NOT LISTED FOR SALE

183 Futrell Landing Unit 26 New London, NC 28127

Estimated Value: $933,000 - $1,077,000

0.64 Acre
$1,560,394 Price per Acre
27,878 Sq Ft Lot

Last Sold August 13, 2019

Last sale price $105,000

Est. 851% increase in value since last sale

Current estimated payment $5,579/month

391 Days on Market

Highlights

  • Access To Lake
  • Gated Community
  • Clubhouse
  • Boat Slip
  • Waterfront
  • Wooded Lot

About This Lot

As of August 2019

Beautiful lake front lot on Badin Lake in the desirable Heron Bay subdivision is waiting for you to build your dream home ! This property has the perfect setting with long range water views as well as mountain views . Located within an hours drive of Charlotte, Greensboro and Winston Salem, this gated community offers a peaceful beauty to combine with your recreational lake activities. A deeded boat slip comes with this property located at the edge of this lot. A community clubhouse is available for your use. Walking trails , boat ramps and boat storage are also provided. An easement for foot traffic along the lakefront crosses this parcel. This lot would be perfect for your full time residence or as second home .

Last Agent to Sell the Property

Brian Belcher

RE/MAX Executive Brokerage Email: brian@4charlotte.com License #224195 Listed on: 03/13/2018

RE/MAX Executive

Co-Listed By

Steve Phillips

ProStead Realty Brokerage Email: brian@4charlotte.com License #280900

Last Buyer's Agent

Jennifer Martin

Becki Rice Realty License #107604

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,926

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 232x100x339x172
  • Waterfront
  • Cul-De-Sac
  • Wooded Lot
  • Possible uses of the property include Residential
  • Property is zoned R4

HOA Fees

  • $81 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Slab Foundation

Listing and Financial Details

  • Assessor Parcel Number 6662-08-88-5207

Community Details

Overview

  • Cedar Association, Phone Number (704) 321-1556
  • Heron Bay Subdivision
  • Mandatory home owners association

Recreation

  • Trails
  • Access To Lake
  • Boat Slip

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,926

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: brian@4charlotte.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Possible Use: Residential

Exterior Features

  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Water
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat Ramp – Community, Boat Slip (Deed), Lake
  • Other Structures: None

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Lake Access, Walking Trails
  • Association Fee: 975
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: cedar
  • Phone: 704-321-1556
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Waterfront, Wooded, Lake On Property
  • Lot Size Units: Acres
  • Parcel Number: 6662-08-88-5207
  • Can Be Subdivided: 0
  • Lot Size Acres: 0.64
  • Lot Size: 232x100x339x172
  • Lot Size Sq Ft: 27878
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Duffell Christopher Harold and Duffell Amy Kilburn
Bought by
Polage Christopher R and Hannon Emily A
Current Estimated Value
$998,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$484,996
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$513,656

Purchase Details

Listed on
Mar 13, 2018
Closed on
Jul 20, 2019
Sold by
Burns Eric W and Burns Casey G
Bought by
Duffell Christopher Harold and Duffell Amy Kilburn
Seller's Agent
Brian Belcher
RE/MAX Executive
Buyer's Agent
Jennifer Martin
Becki Rice Realty
List Price
$119,000
Sold Price
$105,000
Premium/Discount to List
-$14,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.39%
Original Mortgage
$390,700
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 27, 2007
Sold by
Taylor John A and Derr Jeffrey L
Bought by
Burns Eric W and Burns Casey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.19%
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
Polage Christopher R $990,000 --
Duffell Christopher Harold $105,000 None Available
Burns Eric W $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polage Christopher R $500,000
Previous Owner Duffell Christopher Harold $390,700
Previous Owner Burns Eric W $154,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2019 08/13/19 Sold $105,000 -11.8% --
04/08/2019 04/08/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $119,000 +13.3% --
09/30/2018 09/30/18 Off Market $105,000 -- --
03/13/2018 03/13/18 For Sale $119,000 -- --
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
2025 $2,926 $427,091 $105,600 $321,491
2024 $2,926 $427,091 $105,600 $321,491
2023 $2,926 $427,091 $105,600 $321,491
2022 $2,926 $427,091 $105,600 $321,491
2021 $2,862 $427,091 $105,600 $321,491
2020 $708 $105,600 $105,600 $0
2018 $972 $144,000 $144,000 $0
2017 $972 $144,000 $144,000 $0
2016 $972 $144,000 $144,000 $0
2015 $907 $144,000 $0 $0
2014 $907 $144,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3367751

Canopy MLS (Canopy Realtor® Association)

APN: 6662-08-88-5207