022 $877 $100,022 $30,204 $69,818
2021 $871 $100,022 $30,204 $69,818
2020 $867 $100,022 $30,204 $69,818
2019 $847 $100,022 $30,204 $69,818
2018 $835 $98,473 $30,204 $68,269
2017 $812 $95,781 $27,000 $68,781
2016 $793 $95,781 $27,000 $68,781
2015 $790 $95,781 $27,000 $68,781
2014 $769 $95,781 $27,000 $68,781
2013 $769 $95,781 $27,000 $68,781
Source: Public Records

Agents Affiliated with this Home

  • Greg Shuffler

    Seller's Agent in 2023

    Greg Shuffler

    Fonta Flora Realty

    (828) 413-7255

    34 in this area

    165 Total Sales

    Greg Shuffler
    Section Image
  • Kevin Miller

    Buyer's Agent in 2023

    Kevin Miller

    GreyBeard Realty

    (704) 579-6971

    3 in this area

    49 Total Sales

    Kevin Miller
    Section Image

  • L

    Seller's Agent in 2017

    Lauren Peach

    Engel & Volkers Foothills Lake James

  • E

    Buyer's Agent in 2017

    Eddie Grindstaff

    Burke Real Estate Inc.

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3938501

Canopy MLS (Canopy Realtor® Association)

APN: 21899

North Carolina Burke County Morganton 28655 Lake James

4542 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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