NOT LISTED FOR SALE

5544 Paddock Way Unit 7 Granite Falls, NC 28630

Estimated Value: $916,000

1.82 Acres
$503,297 Price per Acre
79,279 Sq Ft Lot

Last Sold January 26, 2023

Last sale price $38,000

Est. 2,311% increase in value since last sale

Current estimated payment $5,165/month

219 Days on Market

Highlights

  • Access To Lake
  • Private Lot
  • Community Pool
  • Clubhouse
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of January 2023

1.82-acres in The Waterfront Club! Swimming pool and 3 community lake access points for those lucky enough to own a premier interior lot. Enjoy the sandy beach where you can swim or launch your kayaks and paddleboards. Or enjoy swimming and fishing at the community's floating dock. The Waterfront Club is a private gated community located in Caldwell County with Shopping, dining, and medical facilities nearby and it’s a one-hour drive to Asheville or Charlotte Douglas International Airport. Lake Rhodhiss is ideal for fishing, boating, water skiing, wakeboarding, paddle boarding, swimming, kayaking, canoeing, or sitting peacefully on the community dock for those warm summer evenings.

Last Agent to Sell the Property

Robin Zema

Zema Realty Group, LLC License #329909 Listed on: 06/03/2022

Last Buyer's Agent

Robin Zema

Zema Realty Group, LLC License #329909 Listed on: 06/03/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $320

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational/2nd House, Residential
  • Property is zoned R-12-A, R12

HOA Fees

  • $79 Monthly HOA Fees

Schools

  • Baton Elementary School
  • Hudson Middle School
  • South Caldwell High School

Utilities

  • Underground Utilities
  • Water Tap or Transfer Fee
  • Septic Needed
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11-55A-1-7
  • Tax Block 228

Community Details

Overview

  • Help@Mycmg.Com Association, Phone Number (877) 252-3327
  • The Waterfront Club Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$320

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 20879.12
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Allowed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Private Estate, Recreational/2nd House, Residential

Exterior Features

  • Tax Location: Lenoir
  • Waterfront Features: Beach - Public, Boat Slip – Community, Dock

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Available, Fiber Optics, Telephone On-Site, Underground Utilities
  • Water Source: Public, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake Access, Outdoor Pool, Picnic Area, Playground, Walking Trails
  • Association Fee: 950
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: help@mycmg.com
  • Phone: 877-252-3327
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Hudson
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 950.00

Lot Info

  • Lot Features: Cul-De-Sac, Lake Access, Mountain View, Paved, Private, Wooded, Views, Wooded, Year Round View
  • Lot Size Area: 1.82
  • Lot Size Units: Acres
  • Parcel Number: 11-55A-1-7
  • Out Buildings Yn: 0
  • Plat Book Slide: 34
  • Can Be Subdivided: 0
  • Zoning Description: R12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 228
  • RATIO List Price By Tax Amount: 1.41162

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Baton
  • High School: South Caldwell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Sbt 7 Seas Llc
Bought by
Mckenzie Kevin G and Mckenzie Stephanie
Current Estimated Value
$916,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Outstanding Balance
$157,218
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$546,782

Purchase Details

Closed on
Aug 5, 2024
Sold by
Cleary Spencer
Bought by
Sbt 7 Seas Llc

Purchase Details

Closed on
Dec 28, 2023
Sold by
Sbt 7 Seas Llc
Bought by
Cleary Spencer

Purchase Details

Closed on
Apr 6, 2023
Sold by
Moore Kenneth C and Moore Debra S
Bought by
Sbt 7 Seas Llc

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jan 24, 2023
Sold by
Maclennan Ryan A and Maclennan Erika M
Bought by
Moore Kenneth C and Moore Debra S
Seller's Agent
Robin Zema
Zema Realty Group, LLC
Buyer's Agent
Robin Zema
Zema Realty Group, LLC
List Price
$65,900
Sold Price
$38,000
Premium/Discount to List
-$27,900
-42.34%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.49%

Purchase Details

Closed on
Jul 1, 2020
Sold by
Caldwell Timber Partners Llc
Bought by
Maclennan Ryan A and Dietrick Erika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,210
Interest Rate
5%
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
Mckenzie Kevin G $713,000 None Listed On Document
Mckenzie Kevin G $713,000 None Listed On Document
Sbt 7 Seas Llc -- None Listed On Document
Cleary Spencer -- None Listed On Document
Sbt 7 Seas Llc $43,500 None Listed On Document
Moore Kenneth C $38,000 --
Maclennan Ryan A $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckenzie Kevin G $163,000
Closed Mckenzie Kevin G $163,000
Previous Owner Maclennan Ryan A $33,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2023 01/26/23 Sold $38,000 -32.0% --
01/08/2023 01/08/23 Pending -- -- --
09/05/2022 09/05/22 Price Changed $55,900 -15.2% --
06/03/2022 06/03/22 For Sale $65,900 -- --
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 $320 $539,400 $67,900 $471,500
2024 $320 $39,600 $39,600 $0
2023 $312 $39,600 $39,600 $0
2022 $306 $39,600 $39,600 $0
2021 $306 $39,600 $39,600 $0
2020 $349 $44,300 $44,300 $0
2019 $349 $44,300 $44,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3868421

Canopy MLS (Canopy Realtor® Association)

APN: 11 55A 1 7