NOT LISTED FOR SALE

129 Potomac Ln Mooresville, NC 28117

Estimated Value: $4,297,000 - $5,348,000

5 Beds
5.5 Baths
5,589 Sq Ft
$847/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $4,600,000 $823 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $27,436/month

9 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Open Floorplan
  • Coddle Creek Elementary School Rated A-
  • Waterfront
  • Living Room with Fireplace

About This Home

As of August 2022

Unparalleled, contemporary architecture designed by Mermans Architecture & passionately built by Grandfather Homes. Waterfront estate features resort-style pool w/ tanning ledge & spa, covered terrace w/ automated screens & fireplace, plus dock for immediate Lake Norman access. Open floor plan showcases water views from the moment you walk through the custom steel entry door. Jaw dropping kitchen w/ dual islands, custom range hood, and Thermador appliances. Entertaining is a breeze w/ the customizable wine room, scullery w/ secondary appliances, & dining room overlooking the lake. Main level primary suite w/ vaulted ceiling, soaking tub & rainhead shower, plus customizable walk-in closet. Main level guest suite w/ expansive floor to ceiling windows. Spacious bonus room w/ wet bar & 5.1 surround sound prewire. Control4 Smart Home Technology: lighting controls, four pairs of in-ceiling speakers, four additional speaker prewire zones, four camera prewires, four access point prewires.

Last Agent to Sell the Property

Matt Ewers

Grandfather Homes Inc. License #265995 Listed on: 07/19/2022

Co-Listed By

Missy Bagley

Grandfather Homes Inc. License #304184

Last Buyer's Agent

Robyn Oakley

EXP Realty LLC Mooresville License #280071

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,869

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 252x142
  • Waterfront
  • Fenced
  • Irrigation
  • Zoning described as RA

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Screened Porch
  • Crawl Space
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Fireplace in Patio
  • Outdoor Fireplace
  • Terrace
  • Pergola

Schools

  • Coddle Creek Elementary School
  • Woodland Heights Middle School
  • Lake Norman High School

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Grandfather Homes
  • The Preserve At Windsor Pointe Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4635-97-3136.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,869

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Modern
  • Year Built: 2022
  • Ratio Current Price By Acre: 6969696.97
  • Restrictions: Architectural Review
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 823.05
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3285
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 321
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 321
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 2304
  • Porch: Back,Screened
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Freezer, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Porch
  • Living Area: 5589
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation, Outdoor Fireplace, Pergola, In Ground Pool, Terrace
  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 3 Car

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Water Heater: g-On-Demand Water Heater
  • Laundry Features: Main Level, Upper Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 3000.00

Lot Info

  • Lot Features: Lake On Property, Lake Access, Long Range View, Water View, Waterfront, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 4635-97-3136.000
  • Plat Reference Section Pages: 1063
  • Lot Size: 252x142
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Grandfather Homes

Tax Info

  • RATIO List Price By Tax Amount: 10.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Coddle Creek
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 19, 2022
Sold by
Brunner Jeffrey P and Brunner Lauren E
Bought by
Lazy K Llc
Seller's Agent
Matt Ewers
Grandfather Homes Inc.
Buyer's Agent
Robyn Oakley
EXP Realty LLC Mooresville
List Price
$4,500,000
Sold Price
$4,600,000
Premium/Discount to List
$100,000
2.22%
Current Estimated Value
$4,734,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,239
Avg. Annual Appreciation
0.91%

Purchase Details

Listed on
Jul 19, 2022
Closed on
Aug 4, 2022
Sold by
Tango & Cash Llc
Bought by
Brunner Jeffrey P and Bowen Matthew W
Seller's Agent
Matt Ewers
Grandfather Homes Inc.
Buyer's Agent
Robyn Oakley
EXP Realty LLC Mooresville
List Price
$4,500,000
Sold Price
$4,600,000
Premium/Discount to List
$100,000
2.22%

Purchase Details

Closed on
Feb 26, 2021
Sold by
Timberline
Bought by
Tango & Cash Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,325,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Lazy K Llc $4,600,000 Kevin C Donaldson Jones Childe
Lazy K Llc $4,600,000 None Listed On Document
Brunner Jeffrey P -- Thomas & Webber Pllc
Tango & Cash Llc $878,000 Meridian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tango & Cash Llc $2,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $4,600,000 +2.2% $823 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $4,500,000 -- $805 / 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 $28,869 $4,591,730 $880,000 $3,711,730
2023 $27,151 $4,591,730 $880,000 $3,711,730
2022 $5,156 $812,690 $450,000 $362,690
2021 $2,824 $450,000 $450,000 $0
2020 $2,824 $450,000 $450,000 $0
2019 $2,689 $450,000 $450,000 $0
2018 $2,350 $400,000 $400,000 $0
2017 $2,350 $400,000 $400,000 $0
2016 $2,350 $400,000 $400,000 $0
2015 $2,330 $400,000 $400,000 $0
2014 $2,120 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3883971

Canopy MLS (Canopy Realtor® Association)

APN: 4635-97-3136.000