NOT LISTED FOR SALE

118 E Decatur Ave Mooresville, NC 28117

Estimated Value: $376,000 - $442,000

3 Beds
2.5 Baths
1,836 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $407,000 $222 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,512/month

Highlights

  • Open Floorplan
  • Lakeshore Elementary School Rated A-
  • Balcony

About This Home

As of October 2022

This charming 3-bed, 2-bath Charleston-style home is in the lakeside community of Water Oak in Mooresville. The sunny and spacious open-plan family area has a FIREPLACE and hardwood flooring. The roomy eat-in kitchen features a full set of stainless-steel appliances including a GAS RANGE, granite counters, pantry closet, and hardwood flooring. You’ll also find the large BONUS ROOM and powder room on the first floor. The carpeted, king-size main bedroom has a high tray ceiling, PRIVATE BALCONY, great closet space, and enough room for an entire bedroom set (and then some!). The ensuite bathroom features dual sink vanities and a full bath. The other two bedrooms are both carpeted and share a bathroom. Add to that a two-car garage, a garden patio, and a laundry room with hookups for your choice of washer and dryer.

Last Agent to Rent the Property

Deb Berg

Ideal Realty inc License #165048 Listed on: 09/14/2022

Last Renter's Agent

Adelle Spears

Call It Closed International Inc License #311662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,753

Year Built

  • Built in 2004

Lot Details

  • 3,920

Interior Spaces

  • Open Floorplan
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Balcony
  • Zoning described as CMX

Community Details

  • Water Oak Subdivision

Listing and Financial Details

  • Property Available on 9/14/22
  • Tenant pays for all utilities
  • Assessor Parcel Number 4637-89-8118.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,753

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Pet Deposit: 300
  • Deposit Security: 195
  • Smoking Allowed Yn: 0
  • Available Date: 2022-09-14

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 2004
  • Ratio Current Price By Acre: 22166.67
  • Unit Floor Level: 1
  • Structure Type: House
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Porch: Balcony
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 2 Car

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.09
  • Lot Size Units: Acres
  • Parcel Number: 4637-89-8118.000
  • Zoning Description: CMX
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 7, 2022
Sold by
Maglathlin and Patricia
Bought by
Uscmf Sn Nc A Llc
Seller's Agent
Pete Dorninger
Redfin Corporation
Buyer's Agent
Chris Rogalski
Ideal Realty inc
List Price
$399,900
Sold Price
$407,000
Premium/Discount to List
$7,100
1.78%
Current Estimated Value
$403,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,418
Avg. Annual Appreciation
0.17%

Purchase Details

Closed on
Aug 10, 2012
Sold by
Mitchell Barry Allen and Mitchell Lisa Anne
Bought by
Maglathlin Clark and Maglathlin Patricia

Purchase Details

Closed on
Dec 18, 2009
Sold by
Henderson Dewey Tandy and Henderson Cassandra C
Bought by
Mitchell Lisa Anne and Mitchell Barry Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Ackovitz Geri M
Bought by
Henderson Dewey Tandy and Henderson Cassandra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,800
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 4, 2004
Sold by
Mclaughlin Carol and Ackovitz Geri Michele
Bought by
Ackovitz Geri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,128
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Arvida Mid Atlantic Homes Inc
Bought by
Mclaughlin Carol and Ackovitz Geri Michele
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
Uscmf Sn Nc A Llc $407,000 New Title Company Name
Uscmf Sn Nc A Llc $407,000 Investors Title Insurance Comp
Maglathlin Clark $173,500 None Available
Mitchell Lisa Anne $188,500 None Available
Henderson Dewey Tandy $193,500 None Available
Ackovitz Geri -- --
Mclaughlin Carol $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maglathlin Clark $100,000
Previous Owner Mitchell Lisa Anne $150,000
Previous Owner Henderson Dewey Tandy $183,800
Previous Owner Ackovitz Geri $133,128
Closed Ackovitz Geri $33,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Rented $1,995 0.0% --
09/14/2022 09/14/22 For Rent $1,995 0.0% --
07/08/2022 07/08/22 Sold $407,000 +1.8% $220 / Sq Ft
06/10/2022 06/10/22 For Sale $399,900 -- $217 / 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 $3,753 $360,840 $60,000 $300,840
2023 $3,753 $360,840 $60,000 $300,840
2022 $2,534 $210,680 $38,000 $172,680
2021 $2,487 $206,810 $38,000 $168,810
2020 $2,487 $206,810 $38,000 $168,810
2019 $2,466 $206,810 $38,000 $168,810
2018 $2,210 $184,020 $45,000 $139,020
2017 $2,150 $184,020 $45,000 $139,020
2016 $2,117 $181,040 $45,000 $136,040
2015 $2,117 $181,040 $45,000 $136,040
2014 $2,107 $187,340 $45,000 $142,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3904924

Canopy MLS (Canopy Realtor® Association)

APN: 4637-89-8118.000