NOT LISTED FOR SALE

114 Overlook Cove Loop Unit 402 Mooresville, NC 28117

Estimated Value: $886,000 - $1,525,488

0.4 Acre
$3,231,555 Price per Acre
17,424 Sq Ft Lot

Last Sold September 13, 2013

Last sale price $118,000

Est. 995% increase in value since last sale

Current estimated payment $7,634/month

116 Days on Market

Highlights

  • Gated Community
  • Lake Norman Elementary School Rated A-
  • Waterfront

About This Lot

As of September 2013

Nice almost level lot to water in The Reserve.Agent cannot confirm SQ to build or HOA.See CCRs note below.

Last Agent to Sell the Property

Wayne Miller

Howard Hanna Allen Tate Statesville License #164697 Listed on: 04/01/2013

Last Buyer's Agent

Connie Hughes

Ameridream Realty Inc License #158894

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

Community Details

  • The Reserve Association
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 4637-73-9512.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95161
  • Ratio Close Price By Original Li: 0.71951
  • Ratio Current Price By Acre: 295000.00
  • Restrictions: Architectural Review
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Gated Community
  • HOA Management Company: The Reserve
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 35/80
  • Lot Features: Waterfront, Water view
  • Lot Size Area: 0.400
  • Lot Size Units: Acres
  • Parcel Number: 4637-73-9512.000
  • Zoning: Residential
  • Zoning Specification: Cmx

Tax Info

  • Tax Value: 262500.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Scharbarth Robert S and Scharbarth Sandy L
Bought by
Wetzel Lee A and Wetzel Alexis
Current Estimated Value
$1,292,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$701,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$590,661

Purchase Details

Listed on
Apr 1, 2013
Closed on
Aug 24, 2013
Sold by
Bank Of America Na
Bought by
Scharbarth Robert S and Scharbarth Sandy L
Seller's Agent
Wayne Miller
Howard Hanna Allen Tate Statesville
Buyer's Agent
Connie Hughes
Ameridream Realty Inc
List Price
$164,000
Sold Price
$118,000
Premium/Discount to List
-$46,000
-28.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.82%
Original Mortgage
$76,887
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2013
Sold by
Cohen C Jean
Bought by
Bank Of America N A

Purchase Details

Closed on
May 23, 2005
Sold by
Morrison Residential Llc
Bought by
Cohen C Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,500
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
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
Wetzel Lee A $975,000 Capital Title
Wetzel Lee A -- None Listed On Document
Scharbarth Robert S $118,000 None Available
Bank Of America N A $226,541 None Available
Cohen C Jean $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetzel Lee A $780,000
Closed Wetzel Lee A $780,000
Previous Owner Scharbarth Robert S $76,887
Previous Owner Cohen C Jean $215,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $118,000 -28.0% --
07/26/2013 07/26/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $164,000 -- --
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 $10,258 $1,016,070 $300,000 $716,070
2023 $10,198 $1,016,070 $300,000 $716,070
2022 $8,922 $782,300 $262,500 $519,800
2021 $8,901 $780,770 $262,500 $518,270
2020 $8,901 $780,770 $262,500 $518,270
2019 $8,823 $780,770 $262,500 $518,270
2018 $7,210 $635,530 $187,500 $448,030
2017 $7,150 $635,530 $187,500 $448,030
2016 $7,150 $635,530 $187,500 $448,030
2015 $4,736 $417,480 $187,500 $229,980
2014 $36 $262,500 $262,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2142962

Canopy MLS (Canopy Realtor® Association)

APN: 4637-73-9512.000