NOT LISTED FOR SALE

9999 Cedar Branch Ln Unit 74 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $1,834,000 - $1,997,216

0.79 Acre
$2,422,454 Price per Acre
34,412 Sq Ft Lot

Last Sold April 12, 2017

Last sale price $330,000

Est. 480% increase in value since last sale

Current estimated payment $10,986/month

65 Days on Market

Highlights

  • Waterfront
  • Community Pool
  • Trails
  • Clubhouse
  • Cul-De-Sac

About This Lot

As of April 2017

Enjoy lake living in this quiet, deep water cove on Lake James. Premium waterfront lot-- cleared with mature trees and 358 ft. of stabilized shoreline! Relax on the 1000 square foot dock with covered gazebo, open deck and u-shaped pier which looks out toward the main channel and Lake James State Park. Gently sloped lot makes a perfect building site for your custom home with a walk out basement OR you may want to build the house plan that is already customized for this lot!

Last Agent to Sell the Property

Loralie Clark

Engel & Volkers Foothills Lake James Brokerage Email: loralie.clark13@gmail.com License #269270 Listed on: 01/15/2017

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Dianne Reihl

Engel & Volkers Foothills Lake James License #246976

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,366

Lot Details

  • 0.79 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Possible uses of the property include Residential

HOA Fees

  • $59 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 51017

Community Details

Overview

  • Catawba Valley Property Management Association
  • Southpointe Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$9,366

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Restrictions Description: HOA
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: loralie.clark13@gmail.com
  • Special Features: None

Interior Features

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

Exterior Features

  • Road Frontage: 51
  • Waterfront Features: Boat Slip
  • Waterfront Elevation: 1000
  • Other Structures: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Walking Trails
  • Association Fee: 705
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Catawba Valley Property Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Waterfront, Lake On Property
  • Lot Size Area: 0.79
  • Lot Size Units: Acres
  • Parcel Number: 51017
  • Zoning: R-1
  • Plat Book Slide: 12/17
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 722
  • Cleared Acres: 0.00
  • Lot Size Acres: 0.79
  • Lot Size: irregular
  • Lot Size Sq Ft: 34412
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Oak Hill
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2017
Closed on
Apr 12, 2017
Sold by
Schellhorn Mark F and Schellhorn Elizabeth H
Bought by
Dillman John Thomas and Dillman Julie Anne
Seller's Agent
Loralie Clark
Engel & Volkers Foothills Lake James
Buyer's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Current Estimated Value
$1,913,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,583,739
Avg. Annual Appreciation
22.91%

Purchase Details

Closed on
May 22, 2013
Sold by
Signal Properties Llc
Bought by
Schellhorn Mark F and Schellhorn Elizabeth H

Purchase Details

Closed on
Feb 9, 2007
Sold by
Cook Stewart and Cook Tammy
Bought by
Signal Properties 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
Dillman John Thomas $330,000 Attorney
Schellhorn Mark F $320,000 None Available
Signal Properties Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2017 04/12/17 Sold $330,000 -12.0% --
03/21/2017 03/21/17 Pending -- -- --
01/15/2017 01/15/17 For Sale $375,000 -- --
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 $9,366 $1,460,528 $437,900 $1,022,628
2024 $9,435 $1,460,528 $437,900 $1,022,628
2023 $9,435 $1,460,528 $437,900 $1,022,628
2022 $7,935 $1,013,314 $358,950 $654,364
2021 $7,929 $1,013,314 $358,950 $654,364
2020 $7,925 $1,013,314 $358,950 $654,364
2019 $4,579 $581,529 $358,950 $222,579
2018 $2,418 $311,980 $276,740 $35,240
2017 $2,303 $297,098 $276,740 $20,358
2016 $2,258 $297,098 $276,740 $20,358
2015 $2,258 $297,098 $276,740 $20,358
2014 $2,258 $297,098 $276,740 $20,358
2013 $2,258 $297,098 $276,740 $20,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3119505

Canopy MLS (Canopy Realtor® Association)

APN: 51017