NOT LISTED FOR SALE

5007 Lighthouse Ct Unit 97 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $74,270 - $241,000

0.75 Acre
$210,180 Price per Acre
32,670 Sq Ft Lot

Last Sold November 08, 2019

Last sale price $42,000

Est. 275% increase in value since last sale

Current estimated payment $992/month

134 Days on Market

About This Lot

As of November 2019

Arguably the best building lot available in SouthPointe. Just down the street is the community pool and clubhouse, stop by to meet your neighbors as you continue your leisurely stroll to your deeded boat slip. Never worry about maintaining your boat dock, these slips are covered by your yearly dues, making them virtually headache free. Now that your head is clear, hop in your boat (need to bring that yourself) and head out on the lake for some of the most spectacular mountain views. Much less expensive to have this lot, boat slip, a boat than to pay for the point lot to get the same view. Shopping, doctors offices, fine arts center, downtown with a heart beat and fine dining just minutes away in Morganton. After such an amazing day on the lake, enjoy the high speed fiber optic internet that you get in SouthPointe while other community owners are still working off fax. Then head out for a great meal in Morganton and celebrate your wise decision to buy in SouthPointe on Lake James.

Last Agent to Sell the Property

Bryan Jones

Keller Williams Unified License #212972 Listed on: 06/06/2019

Keller Williams Unified

Co-Listed By

Fletcher Edens

Keller Williams Unified License #226103

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Wooded Lot

HOA Fees

  • $118 Monthly HOA Fees

Home Design

  • Slab Foundation

Community Details

  • Catawba Valley Property Management Association, Phone Number (828) 439-8834

Listing and Financial Details

  • Assessor Parcel Number 51040

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$118 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.84168
  • Ratio Close Price By Original Li: 0.70117
  • Ratio Current Price By Acre: 56000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, g-Sealed Crawl Space, Slab
  • H O A Management Phone: 828-439-8834

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Community Sewer
  • Water: City Water, County Water

Condo/Co-op/Association

  • Association Fee: 1410.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Catawba Valley Property Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Oak Hill
  • High School: Freedom

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.750
  • Parcel Number: 51040
  • Zoning Specification: AA0

Tax Info

  • Tax Value: 66500.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 6, 2019
Sold by
Lowe Buford L and Lowe Jean B
Bought by
Zaffino Sam M and Zaffino Anthony M
Seller's Agent
Bryan Jones
Keller Williams Unified
Buyer's Agent
Non Member
Canopy Administration
List Price
$59,900
Sold Price
$42,000
Premium/Discount to List
-$17,900
-29.88%
Current Estimated Value
$157,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,635
Avg. Annual Appreciation
24.89%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Lowe Buford L and Lowe Jean B
Bought by
Lowe Buford L and Lowe Jean B

Purchase Details

Closed on
Jun 17, 2005
Sold by
Mckinney Richard A and Mckinney Melonie C
Bought by
Lowe Buford L and Lowe Jean B
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
Zaffino Sam M $42,000 None Available
Lowe Buford L -- None Available
Lowe Buford L $120,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2019 11/08/19 Sold $42,000 -15.8% --
10/18/2019 10/18/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $49,900 -16.7% --
06/06/2019 06/06/19 For Sale $59,900 -- --
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
2025 $460 $72,500 $72,500 $0
2024 $464 $72,500 $72,500 $0
2023 $464 $72,500 $72,500 $0
2022 $436 $56,250 $56,250 $0
2021 $436 $56,250 $56,250 $0
2020 $436 $56,250 $56,250 $0
2019 $436 $56,250 $56,250 $0
2018 $515 $66,500 $66,500 $0
2017 $515 $66,500 $66,500 $0
2016 $505 $66,500 $66,500 $0
2015 $505 $66,500 $66,500 $0
2014 $505 $66,500 $66,500 $0
2013 $505 $66,500 $66,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3516204

Canopy MLS (Canopy Realtor® Association)

APN: 51040