NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,304,000

3 Beds
4.5 Baths
3,566 Sq Ft
$329/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2021

Last sale price $920,000 $258 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,020 / mo

4 Days on Market

Highlights

  • Waterfront
  • Private Lot
  • Separate Outdoor Workshop
  • Palisades Park Elementary School Rated A-
  • Engineered Wood Flooring
  • Attached Garage

About This Home

As of August 2021

Private custom built home with over 400 feet of waterfront shoreline 100 yards from the main channel of Lake Wylie. Home sits on approximately 1.3 acres with a dock and a cove view (seasonal main channel view). The original cabin was remodeled and a beautifully unique custom addition built providing 3 bedrooms and 4.5 bathrooms in the home. The kitchen was recently remodeled in 2018. The home has outdoor living space galore on a large deck, screened in porch and a patio with firepit. Opportunity abounds at the unique and wonderful property.

Last Agent to Sell the Property

J.D. "Jay" Rinehart, Jr.

Rinehart Realty Corporation License #236945 Listed on: 06/26/2021

Last Buyer's Agent

Kyle Keller

Keller Williams Ballantyne Area License #295501

Keller Williams Ballantyne Area

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • Waterfront
  • Private Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • Storage Room
  • Crawl Space

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Attached Garage
  • Gravel Driveway

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Utilities

  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 217-181-22

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

1.3 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 0.96842
  • Ratio Close Price By Original Li: 0.96842
  • Ratio Current Price By Acre: 707692.31
  • Ratio Current Price By Sq Ft: 257.99
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished, Block, Crawl Space
  • Upper Level Sq Ft: 1270
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Propane, Refrigerator
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Basement Shop, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 2296
  • Total Sq Ft: 3566
  • Sq Ft Unheated Basement: 633
  • Sq Ft Unheated Total: 633

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Storage Unit, Workshop

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Driveway

Utilities

  • Heating: Gas Hot Air Furnace, Propane
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Lake Access, Private, Sloping, Waterfront
  • Parcel Number: 217-181-22
  • Zoning Specification: R5

Tax Info

  • Tax Value: 573900.00
  • Tax Location: Mecklenburg

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Aug 23, 2021
Sold by
Thompson Phil A and Debruhl Patricia D
Bought by
Seller's Agent
J.D. "Jay" Rinehart, Jr.
Rinehart Realty Corporation
Buyer's Agent
Kyle Keller
Keller Williams Ballantyne Area
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Current Estimated Value
$1,174,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,799
Avg. Annual Appreciation
4.96%
Original Mortgage
$736,000
Outstanding Balance
$656,111
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$518,688

Purchase Details

Closed on
Nov 27, 2006
Sold by
Thompson Phil A and Debruhl Patricia D
Bought by
Rhyne Kenneth Michael and Rhyne Jane Parker

Purchase Details

Closed on
Aug 24, 1999
Sold by
Diane Debruhl Thompson Phil Atterberry
Bought by
Thompson Phil A and Debruhl Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,500
Interest Rate
7.58%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in The Palisades, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$920,000 Investors Title Insurance Co
Rhyne Kenneth Michael -- None Available
Thompson Phil A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $736,000
Previous Owner Thompson Phil A $303,000
Previous Owner Thompson Phil A $266,994
Previous Owner Thompson Phil A $100,000
Previous Owner Thompson Phil A $313,600
Previous Owner Thompson Phil Atterberry $298,500
Previous Owner Thompson Phil A $298,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $920,000 -3.2% $258 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $950,000 -- $266 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,453 $931,200 $374,000 $557,200
2024 $6,453 $931,200 $374,000 $557,200
2023 $6,067 $888,700 $374,000 $514,700
2022 $5,198 $575,400 $300,000 $275,400
2021 $5,936 $575,400 $300,000 $275,400
2020 $5,045 $573,900 $300,000 $273,900
2019 $4,979 $573,900 $300,000 $273,900
2018 $5,936 $528,600 $326,600 $202,000
2017 $5,893 $528,600 $326,600 $202,000
2016 $5,820 $528,600 $326,600 $202,000
2015 $5,763 $528,600 $326,600 $202,000
2014 $5,668 $0 $0 $0
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: CAR3754584

Canopy MLS

APN: 217-181-22

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