NOT LISTED FOR SALE

Estimated Value: $800,445 - $838,000

5 Beds
4 Baths
3,306 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $737,500 $223 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,991/month

89 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Clubhouse
  • Private Lot
  • Community Lake
  • Deck
  • Wooded Lot

About This Home

As of October 2022

Wow, this is a must see! A Gorgeous ranch home with a rare walkout basement on a beautiful lot in amenity rich Overlook at Mountain Island Lake! This move in ready custom home has been well cared for and boasts an amazing floor plan! Enjoy family and friends in the large kitchen overlooking the "Keeping Room". Let the fun spill over to the screened porch. Game nite? Enjoy the beautiful "not so formal" living space upstairs or a game of pool or movie time in the finished basement also flanked by another screened in porch. This home has a split bedroom floor plan with hardwood floors throughout. Located on a quiet cul de sac with a private tree lined and fenced backyard-it is the perfect home for any stage of life. Overlook is a quick drive to the National White Water Center, airport, uptown Charlotte, shopping, restaurants, medical care and more. Neighborhood amenities include lake access, large pool, playgrounds, walking trails, sand volley ball and tennis courts with pickle ball.

Last Agent to Sell the Property

Kim Zarsadias

Lake Realty License #292892 Listed on: 07/15/2022

Last Buyer's Agent

Rebecca McGrath

Cottingham Chalk License #202954

Cottingham Chalk

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,182

Year Built

  • Built in 2003

Lot Details

  • Front Green Space
  • Cul-De-Sac
  • Fenced
  • Private Lot
  • Wooded Lot
  • Zoning described as R3

HOA Fees

  • $119 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Stone Veneer

Interior Spaces

  • Ceiling Fan
  • Family Room with Fireplace
  • Bonus Room with Fireplace
  • Screened Porch
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 023-263-08

Community Details

Overview

  • Braesael Management Association, Phone Number (704) 847-3507
  • Overlook Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,182

Year Built

Built in 2003

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2003
  • Ratio Current Price By Acre: 1324057.45
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 223.08
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Basement Partially Finished, Brick/Mortar
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 388
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2284
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1257
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1257
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Covered,Deck,Front,Screened,Side
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Oven
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1022
  • Fireplace Features: Bonus Room, Family Room, Gas Log, Other
  • Living Area: 3306
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Water Body Name: Mountain Island Lake
  • Waterfront Features: Boat Ramp – Community, Paddlesport Launch Site - Community
  • Construction Type: Brick, Stone Veneer

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 437
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Lake, Outdoor Pool, Playground, RV/Boat Storage, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1430
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Braesael Management
  • Phone: 704-847-3507
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: overlook@braesael.com
  • CAR_YearlyHOAExpense: 1430.00

Lot Info

  • Lot Features: Cul-De-Sac, Green Area, Lake Access, Private, Wooded, Wooded
  • Lot Size Area: 0.557
  • Lot Size Units: Acres
  • Parcel Number: 023-263-08
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.53406

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
Jul 15, 2022
Closed on
Oct 24, 2022
Sold by
Reis Denise and Reis John Waldo
Bought by
Malott Linita Jane
Seller's Agent
Kim Zarsadias
Lake Realty
Buyer's Agent
Rebecca McGrath
Cottingham Chalk
List Price
$760,000
Sold Price
$737,500
Premium/Discount to List
-$22,500
-2.96%
Views
18
Current Estimated Value
$814,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,361
Avg. Annual Appreciation
3.59%
Original Mortgage
$385,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2004
Sold by
Vertex Management Llc
Bought by
Reis John Waldo and Reis Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Overlook Properties Nc Llc
Bought by
Vertex Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.77%
Mortgage Type
Construction
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
Malott Linita Jane $737,500 --
Reis John Waldo $343,000 --
Vertex Management Llc $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malott Linita Jane $545,000
Closed Malott Linita Jane $385,000
Previous Owner Reis John Waldo $220,000
Previous Owner Vertex Management Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $737,500 -1.7% $223 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $750,000 -1.3% $227 / Sq Ft
08/20/2022 08/20/22 For Sale $760,000 0.0% $230 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $760,000 -0.7% $230 / Sq Ft
07/15/2022 07/15/22 For Sale $765,000 -- $231 / 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 $5,182 $664,100 $140,000 $524,100
2023 $5,010 $664,100 $140,000 $524,100
2022 $4,843 $488,900 $125,000 $363,900
2021 $4,718 $488,900 $125,000 $363,900
2020 $4,718 $488,900 $125,000 $363,900
2019 $4,789 $530,300 $125,000 $405,300
2018 $4,688 $351,700 $90,000 $261,700
2017 $4,615 $351,700 $90,000 $261,700
2016 -- $351,700 $90,000 $261,700
2015 $4,594 $351,700 $90,000 $261,700
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881335

Canopy MLS (Canopy Realtor® Association)

APN: 023-263-08