$3,300,000
SOLD FEB 24, 2025
4 Beds
8 Baths
7,569 Sq Ft
0.9 Acres

Recently Sold

$436 Per Sq Ft

11% Below List Price

116 Days on Market

Highlights

  • Docks
  • Pier
  • Boat Slip
  • Woodland Heights Elementary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of February 2025

Stunning & Elegant, Waterfront Retreat with Pool/Spa, Private Dock/Pier with Boat Slip, located in highly sought after The Point! Tranquil Fountain on property greets you upon arrival! Step into Grand Foyer with High End Finishes & Architectural Details (including beautiful archways) throughout! Huge Windows provide Amazing, Outdoor Living & Water Views! 3 gas fireplaces throughout! Gourmet, Chef's Kitchen offers granite counters, double island, top of the line, stainless steel appliances, custom lighting & custom, tile back splash! Keeping Room off Kitchen with deep, wood, tray ceiling! Slate balcony off Kitchen with built in gas grill! Spectacular, Owner's Suite on main level features large windows for lake views, Luxury Bath & huge, custom, walk in closet (with Amazing closet system)! Luxury Bath with custom, dual vanity, soaking tub, large, walk in, tile shower, custom chandelier & heated, tile flooring! Bonus Room on upper level with Wet Bar area (including beverage refrigerator)!

Last Agent to Sell the Property

Matt Sarver

Keller Williams Lake Norman Brokerage Email: Matt@TheSarverGroup.com License #234447 Listed on: 09/30/2024

Keller Williams Lake Norman

Last Buyer's Agent

Michael Richards

High Ground Investment Properties License #244515

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,210

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Private Lot
  • Irrigation
  • Wooded Lot
  • Property is zoned R20 CUD

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Transitional Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Water Views
  • Finished Basement
  • Walk-Out Basement
  • Home Security System
  • Laundry Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Pier
  • Access To Lake
  • Boat Slip
  • Docks
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

  • Woodland Heights Elementary And Middle School
  • Lake Norman High School

Utilities

  • Air Filtration System
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Community Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4625-52-7405.000

Community Details

Overview

  • Hawthorne Management Association, Phone Number (704) 377-0114
  • The Point Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,210

Year Built

Built in 2002

Lot Details

0

HOA Fees

$157 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2002
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 435.99
  • Geocode Confidence: High
  • Attribution Contact: Matt@TheSarverGroup.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Central Vacuum, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3256
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2245
  • Appliances: Bar Fridge, Dishwasher, Disposal, Exhaust Fan, Filtration System, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Warming Drawer, Water Softener, Wine Refrigerator
  • Above Grade Finished Sq Ft: 5501
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 2068
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas, Great Room, Living Room, Outside
  • Living Area: 7569
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 23
  • Bedroom Basement: 0

Exterior Features

  • Exterior Features: Dock, Gas Grill, In-Ground Irrigation, Outdoor Kitchen
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Pool Features: In Ground, Outdoor Pool
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Deed), Dock, Pier
  • Construction Type: Hard Stucco, Stone
  • Patio And Porch Features: Balcony, Covered, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Garage Faces Side

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Septic Installed
  • Laundry Features: In Basement, Laundry Room, Main Level, Other - See Remarks
  • Security: Security System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Electricity Connected, Gas
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake Access, Playground, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 942
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Hawthorne Management
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: SemiAnnually

Association/Amenities

  • Association Annual Expense: 1884.00

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Wooded, Waterfront
  • Lot Size Area: 0.9
  • Lot Size Units: Acres
  • Parcel Number: 4625-52-7405.000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20 CUD

MLS Schools

  • Elementary School: Woodland Heights
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Feb 24, 2025
Sold by
Neagle David Philip
Bought by
Wolfe Paul S
Seller's Agent
Matt Sarver
Keller Williams Lake Norman
Buyer's Agent
Michael Richards
High Ground Investment Properties
List Price
$3,699,900
Sold Price
$3,300,000
Premium/Discount to List
-$399,900
-10.81%
Views
72
Current Estimated Value
$3,466,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,817
Avg. Annual Appreciation
2.99%
Original Mortgage
$2,640,000
Outstanding Balance
$2,637,806
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$706,308

Purchase Details

Closed on
Oct 10, 2017
Sold by
Mcilnay Donald R and Mcilnay Cynthia A
Bought by
Neagle David Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,946,250
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tom Stevenson Building Co Inc
Bought by
Mcilnay Donald R and Mcilnay Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
2.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $3,300,000 None Listed On Document
Warranty Deed $3,300,000 None Listed On Document
Warranty Deed $2,162,500 City Of Oaks Title Llc
Warranty Deed $1,399,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,640,000 New Conventional
Closed $2,640,000 New Conventional
Previous Owner $1,929,500 New Conventional
Previous Owner $1,946,250 Commercial
Previous Owner $415,000 Commercial
Previous Owner $825,000 Commercial
Previous Owner $250,000 Credit Line Revolving
Previous Owner $900,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $3,300,000 -10.8% $436 / Sq Ft
09/30/2024 09/30/24 For Sale $3,699,900 -- $489 / 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 $18,210 $3,076,210 $680,000 $2,396,210
2023 $18,210 $3,076,210 $680,000 $2,396,210
2022 $12,836 $2,036,030 $480,000 $1,556,030
2021 $12,832 $2,036,030 $480,000 $1,556,030
2020 $12,832 $2,036,030 $480,000 $1,556,030
2019 $12,628 $2,036,030 $480,000 $1,556,030
2018 $8,785 $1,461,510 $412,500 $1,049,010
2017 $8,785 $1,461,510 $412,500 $1,049,010
2016 $8,785 $1,461,510 $412,500 $1,049,010
2015 $8,813 $1,461,510 $412,500 $1,049,010
2014 $7,767 $1,367,820 $390,000 $977,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4187428

Canopy MLS (Canopy Realtor® Association)

APN: 4625-52-7405.000