120 Cove Point Mount Gilead, NC 27306
Estimated Value: $992,000 - $1,124,000
4
Beds
3
Baths
2,450
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- Boathouse
- Boat Lift
- Deck
- Covered Dock
- Open Floorplan
- Arts and Crafts Architecture
About This Home
As of June 2022Main Channel waterfront home at The Landing on Lake Tillery. 4 BR / 3 BA Craftsman style home with many upgrades. This property looks like it has never been lived in......well maintained inside and out. Phenomenal views at the property with a gentle slope to the dock and great water depth. There is a large wooded buffer on the south side of the lot that gives you tons of options for future improvements. Bamboo, tile and LVP flooring. Quartz, granite counter tops. Tile baths. Hardi siding with stone and cedar accent posts. Professional landscaping with inground irrigatioin. 190 feet of shoreline with large stone bulkhead. Vaulted ceiling on the main level with tons of glass and 10 ft ceilings in the basement. Open floorplan up and down with a spacious great room in the basement. Main level deck and patio below on the lake side. All appliances, tv's and whole house generator convey with purchase. Come preview this property and start Living The Lake Life !!!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,519
Year Built
- Built in 2017
Lot Details
- Lot Dimensions are 190 x 100
- Paved or Partially Paved Lot
- Irrigation
HOA Fees
- $70 Monthly HOA Fees
Parking
- Driveway
Home Design
- Arts and Crafts Architecture
- Composition Roof
- Stone Siding
Interior Spaces
- Open Floorplan
- Tray Ceiling
- Ceiling Fan
- Window Treatments
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Bamboo
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Waterfront has a Concrete Retaining Wall
- Boat Lift
- Boathouse
- Covered Dock
- Deck
- Patio
Utilities
- Vented Exhaust Fan
- Heat Pump System
Community Details
- The Landing Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 6575-18-30-5954
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2022
Closed on
May 25, 2022
Sold by
Griswold William W and Griswold Lee P
Bought by
Vaughan Matthew M and Vaughan Susan J
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Lynn Norman
Lake Tillery Properties LLC
List Price
$989,000
Sold Price
$989,000
Total Days on Market
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,319
Avg. Annual Appreciation
3.47%
Original Mortgage
$791,200
Outstanding Balance
$760,101
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$335,901
Purchase Details
Closed on
Feb 19, 2018
Sold by
Cam Development Properties Inc
Bought by
Griswold William W and Griswold Lee P
Purchase Details
Closed on
Feb 10, 2017
Sold by
Allen June D
Bought by
Cam Development Properties Inc
Similar Homes in Mount Gilead, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vaughan Matthew M | $989,000 | Hollers & Atkinson Pc | |
| Griswold William W | $615,000 | None Available | |
| Cam Development Properties Inc | $190,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vaughan Matthew M | $791,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $989,000 | 0.0% | $404 / Sq Ft |
| 04/14/2022 04/14/22 | For Sale | $989,000 | -- | $404 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,519 | $689,895 | $182,000 | $507,895 |
| 2023 | $4,003 | $611,161 | $182,000 | $429,161 |
| 2022 | $4,216 | $611,161 | $182,000 | $429,161 |
| 2021 | $4,223 | $611,161 | $182,000 | $429,161 |
| 2020 | $4,229 | $611,161 | $182,000 | $429,161 |
| 2018 | $3,262 | $494,242 | $261,113 | $233,129 |
| 2017 | $1,723 | $261,100 | $261,100 | $0 |
| 2016 | $1,723 | $261,100 | $261,100 | $0 |
| 2015 | $1,593 | $261,100 | $0 | $0 |
| 2014 | $1,593 | $261,113 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark McRae
Seller's Agent in 2022
Mark McRae
McRae Properties
(704) 985-3128
127 Total Sales
-
Lynn Norman
Buyer's Agent in 2022
Lynn Norman
Lake Tillery Properties LLC
(910) 439-2030
215 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3850039
APN: 6575-18-30-5954
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