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705 Waters Edge Drive

705 Waters Edge Drive, Nebo, NC 28761
Property in McDowell
Refi Mar 07, 2017
Transfer
$342,950 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2037
Local assessors in Nebo, NC have categorized 705 Waters Edge Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 38,899 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 705 Waters Edge Drive has a total of 4,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of materials we are unsure of. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,005 in taxes each year. 705 Waters Edge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $898,880. If we break it down further, the land itself was valued at $180,000. Improvements to the property, however, were assessed at a total of $718,880. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Other
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 38,899
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,968
  • Building Area: 4,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE ARBOR SD
  • Land Acres: 0.893
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: LOT 35 THE ARBOR S/D.893 AC

Ownership

  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: McDowell County Schools
  • Census Tract: 970200

Geography

  • Account Number: 47906
  • District: 08
  • Parcel: 1723-00-34-4621
  • Lot: 35
  • Municipality: NEBO
  • Latitude: 35.733
  • Longitude: -81.9539

    Address

  • Full Address: 705 Waters Edge Dr
  • Address - House Number: 705
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Nebo
  • Carrier Code: R004
  • 4-Digit Zip Code: 0121
  • Zip Code: 28761

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,005

    Appraisal Valuation

  • Standard Deviation: 0.4829
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 3
  • Final Value: 728,506
  • High Value: 1,080,355
  • Low Value: 376,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,950
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 07, 2017
  • First Open Lien Mortgage Loan Amount: $342,950
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Market Valuation

  • Market Total Value: $898,880
  • Market Land Value: $180,000
  • Market Improvement Value: $718,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $898,880
  • Assessed Land Value: $180,000
  • Assessed Improvements Value: $718,880

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Frequently Asked Questions

What neighborhood is 705 Waters Edge Drive located in?
The 705 Waters Edge Drive is a located in the neighborhood of McDowell in McDowell, Nebo.
What is the average sales price for listings in 705 Waters Edge Drive?
The average sales price for units in 705 Waters Edge Drive is $0 currently.

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