NOT LISTED FOR SALE

Estimated Value: $889,000 - $985,000

0.71 Acre
$1,327,365 Price per Acre
30,928 Sq Ft Lot

Last Sold August 19, 2024

Last sale price $950,000

Est. 1% decrease in value since last sale

Current estimated payment $5,326/month

35 Days on Market

Highlights

  • Water Views
  • Covered Dock
  • Wooded Lot
  • Woodland Heights Elementary School Rated A-
  • Pier
  • Separate Outdoor Workshop

About This Lot

As of August 2024

Built on a generous .713-acre lot with approximately 138 feet of shoreline, the property boasts a private double-decker dock constructed in 2018/2019. This stunning waterfront lot on the coveted Brawley School Peninsula, just before The Point, offers long, serene views and is nestled on a private road surrounded by estate homes. The current residence features three bedrooms and two bathrooms, with recent updates including porcelain tile that resembles wood, newer tankless hot water heater and heat pump was replaced. Located on a private paved street with NO HOA, this property is surrounded by multimillion-dollar properties, providing a luxurious and tranquil living environment. Per Soil Scientist a four bedroom septic seems feasible.

Last Agent to Sell the Property

Susan Jakubowski

Ivester Jackson Distinctive Properties Brokerage Email: susanj@premiersir.com License #285341 Listed on: 06/21/2024

Last Buyer's Agent

Lyn Briggs

Ivester Jackson Distinctive Properties License #260165

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,888

Year Built

  • 1999

Lot Details

  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned RR

Property Views

  • Water Views

Outdoor Features

  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Covered Dock
  • Separate Outdoor Workshop
  • Shed

Schools

  • Woodland Heights Elementary And Middle School
  • Lake Norman High School

Utilities

  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4626-01-8127.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,888

Year Built

1999

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: Yes
  • Restrictions: N/A
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: susanj@premiersir.com
  • Special Features: VirtualTour
  • Year Built (Public Record): 1999

Interior Features

  • Possible Use: Residential

Exterior Features

  • Exterior Features: Dock
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Covered structure, Dock, Pier, Retaining Wall
  • Other Structures: Shed(s), Workshop
  • Foundation Details Proposed: Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Utilities: Electricity Connected
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded, Views, Waterfront
  • Lot Size Area: 0.71
  • Lot Size Units: Acres
  • Parcel Number: 4626-01-8127.000
  • Zoning: RR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RR

MLS Schools

  • Elementary School: Woodland Heights
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 18, 2024
Sold by
Murphy Robert E and Murphy Jessica L
Bought by
Flores Brosnan Family Trust and Flores
Seller's Agent
Susan Jakubowski
Ivester Jackson Distinctive Properties
Buyer's Agent
Lyn Briggs
Ivester Jackson Distinctive Properties
List Price
$1,200,000
Sold Price
$950,000
Premium/Discount to List
-$250,000
-20.83%
Total Days on Market
35
Views
4
Current Estimated Value
$942,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,571
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Nov 17, 2017
Sold by
Banzhof William Stanley and Knight Samuel Ernest
Bought by
Murphy Robert E and Murphy Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1979
Source: Public Records

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Range of Values:

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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
Flores Brosnan Family Trust $950,000 Meridian Title
Murphy Robert E $370,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Robert E $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $950,000 -13.6% --
07/27/2024 07/27/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $1,100,000 -8.3% --
06/21/2024 06/21/24 For Sale $1,200,000 -- --
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 $3,888 $610,620 $375,000 $235,620
2023 $3,663 $610,620 $375,000 $235,620
2022 $2,689 $418,920 $280,000 $138,920
2021 $2,685 $418,920 $280,000 $138,920
2020 $2,685 $418,920 $280,000 $138,920
2019 $2,643 $418,920 $280,000 $138,920
2018 $2,807 $461,110 $340,000 $121,110
2017 $2,859 $469,860 $340,000 $129,860
2016 $2,859 $469,860 $340,000 $129,860
2015 $2,859 $469,860 $340,000 $129,860
2014 -- $478,980 $340,000 $138,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4152530

Canopy MLS (Canopy Realtor® Association)

APN: 4626-01-8127.000