NOT LISTED FOR SALE

1396 Timberlane Terrace Unit 14 Mooresville, NC 28115

Estimated Value: $548,000 - $688,000

4 Beds
2.5 Baths
2,287 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $310,000 $136 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,637/month

38 Days on Market

Highlights

  • Under Construction
  • 0.66 Acre Lot
  • Wood Flooring
  • Rocky River Elementary School Rated A
  • Deck
  • Corner Lot

About This Home

As of July 2018

Brand new house nearing completion in a great family neighborhood in Mooresville. Large rather flat 2/3's of an acre corner lot. Nice, quiet setting without much traffic so a nice place for kids to play. Plus Bellingham Park is a short walk away!
Also includes limited structural 10 year warranty!

Last Agent to Sell the Property

Matt McMullen

Matt McMullen Brokerage Email: grandehomes@icloud.com License #179546 Listed on: 05/04/2018

Last Buyer's Agent

John Baynes

ERA Live Moore License #188206

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,297

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 193x160
  • Corner Lot
  • Property is zoned R2

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Community Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Grande Homes
  • Red Oaks Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4665-59-6247
  • Tax Block 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,297

Year Built

Built in 2018 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Proposed Completion Date: 2018-06-14
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 135.55
  • Attribution Contact: grandehomes@icloud.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl, Other - See Remarks
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Prewire, Garden Tub, Kitchen Island, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1003
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1284
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2287
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Log, Gas Vented, Great Room
  • Living Area: 2287
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 472

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Utilities: Gas
  • Water Source: Community Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.66
  • Lot Size Units: Acres
  • Parcel Number: 4665-59-6247
  • Plat Book Slide: 19-16
  • Development Status: Under Construction
  • Lot Size Acres: 0.66
  • Lot Size: 193x160
  • Lot Size Sq Ft: 28749
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R2

Building Info

  • Builder Name: Grande Homes

Tax Info

  • Tax Block: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 12, 2018
Sold by
Grande Homes Co
Bought by
Nichols Julyana Maria and Nichols Rick Ernest
Seller's Agent
Matt McMullen
Matt McMullen
Buyer's Agent
John Baynes
ERA Live Moore
List Price
$314,900
Sold Price
$310,000
Premium/Discount to List
-$4,900
-1.56%
Current Estimated Value
$598,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,753
Avg. Annual Appreciation
9.21%
Original Mortgage
$248,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2017
Sold by
Dennis Swearengin Jarrett and Swearengin Dawn
Bought by
Grande Home Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,661
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 21, 2014
Sold by
Watts Jeanette Petrea and Watts Jeanette P
Bought by
Swearengin Jarrett Dennis and Watts Jeanette Petrea

Purchase Details

Closed on
Sep 1, 1997

Purchase Details

Closed on
Dec 1, 1994

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
Oct 1, 1991

Purchase Details

Closed on
Jun 1, 1988
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
Nichols Julyana Maria $310,000 None Available
Grande Home Co $53,000 None Available
Swearengin Jarrett Dennis -- None Available
-- $24,000 --
-- -- --
-- $22,000 --
-- $13,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Julyana Maria $251,500
Closed Nichols Julyana Maria $248,000
Previous Owner Grande Home Co $256,661
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $310,000 -1.6% $136 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $314,900 -- $138 / 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 $4,297 $568,710 $74,750 $493,960
2023 $4,297 $568,710 $74,750 $493,960
2022 $2,726 $328,150 $48,300 $279,850
2021 $2,722 $328,150 $48,300 $279,850
2020 $2,722 $328,150 $48,300 $279,850
2019 $2,458 $299,350 $48,300 $251,050
2018 $882 $106,100 $36,800 $69,300
2017 $288 $36,800 $36,800 $0
2016 $288 $36,800 $36,800 $0
2015 $288 $36,800 $36,800 $0
2014 $281 $37,950 $37,950 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3388232

Canopy MLS (Canopy Realtor® Association)

APN: 4665-59-6247.000