NOT LISTED FOR SALE

1292 Island Creek Dr Troy, NC 27371

Estimated Value: $632,153 - $757,000

2 Beds
2.5 Baths
1,809 Sq Ft
$382/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $487,000 $269 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,990/month

97 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • 2 Car Detached Garage
  • Deck
  • Screened Porch
  • Ceiling Fan

About This Home

As of October 2014

Morrow Mt. State Park & a big lake view! A fabulous new kitchen with new flooring, new appliances & new counter tops. Freshly painted & landscaped. Nice detached 2-car garage with 1/2 bath & heated & cooled workshop. Cathedral ceiling, stone fireplace with built-in cabinets. Nice heated & cooled sun room. Wonderful boathouse with covered seating area & open deck.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1988

Lot Details

  • 0.42 Acre Lot
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,809 Sq Ft Home
  • Property has 1 Level
  • Shelving
  • Ceiling Fan
  • Great Room with Fireplace
  • Screened Porch
  • Dishwasher
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Carolina Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 658919702422
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,962

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Subdivision Name: Carolina Forest
  • Directions: From Troy, take Hwy 24/27 going west toward Lake Tillery. Right on River Road to the entrance to Carolina Forest. At gate, stay to the right onto Island Creek Dr. Follow the road around to the water side past Point Oval. House is on the right.
  • Above Grade Finished Sq Ft: 1809
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1809
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Water Heater: Electric
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Shelves, Ceiling Fan(s), Laundry Room - Main Level
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1809
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Exterior Features: Deck, Screened Porch
  • Lot Features: Lake Front
  • Construction Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic
  • Laundry Features: Main Level
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes

Lot Info

  • Parcel #: 658919702422
  • Zoning: Res
  • TRIADMLS_DeedPage: 57
  • TRIADMLS_DeedBook: 619

Tax Info

  • Tax Annual Amount: 1962.03
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.5805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Sep 24, 2014
Sold by
Michaelson Martin J and Michaelson Jill K
Bought by
Pinnavaia Thomas P and Pinnavaia Stacie L
List Price
$539,000
Sold Price
$487,000
Premium/Discount to List
-$52,000
-9.65%
Current Estimated Value
$691,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,538
Avg. Annual Appreciation
2.69%
Original Mortgage
$365,250
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2008
Sold by
Hamblin Gary L and Hamblin Denae C
Bought by
Michaelson Martin J and Michaelson Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
Mackenzie Duane E and Mackenzie Lois W
Bought by
Hamblin Gary
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
Pinnavaia Thomas P $487,000 None Available
Michaelson Martin J -- --
Michaelson Martin J $499,000 --
Hamblin Gary $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnavaia Thomas Theodore $361,000
Closed Pinnavaia Thomas T $365,250
Previous Owner Michaelson Martin J $393,900
Previous Owner Michaelson Martin J $390,732
Previous Owner Michaelson Martin J $399,200
Previous Owner Hamblin Gary L $425,000
Previous Owner Hamblin Gary L $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $487,000 -9.6% $269 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $539,000 -- $298 / Sq Ft
Source: Triad MLS

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 $3,014 $440,517 $174,420 $266,097
2024 $3,014 $440,517 $174,420 $266,097
2023 $3,024 $440,517 $174,420 $266,097
2022 $3,034 $440,517 $174,420 $266,097
2021 $2,495 $351,398 $174,420 $176,978
2020 $2,506 $351,398 $174,420 $176,978
2018 $2,102 $339,100 $174,420 $164,680
2017 $2,283 $339,100 $174,420 $164,680
2016 $2,308 $339,100 $174,420 $164,680
2015 $1,962 $339,100 $0 $0
2014 $1,962 $339,088 $0 $0
Source: Public Records

Map

Source: Triad MLS

MLS Number: 707853

Triad MLS

APN: 6589-19-70-2422

North Carolina Montgomery County Troy 27371

1292 Island Creek Dr, Troy, NC

This home is located at 1292 Island Creek Dr, Troy, NC 27371 since 23 May 2014 and is currently estimated at $691,538, approximately $382 per square foot. This property was built in 1988. 1292 Island Creek Dr is a home located in Montgomery County with nearby schools including Mount Gilead Elementary School and West Middle School.

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