NOT LISTED FOR SALE

180 Willow Point Rd Unit 38 Troutman, NC 28166

Estimated Value: $2,599,676 - $4,232,000

0.73 Acre
$4,821,314 Price per Acre
31,799 Sq Ft Lot

Last Sold March 18, 2022

Last sale price $615,000

Est. 472% increase in value since last sale

Current estimated payment $19,324/month

26 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of March 2022

Private, serene waterfront lot tucked away in Troutman, NC. Enjoy amazing views of Lake Norman from this .73 acre lot located on Willow Point. Lovely cul-de-sac lot offers a peaceful easy feeling of being in the country but provides a quick commute to shopping, restaurants, and Troutman Schools. Relax and enjoy fun times watching the family and friends ski, fish, boat, and enjoy water activities since the lot is located on a main, open water channel. Property already permitted for 5 bedroom septic and includes build box, land/topography surveys, and new shoreline stabilization. NO HOA. Just 5-minute ride to Lake Norman State Park for other fun outdoor activities, bring trail bikes, hiking boots, or enjoy the outdoor camping facility. This is a great location in Troutman to enjoy lake living at its best.

Last Agent to Sell the Property

Susan Ayers

HomeZu License #216309 Listed on: 01/19/2022

Last Buyer's Agent

Susan Ayers

HomeZu License #216309 Listed on: 01/19/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,840

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Residential, Other
  • Zoning described as RR

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4629-82-6941.000
  • Tax Block 17

Property Details

Property Type

Land

Est. Annual Taxes

$8,840

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 842465.75
  • Restrictions: Manufactured Home Not Allowed
  • Road Frontage Type: Gravel Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential, Other

Exterior Features

  • Exterior Features: Other
  • Tax Location: No City Taxes Paid
  • Water Body Name: Lake Norman
  • Waterfront Features: Other

Utilities

  • Sewer: Septic Needed
  • Water Source: Well Needed

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Lake On Property, Lake Access, Sloped, Water View, Waterfront, Wooded, See Remarks
  • Lot Size Area: 0.73
  • Lot Size Units: Acres
  • Parcel Number: 4629-82-6941.000
  • Out Buildings Yn: 0
  • Plat Book Slide: Map Book 13
  • Zoning Description: RR

Tax Info

  • Tax Block: 17
  • RATIO List Price By Tax Amount: 1.85694

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 18, 2022
Sold by
Rodriguez Mark F and Rodriguez Christine A
Bought by
Porcello Andrew and Porcello Jennifer
Seller's Agent
Susan Ayers
HomeZu
Buyer's Agent
Susan Ayers
HomeZu
List Price
$668,500
Sold Price
$615,000
Premium/Discount to List
-$53,500
-8%
Current Estimated Value
$3,519,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,904,559
Avg. Annual Appreciation
64.15%
Original Mortgage
$461,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2015
Closed on
Jul 21, 2015
Sold by
Malpass Michael W and Malpass Patti W
Bought by
Rodriguez Mark F and Rodriguez Christine A
Seller's Agent
Sherilyn Boan
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Colleen Thorn
Century 21 DiGioia Realty
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Feb 2, 2000
Sold by
West Roy C and West Barbara S
Bought by
Malpass Michael W and Malpass Patti W

Purchase Details

Closed on
Jan 25, 2000
Sold by
West Roy C and West Barbara S
Bought by
Malpass Michael W and Malpass Patti W

Purchase Details

Closed on
Aug 4, 1999
Sold by
David Pope C and David Gail B
Bought by
West Roy C

Purchase Details

Closed on
Oct 1, 1987
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
Porcello Andrew $615,000 Carpenter Alan G
Rodriguez Mark F $300,000 The Title Co Of North Caroli
Malpass Michael W -- --
Malpass Michael W $225,000 --
West Roy C $185,000 --
-- $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porcello Andrew $461,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $615,000 -8.0% --
02/14/2022 02/14/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $668,500 +122.8% --
07/21/2015 07/21/15 Sold $300,000 -3.2% --
07/03/2015 07/03/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $310,000 -- --
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 $8,840 $1,399,880 $600,000 $799,880
2023 $3,754 $625,650 $600,000 $25,650
2022 $2,295 $360,000 $360,000 $0
2021 $2,259 $360,000 $360,000 $0
2020 $2,315 $360,000 $360,000 $0
2019 $2,225 $360,000 $360,000 $0
2018 $2,203 $360,000 $360,000 $0
2017 $2,248 $367,540 $360,000 $7,540
2016 $2,248 $367,540 $360,000 $7,540
2015 $2,293 $367,540 $360,000 $7,540
2014 $2,116 $367,540 $360,000 $7,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3822095

Canopy MLS (Canopy Realtor® Association)

APN: 4629-82-6941.000