NOT LISTED FOR SALE

126 Colvard Farms Ln Unit 520 Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $1,245,868 - $1,418,000

4 Beds
3.5 Baths
4,313 Sq Ft
$306/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $752,500 $174 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,465/month

72 Days on Market

Highlights

  • In Ground Pool
  • Community Lake
  • Private Lot
  • Woodland Heights Elementary School Rated A-
  • Clubhouse
  • Transitional Architecture

About This Home

As of February 2019

Meticulous, beautifully appointed home on private cul-de-sac lot with backyard oasis. Large patio surrounds salt water pool with waterfall. Great indoor/outdoor flow for entertaining. Enjoy view of Lake Norman during the winter months and secluded, fenced in backyard the rest of the year. Upgraded kitchen with island and double oven has two pantries. Home boasts popular master on main and six rooms upstairs including two bonus areas. Many custom upgrades designed by professional organizer throughout home. Three car stunningly organized garage, built ins, LED landscape lighting, and updated cabinets and drawers.

Last Agent to Sell the Property

Amy Gordon

EXP Realty LLC Mooresville License #279320 Listed on: 10/24/2018

EXP Realty LLC Mooresville

Last Buyer's Agent

Terri Church

Century 21 Lawrie Lawrence License #192499

Century 21 Lawrie Lawrence

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • Private Lot
  • Irrigation
  • Many Trees

HOA Fees

  • $123 Monthly HOA Fees

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Outdoor Features

  • In Ground Pool
  • Fire Pit

Utilities

  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4627-21-1129

Community Details

Overview

  • Main Street Management Group Association, Phone Number (704) 255-1266
  • Built by Craig Carter Builders
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$123 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.99144
  • Ratio Close Price By Original Li: 0.99144
  • Ratio Current Price By Acre: 745049.50
  • Ratio Current Price By Sq Ft: 174.47
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2025
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Double Oven, Disposal, Dryer, Dishwasher, Gas Range, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Self Cleaning Oven, Security System, Washer, Natural Gas, Gas Oven
  • Fireplace Description: Den, Gas Unvented, Gas Vented, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Light above pool table does not convey
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Walk-in, Built-Ins, Cable Available, Garage Shop, Walk-In Closet(s), Whirlpool, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2288
  • Total Sq Ft: 4313
  • Sq Ft Unheated Main: 1326
  • Sq Ft Unheated Total: 1616
  • Sq Ft Unheated Upper: 290

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, In-Ground Irrigation, Pool-In-Ground, Satellite Internet Available, Wired Internet Available

Garage/Parking

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

Utilities

  • Heating: Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: Septic Tank
  • Water: Community Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Club House, Lake, Playground, Outdoor Pool, Recreation Area, Sidewalk, Tennis Court(s), Walking Trails
  • Association Fee: 737.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Main Street Management Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodland Heights
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 199x197x289x256
  • Lot Features: Artificial Waterfall, Cul-de-sac Lot, Lake Access, Private, Trees, Winter View
  • Lot Size Area: 1.010
  • Parcel Number: 4627-21-1129
  • Plat Reference Section Pages: 2448-2449
  • Zoning Specification: R20

Building Info

  • Builder Name: Craig Carter Builders

Tax Info

  • Tax Value: 653350.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Feb 7, 2019
Sold by
Baron Dennis A and Baron Donna A
Bought by
Thompson Jeremy W and Thompson Deborah Traylor
Seller's Agent
Amy Gordon
EXP Realty LLC Mooresville
Buyer's Agent
Terri Church
Century 21 Lawrie Lawrence
List Price
$759,000
Sold Price
$752,500
Premium/Discount to List
-$6,500
-0.86%
Current Estimated Value
$1,296,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,907
Avg. Annual Appreciation
8.81%
Original Mortgage
$155,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2008
Sold by
Craig Carter Builder Inc
Bought by
Baron Dennis A and Baron Donna A

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
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
The Farms Llc
Bought by
Craig Carter Builder Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
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
Thompson Jeremy W $752,500 First American Title
Baron Dennis A $668,000 None Available
Craig Carter Builder Inc $82,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Jeremy W $500,000
Closed Thompson Deborah Traylor $485,000
Closed Thompson Jeremy W $155,000
Closed Thompson Jeremy W $484,350
Previous Owner Baron Dennis A $150,000
Previous Owner Baron Dennis A $197,795
Previous Owner Baron Dennis A $300,000
Previous Owner Craig Carter Builder Inc $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2019 02/20/19 Sold $752,500 -0.9% $174 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $759,000 -- $176 / 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
2024 $5,542 $929,180 $180,000 $749,180
2023 $5,542 $929,180 $180,000 $749,180
2022 $4,205 $660,500 $108,000 $552,500
2021 $4,201 $660,500 $108,000 $552,500
2020 $4,201 $660,500 $108,000 $552,500
2019 $3,989 $636,880 $108,000 $528,880
2018 $3,956 $653,350 $84,000 $569,350
2017 $3,956 $653,350 $84,000 $569,350
2016 $3,956 $653,350 $84,000 $569,350
2015 -- $653,350 $84,000 $569,350
2014 $3,468 $615,580 $84,000 $531,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3446555

Canopy MLS (Canopy Realtor® Association)

APN: 4627-21-1129.000