NOT LISTED FOR SALE

Estimated Value: $669,000 - $793,222

2 Beds
1 Bath
1,150 Sq Ft
$632/Sq Ft Est. Value

Last Sold November 05, 2019

Last sale price $350,000 $304 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,156/month

197 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wooded Lot
  • Palisades Park Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of November 2019

WONDERFUL OPPORTUNITY TO BE ON THE WATER. COUNTY SEWER & WATER LINES BEING INSTALLED NOW. LG DOCK & RELAXING DECK W/12' (+/-) DEEP WATER & JET SKI RAMP, PROTECTIVE COVE OVERLOOKING THE MAIN CHANNEL ! EXCELLENT SOUTH CHARLOTTE LOCATION. SELLER ARGEES TO SELL THIS PROPERTY ONLY IF THE NEW BUYERS AGREES TO TEAR DOWN THIS EXISTING HOME WITHIN 3 YEARS. BEAUTIFUL TREED CUL-DE-SAC LOT WITH ALMOST .70 ACRES. TREMENDOUS VIEWS ALL YEAR LONG. According the most recent records, the 4 homes to right of this property all have an estimated market value of over 1 MILLION DOLLARS. TEAR DOWN AND BUILD YOUR DREAM HOME TODAY. SELLER MAY ALSO CONSIDER SELLING THE .70 DOCK ABLE LOT NEXT DOOR FOR A TOTAL OF 1.4 ACRES (COULD BE ONE LG PARCEL OR 2 BUILDABLE LOTS IN WHICH CASE NO TEAR DOWN WOULD BE REQUIRED) CALL FOR CLARIFICATION. 30 Min to Douglas International Airport, most times of the day. Again, a very rare & great opportunity !

Last Agent to Sell the Property

John Somjak

Realty One Group Revolution License #173178 Listed on: 04/06/2019

Realty One Group Revolution

Last Buyer's Agent

Jordan Keaton

Keller Williams Connected License #90233

Keller Williams Connected

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • Waterfront
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 217-311-08 To be verified
  • Tax Block 629

Community Details

Overview

  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.93583
  • Ratio Close Price By Original Li: 0.82353
  • Ratio Current Price By Acre: 507246.38
  • Ratio Current Price By Sq Ft: 304.35
  • Year Built: 1973
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Pier & Beam
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Propane
  • Fireplace Description: Living Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Available, Open Floorplan, Vaulted Ceiling
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Additional: 10
  • Main Level Sq Ft: 1150
  • Total Sq Ft: 1150
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Total: 240

Exterior Features

  • Construction: Rough Sawn, Wood
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating: Electric Hot Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Walking Trails

Schools

  • Elementary School: Palisades Park
  • Middle School: Southwest
  • High School: Olympic

Lot Info

  • Lot Dimension: .69 AC Lake Front
  • Lot Features: Cul-de-sac Lot, Lake Access, Paved Frontage, Lake, Trees, Views, Waterfront, Wooded, Year Round View
  • Lot Size Area: 0.690
  • Parcel Number: 217-311-08 To be verified
  • Plat Book Slide: 33296
  • Plat Reference Section Pages: 631
  • Zoning Specification: Res

Tax Info

  • Tax Value: 499000.00
  • Tax Block: 629
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
Nov 5, 2019
Sold by
Dewalt Peter W
Bought by
Stillman William P and Stillman Jean E
Seller's Agent
John Somjak
Realty One Group Revolution
Buyer's Agent
Jordan Keaton
Keller Williams Connected
List Price
$374,000
Sold Price
$350,000
Premium/Discount to List
-$24,000
-6.42%
Current Estimated Value
$726,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,306
Avg. Annual Appreciation
12.98%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Cranford Spencer Reid and Rockett Cynthia Ann
Bought by
Dewalt Peter W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,550
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2008
Sold by
Cranford Spencer Reid and Rockett Cynthia Ann
Bought by
Rosapenny Properties Llc

Purchase Details

Closed on
May 1, 2002
Sold by
Cranford Spencer R and Cranford Dale B
Bought by
Cranford Spencer Reid and Rockett Cynthia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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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
Stillman William P $350,000 None Available
Dewalt Peter W $389,000 None Available
Dewalt Mark W $130,000 None Available
Rosapenny Properties Llc $10,000 None Available
Cranford Spencer Reid $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewalt Peter W $369,550
Previous Owner Cranford Spencer Reid $200,000
Closed Cranford Spencer Reid $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2019 11/05/19 Sold $350,000 -6.4% $304 / Sq Ft
10/23/2019 10/23/19 For Sale $374,000 +6.9% $325 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
10/05/2019 10/05/19 Off Market $350,000 -- --
09/06/2019 09/06/19 Price Changed $374,000 -0.3% $325 / Sq Ft
07/11/2019 07/11/19 Price Changed $375,000 -3.6% $326 / Sq Ft
06/25/2019 06/25/19 Price Changed $389,000 -2.5% $338 / Sq Ft
05/31/2019 05/31/19 Price Changed $399,000 -4.8% $347 / Sq Ft
05/10/2019 05/10/19 Price Changed $419,000 -1.4% $364 / Sq Ft
04/06/2019 04/06/19 For Sale $425,000 -- $370 / 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
2025 -- $706,600 $459,000 $247,600
2024 -- $706,600 $459,000 $247,600
2023 $4,030 $507,600 $459,000 $48,600
2022 $4,030 $429,800 $303,800 $126,000
2021 $4,030 $375,500 $303,800 $71,700
2020 $4,030 $499,600 $405,000 $94,600
2019 $4,339 $499,600 $405,000 $94,600
2018 $4,030 $358,100 $300,000 $58,100
2017 $4,000 $358,100 $300,000 $58,100
2016 $3,949 $358,100 $300,000 $58,100
2015 $3,910 $358,100 $300,000 $58,100
2014 $3,845 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3493370

Canopy MLS (Canopy Realtor® Association)

APN: 217-311-08