NOT LISTED FOR SALE

197 Caversham Dr Unit 162 Mooresville, NC 28115

Estimated Value: $462,000 - $491,000

4 Beds
2.5 Baths
2,360 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $284,990 $121 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,961/month

76 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • East Mooresville Intermediate School Rated A-
  • Ranch Style House
  • Community Pool

About This Home

As of December 2019

Newport II plan w/ hardwood flooring throughout main common areas. Study/office area. Kitchen w/ granite countertops, beveled tile backsplash, and new SS appliances. Tray ceiling in dining. Owners suite features master designer shower w/ extended drying area.

Last Agent to Sell the Property

Alan Beulah

M/I Homes License #40726 Listed on: 08/09/2019

Last Buyer's Agent

Alan Beulah

M/I Homes License #40726 Listed on: 08/09/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,133

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Open Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4667888221.00

Community Details

Overview

  • Kuester Association, Phone Number (704) 973-9019
  • Built by M/I Homes

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,133

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92126
  • Ratio Current Price By Acre: 1424950.00
  • Ratio Current Price By Sq Ft: 120.76
  • Special Assessment Yn: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Concrete, Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: CO Detector, Convection Oven, Cable Prewire, Disposal, Dishwasher, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Network Ready, Oven, Self Cleaning Oven, Natural Gas, g-Energy Star® Dryer, Gas Oven
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-973-9019
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2360
  • Total Sq Ft: 2360

Exterior Features

  • Construction: Fiber Cement, Shingle, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Satellite Internet Available, Wired Internet Available
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 664.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Parkview
  • Middle School: Mooresville
  • High School: Mooresville

Lot Info

  • Lot Dimension: 71x125
  • Lot Features: Open Lot
  • Lot Size Area: 0.200
  • Parcel Number: 4667888221.00
  • Plat Reference Section Pages: 68-12
  • Zoning Specification: RES

Building Info

  • Builder Name: M/I Homes

Tax Info

  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Koontz Susan Barbin
Bought by
Mays Carolyn
Current Estimated Value
$472,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$375,692
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$96,891

Purchase Details

Closed on
Jan 23, 2023
Sold by
Nicander Ralph and Nicander Heather
Bought by
Barbin Koontz Susan

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 12, 2019
Sold by
M I Homes Of Charlotte Llc
Bought by
Nicander Ralph and Nicander Heather
Seller's Agent
Alan Beulah
M/I Homes
Buyer's Agent
Alan Beulah
M/I Homes
List Price
$309,348
Sold Price
$284,990
Premium/Discount to List
-$24,358
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$284,990
Interest Rate
3.7%
Mortgage Type
VA
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
Mays Carolyn $475,000 Chicago Title
Barbin Koontz Susan $423,000 Morehead Title
Nicander Ralph $285,000 Transohio Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Carolyn $380,000
Previous Owner Nicander Ralph $284,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2019 12/12/19 Sold $284,990 0.0% $121 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $284,990 -1.7% $121 / Sq Ft
10/01/2019 10/01/19 Price Changed $289,990 -2.7% $123 / Sq Ft
09/12/2019 09/12/19 Price Changed $297,990 -3.7% $126 / Sq Ft
08/09/2019 08/09/19 For Sale $309,348 -- $131 / 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 $5,133 $427,590 $62,000 $365,590
2023 $5,073 $427,590 $62,000 $365,590
2022 $3,351 $288,460 $40,000 $248,460
2021 $3,347 $288,460 $40,000 $248,460
2020 $3,347 $288,460 $40,000 $248,460
2019 $517 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3538519

Canopy MLS (Canopy Realtor® Association)

APN: 4667-88-8221.000