NOT LISTED FOR SALE

218 Waddell Rd Unit 294 Mooresville, NC 28117

Estimated Value: $1,518,000 - $1,763,646

3 Beds
4.5 Baths
3,795 Sq Ft
$434/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $1,550,000 $408 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,228/month

2 Days on Market

Highlights

  • Pier
  • Boat Slip
  • Open Floorplan
  • Lakeshore Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of April 2023

Enjoy the beautiful views from this well maintained home. Property currently being used as VRBO. Owner already has bookings in place totaling $64,000 in revenue for 2023. Quiet cove opens to big water. Enjoy relaxing at the gazebo area on dock with covered private boat slip. Light open kitchen features soft close cabinets, stainless steel appliances and luxury kitchen island. There is plenty of room to entertain in this home which has an open floorplan. Stylish LVP flooring throughout main and upper floor. Owner suite on main with gorgeous lake views. Primary bath with dual vanity, tiled shower free standing tub & spacious walk in closet. Enjoy beautiful lake views from practically every room in the home. The upper floor has a spacious media room. Two additional bedrooms a loft/ game room, and three full bathrooms. Step out back to enjoy year round entertaining on your screened in porch. The deck is the perfect space for grilling. This property is TURN KEY. All this with no HOA!!!!!

Last Agent to Sell the Property

Lisa Lyerly

Lake Norman Realty, Inc. License #288359 Listed on: 02/24/2023

Lake Norman Realty, Inc.

Last Buyer's Agent

Chelsea Pegram

Southern Charm Realty & Retreats INC License #310171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,190

Year Built

  • Built in 2021

Lot Details

  • Waterfront
  • Back Yard Fenced
  • Property is zoned RR

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Bar Fridge
  • Insulated Windows
  • Insulated Doors
  • Mud Room
  • Great Room with Fireplace
  • Screened Porch
  • Storage
  • Vinyl Flooring
  • Water Views
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Pier
  • Boat Slip
  • Deck

Utilities

  • Heat Pump System
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4628-815529

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,190

Year Built

Built in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 408.43
  • Geocode Confidence: High
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1989
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 601
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 601
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1806
  • Appliances: Bar Fridge, Dishwasher, Double Oven, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 3795
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Door(s)
  • Fireplace Features: Great Room
  • Living Area: 3795
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip (Deed), Pier, Dock
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump
  • Utilities: Cable Connected, Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4628-815529
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 31, 2023
Sold by
Lkn Properties Llc
Bought by
Leaty Properties Llc
Seller's Agent
Lisa Lyerly
Lake Norman Realty, Inc.
Buyer's Agent
Chelsea Pegram
Southern Charm Realty & Retreats INC
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Views
20
Current Estimated Value
$1,648,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,662
Avg. Annual Appreciation
2.43%
Original Mortgage
$1,240,000
Outstanding Balance
$1,205,852
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$442,810

Purchase Details

Closed on
Dec 15, 2021
Sold by
Lh Waterfront Construction Llc
Bought by
Lkn Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,019,600
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2018
Closed on
Apr 21, 2021
Sold by
Kassay Mark F and Kassay Monique R
Bought by
Lh Waterfront Construction Llc
Seller's Agent
Jan Cameron
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Elizabeth Davis
Keller Williams Unified
List Price
$389,000
Sold Price
$310,000
Premium/Discount to List
-$79,000
-20.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.73%
Original Mortgage
$520,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2007
Sold by
Ashline Trevor P and Filion Ashline Nicole
Bought by
Kassay Mark F

Purchase Details

Closed on
May 1, 2006
Sold by
Wright Richard Allen and Wright Diane Marie
Bought by
Ashline Trevor P and Ashline Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,134
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 1991
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
Leaty Properties Llc $1,550,000 --
Lkn Properties Llc $1,274,500 Meridian Title Company
Lh Waterfront Construction Llc $310,000 Meridian Title Company
Lh Waterfront Construction Llc -- New Title Company Name
Kassay Mark F $405,000 None Available
Ashline Trevor P $197,500 None Available
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leaty Properties Llc $1,240,000
Previous Owner Lkn Properties Llc $1,019,600
Previous Owner Lh Waterfront Construction Llc $520,000
Previous Owner Ashline Trevor P $178,134
Closed Lh Waterfront Construction Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2023 04/03/23 Sold $1,550,000 -3.1% $408 / Sq Ft
02/24/2023 02/24/23 For Sale $1,600,000 +416.1% $422 / Sq Ft
04/23/2021 04/23/21 Sold $310,000 -20.3% -- View Prior Sale
02/02/2021 02/02/21 Pending -- -- --
11/11/2019 11/11/19 Price Changed $389,000 0.0% --
11/11/2019 11/11/19 For Sale $389,000 +25.5% --
11/10/2019 11/10/19 Off Market $310,000 -- --
09/01/2019 09/01/19 Price Changed $425,000 -14.8% --
01/05/2019 01/05/19 Price Changed $499,000 -7.6% --
11/19/2018 11/19/18 For Sale $540,000 -- --
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 $7,190 $1,208,420 $420,000 $788,420
2023 $7,190 $1,208,420 $420,000 $788,420
2022 $4,132 $648,870 $157,500 $491,370
2021 $1,134 $180,700 $157,500 $23,200
2020 $1,134 $180,700 $157,500 $23,200
2019 $1,080 $180,700 $157,500 $23,200
2018 $973 $154,090 $146,250 $7,840
2017 $973 $154,090 $146,250 $7,840
2016 $973 $154,090 $146,250 $7,840
2015 $973 $154,090 $146,250 $7,840
2014 -- $154,090 $146,250 $7,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4005128

Canopy MLS (Canopy Realtor® Association)

APN: 4628-81-5529.000