NOT LISTED FOR SALE

5137 Beech Bluff Dr Unit 150 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $2,221,422 - $2,349,000

5 Beds
4.5 Baths
5,107 Sq Ft
$448/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $1,237,500 $242 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $13,236/month

10 Days on Market

Highlights

  • Floating Dock
  • Open Floorplan
  • Clubhouse
  • Waterfront
  • Community Lake
  • Private Lot

About This Home

As of April 2018

A beautiful blend of rustic and traditional, this 5100 square feet lake home is a one of a kind treasure. Custom designed by Gray Stout, and custom built by Greg Hoff, it has luxury and features galore - Brazilian cherry floors, crown moulding throughout, central vacuum, high end professional kitchen, granite countertops - the list goes on! Perfect for entertaining or large family gatherings, it is situated in a private cove with a beach, and also has wide water and mountain views. A unique feature is the drive thru garage. The master bedroom isn't just a suite - it's a wing! Dual vanities, large soaking tub, walk in shower, his and hers closets, a bump-out sitting area in the master bedroom. A total of 5 bedrooms and 4 1/2 bathrooms. Master on main; FROG; 3BR ,2BA, family room flex room,workshop in lower level. Gentle walk to gazebo and private dock and sandy beach area

Last Agent to Sell the Property

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976 Listed on: 01/31/2018

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976 Listed on: 01/31/2018

Engel & Volkers Foothills Lake James

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Private Lot

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments

Flooring

  • Wood
  • Cork
  • Marble
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • Floating Dock

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1754-82-8336

Community Details

Overview

  • Cvpm Association, Phone Number (828) 439-8835
  • Built by Greg Hoff
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$73 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/Basement/F.R.O.G.
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91667
  • Ratio Close Price By Original Li: 0.91667
  • Ratio Current Price By Acre: 1022727.27
  • Ratio Current Price By Sq Ft: 242.31
  • Year Built: 2008
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 628
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Electric Dryer Hookup, Microwave, Propane, Exhaust Hood, Refrigerator, Security System, Surround Sound, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Cork, Marble, Slate, Tile, Wood
  • H O A Management Phone: 828-439-8835
  • Interior Amenities: Basement Shop, Built-Ins, Cable Available, Cathedral Ceiling(s), Open Floorplan, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Whirlpool, Window Treatments, Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 2011
  • Main Level Sq Ft: 2468
  • Total Sq Ft: 5107
  • Sq Ft Unheated Basement: 226
  • Sq Ft Unheated Total: 226

Exterior Features

  • Construction: Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Boat Lift, Floating Dock, Wired Internet Available
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete, Shared
  • Parking: Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Street Lights, Walking Trails
  • Association Fee: 875.00
  • Association Fee Frequency: Annually
  • HOA Management Company: CVPM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Oak Hill
  • Middle School: Table Rock
  • High School: Freedom

Lot Info

  • Lot Dimension: 45x134x148x430x470
  • Lot Features: Mountain View, Waterfront, Water view, Lake Access, Long Range View, Paved Frontage, Private, Rolling, Views, Year Round View
  • Lot Size Area: 1.210
  • Parcel Number: 1754-82-8336
  • Plat Book Slide: 12/274
  • Plat Reference Section Pages: 523
  • Zoning Specification: R-1

Building Info

  • Builder Name: Greg Hoff

Tax Info

  • Tax Value: 1004945.00
  • Tax Location: Morganton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2018
Closed on
Apr 6, 2018
Sold by
Coburn John A and Coburn Jo Marie
Bought by
Hockenberry Michael R and Hockenberry Dynette L
Seller's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$1,350,000
Sold Price
$1,237,500
Premium/Discount to List
-$112,500
-8.33%
Current Estimated Value
$2,264,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,860
Avg. Annual Appreciation
3.99%
Original Mortgage
$866,250
Outstanding Balance
$752,224
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$897,685
Source: Public Records

Range of Values:

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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
Hockenberry Michael R $1,237,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hockenberry Michael R $866,250
Previous Owner Coburn Jo Marie $75,000
Previous Owner Coburn John A $405,000
Previous Owner Coburn Jo Marie $33,000
Previous Owner Coburn Jomarie $417,000
Previous Owner Coburn Jo Marie $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $1,237,500 -8.3% $242 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $1,350,000 -- $264 / Sq Ft
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 $9,903 $1,533,547 $517,511 $1,016,036
2023 $9,903 $1,533,547 $517,511 $1,016,036
2022 $9,393 $1,201,465 $483,252 $718,213
2021 $9,387 $1,201,465 $483,252 $718,213
2020 $9,383 $1,201,465 $483,252 $718,213
2019 $9,383 $1,201,465 $483,252 $718,213
2018 $7,919 $1,004,945 $401,420 $603,525
2017 $7,923 $1,004,945 $401,420 $603,525
2016 $7,773 $1,004,945 $401,420 $603,525
2015 $7,778 $1,004,945 $401,420 $603,525
2014 $7,785 $1,004,945 $401,420 $603,525
2013 $7,794 $1,004,945 $401,420 $603,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3356397

Canopy MLS (Canopy Realtor® Association)

APN: 52401