NOT LISTED FOR SALE

5312 Knollview Dr Unit 56 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $386,495

2.85 Acres
$135,612 Price per Acre
124,146 Sq Ft Lot

Last Sold November 23, 2021

Last sale price $285,000

Est. 36% increase in value since last sale

Current estimated payment $2,501/month

770 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Wooded Lot
  • Waterfront
  • Private Lot
  • Community Pool

About This Lot

As of November 2021

Very private 2.85 acre waterfront lot in Dry Creek community. Located in a quiet cove with long range mountain views. City water and septic needed. Perced for 4BR home. Deeded community boatslip #58 in Southpointe community area. Over 400 feet of waterfront which you can use to access lake directly for kayak/canoeing and swimming but no private dock allowed. Southpointe/Dry Creek have shared amenities including clubhouse, pool and walking trails. Just 15 minutes to downtown Morganton shops, restaurants and breweries. Minimum 7 day rentals are allowed.

Last Agent to Sell the Property

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179 Listed on: 08/01/2019

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Byron Bailey

GreyBeard Realty License #230955

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

HOA Fees

  • $121 Monthly HOA Fees

Schools

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

Utilities

  • Septic Needed
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 1754670295

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.96610
  • Ratio Close Price By Original Li: 1.03674
  • Ratio Current Price By Acre: 100000.00
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 8284398834

Exterior Features

  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines, Wired Internet Available

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Lake Access, Outdoor Pool, Walking Trails
  • Association Fee: 1455.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Catawba Valley Property Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 555x298x448x396
  • Lot Features: Lake, Lake Access, Long Range View, Private, Rolling, Views, Water view, Waterfront, Wooded
  • Lot Size Area: 2.850
  • Parcel Number: 1754670295
  • Zoning Specification: Burke
  • Plat Reference Section Pages: 27/169
  • Wooded Acres: 2.85

Tax Info

  • Tax Value: 211750.00
  • Tax Location: Burke

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Nov 10, 2021
Sold by
Schmidler Scott and Schmidler Gillian
Bought by
Padgett Jason and Padgett Sarah
Seller's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
Buyer's Agent
Byron Bailey
GreyBeard Realty
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$386,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,495
Avg. Annual Appreciation
8.08%
Original Mortgage
$180,000
Outstanding Balance
$164,939
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$221,556

Purchase Details

Closed on
Sep 26, 2005
Sold by
Crescent Resources Llc
Bought by
Sanders Gillian and Schmidler Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,990
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Padgett Jason $285,000 None Available
Sanders Gillian $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett Jason $180,000
Previous Owner Sanders Gillian $198,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $285,000 -3.4% --
09/09/2021 09/09/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $295,000 0.0% --
08/10/2021 08/10/21 For Sale $295,000 +7.3% --
07/12/2021 07/12/21 Pending -- -- --
08/07/2020 08/07/20 For Sale $274,900 -3.5% --
07/31/2020 07/31/20 Off Market $285,000 -- --
08/01/2019 08/01/19 For Sale $274,900 -- --
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 $4,045 $1,247,488 $329,100 $918,388
2024 $2,106 $329,100 $329,100 $0
2023 $2,106 $329,100 $329,100 $0
2022 $1,641 $211,750 $211,750 $0
2021 $1,641 $211,750 $211,750 $0
2020 $1,608 $211,750 $211,750 $0
2019 $1,641 $211,750 $211,750 $0
2018 $1,466 $189,100 $189,100 $0
2017 $1,466 $189,100 $189,100 $0
2016 $1,437 $189,100 $189,100 $0
2015 $1,437 $189,100 $189,100 $0
2014 $1,437 $189,100 $189,100 $0
2013 $1,437 $189,100 $189,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3535849

Canopy MLS (Canopy Realtor® Association)

APN: 58662