$1,500,000
SOLD AUG 22, 2022
5 Beds
4.5 Baths
4,502 Sq Ft
0.85 Acres

Recently Sold

$333 Per Sq Ft

15% Below List Price

23 Days on Market

Highlights

  • Covered Dock
  • Boat Lift
  • Cape Cod Architecture
  • Palisades Park Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of August 2022

This Nantucket style home in a cul-se-sac location of Custom homes offers wide main channel lake views, manicured grounds and a protected setting just inside the top of the peninsula. Stunning views are found from both inside and out and the owners have attended to every detail with the many recent upgrades to be detailed in a feature sheet. The main floor features the primary bedroom, family room and breakfast room both with fireplaces all looking out to the water and a separate private office. Upstairs 2 cozy bedrooms share a Jack and Jill bathroom and the lower level a recreation room with a third fireplace in and 2 more bedrooms each with their own private bathrooms. A new main level deck offers spacious outdoor main floor living and the completely re-done back yard with new sod, retaining walls, huge stone patio and firepit offer lots of room for outdoor actives. The very gently sloped back yard makes access easy to the water and boat dock.

Last Agent to Sell the Property

Robert Macleod

Boston MacLeod Realty License #202951 Listed on: 06/04/2022

Last Buyer's Agent

Margie Brady

Allen Tate Lake Norman License #266022

Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Private Lot
  • Irrigation
  • Cleared Lot
  • Property is zoned R-5, R5

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Stone Siding
  • Synthetic Stucco Exterior
  • Hardboard

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Propane Fireplace
  • Insulated Doors
  • Family Room with Fireplace
  • Recreation Room with Fireplace
  • Keeping Room with Fireplace
  • Laundry Room

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Boat Lift
  • Covered Dock
  • Deck
  • Patio
  • Fire Pit

Schools

  • Palisades Park Elementary School
  • Southwest Middle School
  • Palisades High School

Utilities

  • Central Heating
  • Geothermal Heating and Cooling
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Dwayne Reedy Association
  • Built by Custom
  • Mariners Watch Cove Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 217-232-39

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 2004
  • Ratio Current Price By Acre: 1764705.88
  • Doors and Windows: g-Insulated Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 333.19
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Kitchen Island, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2367
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 80
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 80
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 704
  • Porch: Back,Covered,Deck,Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), Gas Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Hood, Plumbed For Ice Maker, Microwave, Propane Cooktop, Radon Mitigation System, Refrigerator, Wall Oven
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1431
  • Fireplace Features: Family Room, Gas Log, Keeping Room, Propane, Recreation Room, Wood Burning, Other
  • Living Area: 4502
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation, Underground Power Lines, Wired Internet Available
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Water Body Name: Lake Wylie
  • Waterfront Features: Boat Lift, Covered structure, Dock
  • Construction Type: Fiber Cement, Hardboard Siding, Shingle Siding, Stone, Synthetic Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 867
  • Parking Features: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central, Gas Water Heater, Geothermal, Propane
  • Sewer: Community Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Dwayne Reedy
  • ResoAssociationFeeFrequency: SemiAnnually

Schools

  • Middle Or Junior School: Southwest
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Lake On Property, Long Range View, Private, Views, Water View, Waterfront, Year Round View
  • Lot Size Area: 0.85
  • Lot Size Units: Acres
  • Parcel Number: 217-232-39
  • Plat Book Slide: M21/853
  • Lot Size: Irregular
  • Zoning Description: R5
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Custom

Tax Info

  • RATIO List Price By Tax Amount: 1.51022

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Palisades Park
  • High School: Palisades

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2022
Closed on
Aug 5, 2022
Sold by
Dematteis Ii Reginald A and Dematteis Candace S
Bought by
Glen Bomberger Irrevocable Trust
Seller's Agent
Robert Macleod
Boston MacLeod Realty
Buyer's Agent
Margie Brady
Allen Tate Lake Norman
List Price
$1,775,000
Sold Price
$1,500,000
Premium/Discount to List
-$275,000
-15.49%
Current Estimated Value
$1,796,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,784
Avg. Annual Appreciation
6.69%

Purchase Details

Listed on
May 4, 2017
Closed on
Mar 26, 2018
Sold by
Meacham Jennifer Leigh and Meacham Brad
Bought by
Dematteis Reginald A and Dematteis Candace S
Seller's Agent
Drew Choate
Keller Williams Connected
Buyer's Agent
Debra Holloman
Carolina Homes Connection, LLC
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$453,100
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2013
Sold by
Gleason Patricia
Bought by
Meacham Jennifer Leigh and Meacham Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2012
Sold by
Artur State Bank
Bought by
Gleason Patricia

Purchase Details

Closed on
Mar 21, 2012
Sold by
Taing Rick U and Taing Rathana K
Bought by
Arthur State Bank

Purchase Details

Closed on
Jul 31, 2008
Sold by
Nash Gaynor Loomis and Nash Kathleen Sue
Bought by
Taing Rick U and Taing Rathana K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Schill Richard and Schill Joan
Bought by
Nash Gaynor Loomis and Nash Kathleen Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,500,000 Chicago Title
Warranty Deed $1,175,000 None Available
Interfamily Deed Transfer $580,000 None Available
Warranty Deed $580,000 None Available
Deed -- None Available
Warranty Deed $610,000 None Available
Warranty Deed $625,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $453,100 New Conventional
Previous Owner $250,900 New Conventional
Previous Owner $403,200 New Conventional
Previous Owner $411,500 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $250,000 Unknown
Previous Owner $617,000 Construction
Previous Owner $417,000 New Conventional
Previous Owner $549,000 Purchase Money Mortgage
Previous Owner $228,800 Credit Line Revolving
Previous Owner $333,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $1,500,000 -7.7% $333 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $1,625,000 -8.5% $361 / Sq Ft
06/04/2022 06/04/22 For Sale $1,775,000 +51.1% $394 / Sq Ft
03/26/2018 03/26/18 Sold $1,175,000 -6.0% $259 / Sq Ft
11/16/2017 11/16/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,250,000 -- $275 / 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 -- $1,446,500 $510,000 $936,500
2024 -- $1,446,500 $510,000 $936,500
2023 $7,972 $1,446,500 $510,000 $936,500
2022 $7,972 $1,119,900 $450,000 $669,900
2021 $7,972 $1,076,000 $450,000 $626,000
2020 $7,972 $1,076,000 $450,000 $626,000
2019 $9,305 $1,076,000 $450,000 $626,000
2018 $8,129 $724,800 $300,000 $424,800
2017 $8,071 $724,800 $300,000 $424,800
2016 $7,972 $724,800 $300,000 $424,800
2015 $7,896 $724,800 $300,000 $424,800
2014 $7,766 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3866139

Canopy MLS (Canopy Realtor® Association)

APN: 217-232-39