$18,500
SOLD NOV 17, 2021

1046 Arabian Ct Unit 48 Catawba, NC 28609

0.46 Acre
$40,217 Price per Acre
20,038 Sq Ft Lot

Recently Sold

11% Below List Price

30 Days on Market

Highlights

  • Access To Lake
  • Wooded Lot
  • Recreation Facilities
  • Bandys High School Rated 9+

About This Lot

As of February 2024

Lake Norman Woods Subdivision interior, cul-de-sac lot. The community's amenities include lake access, fire pit, park benches down by the lakeside and a gazebo. Convenient location with easy commute to Sherrills Ford, Hickory and Charlotte. Affordable price for a Lake Norman access lot. Go directly to LakeNormanWoods.com to find more information about the covenants, restrictions, architectural review and community sewer system. Per Seller, lot lines have been flagged by a surveyor for easier identification.

Last Agent to Sell the Property

Libby Lail

RE/MAX A-Team License #147963 Listed on: 09/30/2021

RE/MAX A-Team

Last Buyer's Agent

Judy Werder

Magnolia Real Estate License #278220

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 471003328620
  • Tax Block 74

Community Details

Overview

  • Lake Norman Woods HOA, Phone Number (704) 877-0404

Recreation

  • Recreation Facilities
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88517
  • Ratio Close Price By Original Li: 0.88517
  • Ratio Current Price By Acre: 40217.39
  • Special Assessment Description: boat slip owners
  • Special Assessment Yn: Yes
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-877-0404

Utilities

  • Sewer: Community Sewer

Condo/Co-op/Association

  • Community Features: Lake Access, Recreation Area
  • Association Fee: 300.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Lake Norman Woods HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Catawba
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 100X200
  • Lot Features: Paved Frontage, Wooded
  • Lot Size Area: 0.460
  • Parcel Number: 471003328620
  • Zoning Specification: R-30
  • Plat Book Slide: 24
  • Wooded Acres: 0.46

Tax Info

  • Tax Value: 15000.00
  • Tax Block: 74
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Feb 1, 2024
Sold by
Balkris Holdings Llc
Bought by
Norwood Delaney and Norwood Jake William
Seller's Agent
Judy Werder
Magnolia Real Estate
Buyer's Agent
Bethenny Bullard
McClure Group Realty LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Views
78
Current Estimated Value
$569,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,508
Avg. Annual Appreciation
13.87%
Original Mortgage
$376,000
Outstanding Balance
$370,451
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$211,872

Purchase Details

Closed on
Nov 14, 2023
Sold by
Balkris Holdings Llc
Bought by
Singh Jagat Sher and Singh Amrit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 16, 2021
Sold by
Pulicherla Leeladhar Reddy and Varanasi Neelima R
Bought by
Balkris Holdings Llc
Seller's Agent
Libby Lail
RE/MAX A-Team
Buyer's Agent
Judy Werder
Magnolia Real Estate
List Price
$20,900
Sold Price
$18,500
Premium/Discount to List
-$2,400
-11.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.39%

Purchase Details

Listed on
Aug 8, 2017
Closed on
Feb 3, 2021
Sold by
Whalen Joseph and Whalen Joyce
Bought by
Pulicherla Leeladhar Reddy
Seller's Agent
Alan Jarrett
Alliance Real Estate Group LLC
Buyer's Agent
Libby Lail
RE/MAX A-Team
List Price
$17,500
Sold Price
$15,000
Premium/Discount to List
-$2,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.78%

Purchase Details

Closed on
Nov 22, 2020
Sold by
Brown Irenita A and Brown Curtis A
Bought by
Cloutier Gregory and Cloutier Susan Mackenzie

Purchase Details

Closed on
Apr 4, 2007
Sold by
L I G Partners
Bought by
Whalen Joseph and Whalen Joyce

Purchase Details

Closed on
Oct 5, 2006
Sold by
Brown Irenita A
Bought by
L L G Partners

Purchase Details

Closed on
May 5, 2006
Sold by
Martin Clayton Alexander
Bought by
Brown Irenita A and L I G Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,750
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 26, 2002

Purchase Details

Closed on
Mar 1, 1999

Purchase Details

Closed on
Sep 1, 1993
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,000 Investors Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $18,500 None Available
Warranty Deed $15,000 None Available
Warranty Deed $15,000 None Listed On Document
Deed -- None Available
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Listed On Document
Warranty Deed $36,000 Land America Lawyers Title
Warranty Deed -- None Available
Warranty Deed $45,000 None Available
Deed $19,900 --
Deed $20,000 --
Deed $9,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,000 New Conventional
Previous Owner $275,000 New Conventional
Previous Owner $15,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $470,000 -1.1% $196 / Sq Ft
11/21/2023 11/21/23 For Sale $475,000 +2467.6% $199 / Sq Ft
11/17/2021 11/17/21 Sold $18,500 -11.5% --
10/30/2021 10/30/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $20,900 +39.3% --
02/12/2021 02/12/21 Sold $15,000 -14.3% --
01/17/2021 01/17/21 Pending -- -- --
03/08/2020 03/08/20 For Sale $17,500 +16.7% --
03/03/2020 03/03/20 Off Market $15,000 -- --
08/28/2019 08/28/19 Price Changed $17,500 -12.1% --
10/01/2018 10/01/18 For Sale $19,900 0.0% --
09/14/2018 09/14/18 Pending -- -- --
08/08/2017 08/08/17 For Sale $19,900 -- --
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 $2,999 $608,900 $18,500 $590,400
2024 $2,999 $608,900 $18,500 $590,400
2023 $89 $15,000 $15,000 $0
2022 $106 $15,000 $15,000 $0
2021 $106 $15,000 $15,000 $0
2020 $106 $15,000 $15,000 $0
2019 $106 $15,000 $0 $0
2018 $103 $15,000 $15,000 $0
2017 $103 $0 $0 $0
2016 $98 $0 $0 $0
2015 $124 $15,000 $15,000 $0
2014 $124 $20,600 $20,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3791316

Canopy MLS (Canopy Realtor® Association)

APN: 4710033286200000