NOT LISTED FOR SALE

9999 Cottage Park Rd Unit 3 Morganton, NC 28655

Lake James Neighborhood

Estimated Value: $240,000

1.1 Acres
$218,182 Price per Acre
47,916 Sq Ft Lot

Sale Details

Date Sold: August 9, 2021

Last sale price $47,000

Est. 411% increase in value since last sale

Current estimated payment $1,431 / mo

1765 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Level Lot
  • Wooded Lot

About This Lot

As of August 2021

Priced below TAX VALUE ! Affordable Level 1.1 acre wooded lot in Cottage Park at Lake James. Build your dream home across the street from beautiful Lake James in this craftsman style community with architectural guidelines in place. Cottage Park has 30 homesites and 9 existing homes completed. Amenities include swimming pool,clubhouse and boat storage area.Just minutes from I-40 and Morganton

Last Agent to Sell the Property

Dianne Reihl

Engel & Volkers Foothills Lake James Brokerage Email: drreihl@bellsouth.net License #246976 Listed on: 07/20/2016

Engel & Volkers Foothills Lake James

Last Buyer's Agent

Denice Rechtiene

Lake Homes Realty LLC License #257118

Lake Homes Realty LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 98x336x177x390
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational
  • Zoning described as Residential Lot

HOA Fees

  • $81 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 1763190111

Community Details

Overview

  • Steve Russell Association
  • Cottage Park Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Property Type

Land

Lot Details

1.1 Acres

HOA Fees

$81 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: min sq ft
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: drreihl@bellsouth.net
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Private Estate, Recreational

Exterior Features

  • Construction Type: Site Built
  • Road Frontage: 98
  • Other Structures: None

Utilities

  • Sewer: None
  • Utilities: Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool
  • Association Fee: 975
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Steve Russell
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: russell9190@gmail.com

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 1763190111
  • Zoning: R-1
  • Plat Book Slide: 29/283
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 978
  • Cleared Acres: 0.00
  • Lot Size Acres: 1.1
  • Lot Size: 98x336x177x390
  • Lot Size Sq Ft: 47916
  • Wooded Area: 1.1
  • Zoning Description: Residential Lot
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 6, 2021
Sold by
Wallace Guy W and Setzer Nancy
Bought by
Seller's Agent
Dianne Reihl
Engel & Volkers Foothills Lake James
Buyer's Agent
Denice Rechtiene
Lake Homes Realty LLC
List Price
$52,900
Sold Price
$47,000
Premium/Discount to List
-$5,900
-11.15%
Current Estimated Value
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,000
Avg. Annual Appreciation
27.86%

Purchase Details

Closed on
Aug 15, 2008
Sold by
Swinging Hammer Properties Inc
Bought by
Wallace Guy W and Wallace Nancy Setzer
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lake James, NC

  • Rhonda Silver Real Estate Agent - Rhonda Silver Real Estate Group LLC

    Rhonda Silver

    Rhonda Silver Real Estate Group LLC

    (828) 655-7998

    97 Total Sales

    7 in Lake James

    $450K - $2.6M Price Range

    Rhonda Silver
     Section Image
  • Niki Palmer Real Estate Agent - Realty Executives of Hickory

    Niki Palmer

    Realty Executives of Hickory

    (717) 929-8443

    73 Total Sales

    8 in Lake James

    $31K - $1.1M Price Range

    Niki Palmer
     Section Image
  • Brandon Braswell Real Estate Agent - Realty Group 1 LLC

    Brandon Braswell

    Realty Group 1 LLC

    (828) 655-7725

    131 Total Sales

    3 in Lake James

    $32K - $450K Price Range

    Brandon Braswell
     Section Image

  • AW

    Ali Whitman

    GreyBeard Realty

    (828) 672-3940

    101 Total Sales

    5 in Lake James

    $17K - $60K Price Range

    Ali Whitman
     Section Image
  • Julia Burdette Real Estate Agent - Nest Realty Asheville

    Julia Burdette

    Nest Realty Asheville

    (828) 672-2408

    47 Total Sales

    1 in Lake James

    $435,000 Price

    Julia Burdette
     Section Image
  • allison holtzman Real Estate Agent - Realty Executives of Hickory

    allison holtzman

    Realty Executives of Hickory

    (828) 624-6384

    37 Total Sales

    1 in Lake James

    $286,000 Price

    allison holtzman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$47,000 None Listed On Document
Wallace Guy W $80,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $520,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2021 08/09/21 Sold $47,000 -11.2% --
05/20/2021 05/20/21 Pending -- -- --
08/13/2020 08/13/20 Price Changed $52,900 0.0% --
08/13/2020 08/13/20 For Sale $52,900 +12.6% --
08/03/2020 08/03/20 Off Market $47,000 -- --
08/24/2019 08/24/19 For Sale $57,900 +23.2% --
08/03/2019 08/03/19 Off Market $47,000 -- --
11/11/2018 11/11/18 For Sale $57,900 +23.2% --
07/31/2018 07/31/18 Off Market $47,000 -- --
07/20/2016 07/20/16 For Sale $57,900 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $224 $34,260 $34,260 $0
2024 $226 $34,260 $34,260 $0
2023 $226 $34,260 $34,260 $0
2022 $193 $24,260 $24,260 $0
2021 $236 $24,260 $24,260 $0
2019 $240 $24,260 $24,260 $0
2018 $471 $60,751 $60,751 $0
2017 $471 $60,751 $60,751 $0
2016 $462 $60,751 $60,751 $0
2015 $462 $60,751 $60,751 $0
2014 $450 $60,751 $60,751 $0
2013 $450 $60,751 $60,751 $0
Source: Public Records

Agents Affiliated with this Home

  • Dianne Reihl Real Estate Agent - Engel & Volkers Foothills Lake James

    Seller's Agent in 2021

    Dianne Reihl

    Engel & Volkers Foothills Lake James

    (828) 443-2172

    38 in this area

    65 Total Sales

    Dianne Reihl
    Section Image

  • DR

    Buyer's Agent in 2021

    Denice Rechtiene

    Lake Homes Realty LLC

    Section Image
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Map

Source: Canopy MLS

MLS Number: 3190175

Canopy MLS

APN: 59327

North Carolina Burke County Morganton 28655 Lake James

9999 Cottage Park Rd Unit 3, Morganton, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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