NOT LISTED FOR SALE

1350 E Monbo Rd Statesville, NC 28677

Estimated Value: $626,000 - $1,886,842

0.88 Acre
$1,414,334 Price per Acre
38,333 Sq Ft Lot

Last Sold August 24, 2020

Last sale price $430,000

Est. 181% increase in value since last sale

Current estimated payment $7,105/month

334 Days on Market

Highlights

  • Access To Lake
  • Community Lake
  • Gazebo
  • Waterfront

About This Lot

As of August 2020

VERY RARE WATERFRONT OPPORTUNITY! One of the most picturesque waterfront lots on Lake Norman. .88 acre with 127 feet of shoreline and stunning sunset views. Very rare 2 level dock, covered boatslip, boat lift, stone seawall, and gazebo. Upper level dock has 2 benches and electric. Quiet, peaceful cul-de-sac location. Less than a mile from Lake Norman State Park for cycling, swimming, hiking, and more. Get ready for many fun and relaxing days on the lake. Come build the waterfront home of your dreams and start living the lake life!

Last Agent to Sell the Property

Aaron Marshall

NorthGroup Real Estate LLC License #181644 Listed on: 06/20/2019

NorthGroup Real Estate LLC

Last Buyer's Agent

Doris Nash

Ivester Jackson Christie's License #203067

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

HOA Fees

  • $36 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 4710-65-9005.000

Community Details

Overview

  • Highlands HOA, Phone Number (720) 987-9908
  • Community Lake

Recreation

  • Access To Lake
  • Gazebo

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95556
  • Ratio Close Price By Original Li: 0.86000
  • Ratio Current Price By Acre: 488636.36
  • Restrictions: Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 720-987-9908

Exterior Features

  • Exterior Features: Gazebo

Utilities

  • Sewer: Community Sewer
  • Water: Community Well

Condo/Co-op/Association

  • Community Features: Lake, Lake Access
  • Association Fee: 430.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Highlands HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: Irregular
  • Lot Features: Cul-de-sac Lot, Lake Access, Long Range View, Lake, Views, Waterfront, Year Round View
  • Parcel Number: 4710-65-9005.000
  • Zoning Specification: R20
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 308410.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 20, 2020
Sold by
Arey Frank K and Arey Paula L
Bought by
Knight Michael Joseph and Knight Laura Elizabeth
Seller's Agent
Aaron Marshall
NorthGroup Real Estate LLC
Buyer's Agent
Doris Nash
Ivester Jackson Christie's
List Price
$500,000
Sold Price
$430,000
Premium/Discount to List
-$70,000
-14%
Current Estimated Value
$1,206,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,785
Avg. Annual Appreciation
22.53%
Original Mortgage
$320,000
Outstanding Balance
$293,359
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$951,256

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jul 22, 2013
Sold by
Bare Lynch Annette and Bare Lynch L
Bought by
Arey Frank K and Arey Paula L
Seller's Agent
Jon Grigorian
Lakeshore Realty, Inc.
Buyer's Agent
Sherilyn Boan
Howard Hanna Allen Tate Mooresville/LKN
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.02%
Original Mortgage
$160,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 24, 2013
Closed on
Jun 21, 2013
Sold by
Lynch L C and Bare Lynch Annette
Bought by
Bare Lynch Annette
Seller's Agent
Jon Grigorian
Lakeshore Realty, Inc.
Buyer's Agent
Sherilyn Boan
Howard Hanna Allen Tate Mooresville/LKN
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
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
Knight Michael Joseph $430,000 North Carolina Title Ctr Llc
Arey Frank K $400,000 None Available
Bare Lynch Annette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Michael Joseph $320,000
Previous Owner Arey Frank K $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2020 08/24/20 Sold $430,000 -4.4% --
05/19/2020 05/19/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $450,000 -3.2% --
10/29/2019 10/29/19 Price Changed $465,000 -7.0% --
06/20/2019 06/20/19 For Sale $500,000 +25.0% --
07/22/2013 07/22/13 Sold $400,000 -5.9% -- View Prior Sale
06/25/2013 06/25/13 Pending -- -- --
06/24/2013 06/24/13 For Sale $425,000 -- --
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
2024 $8,506 $1,346,650 $405,000 $941,650
2023 $8,140 $1,346,650 $405,000 $941,650
2022 $4,048 $625,530 $303,750 $321,780
2021 $2,130 $339,450 $303,750 $35,700
2020 $2,130 $339,450 $303,750 $35,700
2019 $2,045 $339,450 $303,750 $35,700
2018 $1,843 $308,410 $270,000 $38,410
2017 $1,613 $270,000 $270,000 $0
2016 $1,613 $270,000 $270,000 $0
2015 $1,613 $270,000 $270,000 $0
2014 $1,375 $250,000 $250,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3521047

Canopy MLS (Canopy Realtor® Association)

APN: 4710-65-9005.000