NOT LISTED FOR SALE

127 Rustic Way Ln Mooresville, NC 28117

Estimated Value: $325,335 - $417,000

3 Beds
2 Baths
1,806 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $255,000 $141 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,998/month

124 Days on Market

Highlights

  • Wooded Lot
  • Vaulted Ceiling
  • Walk-In Closet
  • Lakeshore Elementary School Rated A-
  • Fireplace
  • Carpet

About This Home

As of November 2021

This 1.5 story home located on a wooded, private 0.54 acre lot on a dead end road is waiting for your personal touch; Property backs up to the woods; 2 driveways - 1 to the home and 1 to the carport on the right side of the lot; Roof was new in July 2021; Damaged ceiling sheetrock to be replaced in the kitchen, den and stairway; Galley kitchen with white cabinets; Dining area with a sliding glass door to the rear deck; Living room with a vaulted ceiling and a free standing wood burning stove; 1st flr Master Bedroom with a walk-in closet; Connecting full bathroom to the MBR; 1st flr Den with a vaulted ceiling and a walk-in closet; 2BRS on the 2nd floor, each with a closet; HVAC system is approx 8-9 years old; Water heater is approximately 9 years old; No HOA! Desirable Lake Norman school district; Home is located minutes away from Queens Landing and 2 separate public boat ramps in to Lake Norman; Home is being sold "as is"; Rustic Way Ln is a gravel road and its entrance was just paved;

Last Agent to Sell the Property

Bob Warchol

Keller Williams Unified License #225597 Listed on: 06/07/2021

Keller Williams Unified

Last Buyer's Agent

Charles Kallmayer

Coldwell Banker Realty License #327598

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4638-11-8480.000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.98456
  • Ratio Close Price By Original Li: 0.98456
  • Ratio Current Price By Acre: 472222.22
  • Ratio Current Price By Sq Ft: 141.20
  • Year Built: 1983
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 529
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Oven
  • Fireplace Description: Living Room, Woodstove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Closet
  • Room Count: 2
  • Main Level Sq Ft: 1277
  • Total Sq Ft: 1806

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

  • Middle Or Junior School: Lakeshore

Lot Info

  • Lot Dimension: 135' x 175' x 135' x 175'
  • Lot Features: Trees, Wooded
  • Parcel Number: 4638-11-8480.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 174940.00
  • Tax Location: Mooresville

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Oct 28, 2021
Sold by
Maly Jeremy and Maly Deneen
Bought by
Magee James Michael and Magee Anne Marie
Seller's Agent
Bob Warchol
Keller Williams Unified
Buyer's Agent
Charles Kallmayer
Coldwell Banker Realty
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Current Estimated Value
$358,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,334
Avg. Annual Appreciation
8.92%
Original Mortgage
$242,250
Outstanding Balance
$221,639
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$136,695

Purchase Details

Closed on
May 31, 2007
Sold by
Carrigan Steven J and Carrigan April M
Bought by
Maly Jeremy and Maly Deneen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,400
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Adams Jeffrey T and Adams Melissa B
Bought by
Carrigan Steven J and Carrigan April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,308
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 1998
Sold by
Stickle David G and Stickle Candice C
Bought by
Adams Jeffrey T and Adams Melissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,500
Interest Rate
7.1%

Purchase Details

Closed on
Sep 1, 1994

Purchase Details

Closed on
Sep 1, 1984
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magee James Michael $255,000 None Available
Maly Jeremy $185,000 None Available
Carrigan Steven J $141,500 --
Adams Jeffrey T $124,500 --
-- $91,500 --
-- $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magee James Michael $242,250
Previous Owner Maly Jeremy $150,400
Previous Owner Carrigan Steven J $139,308
Previous Owner Adams Jeffrey T $89,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $255,000 -1.5% $141 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $259,000 0.0% $143 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $259,000 0.0% $143 / Sq Ft
02/01/2018 02/01/18 Rented $1,250 -7.4% --
01/30/2018 01/30/18 Under Contract -- -- --
01/04/2018 01/04/18 For Rent $1,350 +20.0% --
08/15/2014 08/15/14 Rented $1,125 +4.7% --
08/06/2014 08/06/14 Under Contract -- -- --
08/04/2014 08/04/14 For Rent $1,075 +2.4% --
06/15/2012 06/15/12 Rented $1,050 0.0% --
05/16/2012 05/16/12 Under Contract -- -- --
03/19/2012 03/19/12 For Rent $1,050 -- --
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 $1,428 $231,820 $40,000 $191,820
2023 $1,428 $231,820 $40,000 $191,820
2022 $1,158 $174,940 $35,000 $139,940
2021 $1,154 $174,940 $35,000 $139,940
2020 $1,154 $174,940 $35,000 $139,940
2019 $1,101 $174,940 $35,000 $139,940
2018 $993 $157,510 $45,000 $112,510
2017 $993 $157,510 $45,000 $112,510
2016 $993 $157,510 $45,000 $112,510
2015 $993 $157,510 $45,000 $112,510
2014 $959 $163,400 $45,000 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3749419

Canopy MLS (Canopy Realtor® Association)

APN: 4638-11-8480.000