$132,500
SOLD APR 6, 2017

187 Landing Trail Unit 10 Mount Gilead, NC 27306

0.5 Acre
$265,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

17% Below List Price

325 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of March 2018

Lot #10 at The Landing is a waterfront lot with approximately .50 acres. City sewer tap is in place. County water is available. The lot qualifies for a waterfront lease from Duke Energy for a boathouse / dock. This is a new gated community on Lake Tillery with a minimum restriction of 1200 hsf for homes. Come find your waterfront getaway spot to enjoy the tranquility and beauty of Lake Living at Tillery.

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Last Buyer's Agent

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Property Details

Property Type

  • Land

Year Built

  • 2017

Lot Details

  • Waterfront
  • Wooded Lot

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6575-18-31-7127

Property Details

Property Type

Land

Year Built

2017

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.92014
  • Ratio Close Price By Original Li: 0.82813
  • Ratio Current Price By Acre: 265000.00
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None
  • Year Built (Public Record): 2017

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 600.00
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 160 x 140
  • Lot Features: Waterfront, Water view, Lake, Wooded, Year Round View
  • Lot Size Area: 0.500
  • Parcel Number: 6575-18-31-7127
  • Zoning: SFR
  • Zoning Specification: SFR
  • Wooded Acres: 0.50

Tax Info

  • Tax Value: 187500.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Feb 23, 2018
Sold by
Cam Development Properties Inc
Bought by
Mcbride Rawley Raymond and Mcbride Cynthia B
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Tommy Blake
Blake Real Estate
List Price
$599,000
Sold Price
$605,100
Premium/Discount to List
$6,100
1.02%
Total Days on Market
325
Current Estimated Value
$980,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,471
Avg. Annual Appreciation
7.24%
Original Mortgage
$483,980
Interest Rate
4.43%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $605,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $407,000 New Conventional
Closed $483,980 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2018 03/29/18 Sold $605,100 +1.0% $293 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $599,000 +352.1% $290 / Sq Ft
04/06/2017 04/06/17 Sold $132,500 -17.2% $64 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $160,000 -- $78 / 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 $3,882 $592,685 $196,000 $396,685
2023 $3,882 $592,685 $196,000 $396,685
2022 $3,882 $592,685 $196,000 $396,685
2021 $3,882 $592,685 $196,000 $396,685
2020 $3,882 $592,685 $196,000 $396,685
2018 $1,996 $302,378 $187,500 $114,878
2017 $1,238 $187,500 $187,500 $0
2016 $1,238 $187,500 $187,500 $0
2015 $1,144 $187,500 $0 $0
2014 $1,144 $187,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3169639

Canopy MLS (Canopy Realtor® Association)

APN: 6575-18-31-7127