101 Magnolia Farms Ln Unit 61 Mooresville, NC 28117
Estimated Value: $1,197,000 - $1,623,592
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                5,673
                Sq Ft
            
            
                
                    $251/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 101 Magnolia Farms Ln Unit 61, Mooresville, NC 28117 and is currently estimated at $1,423,648, approximately $250 per square foot. 101 Magnolia Farms Ln Unit 61 is a home located in Iredell County with nearby schools including Woodland Heights Elementary School and Lake Norman High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Aug 25, 2020
            
        
                Sold by
            
            
                Amica Development Llc
            
        
                Bought by
            
            
                Lusk John A and Marquette Rene J
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $500,000
            
        
                Outstanding Balance
            
            
                $356,807
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $1,066,841
            
        Purchase Details
                Closed on
            
            
                Jul 16, 2020
            
        
                Sold by
            
            
                Kaapa Properties Llc
            
        
                Bought by
            
            
                Amica Development Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $500,000
            
        
                Outstanding Balance
            
            
                $356,807
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $1,066,841
            
        Purchase Details
                Closed on
            
            
                Dec 30, 2015
            
        
                Sold by
            
            
                Harris Construction Group Llc
            
        
                Bought by
            
            
                Kappa Properties Llc
            
        Purchase Details
                Closed on
            
            
                May 24, 2013
            
        
                Sold by
            
            
                Branum Stephen C and Kennedy Krista
            
        
                Bought by
            
            
                Harris Construction Group Llc
            
        Purchase Details
                Closed on
            
            
                Mar 30, 2005
            
        
                Sold by
            
            
                The Farms Llc
            
        
                Bought by
            
            
                Branum Stephen C and Kennedy Krista
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $117,164
            
        
                Interest Rate
            
            
                5.57%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Lusk John A | $880,000 | Masters Title | |
| Amica Development Llc | -- | None Available | |
| Kappa Properties Llc | -- | None Available | |
| Harris Construction Group Llc | $90,000 | None Available | |
| Branum Stephen C | $129,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Lusk John A | $500,000 | |
| Previous Owner | Branum Stephen C | $117,164 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | 
|---|---|---|---|---|
| 2024 | $6,858 | $1,152,120 | $300,000 | $852,120 | 
| 2023 | $6,858 | $1,152,120 | $300,000 | $852,120 | 
| 2022 | $5,385 | $848,680 | $180,000 | $668,680 | 
| 2021 | $5,229 | $824,430 | $180,000 | $644,430 | 
| 2020 | $1,017 | $162,000 | $162,000 | $0 | 
| 2019 | $1,000 | $162,000 | $162,000 | $0 | 
| 2018 | $753 | $126,000 | $126,000 | $0 | 
| 2017 | $753 | $126,000 | $126,000 | $0 | 
| 2016 | $753 | $126,000 | $126,000 | $0 | 
| 2015 | $753 | $126,000 | $126,000 | $0 | 
| 2014 | -- | $126,000 | $126,000 | $0 | 
                Source: Public Records
                    
            
        Map
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