G
Seller's Agent in 2020
G.I. 'Lawrie' Lawrence
Century 21 Lawrie Lawrence
174 Magnolia Farms Ln Mooresville, NC 28117
Lake Norman NeighborhoodEstimated Value: $1,082,000 - $1,564,839
4
Beds
4.5
Baths
6,561
Sq Ft
$212/Sq Ft
Est. Value
Highlights
- Clubhouse
- Private Lot
- Wood Flooring
- Woodland Heights Elementary School Rated A-
- Transitional Architecture
- Community Pool
About This Home
As of November 2020LOCATION! LOCATION! One of the most desirable locations! Over 6000sq ft! 4BR, 4.1 BA home w/basement. 2 story entrance takes your breath away! DR w/wainscoting and butlers pantry to kitchen. Office has built-ins. Great room w/nice built-ins and exit to screened porch. Kitchen has double ovens, 5 br gas cooktop, stainless appliances, walk-in pantry, built-in wine rack and desk area. Eating area overlooks the private, wooded backyard w/exit to expansive deck. Second staircase off kitchen. Owners retreat is huge w/lighted tray ceiling and large sitting area. Ensuite bath has dual sinks, large tub and walk-in shower. Dual closets. Secondary BR1 has private bath. Secondary BR 2&3 are oversized and share a jack n jill bath. Lower level has an expansive rec area/game room/TV room. Another flex room and full bath. Large laundry off the 3 car garage. Split garage plan. Septic located across the street. New roof. Walk-in attic-great for storage. This home is a must see!
Last Agent to Sell the Property
G.I. 'Lawrie' Lawrence
Century 21 Lawrie Lawrence License #270379 Listed on: 07/27/2020
Last Buyer's Agent
Michele Burton
Southern Homes of the Carolinas, Inc License #243941
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- Private Lot
- Irrigation
- Many Trees
HOA Fees
- $131 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Transitional Architecture
- Stone Siding
Interior Spaces
- Tray Ceiling
- Fireplace
- Insulated Windows
- Permanent Attic Stairs
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Outdoor Features
- Fire Pit
Utilities
- Heating System Uses Natural Gas
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4626-74-6460.000
Community Details
Overview
- First Service Residential Association
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2020
Closed on
Nov 20, 2020
Sold by
Portelance Timothy P and Portelance Wendy
Bought by
Traugh Adam L and Traugh Katerin P
Seller's Agent
G.I. 'Lawrie' Lawrence
Century 21 Lawrie Lawrence
Buyer's Agent
Michele Burton
Southern Homes of the Carolinas, Inc
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,960
Avg. Annual Appreciation
12.69%
Original Mortgage
$628,000
Outstanding Balance
$561,375
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$829,585
Purchase Details
Closed on
Aug 24, 2005
Sold by
Robinette Jay
Bought by
Portelance Tim and Portelance Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Traugh Adam L | $785,000 | Southern Homes Title Inc | |
| Portelance Tim | $720,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Traugh Adam L | $628,000 | |
| Previous Owner | Portelance Tim | $576,000 | |
| Closed | Portelance Tim | $71,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2020 11/20/20 | Sold | $785,000 | -1.8% | $120 / Sq Ft |
| 10/14/2020 10/14/20 | Pending | -- | -- | -- |
| 07/27/2020 07/27/20 | For Sale | $799,000 | -- | $122 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $6,659 | $1,118,460 | $142,500 | $975,960 |
| 2023 | $6,659 | $1,118,460 | $142,500 | $975,960 |
| 2022 | $5,475 | $862,900 | $85,500 | $777,400 |
| 2021 | $4,887 | $769,940 | $85,500 | $684,440 |
| 2020 | $4,887 | $769,940 | $85,500 | $684,440 |
| 2019 | $4,810 | $769,940 | $85,500 | $684,440 |
| 2018 | $4,356 | $720,290 | $66,500 | $653,790 |
| 2017 | $4,356 | $720,290 | $66,500 | $653,790 |
| 2016 | $4,356 | $720,290 | $66,500 | $653,790 |
| 2015 | $4,356 | $720,290 | $66,500 | $653,790 |
| 2014 | $3,789 | $673,340 | $66,500 | $606,840 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2020
Michele Burton
Southern Homes of the Carolinas, Inc
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3639605
APN: 4626-74-6460.000
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