NOT LISTED FOR SALE

118 Red Tip Ln Mooresville, NC 28117

Estimated Value: $472,000 - $501,000

4 Beds
3.5 Baths
3,152 Sq Ft
$153/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $315,000 $100 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,935/month

Highlights

  • Traditional Architecture
  • Attached Garage
  • 4-minute walk to Reed Creek Park
  • South Elementary School Rated A-

About This Home

As of May 2021

This home is located at 118 Red Tip Ln, Mooresville, NC 28117 since 14 April 2021 and is currently estimated at $481,861, approximately $152 per square foot. This property was built in 1997. 118 Red Tip Ln is a home located in Iredell County with nearby schools including South Elementary School, Mooresville Intermediate School, and Mooresville Middle.

Last Agent to Sell the Property

Katrina Cherry

Catalyst Real Estate Services LLC License #115545 Listed on: 04/14/2021

Last Buyer's Agent

Jimmy Grappone

Realty One Group Revolution License #277228

Realty One Group Revolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 8,712

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Additional Features

  • Oven

Listing and Financial Details

  • Assessor Parcel Number 4657-02-1714.000

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Current Price By Acre: 1575000.00
  • Ratio Current Price By Sq Ft: 99.94
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1072
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1040
  • Main Level Sq Ft: 1040
  • Total Sq Ft: 3152

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.200
  • Parcel Number: 4657-02-1714.000
  • Zoning Specification: R5

Tax Info

  • Tax Value: 245760.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 12, 2021
Sold by
Schmidt Stephan I and Schmidt Melissa B
Bought by
Dillard Kristen Price and Dillard Wesley Ganzala
Seller's Agent
Katrina Cherry
Catalyst Real Estate Services LLC
Buyer's Agent
Jimmy Grappone
Realty One Group Revolution
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$481,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,861
Avg. Annual Appreciation
10.00%
Original Mortgage
$309,294
Outstanding Balance
$284,431
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$197,430

Purchase Details

Listed on
Feb 2, 2018
Closed on
Jun 12, 2018
Sold by
Lipman Dennis A and Lipman Anita
Bought by
Schmidt Stephan J and Schmidt Melissa B
Seller's Agent
Melanie Eatherton
Keller Williams Greenville Upstate
Buyer's Agent
Jeff Arzonico
EXP Realty LLC Mooresville
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$225,250
Interest Rate
5.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2017
Sold by
Lipman Jeffrey
Bought by
Lipman Dennis A and Lipman Anita

Purchase Details

Closed on
Mar 15, 2013
Sold by
Batty Craig A and Batty Mary M
Bought by
Lipman Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,486
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1997

Purchase Details

Closed on
Jan 1, 1997

Purchase Details

Closed on
Dec 1, 1994
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
Dillard Kristen Price $315,000 Fortified Title
Schmidt Stephan J $265,000 None Available
Lipman Dennis A -- None Available
Lipman Jeffrey $194,000 Meridian Title Co
-- $160,300 --
-- $97,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillard Kristen Price $309,294
Previous Owner Schmidt Stephan J $233,404
Previous Owner Schmidt Stephan J $225,250
Previous Owner Lipman Jeffrey $190,486
Previous Owner Batty Craig A $134,852
Previous Owner Batty Craig A $44,000
Previous Owner Batty Craig A $138,530
Previous Owner Batty Craig A $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2021 05/13/21 Sold $315,000 0.0% $100 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $315,000 +18.9% $100 / Sq Ft
06/12/2018 06/12/18 Sold $265,000 -3.6% $84 / Sq Ft View Prior Sale
05/09/2018 05/09/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $275,000 -- $88 / 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 $4,900 $407,140 $59,000 $348,140
2023 $4,840 $407,140 $59,000 $348,140
2022 $3,381 $245,760 $36,000 $209,760
2021 $3,377 $245,760 $36,000 $209,760
2020 $3,377 $245,760 $36,000 $209,760
2019 $3,352 $245,760 $36,000 $209,760
2018 $2,912 $212,000 $35,000 $177,000
2017 $2,852 $212,000 $35,000 $177,000
2016 $2,852 $212,000 $35,000 $177,000
2015 $2,852 $212,000 $35,000 $177,000
2014 $2,942 $226,440 $25,000 $201,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3746679

Canopy MLS (Canopy Realtor® Association)

APN: 4657-02-1714.000