NOT LISTED FOR SALE

16174 Indian Mound Rd Norwood, NC 28128

Estimated Value: $1,535,000 - $3,680,665

35 Acres
$70,187 Price per Acre
1,524,600 Sq Ft Lot

Last Sold February 28, 2018

Last sale price $1,050,000 $897 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $13,374/month

18 Days on Market

About This Lot

As of February 2018

25 acre tract of flat waterfront on large Lake Tillery cove with main channel views. Over 1300 feet of water frontage with great potential for small development priced well below tax value and located just outside of the Norwood city limits with an additional 9 acres across Indian Mound Rd. There is a small older home and dock that the family has used in the past as a weekend get away.

Last Agent to Sell the Property

Brian Beachum and Megan Meadows

Pier View Properties License #266148 Listed on: 01/15/2018

Last Buyer's Agent

Brian Beachum and Megan Meadows

Pier View Properties License #266148 Listed on: 01/15/2018

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 6565-04-61-6803

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.87500
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Acre: 30000.00
  • Restrictions: No Representation
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes
  • Cleared Acres: 34.00

Utilities

  • Sewer: Septic Tank
  • Water: County Water

Lot Info

  • Lot Features: Waterfront, Water view, Lake Access, Level, Lake, Year Round View
  • Parcel Number: 6565-04-61-6803
  • Zoning Specification: R-20
  • Wooded Acres: 1.00
  • Can Be Subdivided: Yes
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 1677721.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Feb 28, 2018
Sold by
Gaskin Rebecca A and Mills Gail
Bought by
Doctors Point Llc
Seller's Agent
Brian Beachum and Megan Meadows
Pier View Properties
Buyer's Agent
Brian Beachum and Megan Meadows
Pier View Properties
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$2,456,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406,555
Avg. Annual Appreciation
11.48%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Doctors Point Llc $1,050,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $1,050,000 -12.5% $897 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $1,200,000 -- $1,026 / 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 $5,584 $915,400 $312,376 $603,024
2024 $3,371 $474,793 $272,776 $202,017
2023 $2,968 $404,347 $272,776 $131,571
2022 $2,752 $373,972 $272,776 $101,196
2021 $2,750 $373,972 $272,776 $101,196
2020 $3,552 $454,305 $402,621 $51,684
2019 $3,583 $454,305 $402,621 $51,684
2018 $3,475 $451,237 $399,553 $51,684
2017 $3,475 $451,237 $399,553 $51,684
2016 $3,210 $416,843 $366,553 $50,290
2015 $3,313 $416,843 $366,553 $50,290
2014 $503 $416,843 $366,553 $50,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3351745

Canopy MLS (Canopy Realtor® Association)

APN: 6565-04-61-6803

North Carolina Stanly County Norwood 28128

16174 Indian Mound Rd, Norwood, NC

Not Listed for Sale

Lots

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