NOT LISTED FOR SALE

1142 Island Creek Dr Unit 118 Troy, NC 27371

Estimated Value: $582,000 - $799,000

3 Beds
4 Baths
2,588 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $352,000 $136 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,899/month

121 Days on Market

Highlights

  • Gated Community
  • Community Lake
  • Tennis Courts
  • Waterfront
  • Clubhouse
  • Cottage

About This Home

As of August 2018

CAROLINA FOREST-This charming craftsman waterfront home is ideal for family & entertaining. Open floor plan with great room, fireplplace, kit. with granite countertops & stainless steel appliances. Master suite on main level & 1/2 bath for guests. Main level opens to a large deck w/grilling area outside the kit. Full basement includes a den with wet bar & beverage center, tiled dining area, game room & 1/2 bath. The home is on a quiet cove with a beautiful covered boathouse.

Last Agent to Sell the Property

Kat Mcrae

New South Realty, Inc License #C6975 Listed on: 03/28/2018

Last Buyer's Agent

Carson Baucom

NuVue Realty, LLC License #238180

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 0.51

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • Fireplace

Additional Features

  • Shed
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 6589-20-81-1530

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 970-4155
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.97238
  • Ratio Close Price By Original Li: 0.88221
  • Ratio Current Price By Acre: 690196.08
  • Ratio Current Price By Sq Ft: 136.01
  • Special Assessment Description: Duke Energy waterfront lease
  • Special Assessment Yn: Yes
  • Year Built: 2011
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 452
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Double Oven, Electric Dryer Hookup, Ice Maker Connection
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet
  • H O A Management Phone: 704-970-4155
  • Laundry Location: Main, Closet
  • Room Count: 3
  • Sq Ft Basement: 1068
  • Main Level Sq Ft: 1068
  • Total Sq Ft: 2588

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Lake, Playground, Tennis Court(s), Walking Trails
  • Association Fee: 665.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Approx. 145' waterfront
  • Lot Features: Waterfront
  • Lot Size Area: 0.510
  • Parcel Number: 6589-20-81-1530
  • Plat Book Slide: A / 584
  • Zoning Specification: Res

Tax Info

  • Tax Value: 367456.00
  • Tax Location: Troy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2023
Sold by
Lee Owens Randy and Cochrane Linda
Bought by
Phillips James Calvin and Wright Phillips Tracie
Current Estimated Value
$663,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,500
Outstanding Balance
$552,245
Interest Rate
6.52%
Mortgage Type
Credit Line Revolving
Estimated Equity
$86,798

Purchase Details

Closed on
Apr 6, 2020
Sold by
Alexander Rick and Alexander Kimberly
Bought by
Owens Randy L and Owens Linda Cochrane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2018
Closed on
Aug 27, 2018
Sold by
Nowakowski David A and Nowakowski Melissa S
Bought by
Alexander Rick and Alexander Kimberly
Seller's Agent
Kat Mcrae
New South Realty, Inc
Buyer's Agent
Carson Baucom
NuVue Realty, LLC
List Price
$399,000
Sold Price
$352,000
Premium/Discount to List
-$47,000
-11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$316,800
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2016
Sold by
Nowakowski Melissa S and Nowakowski David A
Bought by
Nowakowski David A and Nowakowski Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2006
Sold by
Hartis William M and Hartis Shirley F
Bought by
Shurig Melissa K and Nowakowski David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,575
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Phillips James Calvin $690,000 None Listed On Document
Owens Randy L $376,000 None Available
Alexander Rick $352,000 None Available
Nowakowski David A -- None Available
Shurig Melissa K $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James Calvin $586,500
Previous Owner Owens Randy L $300,000
Previous Owner Owens Randy Lee $217,000
Previous Owner Owens Randy L $230,000
Previous Owner Alexander Rick $316,800
Previous Owner Nowakowski David A $120,000
Previous Owner Shurig Melissa K $93,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $352,000 -2.8% $136 / Sq Ft
07/27/2018 07/27/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $362,000 -1.9% $140 / Sq Ft
06/19/2018 06/19/18 Price Changed $369,000 -0.9% $143 / Sq Ft
05/29/2018 05/29/18 Price Changed $372,500 -6.6% $144 / Sq Ft
03/28/2018 03/28/18 For Sale $399,000 -- $154 / 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 $2,138 $347,638 $102,694 $244,944
2023 $2,138 $347,638 $102,694 $244,944
2022 $2,393 $347,638 $102,694 $244,944
2021 $2,427 $347,638 $102,694 $244,944
2020 $2,138 $347,638 $102,694 $244,944
2018 $2,278 $367,456 $102,694 $264,762
2017 $2,278 $367,456 $102,694 $264,762
2016 $1,971 $317,871 $102,694 $215,177
2015 $1,101 $269,883 $0 $0
2014 $1,101 $193,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3374589

Canopy MLS (Canopy Realtor® Association)

APN: 6589-20-81-1530