NOT LISTED FOR SALE

1561 Old Lake Rd Lincolnton, NC 28092

Estimated Value: $294,802 - $359,000

3 Beds
2 Baths
1,720 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $177,000 $103 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,862/month

221 Days on Market

Highlights

  • Ranch Style House
  • Shed
  • Kitchen Island
  • Attached Garage
  • Tile Flooring
  • Gas Log Fireplace

About This Home

As of July 2018

You have to see this freshly painted and newly carpeted home with vaulted great room and Rock fireplace with gas logs. Lots of oak cabinets in a cooks kitchen complete with a large island. Lots of natural light in this spacious home. Over sized laundry. Covered front porch and rear covered patio that would be easily converted into screened porch.
Lot in excess of 3/4 acre . Termite bond. New Septic Tank and encapsulated crawl space. New Roof.
County Water and Well (for lawn and garden).
ORIGINAL HOME COMPLETELY REMODELED IN 1999!!!!!!!!!!!

Last Agent to Sell the Property

Greer Stamey

Lake Norman Realty, Inc. License #44473 Listed on: 11/03/2017

Lake Norman Realty, Inc.

Co-Listed By

Carol Hamilton

Lake Norman Realty, Inc. License #177783

Last Buyer's Agent

Sandy Harrison

ERA Live Moore License #302368

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.84

Parking

  • Attached Garage

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Gas Log Fireplace
  • Tile Flooring
  • Crawl Space
  • Kitchen Island

Additional Features

  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 20022

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00057
  • Ratio Close Price By Original Li: 1.18079
  • Ratio Current Price By Acre: 210714.29
  • Ratio Current Price By Sq Ft: 102.91
  • Year Built: 1945
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Exhaust Hood, Wall Oven
  • Fireplace Description: Gas Logs, Great Room
  • Flooring: Carpet, Tile
  • Interior Amenities: Kitchen Island, Vaulted Ceiling
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1720
  • Total Sq Ft: 1720
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Stone Veneer, Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Tank
  • Water: County Water, Well
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: .84
  • Lot Features: Paved Frontage
  • Lot Size Area: 0.840
  • Parcel Number: 20022
  • Plat Book Slide: 3632-03
  • Plat Reference Section Pages: 87
  • Zoning Specification: R-25

Tax Info

  • Tax Value: 99989.00
  • Tax Location: South Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Jul 26, 2018
Sold by
Gilbert Tony Jee and Gilbert Lynn Thornberg
Bought by
Butler Jennifer Covington and Butler Jeremy
Seller's Agent
Greer Stamey
Lake Norman Realty, Inc.
Buyer's Agent
Sandy Harrison
ERA Live Moore
List Price
$149,900
Sold Price
$177,000
Premium/Discount to List
$27,100
18.08%
Current Estimated Value
$314,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,451
Avg. Annual Appreciation
7.92%
Original Mortgage
$168,150
Outstanding Balance
$148,425
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$155,282

Purchase Details

Closed on
Nov 29, 2011
Sold by
Gilbert Tony Joe and Gilbert Lynn Thornberg
Bought by
Gilbert Hazel Duckworth

Purchase Details

Closed on
Sep 26, 2011
Sold by
Gilbert Hazel Duckworth
Bought by
Gilbert Tony Joe and Gilbert Lynn Thornberg
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
Butler Jennifer Covington $177,000 None Available
Gilbert Hazel Duckworth -- None Available
Gilbert Tony Joe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Jennifer Covington $168,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $177,000 +18.1% $103 / Sq Ft
06/12/2018 06/12/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $149,900 -- $87 / 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
2025 $1,676 $246,108 $32,273 $213,835
2024 $1,656 $246,108 $32,273 $213,835
2023 $1,651 $246,108 $32,273 $213,835
2022 $1,116 $134,590 $23,494 $111,096
2021 $1,116 $134,590 $23,494 $111,096
2020 $974 $134,590 $23,494 $111,096
2019 $974 $134,590 $23,494 $111,096
2018 $837 $99,989 $20,736 $79,253
2017 $736 $99,989 $20,736 $79,253
2016 $736 $99,989 $20,736 $79,253
2015 $807 $99,989 $20,736 $79,253
2014 $414 $108,059 $21,657 $86,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3335238

Canopy MLS (Canopy Realtor® Association)

APN: 20022