NOT LISTED FOR SALE

116 Chestnut Bay Ln Unit 14 Mooresville, NC 28117

Estimated Value: $1,066,000 - $1,434,000

0.72 Acre
$1,747,682 Price per Acre
31,363 Sq Ft Lot

Last Sold June 25, 2018

Last sale price $90,000

Est. 1,298% increase in value since last sale

Current estimated payment $7,186/month

24 Days on Market

Highlights

  • Access To Lake
  • Woodland Heights Elementary School Rated A-
  • Level Lot

About This Lot

As of June 2018

NO time limit to build. Bring your own builder /OR/ Current owner has an engineered home design and septic layout for this property which as previously perked for 4 Bedroom Home. Get the lot and neighborhood you've been looking for! Act now to become part of this wonderful community!! This is a .72 Acre Homesite in an established, enclave of newer homes. Convenient to commuting, shopping, restaurants and schools. Located on a Cul-De-Sac Street. Ideal location to build your home on Brawley peninsula!!

Last Agent to Sell the Property

Scott Tyler

Lead Dog Realty Inc License #211534 Listed on: 04/10/2018

Last Buyer's Agent

Stacie Salgado

Lake Norman Realty, Inc. License #214387

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $42 Monthly HOA Fees

Additional Features

  • Level Lot
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4636-08-7792.000

Community Details

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90452
  • Ratio Close Price By Original Li: 0.90452
  • Ratio Current Price By Acre: 125000.00
  • Restrictions: Architectural Review
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodland Heights
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 114x291x101x333
  • Lot Features: Cul-de-sac Lot, Level
  • Lot Size Area: 0.720
  • Parcel Number: 4636-08-7792.000
  • Zoning Specification: R20
  • Plat Reference Section Pages: 2385

Tax Info

  • Tax Value: 81000.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 10, 2018
Sold by
Olmsted Jones Steven R and Olmsted Jones Barbara
Bought by
Hall Brian C and Hall Kristi K
Seller's Agent
Scott Tyler
Lead Dog Realty Inc
Buyer's Agent
Stacie Salgado
Lake Norman Realty, Inc.
List Price
$99,500
Sold Price
$90,000
Premium/Discount to List
-$9,500
-9.55%
Current Estimated Value
$1,258,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,168,331
Avg. Annual Appreciation
43.31%

Purchase Details

Closed on
May 9, 2016
Sold by
Jbr Custom Homes Inc
Bought by
Olmsted Jones Steven R and Olmsted Jones Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,625
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 16, 2013
Closed on
Aug 6, 2013
Sold by
Denzler Richard A and Denzler Jennifer M
Bought by
Jbr Custom Homes Inc
Seller's Agent
Susan Dolan
Ivester Jackson Christie's
Buyer's Agent
Colleen Hunt
Southern Homes of the Carolinas, Inc
List Price
$43,000
Sold Price
$37,500
Premium/Discount to List
-$5,500
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.47%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Branch Banking & Trust Company
Bought by
Denzler Richard A and Denzler Jennifer M

Purchase Details

Closed on
Dec 7, 2009
Sold by
Zande Homes Inc
Bought by
Branch Banking & Trust Company
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
Hall Brian C $90,000 None Available
Olmsted Jones Steven R $52,000 None Available
Jbr Custom Homes Inc $37,500 None Available
Denzler Richard A $25,500 None Available
Branch Banking & Trust Company $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olmsted Jones Steven R $38,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2018 06/25/18 Sold $90,000 -9.5% --
05/04/2018 05/04/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $99,500 +165.3% --
08/26/2013 08/26/13 Sold $37,500 -12.8% -- View Prior Sale
07/19/2013 07/19/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $43,000 -- --
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 $5,919 $993,030 $120,000 $873,030
2023 $5,919 $993,030 $120,000 $873,030
2022 $4,678 $735,900 $90,000 $645,900
2021 $565 $90,000 $90,000 $0
2020 $565 $90,000 $90,000 $0
2019 $556 $90,000 $90,000 $0
2018 $484 $81,000 $81,000 $0
2017 $484 $81,000 $81,000 $0
2016 $484 $81,000 $81,000 $0
2015 $484 $81,000 $81,000 $0
2014 $450 $81,000 $81,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3378337

Canopy MLS (Canopy Realtor® Association)

APN: 4636-08-7792.000