NOT LISTED FOR SALE

111 Paddle Loop Unit Lot 147 Mooresville, NC 28117

Estimated Value: $1,585,000 - $2,009,000

4 Beds
4.5 Baths
3,676 Sq Ft
$493/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $1,363,087 $371 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,657/month

115 Days on Market

Highlights

  • Boat Slip
  • Under Construction
  • Open Floorplan
  • Lakeshore Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of August 2021

Custom Madeline, no basement on crawl

Last Agent to Sell the Property

Jonathan Coarsey

Pilot Realty & Development Brokerage Email: jcwallacehomes@gmail.com License #305115 Listed on: 10/28/2020

Co-Listed By

Sophia Hume

Pilot Realty & Development Brokerage Email: jcwallacehomes@gmail.com License #203425

Last Buyer's Agent

JJ Morse

Mooresville Realty LLC License #198617

Mooresville Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,113

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Property is zoned RMXC

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Mud Room
  • Great Room with Fireplace
  • Wood Flooring
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Garage
  • 3 Detached Carport Spaces

Outdoor Features

  • Boat Slip
  • Deck
  • Covered Patio or Porch

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4648470066

Community Details

Overview

  • Property has a Home Owners Association
  • Built by Nest Homes
  • Lakewalk Subdivision, Sophia Custom Floorplan

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,113

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Proposed Completion Date: 2022-02-28
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 370.81
  • Attribution Contact: jcwallacehomes@gmail.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Drop Zone, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2294
  • 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: 1382
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 3676
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 3676
  • Bedroom Main: 1

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Deed), Dock, Lake
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Carport

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Cooling: Zoned
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalks, Street Lights, Walking Trails
  • Senior Community: No
  • Association: Yes

Schools

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

Lot Info

  • Lot Features: Waterfront, Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 4648470066
  • Development Status: Under Construction
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16552
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RMXC

Building Info

  • Builder Name: Nest Homes

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jun 16, 2021
Sold by
Lakewalk Waterfront Llc
Bought by
Nest Homes Llc
Seller's Agent
Jonathan Coarsey
Pilot Realty & Development
Buyer's Agent
JJ Morse
Mooresville Realty LLC
List Price
$1,291,400
Sold Price
$1,363,087
Premium/Discount to List
$71,687
5.55%
Current Estimated Value
$1,811,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,184
Avg. Annual Appreciation
6.95%
Original Mortgage
$12,500,000
Outstanding Balance
$11,317,192
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
-$9,505,921
Source: Public Records

Range of Values:

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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
Nest Homes Llc $525,000 None Available
Nest Homes Llc $1,050 Farlow Todd J
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nest Homes Llc $12,500,000
Closed Nest Homes Llc $12,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $1,363,087 +3.6% $371 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/20/2021 02/20/21 Price Changed $1,315,723 -0.1% $358 / Sq Ft
02/15/2021 02/15/21 Price Changed $1,316,400 +1.9% $358 / Sq Ft
10/28/2020 10/28/20 For Sale $1,291,400 -- $351 / 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 $14,113 $1,407,950 $600,000 $807,950
2023 $14,053 $1,407,950 $600,000 $807,950
2022 $5,037 $440,000 $440,000 $0
2021 $4,917 $440,000 $440,000 $0
2020 $4,917 $440,000 $440,000 $0
2019 $4,873 $440,000 $440,000 $0
2018 $3,655 $330,000 $330,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3677420

Canopy MLS (Canopy Realtor® Association)

APN: 4648-47-0066.000