NOT LISTED FOR SALE

116 Old Springway Ln Troutman, NC 28166

Estimated Value: $512,000 - $752,000

3 Beds
3.5 Baths
3,463 Sq Ft
$184/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $330,000 $95 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,602/month

18 Days on Market

Highlights

  • Wood Burning Stove
  • Wood Flooring
  • Corner Lot
  • Wooded Lot
  • Tudor Architecture
  • Attached Garage

About This Home

As of April 2018

Behold this magnificent Tudor home and its plentiful amount of updated living area. Fantastic location minutes away from downtown Troutman and quick access to I-77. Huge entertaining area in the basement complete with a bar area. Additionally, an exercise room, study, and small sunroom can all be found beneath the new (2018) architectural shingle roof. Includes nearly 2 acres of land on a corner lot in delightful Cedar Wood. Kitchen has been updated with granite counter tops and stainless steel appliances. Much of the interior has recently been painted. Unheated rooms in the basement include a workshop area, utility room and storage room. Woodstove in the basement and gas logs in the living room are great for the winter time. Sunroom and and deck are off of the main level for the summer time. Master suite on the main level has high ceilings. Between Old Springway and Hicks Creek a total of approximately 660 feet of frontage. Must see it in person.

Last Agent to Sell the Property

James Shoobridge

Howard Hanna Allen Tate Mooresville/LKN License #292622 Listed on: 02/26/2018

Co-Listed By

Chris Shoobridge

Howard Hanna Allen Tate Statesville License #195399

Last Buyer's Agent

Pamela Liner

Lake Norman Realty, Inc. License #283489

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • Corner Lot
  • Wooded Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Tudor Architecture
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • Wet Bar
  • Wood Burning Stove
  • Gas Log Fireplace
  • Den with Fireplace

Flooring

  • Wood
  • Brick
  • Carpet
  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 4720-96-6370.000

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Tudor
  • Ratio Close Price By List Price: 0.97345
  • Ratio Close Price By Original Li: 0.94556
  • Ratio Current Price By Acre: 168367.35
  • Ratio Current Price By Sq Ft: 95.29
  • Year Built: 1994
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 412
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Wall Oven, Electric Oven
  • Fireplace Description: Den, Gas Logs, Living Room, Propane, Woodstove
  • Fireplace: Yes
  • Fixture Exception Description: Beer Taps in basement will not convey.
  • Fixture Exception Yn: Yes
  • Flooring: Brick, Carpet, Concrete, Laminate Tile, Tile, Wood
  • Interior Amenities: Basement Shop, Built-Ins, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 105
  • Sq Ft Basement: 1285
  • Main Level Sq Ft: 1766
  • Total Sq Ft: 3463
  • Sq Ft Unheated Basement: 481
  • Sq Ft Unheated Main: 709
  • Sq Ft Unheated Total: 1190

Exterior Features

  • Construction: Brick Partial, Hard Stucco, Stone Veneer, Vinyl, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Multizone A/C, Woodstove
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Features: Corner Lot, Sloping, Trees, Wooded
  • Lot Size Area: 1.960
  • Parcel Number: 4720-96-6370.000
  • Plat Reference Section Pages: 1206
  • Zoning Specification: R20

Tax Info

  • Tax Value: 331020.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Apr 20, 2018
Sold by
Brown Fred L and Brown Marianne
Bought by
Welborn Darren L and Welborn Deborah H
Seller's Agent
James Shoobridge
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Pamela Liner
Lake Norman Realty, Inc.
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$635,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,628
Avg. Annual Appreciation
9.15%
Original Mortgage
$297,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 1994
Bought by
Brown Fred L and Brown Marianne

Purchase Details

Closed on
Dec 1, 1987
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Welborn Darren L -- None Available
Welborn Darreb K $330,000 None Available
Brown Fred L $16,000 --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welborn Darreb K $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $330,000 -5.4% $95 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $349,000 -- $101 / 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 $3,230 $505,810 $55,000 $450,810
2023 $3,095 $547,310 $55,000 $492,310
2022 $2,091 $318,580 $35,000 $283,580
2021 $2,055 $318,580 $35,000 $283,580
2020 $2,055 $318,580 $35,000 $283,580
2019 $1,975 $318,580 $35,000 $283,580
2018 $1,885 $306,840 $35,000 $271,840
2017 $1,842 $299,520 $35,000 $264,520
2016 $1,842 $299,520 $35,000 $264,520
2015 $1,842 $299,520 $35,000 $264,520
2014 -- $312,330 $35,000 $277,330
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3364227

Canopy MLS (Canopy Realtor® Association)

APN: 4720-96-6370.000