$140,000
SOLD AUG 22, 2020

53 Quiet Cove Way Unit 43 Nebo, NC 28761

Lake James Neighborhood
1.18 Acres
$118,644 Price per Acre
51,401 Sq Ft Lot

Recently Sold

6% Below List Price

97 Days on Market

Highlights

  • Access To Lake
  • Mountain View
  • Wooded Lot
  • Waterfront
  • Clubhouse
  • Community Pool

About This Lot

As of May 2023

Incredible level lot, partially cleared, on pristine Lake James with several build-able sites. The water fronts a peaceful cove away from the main channel affording you added privacy. A gentle slope to the water allows for easy access to the lake and the land was approved for a boat dock when purchased 2 years ago. Come discover this beautiful lake property and start planning your dream home.

Last Agent to Sell the Property

Rebecca Condrey

RE/MAX Living Brokerage Email: rcondreyrealestate@yahoo.com License #290589 Listed on: 02/20/2020

RE/MAX Living

Last Buyer's Agent

Sherry Henderson

RE/MAX Journey License #186926

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,651

Lot Details

  • 1.18 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned n/a

HOA Fees

  • $59 Monthly HOA Fees

Property Views

  • Mountain Views

Schools

  • North Cove Elementary School
  • West Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Community Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 172400810937
  • Tax Block 2

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$1,651

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Restrictions Description: Square footage & no livestock
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: rcondreyrealestate@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Recreational, Residential
  • Room Count: 0

Exterior Features

  • Construction Type: Site Built
  • View: Mountain(s)
  • Water Body Name: Lake James
  • Waterfront Features: Lake, Other - See Remarks
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, None
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake Access, Outdoor Pool
  • Association Fee: 705
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Empire South Realty Advisors
  • Phone: 855-209-5166
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: propertymanagement@empiresouthrealty.com

Schools

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

Lot Info

  • Lot Features: Waterfront, Wooded
  • Lot Size Area: 1.18
  • Lot Size Units: Acres
  • Parcel Number: 172400810937
  • Zoning: None
  • Plat Book Slide: 28/48
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 28/48
  • Lot Size Acres: 1.18
  • Lot Size Sq Ft: 51400
  • ResoLotSizeUnits: Acres
  • Zoning Specification: n/a

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 2

MLS Schools

  • Elementary School: North Cove
  • 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
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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 Type Sale Price Title Company
Warranty Deed $352,000 None Listed On Document
Warranty Deed $140,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Previous Owner $98,000 New Conventional
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: 3592753

Canopy MLS (Canopy Realtor® Association)

APN: 1724-00-81-0937