NOT LISTED FOR SALE

139 Shelter Cove Ln Unit 27 Mooresville, NC 28117

Estimated Value: $2,120,667 - $2,475,000

4 Beds
3.5 Baths
5,773 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,410,000 $244 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,448/month

26 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Traditional Architecture
  • Lakeshore Elementary School Rated A-
  • Community Lake
  • Wood Flooring

About This Home

As of August 2019

You will not find more beautiful, wide ranging views of Lake Norman unless you live on an island. Overlooking the lake from a new, wrap around deck, patio and gazebo views are more than 180 degrees. The custom built home has more than 8,000 square feet that allows many combinations of usage for entertaining, family living, guests, storage and utility needs. A 6 year old roof, inside and outside painting, new carpet and newly finished hardwoods minimize any new projects. The beautiful sunroom and screened-in side porch allows for many hours of relaxation. A deep, 364 feet of waterfront (child protected by a fence) and newly painted and stained dock await your boating trips onto Lake Norman.
The open concept and flow in this home is so comfortable and enhanced by fireplaces on each level. Spacious master suite and bonus/great room areas will supply entertainment for family members of all ages. Community has a pool, walking trails, and boat trailer/recreation fenced parking lots.

Last Agent to Sell the Property

JD Cline

Southern Homes of the Carolinas, Inc License #286344 Listed on: 06/11/2019

Last Buyer's Agent

Terri Manning

Lake Norman Realty, Inc. License #216497

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Open Lot
  • Irrigation
  • Many Trees
  • Lawn

HOA Fees

  • $77 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4628-71-1916.000

Community Details

Overview

  • Mainstreet Managers Association, Phone Number (704) 904-5282
  • Community Lake

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$77 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.94314
  • Ratio Close Price By Original Li: 0.94314
  • Ratio Current Price By Acre: 1532608.70
  • Ratio Current Price By Sq Ft: 244.24
  • Year Built: 1996
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Concrete, Slab
  • Upper Level Sq Ft: 2181
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Intercom, Microwave, Natural Gas, Oven, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Gas Vented, Living Room, Primary Bedroom, Natural Gas, Rec Room
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Wood
  • H O A Management Phone: 7049045282
  • Interior Amenities: Attic Other, Attic Stairs Fixed, Attic Walk-in, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 4
  • Sq Ft Basement: 1208
  • Main Level Sq Ft: 2384
  • Total Sq Ft: 5773
  • Sq Ft Unheated Basement: 912
  • Sq Ft Unheated Main: 754
  • Sq Ft Unheated Third: 945
  • Sq Ft Unheated Total: 2611

Exterior Features

  • Construction: Brick Full, Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Lawn Maintenance

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry, Lot, On-Street Parking, Parking Space - 2, Side Load Garage

Utilities

  • Heating: Central Air, Gas Floor Furnace, Gas Water Heater, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Community Features: Lake, Playground, Outdoor Pool, Recreation Area, Street Lights, Walking Trails
  • Association Fee: 925.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Mainstreet Managers
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Norman
  • Middle School: Lakeshore
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 25x47x186x364x207
  • Lot Features: Lake Access, Long Range View, Open Lot, Lake, Sloping, Trees, Views, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.920
  • Parcel Number: 4628-71-1916.000
  • Plat Book Slide: PB 25-142
  • Zoning Specification: RR

Tax Info

  • Tax Value: 1084050.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
John S Gerard Revocable Trust
Bought by
Gerard John S
Current Estimated Value
$2,309,417

Purchase Details

Closed on
Oct 7, 2022
Sold by
Gerard John S
Bought by
Gerard John S

Purchase Details

Closed on
Dec 13, 2019
Sold by
Gerard John S and Gerard Neila M
Bought by
Revocable Trust Of John S Gerard and Revocable Trust Of Neila M Gerard

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 20, 2019
Sold by
Gunning Mark S and Gunning Ruth A
Bought by
Gerard John S and Gerard Neila M
Seller's Agent
JD Cline
Southern Homes of the Carolinas, Inc
Buyer's Agent
Terri Manning
Lake Norman Realty, Inc.
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$1,410,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 12, 2005
Sold by
Muller R Gary and Muller Tammy
Bought by
Gunning Mark S and Gunning Ruth A

Purchase Details

Closed on
Oct 21, 2003
Sold by
Muller Sarah P
Bought by
Muller R Gary

Purchase Details

Closed on
Oct 1, 1995

Purchase Details

Closed on
Nov 1, 1991
Source: Public Records

Range of Values:

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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
Gerard John S $13,000 --
Gerard John S $13,000 --
Gerard John S $13,000 --
Revocable Trust Of John S Gerard -- None Available
Gerard John S $1,410,000 None Available
Gunning Mark S $957,000 --
Muller R Gary -- --
-- $194,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerard John S $1,410,000
Previous Owner Gunning Mark S $100,000
Previous Owner Gunning Mark S $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $1,410,000 -5.7% $244 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $1,495,000 -- $259 / 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 $9,457 $1,592,680 $780,000 $812,680
2023 $9,457 $1,592,680 $780,000 $812,680
2022 $6,947 $1,098,120 $455,000 $643,120
2021 $6,947 $1,098,120 $455,000 $643,120
2020 $6,947 $1,098,120 $455,000 $643,120
2019 $6,617 $1,098,120 $455,000 $643,120
2018 $6,529 $1,084,050 $520,000 $564,050
2017 $6,529 $1,084,050 $520,000 $564,050
2016 $6,492 $1,077,770 $520,000 $557,770
2015 $6,417 $1,065,220 $520,000 $545,220
2014 $6,123 $1,093,920 $520,000 $573,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3514853

Canopy MLS (Canopy Realtor® Association)

APN: 4628-71-1916.000