NOT LISTED FOR SALE

116 E Decatur Ave Mooresville, NC 28117

Estimated Value: $373,000 - $419,000

3 Beds
2.5 Baths
1,661 Sq Ft
$237/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $347,000 $209 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,487/month

48 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Community Pool
  • Lakeshore Elementary School Rated A-
  • Transitional Architecture
  • Detached Garage

About This Home

As of December 2022

Charming, move-in ready home in the desirable Water Oak community in Mooresville. This original owner, Saussy Burbank home features an open layout with natural light and neutral paint. Kitchen offers plentiful storage, a new dishwasher, pantry, counter with seating and adjacent breakfast area. Family room with gas fireplace and dining room that could be used as an office or playroom. Primary bedroom with ensuite, which includes a shower, garden tub and walk-in closet. There are two secondary bedrooms and a full bathroom. Lovely, fenced backyard with deck, storage closet and two-car detached garage. Refrigerator, washer and dryer convey. Community and kiddie pool, playground and lake access area for launching a paddleboard/kayak. Sidewalks connect to The Village at Byers Creek. Convenient to highly rated schools, I-77, shopping, dining and all that Lake Norman has to offer.

Last Agent to Sell the Property

Pete Dorninger

Redfin Corporation License #284642 Listed on: 10/25/2022

Redfin Corporation

Last Buyer's Agent

Kevin Shea

Realty ONE Group Select License #296187

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,429

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 40x100x40x100
  • Fenced
  • Zoning described as CMX

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Shingle Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Central Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4637-89-7178.000

Community Details

Overview

  • Kuester Management Group Association, Phone Number (704) 894-9052
  • Water Oak Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,429

Year Built

Built in 2004

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2004
  • Ratio Current Price By Acre: 3855555.56
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 208.91
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 825
  • 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: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 836
  • Porch: Back,Deck
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Electric Range, Exhaust Hood, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Vented
  • Living Area: 1661
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Storage, Wired Internet Available
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Shingle Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 405
  • Parking Features: Back Load Garage, Detached, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 648.27
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Kuester Management Group
  • Phone: (704) 894-9052
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Lakeshore
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 648.27

Lot Info

  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Parcel Number: 4637-89-7178.000
  • Lot Size: 40x100x40x100
  • Zoning Description: CMX
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.82649

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 12, 2022
Sold by
Noell Paula A
Bought by
Rothermel Michael
Seller's Agent
Pete Dorninger
Redfin Corporation
Buyer's Agent
Kevin Shea
Realty ONE Group Select
List Price
$365,000
Sold Price
$347,000
Premium/Discount to List
-$18,000
-4.93%
Views
10
Current Estimated Value
$393,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,931
Avg. Annual Appreciation
3.46%
Original Mortgage
$336,590
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Arvida Mid Atlantic Homes Inc
Bought by
Noell Paula A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Rothermel Michael $347,000 --
Noell Paula A $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rothermel Michael $342,400
Closed Rothermel Michael $336,590
Previous Owner Noell Paula A $66,200
Previous Owner Noell Paula A $102,000
Previous Owner Noell Paula A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2022 12/12/22 Sold $347,000 -0.8% $209 / Sq Ft
11/10/2022 11/10/22 Price Changed $349,900 -4.1% $211 / Sq Ft
10/25/2022 10/25/22 For Sale $365,000 -- $220 / 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 $3,429 $327,840 $60,000 $267,840
2023 $3,429 $327,840 $60,000 $267,840
2022 $2,321 $191,570 $38,000 $153,570
2021 $2,317 $191,570 $38,000 $153,570
2020 $2,317 $191,570 $38,000 $153,570
2019 $2,298 $191,570 $38,000 $153,570
2018 $2,064 $170,870 $45,000 $125,870
2017 $2,004 $170,870 $45,000 $125,870
2016 $2,004 $170,870 $45,000 $125,870
2015 $2,004 $170,870 $45,000 $125,870
2014 $1,994 $176,720 $45,000 $131,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3914261

Canopy MLS (Canopy Realtor® Association)

APN: 4637-89-7178.000