NOT LISTED FOR SALE

136 Timber Lake Ct Mount Gilead, NC 27306

Estimated Value: $1,299,000 - $1,771,000

4 Beds
4.5 Baths
3,852 Sq Ft
$385/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,025,000 $266 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,281/month

13 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Wooded Lot
  • Waterfront
  • Community Lake
  • Arts and Crafts Architecture

About This Home

As of August 2021

Custom built waterfront home in the highly desirable Swift Island Plantation community. The views and mature landscaping make this property a showplace !!! Positioned perfectly on a large cove just one lot off the main channel with phenomenal lake views and 15 feet of water depth at the dock. There is a screened porch on the lakeside along with a large deck. One boat slip, large sundeck and storage room at the boathouse. 4 bedrooms and 4.5 baths with a split bedroom floorplan. Formal dining and a sunroom breakfast room overlooking the lake. Large kitchen / pantry with lots of custom cabinetry and storage. The Master Suite has large/ wonderful bath along with a walk in closet. Double attached garage and a basement workshop / storage area over 700 s/f. The basement has 2 bedrooms, 2 baths, great / game room with a wet bar and sunroom. Walk out to the basement patio and find the gently sloped walkway to the dock. This is a truly beautiful property. Come find your spot on Lake Tillery !!!

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 06/15/2021

Last Buyer's Agent

Greyson Lunsford

Deeter Real Estate License #308891

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 90 x 440
  • Waterfront
  • Level Lot
  • Wooded Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2

Home Design

  • Arts and Crafts Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet

Utilities

  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 6575-11-57-5404

Community Details

Overview

  • Tillery Management Association
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Arts and Crafts
  • Ratio Close Price By List Price: 0.94995
  • Ratio Close Price By Original Li: 0.94995
  • Ratio Current Price By Acre: 1138888.89
  • Ratio Current Price By Sq Ft: 266.10
  • Year Built: 2014
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 1484
  • Main Level Sq Ft: 2368
  • Total Sq Ft: 3852
  • Sq Ft Unheated Basement: 706
  • Sq Ft Unheated Total: 706

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Wired Internet Available

Garage/Parking

  • Driveway: Asphalt
  • Parking: Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake, Street Lights
  • Association Fee: 720.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Tillery Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 90 x 440
  • Lot Features: Lake, Level, Long Range View, Paved Frontage, Water view, Waterfront, Wooded, Year Round View
  • Parcel Number: 6575-11-57-5404
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 935639.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 12, 2021
Sold by
Hamric Daniel R and Hamric Pamela S
Bought by
Sheppard Joseph B and Sheppard Lorraine
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Greyson Lunsford
Deeter Real Estate
List Price
$1,079,000
Sold Price
$1,025,000
Premium/Discount to List
-$54,000
-5%
Current Estimated Value
$1,484,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,761
Avg. Annual Appreciation
8.54%
Original Mortgage
$900,000
Outstanding Balance
$818,379
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$666,382

Purchase Details

Listed on
Jun 29, 2011
Closed on
Sep 12, 2012
Sold by
Marquardt Frederick J and Marquardt Shui Fung Jian
Bought by
Hamric Daniel R and Hamric Pamela S
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Mark McRae
McRae Properties
List Price
$245,000
Sold Price
$210,000
Premium/Discount to List
-$35,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
Dec 9, 2005
Sold by
Eldorado Development Corp
Bought by
Marquardt Frederick J and Lee Shu Fung Jian
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sheppard Joseph B $1,025,000 None Available
Hamric Daniel R $210,000 None Available
Marquardt Frederick J $211,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Joseph B $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2021 08/12/21 Sold $1,025,000 -5.0% $266 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,079,000 +413.8% $280 / Sq Ft
09/24/2012 09/24/12 Sold $210,000 -14.3% -- View Prior Sale
08/30/2012 08/30/12 Pending -- -- --
06/29/2011 06/29/11 For Sale $245,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

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 $6,128 $935,639 $324,720 $610,919
2024 $61 $935,639 $324,720 $610,919
2023 $6,128 $935,639 $324,720 $610,919
2022 $6,128 $935,639 $324,720 $610,919
2021 $6,134 $935,639 $324,720 $610,919
2020 $6,135 $935,639 $324,720 $610,919
2018 $5,431 $822,916 $211,500 $611,416
2017 $5,431 $822,916 $211,500 $611,416
2016 $5,431 $822,916 $211,500 $611,416
2015 $1,290 $822,916 $0 $0
2014 $1,290 $211,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3751739

Canopy MLS (Canopy Realtor® Association)

APN: 6575-11-57-5404

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