NOT LISTED FOR SALE

12551 Overlook Mountain Dr Charlotte, NC 28216

Mountain Island Neighborhood

Estimated Value: $818,470 - $1,002,000

4 Beds
3.5 Baths
3,471 Sq Ft
$258/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $475,000 $137 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,513/month

47 Days on Market

Highlights

  • Boat or Launch Ramp
  • Deck
  • Transitional Architecture
  • Clubhouse
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2017

Awesome home in lake community, first floor open plan provides comfort and elegance, transom windows provide natural light, Master Down, gorgeous rotunda like breakfast room with sky lites. spacious screened porch and covered patio area, prof. landscaped, fenced rear yard, 2 additional bdrms on first floor, jack n jill bath, updated kitchen open, 4th b and huge bonus room w storage on 2nd fl...walking trails, boat launch, pool, playground clubhse all so very convenient to Charlotte, rds, etc.

Last Agent to Sell the Property

Adelle Webb

Ranson Real Estate Inc Brokerage Email: awebb4468@aol.com License #131699 Listed on: 06/25/2017

Last Buyer's Agent

Amelia Hinson

Cottage Real Estate License #293444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,782

Year Built

  • Built in 1998

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 108x227x113x218
  • Fenced
  • Wooded Lot
  • Property is zoned R5

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Asbestos Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Great Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Storm Windows

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Boat or Launch Ramp
  • Deck

Schools

  • Mountain Island Lake Academy Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 023-291-69

Community Details

Overview

  • Braessel Management Association, Phone Number (704) 847-3507
  • Built by Robert Ingraham Homes
  • Overlook Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,782

Year Built

Built in 1998

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1998
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Special Assessment Desc: No
  • Road Surface Type: Concrete
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 136.85
  • Attribution Contact: awebb4468@aol.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire, Garden Tub, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2536
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 192
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 192
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 935
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Gas Cooktop, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 3471
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room
  • Living Area: 3471
  • Window Features: Storm Window(s)
  • Bedroom Main: 3
  • Room Count: 12
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Asbestos Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: Boat Ramp, Boat Ramp – Community, Lake
  • Construction Type: Brick Full
  • Patio And Porch Features: Deck, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Playground, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1045
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Braessel Management
  • Phone: 704-847-3507
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually
  • Association Email: info@braesael.com

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.571
  • Lot Size Units: Acres
  • Parcel Number: 023-291-69
  • Lot Size Acres: 0.571
  • Lot Size: 108x227x113x218
  • Lot Size Sq Ft: 24872
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Robert Ingraham Homes

MLS Schools

  • Elementary School: Mountain Island Lake Academy
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2017
Closed on
Sep 22, 2017
Sold by
Reed Richard S and Reed Theresa S
Bought by
Oliver David Kevin and Oliver Lynn M
Seller's Agent
Adelle Webb
Ranson Real Estate Inc
Buyer's Agent
Amelia Hinson
Cottage Real Estate
List Price
$489,900
Sold Price
$475,000
Premium/Discount to List
-$14,900
-3.04%
Total Days on Market
47
Current Estimated Value
$895,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,618
Avg. Annual Appreciation
8.53%
Original Mortgage
$250,000
Outstanding Balance
$207,093
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$685,206

Purchase Details

Closed on
Jun 27, 2016
Sold by
Stephens Charles David and Stephens Patricia Anne
Bought by
Reed Richard S and Reed Theresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Stephens Charles David and Stephens Patricia A
Bought by
Stephens Charles David and Stephens Patricia Anne

Purchase Details

Closed on
Apr 28, 2005
Sold by
Cossar Jeffrey S and Cossar Alison M
Bought by
Stephens Charles David and Stephens Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,500
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2002
Sold by
Prudential Residential Svcs Ltd Prtnrshp
Bought by
Cossar Jeffrey S and Cossar Alison M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,650
Interest Rate
4.97%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Robert Ingraham Homes Inc
Bought by
Aaker Edward Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.02%
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 Buyer Sale Price Title Company
Oliver David Kevin $475,000 None Available
Reed Richard S $420,000 None Available
Stephens Charles David -- --
Stephens Charles David $412,500 Lawyers Title Insurance Co
Cossar Jeffrey S $350,000 --
Prudential Residential Svcs Ltd Prtnrshp $350,000 --
Aaker Edward Martin $315,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver David Kevin $250,000
Previous Owner Reed Richard S $300,000
Previous Owner Stephens Charles David $63,000
Previous Owner Stephens Charles David $57,500
Previous Owner Cossar Jeffrey S $35,000
Previous Owner Cossar Jeffrey S $314,650
Previous Owner Aaker Edward Martin $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2017 09/22/17 Sold $475,000 -3.0% $137 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
06/25/2017 06/25/17 For Sale $489,900 -- $141 / 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 $4,782 $642,400 $140,000 $502,400
2022 $4,782 $482,500 $125,000 $357,500
2021 $4,771 $482,500 $125,000 $357,500
2020 $4,763 $482,500 $125,000 $357,500
2019 $4,748 $482,500 $125,000 $357,500
2018 $5,193 $390,200 $90,000 $300,200
2017 $5,114 $390,200 $90,000 $300,200
2016 $5,104 $390,200 $90,000 $300,200
2015 $5,093 $390,200 $90,000 $300,200
2014 $5,074 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3290449

Canopy MLS (Canopy Realtor® Association)

APN: 023-291-69