NOT LISTED FOR SALE

112 Moratock Point New London, NC 28127

Estimated Value: $1,835,496

5 Beds
4.5 Baths
4,803 Sq Ft
$382/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $1,675,000 $349 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,448/month

78 Days on Market

Highlights

  • 260 Feet of Waterfront
  • Deck
  • Transitional Architecture
  • Pier
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of January 2024

Welcome to your fabulous lakefront retreat w/ its own private pier within the highly sought-after Old North State Club gated community! This beautiful home is move-in ready, thanks to many renovations since 2021. The entire home – inside & out – was repainted, all new smart thermostats were installed along w/ new light fixtures throughout, exterior landscape lighting was installed & more. The kitchen was also updated w/ refinished kitchen cabinets & island, plus a new wine cooler. Hosting is a breeze w/ the open floorplan & several attractive outdoor spaces for entertaining. Enjoy the newly built path down to your private boat house, which has also recently been updated w/ a new lift & jet ski port. Plenty of storage in the two-car garage plus a golf cart bay. Join the Old North State Club for its newly renovated championship Tom Fazio golf course, fine & casual dining, tennis courts, pools, fitness center & private marina. Don’t miss this home’s serene views of beautiful Badin Lake

Last Agent to Sell the Property

Rob Brady

Uwharrie Point Realty License #298270 Listed on: 09/15/2023

Last Buyer's Agent

Rob Brady

Uwharrie Point Realty License #298270 Listed on: 09/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,147

Year Built

  • Built in 1997

Lot Details

  • 1 Acre Lot
  • 260 Feet of Waterfront
  • Lake Front

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Utility Room
  • Laundry Room
  • Water Views
  • Home Security System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Basement

  • Fireplace in Basement
  • Crawl Space

Outdoor Features

  • Pier
  • Leased Waterfront
  • Deck
  • Patio

Schools

  • Montgomery County Schools Elementary And Middle School
  • Montgomery County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Association fees include road maintenance, storm water maintenance
  • Uwharrie Point Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,147

Year Built

Built in 1997

Lot Details

0

HOA Fees

$229 per month

Parking

2

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Uwharrie Point
  • Above Grade Finished Sq Ft: 3608.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Irregular
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: B
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Security Features Security System: Yes
  • General Property Information Water Frontage Length2: 260.0
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 3608.0
  • General Property Information Below Grade Finished Area: 1195.0
  • General Property Information Carport YN: No
  • Lot Water Features Pier: Yes
  • Waterfront Access Leased Frontage: Yes
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1195.0
  • Fireplace Features: Basement, Gas Log, Great Room, Propane
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Propane: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Water Body Name: Badin Lake
  • Acres: 1.0
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Waterfront Features:Lake3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 687.5
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 687.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Montgomery County Schools
  • Middle Or Junior School: Montgomery County Schools

Lot Info

  • Lot Dimensions: Irregular
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7147.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Montgomery County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jan 31, 2024
Sold by
Maccioli Gerald Anthony and Tracy Ann
Bought by
Long Jonathon Drew and Myers Long Meredith
Seller's Agent
Rob Brady
Uwharrie Point Realty
Buyer's Agent
Rob Brady
Uwharrie Point Realty
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
55
Current Estimated Value
$1,835,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,496
Avg. Annual Appreciation
5.37%

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jan 23, 2024
Sold by
Maccioli Gerald Anthony and Tracy Ann
Bought by
305 Badin View Llc
Seller's Agent
Rob Brady
Uwharrie Point Realty
Buyer's Agent
Rob Brady
Uwharrie Point Realty
List Price
$1,850,000
Sold Price
$1,675,000
Premium/Discount to List
-$175,000
-9.46%
Views
55

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 1, 2021
Sold by
Finch John L and Finch Donna L
Bought by
Maccioli Gerald Anthoniy and Maccioli Tracy Arm
Seller's Agent
Rob Brady
Old North State Realty
Buyer's Agent
Megan Meadows
Pier View Properties
List Price
$1,299,000
Sold Price
$1,125,000
Premium/Discount to List
-$174,000
-13.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
Jun 1, 2001
Bought by
Finch John L
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
Long Jonathon Drew $52,500 None Listed On Document
305 Badin View Llc $1,675,000 None Listed On Document
305 Badin View Llc $1,675,000 None Listed On Document
Maccioli Gerald Anthoniy $1,125,000 None Available
Finch John L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Sold $1,675,000 -4.3% $349 / Sq Ft
12/16/2023 12/16/23 Off Market $1,750,000 -- --
12/02/2023 12/02/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $1,750,000 -2.5% $364 / Sq Ft
10/09/2023 10/09/23 Price Changed $1,795,000 -3.0% $374 / Sq Ft
09/15/2023 09/15/23 For Sale $1,850,000 +64.4% $385 / Sq Ft
03/18/2021 03/18/21 Sold $1,125,000 -13.4% $213 / Sq Ft View Prior Sale
02/15/2021 02/15/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $1,299,000 0.0% $246 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $1,299,000 -- $246 / Sq Ft
Source: Doorify MLS

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
2025 $7,118 $967,685 $363,825 $603,860
2024 $7,118 $970,610 $366,750 $603,860
2023 $7,132 $970,610 $366,750 $603,860
2022 $7,147 $970,610 $366,750 $603,860
2021 $6,796 $970,610 $366,750 $603,860
2020 $6,805 $970,610 $366,750 $603,860
2018 $6,574 $973,900 $309,000 $664,900
2017 $8,187 $973,900 $309,000 $664,900
2016 $8,108 $973,900 $309,000 $664,900
2015 $7,088 $973,900 $0 $0
2014 $7,088 $973,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2532495

Doorify MLS

APN: 6673-18-31-3478