NOT LISTED FOR SALE

Estimated Value: $428,000 - $550,000

4 Beds
2.5 Baths
2,231 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $260,000 $117 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,915/month

Highlights

  • Traditional Architecture
  • Engineered Wood Flooring
  • Walk-In Closet
  • Lake Norman Elementary School Rated A-
  • Attached Garage
  • 3-minute walk to Lochmere Park

About This Home

As of March 2020

HOT PROPERTY COMING SATURDAY 3/7! Much Desired Lochmere Neighborhood! Fantastic Location! Great Schools! Beautiful Interior Updates You Don't Often See! Custom Details Added Throughout. Freshly Painted! Updated Cabinetry in Kitchen w/Large Island, Granite and Tile Backsplash. Beautiful Wainscoting. Upgraded Powder Room will Surely Impress! Master Bath Updates Include Large Tile Shower, Furniture Style Cabinetry and Master Closet w/ Custom Built-Ins. Oversized Deck with Pergola & Retractable Awning Perfect for Entertaining. Flooring Includes Prefinished Wood, Tile and Carpet. Home has been Pre-Inspected. Lochmere is Located Next to Lake Norman Elementary and Neighborhood Includes a Sidewalk Adjoining to School. The Market is Hot so Come Ready to Make Your Offer this Weekend!

Last Agent to Sell the Property

Wendy Smith

EXP Realty LLC Mooresville License #195015 Listed on: 03/07/2020

EXP Realty LLC Mooresville

Last Buyer's Agent

Steve Casselman

EXP Realty LLC Ballantyne License #272611

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 9,148

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 4637-60-0972.000

Community Details

Overview

  • Herman Management Association, Phone Number (800) 732-9695
  • Built by MDC

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.96654
  • Ratio Close Price By Original Li: 0.96654
  • Ratio Current Price By Acre: 1238095.24
  • Ratio Current Price By Sq Ft: 116.54
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1245
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: (800) 732-9695
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 986
  • Total Sq Ft: 2231

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Street Lights
  • Association Fee: 425.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Herman Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Norman
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 70x131.34x70x131.41
  • Lot Size Area: 0.210
  • Parcel Number: 4637-60-0972.000
  • Plat Book Slide: 37/95
  • Plat Reference Section Pages: 37-95
  • Zoning Specification: R3

Building Info

  • Builder Name: MDC

Tax Info

  • Tax Value: 225520.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Os National Llc
Bought by
Fkh Sfr Propco A Lp
Current Estimated Value
$472,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,242,000
Outstanding Balance
$14,774,094
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$14,302,059

Purchase Details

Listed on
Mar 7, 2020
Closed on
Mar 25, 2020
Sold by
Basham Michael and Basham Misty
Bought by
Cerberos Sfr Holdings V L P
Seller's Agent
Wendy Smith
EXP Realty LLC Mooresville
Buyer's Agent
Steve Casselman
EXP Realty LLC Ballantyne
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Basham Misty
Bought by
Basham Misty and Basham Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 2005
Sold by
Ring Robert E and Ring Summer R
Bought by
Basham Misty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 8, 2001
Sold by
Mdc Homes Charlotte Llc
Bought by
Ring Robert E and Ring Summer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,350
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Fkh Sfr Propco A Lp -- None Available
Cerberos Sfr Holdings V L P $260,000 None Available
Basham Misty -- None Available
Basham Misty $180,000 --
Ring Robert E $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fkh Sfr Propco A Lp $826,242,000
Previous Owner Basham Michael $160,500
Previous Owner Basham Misty $140,000
Previous Owner Ring Robert E $157,350
Closed Basham Misty $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2020 03/26/20 Sold $260,000 -3.3% $117 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $269,000 -- $121 / 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 $3,690 $354,370 $65,000 $289,370
2023 $3,690 $354,370 $65,000 $289,370
2022 $2,700 $225,520 $40,000 $185,520
2021 $2,696 $225,520 $40,000 $185,520
2020 $2,696 $225,520 $40,000 $185,520
2019 $2,674 $225,520 $40,000 $185,520
2018 $2,387 $200,030 $45,000 $155,030
2017 $2,327 $200,030 $45,000 $155,030
2016 $2,327 $200,030 $45,000 $155,030
2015 $2,327 $200,030 $45,000 $155,030
2014 $2,271 $202,680 $45,000 $157,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3598373

Canopy MLS (Canopy Realtor® Association)

APN: 4637-60-0972.000