NOT LISTED FOR SALE

121 Butternut Rd Troutman, NC 28166

Estimated Value: $1,040,000 - $1,118,000

3 Beds
5 Baths
2,997 Sq Ft
$360/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,009,085 $337 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,120/month

48 Days on Market

Highlights

  • Pier
  • Open Floorplan
  • Great Room with Fireplace
  • Waterfront
  • Deck
  • Wood Flooring

About This Home

As of May 2023

Looking for the perfect lake property! Gorgeous views of Lake Norman, private dock! Custom-built home in 2018 with open floor plan and lots of natural light with gas fireplace, Well-appointed kitchen, Screened-in porch off the kitchen provides a perfect spot to enjoy the lake views while enjoying a meal or beverage.
The primary suite is sure to impress with its beautiful views of the lake, Half-bath on the main floor and large laundry room w/ built-ins add to the convenience and functionality of the home. The second floor is a bonus room with a half bathroom while the walk out basement includes a family room and two additional bedrooms plus another room for an office. Ample space for guests or extra storage.
The private and large flat lot leading to the dock is perfect for outdoor activities and relaxation. Outdoor deck and patio for relaxation and visiting w/ friends. This lakefront property with its custom-built home, amazing views, and fantastic features is definitely a must-see!

Last Agent to Sell the Property

Mary Palmes

Howard Hanna Allen Tate Statesville License #235549 Listed on: 03/09/2023

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Ashley Reed

EXP Realty LLC Mooresville License #324990

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,053

Year Built

  • Built in 2018

Lot Details

  • Waterfront
  • Level Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Permanent Foundation
  • Metal Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Pocket Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Screened Porch
  • Water Views
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Finished Basement

  • Walk-Out Basement
  • Basement Storage

Outdoor Features

  • Pier
  • Personal Watercraft Lift
  • Deck
  • Patio

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Kemp Sigmon Construction Co, Claremont

Listing and Financial Details

  • Assessor Parcel Number 4629-72-7242.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,053

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 336.70
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Permanent
  • Flooring: Laminate, Hardwood, Tile
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1283
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 425
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Above Grade Finished Sq Ft: 1708
  • Has Basement: Finished, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1289
  • Door Features: Pocket Doors
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2997
  • Bedroom Main: 1
  • Room Count: 16
  • Bedroom Basement: 2

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Personal Watercraft Lift, Pier, Dock
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Deck, Patio, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air, Heat Pump
  • Utilities: Cable Available, Cable Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Waterfront
  • Lot Size Area: 0.69
  • Lot Size Units: Acres
  • Parcel Number: 4629-72-7242.000
  • Plat Book Slide: 62/43
  • Lot Size: 247Rx54x274x122WFx158WFx142
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Kemp Sigmon Construction Co, Claremont

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 15, 2023
Sold by
Richardson Clifford
Bought by
Perfect Fit Properties Llc
Seller's Agent
Mary Palmes
Howard Hanna Allen Tate Statesville
Buyer's Agent
Ashley Reed
EXP Realty LLC Mooresville
List Price
$1,200,000
Sold Price
$1,009,085
Premium/Discount to List
-$190,915
-15.91%
Views
153
Current Estimated Value
$1,079,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,050
Avg. Annual Appreciation
2.88%

Purchase Details

Closed on
Nov 1, 1991
Source: Public Records

Range of Values:

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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
Perfect Fit Properties Llc $1,009,500 Lm Title
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,009,085 -8.3% $337 / Sq Ft
04/10/2023 04/10/23 Price Changed $1,100,000 -8.3% $367 / Sq Ft
03/09/2023 03/09/23 For Sale $1,200,000 -- $400 / 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 $5,053 $832,100 $300,000 $532,100
2023 $5,053 $706,410 $300,000 $406,410
2022 $2,844 $436,780 $180,000 $256,780
2021 $2,797 $436,780 $180,000 $256,780
2020 $2,797 $436,780 $180,000 $256,780
2019 $2,688 $436,780 $180,000 $256,780
2018 $1,153 $193,020 $180,000 $13,020
2017 $1,153 $193,020 $180,000 $13,020
2016 $1,153 $193,020 $180,000 $13,020
2015 $1,153 $193,020 $180,000 $13,020
2014 $1,072 $194,880 $180,000 $14,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4008188

Canopy MLS (Canopy Realtor® Association)

APN: 4629-72-7242.000