NOT LISTED FOR SALE

Estimated Value: $993,000 - $1,429,775

0.58 Acre
$2,081,800 Price per Acre
25,265 Sq Ft Lot

Last Sold April 11, 2023

Last sale price $340,000

Est. 255% increase in value since last sale

Current estimated payment $6,729/month

7 Days on Market

Highlights

  • Access To Lake
  • Mountain View
  • Community Pool
  • Waterfront
  • Wooded Lot
  • Tennis Courts

About This Lot

As of April 2023

You won't want to miss the spectacular mountain and lake views from this waterfront lot in the East Shores community. One of the few remaining unbuilt waterfront lots in this established community. 110 feet of shoreline with additional improvements to the lot including the graded homesite, installed septic system and shoreline stabilization. Private dock can be applied for through Duke Energy. East Shores has community pool, tennis and basketball courts just a short walk from the lot. 20 minutes to downtown Morganton and 1-40. Enjoy all that Lake James has to offer from your private waterfront lot.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James Brokerage Email: polly.leadbetter@evrealestate.com License #210179 Listed on: 03/20/2023

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Rachel Alosky Stark

Patton Allen Real Estate LLC License #282997

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,505

Lot Details

  • Lot Dimensions are 100x252x110x237
  • Waterfront
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Interior Spaces

  • Wired For Data
  • Mountain Views

Schools

  • Glen Alpine Elementary School
  • Table Rock Middle School
  • Freedom High School

Utilities

  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 48194

Community Details

Overview

  • East Shores Poa, Phone Number (790) 982-8443
  • East Shores Subdivision
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Indoor Game Court
  • Community Pool
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$3,505

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: Yes
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: polly.leadbetter@evrealestate.com
  • Special Features: None

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • Road Frontage: 100
  • View: Long Range, Mountain(s), Year Round
  • Water Body Name: Lake James
  • Waterfront Features: None
  • Waterfront Elevation: 1000
  • Other Structures: None
  • Foundation Details Proposed: Basement

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Utilities: Cable Available, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Game Court, Lake Access, Outdoor Pool, Tennis Court(s)
  • Association Fee: 359
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: East Shores POA
  • Phone: 790-982-8443
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 718.00

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Rolling Slope, Views, Waterfront, Wooded
  • Lot Size Area: 0.58
  • Lot Size Units: Acres
  • Parcel Number: 48194
  • Zoning: R-1
  • Plat Book Slide: 10/143
  • Can Be Subdivided: 0
  • Horse Amenities: None
  • Lot Size: 100X252x110x237
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R1

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 6, 2023
Sold by
Oconnor Kevin A B and Oconnor Kathleen M
Bought by
Patterson Vance M and Patterson Mary Jo
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Rachel Alosky Stark
Patton Allen Real Estate LLC
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Views
21
Current Estimated Value
$1,207,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,444
Avg. Annual Appreciation
63.32%

Purchase Details

Listed on
Oct 21, 2016
Closed on
May 24, 2017
Sold by
Holden Clifford M and Holden Kathryn B
Bought by
Connor Kevin A B O and Connor Kathleen M O
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Source: Public Records

Range of Values:

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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
Patterson Vance M $340,000 None Listed On Document
Connor Kevin A B O $215,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $340,000 -2.8% --
03/27/2023 03/27/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $349,900 +62.7% --
05/26/2017 05/26/17 Sold $215,000 0.0% --
04/20/2017 04/20/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $215,000 -- --
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
2024 $3,505 $720,523 $345,400 $375,123
2023 $2,280 $345,400 $345,400 $0
2022 $1,732 $217,900 $217,900 $0
2021 $1,732 $217,900 $217,900 $0
2020 $1,732 $217,900 $217,900 $0
2019 $1,689 $217,900 $217,900 $0
2018 $1,556 $200,800 $200,800 $0
2017 $1,556 $200,800 $200,800 $0
2016 $1,526 $200,800 $200,800 $0
2015 $1,526 $200,800 $200,800 $0
2014 $1,486 $200,800 $200,800 $0
2013 $1,486 $200,800 $200,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4012494

Canopy MLS (Canopy Realtor® Association)

APN: 48194