Seller's Agent in 2024
Robert Patterson
Lake Tillery Properties LLC
(704) 438-3278
95 Total Sales
161 Water Oak Way Mount Gilead, NC 27306
Estimated Value: $62,000 - $72,000
1.59
Acres
$42,157
Price per Acre
69,260
Sq Ft Lot
About This Lot
As of February 2024Enjoy all that Lake Tillery offers without the high expense of most waterfront lots. This 1.5+- acre water view wooded lot is in the desirable Swift Island Plantation gated community. A gently sloping contour allows for a variety of foundation plans and a homesite that takes advantage of the long range lake views. Build your dream home in this established gated lakefront neighborhood just a few minutes from Tillery Tradition Country Club and golf. Launch your canoe, kayak, or paddle board just steps from your back door. This lot is within Duke Energy's Resource Protection and Management area so no pier, boathouse, or alteration of the shoreline is permitted,( See Attachments ) This preserved area adds additional privacy to this lot and protection to nature and the shoreline. See the attached HOA addendum for annual and capital fees. Buyer must be accompanied with an agent to gain access and view this property.
Last Agent to Sell the Property
Lake Tillery Properties LLC Brokerage Email: robert@thelakeladyteam.com License #266502 Listed on: 06/07/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $300
Lot Details
- Possible uses of the property include Recreational, Residential
- Property is zoned R1
HOA Fees
- $72 Monthly HOA Fees
Property Views
- Water Views
Utilities
- Underground Utilities
- Cable TV Available
Community Details
- Tillery Management Association, Phone Number (704) 474-3518
- Swift Island Plantation Subdivision
- Mandatory home owners association
Listing and Financial Details
- Assessor Parcel Number 6575-07-68-5384
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2023
Closed on
Feb 12, 2024
Sold by
Zaloom-Serrano Eleanor L
Bought by
Thompson Douglas Scott and Thompson Karen Marie
Seller's Agent
Robert Patterson
Lake Tillery Properties LLC
Buyer's Agent
Michael Bulvin
Redwood Realty Group LLC
List Price
$59,500
Sold Price
$55,000
Premium/Discount to List
-$4,500
-7.56%
Views
425
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,029
Avg. Annual Appreciation
13.16%
Purchase Details
Listed on
Jul 11, 2017
Closed on
Nov 8, 2017
Sold by
The Fidelity Bank
Bought by
Zaloom Eleanor L
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Jeff Lynch
RE/MAX Executive
List Price
$42,500
Sold Price
$40,000
Premium/Discount to List
-$2,500
-5.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Purchase Details
Closed on
Oct 16, 2013
Sold by
Walker Stephen R and Walker Cathrine L
Bought by
The Fidelity Bank
Purchase Details
Closed on
Aug 11, 2008
Sold by
Eldorado Development Corp
Bought by
Walker Stephen Randall and Walker Cathrine L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Douglas Scott | $55,000 | None Listed On Document | |
| Thompson Douglas Scott | $55,000 | None Listed On Document | |
| Zaloom Eleanor L | $40,000 | None Available | |
| The Fidelity Bank | $50,000 | None Available | |
| Walker Stephen Randall | $134,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Walker Stephen Randall | $107,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2024 02/15/24 | Sold | $55,000 | -7.6% | -- |
| 11/02/2023 11/02/23 | Price Changed | $59,500 | 0.0% | -- |
| 11/02/2023 11/02/23 | For Sale | $59,500 | +8.2% | -- |
| 10/31/2023 10/31/23 | Off Market | $55,000 | -- | -- |
| 06/07/2023 06/07/23 | For Sale | $62,000 | +55.0% | -- |
| 11/14/2017 11/14/17 | Sold | $40,000 | -5.9% | -- |
| 10/23/2017 10/23/17 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $42,500 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $300 | $45,792 | $45,792 | $0 |
| 2024 | $300 | $45,792 | $45,792 | $0 |
| 2023 | $300 | $45,792 | $45,792 | $0 |
| 2022 | $300 | $45,792 | $45,792 | $0 |
| 2021 | $300 | $45,792 | $45,792 | $0 |
| 2020 | $300 | $45,792 | $45,792 | $0 |
| 2018 | $890 | $134,800 | $134,800 | $0 |
| 2017 | $890 | $134,800 | $134,800 | $0 |
| 2016 | $890 | $134,800 | $134,800 | $0 |
| 2015 | $822 | $134,800 | $0 | $0 |
| 2014 | $822 | $134,750 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Patterson
-
Michael Bulvin
M
Buyer's Agent in 2024
Michael Bulvin
Redwood Realty Group LLC
(704) 245-5654
28 Total Sales
-
Mark McRae
Seller's Agent in 2017
Mark McRae
McRae Properties
(704) 985-3128
120 Total Sales
-
Jeff Lynch
Buyer's Agent in 2017
Jeff Lynch
RE/MAX Executives Charlotte, NC
(704) 737-3404
86 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4038386
APN: 6575-07-68-5384
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