$500,000
SOLD NOV 12, 2024
2 Beds
1.5 Baths
1,500 Sq Ft
0.26 Acres

Recently Sold

$333 Per Sq Ft

23% Below List Price

72 Days on Market

Highlights

  • Waterfront
  • Laundry Room
  • Central Heating and Cooling System
  • Woodland Heights Elementary School Rated A-

About This Home

As of April 2025

Cute waterfront bungalow on Lake Norman with private dock. Put your finishing touches on this well-maintained home owned by the same family for 39 years! Would make the perfect condo alternative, vacation rental, 2nd home or full-time residence for those interested in living simply. 2 bedrooms and 1 bath on the main floor, fully finished walk-out basement with enclosed sunroom not included in the square footage. Nice sized laundry and half bath in basement. Good sized storage room, lovely Trex style deck with beautifully maintained lawn taking you down to the dock complete with boat lift included. Quiet neighborhood in the sought after lake community of Mooresville. Start to enjoy the lake life now!

Last Agent to Sell the Property

Shane Haffey

NorthGroup Real Estate LLC Brokerage Email: shanehaffey@att.net License #313832 Listed on: 07/17/2024

NorthGroup Real Estate LLC

Last Buyer's Agent

Giles Barker

Premier Sotheby's International Realty License #274707

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,318

Year Built

  • Built in 1979

Lot Details

  • Waterfront
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Laundry Room
  • Finished Basement

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Central Heating and Cooling System
  • Shared Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4636-50-1876.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,318

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1979
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 333.33
  • Geocode Confidence: High
  • Attribution Contact: shanehaffey@att.net
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 860
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range
  • Above Grade Finished Sq Ft: 860
  • Has Basement: Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 640
  • Living Area: 1500
  • Bedroom Main: 2
  • Room Count: 1
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: Shared Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.26
  • Lot Size Units: Acres
  • Parcel Number: 4636-50-1876.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 3, 2025
Sold by
Stiles Assets Llc
Bought by
Johnson Adam
Seller's Agent
Giles Barker
Premier Sotheby's International Realty
Buyer's Agent
Michelle Giolitti
NextHome World Class
List Price
$650,000
Sold Price
$650,000
Views
58
Current Estimated Value
$637,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,932
Avg. Annual Appreciation
-7.72%
Original Mortgage
$520,000
Outstanding Balance
$520,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$117,068

Purchase Details

Listed on
Jul 17, 2024
Closed on
Nov 12, 2024
Sold by
Smith Nola S and Smith Nola Speedy
Bought by
Stiles Assets Llc
Seller's Agent
Shane Haffey
NorthGroup Real Estate LLC
Buyer's Agent
Giles Barker
Premier Sotheby's International Realty
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.96%
Original Mortgage
$450,000
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 1986

Purchase Details

Closed on
Jun 1, 1985

Purchase Details

Closed on
Jun 1, 1974
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $650,000 Integrated Title
Warranty Deed $500,000 None Listed On Document
Deed -- --
Deed $65,000 --
Deed $5,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $520,000 New Conventional
Previous Owner $450,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $650,000 0.0% $475 / Sq Ft
01/31/2025 01/31/25 For Sale $650,000 +30.0% $475 / Sq Ft
11/12/2024 11/12/24 Sold $500,000 -8.9% $333 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $549,000 -8.5% $366 / Sq Ft
08/13/2024 08/13/24 Price Changed $600,000 -7.7% $400 / Sq Ft
07/17/2024 07/17/24 For Sale $650,000 -- $433 / 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 $3,318 $519,880 $367,500 $152,380
2023 $3,127 $519,880 $367,500 $152,380
2022 $1,919 $296,220 $210,000 $86,220
2021 $1,915 $296,220 $210,000 $86,220
2020 $1,915 $296,220 $210,000 $86,220
2019 $1,885 $296,220 $210,000 $86,220
2018 $1,708 $277,100 $192,500 $84,600
2017 $1,708 $277,100 $192,500 $84,600
2016 $1,708 $277,100 $192,500 $84,600
2015 $1,708 $277,100 $192,500 $84,600
2014 $1,599 $268,200 $178,500 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4162196

Canopy MLS (Canopy Realtor® Association)

APN: 4636-50-1876.000