$1,220,000
SOLD FEB 5, 2025

124 Gladstone Springs Rd New London, NC 28127

5 Beds
4.5 Baths
3,316 Sq Ft
1.58 Acres

Recently Sold

$368 Per Sq Ft

6% Below List Price

12 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Fireplace in Primary Bedroom
  • Fitness Center
  • Clubhouse
  • Deck

About This Home

As of February 2025

Experience luxurious waterfront living at Old North State Club! 124 Gladstone Springs' modern design features an open floorplan w/abundant natural light & serene views of Badin Lake's Long Cove. Discover how easy entertaining outdoors can be, w/the home's spacious porches and lakeside seating area with firepit. The inviting living area is complemented by a contemporary kitchen and spectacular dining area overlooking the lake. The owner's suite w/fireplace and porch access features generous walk-in closets as well as a fabulous en-suite bathroom. Bonus room space above the two-car garage, plus two additional large storage rooms in the basement. Basement space features an extra bedroom and full bath, plus a sauna across from the bathroom. This space is accessible via a private separate entrance. Easy access to Badin Lake and all it has to offer. Join the Old North State Club to enjoy the newly renovated Tom Fazio golf course, tennis/pickleball courts, pools, dining, fitness & much more!

Last Agent to Sell the Property

Rob Brady

Old North State Realty Brokerage Email: rob@oldnorthstaterealty.com License #298270 Listed on: 12/02/2024

Last Buyer's Agent

Adyson Lowe

Realty One Group Revolution License #319102

Realty One Group Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,128

Year Built

  • Built in 1999

Lot Details

  • Waterfront
  • Property is zoned Res-1

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Stone Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • Wood Burning Fireplace
  • Propane Fireplace
  • Great Room with Fireplace
  • Screened Porch
  • Water Views
  • Basement
  • Apartment Living Space in Basement
  • Laundry Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Deck
  • Fire Pit

Schools

  • Troy Elementary School
  • West Middle School
  • Montgomery Central High School

Utilities

  • Zoned Heating and Cooling System
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 6672-10-45-4247

Community Details

Overview

  • Uwharrie Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Putting Green
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,128

Year Built

Built in 1999

Lot Details

0

HOA Fees

$257 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Second Living Quarters: Separate Entrance,Other - See Remarks
  • Road Surface Type: Brick, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 367.91
  • Geocode Confidence: High
  • Attribution Contact: rob@oldnorthstaterealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2910
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 406
  • Appliances: Dishwasher, Microwave, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 3316
  • Has Basement: Apartment
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room, Primary Bedroom, Propane, Wood Burning
  • Living Area: 3316
  • Bedroom Main: 4
  • Room Count: 9
  • Sq Ft Other: 452

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Badin Lake
  • Waterfront Features: None
  • Construction Type: Stone, Synthetic Stucco
  • Patio And Porch Features: Covered, Deck, Screened

Garage/Parking

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

Utilities

  • Heating: Floor Furnace, Zoned
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf, Putting Green, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 770
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 3080.00

Schools

  • Middle Or Junior School: West
  • HOA Subject To: Required

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Area: 1.58
  • Lot Size Units: Acres
  • Parcel Number: 6672-10-45-4247
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res-1

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Troy
  • High School: Montgomery Central

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Jan 31, 2025
Sold by
Patton William Frank and Patton Tina L
Bought by
Matthews Charles Russell and Yoakum Matthews Kimberly
Seller's Agent
Rob Brady
Old North State Realty
Buyer's Agent
Adyson Lowe
Realty One Group Revolution
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%
Views
4
Current Estimated Value
$1,233,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,366
Avg. Annual Appreciation
-0.59%
Original Mortgage
$400,000
Outstanding Balance
$399,323
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$817,865

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 22, 2019
Sold by
James Winfred A and Dunn Cathy Y
Bought by
Patton William Frank and Patton Tina L
Seller's Agent
John Beck
John Christian Luxury Real Estate
Buyer's Agent
John Beck
John Christian Luxury Real Estate
Sold Price
$760,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 22, 2018
Sold by
Gentry Marvin D and Gentry Caroline G
Bought by
James Winfred A and Dunn Cathy Y
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%
Original Mortgage
$453,100
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Bunting Bryan J and Bunting Janice A
Bought by
Gentry Marvin D and Gentry Caroline G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,220,000 None Listed On Document
Warranty Deed $760,000 None Available
Warranty Deed $775,000 None Available
Warranty Deed $1,025,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $453,100 New Conventional
Previous Owner $400,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2025 02/05/25 Sold $1,220,000 -6.2% $368 / Sq Ft
12/02/2024 12/02/24 For Sale $1,300,000 +71.1% $392 / Sq Ft
06/16/2021 06/16/21 Off Market $760,000 -- --
07/22/2019 07/22/19 Sold $760,000 -1.9% $245 / Sq Ft
03/23/2018 03/23/18 Sold $775,000 -2.5% $250 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $795,000 -- $256 / 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 $5,128 $748,602 $194,500 $554,102
2023 $5,128 $748,602 $194,500 $554,102
2022 $5,128 $748,602 $194,500 $554,102
2021 $5,016 $748,602 $194,500 $554,102
2020 $5,016 $748,602 $194,500 $554,102
2018 $5,689 $842,800 $317,400 $525,400
2017 $5,689 $842,800 $317,400 $525,400
2016 $5,689 $842,800 $317,400 $525,400
2015 $5,373 $842,800 $0 $0
2014 $5,373 $842,826 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4203867

Canopy MLS (Canopy Realtor® Association)

APN: 6672-10-45-4247