NOT LISTED FOR SALE

1329 Timberlane Terrace Mooresville, NC 28115

Estimated Value: $563,000 - $711,000

5 Beds
4.5 Baths
4,096 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $495,000 $121 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,990/month

10 Days on Market

Highlights

  • 1.1 Acre Lot
  • Deck
  • Vaulted Ceiling
  • Rocky River Elementary School Rated A
  • Wooded Lot
  • Transitional Architecture

About This Home

As of October 2021

It's hard to find a 4000 sq foot home with a BASEMENT in Mooresville, but it's even harder to find one in a great neighborhood on AN ACRE LOT close to a park!! With the Primary bedroom on Main, 3 more bedrooms AND a large bonus room upstairs, and space in the basement for more potential bedrooms or an office, this is the perfect house for a growing family. The huge basement includes an office, workshop, full bath and outside access that could be a fantastic spot for a hot tub! Enjoy the flat, open backyard that backs onto Bellingham Park with its walking trails, baseball & soccer fields & playground. Tons and tons of closet and storage space throughout the house. Well maintained with new HVAC system within the last two years & new siding, windows & roof within the last 10 years. Enjoy spending quiet evenings listening to the barn owls in the park from your large back deck overlooking a treed backyard. MGSD schools. Owners willing to give an allowance for upgrades. Bring all offers!

Last Agent to Sell the Property

Lori MacLeod

Southern Homes of the Carolinas, Inc Brokerage Email: lori.macleod64@gmail.com License #248386 Listed on: 08/20/2021

Co-Listed By

Lucia Verville

Southern Homes of the Carolinas, Inc Brokerage Email: lori.macleod64@gmail.com License #247242

Last Buyer's Agent

David Traugott

Real Broker, LLC License #294080

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,551

Year Built

  • Built in 1990

Lot Details

  • 1.1 Acre Lot
  • Fenced
  • Wooded Lot
  • Property is zoned R3

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Workshop

Outdoor Features

  • Access to stream, creek or river
  • Deck

Schools

  • Rocky River Elementary School
  • Mooresville Middle School
  • Mooresville High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Red Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4666-50-2264.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,551

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1990
  • Restrictions: No Restrictions
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 120.85
  • Attribution Contact: lori.macleod64@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Built-in Features, Cable Prewire, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1493
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1353
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Above Grade Finished Sq Ft: 2846
  • Has Basement: Basement, Basement Shop, Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1250
  • Fireplace Features: Great Room
  • Living Area: 4096
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 15
  • Bedroom Basement: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Elevation: 1000
  • Construction Type: Vinyl
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 462
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Creek/Stream, Wooded
  • Lot Size Area: 1.1
  • Lot Size Units: Acres
  • Parcel Number: 4666-50-2264.000
  • Lot Size Acres: 1.1
  • Lot Size Sq Ft: 47916
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Rocky River
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 7, 2021
Sold by
Lebaron Michael R and Lebaron Cindy W
Bought by
Mccormick Kyle Thomas and Mccormick Corey Ann
Seller's Agent
Lori MacLeod
Southern Homes of the Carolinas, Inc
Buyer's Agent
David Traugott
Real Broker, LLC
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$646,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,421
Avg. Annual Appreciation
8.50%
Original Mortgage
$297,000
Outstanding Balance
$273,758
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$408,250

Purchase Details

Closed on
Mar 1, 1997

Purchase Details

Closed on
Jun 1, 1995

Purchase Details

Closed on
Apr 1, 1991

Purchase Details

Closed on
Sep 1, 1990
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mccormick Kyle Thomas $495,000 Integrated Title Svcs Llc
-- $216,000 --
-- $230,000 --
-- $210,400 --
-- $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Kyle Thomas $297,000
Previous Owner Lebaron Michael R $58,983
Previous Owner Lebaron Michael R $137,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $495,000 0.0% $121 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $495,000 -- $121 / 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 $6,551 $557,440 $78,000 $479,440
2023 $6,551 $557,440 $78,000 $479,440
2022 $4,505 $332,050 $50,400 $281,650
2021 $4,501 $332,050 $50,400 $281,650
2020 $4,501 $332,050 $50,400 $281,650
2019 $4,332 $321,520 $50,400 $271,120
2018 $3,723 $274,700 $38,400 $236,300
2017 $3,663 $274,700 $38,400 $236,300
2016 $3,663 $274,700 $38,400 $236,300
2015 $3,689 $274,700 $38,400 $236,300
2014 $3,890 $300,210 $39,600 $260,610
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3774255

Canopy MLS (Canopy Realtor® Association)

APN: 4666-50-2264.000