NOT LISTED FOR SALE

122 Shady Cove Rd Troutman, NC 28166

Estimated Value: $579,000 - $892,058

0.5 Acre
$1,501,030 Price per Acre
21,780 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $275,000

Est. 173% increase in value since last sale

Current estimated payment $4,303/month

119 Days on Market

About This Lot

As of June 2021

PERFECT, AFFORDABLE, WATERFRONT Building Lot for walk-out basement if desired! No HOA!! Beautifully wooded lot in small, private, quiet, waterfront community; mature trees; half acre lot with permitted pier and dock in place but needs work..do NOT walk onto pier! ... Quiet, Wide Cove area for kayaks and paddle boarding in addition to deep water boating!  Easy access off Perth Road from BOTH Mooresville or Troutman exits off I77.

Last Agent to Sell the Property

Carol Ann Bettini

Southern Homes of the Carolinas, Inc License #231727 Listed on: 10/15/2020

Last Buyer's Agent

Jennifer Mech

Keller Williams Lake Norman License #282447

Keller Williams Lake Norman

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4730-71-4925

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.96491
  • Ratio Close Price By Original Li: 0.96491
  • Ratio Current Price By Acre: 550000.00
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Dimension: 97x222x94x238
  • Lot Features: Lake, Lake Access, Sloping, Trees, Views, Water view, Waterfront, Wooded, Year Round View
  • Lot Size Area: 0.500
  • Parcel Number: 4730-71-4925
  • Zoning Specification: R-20
  • Wooded Acres: 0.50

Tax Info

  • Tax Value: 198420.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Emory Christopher and Emory Charity
Bought by
Emory Chris and Emory Charity M
Current Estimated Value
$750,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jun 7, 2021
Sold by
Mcmillan Shelia Marie and Mcmillan David W
Bought by
Emory Christopher and Emory Charity
Seller's Agent
Carol Ann Bettini
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jennifer Mech
Keller Williams Lake Norman
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.89%
Original Mortgage
$206,250
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2020
Sold by
Reavis Brenda Gay and Mcmillan Shelia Marie
Bought by
Reavis Brenda Gay and Mcmillan Shelia Marie

Purchase Details

Closed on
Jun 14, 2004
Sold by
Gentle George Walter and Gentle Clarice June
Bought by
The Clarice June Gentle Revocable Living

Purchase Details

Closed on
Jul 1, 1984

Purchase Details

Closed on
Jun 1, 1982

Purchase Details

Closed on
Jun 1, 1980
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Emory Chris -- First Choice Title Svcs Inc
Emory Chris -- First Choice Title
Emory Christopher $275,000 None Available
Reavis Brenda Gay -- None Available
The Clarice June Gentle Revocable Living -- --
-- $28,000 --
-- $26,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Emory Chris $621,000
Previous Owner Emory Christopher $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $275,000 -3.5% --
02/11/2021 02/11/21 Pending -- -- --
10/15/2020 10/15/20 For Sale $285,000 -- --
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 $4,021 $660,130 $270,000 $390,130
2023 $4,021 $625,900 $270,000 $355,900
2022 $1,245 $198,420 $192,500 $5,920
2021 $1,245 $198,420 $192,500 $5,920
2020 $1,245 $198,420 $192,500 $5,920
2019 $1,195 $198,420 $192,500 $5,920
2018 $1,212 $202,920 $200,000 $2,920
2017 $1,212 $202,920 $200,000 $2,920
2016 $1,212 $202,920 $200,000 $2,920
2015 -- $202,920 $200,000 $2,920
2014 -- $202,920 $200,000 $2,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3660783

Canopy MLS (Canopy Realtor® Association)

APN: 4730-71-4925.000