NOT LISTED FOR SALE

111 Cranbrook Ln Mooresville, NC 28117

Estimated Value: $427,000 - $473,000

3 Beds
2.5 Baths
2,331 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $450,000 $193 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,895/month

32 Days on Market

Highlights

  • Open Floorplan
  • Ranch Style House
  • Attached Garage
  • Coddle Creek Elementary School Rated A-
  • Wood Flooring
  • Community Playground

About This Home

As of July 2022

Gorgeous home with builder upgrades in the desirable Waterlynn Community. Open floorplan and includes both formals, a large family room with vaulted ceilings, open to the dining area and well appointed chef's kitchen. The kitchen has an upgraded gas stove, double ovens, upgraded SS appliance package, granite counter tops, tile backsplash and breakfast bar seating. Off the family room is the bright, airy sunroom which can be used as an office or a 4th bedroom. Next to the sunroom is the large, screened in back patio that takes you out to the lovely landscaped backyard with privacy fence. Upstairs you have a large loft/media/playroom that separates two large secondary bedrooms. Primary bedroom with en suite bathroom is on the main level. Upgrades include the 3/4 in. genuine hardwoods, large pantry, 10 ft. ceilings-main level, 9 ft. ceilings upstairs, extra tall doorways, textured ceilings. Iredell-Statesville Schools. Close to uptown, Lake Norman, Lowe's Headquarters.

Last Agent to Sell the Property

Kris Rainey

Mark Spain Real Estate License #282941 Listed on: 06/09/2022

Mark Spain Real Estate

Last Buyer's Agent

Jeremy Katz

Lake Norman Realty, Inc. License #282116

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,482

Year Built

  • Built in 2013

Lot Details

  • Zoning described as RMX

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer
  • Cedar

Interior Spaces

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

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Schools

  • Coddle Creek Elementary School
  • Bradley Middle School
  • Lake Norman High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4656-23-2605.000

Community Details

Overview

  • Waterlynn Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,482

Year Built

Built in 2013

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2013
  • Ratio Current Price By Acre: 3146853.15
  • Doors and Windows: Storm Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Open Floorplan, Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1596
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 735
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Security System, Wall Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2331
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Construction Type: Cedar, Stone Veneer, Vinyl Siding

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Sidewalks, Street Lights
  • Association Fee: 300
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

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

Lot Info

  • Lot Size Area: 0.143
  • Lot Size Units: Acres
  • Parcel Number: 4656-23-2605.000
  • Zoning Description: RMX

Tax Info

  • RATIO List Price By Tax Amount: 1.74437

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Coddle Creek
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 8, 2022
Sold by
Balachandran and Remya
Bought by
Knapp Henry Patrick and Knapp Sarah
Seller's Agent
Kris Rainey
Mark Spain Real Estate
Buyer's Agent
Jeremy Katz
Lake Norman Realty, Inc.
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%
Current Estimated Value
$453,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,546
Avg. Annual Appreciation
0.84%
Original Mortgage
$350,000
Outstanding Balance
$335,408
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$126,511

Purchase Details

Closed on
Apr 17, 2014
Sold by
Mattamy Carolina Corp
Bought by
Balachandran Pramod and Pramod Remya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2013
Sold by
Faison Waterlynn Llc
Bought by
Mattamy Carolina Corporation
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
Knapp Henry Patrick $450,000 Knipp Law Office Pllc
Balachandran Pramod $275,000 Chicago Title
Mattamy Carolina Corporation $379,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knapp Henry Patrick $350,000
Previous Owner Balachandran Pramod $39,000
Previous Owner Balachandran Pramod $225,000
Previous Owner Balachandran Pramod $260,000
Previous Owner Balachandran Pramod $270,019
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $450,000 +2.3% $193 / Sq Ft
06/16/2022 06/16/22 Price Changed $440,000 -10.2% $189 / Sq Ft
06/09/2022 06/09/22 For Sale $490,000 -- $210 / 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 $4,482 $434,970 $72,000 $362,970
2023 $4,482 $434,970 $72,000 $362,970
2022 $2,999 $252,240 $55,000 $197,240
2021 $2,995 $252,240 $55,000 $197,240
2020 $2,995 $252,240 $55,000 $197,240
2019 $2,970 $252,240 $55,000 $197,240
2018 $2,694 $227,690 $55,000 $172,690
2017 $2,634 $227,690 $55,000 $172,690
2016 $2,634 $227,690 $55,000 $172,690
2015 $2,634 $227,690 $55,000 $172,690
2014 $1,501 $130,380 $55,000 $75,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3870660

Canopy MLS (Canopy Realtor® Association)

APN: 4656-23-2605.000