NOT LISTED FOR SALE

116 Morrison Cove Rd Mooresville, NC 28117

Estimated Value: $601,000 - $784,000

5 Beds
2.5 Baths
3,146 Sq Ft
$213/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $516,000 $164 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,024/month

1 Day on Market

Highlights

  • Community Lake
  • Clubhouse
  • Wood Flooring
  • Lake Norman Elementary School Rated A-
  • Traditional Architecture
  • Attic

About This Home

As of November 2021

Beautiful corner lot well over half an acre with a fenced back yard. Popular primary bedroom down floor plan. Many custom details inside the home including a dual sided fireplace, custom built-ins, vaulted ceilings and more. Upstairs flooring new in 2020, HVAC and tankless Rinnai water heater in 2021. Community swimming pool overlooking Lake Norman, boat slips and a community boat launch are in the neighborhood. A second pool and community boat storage are located in the sister community, Wyndham Shores.

Last Agent to Sell the Property

Melissa Sanchez

Coldwell Banker Realty License #300020 Listed on: 10/02/2021

Coldwell Banker Realty

Co-Listed By

Jane Debartolo

Howard Hanna Allen Tate Lake Norman License #289564

Last Buyer's Agent

Haley Fay

Coldwell Banker Realty License #285808

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Wet Bar
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4637-52-9755-000

Community Details

Overview

  • Bumgardner Association, Phone Number (704) 829-7878
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.08176
  • Ratio Close Price By Original Li: 1.08176
  • Ratio Current Price By Acre: 793846.15
  • Ratio Current Price By Sq Ft: 164.02
  • Year Built: 1995
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1353
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Dryer, Electric Range, Microwave, Washer
  • Fireplace Description: Great Room, See Thru
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-829-7878
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Built-Ins, Cable Available, Kitchen Island, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1793
  • Total Sq Ft: 3146

Exterior Features

  • Construction: Brick Partial, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Street Lights
  • Association Fee: 137.50
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Bumgardner
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Norman
  • Middle School: Brawley
  • High School: Lake Norman

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.650
  • Parcel Number: 4637-52-9755-000
  • Zoning Specification: R3

Tax Info

  • Tax Value: 347690.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Oct 29, 2021
Sold by
Bartus Randall J and Bartus Lore Shires
Bought by
Conway Leigh and Conway Marc
Seller's Agent
Melissa Sanchez
Coldwell Banker Realty
Buyer's Agent
Haley Fay
Coldwell Banker Realty
List Price
$477,000
Sold Price
$516,000
Premium/Discount to List
$39,000
8.18%
Current Estimated Value
$668,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,713
Avg. Annual Appreciation
6.80%
Original Mortgage
$412,800
Outstanding Balance
$377,678
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$291,035

Purchase Details

Listed on
Mar 13, 2020
Closed on
May 1, 2020
Sold by
Vita Vincent and Vita Tracy A
Bought by
Bartus Randall J and Bartus Lori Shires
Seller's Agent
Tracy Vita
Keller Williams Lake Norman
Buyer's Agent
Jane Debartolo
Howard Hanna Allen Tate Lake Norman
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$403,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2006
Sold by
Castillo Alissandro R and Castillo Rebecca A
Bought by
Vita Vincent and Vita Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,001
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 1999
Sold by
Mccarty Brian S and Mccarty Sheila M
Bought by
Castillo Alissandro R and Castillo Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
8%

Purchase Details

Closed on
May 1, 1996

Purchase Details

Closed on
Apr 1, 1996

Purchase Details

Closed on
Mar 1, 1996
Source: Public Records

Range of Values:

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Average Value
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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
Conway Leigh $516,000 Investors Title Company
Bartus Randall J $425,000 None Available
Vita Vincent $322,000 None Available
Castillo Alissandro R $227,000 --
-- $207,300 --
-- -- --
-- $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway Leigh $412,800
Previous Owner Bartus Randall J $403,750
Previous Owner Vita Vincent $150,001
Previous Owner Castillo Alissandro R $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2021 11/03/21 Sold $516,000 +8.2% $164 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $477,000 +12.2% $152 / Sq Ft
05/01/2020 05/01/20 Sold $425,000 0.0% $137 / Sq Ft View Prior Sale
03/17/2020 03/17/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $425,000 -- $137 / 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 $5,311 $513,070 $100,000 $413,070
2023 $5,251 $513,070 $100,000 $413,070
2022 $4,065 $347,690 $70,000 $277,690
2021 $4,061 $347,690 $70,000 $277,690
2020 $4,061 $347,690 $70,000 $277,690
2019 $4,027 $347,690 $70,000 $277,690
2018 $3,675 $316,330 $75,000 $241,330
2017 $3,615 $316,330 $75,000 $241,330
2016 $3,615 $316,330 $75,000 $241,330
2015 $3,615 $316,330 $75,000 $241,330
2014 $3,406 $309,290 $75,000 $234,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3789940

Canopy MLS (Canopy Realtor® Association)

APN: 4637-52-9755.000