NOT LISTED FOR SALE

Estimated Value: $436,000 - $506,000

5 Beds
3 Baths
2,433 Sq Ft
$188/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $365,000 $150 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,826/month

64 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Wood Flooring
  • Lake Norman Elementary School Rated A-
  • Living Room with Fireplace
  • Community Pool

About This Home

As of May 2023

This 5BD/4BA home is situated on a private lot in the highly sought after Morrison Plantation community! The home is set up for entertaining and has a ton of potential for the new owners. This property has a strong rental history and is priced to sell! Downstairs HVAC system installed in 2021. Community Pool & Playground, Excellent Location Close to Shopping & Restaurants w/Low Iredell County Taxes & Award Winning Schools.

Last Agent to Sell the Property

Justin McClure

Mossy Oak Properties Land and Luxury License #247997 Listed on: 01/17/2023

Last Buyer's Agent

Khou Hale

The Lake Team LLC License #309063

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 2003

Lot Details

  • 7,274 Sq Ft Lot
  • Property is zoned CM

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4647-04-0211.000

Community Details

Overview

  • Cedar Management Association
  • Morrison Plantation Subdivision
  • Property has a Home Owners Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2003
  • Restrictions: Other - See Remarks
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 150.02
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Stairs Pulldown, Entrance Foyer, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1086
  • 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: 61
  • Sq Ft Unheated Upper: 61
  • Sq Ft Upper: 1347
  • Appliances: Dishwasher, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2433
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Living Area: 2433
  • Bedroom Main: 1
  • Room Count: 10
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 417
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Tennis Court(s), Walking Trails
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Area: 0.167
  • Lot Size Units: Acres
  • Parcel Number: 4647-04-0211.000
  • Lot Size Acres: 0.167
  • Lot Size Sq Ft: 7274
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CM

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
May 3, 2023
Sold by
Davis Samuel and Davis Sharon
Bought by
Hale Drew and Hale Khou
Seller's Agent
Justin McClure
Mossy Oak Properties Land and Luxury
Buyer's Agent
Khou Hale
The Lake Team LLC
List Price
$421,500
Sold Price
$365,000
Premium/Discount to List
-$56,500
-13.4%
Views
232
Current Estimated Value
$457,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,295
Avg. Annual Appreciation
9.62%
Original Mortgage
$328,500
Outstanding Balance
$319,208
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$132,499

Purchase Details

Closed on
Nov 14, 2014
Sold by
American International Relocation Soluti
Bought by
Davis Samuel and Davis Sharon

Purchase Details

Closed on
Sep 3, 2014
Sold by
Gibson Laquella and Gibson Timothy
Bought by
American International Relocation Soluti

Purchase Details

Closed on
Jan 16, 2004
Sold by
Mdc Homes Charlotte Llc
Bought by
Gibson Laquella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,650
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Morrison Residential Llc
Bought by
Mdc Homes Charlotte Llc
Source: Public Records

Range of Values:

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Average Value
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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
Hale Drew $365,000 Bridge Trust Title
Davis Samuel $211,000 None Available
American International Relocation Soluti $211,000 None Available
Gibson Laquella $181,000 Investors
Mdc Homes Charlotte Llc $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Drew $328,500
Previous Owner Gibson Timothy $210,300
Previous Owner Gibson Laquella $144,650
Previous Owner Gibson Laquella $36,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $365,000 -13.4% $150 / Sq Ft
01/17/2023 01/17/23 For Sale $421,500 0.0% $173 / Sq Ft
02/24/2016 02/24/16 Rented $1,695 0.0% --
02/17/2016 02/17/16 Under Contract -- -- --
01/12/2016 01/12/16 For Rent $1,695 +2.7% --
02/05/2015 02/05/15 Rented $1,650 -5.7% --
02/02/2015 02/02/15 Under Contract -- -- --
01/06/2015 01/06/15 For Rent $1,750 -- --
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 $4,010 $386,940 $80,000 $306,940
2023 $4,010 $386,940 $80,000 $306,940
2022 $2,824 $236,920 $45,000 $191,920
2021 $2,824 $236,920 $45,000 $191,920
2020 $2,824 $236,920 $45,000 $191,920
2019 $2,800 $236,920 $45,000 $191,920
2018 $2,513 $211,420 $55,000 $156,420
2017 $2,453 $211,420 $55,000 $156,420
2016 $2,453 $211,420 $55,000 $156,420
2015 -- $211,420 $55,000 $156,420
2014 $2,457 $220,200 $55,000 $165,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3935670

Canopy MLS (Canopy Realtor® Association)

APN: 4647-04-0211.000