NOT LISTED FOR SALE

118 N Arcadian Way Unit 41 Mooresville, NC 28117

Estimated Value: $310,000 - $325,598

3 Beds
2.5 Baths
1,944 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $330,000 $170 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,173/month

9 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Walk-In Closet
  • South Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of August 2022

Exquisite townhouse located in highly desirable Mooresville location. This home is impeccable & the owner's pride shows throughout; Upgrades include new bamboo engineered hardwood floors, plush new carpet in primary bedroom & up the stairway, granite counters and stainless steel sink in the kitchen, and upgraded light fixture in the dining area; This floorplan features primary bedroom on main level & walk-in closet; Open great room with vaulted ceiling open to upper-level loft area, fireplace and tons of natural light. The upper floor features a loft area, two spacious secondary bedrooms including walk-in closets for ample storage; Note: HVAC & hot-water heater was replaced in 2018. This home will not disappoint!

Last Agent to Sell the Property

Katrina Williams

Premier South License #252769 Listed on: 06/29/2022

Premier South

Last Buyer's Agent

John Torres

Southern Homes of the Carolinas, Inc License #241707

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,872

Year Built

  • Built in 2005

Lot Details

  • 2,396

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Great Room with Fireplace
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Schools

  • South Elementary School
  • Mooresville Middle School
  • Mooresville High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 4656-18-1027.000

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 535-1122
  • Cypress Landing Condos
  • Cypress Landing Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,872

Year Built

Built in 2005

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2005
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 169.75
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Cable Available, Garden Tub, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1140
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 200
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 317
  • Sq Ft Unheated Upper: 117
  • Sq Ft Upper: 804
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Electric Range, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 1944
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 1 Car, Garage Door Opener, On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 170
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cypress Landing
  • Association Name: HENDERSON PROPERTIES
  • Phone: 704-535-1122
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Mooresville
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 2040.00

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4656-18-1027.000
  • Land Included Yn: 1
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.88464

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: South
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2024
Sold by
Carroll Linda
Bought by
Johnson Michael
Current Estimated Value
$317,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,748
Outstanding Balance
$306,249
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$11,651

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 16, 2022
Sold by
Anderson Ernestine T and Anderson Ernestine
Bought by
Carroll Linda
Seller's Agent
Katrina Williams
Premier South
Buyer's Agent
John Torres
Southern Homes of the Carolinas, Inc
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%

Purchase Details

Closed on
Jun 28, 2018
Sold by
Stutts John Patrick and Stutts Mary Beth
Bought by
Anderson Charlie T and Anderson Ernestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Stutts John Patrick and Stutts Mary Beth
Bought by
Stutts John Patrick and Stutts Mary Beth
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
Johnson Michael $317,500 None Listed On Document
Carroll Linda $330,000 Coley Law Firm Pllc
Anderson Charlie T $190,000 T2 Title Agency
Stutts John Patrick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael $311,748
Previous Owner Anderson Charlie T $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2022 08/16/22 Sold $330,000 0.0% $170 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $330,000 -- $170 / 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 $3,872 $316,860 $56,000 $260,860
2023 $3,812 $316,860 $56,000 $260,860
2022 $2,457 $175,100 $29,000 $146,100
2021 $2,457 $175,100 $29,000 $146,100
2020 $2,457 $175,100 $29,000 $146,100
2019 $2,439 $175,100 $29,000 $146,100
2018 $2,081 $147,660 $28,000 $119,660
2017 $2,021 $147,660 $28,000 $119,660
2016 $2,021 $147,660 $28,000 $119,660
2015 $2,021 $147,660 $28,000 $119,660
2014 $2,142 $162,390 $20,000 $142,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877055

Canopy MLS (Canopy Realtor® Association)

APN: 4656-18-1027.000