$375,000
SOLD JUN 25, 2025

118 Alfara Ln Troutman, NC 28166

3 Beds
2 Baths
1,319 Sq Ft
0.57 Acres

Recently Sold

$284 Per Sq Ft

6% Below List Price

72 Days on Market

Highlights

  • Water Views
  • Deck
  • Ranch Style House
  • Open Floorplan
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of June 2025

Beautifully renovated ranch home w/ MANY upgrades! No HOA! Enjoy lake views from driveway & beyond in the highly desirable lake-front Shady Cove! Nestled in a quiet cul-de-sac, on a spacious open lot among mature tall trees & stunning Lake Norman homes. Relax on the new back deck overlooking the creek & wooded landscape. Stunning new master en-suite bathroom w/ double vanity, walk-in tile shower, his-and-her shower heads, & sliding glass door. Large walk-in master closet! 2 additional bedrooms equipped w/ french door closets, & ample storage space. Hall bath features new generously sized tub & built in storage feature. All new paint, flooring, lighting, fixtures, appliances & much more! New HVAC! New hot water heater! Septic pump out completed & pump/pump system replaced! This home has been loved and cared for by owner for 30+ years!

Last Agent to Sell the Property

Tarah Burke

EXP Realty LLC Mooresville Brokerage Email: TarahBurke419@gmail.com License #339331 Listed on: 03/20/2025

EXP Realty LLC Mooresville

Last Buyer's Agent

Brian Quick

EXP Realty LLC Mooresville License #330639

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,577

Year Built

  • Built in 1989

Lot Details

  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20, R-20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,319 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Shady Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4730-70-9716.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,577

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Restrictions: Manufactured Home Not Allowed
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 284.31
  • Geocode Confidence: High
  • Attribution Contact: TarahBurke419@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1319
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Hood, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1319
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1319
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Wooded, Views
  • Lot Size Area: 0.573
  • Lot Size Units: Acres
  • Parcel Number: 4730-70-9716.000
  • Zoning: R-20
  • Additional Parcels: No
  • Zoning Specification: R20

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2025
Closed on
Jun 24, 2025
Sold by
Ervin Susan Walker
Bought by
Zimmerman Mae M and Zimmerman Kenneth J
Seller's Agent
Tarah Burke
EXP Realty LLC Mooresville
Buyer's Agent
Brian Quick
EXP Realty LLC Mooresville
List Price
$399,500
Sold Price
$375,000
Premium/Discount to List
-$24,500
-6.13%
Views
121
Current Estimated Value
$374,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$808
Avg. Annual Appreciation
-0.80%
Original Mortgage
$125,000
Outstanding Balance
$123,695
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$250,497

Purchase Details

Closed on
May 1, 1991

Purchase Details

Closed on
May 1, 1989

Purchase Details

Closed on
Jun 1, 1981
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 Type Sale Price Title Company
Warranty Deed $375,000 Old Republic National Title
Warranty Deed $375,000 Old Republic National Title
Deed $99,000 --
Deed $8,500 --
Deed $6,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Closed $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Sold $375,000 -3.7% $284 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/07/2025 05/07/25 Price Changed $389,500 -2.5% $295 / Sq Ft
04/15/2025 04/15/25 For Sale $399,500 0.0% $303 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $399,500 -- $303 / 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 $1,577 $252,840 $50,000 $202,840
2023 $1,577 $252,840 $50,000 $202,840
2022 $1,122 $166,560 $45,000 $121,560
2021 $1,101 $166,560 $45,000 $121,560
2020 $1,101 $166,560 $45,000 $121,560
2019 $1,060 $166,560 $45,000 $121,560
2018 $957 $151,470 $45,000 $106,470
2017 $957 $151,470 $45,000 $106,470
2016 $957 $151,470 $45,000 $106,470
2015 $957 $151,470 $45,000 $106,470
2014 $916 $157,030 $45,000 $112,030
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4237043

Canopy MLS (Canopy Realtor® Association)

APN: 4730-70-9716.000