NOT LISTED FOR SALE

1241 Panther Point Rd Richfield, NC 28137

Estimated Value: $755,000 - $778,963

2 Beds
3.5 Baths
4,000 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $700,000 $175 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,242/month

31 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • 3 Car Detached Garage
  • Detached Carport Space

About This Home

As of August 2022

Dreaming of lake life? This home will make your dream come true! Situated on a .76 acre lot that gently slopes to the water! The main level of the home features a two story great room open to the kitchen and dining room, the primary suite, a guest bedroom, laundry, and 2 full baths. The upper level has a huge bonus room, used as guest quarters, as septic is permitted for a 2 bedroom, and a half bath. In the finished basement you will find another full bath, and over 1500 sq. feet of space to use as you wish! The 2 car detached garage is heated and cooled and has an attached carport. There are 2 wells, one shared and used by sellers for irrigation only, and a new private well for the home use. Last but not least is the fabulous covered porch off the living room overlooking the lake and backyard! Take the easy walk down to the covered pavilion and your private dock. High Rock Lake is the 2nd largest lake in NC, and is about an hour from Charlotte or the Triad. Be sure to watch the tour!

Last Agent to Sell the Property

Regina Vance

Coldwell Banker Realty License #264235 Listed on: 06/30/2022

Coldwell Banker Realty

Last Buyer's Agent

Pam Pettus

Thomason Realty Group, LLC License #220742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 2014

Lot Details

  • 0.76

Parking

  • 3 Car Detached Garage
  • Detached Carport Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,781 Sq Ft Home
  • 3,400-4,000 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Additional Features

  • Porch
  • 0.76 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 505028
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.76
  • Lot Size: 92(wf) x 361 x 89 x 378
  • Subdivision Name: None
  • Directions: Right on Panther Point Rd. Home is on the right.
  • Above Grade Finished Sq Ft: 3781
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 2014
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1300 - 1700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Finished, Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3781
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 505028
  • Zoning: RES
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2668
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.7275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 15, 2022
Sold by
Williams John J and Williams Faye D
Bought by
Grant John Michael and Frazier Meredith
Seller's Agent
Regina Vance
Coldwell Banker Realty
Buyer's Agent
Pam Pettus
Thomason Realty Group, LLC
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$762,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,741
Avg. Annual Appreciation
2.53%
Original Mortgage
$450,000
Outstanding Balance
$430,864
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$331,877

Purchase Details

Closed on
May 28, 2010
Sold by
Wilson George Douglas and Wilson Cathy J
Bought by
Williams John J and Williams Faye D

Purchase Details

Closed on
Oct 25, 2007
Sold by
Kinney Rita Jackson
Bought by
Wilson George Douglas and Wilson Cathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,960
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Grant John Michael $700,000 Sink Irvin R
Grant John Michael $700,000 Sink Irvin R
Williams John J $157,500 None Available
Wilson George Douglas $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant John Michael $450,000
Closed Grant John Michael $450,000
Previous Owner Wilson George Douglas $135,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $700,000 0.0% $206 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $700,000 -- $206 / 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
2025 $3,518 $525,085 $117,500 $407,585
2024 $3,518 $525,085 $117,500 $407,585
2023 $3,518 $525,085 $117,500 $407,585
2022 $2,668 $356,864 $93,500 $263,364
2021 $2,668 $356,864 $93,500 $263,364
2020 $2,668 $356,864 $93,500 $263,364
2019 $2,668 $356,864 $93,500 $263,364
2018 $2,411 $325,308 $83,500 $241,808
2017 $2,411 $325,308 $83,500 $241,808
2016 $2,347 $325,308 $83,500 $241,808
2015 $2,383 $325,308 $83,500 $241,808
2014 $1,889 $269,058 $83,500 $185,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1075680

Triad MLS

APN: 505-028