NOT LISTED FOR SALE

134 Freeman Hill Unit 69 New London, NC 28127

Estimated Value: $1,330,000 - $2,689,574

1.7 Acres
$1,086,702 Price per Acre
74,052 Sq Ft Lot

Last Sold August 17, 2020

Last sale price $692,000

Est. 178% increase in value since last sale

Current estimated payment $11,328/month

453 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Community Pool
  • Access To Lake
  • Clubhouse
  • Tennis Courts

About This Lot

As of August 2020

"RARE" POINT WATERFRONT LOT, 1.7AC (East/South Facing) and almost 500' of Shoreline w/gorgeous views of the main channel.This luxurious lakeside community which is nestled between the Uwharrie National Forest foothills and Badin Lake, includes one of NC's top-ranked private golf courses, Old North State Club(designed by Tom Fazio).This is the best of both world's.Join the Old North State Club and enjoy golf, tennis, swimming, fitness,upscale dining and a full service marina. Build your custom dream home and add your approved private pier. Don't let this one get away! https://oldnorthstateup.org/

Last Agent to Sell the Property

Carole Bryson

Lake Homes Realty LLC License #126728 Listed on: 03/23/2019

Lake Homes Realty LLC

Last Buyer's Agent

Candace Fleece

Old North State Realty License #297739

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,917

Lot Details

  • 1.7 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Possible uses of the property include Residential

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Troy Elementary School
  • West Middle School
  • West Montgomery High School

Listing and Financial Details

  • Assessor Parcel Number 6672-14-32-3972

Community Details

Overview

  • Old North State Association, Phone Number (336) 461-5344
  • Uwharrie Point Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$8,917

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Room Count: 0

Exterior Features

  • Road Frontage: 31
  • View: Water, Year Round
  • Water Body Name: BADIN LAKE
  • Waterfront Features: Lake
  • Other Structures: None

Utilities

  • Sewer: County Sewer
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Lake Access, Outdoor Pool, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 550
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Old North State
  • Phone: 336-461-5344
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: West
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Paved, Waterfront
  • Lot Size Area: 1.7
  • Lot Size Units: Acres
  • Parcel Number: 6672-14-32-3972
  • Zoning: SFR
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 358
  • Lot Size Acres: 1.7
  • Lot Size Sq Ft: 74052
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Troy
  • High School: West Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2019
Closed on
Aug 6, 2020
Sold by
Brink Sandra J
Bought by
Mckinney Michael Sean and Mckinney Lisa Michelle
Seller's Agent
Carole Bryson
Lake Homes Realty LLC
Buyer's Agent
Candace Fleece
Old North State Realty
List Price
$795,000
Sold Price
$692,000
Premium/Discount to List
-$103,000
-12.96%
Current Estimated Value
$1,924,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,074
Avg. Annual Appreciation
21.46%
Original Mortgage
$406,250
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1994
Bought by
Brink Peter and Brink Sandra
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
Mckinney Michael Sean $692,000 None Available
Brink Peter $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinney Michael Sean $1,300,000
Closed Mckinney Michael Sean $406,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $692,000 -13.0% --
06/18/2020 06/18/20 Pending -- -- --
03/23/2019 03/23/19 For Sale $795,000 -- --
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 $8,917 $1,367,998 $658,500 $709,498
2024 $8,917 $1,301,778 $658,500 $643,278
2023 -- $1,029,284 $658,500 $370,784
2022 $0 $658,500 $658,500 $0
2021 $4,412 $658,500 $658,500 $0
2020 $4,412 $658,500 $658,500 $0
2018 $3,625 $537,000 $537,000 $0
2017 $3,625 $537,000 $537,000 $0
2016 $3,625 $537,000 $537,000 $0
2015 $3,383 $537,000 $0 $0
2014 $3,383 $537,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3484582

Canopy MLS (Canopy Realtor® Association)

APN: 6672-14-32-3972