NOT LISTED FOR SALE

118 Montclair Dr Mooresville, NC 28117

Estimated Value: $1,082,259 - $1,318,000

3 Beds
3.5 Baths
3,100 Sq Ft
$381/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $775,000 $250 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,752/month

4 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Transitional Architecture
  • Woodland Heights Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of April 2021

Here it is...a one story waterfront home in sought after neighborhood of The Farms. This 2016 all brick 3 bedroom 4 bath home is lightly used and perfect for a family, empty nesters or someone downsizing yet looking to live in a great active community. Within The Farms you will find a lot of kids w activities for people of all ages or you can choose to keep to yourself. The home boasts quality details such a crown moldings, tray ceilings, subway tile backsplash, soft close drawers, high end appliances, a huge laundry area w drop zone, office, screened in porch, a three car garage & more. One of the few waterfront lots in The Farms. Launch your paddleboard & kayak or pull up your jet ski or possibly even boat but no pier or dock is permitted. There is a boat launch & possible private boat slip rentals just down the road. Additionally, The Farms boasts a clubhouse, pool, tennis, basketball, outdoor kitchen, playground and more. If your looking for a fantastic lifestyle you just found it.

Last Agent to Sell the Property

Thomas Hocker

EXP Realty LLC Mooresville License #277977 Listed on: 01/26/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Montana Stabile

EXP Realty LLC Mooresville License #306571

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Mud Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Additional Features

  • Handicap Accessible
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4626-49-8381.000

Community Details

Overview

  • First Services Association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$131 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01307
  • Ratio Close Price By Original Li: 1.01307
  • Ratio Current Price By Acre: 496794.87
  • Ratio Current Price By Sq Ft: 250.00
  • Year Built: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Double Oven, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Fixture Exception Description: Refrigerator, Washer/Dryer
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-Ins, Drop Zone, Handicap Access, Kitchen Island, Open Floorplan, Split BR Plan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 254
  • Main Level Sq Ft: 3100
  • Total Sq Ft: 3100

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1575.00
  • Association Fee Frequency: Annually
  • HOA Management Company: First Services
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake Access, Water view, Waterfront
  • Parcel Number: 4626-49-8381.000
  • Zoning Specification: RR

Tax Info

  • Tax Value: 585700.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 15, 2021
Sold by
Twitchell Douglas and Twitchell Elizabeth
Bought by
Abruzzesa Lawrence and Abruzzesa Doreen
Seller's Agent
Thomas Hocker
EXP Realty LLC Mooresville
Buyer's Agent
Montana Stabile
EXP Realty LLC Mooresville
List Price
$765,000
Sold Price
$775,000
Premium/Discount to List
$10,000
1.31%
Current Estimated Value
$1,180,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,565
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Jun 17, 2016
Sold by
Ohms Properties Llc
Bought by
Twitchell Douglas and Twitchell Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2015
Sold by
Truex William J and Truex Blanca
Bought by
Ohms Properties Llc

Purchase Details

Closed on
Aug 15, 2011
Sold by
The Farms Llc
Bought by
Truex William J and Truex Blanca
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
Abruzzesa Lawrence $775,000 None Available
Twitchell Douglas $645,000 None Available
Ohms Properties Llc $95,500 Investors Title Insurance Co
Truex William J $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Twitchell Douglas $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2021 04/15/21 Sold $775,000 +1.3% $250 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $765,000 -- $247 / 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 $5,160 $864,440 $175,000 $689,440
2023 $5,160 $864,440 $175,000 $689,440
2022 $3,735 $585,700 $100,000 $485,700
2021 $3,731 $585,700 $100,000 $485,700
2020 $3,731 $585,700 $100,000 $485,700
2019 $3,673 $585,700 $100,000 $485,700
2018 $3,638 $600,090 $100,000 $500,090
2017 $3,638 $600,090 $100,000 $500,090
2016 $598 $100,000 $100,000 $0
2015 $598 $100,000 $100,000 $0
2014 -- $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3701590

Canopy MLS (Canopy Realtor® Association)

APN: 4626-49-8381.000