NOT LISTED FOR SALE

5410 Overlook Dr SW Unit L-1 Lenoir, NC 28645

Estimated Value: $674,000 - $912,000

0.74 Acre
$1,053,149 Price per Acre
32,234 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $109,900

Est. 609% increase in value since last sale

Current estimated payment $4,292/month

332 Days on Market

Highlights

  • Building Helipad
  • Fitness Center
  • Clubhouse
  • Equestrian Center
  • Gated Community
  • Pond

About This Lot

As of September 2022

Catch the sun rise in the morning and keep the back deck shaded in the afternoon. This beautiful home site is nestled a minutes walk to the Lodge. Ready to be built on with well already installed and perc completed for 3 bedroom home. Located in the desirable outdoor lifestyle gated community of The Coves Mountain River Club, you will have 24/7 access to the community clubhouse, miles of nature trails, 5 miles of river frontage, equestrian facilities, community gardens and vineyard. The planned dog park, pickleball, and bocce ball courts are already being developed. The Coves is only minutes away from downtown Lenoir with shopping, dining, and medical, and centrally located between Blowing Rock, Morganton, and Hickory for even more opportunities. This homesite does require a 1500sf minimum home, but no time limits in which to start construction. If you're looking for the perfect homesite for your next home or vacation home, you have found it!

Last Agent to Sell the Property

Derek Shattuck

Arrow Realty and Land Development License #304918 Listed on: 11/01/2021

Last Buyer's Agent

Matt Chatterton

Howard Hanna Allen Tate Charlotte South License #324540

Howard Hanna Allen Tate Charlotte South

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,081

Lot Details

  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as PUD

HOA Fees

  • $123 Monthly HOA Fees

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • Shared Well
  • Septic Needed
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 04 7 3 L1

Community Details

Overview

  • The Coves Mountain River Club Subdivision

Amenities

  • Picnic Area
  • Building Helipad
  • Clubhouse

Recreation

  • Indoor Game Court
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Trails
  • Pond

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,081

Lot Details

0

HOA Fees

$123 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 147319.03
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Allowed,Square Feet
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Fiber Optics
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Equestrian Facilities, Equestrian Trails, Fitness Center, Game Court, Gated, Helipad, Hot Tub, Outdoor Pool, Picnic Area, Pond, Recreation Area, Walking Trails
  • Association Fee: 1480
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1480.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Parcel Number: 04 7 3 L1
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 35/132
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.47715

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Johns Gamewell Llc
Bought by
Alexander Lillian J
Current Estimated Value
$779,330
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
Alexander Lillian J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $109,900 0.0% --
11/01/2021 11/01/21 For Sale $109,900 -- --
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 $1,081 $663,700 $109,300 $554,400
2024 $1,081 $140,700 $109,300 $31,400
2023 $572 $74,400 $74,400 $0
2022 $560 $74,400 $74,400 $0
2021 $560 $74,400 $74,400 $0
2020 $272 $35,400 $35,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3801607

Canopy MLS (Canopy Realtor® Association)

APN: 04 7 3 L1