NOT LISTED FOR SALE

138 N Arcadian Way Unit 138 Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $322,000 - $348,000

3 Beds
2.5 Baths
1,932 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $225,000 $116 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,294/month

55 Days on Market

Highlights

  • Rear Porch
  • 1 Car Attached Garage
  • Laundry Room
  • South Elementary School Rated A-
  • Patio
  • Garden Bath

About This Home

As of July 2020

Very nice move in ready End Unit townhome. Sought after master down floor plan! Home has lots of upgrades and is priced to sell. Wood laminate flooring in most of the main floor, nice neutral colors. Large master bedroom with tray ceiling. Master bathroom has separate garden tub and shower. Upstairs boosts two large bedrooms, loft area and walk in attic storage. Private back patio area. Convenient location close to I77, Lowes Corp, Lake Norman Regional Hosp, restaurants, shopping & more! Mooresville Graded Schools! A must see!

Last Agent to Sell the Property

Vickie Barrett

Dazcon Properties Brokerage Email: vbarrett18@yahoo.com License #257546 Listed on: 03/27/2020

Co-Listed By

Jack Thesier

Dazcon Properties Brokerage Email: vbarrett18@yahoo.com License #196498

Last Buyer's Agent

Maria Jacobs

Lake Norman Realty, Inc. License #201285

Lake Norman Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,730

Year Built

  • Built in 2006

Lot Details

  • 3,485

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Great Room with Fireplace

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • South Elementary School
  • Mooresville Middle School
  • Mooresville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4656-08-9252.000

Community Details

Overview

  • Henderson Association, Phone Number (704) 535-1122
  • Cypress Landing Condos
  • Cypress Landing Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,730

Year Built

Built in 2006

Lot Details

0

HOA Fees

$155 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2006
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 116.46
  • Attribution Contact: vbarrett18@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Other - See Remarks
  • Entry Level: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Walk In, Cable Prewire, Garden Tub
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1148
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 220
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 220
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 784
  • Appliances: Dishwasher, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1932
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Great Room
  • Living Area: 1932
  • Bedroom Main: 1
  • Room Count: 11

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 230
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 155
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Cypress Landing
  • Senior Community: No
  • Association Name: Henderson
  • Phone: 704-535-1122
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Parcel Number: 4656-08-9252.000
  • Plat Reference Section Pages: 427
  • Land Included Yn: 1
  • Zoning Specification: CUR5

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: South
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jul 2, 2020
Sold by
Stutts John Patrick and Stutts Mary Beth
Bought by
Spade Bryan K
Seller's Agent
Vickie Barrett
Dazcon Properties
Buyer's Agent
Maria Jacobs
Lake Norman Realty, Inc.
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Current Estimated Value
$335,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,981
Avg. Annual Appreciation
8.13%
Original Mortgage
$180,000
Outstanding Balance
$161,654
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$175,625

Purchase Details

Closed on
Dec 14, 2011
Sold by
Carratello Domenic and Carratello Judith Ann
Bought by
Emjak Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Barbalato Richard and Barbalato Donna
Bought by
Carratello Domenick and Carratello Judith

Purchase Details

Closed on
Jun 20, 2006
Sold by
Nvr Inc
Bought by
Barbalato Richard and Barbalato Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,839
Interest Rate
6.49%
Mortgage Type
Fannie Mae Freddie Mac
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
Spade Bryan K $225,000 Oaks Title Llc
Emjak Llc -- None Available
Carratello Domenick $147,000 None Available
Barbalato Richard $179,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spade Bryan K $180,000
Previous Owner Barbalato Richard $151,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $225,000 -2.2% $116 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $230,000 -- $119 / Sq Ft
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 $3,730 $309,640 $56,000 $253,640
2023 $3,730 $309,640 $56,000 $253,640
2022 $2,571 $183,590 $29,000 $154,590
2021 $2,567 $183,590 $29,000 $154,590
2020 $2,567 $183,590 $29,000 $154,590
2019 $2,549 $183,590 $29,000 $154,590
2018 $2,253 $161,010 $28,000 $133,010
2017 $2,193 $161,010 $28,000 $133,010
2016 $2,193 $161,010 $28,000 $133,010
2015 $2,193 $161,010 $28,000 $133,010
2014 -- $160,230 $25,000 $135,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3607661

Canopy MLS (Canopy Realtor® Association)

APN: 4656-08-9252.000