NOT LISTED FOR SALE

135 Potomac Ln Mooresville, NC 28117

Estimated Value: $2,850,000 - $4,561,000

6 Beds
7 Baths
6,148 Sq Ft
$635/Sq Ft Est. Value

About This Home

This home is located at 135 Potomac Ln, Mooresville, NC 28117 and is currently estimated at $3,905,529, approximately $635 per square foot. 135 Potomac Ln is a home located in Iredell County with nearby schools including Coddle Creek Elementary School, Lake Norman High School, and Langtree Charter Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2024
Sold by
Engel Todd B and Engel Tiffani
Bought by
Engel Todd B and Engel Tiffani
Current Estimated Value
$3,905,529

Purchase Details

Closed on
Mar 15, 2023
Sold by
Grandfather Homes Inc
Bought by
Engel Todd Blair and Engel Tiffani

Purchase Details

Closed on
Feb 5, 2022
Sold by
Timberline
Bought by
Grandfather Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,750
Interest Rate
2.77%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 26, 2021
Sold by
Timberline
Bought by
Grandfather Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 12, 2009
Sold by
Sweetwater Llc
Bought by
Farmers & Merchants Bank

Purchase Details

Closed on
Sep 12, 2007
Sold by
Barnette Walter R and Barnette Margaret G
Bought by
Sweetwater Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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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.

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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
Engel Todd B -- None Listed On Document
Engel Todd Blair $1,098,000 --
Engel Todd Blair $1,098,000 None Listed On Document
Grandfather Homes Inc $982,000 Blankenship M B
Grandfather Homes Inc $998,000 Meridian Title Company
Farmers & Merchants Bank $4,011,010 None Available
Sweetwater Llc $3,250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grandfather Homes Inc $651,750
Previous Owner Grandfather Homes Inc $2,000,000
Source: Public Records

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 $32,618 $5,189,150 $960,000 $4,229,150
2023 $30,676 $3,771,960 $960,000 $2,811,960
2022 $3,284 $523,380 $495,000 $28,380
2021 $3,125 $498,000 $495,000 $3,000
2020 $3,125 $498,000 $495,000 $3,000
2019 $2,976 $498,000 $495,000 $3,000
2018 $2,593 $441,350 $440,000 $1,350
2017 $2,593 $441,350 $440,000 $1,350
2016 $2,593 $441,350 $440,000 $1,350
2015 $2,571 $441,350 $440,000 $1,350
2014 $2,339 $441,350 $440,000 $1,350
Source: Public Records

Map

North Carolina Iredell County Mooresville 28117

135 Potomac Ln, Mooresville, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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