NOT LISTED FOR SALE

176 Windwood Ln Unit 43 Troutman, NC 28166

Estimated Value: $1,586,000 - $1,791,932

1.58 Acres
$1,049,353 Price per Acre
68,825 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $230,000

Est. 621% increase in value since last sale

Current estimated payment $9,701/month

310 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of October 2020

Unique opportunity to own side by side WATERFRONT lots on the shores of renown Lake Norman! These rare properties are situated beautifully in a serene cove of Hawkes Bay looking out to a main channel with a combined 400+ ft of pristine shoreline and 3.22 acres of land. Purchase them as a package or individually. Each buildable lot was approved for a PIER PERMIT from Duke Power in 2002. This individual 1.58 acre waterfront lot has been evaluated by Carolina Soil & Septic Consulting. And the evaluation report states there is enough usable space and soil to support a 4 BEDROOM SEPTIC and repair system. Additional bonus, Hawkes Bay is conveniently located near the entrance of Lake Norman State Park, offering the outdoor enthusiast many recreational activities such as hiking, biking, fishing and more. Come build your waterfront dream home and start living the lake life! Schedule a viewing today! Lot #42 is the adjacent lot also available, (170 Windwood Ln). See MLS #3561613.

Last Agent to Sell the Property

Jack Beckman

Southern Homes of the Carolinas, Inc License #283036 Listed on: 10/22/2019

Last Buyer's Agent

Susan Johnson

Keller Williams Lake Norman License #242878

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $57 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Hawkes Bay HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4629-52-2846.000
  • Tax Block 1

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$57 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.92000
  • Ratio Close Price By Original Li: 0.65714
  • Ratio Current Price By Acre: 145569.62
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Association Fee: 685.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Hawkes Bay HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Troutman
  • Middle School: Unspecified
  • High School: South Iredell

Lot Info

  • Lot Dimension: 227'x404'x154'x370'
  • Lot Features: Lake Access, Sloping, Water view, Waterfront, Wooded
  • Lot Size Area: 1.580
  • Parcel Number: 4629-52-2846.000
  • Zoning Specification: R20
  • Plat Book Slide: 34
  • Plat Reference Section Pages: 56

Tax Info

  • Tax Value: 240000.00
  • Tax Block: 1
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Oct 12, 2020
Sold by
Hannan Peter A and Hannan Chyrisse I
Bought by
Lynchard Charles W and Lynchard Stephanie J
Seller's Agent
Jack Beckman
Southern Homes of the Carolinas, Inc
Buyer's Agent
Susan Johnson
Keller Williams Lake Norman
List Price
$350,000
Sold Price
$230,000
Premium/Discount to List
-$120,000
-34.29%
Current Estimated Value
$1,657,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,427,977
Avg. Annual Appreciation
49.11%

Purchase Details

Closed on
Feb 2, 2009
Sold by
Hannan Peter A and Hannan Chyrisse A Israel
Bought by
Hannan Peter A and Hannan Chyrisse I

Purchase Details

Closed on
Jul 3, 2002
Sold by
Crescent Communities Nc Llc
Bought by
Hannan Peter A and Israel Chyrisse A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Lynchard Charles W $230,000 Lkn Title Llc
Hannan Peter A -- None Available
Hannan Peter A $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynchard Charles W $600,000
Previous Owner Hannan Peter A $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $230,000 -8.0% --
08/27/2020 08/27/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $250,000 -16.6% --
04/10/2020 04/10/20 Price Changed $299,900 -7.7% --
02/12/2020 02/12/20 Price Changed $324,900 -7.2% --
10/22/2019 10/22/19 For Sale $350,000 -- --
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 $7,323 $1,210,520 $400,000 $810,520
2023 $7,323 $1,210,520 $400,000 $810,520
2022 $1,530 $240,000 $240,000 $0
2021 $1,506 $240,000 $240,000 $0
2020 $1,506 $240,000 $240,000 $0
2019 $1,446 $240,000 $240,000 $0
2018 $1,434 $240,000 $240,000 $0
2017 $1,434 $240,000 $240,000 $0
2016 $1,434 $240,000 $240,000 $0
2015 $1,434 $240,000 $240,000 $0
2014 $888 $161,500 $161,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3561728

Canopy MLS (Canopy Realtor® Association)

APN: 4629-52-2846.000