NOT LISTED FOR SALE

109 Cove Point Unit 5 Mount Gilead, NC 27306

Estimated Value: $923,000 - $1,178,000

0.68 Acre
$1,580,565 Price per Acre
29,621 Sq Ft Lot

Last Sold May 02, 2018

Last sale price $90,000

Est. 1,094% increase in value since last sale

Current estimated payment $6,459/month

726 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of May 2018

Lot #5 at The Landing is a waterfront lot with approximately .68 acres. City sewer tap is in place. County water is available. The lot qualifies for a waterfront lease from Duke Energy for a boathouse / dock. This is a new gated community on Lake Tillery with a minimum restriction of 1200 hsf for homes. Come find your waterfront getaway spot to enjoy the tranquility and beauty of Lake Living at Tillery.

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Last Buyer's Agent

Christi Gallagher

Carolina Choice Realty License #246584

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6575-18-30-8925

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 132352.94
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None
  • Year Built (Public Record): 2020

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 100 x 300
  • Lot Features: Waterfront, Water view, Lake, Wooded, Year Round View
  • Lot Size Area: 0.680
  • Parcel Number: 6575-18-30-8925
  • Zoning: SFR
  • Zoning Specification: SFR
  • Wooded Acres: 0.68

Tax Info

  • Tax Value: 93700.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Apr 18, 2018
Sold by
Allen June D
Bought by
Crooke Perry M and Crooke Dusty B
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Christi Gallagher
Carolina Choice Realty
List Price
$100,000
Sold Price
$90,000
Premium/Discount to List
-$10,000
-10%
Total Days on Market
726
Current Estimated Value
$1,074,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,784
Source: Public Records

Range of Values:

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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
Crooke Perry M $90,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $90,000 -10.0% --
04/18/2016 04/18/16 For Sale $100,000 -- --
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 $4,513 $689,017 $90,428 $598,589
2023 $2,647 $404,137 $90,428 $313,709
2022 $2,647 $404,137 $90,428 $313,709
2021 $2,523 $385,179 $90,428 $294,751
2020 $592 $90,428 $90,428 $0
2018 $618 $93,700 $93,700 $0
2017 $618 $93,700 $93,700 $0
2016 $618 $93,700 $93,700 $0
2015 $572 $93,700 $0 $0
2014 $572 $93,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3169199

Canopy MLS (Canopy Realtor® Association)

APN: 6575-18-30-8925