NOT LISTED FOR SALE

Estimated Value: $1,111,000 - $1,483,000

0.61 Acre
$2,125,362 Price per Acre
26,572 Sq Ft Lot

Last Sold November 13, 2014

Last sale price $100,000

Est. 1,196% increase in value since last sale

Current estimated payment $7,440/month

1 Day on Market

Highlights

  • Access To Lake
  • Woodland Heights Elementary School Rated A-
  • Community Lake

About This Lot

As of November 2014

Cul De Sac lot in Yacht Cove with Deeded Boast slip.

Last Agent to Sell the Property

Kathy Morris

COMPASS License #260970 Listed on: 09/16/2014

COMPASS

Co-Listed By

Mona Depew

COMPASS License #259647

Last Buyer's Agent

Violet Clarke

Keller Williams Lake Norman License #271335

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Property is zoned Residential Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4625-90-1190.000

Community Details

Overview

  • Yacht Cove HOA, Phone Number (704) 360-2183
  • Community Lake

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.80000
  • Ratio Current Price By Acre: 163934.43
  • Restrictions: Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-360-2183

Exterior Features

  • Exterior Features: Boat Slip

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Lake, Lake Access
  • Association Fee: 250.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: yacht Cove HOA
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 103x238x105x277x59
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.610
  • Parcel Number: 4625-90-1190.000
  • Zoning: Residential Lot
  • Zoning Specification: RR

Tax Info

  • Tax Value: 78600.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Nesbit Timothy Lee and Huang Jian Wei
Bought by
Terhaar Peter J and Terhaar Jennifer J
Current Estimated Value
$1,296,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$457,928
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$838,543

Purchase Details

Listed on
Sep 16, 2014
Closed on
Nov 11, 2014
Sold by
Wright A Cotten and Kissel William G
Bought by
Nesbit Timothy Lee and Huang Jian Wei
Seller's Agent
Kathy Morris
COMPASS
Buyer's Agent
Violet Clarke
Keller Williams Lake Norman
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.64%

Purchase Details

Closed on
Aug 13, 2013
Sold by
Kissel William G and Kissel Diane L
Bought by
Kissel William G

Purchase Details

Closed on
Oct 1, 1994

Purchase Details

Closed on
Jun 1, 1901
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
Terhaar Peter J $945,000 Master Title Agency Inc
Nesbit Timothy Lee $100,000 None Available
Kissel William G -- None Available
-- $35,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terhaar Peter J $500,000
Previous Owner Nesbit Timothy Lee $300,000
Previous Owner Nesbit Timothy Lee $366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2014 11/13/14 Sold $100,000 -20.0% --
09/17/2014 09/17/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $125,000 -- --
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 $5,885 $987,230 $120,000 $867,230
2023 $5,885 $936,830 $120,000 $816,830
2022 $4,037 $633,750 $100,000 $533,750
2021 $4,033 $633,750 $100,000 $533,750
2020 $4,033 $633,750 $100,000 $533,750
2019 $3,969 $633,750 $100,000 $533,750
2018 $3,238 $533,210 $110,000 $423,210
2017 $3,238 $533,210 $110,000 $423,210
2016 $1,972 $321,310 $110,000 $211,310
2015 $679 $113,600 $110,000 $3,600
2014 -- $78,600 $75,000 $3,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3035752

Canopy MLS (Canopy Realtor® Association)

APN: 4625-90-1190.000