NOT LISTED FOR SALE

172 E Cove Dr Macon, NC 27551

Estimated Value: $650,000 - $921,000

3 Beds
2.5 Baths
2,103 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $525,000 $250 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,599/month

3 Days on Market

Highlights

  • Boathouse
  • Waterfront
  • Views of Cove
  • Jet Ski or Personal Watercraft Lift
  • Rear Porch
  • Central Air

About This Home

As of June 2018

Beautifully Maintained Lake House, Flat 1.15 Acre Waterfront Lot, Wide Cove to Main Lake Views. Open main level with sliders and windows along the lakeside to allow free flow to lakeside deck. LR w/ FP, formal DR, Kitchen with island & informal seating for 5, stainless steel appliances. 2 BR, BA and 1/2 BA. Upper level large MBR w/ private lakeside balcony, BA & undesignated room which could be office or for guests. Lakeside decking is partially covered & also runs along the side of home. Detached 2-car garage with the added bonus of a finished “studio-like” space offering a kitchenette, bathroom & walk-in closets. Parcel is close to Hubquarter Creek entrance, outbuilding storage & irrigation system. Water amenities include double boathouse w/ jet ski lift and deck sitting area. Community boat ramp to its residents. Great for either full-time or part-time Lake Gaston living.

Last Agent to Sell the Property

Michael Gupton

South Shore Realty, Inc. Listed on: 05/10/2018

Last Buyer's Agent

Rebecca Marley

Waterfront Prop at Lake Gaston License #216016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.15 Acre Lot
  • Waterfront
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,103 Sq Ft Home
  • 1.5-Story Property
  • Vinyl Clad Windows
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Views of Cove
  • Crawl Space

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Jet Ski or Personal Watercraft Lift
  • Boathouse
  • Storage Shed
  • Rear Porch

Schools

  • Warren County Elementary School
  • Warren County Middle School
  • Warren County High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • Mariners Cove Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 2090332480

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Directions: Hubquarter Rd to Mariners Cove Rd. Left on E Cove Drive. Property will be on right. Look for real estate sign. 172 E Cove Drive.
  • Property Sub Type: Modular-Off Frame,Residential/Vacation
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size Acres: 1.15
  • Lot Size: 50045
  • Road Surface Type: Paved
  • Water Body Name: Lake Gaston SW Quad
  • Subdivision Name: Mariners Cove
  • Above Grade Finished Sq Ft: 2103
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Range/Oven-Gas, Washer, Dryer
  • Has Basement: None
  • Interior Amenities: Work Island
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated
  • Fireplace Features: Living Room, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 2103
  • Window Features: Insulated Windows, Vinyl Clad

Exterior Features

  • Fencing: None
  • Lot Features: Irrigation System
  • View: Cove, Cove to Main View
  • View: Yes
  • Waterfront Features: Boathouse/Double, Jet Ski Lift (s), Lake Gaston
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Crawl Space
  • Other Structures: Storage Building
  • Patio And Porch Features: Rear Porch, Side Porch
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Double Detached Garage, Garage w/Finished Bonus Room Above, Gravel Drive

Utilities

  • Cooling: Central Air
  • Heating: Electric, Fireplace(s), Natural Gas, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Washer &/or Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Warren County
  • High School: Warren County
  • Middle Or Junior School: Warren County

Lot Info

  • Lot Size Sq Ft: 50094
  • Farm Land Area Units: Square Feet
  • Parcel #: 2090332480
  • Zoning Description: Lakeside Residential/Warren Co
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Book Number: 23/6
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 15, 2018
Sold by
Tharrington David L and Tharrington Deborah W
Bought by
Lewis John C and Lewis Michele M
Seller's Agent
Michael Gupton
South Shore Realty, Inc.
Buyer's Agent
Rebecca Marley
Waterfront Prop at Lake Gaston
List Price
$525,000
Sold Price
$525,000
Current Estimated Value
$793,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,663
Avg. Annual Appreciation
5.61%
Original Mortgage
$175,000
Outstanding Balance
$151,684
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$641,979

Purchase Details

Closed on
Jun 8, 2009
Sold by
Zimmerman Kathaleen W and Zimmerman Raymond L
Bought by
Tharrington David L and Tharrington Deborah W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2008
Sold by
Sandman Stephen B
Bought by
Zimmerman Kathaleen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
Sold by
Lg Ventures Llc
Bought by
Sandman Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lewis John C -- --
Tharrington David L $450,000 None Available
Zimmerman Kathaleen W $565,000 None Available
Sandman Stephen B $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis John C $175,000
Previous Owner Tharrington David L $360,000
Previous Owner Zimmerman Kathaleen W $365,000
Previous Owner Sandman Stephen B $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2018 06/18/18 Sold $525,000 0.0% $250 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $525,000 -- $250 / Sq Ft
Source: Roanoke Valley Lake Gaston Board of REALTORS®

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 $5,189 $830,017 $510,000 $320,017
2024 $4,126 $465,019 $255,000 $210,019
2023 $4,126 $465,019 $255,000 $210,019
2022 $3,976 $465,019 $0 $0
2021 $4,103 $465,019 $0 $465,019
2019 $4,166 $465,019 $255,000 $210,019
2018 $4,013 $465,019 $255,000 $210,019
2017 $4,013 $465,019 $255,000 $210,019
2016 $4,330 $546,017 $350,000 $196,017
2015 -- $546,017 $0 $0
2014 -- $532,449 $0 $0
2010 -- $552,853 $350,000 $202,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Lake Gaston Board of REALTORS®

MLS Number: 120780

APN: J3A 53