$950,000
SOLD JAN 30, 2025
2.98 Acres
$318,792 Price per Acre
129,809 Sq Ft Lot

Recently Sold

$526 Per Sq Ft

24% Below List Price

1,132 Days on Market

About This Lot

As of January 2025

3 Acre +/- Tract that is currently zoned Multi-Family but can be Re-zoned Commercial. 1000 feet from the I-85 southbound exit ramp (Exit 29, Sam Wilson Road). Also minutes to I-485. I-85 South is heavily traveled from Charlotte to Atlanta. Beside new Major Franchise Truck Plaza and large Industrial Park. Property fronts Sam Wilson Road and West Pointe Drive. Would be perfect for national franchise restaurants, hotels, and retail. This is a duplicate listing of MLS #3760420 which is also showing as a commercial listing.

Last Agent to Sell the Property

Melissa Baker

Howard Hanna Allen Tate Charlotte South Brokerage Email: melissa.baker@allentate.com License #178324 Listed on: 10/04/2018

Howard Hanna Allen Tate Charlotte South

Co-Listed By

Jerry Gardner

Howard Hanna Allen Tate Lake Norman Brokerage Email: melissa.baker@allentate.com License #33457

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Jerry Gardner

Howard Hanna Allen Tate Lake Norman Brokerage Email: melissa.baker@allentate.com License #33457

Howard Hanna Allen Tate Lake Norman

Property Details

Property Type

  • Land

Lot Details

  • 2.98 Acre Lot
  • Possible uses of the property include Commercial
  • Property is zoned R-17MF

Schools

  • Whitewater Academy Elementary School
  • Whitewater Middle School
  • West Mecklenburg High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055-211-38

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: Yes
  • Restrictions: No Representation
  • Road Frontage Type: Interstate 1 mile or Less, State Highway
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: melissa.baker@allentate.com
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Road Frontage: 900
  • Other Structures: None

Garage/Parking

  • Garage Yn: No
  • Open Parking: No

Utilities

  • Sewer: Public Sewer, Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 055-211-38
  • Can Be Subdivided: 0
  • Cleared Acres: 1.00
  • Lot Size Acres: 2.98
  • Lot Size Sq Ft: 129808
  • Wooded Area: 1.98
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-17MF

MLS Schools

  • Elementary School: Whitewater Academy
  • High School: West Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Jan 30, 2025
Sold by
Stevens Nella S and Stevens Joseph C
Bought by
Macthree Investments Llc
Seller's Agent
Melissa Baker
Howard Hanna Allen Tate Charlotte South
Buyer's Agent
Jerry Gardner
Howard Hanna Allen Tate Lake Norman
List Price
$1,250,000
Sold Price
$950,000
Premium/Discount to List
-$300,000
-24%
Current Estimated Value
$781,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$168,689
Avg. Annual Appreciation
-17.76%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Stevens Nella S
Bought by
Stevens Nella S

Purchase Details

Closed on
May 4, 2006
Sold by
Summey Kenneth Bennett
Bought by
Summey Kenneth Bennett and Kenneth Bennett Summey Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $950,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $950,000 -32.1% $526 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,399,000 +18.7% $775 / Sq Ft
05/02/2023 05/02/23 Price Changed $1,179,000 -23.9% $653 / Sq Ft
10/21/2022 10/21/22 Price Changed $1,549,000 +23.9% $858 / Sq Ft
11/10/2021 11/10/21 For Sale $1,250,000 0.0% $693 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $1,250,000 0.0% $693 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $1,250,000 -- $693 / 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
2025 $3,276 $469,200 $201,200 $268,000
2024 $3,276 $469,200 $201,200 $268,000
2023 $3,224 $469,200 $201,200 $268,000
2022 $2,311 $253,400 $104,600 $148,800
2021 $2,257 $253,400 $104,600 $148,800
2020 $2,113 $238,300 $104,600 $133,700
2019 $2,087 $238,300 $104,600 $133,700
2018 $1,911 $168,500 $50,700 $117,800
2017 $1,895 $168,500 $50,700 $117,800
2016 $1,869 $168,500 $50,700 $117,800
2015 $1,849 $168,500 $50,700 $117,800
2014 $1,817 $155,800 $38,000 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3441265

Canopy MLS (Canopy Realtor® Association)

APN: 055-211-38