NOT LISTED FOR SALE

Estimated Value: $930,940 - $1,358,000

5 Beds
4.5 Baths
3,281 Sq Ft
$341/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $1,530,000 $466 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $6,344/month

47 Days on Market

Highlights

  • Covered Dock
  • Waterfront
  • Community Lake
  • Boat Lift
  • Open Floorplan
  • Deck

About This Home

As of May 2022

Fabulous lake home located on 3 waterfront lots with just over 2 acres. Very private location, quiet cove w/covered 2 slip dock, 2 lifts, jet ski dock & sundeck area. This cottage was built for family gatherings & hosting friends. 5 total BRs with 3 on the main level, 2 in the lower level. Two share a full bath, the others w/private baths. Also an additional room in lower level currently used as a bunk room.Main level great room w/vaulted ceiling and a wall of windows & french doors leading to the open deck. Living area w/stone wood burning fireplace, kitchen with granite tops & island and walk in pantry. Screened porch with fireplace just off living area. Lower level family room and large laundry with room for extra fridge and freezer. Covered patio overlooks the lake and easy walk to water. Unfinished area for storage accessible from inside and out. This property has been used for short term rentals-rental history available. Turnkey furnished including 2004 22' Chris Craft boat.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 03/20/2022

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Lisa Griffin

Engel & Volkers Foothills Lake James License #170866

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Double Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Personal Watercraft Lift
  • Boat Lift
  • Covered Dock
  • Deck
  • Fireplace in Patio

Schools

  • Nebo Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1723-00-16-7140

Community Details

Overview

  • First Residential Association, Phone Number (704) 227-0890
  • The Arbor At Lake James Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,156

Year Built

Built in 2003

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2003
  • Ratio Current Price By Acre: 742718.45
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Pantry, Whirlpool
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1758
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 210
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 210
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Deck,Front,Screened
  • Appliances: Ceiling Fan(s), Convection Oven, Electric Cooktop, Dishwasher, Double Oven, Dryer, Electric Oven, Plumbed For Ice Maker, Microwave, Refrigerator, Security System, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1523
  • Fireplace Features: Gas Log, Living Room, Porch, Wood Burning
  • Living Area: 3281
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Satellite Internet Available, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Nebo
  • Construction Type: Site Built
  • Water Body Name: Lake James
  • Waterfront Features: Boat Lift, Covered structure, Dock, Personal Watercraft Lift
  • Waterfront Elevation: 1000
  • Construction Type: Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 0
  • Sq Ft Garage: 0
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Basement, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake, Picnic Area, Walking Trails
  • Association Fee: 715
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: First Residential
  • Phone: 7042270890
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake On Property, Lake Access, Private, Rolling Slope, Wooded, Water View, Waterfront, Wooded, Year Round View
  • Lot Size Area: 2.06
  • Lot Size Units: Acres
  • Parcel Number: 1723-00-16-7140
  • Plat Book Slide: 8/43,46
  • Additional Parcels Description: 172300151540,172300166043,172300168210
  • Zoning Description: R

Tax Info

  • RATIO List Price By Tax Amount: 2.04364

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2012
Sold by
Rose Jill W
Bought by
Rose John R and Rose Jill W
Current Estimated Value
$1,118,735

Purchase Details

Closed on
Dec 23, 2011
Sold by
Rose John R and Rose Jill W
Bought by
Rose Jill W and The Jill W Rose Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2008
Sold by
Rose Jill W
Bought by
Rose Jill W

Purchase Details

Closed on
Oct 28, 2008
Sold by
Rose Jill W
Bought by
Rose Jill W

Purchase Details

Closed on
May 23, 2007
Sold by
Westmoreland Donald L and Westmoreland Linda M
Bought by
Rose Jill W
Source: Public Records

Range of Values:

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Average Value
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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
Rose John R -- None Available
Rose Jill W -- None Available
Rose Jill W -- None Available
Rose Jill W -- None Available
Rose Jill W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Jill W $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2022 05/06/22 Sold $1,530,000 -5.8% $466 / Sq Ft
03/20/2022 03/20/22 For Sale $1,625,000 -- $495 / Sq Ft
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 $4,156 $622,110 $160,000 $462,110
2024 $4,156 $622,110 $160,000 $462,110
2023 $4,156 $622,110 $160,000 $462,110
2022 $3,425 $505,150 $160,000 $345,150
2021 $3,425 $505,150 $160,000 $345,150
2020 $3,475 $505,150 $0 $0
2019 $3,475 $424,480 $0 $0
2017 $2,761 $424,480 $0 $0
2016 $2,761 $409,480 $160,000 $249,480
2014 $2,716 $424,480 $160,000 $264,480
2013 -- $424,480 $160,000 $264,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3839633

Canopy MLS (Canopy Realtor® Association)

APN: 1723-00-16-7140