NOT LISTED FOR SALE

209 Malabar Dr Troy, NC 27371

Estimated Value: $628,000 - $941,000

3 Beds
4 Baths
2,614 Sq Ft
$305/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $775,000 $296 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,417/month

11 Days on Market

Highlights

  • Boathouse
  • Covered Dock
  • Pier
  • Water Views
  • Assigned Boat Slip
  • Boat Lift

About This Home

As of May 2024

TRYING TO DECIDE WHETHER TO LIVE AT THE BEACH OR IN THE MOUNTAINS? This beautiful LAKE TILLERY MAIN CHANNEL WATERFRONT home with views of Morrow Mountin State Park and the Uwharrie National Forest may be PERFECT for you. The home features 3 bedrooms, 2 full and 2 half baths, a living room with windows to capture the STUNNING views and a large deck to enjoy the sunsets behind the mountains. The full finished basement to meet your individual needs, and has ceramic tile that gives the appearance of wood floors, opens into a large patio to entertain family and friends. 2 wood burning fireplaces. The lush low maintenance landscaping leads you to the beautiful 162' lakefront with a double bay boathouse, lots of decking, will take you back to nature. IF YOU ARE LOOKING FOR PEACE AND TRANQUILITY, THIS IS THE HOME FOR YOU.

Last Agent to Sell the Property

Emma Rogers

Century 21 Russ Hollins, Realtors Brokerage Email: Emma.rogers@century21.com License #46605 Listed on: 04/03/2024

Century 21 Russ Hollins, Realtors

Last Buyer's Agent

Kat Mcrae

New South Realty, Inc License #121150

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • Sloped Lot
  • Wooded Lot

Property Views

  • Water
  • Mountain

Home Design

  • Cottage
  • Bungalow
  • Asbestos Shingle Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Storage
  • Carbon Monoxide Detectors

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Attic

  • Walk-In Attic
  • Permanent Attic Stairs
  • Finished Attic

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Basement Storage

Parking

  • 1 Detached Carport Space
  • Driveway
  • 4 Open Parking Spaces

Outdoor Features

  • Pier
  • Access To Lake
  • Personal Watercraft Lift
  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Assigned Boat Slip
  • Boat Slip
  • Boathouse
  • Covered Dock
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 658807695619

Community Details

Overview

  • Carolina Forest Inc. Association
  • Carolina Forest Subdivision
  • Mandatory Home Owners Association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Cottage
  • Year Built: 1972
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,No Representation
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: None
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 296.48
  • Geocode Confidence: High
  • Attribution Contact: Emma.rogers@century21.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Finished, Attic Stairs Fixed, Attic Walk In, Cathedral Ceiling(s), Open Floorplan, Pantry, Split Bedroom, Storage
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1245
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 313
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Range, Exhaust Fan, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1558
  • Has Basement: Bath/Stubbed, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1056
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area: 2614
  • Window Features: Insulated Window(s)
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Roof: Asbestos Shingle
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Water, Year Round
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat House, Boat Lift, Boat Ramp – Community, Boat Slip (Deed), Boat Slip (Lease/License), Covered structure, Personal Watercraft Lift, Pier, Retaining Wall
  • Construction Type: Wood
  • Other Structures: Outbuilding, Workshop
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Carport, Driveway
  • Assigned Spaces: 0

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Basement, Laundry Room, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security Service
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Other - See Remarks
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Lake Access, Outdoor Pool, Picnic Area, Playground, Tennis Court(s), Walking Trails
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Carolina Forest Inc.

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Sloped, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 658807695619
  • Zoning: R-1
  • Horse Amenities: None
  • Lot Size: 162' lakefront x302' x 244' x 52'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Resident

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 11, 2024
Sold by
Latsis Stephenson and Latsis Georgia
Bought by
Mitchell Jeremy Paul and Mitchell Laura Regina
Seller's Agent
Emma Rogers
Century 21 Russ Hollins, Realtors
Buyer's Agent
Kat Mcrae
New South Realty, Inc
List Price
$825,000
Sold Price
$775,000
Premium/Discount to List
-$50,000
-6.06%
Views
94
Current Estimated Value
$796,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,236
Avg. Annual Appreciation
1.68%
Original Mortgage
$620,000
Outstanding Balance
$611,207
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$185,029

Purchase Details

Closed on
Nov 24, 2015
Sold by
Collins Robert and Collins Betsy
Bought by
Stephenson Stephen and Stephenson Georgia Latsis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bank Of America Na
Bought by
Collins Robert and Collins Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 19, 2005
Sold by
Cline Mary Kate and Cline Dale Andrew
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mitchell Jeremy Paul $775,000 None Listed On Document
Stephenson Stephen $475,000 None Available
Collins Robert $330,000 None Available
Bank Of America Na $15,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Jeremy Paul $620,000
Previous Owner Stephenson Stephen $403,750
Previous Owner Collins Robert $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $775,000 -6.1% $296 / Sq Ft
04/03/2024 04/03/24 For Sale $825,000 -- $316 / 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 $2,942 $478,372 $259,210 $219,162
2024 $3,029 $478,372 $259,210 $219,162
2023 $3,013 $478,372 $259,210 $219,162
2022 $3,023 $478,372 $259,210 $219,162
2021 $3,025 $478,372 $259,210 $219,162
2020 $2,942 $478,372 $259,210 $219,162
2018 $2,900 $467,800 $259,210 $208,590
2017 $2,900 $467,800 $259,210 $208,590
2016 $2,900 $467,800 $259,210 $208,590
2015 $2,704 $467,800 $0 $0
2014 $2,704 $467,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4124388

Canopy MLS (Canopy Realtor® Association)

APN: 6588-07-69-5619