NOT LISTED FOR SALE

16311 Croatan Ct Norwood, NC 28128

Estimated Value: $736,095 - $969,000

3 Beds
2 Baths
1,905 Sq Ft
$455/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $637,500 $335 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,852/month

109 Days on Market

Highlights

  • Boathouse
  • Deck
  • No HOA
  • Waterfront
  • Traditional Architecture
  • Screened Porch

About This Home

As of March 2023

Lovely, well maintained waterfront lake home nestled in the trees within established Sapona Trace neighborhood. This property offers beauty and privacy with mature landscaping, paved driveway and large lot. You are immediately welcomed with serene views of nature and a very open family room with 3 French doors leading you to wonderful shaded spaces for outside entertaining. The many beautiful kitchen and bathroom custom cabinets are timeless, cherry. The floor plan offers split bedrooms, with a masters suite and guest bedroom/bath creating privacy for everyone. Easily entertain guests year round from the large screen porch or the multi-level decks. The partial basement provides ample storage for tools, lawn equipment, etc. There is tremendous attic space that can be finished, if needed. Take a short stroll to the waterfront via the brick walkway, offering a single slip boathouse and dock area. Come savor this tranquil setting and fabulous home on beautiful Lake Tillery!

Last Agent to Sell the Property

Pam Brewer

LT Properties Brokerage Email: pambrewer3@yahoo.com License #224043 Listed on: 10/24/2022

Last Buyer's Agent

Rachel Peebles

Call It Closed International Inc License #298949

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.56 Acre Lot
  • Waterfront
  • Irrigation
  • Property is zoned R-20

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Propane Fireplace
  • Window Treatments
  • Family Room with Fireplace
  • Screened Porch
  • Home Security System

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Exterior Basement Entry
  • Crawl Space

Outdoor Features

  • Boathouse
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sapona Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6565-04-70-5799

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1989
  • Restrictions: No Representation
  • Special Assessment Description: Duke Energy waterfront yearly lease
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 334.65
  • Attribution Contact: pambrewer3@yahoo.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Parquet, Tile
  • Interior Amenities: Cable Prewire, Garden Tub, Kitchen Island, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1720
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 302
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 302
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 185
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1905
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Gas Unvented, Propane
  • Living Area: 1905
  • Window Features: Skylight(s), Window Treatments
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Dock
  • Construction Type: Wood
  • Patio And Porch Features: Deck, Front Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Faces Side

Utilities

  • Heating: Ductless, Forced Air, Heat Pump, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 6565-04-70-5799
  • Lot Size Acres: 0.56
  • Lot Size: 0.56
  • Lot Size Sq Ft: 24393
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-20

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Mar 23, 2023
Sold by
Jerry H And Linda H Parnell Family Trust
Bought by
Furgurson Steven Kyle and Peebles Rachel Blair
Seller's Agent
Pam Brewer
LT Properties
Buyer's Agent
Rachel Peebles
Call It Closed International Inc
List Price
$695,000
Sold Price
$637,500
Premium/Discount to List
-$57,500
-8.27%
Views
73
Current Estimated Value
$866,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,524
Avg. Annual Appreciation
11.74%
Original Mortgage
$509,000
Outstanding Balance
$489,499
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$376,525

Purchase Details

Closed on
Jun 13, 2016
Sold by
Parnell Jerry H and Parnell Linda H
Bought by
Parnell Jerry H and Parnell Linda H

Purchase Details

Closed on
Feb 1, 2012
Sold by
Parnell Jerry H and Parnell Linda H
Bought by
Parnell Jerry H and Parnell Linda H
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Furgurson Steven Kyle $637,500 None Listed On Document
Parnell Jerry H -- Attorney
Parnell Jerry H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Furgurson Steven Kyle $509,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $637,500 -5.6% $335 / Sq Ft
12/20/2022 12/20/22 Price Changed $675,000 -1.5% $354 / Sq Ft
11/22/2022 11/22/22 Price Changed $685,000 -1.4% $360 / Sq Ft
10/24/2022 10/24/22 For Sale $695,000 -- $365 / 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 $3,617 $593,011 $243,977 $349,034
2024 $2,620 $368,988 $179,472 $189,516
2023 $2,717 $368,988 $179,472 $189,516
2022 $2,717 $368,988 $179,472 $189,516
2021 $2,715 $368,988 $179,472 $189,516
2020 $2,525 $319,601 $171,994 $147,607
2019 $37 $319,601 $171,994 $147,607
2018 $2,461 $319,601 $171,994 $147,607
2017 $2,461 $319,601 $171,994 $147,607
2016 $2,345 $304,492 $160,777 $143,715
2015 $2,467 $304,492 $160,777 $143,715
2014 $2,141 $304,492 $160,777 $143,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3914925

Canopy MLS (Canopy Realtor® Association)

APN: 6565-04-70-5799