NOT LISTED FOR SALE

198 Stonebridge Dr New London, NC 28127

Estimated Value: $1,795,000 - $2,524,000

4 Beds
5.5 Baths
5,900 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $1,200,000 $203 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,136/month

142 Days on Market

Highlights

  • Lake Front
  • Lake Property
  • Vaulted Ceiling
  • Pier or Dock
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of October 2019

Come live your waterfront dream! This immaculate home gives you more than 200' of lake frontage on the Uwharrie Peninsula of pristine Badin Lake. The magnificent property has a private pier w/covered boat lift, fishing lift, & jet ski floats. The arched beams & expansive windows let you see, feel & enjoy the glorious natural setting that surrounds you. Join the club to play one of North Carolina's top-rated courses. Don't miss the opportunity to consider this one-of-a-kind home in a beautiful setting!

Last Agent to Sell the Property

Rob Brady

Old North State Realty License #298270 Listed on: 04/08/2019

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 2002

Lot Details

  • 1.57 Acre Lot
  • Lot Dimensions are 304x66x22x57x186x257x232
  • Lake Front
  • Property is zoned Res-1

HOA Fees

  • $183 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Siding
  • Stone

Interior Spaces

  • 5,589 Sq Ft Home
  • 5,000-5,900 Sq Ft Home
  • Property has 1 Level
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Lake Views
  • Walk-In Attic
  • Alarm System
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Lake Property

Schools

  • West Middle School
  • West Montgomery High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 667214347559
  • 1% Total Tax Rate

Community Details

Overview

  • Uwharrie Point Subdivision

Recreation

  • Pier or Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,074

Year Built

Built in 2002

Lot Details

0

HOA Fees

$183 per month

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.57
  • Lot Size: 304x66x22x57x186x257x232
  • Subdivision Name: Uwharrie Point
  • Directions: From Greensboro take US Rt 220 S to NC Rt 49 S. Follow NC Rt 49 S towards Charlotte for approx 25 miles to a flashing light (service station) turn left. Follow the directional sign @ 3 miles to the Old North State Club entry gate.
  • Above Grade Finished Sq Ft: 5589
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 2002
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 5000 - 5900
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-in Range,Built-in Refrigerator,Dishwasher,Disposal,Double Oven,Vent Hood, Water Heater: Gas
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Alarm and/or Security System, Built-in Furniture, Ceiling Fan(s), Dryer Connection, Garage Door Opener(s), Gas Logs, Kitchen Island, Laundry Room - Main Level, Vacuum System, Vaulted Ceilings, Washer Connection
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 2
  • Living Area: 5589
  • Main Level Bathrooms: 3
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 3

Exterior Features

  • Exterior Features: Pier, Screened Porch
  • Lot Features: Lake, Lake Front, Lake View, Views, Waterview
  • Pool Features: None
  • Construction Type: Stone, Wood Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public
  • Laundry Features: Dryer Connection, Main Level, Washer Connection
  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Troy
  • High School: West Montgomery
  • Middle Or Junior School: West

Lot Info

  • Parcel #: 667214347559
  • Zoning: Res-1
  • TRIADMLS_PricePerAcre: 827388.535
  • TRIADMLS_DeedPage: 771
  • TRIADMLS_DeedBook: 470
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 9074
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Oct 18, 2019
Sold by
Williams David R and Williams Anna M
Bought by
Agreement Debenedictus Mark J and Agreement Mark J Debenedictus
Seller's Agent
Rob Brady
Old North State Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Current Estimated Value
$2,082,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,706
Avg. Annual Appreciation
9.87%
Original Mortgage
$700,000
Outstanding Balance
$601,574
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,481,132

Purchase Details

Closed on
May 1, 2003
Bought by
Williams David R and Williams Anna M
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
Agreement Debenedictus Mark J $1,200,000 None Available
Williams David R $1,316,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debenedictus Mark J $350,000
Open Agreement Debenedictus Mark J $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2019 10/25/19 Sold $1,200,000 -17.2% $240 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $1,450,000 -- $290 / Sq Ft
Source: Triad MLS

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 $8,311 $1,213,317 $414,250 $799,067
2024 $8,311 $1,213,317 $414,250 $799,067
2023 $8,311 $1,213,317 $414,250 $799,067
2022 $8,311 $1,213,317 $414,250 $799,067
2021 $8,129 $1,213,317 $414,250 $799,067
2020 $8,129 $1,213,317 $414,250 $799,067
2018 $8,871 $1,314,200 $422,800 $891,400
2017 $9,074 $1,314,200 $422,800 $891,400
2016 $9,064 $1,314,200 $422,800 $891,400
2015 $8,463 $1,314,200 $0 $0
2014 $8,463 $1,314,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 926839

Triad MLS

APN: 6672-14-34-7559