NOT LISTED FOR SALE

110 Arbor Way Ln Troutman, NC 28166

Troutman Area

Estimated Value: $529,000 - $610,348

0.41 Acre
$1,418,983 Price per Acre
17,860 Sq Ft Lot

Sale Details

Date Sold: June 18, 2024

Last sale price $545,000

Est. 7% increase in value since last sale

Current estimated payment $3,378 / mo

39 Days on Market

Highlights

  • Pier
  • Wooded Lot
  • Paved or Partially Paved Lot
  • Waterfront
  • Cul-De-Sac

About This Lot

As of June 2024

Stunning Lake Norman waterfront homesite with 138' of shoreline close to Lake Norman State Park. New pier just built! Excellent year round water. Gentle topo allows for a future crawl space foundation. No steep incline from the water; no basement needed. Quiet area with a beautiful peaceful view. No unsightly power lines. Low Iredell County taxes only. Well permit and septic permit are in hand! All you need to do is pick a floorplan and build when you are ready. No HOA; no time limit to build; use the builder of your choice. Good potential for an VRBO. Lake Norman appreciation is unbelievable! Not only a dream lifestyle but an excellent investment.

Last Agent to Sell the Property

Susan Ayers

HomeZu Brokerage Email: info@clickitrealty.com License #216309 Listed on: 04/14/2024

Last Buyer's Agent

Eric Governale

Governale Realty License #240609

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned R20

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4730-30-2488.000

Community Details

Overview

  • Allison Acres Subdivision

Recreation

  • Pier

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: No Restrictions
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: info@clickitrealty.com
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • View: Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier
  • Foundation Details Proposed: Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Paved, Wooded, Waterfront, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 4730-30-2488.000
  • Can Be Subdivided: 0
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
Jun 14, 2024
Sold by
Bought by
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Eric Governale
Governale Realty
List Price
$578,785
Sold Price
$545,000
Premium/Discount to List
-$33,785
-5.84%
Views
24
Current Estimated Value
$581,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,783
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Jan 4, 2024
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
0.0356%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 1985
Bought by

Purchase Details

Closed on
Jun 1, 1965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 None Listed On Document
$447,500 Harbor City Title
$810 Dudley L Ragan
$36,000 --
$3,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $303,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $545,000 -5.8% --
05/24/2024 05/24/24 Pending -- -- --
04/14/2024 04/14/24 For Sale $578,785 -- --
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,498 $416,280 $405,000 $11,280
2024 $2,541 $405,000 $405,000 $0
2023 $2,430 $405,000 $405,000 $0
2022 $1,412 $225,000 $225,000 $0
2021 $1,412 $225,000 $225,000 $0
2020 $1,412 $225,000 $225,000 $0
2019 $1,356 $225,000 $225,000 $0
2018 $1,344 $225,000 $225,000 $0
2017 $1,344 $225,000 $225,000 $0
2016 $1,344 $225,000 $225,000 $0
2015 $1,344 $225,000 $225,000 $0
2014 $1,238 $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Ayers

    Seller's Agent in 2024

    Susan Ayers

    HomeZu

    (678) 344-1600

    3,404 Total Sales

    Susan Ayers
    Section Image
  • Eric Governale

    Buyer's Agent in 2024

    Eric Governale

    Governale Realty

    (704) 763-1897

    1 in this area

    38 Total Sales

    Eric Governale
    Section Image
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Map

Source: Canopy MLS

MLS Number: 4129022

Canopy MLS

APN: 4730-30-2488.000

North Carolina Iredell County Troutman 28166

110 Arbor Way Ln, Troutman, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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