NOT LISTED FOR SALE

20490 Indian Mound Rd Albemarle, NC 28001

Estimated Value: $241,000 - $337,000

3 Beds
1.5 Baths
1,600 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $225,000 $141 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,603/month

4 Days on Market

Highlights

  • Private Lot
  • Separate Outdoor Workshop
  • Attached Carport
  • Ranch Style House
  • Laundry Room
  • Fire Pit

About This Home

As of July 2023

Minutes from Lake Tillery is a 3 bedroom/2 bath brick home that sits on over 2 acres of land! Corner lot with lots of trees for privacy. Brand new roof installed 6/2023, heat pump installed 2022, and brand new paint throughout. The large shed out back is big enough to fit a semi tractor trailer and comes with a small bathroom and exhaust fans for air flow. There is also an extra storage container out back. It's convenient to Norwood, Albemarle and Lake Tillery

Last Agent to Sell the Property

Julie Broadway

Howard Hanna Allen Tate Southland Homes + Realty LLC Brokerage Email: julie.broadway@southlandhomesusa.com License #122573 Listed on: 06/15/2023

Last Buyer's Agent

Michael Seaton

Helen Adams Realty License #164712

Helen Adams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1963

Lot Details

  • Private Lot
  • Corner Lot
  • Property is zoned R-20

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,600 Sq Ft Home
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Garage
  • Attached Carport

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Schools

  • Norwood Elementary School
  • South Stanly Middle School
  • South Stanly High School

Utilities

  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Oakwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6566-02-75-7480

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1963
  • Special Assessment Description: None
  • Proposed Special Assessment Desc: None
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 140.63
  • Geocode Confidence: High
  • Attribution Contact: julie.broadway@southlandhomesusa.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Interior Amenities: Pantry, Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1600
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Microwave, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1600
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Gas Log
  • Living Area: 1600
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Workshop, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Kitchen
  • Cooling: Heat Pump
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: City, County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: South Stanly
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Private
  • Lot Size Area: 2.3
  • Lot Size Units: Acres
  • Parcel Number: 6566-02-75-7480
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-20

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Norwood
  • High School: South Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jul 17, 2023
Sold by
Coone Ashley A
Bought by
Watson Debra L and Watson Barry R
Seller's Agent
Julie Broadway
Howard Hanna Allen Tate Southland Homes + Realty LLC
Buyer's Agent
Michael Seaton
Helen Adams Realty
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%
Views
53
Current Estimated Value
$282,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,267
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Apr 22, 2022
Sold by
Coone Ashley A
Bought by
Coone Ashley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2019
Closed on
Mar 19, 2019
Sold by
Wallace Lacy I and Wallace Deborah Kay
Bought by
Coone Ashley A and Watters William H
Seller's Agent
Robert Patterson
Lake Tillery Properties LLC
Buyer's Agent
Cheryl Peeler
Carolina Homes Realty
List Price
$175,000
Sold Price
$168,000
Premium/Discount to List
-$7,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$151,200
Interest Rate
4.4%
Mortgage Type
Commercial
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
Watson Debra L $225,000 None Listed On Document
Coone Ashley A -- --
Coone Ashley A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coone Ashley A $148,000
Previous Owner Coone Ashley A $151,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $225,000 -15.1% $141 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $265,000 +57.7% $166 / Sq Ft
03/19/2019 03/19/19 Sold $168,000 -4.0% $105 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $175,000 -- $109 / 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 $1,345 $220,534 $45,705 $174,829
2024 $1,200 $168,961 $27,687 $141,274
2023 $1,297 $168,961 $27,687 $141,274
2022 $1,293 $168,399 $27,125 $141,274
2021 $1,291 $168,399 $27,125 $141,274
2020 $1,062 $127,599 $23,150 $104,449
2019 $1,079 $126,672 $23,150 $103,522
2018 $23 $126,672 $23,150 $103,522
2017 $975 $126,672 $23,150 $103,522
2016 $970 $125,922 $21,825 $104,097
2015 $1,077 $125,922 $21,825 $104,097
2014 $997 $125,922 $21,825 $104,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4039340

Canopy MLS (Canopy Realtor® Association)

APN: 6566-02-75-7480