NOT LISTED FOR SALE

185 Abington Ln Troutman, NC 28166

Estimated Value: $780,000 - $894,000

3 Beds
2 Baths
1,611 Sq Ft
$511/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $816,000 $507 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,646/month

97 Days on Market

Highlights

  • Docks
  • Waterfront
  • Private Lot
  • Boat Lift
  • Deck
  • Wooded Lot

About This Home

As of February 2024

Charming 1611 sq ft cottage has 3 bed/2 full baths. Last house at the end of the lane this .61 acre is surrounded by woods and nature. Walk down to your private dock and feel like you are on vacation everyday! Large great room area w/ brick fireplace, spacious primary bedroom, there is room for all of your friends and family to enjoy time at the lake. Lots of windows for great lake views. 2 Large deck areas, one off the sunroom and one off of the primary bedroom, they are both perfect for relaxing while overlooking the quiet cove. Great location on the lake and with easy access to The State Park and lakefront restaurants. Perfect investment vacation rental, weekend home or full time residence. Currently being used as a Airbnb (2022 grossed over $100k) Dock was built in 2020, has a 10k lb covered boat lift and PWC ramp. Available fully furnished (by separate negotiation) Boat is available to purchase as well.

Last Agent to Sell the Property

Brenda Priddy

Lake Norman Realty, Inc. Brokerage Phone: 704-663-3655 License #299526 Listed on: 10/29/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Kristin Hildebrand

RE/MAX Properties Plus, Inc. License #327243

RE/MAX Properties Plus, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot
  • Property is zoned RR

Parking

  • Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Lift
  • Docks
  • Deck
  • Fire Pit
  • Shed

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4629-77-3083.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,905

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1974
  • Road Surface Type: Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 506.52
  • Geocode Confidence: High
  • Attribution Contact: 704-663-3655
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1611
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven
  • Above Grade Finished Sq Ft: 1611
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1611
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • Exterior Features: Fire Pit, Dock
  • New Construction: No
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Dock
  • Construction Type: Wood
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Private, Wooded, Views, Waterfront
  • Lot Size Area: 0.61
  • Lot Size Units: Acres
  • Parcel Number: 4629-77-3083.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RR

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Lj Lambert Holdings Llc
Bought by
Lambert Lucas A and Lambert Jamie B
Current Estimated Value
$823,969

Purchase Details

Listed on
Oct 29, 2023
Closed on
Feb 15, 2024
Sold by
Biggs Brian and Biggs Amy
Bought by
Lj Lambert Holdings Llc
Seller's Agent
Brenda Priddy
Lake Norman Realty, Inc.
Buyer's Agent
Kristin Hildebrand
RE/MAX Properties Plus, Inc.
List Price
$825,000
Sold Price
$816,000
Premium/Discount to List
-$9,000
-1.09%
Views
102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.59%

Purchase Details

Listed on
Nov 28, 2020
Closed on
Jan 5, 2021
Sold by
Barker Giles Hugo Alexander and Brown Stacey Leigh
Bought by
Biggs Brian and Biggs Amy
Seller's Agent
Giles Barker
Premier Sotheby's International Realty
Buyer's Agent
Brenda Priddy
Lake Norman Realty, Inc.
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$431,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2019
Sold by
Barker Giles Hugo Alexander
Bought by
Barker Giles Hugo Alexander and Brown Stacy Leigh

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 4, 2018
Sold by
Throneburg James L and Throneburg Patrick Cline
Bought by
Barker Giles Hugo Alexander
Seller's Agent
Kristi Pfeufer
Madison & Company Realty
Buyer's Agent
Giles Barker
Premier Sotheby's International Realty
List Price
$215,000
Sold Price
$207,500
Premium/Discount to List
-$7,500
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.19%
Original Mortgage
$186,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1985

Purchase Details

Closed on
Jun 1, 1981

Purchase Details

Closed on
Jun 1, 1977
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
Lambert Lucas A -- None Listed On Document
Lambert Lucas A -- None Listed On Document
Lj Lambert Holdings Llc $816,000 None Listed On Document
Lj Lambert Holdings Llc $816,000 None Listed On Document
Biggs Brian $575,000 Master Title Agency Inc
Barker Giles Hugo Alexander -- None Available
Barker Giles Hugo Alexander $207,500 None Available
-- $108,500 --
-- $39,500 --
-- $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Biggs Brian $431,250
Previous Owner Barker Giles Hugo Alexander $186,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $816,000 -1.1% $507 / Sq Ft
01/29/2024 01/29/24 For Sale $825,000 +1.1% $512 / Sq Ft
11/30/2023 11/30/23 Off Market $816,000 -- --
10/29/2023 10/29/23 For Sale $850,000 +47.8% $528 / Sq Ft
01/06/2021 01/06/21 Sold $575,000 +4.5% $359 / Sq Ft View Prior Sale
11/30/2020 11/30/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $550,000 +165.1% $344 / Sq Ft
12/11/2018 12/11/18 Sold $207,500 -3.5% $131 / Sq Ft View Prior Sale
11/16/2018 11/16/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $215,000 -- $136 / Sq Ft
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 $3,905 $640,770 $375,000 $265,770
2023 $3,905 $640,770 $375,000 $265,770
2022 $2,660 $407,890 $225,000 $182,890
2021 $2,616 $407,890 $225,000 $182,890
2020 $2,298 $357,370 $225,000 $132,370
2019 $1,504 $240,310 $225,000 $15,310
2018 $1,927 $313,730 $225,000 $88,730
2017 $1,927 $313,730 $225,000 $88,730
2016 $1,927 $313,730 $225,000 $88,730
2015 $1,927 $313,730 $225,000 $88,730
2014 -- $314,360 $225,000 $89,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4078973

Canopy MLS (Canopy Realtor® Association)

APN: 4629-77-3083.000