NOT LISTED FOR SALE

134 Freeman Hill 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

451 Days on Market

About This Lot

As of August 2020

"RARE"POINT WATERFRONT LOT,East/South Facing,1.7AC/almost 500' of Shoreline/gorgeous views ofmain channel.This luxurious lakeside community is nestled between the Uwharrie National Forest foothills/Badin Lake, includes one of NC's top-ranked private golf courses,Old North State Club(designed by Tom Fazio).Join the Old North State Club & 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!

Last Agent to Sell the Property

Carole Bryson

Lake Homes Realty, LLC License #288795 Listed on: 03/24/2019

Lake Homes Realty, LLC

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,625

Lot Details

  • 1.7 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Schools

  • West Middle School
  • West Montgomery High School

Community Details

  • Uwharrie Point Subdivision

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 667214323972
  • 0% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$3,625

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1.7
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Uwharrie Point
  • Directions: From Charlotte, NC49 N for about 45 miles. Go past the 485 Interchange to a service station flashing light and then turn right. Old North State Club/Uwharrie Point entry gate will be about 3 miles.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Interior Features

  • Possible Use: Single Res

Exterior Features

  • Lot Features: Lake Front, Lake View, Level, Mountain View, Subdivision, Views, Waterview

Utilities

  • Sewer: Public
  • Water Source: Public
  • Gas Company: Type: Propane

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Troy
  • High School: West Montgomery
  • Middle Or Junior School: West

Lot Info

  • Parcel #: 667214323972
  • Zoning: SFR
  • TRIADMLS_PricePerAcre: 467647.0588
  • TRIADMLS_DeedPage: 358
  • TRIADMLS_DeedBook: 298
  • TRIADMLS_AcresRange: 2 - 2

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 3625
  • Tax Lot: 69
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.0675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 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
NONMEMBER NONMEMBER
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
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 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 -- -- --
03/24/2019 03/24/19 For Sale $795,000 -- --
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 $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: Triad MLS

MLS Number: 924903

Triad MLS

APN: 6672-14-32-3972