NOT LISTED FOR SALE

106 Shumard Oak Ln Mooresville, NC 28117

Estimated Value: $738,000 - $1,420,624

6 Beds
4.5 Baths
3,977 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,200,000 $302 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,336/month

43 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Open Floorplan
  • Lakeshore Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of December 2022

Absolutely stunning waterfront home not even 2 years old! This gorgeous home boasts 6 bedrooms, 4 1/2 bathrooms, finished basement, pool & dock. The kitchen is a dream with quartz counters, herringbone backsplash, double ovens, stainless steel hood over the gas cooktop stove. Primary suite on the main floor has vaulted ceilings, a bathroom you won't want to leave & walk in closet with built-ins. Also on the main floor is the laundry room and two small offices. 3 bedrooms (2 with a view of the farm) and 2 full bathrooms upstairs plus a small loft. Luxury vinyl plank floors throughout. The finished basement is like its own separate living space with a large partial kitchen, living room, dining area, 2 bedrooms & a bathroom. The basement opens up to a beautiful travertine patio and pathway that leads you to the salt water pool and spa. Your own private dock awaits for all your lake living needs.

Last Agent to Sell the Property

Barbara Pereira

Allen Tate Mooresville/Lake Norman License #310878 Listed on: 10/27/2022

Allen Tate Mooresville/Lake Norman

Last Buyer's Agent

Barbara Pereira

Allen Tate Mooresville/Lake Norman License #310878 Listed on: 10/27/2022

Allen Tate Mooresville/Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,077

Year Built

  • Built in 2021

Lot Details

  • Waterfront
  • Fenced
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Mud Room
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Driveway

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio

Schools

  • Shepherd Elementary School
  • Lakeshore Middle School
  • Lake Norman High School

Utilities

  • Zoned Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4648-59-5211.000
  • Tax Block 22

Community Details

Overview

  • Cusick Management Association, Phone Number (704) 544-7779
  • Built by Nest Homes
  • Atwater Landing Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Indoor Game Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,077

Year Built

Built in 2021

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Ratio Current Price By Acre: 4347826.09
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: CCRs & HOA
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 301.73
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement Fully Finished
  • Flooring: Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cathedral Ceiling(s), Drop Zone, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1616
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 443
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 296
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 739
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1188
  • Porch: Back,Deck,Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Hood, Gas Range, Plumbed For Ice Maker, Microwave, Security System, Wall Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1173
  • Fireplace Features: Living Room
  • Living Area: 3977
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fence, Hot Tub, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 496
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Lake, Outdoor Pool, Picnic Area, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick Management
  • Phone: (704) 544-7779
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Lakeshore
  • HOA Subject To: Required
  • HOA Email: info@cusickcompany.com
  • CAR_YearlyHOAExpense: 750.00

Lot Info

  • Lot Features: Lake Access, Wooded, Views, Water View, Waterfront
  • Lot Size Area: 0.276
  • Lot Size Units: Acres
  • Parcel Number: 4648-59-5211.000
  • Plat Book Slide: 70
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Nest Homes

Tax Info

  • Tax Block: 22
  • RATIO List Price By Tax Amount: 1.73513

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Shepherd
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 9, 2022
Sold by
Matthews Christopher M
Bought by
Steven Urbach Trust and Urbach Family Wealth Trust
Seller's Agent
Barbara Pereira
Allen Tate Mooresville/Lake Norman
Buyer's Agent
Barbara Pereira
Allen Tate Mooresville/Lake Norman
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Views
2
Current Estimated Value
$1,143,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,344
Avg. Annual Appreciation
-0.49%

Purchase Details

Closed on
May 20, 2021
Sold by
Nest Homes Llc
Bought by
Matthews Christopher M and Matthews Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2020
Sold by
Atwater Waterfront Llc
Bought by
Nest Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,273
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2019
Sold by
D R Horton Inc
Bought by
Atwater Waterfront Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,202,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Steven Urbach Trust $1,200,000 Investors Title
Matthews Christopher M $940,000 None Available
Nest Homes Llc $250,000 None Available
Atwater Waterfront Llc $2,275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthews Christopher M $100,000
Previous Owner Matthews Christopher M $50,000
Previous Owner Matthews Christopher M $360,000
Previous Owner Nest Homes Llc $628,273
Previous Owner Atwater Waterfront Llc $2,202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $1,200,000 -11.1% $302 / Sq Ft
10/27/2022 10/27/22 For Sale $1,350,000 -- $339 / 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
2024 $13,077 $1,154,430 $420,000 $734,430
2023 $11,535 $1,154,430 $420,000 $734,430
2022 $8,875 $778,040 $367,500 $410,540
2021 $4,107 $367,500 $367,500 $0
2020 $4,107 $367,500 $367,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3918576

Canopy MLS (Canopy Realtor® Association)

APN: 4648-59-5211.000