NOT LISTED FOR SALE

4972 E Crest Dr Unit 23 & 24 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $2,148,000 - $3,388,040

1.17 Acres
$2,365,829 Price per Acre
50,965 Sq Ft Lot

Last Sold August 20, 2020

Last sale price $590,000

Est. 369% increase in value since last sale

Current estimated payment $15,830/month

70 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Tennis Courts
  • Private Lot
  • Community Pool

About This Lot

As of August 2020

With over 500 feet of bulkheaded shoreline and a double-slip, covered dock already in place, this beautiful point lot on the main channel presents some of the best views on Lake James and flat access from homesite to shoreline. This property is located on the grand, waterfront banks of East Shores on Lake James, a refined, plenary neighborhood that includes a modest clubhouse, pool and tennis courts at a very reasonable yearly expense. The location also allows for some of your easiest access from Lake James to bustling downtown Morganton and all of the merriment and recreation the area has to offer. One of the best lots ever available for sale on Lake James.

Last Agent to Sell the Property

Bryan Jones

Keller Williams Unified License #212972 Listed on: 04/15/2020

Keller Williams Unified

Co-Listed By

Fletcher Edens

Keller Williams Unified License #226103

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $70 Monthly HOA Fees

Basement

  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 49028

Community Details

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.98497
  • Ratio Close Price By Original Li: 0.98497
  • Ratio Current Price By Acre: 504273.50
  • Restrictions: Architectural Review
  • Habitable Residence Yn: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: County Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Tennis Court(s)
  • Association Fee: 844.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake, Long Range View, Mountain View, Private, Views, Water view, Waterfront, Wooded
  • Lot Size Area: 1.170
  • Parcel Number: 49028
  • Zoning Specification: R-3

Tax Info

  • Tax Value: 464326.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Aug 13, 2020
Sold by
Anderson Larry and Anderson Diana
Bought by
Horne Andrew F and Horne Karen R
Seller's Agent
Bryan Jones
Keller Williams Unified
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$2,768,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,178,020
Avg. Annual Appreciation
34.77%

Purchase Details

Closed on
Mar 7, 2007
Sold by
Anderson Larry and Anderson Diana
Bought by
Anderson Larry and Anderson Diana
Source: Public Records

Range of Values:

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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
Horne Andrew F $590,000 None Available
Anderson Larry -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2020 08/20/20 Sold $590,000 -1.5% --
06/24/2020 06/24/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $599,000 -- --
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
2025 $13,539 $2,053,040 $635,850 $1,417,190
2024 $13,638 $2,053,040 $635,850 $1,417,190
2023 $13,638 $2,053,040 $635,850 $1,417,190
2022 $6,095 $756,408 $453,350 $303,058
2021 $3,722 $468,210 $453,350 $14,860
2020 $3,648 $464,326 $453,350 $10,976
2019 $3,599 $464,326 $453,350 $10,976
2018 $3,351 $432,376 $406,700 $25,676
2017 $3,351 $432,376 $406,700 $25,676
2016 $3,286 $432,376 $406,700 $25,676
2015 $3,286 $432,376 $406,700 $25,676
2014 $3,200 $432,376 $406,700 $25,676
2013 $3,200 $432,376 $406,700 $25,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3612360

Canopy MLS (Canopy Realtor® Association)

APN: 49028