NOT LISTED FOR SALE

TBD S Mountain Institute Rd Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $303,140

42.5 Acres
$7,133 Price per Acre
1,851,300 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $295,000

Est. 3% increase in value since last sale

Current estimated payment $1,700/month

1 Day on Market

About This Lot

As of August 2024

This wonderful 42-acre tract is in one of the NC mountains most sought-after locations and has the perfect combination of natural beauty, privacy, and accessibility. If you’re looking for a mountain hideaway, this could be the perfect spot! Within a 3-5-minute drive you will find the Fonta Flora Brewery and Lake James State Park.
Within a 10-minute drive you can explore Bridgewater Fishing area, gorgeous Fonta Flora County Park state trail and Lake James Marina! The land is surrounded by land developed or owned by “The Enclaves at Lake James” and the South Mountain Institute which provides a degree of security. Some other key features include an accessible and mostly cleared 30-foot easement off the South Mountain Institute Road and a gorgeous large build site that’s already cleared, providing an opportunity to lay out your dream home or small farm! Wildlife is plentiful with turkey, deer and other local wildlife in abundance! The sellers are a close relative of the broker.

Last Agent to Sell the Property

Julian Baker

Baker Realty Brokerage Email: jbaker@bakerrealtyhomes.com License #103327 Listed on: 05/01/2024

Last Buyer's Agent

Laney Greene

Nest Realty Morganton License #313831

Nest Realty Morganton

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,114

Lot Details

  • Possible uses of the property include Gardening, Horses, Private Estate, Recreational, Residential
  • Property is zoned CON

Schools

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

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 30152

Property Details

Property Type

Land

Est. Annual Taxes

$1,114

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: N/A
  • Road Frontage Type: Easement
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: jbaker@bakerrealtyhomes.com
  • Special Features: None

Interior Features

  • Possible Use: Gardening, Horses, Private Estate, Recreational, Residential

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Table Rock
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 42.5
  • Lot Size Units: Acres
  • Parcel Number: 30152
  • Can Be Subdivided: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CON

MLS Schools

  • Elementary School: Glen Alpine
  • High School: Freedom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 8, 2024
Sold by
Catherine S Perkins Revocable Trust and Younce Cynthia P
Bought by
Francis Jennifer
Seller's Agent
Julian Baker
Baker Realty
Buyer's Agent
Laney Greene
Nest Realty Morganton
List Price
$295,000
Sold Price
$295,000
Current Estimated Value
$303,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,140
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Jun 18, 2020
Sold by
Younce Cynthia P
Bought by
Younce Cynthia P and Catherine S Perkins Revocable Living T
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
Francis Jennifer $295,000 None Listed On Document
Younce Cynthia P -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $295,000 0.0% --
05/01/2024 05/01/24 For Sale $295,000 -- --
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 $1,114 $165,005 $165,005 $0
2024 $81 $165,005 $165,005 $0
2023 $81 $165,005 $165,005 $0
2022 $88 $141,030 $141,030 $0
2021 $88 $141,030 $141,030 $0
2020 $88 $141,030 $141,030 $0
2019 $88 $141,030 $141,030 $0
2018 $94 $136,030 $136,030 $0
2017 $94 $136,030 $136,030 $0
2016 $92 $136,030 $136,030 $0
2015 $95 $136,030 $136,030 $0
2014 $95 $136,030 $136,030 $0
2013 $95 $136,030 $136,030 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4133353

Canopy MLS (Canopy Realtor® Association)

APN: 30152