NOT LISTED FOR SALE

128 Summer Lake Dr New London, NC 28127

Estimated Value: $534,000 - $636,000

0.89 Acre
$632,028 Price per Acre
38,768 Sq Ft Lot

Last Sold May 16, 2022

Last sale price $10,500

Est. 5,257% increase in value since last sale

Current estimated payment $3,176/month

81 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Wooded Lot
  • Gated Community
  • Clubhouse
  • Cul-De-Sac

About This Lot

As of May 2022

Have you been looking for a great location to build your dream home? Take a look at this wooded lot in this gated residential community adjacent to Badin Lake. Only one other homes has been built on this cul-de-sac giving this location a degree of privacy not often found in a gated community. Yet it's close to all the amenities offered. Magnificent lake-front owners clubhouse, walking trails, community day-use boat slips, community boat storage and boat launch, and of course access to Badin Lake, a 5,300 acre aquatics playground with excellent boating and fishing. And if you like to hunt, hike, or ride ATVs, there's 46,000 acres of the Uwharrie National Forest close by for even more outdoor living. Come check out Heron Bay, and perhaps you'll agree it's worth living here.

Last Agent to Sell the Property

Greg Adams

Reeves Realty & Associates License #275064 Listed on: 02/24/2022

Reeves Realty & Associates

Last Buyer's Agent

Roy Pegram

East Coast Auction & Realty Inc License #234164

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,729

Lot Details

  • Cul-De-Sac
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as Res 1

HOA Fees

  • $73 Monthly HOA Fees

Basement

  • Crawl Space

Schools

  • Troy Elementary School
  • West Montgomery Middle School
  • West Montgomery High School

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 3
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6662-08-99-1405

Community Details

Overview

  • Henderson Association, Phone Number (704) 535-1122
  • Heron Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Trails
  • Access To Lake

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,729

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 11797.75
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: Paved Road, Private Maintained Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Exterior Features: Underground Power Lines
  • Tax Location: New London
  • Construction Type: Site Built
  • Wooded Acres: 0.89
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 3
  • Utilities: Cable Available, Electricity Available, Telephone On-Site
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake, Lake Access, Street Lights, Walking Trails
  • Association Fee: 879
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Henderson
  • Phone: 704-535-1122
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: West Montgomery
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 6662-08-99-1405
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Lot Size: 44*339*227*227
  • Zoning Description: Res 1

Tax Info

  • RATIO List Price By Tax Amount: 0.74909

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Troy
  • High School: West Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Rann Teresa Mae
Bought by
Rann Teresa Mae and Davis Sophia
Current Estimated Value
$562,505

Purchase Details

Listed on
Feb 24, 2022
Closed on
May 16, 2022
Sold by
Rudisel Kevin M and Rudisel Yvette Nettie
Bought by
Rann Teresa Mae
Seller's Agent
Greg Adams
Reeves Realty & Associates
Buyer's Agent
Roy Pegram
East Coast Auction & Realty Inc
List Price
$10,500
Sold Price
$10,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
217.06%

Purchase Details

Closed on
Nov 1, 1995
Bought by
Rudisel Kevin M
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
Rann Teresa Mae -- None Listed On Document
Rann Teresa Mae $10,500 Meek Law Firm Pc
Rudisel Kevin M $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $10,500 0.0% --
02/24/2022 02/24/22 For Sale $10,500 -- --
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 $1,729 $252,364 $14,017 $238,347
2024 $1,729 $252,364 $14,017 $238,347
2023 $96 $14,017 $14,017 $0
2022 $96 $14,017 $14,017 $0
2021 $94 $14,017 $14,017 $0
2020 $94 $14,017 $14,017 $0
2018 $216 $32,000 $32,000 $0
2017 $216 $32,000 $32,000 $0
2016 $216 $32,000 $32,000 $0
2015 $202 $32,000 $0 $0
2014 $202 $32,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3832802

Canopy MLS (Canopy Realtor® Association)

APN: 6662-08-99-1405