$50,000
SOLD JAN 17, 2023

174 Twin Creeks Dr Troutman, NC 28166

1.03 Acres
$48,544 Price per Acre
44,867 Sq Ft Lot

Recently Sold

11% Above List Price

42 Days on Market

About This Lot

As of December 2023

Seller is in receipt of mulitple offers. Highest and Best offers due by noon tomorrow 12/8.
Don't miss this chance!! Lot being sold at almost tax value!!!!
Rare, Large & Gorgeous Lot with No HOA! Tons of road frontage and in well kept custom built homes neighborhood! Bring your own builder for your dream home. Lot may allow for a basement. Nice mainly level lot with slight slope at the back of the property. CCRs in place but no active HOA formed. Close to Lake Norman State park where there is hiking trails, beach, biking, etc. Conveniently located near downtown Troutman where there is dining, grocery store, pharmacy and minutes from Mooresville and I-77 too.

Last Agent to Sell the Property

Darlene Teeter

Lake Norman Realty, Inc. License #82193 Listed on: 12/06/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Darlene Teeter

Lake Norman Realty, Inc. License #82193 Listed on: 12/06/2022

Lake Norman Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,463

Lot Details

  • Paved or Partially Paved Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as RA

Additional Features

  • Crawl Space
  • Septic Needed

Community Details

  • Twin Creek Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4730-45-3757.000

Property Details

Property Type

Land

Est. Annual Taxes

$3,463

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 48543.69
  • Restrictions: Square Feet
  • Road Frontage Type: Paved Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Wooded Acres: 1.03

Utilities

  • Sewer: Septic Needed
  • Water Source: Public

Schools

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

Lot Info

  • Lot Features: Paved, Wooded
  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Parcel Number: 4730-45-3757.000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Cleared Acres: 0.00
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.12500

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Farrell Timothy Roy and Farrell Elizabeth Barrett
Bought by
Farrell Family Living Trust and Farrell
Current Estimated Value
$661,566

Purchase Details

Listed on
Nov 26, 2023
Closed on
Dec 13, 2023
Sold by
Northlake Developers Llc
Bought by
Farrell Timothy Roy and Farrell Elizabeth Barrett
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Janine Fields
Southern Homes of the Carolinas, Inc
List Price
$699,000
Sold Price
$699,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.92%
Original Mortgage
$299,000
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2023
Sold by
Ternay Eileen
Bought by
Northlake Developers Llc

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 16, 2023
Sold by
Ternay Eileen
Bought by
Northlake Development Llc
Seller's Agent
Darlene Teeter
Lake Norman Realty, Inc.
Buyer's Agent
Darlene Teeter
Lake Norman Realty, Inc.
List Price
$45,000
Sold Price
$50,000
Premium/Discount to List
$5,000
11.11%
Views
58

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
175.28%

Purchase Details

Listed on
Apr 7, 2010
Closed on
Aug 2, 2012
Sold by
Peoples Bank
Bought by
Ternay John S and Ternay Eileen
Seller's Agent
David Reitzel
Real Estate Advisory Services
Buyer's Agent
Crystal Fry
Titan Realty, Inc.
List Price
$32,900
Sold Price
$10,200
Premium/Discount to List
-$22,700
-69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%

Purchase Details

Closed on
Mar 1, 2010
Sold by
Touchstone Development Inc
Bought by
Peoples Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $699,000 Title Wizard
Warranty Deed -- None Listed On Document
Warranty Deed $50,000 --
Special Warranty Deed $10,500 None Available
Trustee Deed $35,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $299,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $699,000 0.0% $239 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $699,000 +1298.0% $239 / Sq Ft
01/17/2023 01/17/23 Sold $50,000 +11.1% --
12/06/2022 12/06/22 For Sale $45,000 +341.2% --
09/20/2012 09/20/12 Sold $10,200 -69.0% --
06/11/2012 06/11/12 Pending -- -- --
04/07/2010 04/07/10 For Sale $32,900 -- --
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 $3,463 $567,100 $55,000 $512,100
2023 $3,463 $55,000 $55,000 $0
2022 $255 $40,000 $40,000 $0
2021 $251 $40,000 $40,000 $0
2020 $251 $40,000 $40,000 $0
2019 $241 $40,000 $40,000 $0
2018 $239 $40,000 $40,000 $0
2017 $239 $40,000 $40,000 $0
2016 $239 $40,000 $40,000 $0
2015 $239 $40,000 $40,000 $0
2014 $248 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3927706

Canopy MLS (Canopy Realtor® Association)

APN: 4730-45-3757.000