$775,000
SOLD MAR 23, 2018

124 Gladstone Springs Rd New London, NC 28127

4 Beds
3.5 Baths
3,800 Sq Ft
1.58 Acres

Recently Sold

$204 Per Sq Ft

3% Below List Price

16 Days on Market

Highlights

  • Lake Front
  • Screened Porch
  • 2 Car Attached Garage
  • Living Room with Fireplace
  • Skylights
  • Built-In Features

About This Home

As of February 2025

Immaculate one level lake front home. Private and secluded, spectacular lake front views. Easy access to the lake. Rare 4 bedrooms on main level, rec room over garage and fitness room in basement. Grand kitchen, dining, and living area ideal for families and entertaining. Kitchen is a gourmet cooks delight. Finished detail is top notch in every aspect. Located in the Old North State Club at Uwharrie Point gated community.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,689

Year Built

  • Built in 1999

Lot Details

  • 1.58 Acre Lot
  • Lake Front
  • Property is zoned Res-1

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Stucco
  • Stone

Interior Spaces

  • 3,535 Sq Ft Home
  • 3,100-3,800 Sq Ft Home
  • Property has 1 Level
  • Wet Bar
  • Built-In Features
  • Skylights
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Laundry on main level
  • Finished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Schools

  • West Middle School
  • West Montgomery High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Uwharrie Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 667210454247
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,689

Year Built

Built in 1999

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.58
  • Subdivision Name: Uwharrie Point
  • Directions: From Greensboro take US Rt. 220 S. to NC Rt. 49 S. Follow NC Rt. 49 S. towards Charlotte approx. 25 miles to a flashing light (service station) turn left. Follow the directional sigh @ 3 miles to the Old North State Club at Uwharrie Point entry gate.
  • Above Grade Finished Sq Ft: 3535
  • Unit Levels: 1 Story w/upper bonus room
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 200 - 300
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3100 - 3800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven,Built-in Refrigerator,Cook Top,Dishwasher,Exhaust Fan, Water Heater: Electric
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Furniture, Laundry Room - Main Level, Pantry, Skylight, Wet Bar
  • Has Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 266
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Living Area: 3535
  • Main Level Bathrooms: 4
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Covered Porch, Patio, Paved Drive, Screened Porch
  • Lot Features: Lake Front
  • Pool Features: None
  • Construction Type: Stone, Stucco-EIFS
  • Foundation Details: Basement
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Paved Drive, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 540
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Troy
  • High School: West Montgomery
  • Middle Or Junior School: West

Lot Info

  • Parcel #: 667210454247
  • Zoning: Res-1
  • TRIADMLS_PricePerAcre: 503164.557
  • TRIADMLS_DeedPage: 131
  • TRIADMLS_DeedBook: 576
  • TRIADMLS_PlatBook: C-95A
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 5689
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.67

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
$1,160,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,917
Avg. Annual Appreciation
-9.96%
Original Mortgage
$400,000
Outstanding Balance
$399,323
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$760,760

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: Triad MLS

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: Triad MLS

MLS Number: 873738

Triad MLS

APN: 6672-10-45-4247