NOT LISTED FOR SALE

53 Quiet Cove Way Unit 43 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $379,377

1.18 Acres
$321,506 Price per Acre
51,401 Sq Ft Lot

Last Sold May 01, 2023

Last sale price $352,000

Est. 8% increase in value since last sale

Current estimated payment $2,283/month

13 Days on Market

Highlights

  • Docks
  • Waterfront
  • Picnic Area
  • Access To Lake
  • Community Pool

About This Lot

As of May 2023

Build your dream home in The Peninsula at Lake James! Lot 43 is at the end of a small cup-de-sac, the last lot in the cove that is dockable. This 1.18 acre lot offers very peaceful privacy AND an extraordinary two story dock already in place. Imagine living on Lake James, experience the beauty and serenity of the Blue Ridge Mountains. Fish, boat, ski, and play in the best lake in NC. The Peninsula at Lake James is gated, offers a pool, community area, and "day dock". This one is a MUST SEE!

Last Agent to Sell the Property

Tami Newman

ERA Live Moore License #195385 Listed on: 03/21/2023

ERA Live Moore

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,651

Lot Details

  • Waterfront
  • Possible uses of the property include Private Estate, Recreational, Residential
  • Property is zoned SFR 0104

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Water Views

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 1724-00-81-0937

Community Details

Overview

  • Empire South Realty Advisors Association, Phone Number (855) 209-5166
  • The Peninsula At Lake James Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Pool
  • Access To Lake
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$1,651

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Deed,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • Exterior Features: Dock
  • View: Water
  • Water Body Name: Lake James
  • Waterfront Features: Dock
  • Other Structures: Other - See Remarks

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Outdoor Pool, Picnic Area
  • Association Fee: 605
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Empire South Realty Advisors
  • Phone: 855-209-5166
  • ResoAssociationFeeFrequency: Annually
  • Association Email: propertymanagement@empiresouthrealty.com

Association/Amenities

  • Association Annual Expense: 605.00

Schools

  • Middle Or Junior School: East McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 1.18
  • Lot Size Units: Acres
  • Parcel Number: 1724-00-81-0937
  • Plat Book Slide: 28/48
  • Plat Reference Section Pages: 28/48-51
  • Horse Amenities: None
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR 0104

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 1, 2023
Sold by
Ashby Lawrence Ian and Moo Brittany
Bought by
Williams Matthew R and Williams Colleen A
Seller's Agent
Tami Newman
ERA Live Moore
Buyer's Agent
Non Member
Canopy Administration
List Price
$374,000
Sold Price
$352,000
Premium/Discount to List
-$22,000
-5.88%
Views
20
Current Estimated Value
$379,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,377
Avg. Annual Appreciation
2.84%
Original Mortgage
$225,000
Outstanding Balance
$205,586
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$168,917

Purchase Details

Listed on
Feb 20, 2020
Closed on
Aug 21, 2020
Sold by
Danielson Scott L and Danielson Jenny L
Bought by
Lawrence Ian Ashby and Lawrence Brittany Nicole
Seller's Agent
Rebecca Condrey
RE/MAX Living
Buyer's Agent
Sherry Henderson
RE/MAX Journey
List Price
$149,500
Sold Price
$140,000
Premium/Discount to List
-$9,500
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.88%
Original Mortgage
$98,000
Interest Rate
4.12%
Mortgage Type
New Conventional
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
Williams Matthew R $352,000 None Listed On Document
Lawrence Ian Ashby $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Matthew R $225,000
Previous Owner Lawrence Ian Ashby $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $352,000 -5.9% --
03/21/2023 03/21/23 For Sale $374,000 +167.1% --
08/22/2020 08/22/20 Sold $140,000 -5.4% --
05/27/2020 05/27/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $148,000 -1.0% --
02/20/2020 02/20/20 For Sale $149,500 -- --
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 $1,651 $236,550 $200,000 $36,550
2023 $1,651 $236,550 $200,000 $36,550
2022 $1,461 $206,300 $160,000 $46,300
2021 $1,419 $206,300 $160,000 $46,300
2020 $1,440 $206,300 $0 $0
2019 $1,440 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4013092

Canopy MLS (Canopy Realtor® Association)

APN: 1724-00-81-0937