NOT LISTED FOR SALE

8520 Indian Trace None Unit Lot 26 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $42,047

1.37 Acres
$30,691 Price per Acre
59,677 Sq Ft Lot

Last Sold October 10, 2022

Last sale price $35,000

Est. 20% increase in value since last sale

Current estimated payment $254/month

1,536 Days on Market

Highlights

  • Private Lot
  • Picnic Area
  • Lot Has A Rolling Slope
  • Recreation Facilities
  • Trails

About This Lot

As of October 2022

Vacant lot #26 is an easily accessible wooded lot with a level building site and beautiful close views of the Linville Mountain range. Pisgah Preserve is a gated community designed with preservation in mind with extra acreage dedicated to open space, community reading cabin, picnic shelter, fire pit, horseshoe pit, and miles of walking trails. This desirable rustic home community is just minutes to Lake James, public boat ramps, marina and restaurant, the new 3000 acres of Paddy's Creek State Park, and Blue Ridge Parkway. Underground electricity and roads were constructed to NCDOT specs. Optional design and build services are available. Well, and septic needed. This subdivision adjoins the Pisgah National Forest. Drive. From your property, walk/hike to the property line of the national forest and enjoy the half-million acres of the forest. Hunt, hike, or just observe the natural scenery of the mountain lifestyle in the beautiful place we call Pisgah Preserve at Lake James.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: greg@fontaflorarealty.com License #147122 Listed on: 07/27/2018

Last Buyer's Agent

Jessica Hemmings

Fonta Flora Realty License #310971

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12

Lot Details

  • 1.37 Acre Lot
  • Property fronts a private road
  • Property fronts a state road
  • Private Lot
  • Paved or Partially Paved Lot
  • Lot Has A Rolling Slope
  • Possible uses of the property include Recreational, Residential
  • Property is zoned Burke

HOA Fees

  • $30 Monthly HOA Fees

Schools

  • Glen Alpine Elementary School
  • Table Rock Middle School
  • Freedom High School

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1724972449

Community Details

Overview

  • Pisgah Preserve Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$12

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet
  • Road Frontage Type: Private Road, State Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: greg@fontaflorarealty.com
  • Special Features: None

Interior Features

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

Exterior Features

  • Exterior Features: Other - See Remarks
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Picnic Area, Recreation Area, Walking Trails
  • Association Fee: 360
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 360.00

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: Required

Lot Info

  • Lot Features: Paved, Private, Rolling Slope
  • Lot Size Area: 1.37
  • Lot Size Units: Acres
  • Parcel Number: 1724972449
  • Lot Size Acres: 1.37
  • Lot Size Sq Ft: 59677
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Burke

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2018
Closed on
Oct 5, 2022
Sold by
Ridgelike Investment Group Llc
Bought by
Reid Brandon David and Reid Danielle Theresa
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
Jessica Hemmings
Fonta Flora Realty
List Price
$39,900
Sold Price
$35,000
Premium/Discount to List
-$4,900
-12.28%
Current Estimated Value
$42,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,047
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jun 6, 2022
Sold by
Ridgeline Investment Group Llc
Bought by
Kade Ridge Llc
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
Reid Brandon David $35,000 --
Kade Ridge Llc $1,201,500 Buck Van Winkle
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/10/2022 10/10/22 Sold $35,000 -12.3% --
07/27/2018 07/27/18 For Sale $39,900 -- --
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 $12 $1,764 $1,764 $0
2024 $12 $1,764 $1,764 $0
2023 $12 $1,764 $1,764 $0
2022 $14 $1,764 $1,764 $0
2021 $14 $1,764 $1,764 $0
2020 $14 $1,764 $1,764 $0
2019 $14 $1,764 $1,764 $0
2018 $29 $3,528 $3,528 $0
2017 $29 $3,528 $3,528 $0
2016 $28 $3,528 $3,528 $0
2015 $29 $3,528 $3,528 $0
2014 $29 $3,528 $3,528 $0
2013 $29 $3,528 $3,528 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3418215

Canopy MLS (Canopy Realtor® Association)

APN: 59860