NOT LISTED FOR SALE

1022 Tranquill Cove Ct Unit 25 Connellys Springs, NC 28612

Estimated Value: $1,123,000 - $1,303,000

5 Beds
4 Baths
4,867 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $620,000 $127 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,008/month

239 Days on Market

Highlights

  • Waterfront
  • 1.53 Acre Lot
  • Contemporary Architecture
  • Heritage Middle School Rated A-
  • Deck
  • Wooded Lot

About This Home

As of August 2018

WOW!!!! You have to see this beautiful waterfront home on Lake Rhodhiss. This 5 bedroom and 4 bath home has over 4800 square ft. of heated living space. The craftsmanship of the home is second to none. The oversized master bedroom has large windows that overlook the lake. Your master bathroom has a large tile shower and separate whirlpool tub. Lake front cottage. The cottage (512 Sq. Ft.) is situated near the waters edge overlooking your big waterfront views. View video for the virtual tour.

Last Agent to Sell the Property

Greg Shuffler

Fonta Flora Realty Brokerage Email: gregshuffler@lakejameswnc.com License #147122 Listed on: 11/05/2017

Last Buyer's Agent

John Henderson

Western Piedmont Real Estate LLC License #291676

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,143

Year Built

  • Built in 2009

Lot Details

  • 1.53 Acre Lot
  • Waterfront
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Basement Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Living Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Fire Pit

Schools

  • Valdese Elementary School
  • Heritage Middle School
  • Jimmy C Draughn High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Paradise Harbor Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 2764277793

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,143

Year Built

Built in 2009

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2009
  • Second Living Quarters: Exterior Not Connected
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 127.39
  • Attribution Contact: gregshuffler@lakejameswnc.com
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2191
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 506
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 506
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 991
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 3182
  • Has Basement: Basement, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1685
  • Door Features: Storm Door(s)
  • Fireplace Features: Fire Pit, Gas Log, Gas Vented, Living Room
  • Living Area: 4867
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2
  • Room Count: 19
  • Sq Ft Other: 0
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: Dock, Lake
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Heritage
  • HOA Subject To: Required

Lot Info

  • Lot Features: Rolling Slope, Sloped, Waterfront, Wooded
  • Lot Size Area: 1.53
  • Lot Size Units: Acres
  • Parcel Number: 2764277793
  • Zoning: R-1
  • Plat Book Slide: 25/196
  • Development Status: Completed
  • Lot Size Acres: 1.53
  • Lot Size: Irregular
  • Lot Size Sq Ft: 66646
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-1

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Valdese
  • High School: Jimmy C Draughn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Wallrichs Thomas Alan and Wallrichs Melinda Ann
Bought by
Thomas Alan Wallriehs Living Trust and Melinda Ann Wallrichs Living Trust
Current Estimated Value
$1,205,135

Purchase Details

Closed on
Sep 17, 2019
Sold by
Wallrichs Thomas A and Wallrichs Melinda A
Bought by
Wallrichs Thomas A and Wallrichs Melinda A

Purchase Details

Listed on
Nov 5, 2017
Closed on
Aug 13, 2018
Sold by
Reynolds Terry and Reynolds Gisook
Bought by
Wallrichs Thomas A and Wallrichs Melinda A
Seller's Agent
Greg Shuffler
Fonta Flora Realty
Buyer's Agent
John Henderson
Western Piedmont Real Estate LLC
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$496,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2011
Sold by
First Construction Co Inc
Bought by
Reynolds Terry and Reynolds Gisook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2008
Sold by
Paradise Harbor Llc
Bought by
First Construction Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,500
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Thomas Alan Wallriehs Living Trust -- None Listed On Document
Wallrichs Thomas A -- None Available
Wallrichs Thomas A $620,000 None Available
Reynolds Terry $500,000 None Available
First Construction Company Inc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallrichs Thomas A $496,000
Previous Owner Reynolds Terry $400,000
Previous Owner First Construction Company Inc $465,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2018 08/13/18 Sold $620,000 -4.5% $127 / Sq Ft
07/02/2018 07/02/18 Pending -- -- --
11/05/2017 11/05/17 For Sale $649,000 -- $133 / Sq Ft
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 $7,143 $980,131 $136,363 $843,768
2024 $7,050 $961,387 $136,363 $825,024
2023 $6,962 $961,387 $136,363 $825,024
2022 $5,417 $627,644 $116,313 $511,331
2021 $5,411 $627,644 $116,313 $511,331
2020 $5,407 $627,644 $116,313 $511,331
2019 $5,375 $623,894 $112,563 $511,331
2018 $4,832 $560,023 $130,116 $429,907
2017 $4,830 $560,023 $130,116 $429,907
2016 $4,685 $560,023 $130,116 $429,907
2015 $4,682 $560,023 $130,116 $429,907
2014 $4,681 $560,000 $130,116 $429,884
2013 $4,401 $560,000 $130,116 $429,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3336225

Canopy MLS (Canopy Realtor® Association)

APN: 58069