Seller's Agent in 2024
Marlo Mikeal
Lake Norman Realty, Inc.
(704) 200-5523
10 in this area
65 Total Sales
213 Penicillin Point Troutman, NC 28166
Estimated Value: $1,417,000 - $1,585,514
3
Beds
5
Baths
3,971
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Covered Dock
- Boat Lift
- Deck
- Pier
- Waterfront
- Traditional Architecture
About This Home
As of June 2024MILES OF WATER VIEWS, A GENTLY SLOPING LOT, A COVERED DOCK WITH 2 BOAT LIFTS, AND A SITTING AREA ON THE PIER are only the beginning of this magnificent waterfront retreat. Situated on a LARGE COVE, & a half-acre lush lot, this 3 bedroom 3 full & 2 half bath home defines LAKE LIVING. The recently renovated kitchen is bright & airy with plenty of workspace. The main level primary bedroom is complete with a WIC & covered patio access; the ensuite has heated tile floors & a steam shower. This home has 3 FIREPLACES. One propane-gas burning logs in the living room, & wood burning in both the study & dining room. Both these rooms have access doors to a private courtyard. Both upper bedrooms are quite spacious, each with an attached ensuite. The back BR has magnificent Lake Views. The Basement makes for great workshop space (there is a utility sink) and storage. There is a roll-up access door to storage under the deck. Wonderful opportunity for LAKE LIVING or potential rental investment.
Last Agent to Sell the Property
Lake Norman Realty, Inc. Brokerage Phone: 704-663-3655 License #198963 Listed on: 04/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,381
Year Built
- Built in 2003
Lot Details
- Waterfront
- Back Yard Fenced
- Irrigation
- Property is zoned R20
Parking
- Driveway
Home Design
- Traditional Architecture
- Metal Roof
Interior Spaces
- 1.5-Story Property
- Wet Bar
- Bar Fridge
- Wood Burning Fireplace
- Propane Fireplace
- Window Screens
- Pocket Doors
- Living Room with Fireplace
- Water Views
Kitchen
- Built-In Self-Cleaning Convection Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Whirlpool Bathtub
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Unfinished Basement
- Interior and Exterior Basement Entry
- Crawl Space
- Basement Storage
- Natural lighting in basement
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Pier
- Boat Lift
- Covered Dock
- Deck
- Wrap Around Porch
- Outdoor Gas Grill
Utilities
- Air Filtration System
- Heat Pump System
- Propane
- Electric Water Heater
- Water Softener
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4629-50-7675.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2021
Sold by
Olshausen Ynez
Bought by
Olshausen Ynez Hildegard and Ynez Hildegard Olshausen Living Trust
Current Estimated Value
Purchase Details
Closed on
May 14, 2008
Sold by
Andrews Horace
Bought by
Olshausen Ynez
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
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jul 26, 2006
Sold by
Greenlee David R and Greenlee Martha A
Bought by
Olshausen Ynez H
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
6.6%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Olshausen Ynez Hildegard | -- | None Available | |
| Olshausen Ynez | -- | None Available | |
| Olshausen Ynez | -- | Meridian Title | |
| Olshausen Ynez H | $770,000 | Title Insurance Co Of Nc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Olshausen Ynez | $200,000 | |
| Previous Owner | Olshausen Ynez H | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,400,000 | 0.0% | $353 / Sq Ft |
| 04/02/2024 04/02/24 | For Sale | $1,400,000 | -- | $353 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $7,381 | $1,220,220 | $550,000 | $670,220 |
| 2023 | $7,381 | $1,220,220 | $550,000 | $670,220 |
| 2022 | $5,110 | $792,200 | $330,000 | $462,200 |
| 2021 | $4,738 | $746,080 | $330,000 | $416,080 |
| 2020 | $4,738 | $746,080 | $330,000 | $416,080 |
| 2019 | $4,551 | $746,080 | $330,000 | $416,080 |
| 2018 | $4,029 | $665,640 | $330,000 | $335,640 |
| 2017 | $4,029 | $665,640 | $330,000 | $335,640 |
| 2016 | $4,029 | $665,640 | $330,000 | $335,640 |
| 2015 | $4,029 | $665,640 | $330,000 | $335,640 |
| 2014 | $3,819 | $684,850 | $330,000 | $354,850 |
Source: Public Records
Agents Affiliated with this Home
-
Marlo Mikeal
-
Stephen Pierce
Buyer's Agent in 2024
Stephen Pierce
EXP Realty LLC Mooresville
(704) 315-8732
12 in this area
97 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4124632
APN: 4629-50-7675.000
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