NOT LISTED FOR SALE

Estimated Value: $322,000

0.99 Acre
$325,253 Price per Acre
43,124 Sq Ft Lot

Last Sold August 15, 2022

Last sale price $300,000

Est. 7% increase in value since last sale

Current estimated payment $1,946/month

46 Days on Market

Highlights

  • Covered Dock
  • Waterfront
  • Clubhouse
  • Pier
  • Community Lake
  • Private Lot

About This Lot

As of August 2022

SouthPointe waterfront with covered dock installed and shimmering Lake James water views. This lot comprises almost the entire left side of Arbor Court, from the corner at SouthPointe Drive to the private cul-de-sac. The tendency when viewing this lot is to head directly to the right side where the trail leads you the the long stair system, covered platform dock, and floating full-size boatslip. Do not overlook the large, relatively level building zone and potential for a circle drive starting much closer to SouthPointe Drive. The building zone allows for a much flatter trail leading to the dock from the rear of your future home using the contours of the land. Home site plan and permit for tree removal is in place. Southpointe includes a lovely clubhouse and pool amenity, high speed internet, public water and sewer, all within an easy drive to downtown Morganton.

Last Agent to Sell the Property

Fletcher Edens

Keller Williams Unified License #226103 Listed on: 06/30/2022

Keller Williams Unified

Co-Listed By

Bryan Jones

Keller Williams Unified License #212972

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,936

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Recreational/2nd House, Residential
  • Property is zoned CD-L, R-3

HOA Fees

  • $78 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 55463

Community Details

Overview

  • Cvpm Association
  • Southpointe Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Pier
  • Access To Lake
  • Covered Dock

Property Details

Property Type

Land

Est. Annual Taxes

$1,936

Lot Details

0

HOA Fees

$78 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 303030.30
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement Outside Entrance
  • Fixture Exception Yn: 0
  • Possible Use: Recreational/2nd House, Residential

Exterior Features

  • Exterior Features: Other
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Wooded Acres: 0.99
  • Water Body Name: Lake James
  • Waterfront Features: Covered structure, Dock, Pier

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Fiber Optics, Telephone On-Site, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Lake Access, Outdoor Pool, Picnic Area, Walking Trails
  • Association Fee: 935
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: CVPM
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 935.00

Lot Info

  • Lot Features: Cul-De-Sac, Lake On Property, Lake Access, Private, Wooded, Views, Water View, Waterfront, Wooded, Year Round View
  • Lot Size Area: 0.99
  • Lot Size Units: Acres
  • Parcel Number: 55463
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Lot Size: Irregular
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.21422

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 11, 2022
Sold by
Frick Timothy J and Frick Pamela C
Bought by
Brooks Scott Allen
Seller's Agent
Fletcher Edens
Keller Williams Unified
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Views
2
Current Estimated Value
$322,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,000
Avg. Annual Appreciation
2.26%
Original Mortgage
$150,000
Outstanding Balance
$100,097
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$221,903

Purchase Details

Listed on
Jul 13, 2016
Closed on
Dec 23, 2021
Sold by
Grose Paul S and Grose Lenoska C
Bought by
Frick Timothy J and Frick Pamela C
Seller's Agent
Denice Rechtiene
Lake Homes Realty LLC
Buyer's Agent
Fletcher Edens
Keller Williams Unified
List Price
$245,000
Sold Price
$200,000
Premium/Discount to List
-$45,000
-18.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.33%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Cape David A and Cape Teresa R
Bought by
Grose Paul S and Grose Lenoska C
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
Brooks Scott Allen $300,000 Amos Jared T
Brooks Scott Allen $300,000 Amos Jared T
Frick Timothy J $200,000 None Available
Grose Paul S $279,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Scott Allen $150,000
Closed Brooks Scott Allen $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2022 08/15/22 Sold $300,000 -11.5% --
06/30/2022 06/30/22 For Sale $339,000 +69.5% --
12/28/2021 12/28/21 Sold $200,000 -16.6% -- View Prior Sale
12/01/2021 12/01/21 Pending -- -- --
11/20/2021 11/20/21 Price Changed $239,900 -2.1% --
10/10/2021 10/10/21 For Sale $245,000 0.0% --
09/27/2021 09/27/21 Pending -- -- --
10/01/2020 10/01/20 For Sale $245,000 +22.5% --
09/30/2020 09/30/20 Off Market $200,000 -- --
03/14/2020 03/14/20 Price Changed $245,000 -10.9% --
03/12/2020 03/12/20 For Sale $275,000 +37.5% --
01/02/2017 01/02/17 Off Market $200,000 -- --
07/13/2016 07/13/16 For Sale $275,000 -- --
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 $1,936 $304,889 $280,400 $24,489
2024 $1,951 $304,889 $280,400 $24,489
2023 $1,951 $304,889 $280,400 $24,489
2022 $2,164 $279,192 $252,450 $26,742
2021 $2,164 $279,192 $252,450 $26,742
2020 $2,120 $279,192 $252,450 $26,742
2019 $2,164 $279,192 $252,450 $26,742
2018 $1,928 $248,720 $227,940 $20,780
2017 $1,928 $248,720 $227,940 $20,780
2016 $1,890 $248,720 $227,940 $20,780
2015 $1,890 $248,720 $227,940 $20,780
2014 $1,890 $248,720 $227,940 $20,780
2013 $1,890 $248,720 $227,940 $20,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3878491

Canopy MLS (Canopy Realtor® Association)

APN: 55463