NOT LISTED FOR SALE

114 Overlook Cove Loop Mooresville, NC 28117

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

4 Beds
3.5 Baths
4,648 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $975,000 $210 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,763/month

214 Days on Market

Highlights

  • Boat Lift
  • Boat Slip
  • Clubhouse
  • Lake Norman Elementary School Rated A-
  • Waterfront
  • Vaulted Ceiling

About This Home

As of April 2021

This beautiful waterfront home features a master bedroom on the main level w/lake views & access to the stamped concrete terrace. Enjoy cooking dinner in the spacious kitchen while watching the sunset over the lake! The 2 story great room, masonry stone fireplace flanked w/cherry bookcases. Work in the bright flex room as a office, sewing or craft room. The upstairs has a bedroom/office, a loft, plus a bedroom/bonus room w/large closets &storage area. The large basement features a rec room w/a masonry fireplace, wet bar, an oversize bedroom w/large closet & a full bathroom and a playroom or future media room. It includes a lake-supplied irrigation system. Ready for a day on the lake? The covered boat slip with trex decking, seating area and 8000 lb boat lift. After a day on the lake rinse off at the outside shower and enjoy the covered patio for an afternoon cocktail. Seller has an APHW home warranty. Don't miss this opportunity to make this your dream home!

Last Agent to Sell the Property

Connie Hughes

Ameridream Realty Inc Brokerage Email: conniehughesnc@gmail.com License #158894 Listed on: 07/01/2020

Last Buyer's Agent

Connie Hughes

Ameridream Realty Inc Brokerage Email: conniehughesnc@gmail.com License #158894 Listed on: 07/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,258

Year Built

  • Built in 2014

Lot Details

  • 0.43 Acre Lot
  • Waterfront
  • Sloped Lot
  • Irrigation
  • Property is zoned CUCMX

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • 4 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room with Fireplace
  • Recreation Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic
  • Laundry Room
  • Finished Basement

Kitchen

  • Double Self-Cleaning Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Balcony
  • Patio

Schools

  • Lake Norman Elementary School
  • Lakeshore Middle School
  • Lake Norman High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4637-73-9512.000

Community Details

Overview

  • Reserve At Morrison Plantation Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,258

Year Built

Built in 2014

Lot Details

0

HOA Fees

$129 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2014
  • Restrictions: Architectural Review,Square Feet,Subdivision
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.77
  • Attribution Contact: conniehughesnc@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Garden Tub, Kitchen Island, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1880
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 361
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 361
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1239
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Water Heater, Exhaust Hood, Gas Cooktop, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Other Equipment: Surround Sound
  • Above Grade Finished Sq Ft: 3119
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1529
  • Fireplace Features: Great Room, Recreation Room, Wood Burning
  • Living Area: 4648
  • Bedroom Main: 1
  • Room Count: 18
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Boat Slip (Deed)
  • Exclusions: Bar in lower level does not convey
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 894
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Garage, Garage Door Opener, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Outdoor Pool, Playground, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 386
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Sloped, Waterfront
  • Lot Size Area: 0.427
  • Lot Size Units: Acres
  • Parcel Number: 4637-73-9512.000
  • Plat Book Slide: 39/29
  • Plat Reference Section Pages: 39/29
  • Lot Size Acres: 0.427
  • Lot Size: 35rd x 47 x 211 x 80 x 168 x 126
  • Lot Size Sq Ft: 18600
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CUCMX

MLS Schools

  • Elementary School: Lake Norman
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Apr 6, 2021
Sold by
Scharbarth Robert S and Scharbarth Sandy L
Bought by
Wetzel Lee A and Wetzel Alexis
Seller's Agent
Connie Hughes
Ameridream Realty Inc
Buyer's Agent
Connie Hughes
Ameridream Realty Inc
List Price
$1,200,000
Sold Price
$975,000
Premium/Discount to List
-$225,000
-18.75%
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.
Estimated Appreciation
$317,622
Avg. Annual Appreciation
6.38%
Original Mortgage
$780,000
Outstanding Balance
$701,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$590,661

Purchase Details

Closed on
Aug 24, 2013
Sold by
Bank Of America Na
Bought by
Scharbarth Robert S and Scharbarth Sandy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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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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
04/06/2021 04/06/21 Sold $975,000 -11.0% $210 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
09/29/2020 09/29/20 Price Changed $1,095,000 -4.8% $236 / Sq Ft
08/21/2020 08/21/20 Price Changed $1,150,000 -2.1% $247 / Sq Ft
07/22/2020 07/22/20 Price Changed $1,175,000 -2.1% $253 / Sq Ft
07/01/2020 07/01/20 For Sale $1,200,000 -- $258 / 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 $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: 3636266

Canopy MLS (Canopy Realtor® Association)

APN: 4637-73-9512.000