NOT LISTED FOR SALE

12530 Preservation Pointe Dr Charlotte, NC 28216

Mountain Island Neighborhood

Estimated Value: $1,431,000 - $1,877,000

6 Beds
5.5 Baths
6,707 Sq Ft
$247/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,170,000 $174 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $10,179/month

172 Days on Market

Highlights

  • Waterfront
  • Clubhouse
  • Transitional Architecture
  • Community Lake
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2021

My, what a fine, fine home.... Custom built with attention to every detail and likely the best value on Mountain Island Lake. 3 floors with 6 BR, 5 1/2 BA, ~6700 SF, 3-car garage, chef's kitchen, lots of hardwoods, dual staircases, conditioned wine cellar, 3 fireplaces--1 in the master bath, 1 beautiful home office w/ options for more, layout offering privacy and separation for all, room inside and out to accommodate hobbies, botanical-garden-like setting w/ irrigation from lake, Koi pond, water fountain and so much more. You get all of this and it's even waterfront with its own floating dock. If you're looking for panoramic lake views, this may not be the home for you. But if you want a home that has everything you could possibly need, has been meticulously maintained, has lots of beautiful trees and a quite, private lake cove and private dock as added benefits, this could be it. Basement easily converted to 2nd Living Quarters. Really--come see for yourself. Just, ahhhh....

Last Agent to Sell the Property

Paula Birmingham

Allen Tate Huntersville License #222835 Listed on: 09/19/2020

Allen Tate Huntersville

Last Buyer's Agent

Matt Lunsford

1221 Real Estate LLC License #235179

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Waterfront
  • Irrigation
  • Wooded Lot

HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Gas Log Fireplace
  • Window Treatments
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Outdoor Kitchen
  • Fire Pit
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Listing and Financial Details

  • Assessor Parcel Number 023-295-16

Community Details

Overview

  • Braesel Association, Phone Number (704) 847-3507
  • Built by Helms Construction
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$118 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97908
  • Ratio Close Price By Original Li: 0.97908
  • Ratio Current Price By Acre: 1392857.14
  • Ratio Current Price By Sq Ft: 174.44
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1663
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Double Oven, Grilltop, Ice Maker Connection, Microwave, Natural Gas, Refrigerator, Security System, Self Cleaning Oven, Warming Drawer, Wine Refrigerator
  • Fireplace Description: Gas Logs, Great Room, Natural Gas, Rec Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Sq Ft Additional: 1700
  • Sq Ft Basement: 1953
  • Main Level Sq Ft: 3091
  • Total Sq Ft: 6707
  • Sq Ft Unheated Basement: 182
  • Sq Ft Unheated Main: 805
  • Sq Ft Unheated Total: 987

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit, In-Ground Gas Grill, In-Ground Irrigation, Outdoor Kitchen, Workshop

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Humidifier
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Playground, Recreation Area, Security, Sidewalk, Tennis Court(s), Walking Trails
  • Association Fee: 1215.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesel
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee: 207.50
  • Association #2 Fee Frequency: Annually

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 129x374x78x342
  • Lot Features: Lake, Waterfront, Wooded
  • Lot Size Area: 0.840
  • Parcel Number: 023-295-16
  • Plat Reference Section Pages: 680
  • Zoning Specification: R5

Building Info

  • Builder Name: Helms Construction

Tax Info

  • Tax Value: 1173400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
May 20, 2021
Sold by
Vaughn Robert D and Vaughn Monique A
Bought by
Spivey Andrew W
Seller's Agent
Paula Birmingham
Allen Tate Huntersville
Buyer's Agent
Matt Lunsford
1221 Real Estate LLC
List Price
$1,195,000
Sold Price
$1,170,000
Premium/Discount to List
-$25,000
-2.09%
Current Estimated Value
$1,684,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,023
Avg. Annual Appreciation
7.32%
Original Mortgage
$825,000
Outstanding Balance
$703,758
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$873,603

Purchase Details

Closed on
Oct 18, 2011
Sold by
Vaughn Robert D and Vaughn Monique A
Bought by
Vaughn Robert D and Vaughn Monique A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2000
Sold by
Helms Builders Inc
Bought by
Vaughn Robert D and Vaughn Monique A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,650
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Spivey Andrew W $1,170,000 Cardinal Title
Vaughn Robert D -- None Available
Vaughn Robert D $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spivey Andrew W $100,000
Open Spivey Andrew W $825,000
Previous Owner Vaughn Robert D $389,000
Previous Owner Vaughn Robert D $440,000
Previous Owner Vaughn Robert D $437,500
Previous Owner Vaughn Robert D $834,650
Previous Owner Helms Builders Inc $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,170,000 -2.1% $174 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
09/19/2020 09/19/20 For Sale $1,195,000 -- $178 / 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
2023 $10,633 $1,430,700 $175,000 $1,255,700
2022 $11,449 $1,173,400 $210,000 $963,400
2021 $11,438 $1,173,400 $210,000 $963,400
2020 $11,430 $1,173,400 $210,000 $963,400
2019 $11,415 $1,173,400 $210,000 $963,400
2018 $12,244 $927,700 $150,000 $777,700
2017 $12,071 $927,700 $150,000 $777,700
2016 $12,062 $927,700 $150,000 $777,700
2015 $12,050 $927,700 $150,000 $777,700
2014 $11,977 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3661913

Canopy MLS (Canopy Realtor® Association)

APN: 023-295-16