NOT LISTED FOR SALE

125 Hawks Point Dr Fallstown, NC 28166

Estimated Value: $928,163 - $1,033,000

2.79 Acres
$351,463 Price per Acre
121,532 Sq Ft Lot

Last Sold August 31, 2022

Last sale price $865,000

Est. 13% increase in value since last sale

Current estimated payment $5,706/month

95 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Waterfront
  • Private Lot
  • Trails

About This Lot

As of August 2022

One of the largest lots available on beautiful LAKE NORMAN. Peninsula lakefront lot with 2.79 acres and 620+/- feet of frontage looking out at Lake Norman State Park. Newly installed rip raft and cleared lot. Well install in progress and Site ready to build on with site plans available. Previously approved for a dock on Lake Norman.
Septic Approved for a 4 bedroom home. Come see for yourself this amazing one of a kind lot with 360 degree views of beautiful Lake Norman. This waterfront opportunity will not last long! Call for more details or schedule in showing time to walk the property.

Last Agent to Sell the Property

Libby Allison

NextHome World Class License #303873 Listed on: 05/28/2022

NextHome World Class

Last Buyer's Agent

Kristi Hand

Titan Realty, Inc. License #216815

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential
  • Property is zoned RA, R20

Utilities

  • Septic Equal To The Number Of Bedrooms: 6

Listing and Financial Details

  • Assessor Parcel Number 4629-54-2171.000

Community Details

Overview

  • Hawkes Bay Subdivision
  • Mandatory Home Owners Association
  • Community Lake
  • Near a National Forest

Recreation

  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 310035.84
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Paved Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: See Remarks
  • Fixture Exception Yn: 0
  • Possible Use: Private Estate, Residential

Exterior Features

  • Tax Location: Troutman
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Other

Utilities

  • Sewer: Other
  • Bedrooms Septic: 6
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well, Other

Condo/Co-op/Association

  • Community Features: Lake, Lake Access, Sidewalks, Street Lights, Walking Trails
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Adjoins Forest, Cleared, Lake On Property, Level, Open Lot, Private, Wooded, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 4629-54-2171.000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 1
  • Cleared Acres: 2.79
  • Zoning Description: R20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.99667

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2022
Closed on
Aug 23, 2022
Sold by
Peniston and Juliet
Bought by
Schlueter Raymond S and Mori Masako
Seller's Agent
Libby Allison
NextHome World Class
Buyer's Agent
Kristi Hand
Titan Realty, Inc.
List Price
$949,000
Sold Price
$865,000
Premium/Discount to List
-$84,000
-8.85%
Views
4
Current Estimated Value
$980,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,582
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
May 5, 2020
Closed on
Oct 7, 2020
Sold by
Mccombs Marvin William and Mccombs Peggy Sledd
Bought by
Peniston Nathaniel and Peniston Juliet
Seller's Agent
Steve Rogers
S Rogers Properties
Buyer's Agent
Libby Allison
NextHome World Class
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%

Purchase Details

Closed on
Jun 20, 2000
Sold by
Crescent Communities Nc Inc
Bought by
Mccombs Marvin William and Mccombs Peggy Sledd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
8.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Schlueter Raymond S $865,000 Donaldson & Webb Pllc
Peniston Nathaniel $585,000 Meridian Title Company
Mccombs Marvin William $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccombs Marvin William $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2022 08/31/22 Sold $865,000 -3.8% --
06/08/2022 06/08/22 Price Changed $899,000 -5.3% --
05/28/2022 05/28/22 For Sale $949,000 +62.2% --
10/09/2020 10/09/20 Sold $585,000 -10.0% -- View Prior Sale
10/01/2020 10/01/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $649,900 -- --
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
2025 $6,949 $1,148,140 $850,000 $298,140
2024 $6,949 $850,000 $850,000 $0
2023 $5,100 $850,000 $850,000 $0
2022 $1,883 $300,000 $300,000 $0
2021 $1,883 $300,000 $300,000 $0
2020 $1,883 $300,000 $300,000 $0
2019 $1,808 $300,000 $300,000 $0
2018 $1,793 $300,000 $300,000 $0
2017 $1,793 $300,000 $300,000 $0
2016 $1,793 $300,000 $300,000 $0
2015 $1,793 $300,000 $300,000 $0
2014 -- $228,000 $228,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3864597

Canopy MLS (Canopy Realtor® Association)

APN: 4629-54-2171.000