NOT LISTED FOR SALE

118 Maddaket Loop Mooresville, NC 28117

Estimated Value: $1,714,000 - $2,880,052

5 Beds
5.5 Baths
6,403 Sq Ft
$372/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $1,725,000 $269 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $13,500/month

151 Days on Market

Highlights

  • On Golf Course
  • Boat Slip
  • In Ground Pool
  • Woodland Heights Elementary School Rated A-
  • Fitness Center
  • Open Floorplan

About This Home

As of March 2024

Elegant low maintenance 3 level brick home with new roof in 2022 is located on the 4th hole of TNGCC. Built by Arcadia Homes on a large private 1.19 Acre homesite. Brazilian Cherry floors throughout the main level. Light filled 2 story great room features gas FP flanked by built-ins. The kitchen has been updated & includes a new backsplash, refreshed cabinets & new cooktop. Just off of the garage is a drop zone & laundry room w/plenty of storage & a "friends door". The main level office has a vaulted ceiling w/beams. Main level primary suite has had hardwoods installed. The second level includes 3 bedrooms all w/adjoining bathrooms, a spacious computer niche & large bonus room. The living/entertainment hub of this gorgeous home is the lower level complete w/wine cellar, wet bar, billiards/game room, den w/FP & built-ins, guest bedroom & full bath. The private backyard has beautiful 'like new' pool w/recent updates. Boat slip Z #3 with lift. Please see feature sheet for more updates.

Last Agent to Sell the Property

Doris Nash

Ivester Jackson Christie's Brokerage Email: doris@ivesterjackson.com License #203067 Listed on: 09/06/2023

Co-Listed By

Jessica Simpson

Ivester Jackson Christie's Brokerage Email: doris@ivesterjackson.com License #243007

Last Buyer's Agent

Sonya Leonard

Keller Williams Unified License #232078

Keller Williams Unified

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,273

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 116'x344'x314'x222'
  • On Golf Course
  • Fenced
  • Irrigation
  • Property is zoned RA CUD

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Great Room with Fireplace
  • Den with Fireplace
  • Golf Course Views
  • Basement
  • Workshop
  • Home Security System
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • In Ground Pool
  • Boat Slip
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Woodland Heights Elementary And Middle School
  • Lake Norman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Community Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4625-79-8481.000

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • Built by Arcadia Homes
  • The Point Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,273

Year Built

Built in 2002

Lot Details

0

HOA Fees

$162 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2002
  • Restrictions: Architectural Review,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 269.40
  • Geocode Confidence: High
  • Attribution Contact: doris@ivesterjackson.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Central Vacuum, Drop Zone, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2593
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 598
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 598
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1913
  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Electric Oven, Exhaust Hood, Gas Cooktop, Gas Water Heater, Refrigerator, Wall Oven
  • Other Equipment: Network Ready, Surround Sound
  • Above Grade Finished Sq Ft: 4506
  • Has Basement: Basement Shop
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1897
  • Fireplace Features: Den, Gas, Gas Log, Great Room
  • Living Area: 6403
  • Bedroom Main: 1
  • Room Count: 20
  • Sq Ft Other: 0
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation, In Ground Pool
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Fenced
  • View: Golf Course
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Deed)
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 780
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Utilities: Gas
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Outdoor Pool, Picnic Area, Playground, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 970
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Hawthorne Management
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 1940.00

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: Required

Lot Info

  • Lot Features: On Golf Course
  • Lot Size Area: 1.19
  • Lot Size Units: Acres
  • Parcel Number: 4625-79-8481.000
  • Development Status: Completed
  • Lot Size: 116'x344'x314'x222'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA CUD

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Arcadia Homes

MLS Schools

  • Elementary School: Woodland Heights
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Snyder Timothy F and Snyder Dawn P
Bought by
Red Cedar Living Trust and Jarman
Current Estimated Value
$2,380,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2003
Sold by
Arcadia Homes Inc
Bought by
Snyder Timothy F and Snyder Dawn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.16%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Red Cedar Living Trust $1,725,000 Nh Title Group
Snyder Timothy F $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Red Cedar Living Trust $1,380,000
Previous Owner Snyder Timothy F $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2024 03/05/24 Sold $1,725,000 -6.8% $269 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
09/06/2023 09/06/23 For Sale $1,850,000 -- $289 / 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 $10,273 $1,730,970 $325,000 $1,405,970
2023 $10,273 $1,730,970 $325,000 $1,405,970
2022 $7,023 $1,109,600 $195,000 $914,600
2021 $7,019 $1,109,600 $195,000 $914,600
2020 $7,019 $1,109,600 $195,000 $914,600
2019 $6,908 $1,109,600 $195,000 $914,600
2018 $6,040 $1,002,120 $234,000 $768,120
2017 $6,040 $1,002,120 $234,000 $768,120
2016 $6,040 $1,002,120 $234,000 $768,120
2015 $6,040 $1,002,120 $234,000 $768,120
2014 $5,703 $1,003,120 $260,000 $743,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4066701

Canopy MLS (Canopy Realtor® Association)

APN: 4625-79-8481.000