NOT LISTED FOR SALE

119 Emerald Point Unit 1 Mount Gilead, NC 27306

Estimated Value: $748,000 - $844,000

2 Beds
1.5 Baths
1,250 Sq Ft
$642/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $394,000 $315 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,725/month

184 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Cabin
  • Community Lake
  • Stone Flooring
  • Gas Log Fireplace

About This Home

As of December 2018

A true log cabin on a point, main channel lot with approximately 200 feet of shoreline located in Emerald Shores on Lake Tillery. Fantastic views with great water depth and two boathouses. Flagstone floors and stone fireplace with gas logs in the living room. The upper level has one bedroom along with an office / sitting room that can be utilized for a sleeping area. Beautiful sunset views from this wooded lot with a nice large covered porch on the lake side to enjoy your evenings. If a rustic / lakefront log cabin is what you have been searching for.....look no more. Come find your place on Lake Tillery and start enjoying Lake Life at it's best !!!

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 05/08/2018

Last Buyer's Agent

Kris Gallagher

Southern Homes of the Carolinas, Inc License #279584

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Wooded Lot

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Gas Log Fireplace
  • Stone Flooring
  • Crawl Space

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-19-62-1073

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 0.94963
  • Ratio Close Price By Original Li: 0.89241
  • Ratio Current Price By Acre: 1193939.39
  • Ratio Current Price By Sq Ft: 315.20
  • Year Built: 1980
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 450
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Stone
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 800
  • Total Sq Ft: 1250

Exterior Features

  • Construction: Log
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Hoa Subject To Dues: Voluntary

Schools

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

Lot Info

  • Lot Dimension: 135 x 170
  • Lot Features: Waterfront, Water view, Long Range View, Paved Frontage, Lake, Wooded, Year Round View
  • Lot Size Area: 0.330
  • Parcel Number: 6574-19-62-1073
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 476500.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Stephanie Jo Worley Revocable Trust and Worley Stephanie Jo
Bought by
Smith Christopher Brian and Smith Renee King
Current Estimated Value
$827,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Outstanding Balance
$553,518
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$248,706

Purchase Details

Closed on
Nov 6, 2023
Sold by
Worley Stephanie Jo and Worley George Timothy
Bought by
Stephanie Jo Worley Revocable Trust and Worley

Purchase Details

Listed on
May 8, 2018
Closed on
Dec 19, 2018
Sold by
Hamblin Gary L and Hamblin Denae C
Bought by
Worley Stephanie Jo
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Kris Gallagher
Southern Homes of the Carolinas, Inc
List Price
$441,500
Sold Price
$394,000
Premium/Discount to List
-$47,500
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Oct 10, 2006
Sold by
Kaufman Lawerence L and Kaufman Dawn B
Bought by
Hamblin Gary L and Hamblin Denae C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2005
Sold by
Kruse Richard S and Kruse Lisa H
Bought by
Kaufman Lawrence L and Kaufman Dawn B
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
Smith Christopher Brian $799,000 None Listed On Document
Smith Christopher Brian $799,000 None Listed On Document
Stephanie Jo Worley Revocable Trust -- None Listed On Document
Stephanie Jo Worley Revocable Trust -- None Listed On Document
Worley Stephanie Jo $394,000 None Available
Worley Stephanie Jo $394,000 None Available
Hamblin Gary L $450,000 --
Hamblin Gary L $450,000 --
Kaufman Lawrence L $331,500 None Available
Kaufman Lawrence L $331,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Christopher Brian $559,000
Previous Owner Hamblin Gary L $393,000
Previous Owner Hamblin Gary L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $394,000 -5.0% $315 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
08/30/2018 08/30/18 Price Changed $414,900 -4.9% $332 / Sq Ft
07/17/2018 07/17/18 Price Changed $436,500 -1.1% $349 / Sq Ft
05/08/2018 05/08/18 For Sale $441,500 -- $353 / 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
2025 $2,676 $405,444 $274,500 $130,944
2024 $2,676 $405,444 $274,500 $130,944
2023 $2,656 $405,444 $274,500 $130,944
2022 $2,656 $405,444 $274,500 $130,944
2021 $2,656 $405,444 $274,500 $130,944
2020 $2,656 $405,444 $274,500 $130,944
2018 $3,145 $476,500 $366,000 $110,500
2017 $3,145 $476,500 $366,000 $110,500
2016 $3,145 $476,500 $366,000 $110,500
2015 $2,907 $476,500 $0 $0
2014 $2,907 $476,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3386782

Canopy MLS (Canopy Realtor® Association)

APN: 6574-19-62-1073