Estimated Value: $511,007
0.58
Acre
$881,047
Price per Acre
25,265
Sq Ft Lot
Highlights
- Access To Lake
- Waterfront
- Picnic Area
- RV or Boat Storage in Community
- Community Lake
- Trails
About This Lot
As of October 2022This is your opportunity to own the best remaining lot on Lake James! This incredible lot has a gentle slope down to the water and its own private beach! Riprap already in place where needed and the property is just waiting for your own private dock (permit from Duke needed). The property has an expired 4 bedroom septic permit on file and a gravel driveway leading to the perfect site to build your waterfront retreat overlooking beautiful Lake James! The Arbor at Lake James is a lovely gated community close to Marion and conveniently accessible from Interstate 40. The community features walking trails to enjoy and a community picnic pavilion.
Last Agent to Sell the Property
James Hall
Engel & Volkers Foothills Lake James License #291086 Listed on: 06/16/2022
Last Buyer's Agent
Christa McElveen
Premier Sotheby’s International Realty License #323199
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,937
Lot Details
- Waterfront
- Property fronts a private road
- Paved or Partially Paved Lot
- Level Lot
- Possible uses of the property include Recreational/2nd House, Residential
- Zoning described as McDowell
HOA Fees
- $54 Monthly HOA Fees
Basement
- Crawl Space
Schools
- Nebo Elementary School
- East Mcdowell Middle School
- Mcdowell High School
Utilities
- Underground Utilities
- Well Required
- Septic Needed
Listing and Financial Details
- Assessor Parcel Number 1713-00-96-6009
- Tax Block Phase IV
Community Details
Overview
- Firstservice Residential Association, Phone Number (704) 227-0890
- The Arbor At Lake James Subdivision
- Mandatory home owners association
- Community Lake
Amenities
- Picnic Area
Recreation
- RV or Boat Storage in Community
- Trails
- Access To Lake
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2022
Closed on
Oct 14, 2022
Sold by
Reed Frank W and Reed Constance J
Bought by
Chao-Handel Family Trust
Seller's Agent
James Hall
Engel & Volkers Foothills Lake James
Buyer's Agent
Christa McElveen
Premier Sotheby’s International Realty
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Total Days on Market
120
Views
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,007
Avg. Annual Appreciation
3.35%
Purchase Details
Closed on
Jul 7, 2021
Sold by
Stephen Kenneth Dewayne
Bought by
Reed Frank W and Reed Constance J
Purchase Details
Closed on
Mar 25, 2019
Sold by
Hilgeman Gary H and Hilgeman Pamela E
Bought by
Stephens Kenneth Dewayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,960
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
May 25, 2007
Sold by
Davison James P and Davison Diane M
Bought by
Hilgeman Gary H and Hilgeman Pamela E
Purchase Details
Closed on
Aug 30, 2005
Sold by
Shultz Michael E and Shultz Elizabeht A
Bought by
Dvison James and Dvison Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.77%
Mortgage Type
New Conventional
Similar Property in Nebo, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chao-Handel Family Trust | $475,000 | -- | |
| Reed Frank W | $340,000 | None Available | |
| Stephens Kenneth Dewayne | $290,000 | None Available | |
| Hilgeman Gary H | $350,000 | None Available | |
| Dvison James | $300,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chao-Handel Family Trust | $767,000 | |
| Previous Owner | Stephens Kenneth Dewayne | $231,960 | |
| Previous Owner | Dvison James | $270,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $475,000 | -13.6% | -- |
| 06/16/2022 06/16/22 | For Sale | $550,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $1,937 | $290,000 | $290,000 | $0 |
| 2023 | $1,937 | $290,000 | $290,000 | $0 |
| 2022 | $1,966 | $290,000 | $290,000 | $0 |
| 2021 | $1,966 | $290,000 | $290,000 | $0 |
| 2020 | $1,995 | $290,000 | $0 | $0 |
| 2019 | $1,995 | $0 | $0 | $0 |
| 2017 | $1,301 | $200,000 | $0 | $0 |
| 2016 | $1,301 | $0 | $0 | $0 |
| 2014 | $1,280 | $200,000 | $200,000 | $0 |
| 2013 | -- | $200,000 | $200,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
James Hall
Engel & Volkers Foothills Lake James
(704) 301-3825
-
C
Buyer's Agent in 2022
Christa McElveen
Premier Sotheby’s International Realty
(919) 805-4327
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3873567
APN: 1713-00-96-6009
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