NOT LISTED FOR SALE

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
$1,423,648

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
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
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

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
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

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