NOT LISTED FOR SALE

141 Alder Springs Ln Mooresville, NC 28117

Estimated Value: $1,013,040 - $1,216,000

4 Beds
3.5 Baths
4,094 Sq Ft
$268/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $667,000 $163 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,257/month

2 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Tennis Courts
  • Woodland Heights Elementary School Rated A-
  • Community Pool
  • Level Lot

About This Home

As of December 2020

Beautifully maintained and updated home in the Farms. The owners had the entire home painted inside and out as well as recently adding hardwood flooring to the entire upstairs. No carpet in the entire home! Perfect location near end of cul-de-sac on private wooded lot. Stone front porch and covered back porch are perfect for relaxing and enjoying the shade. The main level features a grand Office & Owner's Suite with Sitting Room & peaceful view of rear yard. Open, sunny 2 story great room with gas fireplace. Keeping room with 2nd fireplace off spacious kitchen. The second level features 3 bedrooms & huge loft/family room. All bedrooms feature spacious walk in closets. 4 car garage with the single garage being fully heated and cooled.

Last Agent to Sell the Property

Chris Spencer

Realty Executives of Hickory License #199197 Listed on: 10/16/2020

Realty Executives of Hickory

Last Buyer's Agent

Mylena Kaseman

Wilson Realty License #287786

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 0.81

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 4

Home Design

  • Stone Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Level Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4626-37-3548.000

Community Details

Overview

  • The Farms Poa

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$131 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.00301
  • Ratio Close Price By Original Li: 1.00301
  • Ratio Current Price By Acre: 823456.79
  • Ratio Current Price By Sq Ft: 162.92
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1518
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Disposal
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2576
  • Total Sq Ft: 4094

Exterior Features

  • Construction: Cedar Shake, Fiber Cement, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 4+ Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Recreation Area, Tennis Court(s)
  • Association Fee: 787.50
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: The Farms POA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level
  • Parcel Number: 4626-37-3548.000
  • Zoning Specification: RA

Tax Info

  • Tax Value: 530360.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 8, 2020
Sold by
Challancin William Michael and Porteous Leyla
Bought by
Balderas Rafael
Seller's Agent
Chris Spencer
Realty Executives of Hickory
Buyer's Agent
Mylena Kaseman
Wilson Realty
List Price
$665,000
Sold Price
$667,000
Premium/Discount to List
$2,000
0.3%
Current Estimated Value
$1,099,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,010
Avg. Annual Appreciation
10.75%
Original Mortgage
$450,000
Outstanding Balance
$401,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$697,661

Purchase Details

Closed on
Nov 7, 2016
Sold by
Taylor Michael B and Taylor Judy T
Bought by
Challancin William Michael and Porteous Leyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Whitley Construction Llc
Bought by
Duran Todd S and Duran Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,920
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 7, 2005
Sold by
Whitley Construction Llc
Bought by
Whitley & Co Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,100
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Balderas Rafael $667,000 None Available
Challancin William Michael $560,000 Priority Title Insurance
Duran Todd S $560,000 --
Whitley Construction Llc -- --
Whitley & Co Real Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderas Rafael $450,000
Previous Owner Challancin William Michael $417,000
Previous Owner Whitley Construction Llc $447,920
Previous Owner Whitley & Co Real Estate $53,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $667,000 +0.3% $163 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $665,000 -- $162 / 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 $4,478 $748,860 $120,000 $628,860
2023 $4,478 $748,860 $120,000 $628,860
2022 $3,388 $530,360 $72,000 $458,360
2021 $3,384 $530,360 $72,000 $458,360
2020 $3,384 $530,360 $72,000 $458,360
2019 $3,331 $530,360 $72,000 $458,360
2018 $3,140 $516,790 $56,000 $460,790
2017 $3,140 $516,790 $56,000 $460,790
2016 $3,140 $516,790 $56,000 $460,790
2015 $3,140 $516,790 $56,000 $460,790
2014 $2,991 $529,520 $56,000 $473,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3672708

Canopy MLS (Canopy Realtor® Association)

APN: 4626-37-3548.000