NOT LISTED FOR SALE

Estimated Value: $2,976,000 - $3,260,221

5 Beds
5.5 Baths
4,843 Sq Ft
$641/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $2,325,000 $480 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $18,571/month

191 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Waterfront
  • Woodland Heights Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of May 2021

Well appointed one of a kind Lake Norman waterfront residence is located on a large cul de sac lot with open water views and the benefit of privacy plus a natural sandy beach. Deeded boat slip just steps away from the home. This beautifully landscaped, just under 1 acre, fenced lot boasts an inviting pool and spa. Welcome home as you enter through the elegant double doors into the main living area featuring a warm & inviting Great Room with stone accents, built in wet bar open accessible and open to the formal dining and kitchen. Double doors lead you into the large owners suite on the main level with a sitting area and access to the covered porch and flagstone patio for admiring gorgeous sunsets over the lake. One additional bedroom and en-suite on the main. A second level completes the plan with three very large secondary bedrooms, two with en-suite private baths plus a huge bonus room with gas fireplace and a huge media room with built in cabinets, mini fridge, sink & microwave.

Last Agent to Sell the Property

Vickie Barrett

Dazcon Properties License #257546 Listed on: 10/23/2020

Co-Listed By

Jack Thesier

Dazcon Properties License #196498

Last Buyer's Agent

Chelsea Pegram

Southern Charm Realty & Retreats INC License #310171

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation
  • Many Trees

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Bonus Room with Fireplace
  • Crawl Space
  • Kitchen Island
  • Laundry Chute
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Pool

  • In Ground Pool

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4624-69-7432.000

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97280
  • Ratio Close Price By Original Li: 0.93004
  • Ratio Current Price By Acre: 2642045.45
  • Ratio Current Price By Sq Ft: 480.07
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2258
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Exhaust Hood, Ice Maker Connection, Microwave, Refrigerator, Security System, Surround Sound, Wall Oven, Wine Refrigerator
  • Fireplace Description: Bonus Room, Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Other, Attic Walk-in, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Laundry Chute, Open Floorplan, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2585
  • Total Sq Ft: 4843

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Outdoor Pool, Playground, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 677.50
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: .88
  • Lot Features: Lake, Lake Access, Level, Trees, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.880
  • Parcel Number: 4624-69-7432.000
  • Zoning Specification: RA CUD

Tax Info

  • Tax Value: 1467850.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2020
Closed on
May 26, 2021
Sold by
Carratello Domenick and Carratello Judith Ann
Bought by
Morgenthaler Larry Carl and Morgenthaler Helen Kay
Seller's Agent
Vickie Barrett
Dazcon Properties
Buyer's Agent
Chelsea Pegram
Southern Charm Realty & Retreats INC
List Price
$2,390,000
Sold Price
$2,325,000
Premium/Discount to List
-$65,000
-2.72%
Total Days on Market
191
Current Estimated Value
$3,102,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$777,074
Avg. Annual Appreciation
8.61%
Original Mortgage
$300,000
Outstanding Balance
$274,936
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,963,287

Purchase Details

Closed on
Dec 12, 2006
Sold by
Carratello Domenick and Carratello Judith Ann
Bought by
Carratello Domenick and Carratello Judith Ann

Purchase Details

Closed on
Oct 19, 2004
Sold by
Kingswood Custom Homes Inc
Bought by
Carretello Domenick and Carretello Judith
Source: Public Records

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Range of Values:

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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
Morgenthaler Larry Carl $2,325,000 Southern Homes Ttl Svcs Llc
Carratello Domenick -- None Available
Carretello Domenick $1,439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgenthaler Larry Carl $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $2,325,000 -2.7% $480 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $2,390,000 +2.8% $493 / Sq Ft
12/27/2020 12/27/20 Off Market $2,325,000 -- --
12/14/2020 12/14/20 For Sale $2,390,000 +2.8% $493 / Sq Ft
12/11/2020 12/11/20 Off Market $2,325,000 -- --
11/07/2020 11/07/20 Price Changed $2,390,000 -4.4% $493 / Sq Ft
10/23/2020 10/23/20 For Sale $2,499,900 -- $516 / 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 $13,125 $2,214,460 $765,000 $1,449,460
2023 $13,125 $2,214,460 $765,000 $1,449,460
2022 $9,405 $1,489,290 $540,000 $949,290
2021 $9,267 $1,467,850 $540,000 $927,850
2020 $9,267 $1,467,850 $540,000 $927,850
2019 $9,120 $1,467,850 $540,000 $927,850
2018 $8,611 $1,432,520 $495,000 $937,520
2017 $8,611 $1,432,520 $495,000 $937,520
2016 $8,611 $1,432,520 $495,000 $937,520
2015 $8,611 $1,432,520 $495,000 $937,520
2014 -- $1,319,720 $468,000 $851,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3675222

Canopy MLS (Canopy Realtor® Association)

APN: 4624-69-7432.000