NOT LISTED FOR SALE

5 Cornwell Dr Morganton, NC 28655

Estimated Value: $358,679

11 Acres
$32,786 Price per Acre
476,546 Sq Ft Lot

Last Sold August 12, 2019

Last sale price $100,000

Est. 259% increase in value since last sale

Current estimated payment $2,101/month

128 Days on Market

Highlights

  • Golf Course Community
  • Pond
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Putting Green

About This Lot

As of August 2019

Looking for the perfect piece of land for your dream home? Look no further...this lot has it all! With almost 11 acres enjoy the best of golf community living with privacy. With multiple building spots that offer mountain views. Even better the edge of this property intertwines with a creek. Sought after Silver Creek planation offers an upscale yet affordable community with a Tom Jackson designed course, club house, restaurant, pro-shop, pool, tennis courts, fishing pond, and beautiful walking trails. Located 10 mins to thriving Downtown Morganton and Lake James (one of US cleanest lakes). Also within 45 mins to Hickory and Asheville. This lot is priced to sell!

Last Agent to Sell the Property

Christie Leonard

WNC Real Estate at Lake James Listed on: 03/26/2019

Last Buyer's Agent

Greg Shuffler

Fonta Flora Realty License #147122

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $92 Monthly HOA Fees

Additional Features

  • Home fronts a stream
  • Crawl Space
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1771792135

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green
  • Trails
  • Pond

Additional Features

  • Clubhouse

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.76982
  • Ratio Close Price By Original Li: 0.76982
  • Ratio Current Price By Acre: 9140.77
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Golf Course, Pond, Outdoor Pool, Putting Green, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 275.00
  • Association Fee Frequency: Quarterly

Schools

  • Elementary School: W.A. Young
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Features: Golf Course View, Long Range View, Mountain View, On Golf Course, Sloping, Stream/Creek
  • Lot Size Area: 10.940
  • Parcel Number: 1771792135
  • Zoning Specification: Burke

Tax Info

  • Tax Value: 119869.00
  • Tax Location: Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2007
Sold by
Big Silver Creek Development Company Llc
Bought by
Hess Patrick R and Hess Connie Lynn
Current Estimated Value
$358,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Outstanding Balance
$87,889
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$265,908
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
Hess Patrick R $159,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Patrick R $143,100
Closed Hess Patrick R $143,100
Previous Owner Hess Patrick R $92,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $100,000 -23.0% --
08/01/2019 08/01/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $129,900 -- --
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 $651 $97,880 $97,880 $0
2023 $651 $97,880 $97,880 $0
2022 $959 $119,869 $119,869 $0
2021 $959 $119,869 $119,869 $0
2020 $959 $119,869 $119,869 $0
2019 $929 $119,869 $119,869 $0
2018 $946 $122,051 $122,051 $0
2017 $946 $122,051 $122,051 $0
2016 $928 $122,051 $122,051 $0
2015 $928 $122,051 $122,051 $0
2014 $928 $122,051 $122,051 $0
2013 $928 $122,051 $122,051 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3487384

Canopy MLS (Canopy Realtor® Association)

APN: 59754