NOT LISTED FOR SALE

122 Red Tip Ln Mooresville, NC 28117

Estimated Value: $388,000 - $441,906

4 Beds
2.5 Baths
2,202 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $270,000 $123 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,613/month

3 Days on Market

Highlights

  • Wooded Lot
  • Attached Garage
  • Carpet
  • South Elementary School Rated A-
  • Tray Ceiling
  • 3-minute walk to Reed Creek Park

About This Home

As of August 2021

Priced UNDER MARKET VALUE!! Great location near Costco and I77. Contractors dream! Or for a buyer to remodel using a “Fixer-upper” loan and update this home to reflect your own taste. Wood floors, screens porch plus wood decks. Good bones. Updating/repair needs include front concrete step, paint, flooring, light fixtures, appliances, plumbing fixtures etc.. 5 yr old AC everything else needs replacing or updating. You are buying a Fixer-upper and seller will make NO repairs. The price reflects the condition. Landscape needs pruning. Great potential to add sq footage by completing the basement. IMPORTANT: 888 SQ FT IN BASEMENT IS SERVICED BY HVAC but remains in framing stage. Basement has outside entrance and a bathroom has been plumbed in. Has potential to be a second living quarters or apartment rental or added family living space.

Last Agent to Sell the Property

Susan Williams

Southern Homes of the Carolinas, Inc License #281554 Listed on: 08/12/2021

Last Buyer's Agent

Joy Thomas

Enjoy Charlotte Living LLC License #272674

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace

Flooring

  • Carpet
  • Vinyl

Community Details

  • The Meadows HOA

Listing and Financial Details

  • Assessor Parcel Number 4657-02-1782.000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98182
  • Ratio Close Price By Original Li: 0.98182
  • Ratio Current Price By Acre: 1421052.63
  • Ratio Current Price By Sq Ft: 122.62
  • Year Built: 1999
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Upper Level Sq Ft: 1247
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cooktop Electric, Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-Ins, Pantry, Tray Ceiling
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 955
  • Total Sq Ft: 2202
  • Sq Ft Unheated Basement: 955
  • Sq Ft Unheated Total: 955

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 90.00
  • Association Fee Frequency: Annually
  • HOA Management Company: The Meadows HOA
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.190
  • Parcel Number: 4657-02-1782.000
  • Zoning Specification: Res

Tax Info

  • Tax Value: 225540.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2021
Sold by
Future Realty Llc
Bought by
Fkh Sfr Propco H Lp
Current Estimated Value
$419,477

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 30, 2021
Sold by
Beebe Wayne W and Beebe Kathryna A
Bought by
Future Realty Llc
Seller's Agent
Susan Williams
Southern Homes of the Carolinas, Inc
Buyer's Agent
Joy Thomas
Enjoy Charlotte Living LLC
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$225,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 1999
Sold by
Nvr Inc
Bought by
Beebe Wayne W and Beebe Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,972
Interest Rate
7.23%
Mortgage Type
VA

Purchase Details

Closed on
Dec 1, 1994
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fkh Sfr Propco H Lp $405,000 Chicago Title Insurance Co
Future Realty Llc $270,000 None Available
Beebe Wayne W $190,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Future Realty Llc $225,000
Previous Owner Beebe Wayne W $195,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $270,000 -1.8% $123 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $275,000 -- $125 / 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 $4,863 $403,950 $53,100 $350,850
2023 $4,803 $403,950 $53,100 $350,850
2022 $3,118 $225,540 $32,400 $193,140
2021 $3,114 $225,540 $32,400 $193,140
2020 $3,114 $225,540 $32,400 $193,140
2019 $3,091 $225,540 $32,400 $193,140
2018 $2,660 $192,520 $31,500 $161,020
2017 $2,600 $192,520 $31,500 $161,020
2016 $2,600 $192,520 $31,500 $161,020
2015 $2,600 $192,520 $31,500 $161,020
2014 $2,667 $204,430 $25,000 $179,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3771855

Canopy MLS (Canopy Realtor® Association)

APN: 4657-02-1782.000