NOT LISTED FOR SALE

4980 Camellia Dr Unit 231 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $797,000 - $1,351,209

0.94 Acre
$1,222,928 Price per Acre
40,946 Sq Ft Lot

Last Sold August 30, 2018

Last sale price $175,000

Est. 557% increase in value since last sale

Current estimated payment $6,678/month

401 Days on Market

About This Lot

As of August 2018

Waterfront lot with a spacious covered gazebo and single slip dock. Nice wide cove with deep water. Great building site with easy walk to the water. Community pool, club house and walking trails. Just 10 minutes from Morganton. Come enjoy the Lake.

Last Agent to Sell the Property

Lisa Griffin

Engel & Volkers Foothills Lake James License #170866 Listed on: 06/13/2017

Engel & Volkers Foothills Lake James

Last Buyer's Agent

James Hall

Engel & Volkers Foothills Lake James License #291086

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $62 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 1764053563

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$62 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Business
  • Ratio Close Price By List Price: 0.87544
  • Ratio Current Price By Acre: 186170.21
  • Restrictions: Building, Manufactured Home Not Allowed, Subdivision, Use
  • Special Features: None

Utilities

  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 749.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimension: irreg
  • Lot Features: Waterfront, Lake, Sloping, Wooded
  • Lot Size Area: 0.940
  • Parcel Number: 1764053563
  • Zoning Specification: Watershe

Tax Info

  • Tax Value: 200530.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 31, 2018
Sold by
Young Mark A and Young Maureen Megan
Bought by
Cipparone Chad Barrett and Cipparone Michelle Ann
Seller's Agent
Lisa Griffin
Engel & Volkers Foothills Lake James
Buyer's Agent
James Hall
Engel & Volkers Foothills Lake James
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$1,149,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$974,552
Avg. Annual Appreciation
30.21%
Original Mortgage
$140,000
Outstanding Balance
$86,209
Interest Rate
4.5%
Mortgage Type
Stand Alone First
Estimated Equity
$1,063,343

Purchase Details

Closed on
Apr 19, 2016
Sold by
Young Maureen Megan and Young Mark A
Bought by
Young Mark A
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
Cipparone Chad Barrett $175,000 None Available
Young Mark A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cipparone Chad Barrett $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $175,000 0.0% --
07/19/2018 07/19/18 Pending -- -- --
06/13/2017 06/13/17 For Sale $175,000 -- --
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 $6,268 $972,645 $294,400 $678,245
2024 $6,319 $972,645 $294,400 $678,245
2023 $6,313 $972,645 $294,400 $678,245
2022 $1,539 $198,603 $189,700 $8,903
2021 $1,539 $198,603 $189,700 $8,903
2020 $1,508 $198,603 $189,700 $8,903
2019 $1,539 $198,603 $189,700 $8,903
2018 $1,554 $200,530 $177,640 $22,890
2017 $1,554 $200,530 $177,640 $22,890
2016 $1,524 $200,530 $177,640 $22,890
2015 $1,524 $200,530 $177,640 $22,890
2014 $1,524 $200,530 $177,640 $22,890
2013 $1,524 $200,530 $177,640 $22,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CARB30716

Canopy MLS (Canopy Realtor® Association)

APN: 55437