NOT LISTED FOR SALE

166 Cape Cod Way Unit 1139 Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $3,051,412 - $3,181,000

5 Beds
8 Baths
6,285 Sq Ft
$498/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $1,737,500 $276 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $18,791/month

16 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Waterfront
  • Woodland Heights Elementary School Rated A-
  • Whirlpool in Pool
  • Open Floorplan

About This Home

As of June 2019

Expansive lake views from this waterfront, stone & stucco home on a calm & peaceful Lake Norman cove. This home's 5 bedrooms, 6 full baths and 2 half baths provide first class accommodations. Enjoy the lake breezes on the covered lanai, or take in the award winning lower level Grotto with accordion doors that open to outdoor living space with bar, fireplace, pool, hot tub and splash pool. Custom wine cellar, stone walls, tongue & groove ceilings, travertine, and pool side suite all provide a luxurious resort style setting. Recent updates include, 58x113 kitchen island w/RO water tap, whole house water filtration & softener, U-line wine cooler, GE Monogram Professional double ovens, refinished hardwood floors, fresh paint interior and exterior, carpet, new roof & gutter guards. Deeded boatslip #7 at Pier 'O' can be seen from the rear lake view of this home and is steps away from the backyard. (see attachments) Come see for yourself and make this spectacular home your paradise!

Last Listed By

Dan Muller

ProStead Realty Listed on: 03/15/2019

ProStead Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Waterfront
  • Irrigation

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Stone
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Pool

  • Whirlpool in Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace
  • Terrace

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4624-58-2984.000

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$113 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Ratio Close Price By List Price: 0.96533
  • Ratio Close Price By Original Li: 0.96533
  • Ratio Current Price By Acre: 2199367.09
  • Ratio Current Price By Sq Ft: 276.45
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Concrete
  • Upper Level Sq Ft: 1770
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Central Vacuum, CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Downdraft Cooktop, Electric Dryer Hookup, Ice Maker Connection, Intercom, Microwave, Natural Gas, Network Ready, Refrigerator, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Gas Vented, Great Room, Living Room, Natural Gas, Porch, Wood burning w/Gas Starter
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Stone, Tile, Wood
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Walk-in, Built-Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Whirlpool, Window Treatments
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1412
  • Main Level Sq Ft: 3103
  • Total Sq Ft: 6285
  • Sq Ft Unheated Basement: 728
  • Sq Ft Unheated Total: 728

Exterior Features

  • Construction: Hard Stucco, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Hot Tub, In-Ground Irrigation, Pool-In-Ground, Outdoor Fireplace, Terrace

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Humidifier, Multizone A/C, MultiZone Heat, Natural Gas, g-Radiant Heated Floors
  • Sewer: Septic Installed
  • Water: Community Well, Filtration System, Water Softener System
  • Water Heater: Natural Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Golf Course, Lake, Playground, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 677.50
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodland Heights
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 197x231x101x237
  • Lot Features: Waterfront, Year Round View
  • Lot Size Area: 0.790
  • Parcel Number: 4624-58-2984.000
  • Zoning Specification: R

Tax Info

  • Tax Value: 1522210.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 13, 2019
Sold by
Muller Elaine Friday and Elaine Friday Muller Revocable
Bought by
Mcatee Perry Wayne and Mcatee Adda M
Seller's Agent
Dan Muller
ProStead Realty
Buyer's Agent
Kim Butler
EXP Realty LLC Mooresville
List Price
$1,799,900
Sold Price
$1,737,500
Premium/Discount to List
-$62,400
-3.47%
Total Days on Market
16
Current Estimated Value
$3,129,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,391,637
Avg. Annual Appreciation
10.60%
Original Mortgage
$1,360,000
Outstanding Balance
$1,208,076
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,953,621

Purchase Details

Closed on
Feb 3, 2015
Sold by
Dymond Elaine F and Elaine Friday Dymond Revocable
Bought by
Muller Elaine Friday and Elaine Friday Muller Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
3.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2004
Sold by
Tom Stevenson Building Co Inc
Bought by
Elaine Friday Dymond Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$992,000
Interest Rate
3.5%
Mortgage Type
Commercial

Range of Values:

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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
Mcatee Perry Wayne $1,737,500 None Available
Muller Elaine Friday -- None Available
Elaine Friday Dymond Revocable Trust $1,240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcatee Perry Wayne $1,360,000
Previous Owner Muller Elaine Friday $812,000
Previous Owner Elaine Friday Dymond Revocable Trust $992,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $1,737,500 -3.5% $276 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $1,799,900 -- $286 / 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
2024 $13,961 $2,356,160 $467,500 $1,888,660
2023 $13,961 $2,356,160 $467,500 $1,888,660
2022 $9,933 $1,573,420 $330,000 $1,243,420
2021 $9,929 $1,573,420 $330,000 $1,243,420
2020 $9,929 $1,573,420 $330,000 $1,243,420
2019 $9,772 $1,573,420 $330,000 $1,243,420
2018 $9,147 $1,522,210 $302,500 $1,219,710
2017 $8,994 $1,496,600 $302,500 $1,194,100
2016 $8,994 $1,496,600 $302,500 $1,194,100
2015 $9,416 $1,496,600 $302,500 $1,194,100
2014 $8,309 $1,405,510 $286,000 $1,119,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3484749

Canopy MLS (Canopy Realtor® Association)

APN: 4624-58-2984.000