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Common Elements
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Data sourced from North Carolina Secretary of State filings, county public records, FEMA, and the U.S. Census Bureau. Not legal advice. Consult association counsel for governance questions.
Statute-cited calculators and generators for Association Of Co-Owners Of Chetola Lake,Condominium, Inc.. No account needed.
See also the North Carolina Condominium Act (NCGS § 47C).
Footprint totals from mapped building outlines, not a survey. A common starting point for roofing and reserve estimates; add a slope factor for pitched roofs.
Source: Overture Maps building footprints
Parcel-roll figures for the whole association, not an appraisal of any single unit.
Source: County property appraiser parcel roll
Annual change in Watauga County
2020 +3.6% · 2021 +16.3% · 2022 +23.4% · 2023 +13.4% · 2024 +7.4% · 2025 +3.0%
Area price appreciation for context, not an appraisal of this association or any unit. FHFA labels this index developmental: it is built from Fannie Mae and Freddie Mac mortgage data, and small housing markets are suppressed.
Source: FHFA All-Transactions House Price Index · as of Mar 2026
Monthly HOA and condo fees reported by owners in this part of the state, from U.S. Census Bureau microdata (ACS PUMS).
Peer context, not financial advice: area-level survey medians describe the market, not what any specific community should charge.
16% of nearby housing sits in 5+ unit buildings, most of it built in the 1990s.
Census-tract area figures, not the association itself. Useful as neighborhood context.
Source: U.S. Census ACS 5-year estimates
Source: Common Elements directory
Most recent significant event in Watauga County: Flood, May 12, 2025.
Post-storm NOAA aerial imagery exists for this location: Hurricane Matthew, 2016.
County-level weather records from the NOAA NCEI Storm Events Database, for context. NOAA logs each event for a whole county or forecast zone, not for individual properties, so counts and damage estimates describe Watauga County as a whole, never this association's own loss history.
Source: NOAA NCEI Storm Events Database · events since 2015