NOT LISTED FOR SALE

1525 Cranwell Dr Unit 114 Mount Ulla, NC 28125

Estimated Value: $586,000 - $845,000

1.04 Acres
$727,588 Price per Acre
45,302 Sq Ft Lot

Last Sold September 10, 2018

Last sale price $43,000

Est. 1,660% increase in value since last sale

Current estimated payment $4,324/month

126 Days on Market

About This Lot

As of September 2018

You have just found the perfect place to build your forever home! Boasting 1.04 acres and nestled on a fabulous corner lot with paved roads and iron pole lights. You simply must experience the welcome feel you get as you drive through this beautiful community of upscale custom, built homes. Come to the lot and take a walk around and BRING YOUR BUILDER too! Conveniently located just across the Rowan County line and just minutes away from Mooresville, Salisbury and Statesville! Come Home to Berkshire!

Last Agent to Sell the Property

Bruce Juengst

Keller Williams Unified License #204671 Listed on: 03/13/2018

Keller Williams Unified

Last Buyer's Agent

Cherie Loftin

Howard Hanna Allen Tate Mooresville/LKN License #249987

Howard Hanna Allen Tate Mooresville/LKN

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $43 Monthly HOA Fees

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 558B070

Community Details

Overview

  • Berkshire Association, Phone Number (704) 535-4080

Recreation

  • Pond

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$43 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95556
  • Ratio Close Price By Original Li: 0.95556
  • Ratio Current Price By Acre: 41346.15
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-535-4080

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Pond, Street Lights
  • Association Fee: 257.50
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Berkshire
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 257x185x268x183
  • Lot Features: Corner Lot, Level
  • Parcel Number: 558B070
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 35275.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Steiner Richard E and Steiner Suzanne S
Bought by
Felton Richard E and Felton Sandra R
Current Estimated Value
$756,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$479,716
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$276,976

Purchase Details

Closed on
Jun 25, 2019
Sold by
Trails End Real Estate Llc
Bought by
Steiner Richard E and Steiner Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2018
Closed on
Sep 6, 2018
Sold by
J & S Investments Of Lake Norman Llc
Bought by
Trails End Real Estate Llc
Seller's Agent
Bruce Juengst
Keller Williams Unified
Buyer's Agent
Cherie Loftin
Howard Hanna Allen Tate Mooresville/LKN
List Price
$45,000
Sold Price
$43,000
Premium/Discount to List
-$2,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.43%
Original Mortgage
$278,748
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 24, 2013
Sold by
Walters Jess Joram and Walters Susan Lynn
Bought by
J & S Investments Of Lake Norman Llc

Purchase Details

Closed on
Oct 23, 2008
Sold by
American Land Corporation Charlotte Inc
Bought by
Walters Jess and Walters Susan L
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
Felton Richard E $580,000 Tryon Title Agency Llc
Steiner Richard E $380,000 None Available
Trails End Real Estate Llc $43,000 None Available
J & S Investments Of Lake Norman Llc -- None Available
Walters Jess $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felton Richard E $522,000
Previous Owner Steiner Richard E $115,000
Previous Owner Trails End Real Estate Llc $278,748
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2018 09/10/18 Sold $43,000 -4.4% --
07/17/2018 07/17/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $45,000 -- --
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 $3,837 $572,613 $55,000 $517,613
2024 $3,837 $572,613 $55,000 $517,613
2023 $3,837 $572,613 $55,000 $517,613
2022 $2,855 $381,985 $50,000 $331,985
2021 $2,779 $381,985 $50,000 $331,985
2020 $2,779 $381,985 $50,000 $331,985
2019 $309 $42,500 $42,500 $0
2018 $255 $35,275 $35,275 $0
2017 $255 $35,275 $35,275 $0
2016 $255 $35,275 $35,275 $0
2015 $258 $35,275 $35,275 $0
2014 $331 $46,750 $46,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3368787

Canopy MLS (Canopy Realtor® Association)

APN: 558-B070