NOT LISTED FOR SALE

16330 Indian Mound Rd Norwood, NC 28128

Estimated Value: $832,000 - $1,048,000

3 Beds
4 Baths
2,744 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $525,000 $191 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,272/month

12 Days on Market

Highlights

  • Waterfront
  • Traditional Architecture
  • Cathedral Ceiling
  • Open Floorplan
  • Engineered Wood Flooring
  • Attached Garage

About This Home

As of August 2020

Quality is the word in this Custom Waterfront Home with so many special amenities! Lots of glass on the water side, cathedral ceilings and open floor plan with 2 fireplaces with gas logs! Nice, big sunroom/screened porch with big water view, perfect for all seasons! Kitchen features granite countertops, lovely cabinetry, stainless steel appliances and a view of the lake! Master on the Main with cathedral ceiling, wood flooring, large bathroom and a walk-in closet. Pretty guest rooms that overlook the water! HUGE den in the basement with lots of glass, leads out to the covered patio. Storage, storage storage! Garage in the basement, perfect for a third car or golf cart and plenty of room for a workshop, storage, etc. 2-car attached garage on the main with fantastic epoxy flooring & utility sink. Big boathouse with 1-slip and extra space for sunbathing, fishing and entertaining. Good water depth. Huge, level yard, perfect for pets, a play yard or just fun!

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #159889 Listed on: 06/30/2020

Last Buyer's Agent

Rosemary Lovin

Hunter Homes Realty License #283885

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Waterfront
  • Level Lot
  • Open Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Den with Fireplace

Flooring

  • Engineered Wood
  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6565-04-63-1614

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97403
  • Ratio Close Price By Original Li: 0.97403
  • Ratio Current Price By Acre: 656250.00
  • Ratio Current Price By Sq Ft: 191.33
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Year Built: 2000
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Brick
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Convection Oven, Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Security System, Self Cleaning Oven
  • Fireplace Description: Den, Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Linoleum, Prefinished Wood, Tile, Vinyl
  • Interior Amenities: Built-Ins, Cathedral Ceiling(s), Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 893
  • Main Level Sq Ft: 1851
  • Total Sq Ft: 2744
  • Sq Ft Unheated Basement: 733
  • Sq Ft Unheated Main: 299
  • Sq Ft Unheated Total: 1032

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 2

Utilities

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

Lot Info

  • Lot Dimension: Approx 90 ft waterfront
  • Lot Features: Level, Open Lot, Water view, Waterfront
  • Parcel Number: 6565-04-63-1614
  • Plat Reference Section Pages: 17-87
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 465397.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 5, 2020
Sold by
Hayes Teresa Goad and Moorefield Lawrence E
Bought by
Russell Amy William and Russell Tony Wayne
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Rosemary Lovin
Hunter Homes Realty
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Current Estimated Value
$933,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,715
Avg. Annual Appreciation
11.01%
Original Mortgage
$420,000
Outstanding Balance
$373,257
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$546,804

Purchase Details

Closed on
May 18, 2015
Sold by
Moorefield Lawrence E and Moorefield Helen J
Bought by
Hayes Teresa Goad and The Lawrence E Moorefield & Helen J Moor
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
Russell Amy William $525,000 None Available
Hayes Teresa Goad -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russell Amy William $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $525,000 -2.6% $191 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $539,000 -- $196 / 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 $4,382 $718,363 $267,624 $450,739
2024 $3,970 $559,168 $229,392 $329,776
2023 $3,910 $537,017 $229,392 $307,625
2022 $3,910 $537,017 $229,392 $307,625
2021 $3,947 $542,564 $229,392 $313,172
2020 $3,637 $465,397 $219,834 $245,563
2019 $3,669 $465,397 $219,834 $245,563
2018 $3,584 $465,397 $219,834 $245,563
2017 $3,584 $465,397 $219,834 $245,563
2016 $3,425 $444,756 $200,718 $244,038
2015 $3,569 $444,756 $200,718 $244,038
2014 -- $444,756 $200,718 $244,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3635794

Canopy MLS (Canopy Realtor® Association)

APN: 6565-04-63-1614