NOT LISTED FOR SALE

215 Shady Cove Rd Troutman, NC 28166

Estimated Value: $438,000 - $605,459

3 Beds
2 Baths
1,447 Sq Ft
$381/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $465,000 $321 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,148/month

23 Days on Market

Highlights

  • Open Floorplan
  • Private Lot
  • Shed
  • Community Lake
  • Wooded Lot
  • Tile Flooring

About This Home

As of August 2021

This one of kind completely renovated water view home has year round unobstructed views of beautiful Lake Norman! Walk in to a large open concept kitchen complete with an island, new cabinets, lighting, stainless steel appliances, granite countertops and chefs dream size walk-in-pantry. All new flooring throughout your living space, updated bathrooms and a bonus room off the kitchen great for a rec room or an at home office. Off the front of the house step onto an expansive deck great for sitting and taking in the amazing views. Directly across the street is your deeded boat slip, which also includes a water front lot that can be used for bbq, playing and hanging out before a day on the lake. The private backyard was just seeded and fertilized. All new paint inside and out, new front doors, outdoor lighting, new shutters, new bathroom vanities and flooring. As if this wasn't all enough you're conveniently located to shopping, dining and LKN State Park. This GEM won't last long!

Last Agent to Sell the Property

Amy Clovis

EXP Realty LLC Mooresville License #289560 Listed on: 06/19/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Eric Maynard

Keller Williams Unified License #313547

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Gravel Driveway

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Crawl Space

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Shed

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4730-60-7897.000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.95876
  • Ratio Current Price By Acre: 775000.00
  • Ratio Current Price By Sq Ft: 321.35
  • Year Built: 1983
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Hood, Refrigerator
  • Flooring: Laminate Wood, Tile
  • Interior Amenities: Cable Available, Open Floorplan, Pantry, Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1447
  • Total Sq Ft: 1447
  • Sq Ft Unheated Main: 99
  • Sq Ft Unheated Total: 99

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth, Gravel
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 66.75
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Features: Cleared, Lake Access, Level, Open Lot, Private, Trees, Water view, Winter View, Wooded, Year Round View
  • Lot Size Area: 0.600
  • Parcel Number: 4730-60-7897.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 131940.00
  • Tax Location: Troutman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2021
Closed on
Aug 25, 2021
Sold by
Neyer Deborah Ann
Bought by
Dobbins Michael and Dobbins Alexis
Seller's Agent
Amy Clovis
EXP Realty LLC Mooresville
Buyer's Agent
Eric Maynard
Keller Williams Unified
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Current Estimated Value
$551,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,865
Avg. Annual Appreciation
4.21%
Original Mortgage
$348,750
Outstanding Balance
$317,337
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,528

Purchase Details

Closed on
Oct 14, 2014
Sold by
Lee Donald R and Lee June J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 20, 1992
Bought by
Lee Donald R

Purchase Details

Closed on
Jun 1, 1981
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
Dobbins Michael $465,000 None Available
Dobbins Michael $465,000 Clements John
Federal Home Loan Mortgage Corporation -- None Available
Lee Donald R $62,500 --
-- $5,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dobbins Michael $348,750
Closed Dobbins Michael $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $465,000 0.0% $321 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $465,000 -4.1% $321 / Sq Ft
06/19/2021 06/19/21 For Sale $485,000 -- $335 / 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
2024 $2,705 $440,820 $240,000 $200,820
2023 $2,705 $440,820 $240,000 $200,820
2022 $901 $131,940 $45,000 $86,940
2021 $884 $131,940 $45,000 $86,940
2020 $884 $131,940 $45,000 $86,940
2019 $851 $131,940 $45,000 $86,940
2018 $793 $123,940 $45,000 $78,940
2017 $793 $123,940 $45,000 $78,940
2016 $793 $123,940 $45,000 $78,940
2015 $793 $123,940 $45,000 $78,940
2014 $758 $128,450 $45,000 $83,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3746494

Canopy MLS (Canopy Realtor® Association)

APN: 4730-60-7897.000