NOT LISTED FOR SALE

197 Apache Rd Unit 2A Troutman, NC 28166

Estimated Value: $1,938,000

4 Beds
4.5 Baths
3,891 Sq Ft
$498/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $1,235,000 $317 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,182/month

68 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Arts and Crafts Architecture
  • Open Floorplan
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2018

You are the only thing missing from this meticulously crafted custom lake front home, the perfect place for family gatherings or quiet evenings. Sitting on over 5 acres with over 1,000 ft of shoreline this is one of the most private & tranquil settings on Lake Norman. The home includes upgrades & custom features throughout. The kitchen & large dining are designed for entertaining w/ stunning water vistas, center island, Wolf gas range, commercial SS 42” fridge, beverage center & walk-in pantry. Sophisticated family room w/ stone fireplace is enhanced by beautiful lake views & access to both the covered & screened porches. Sit fireside by the wood burning FP on the screened porch w/ tongue & grooved beamed ceiling for cool evenings overlooking the lake. The master retreat boasts a luxurious bath & two walk-in closets. Laundry & drop zone leading to garage or second stairs. 2nd floor has three large BR’s, theater/recreation or office, loft & small study. No HOA & pier with covered dock.

Last Agent to Sell the Property

Libby Offnick

RE/MAX Executive License #150522 Listed on: 09/04/2018

RE/MAX Executive

Last Buyer's Agent

Laura Bowman-Messick

Berkshire Hathaway Homeservices Landmark Prop License #122335

Berkshire Hathaway Homeservices Landmark Prop

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Waterfront
  • Irrigation
  • Wooded Lot

Parking

  • Attached Garage
  • Workshop in Garage
  • Gravel Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Fire Pit

Utilities

  • Well
  • Cable TV Available

Community Details

  • Built by Shaw
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4639-28-1700.000
  • Tax Block 115

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96863
  • Ratio Close Price By Original Li: 0.91481
  • Ratio Current Price By Acre: 218197.88
  • Ratio Current Price By Sq Ft: 317.40
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1822
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Gas, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Network Ready, Refrigerator, Self Cleaning Oven, Wall Oven, Propane, Downdraft Cooktop, Gas Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented, Porch, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Cable Available, Garage Shop, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 820
  • Main Level Sq Ft: 2069
  • Total Sq Ft: 3891

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Attached Garage, Garage - 2 Car, Parking Space - 3, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Airfield, Lake

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Dimension: varies
  • Lot Features: Water view, Waterfront, Wooded, Year Round View
  • Lot Size Area: 5.660
  • Parcel Number: 4639-28-1700.000
  • Plat Book Slide: 59
  • Zoning Specification: RS

Building Info

  • Builder Name: Shaw

Tax Info

  • Tax Value: 673670.00
  • Tax Block: 115
  • Tax Location: Troutman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Epstein Jeffrey Bruce and Zaharias Epstein Kimberlee
Bought by
Epstein Jeffrey and Zaharias Epstein Kimberlee
Current Estimated Value
$1,938,000

Purchase Details

Listed on
Sep 4, 2018
Closed on
Dec 13, 2018
Sold by
Foster W Kendall and Foster William Kendall
Bought by
Epstein Jeffrey Bruce and Zaharias Epstein Kimberlee
Seller's Agent
Libby Offnick
RE/MAX Executive
Buyer's Agent
Laura Bowman-Messick
Berkshire Hathaway Homeservices Landmark Prop
List Price
$1,350,000
Sold Price
$1,235,000
Premium/Discount to List
-$115,000
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$988,000
Outstanding Balance
$855,878
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2013
Sold by
Falls Cove Development Llc
Bought by
Foster W Kendall

Purchase Details

Closed on
Dec 1, 1993
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
Epstein Jeffrey -- None Available
Epstein Jeffrey Bruce $1,235,000 None Available
Foster W Kendall $240,000 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epstein Jeffrey Bruce $988,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $1,235,000 -3.1% $317 / Sq Ft
11/11/2018 11/11/18 Pending -- -- --
10/14/2018 10/14/18 Price Changed $1,275,000 -5.6% $328 / Sq Ft
09/04/2018 09/04/18 For Sale $1,350,000 -- $347 / 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
2021 $13,091 $1,135,910 $525,000 $610,910
2020 $13,091 $1,135,910 $525,000 $610,910
2019 $0 $1,127,910 $525,000 $602,910
2018 $7,580 $673,670 $234,000 $439,670
2017 $2,958 $673,670 $234,000 $439,670
2016 $2,958 $265,760 $235,040 $30,720
2015 $2,509 $235,040 $235,040 $0
2014 -- $319,930 $319,930 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3430846

Canopy MLS (Canopy Realtor® Association)

APN: 4639-28-1700.000