NOT LISTED FOR SALE

205 Lakefront Dr Morgan, NC 28146

Estimated Value: $401,000 - $601,000

3 Beds
2.5 Baths
2,120 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $460,000 $217 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,117/month

69 Days on Market

Highlights

  • Boat Slip
  • Community Lake
  • Transitional Architecture
  • Open Floorplan
  • Living Room with Fireplace
  • Covered Patio or Porch

About This Home

As of May 2022

Hard to find 2 year old home with amazing water views, deeded boat slip and less than a mile from public marina. The house sits on almost 3/4 of an acre of land that has been professionally landscaped and includes irrigation. Inside offers luxury vinyl flooring throughout the first floor, custom moldings and vaulted ceiling in the primary bedroom. A barn door that leads you from the primary bedroom to the primary bath where there is a large walk in shower and garden tub. Huge eat in kitchen consists of stainless steel appliances, white shaker style cabinets, quartz countertops and a large island that will seat 4 comfortably. Schedule to see it today!

Last Agent to Sell the Property

Kelly Berrey

Lake Norman Realty, Inc. License #225089 Listed on: 03/11/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Sheena Dietz

Lantern Realty & Development, LLC License #279203

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 149x234x110x234
  • Level Lot
  • Property is zoned R005, R0005

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Side Facing Garage

Outdoor Features

  • Boat Slip
  • Covered Patio or Porch

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Lighthouse Landing Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 502A013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,057

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2019
  • Ratio Current Price By Acre: 640668.52
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Flooring: Vinyl
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1751
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 474
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 474
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 369
  • Porch: Covered
  • Fixture Exception Description: Propane Tank
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, Plumbed For Ice Maker, Microwave, Wall Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2120
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Salisbury
  • Construction Type: Site Built
  • Water Body Name: High Rock Lake
  • Waterfront Features: Boat Slip (Deed)
  • Construction Type: Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake Access, Level, Water View, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 502A013
  • Lot Size: 149x234x110x234
  • Zoning Description: R0005

Tax Info

  • RATIO List Price By Tax Amount: 1.64556

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 17, 2022
Sold by
Lynn Belcher Tammy
Bought by
Brady Everett Wesley and Brady Breana L
Seller's Agent
Kelly Berrey
Lake Norman Realty, Inc.
Buyer's Agent
Sheena Dietz
Lantern Realty & Development, LLC
List Price
$499,900
Sold Price
$460,000
Premium/Discount to List
-$39,900
-7.98%
Current Estimated Value
$545,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,732
Avg. Annual Appreciation
5.08%
Original Mortgage
$446,200
Outstanding Balance
$422,917
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$122,815

Purchase Details

Listed on
Oct 25, 2019
Closed on
Jan 9, 2020
Sold by
Andrews Mark and Andrews Joyce
Bought by
Belcher Tammy Lynn
Seller's Agent
Jenifer Meeks
J Meeks + Co
Buyer's Agent
Kelly Berrey
Lake Norman Realty, Inc.
List Price
$334,900
Sold Price
$330,000
Premium/Discount to List
-$4,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%
Original Mortgage
$264,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 11, 2019
Sold by
Stoudt Margaret P
Bought by
Andrews Mark

Purchase Details

Closed on
Feb 12, 2019
Sold by
Lomartire Realty Trust
Bought by
Stoudt Margaret P
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
Brady Everett Wesley $460,000 Overbey Jon
Brady Everett Wesley $460,000 Overbey Jon
Belcher Tammy Lynn $330,000 None Available
Andrews Mark $48,500 None Available
Stoudt Margaret P $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Everett Wesley $446,200
Closed Brady Everett Wesley $446,200
Previous Owner Belcher Tammy Lynn $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $460,000 -3.2% $217 / Sq Ft
04/14/2022 04/14/22 Price Changed $475,000 -5.0% $224 / Sq Ft
03/11/2022 03/11/22 For Sale $499,900 +51.5% $236 / Sq Ft
01/16/2020 01/16/20 Sold $330,000 -1.5% $154 / Sq Ft View Prior Sale
12/02/2019 12/02/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $334,900 -- $157 / 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 $3,057 $463,248 $75,000 $388,248
2024 $3,057 $463,248 $75,000 $388,248
2023 $3,057 $463,248 $75,000 $388,248
2022 $2,129 $288,655 $57,000 $231,655
2021 $2,053 $288,655 $57,000 $231,655
2020 $2,053 $288,655 $57,000 $231,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3837947

Canopy MLS (Canopy Realtor® Association)

APN: 502-A013