NOT LISTED FOR SALE

Estimated Value: $594,132 - $645,000

4 Beds
2 Baths
1,600 Sq Ft
$381/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $440,000 $275 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,578/month

25 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Wood Flooring
  • Community Lake
  • Cathedral Ceiling
  • Kitchen Island

About This Home

As of June 2021

Beautiful lakefront property located in a cove with deep water (20 feet) off the covered boat dock. Enjoy lake living and beautiful sunsets in this charming, inviting cottage. This property is ready for your buyer's personal touch. Home features custom ceilings, wood floors and huge stone wood burning fireplace in the living room. Master suite features gorgeous cathedral ceiling and beautiful views of the lake. Home has a lot of potential for expansion. This would be a perfect weekend getaway property to keep in the family for years! This property is within the boundary for the new high school opening soon. This is the one you've been waiting for! Have the best of both worlds- lake living and centrally located near restaurants, shopping, entertainment, airport and uptown Charlotte. Seller is selling this property AS IS. NEW ROOF 2016, NEW HVAC 2015, Seller will provide a home warranty.

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 03/23/2021

Mark Spain Real Estate

Co-Listed By

Cara Morris

EXP Realty LLC License #217677

Last Buyer's Agent

Cara Morris

EXP Realty LLC License #217677

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • Waterfront

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 199-085-13

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.92632
  • Ratio Close Price By Original Li: 0.83810
  • Ratio Current Price By Acre: 666666.67
  • Ratio Current Price By Sq Ft: 275.00
  • Year Built: 1958
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Wood
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island
  • Room Count: 1
  • Main Level Sq Ft: 1600
  • Total Sq Ft: 1600

Exterior Features

  • Construction: Brick Full, Stone, Stone Veneer
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Winget Park
  • Middle School: Southwest
  • High School: Olympic

Lot Info

  • Lot Features: Lake, Lake Access, Water view, Waterfront
  • Lot Size Area: 0.660
  • Parcel Number: 199-085-13
  • Zoning Specification: R5

Tax Info

  • Tax Value: 422500.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
Jun 8, 2021
Sold by
Moss Laina G and Jackson Jeremy S
Bought by
Thiagarajan Yuvaraj and Yuvaraj Mahalakshmi
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Cara Morris
EXP Realty LLC
List Price
$500,000
Sold Price
$440,000
Premium/Discount to List
-$60,000
-12%
Current Estimated Value
$610,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,283
Avg. Annual Appreciation
7.90%
Original Mortgage
$300,000
Outstanding Balance
$227,778
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$382,505

Purchase Details

Closed on
Feb 3, 2018
Sold by
Moss Dana G and Moss Tamara G
Bought by
Moss Laina G and Jackson Jeremy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,200
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2017
Sold by
Moss Dana G and Moss Tamara G
Bought by
Moss Laina G and Moss Dana G

Purchase Details

Closed on
May 15, 2017
Sold by
Moss Dana G and Moss Tamara G
Bought by
Moss Dana G and Moss Tamara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Glover Ernest Carson and Glover Dawn R
Bought by
Moss Dana G and Moss Tamara G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Lyon Deana G
Bought by
Glover Ernest Carson and Lyon Deana G
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
Thiagarajan Yuvaraj $440,000 Harbor City Ttl Ins Agcy Of
Moss Laina G -- None Available
Moss Laina G -- None Available
Moss Dana G -- None Available
Moss Dana G $190,000 First American Title
Glover Ernest Carson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thiagarajan Yuvaraj $300,000
Previous Owner Moss Laina G $346,200
Previous Owner Moss Dana G $326,250
Previous Owner Moss Dana G $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $440,000 -7.4% $275 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $475,000 -5.0% $297 / Sq Ft
04/07/2021 04/07/21 For Sale $500,000 +13.6% $313 / Sq Ft
04/04/2021 04/04/21 Off Market $440,000 -- --
03/29/2021 03/29/21 Price Changed $500,000 -4.8% $313 / Sq Ft
03/23/2021 03/23/21 For Sale $525,000 -- $328 / 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
2025 $3,943 $566,200 $340,000 $226,200
2024 $3,943 $566,200 $340,000 $226,200
2023 $3,882 $566,200 $340,000 $226,200
2022 $3,827 $422,500 $300,000 $122,500
2021 $3,736 $422,500 $300,000 $122,500
2020 $3,715 $422,500 $300,000 $122,500
2019 $3,674 $422,500 $300,000 $122,500
2018 $3,832 $340,400 $275,000 $65,400
2017 $3,803 $340,400 $275,000 $65,400
2016 $3,755 $340,400 $275,000 $65,400
2015 $3,717 $340,400 $275,000 $65,400
2014 $3,770 $351,100 $275,000 $76,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3707160

Canopy MLS (Canopy Realtor® Association)

APN: 199-085-13