NOT LISTED FOR SALE

219 Penicillin Point Troutman, NC 28166

Estimated Value: $1,441,000 - $1,715,000

2 Beds
2.5 Baths
4,004 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $1,025,000 $256 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,857/month

3 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Attached Garage
  • Open Floorplan
  • Mud Room
  • Tray Ceiling

About This Home

As of October 2020

Complete remodel/addition approximately 2001! Truly live life on vacation in this amazing Lake Norman landmark where space abounds on a quiet cul-de-sac street. Imagine waking to long-range Lake Norman main channel views as you stroll onto your private upper deck for morning coffee. As you enter the great room, vaulted ceilings greet you and an abundance of natural light warms the space with windows offering stunning views. Take the ELEVATOR to the basement & enjoy entertaining on your large patio & pier. After a day on the lake, enjoy a movie in the Media Room. Relax at night's end in your spa-like master bath with window seat, dual shower heads, & large tub. Spacious rooms throughout include Theater Room, master suite occupying entire 2nd floor, multiple sitting areas, & Crow's Nest offering almost 360 DEGREE VIEWS, open floor plan perfect for entertaining, & ample storage. , multiple decks & patio offer amazing views of the lake, features too numerous to list. Welcome home!

Last Agent to Sell the Property

Johnny Allen

Allen Hughes Realty, Inc License #265276 Listed on: 09/01/2020

Last Buyer's Agent

Jenifer Meeks

J Meeks + Co License #279167

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • Waterfront
  • Irrigation

Parking

  • Attached Garage

Interior Spaces

  • Elevator
  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Mud Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Accessible Home Design

  • Handicap Accessible

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4629-50-6596.000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Ratio Close Price By List Price: 1.03535
  • Ratio Close Price By Original Li: 1.03535
  • Ratio Current Price By Acre: 2228260.87
  • Ratio Current Price By Sq Ft: 255.99
  • Year Built: 1967
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 1154
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Central Vacuum, Cooktop Gas, Dishwasher, Generator, Ice Maker Connection, Refrigerator, Security System, Surround Sound, Wine Refrigerator
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Cable Available, Drop Zone, Elevator, Handicap Access, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 4
  • Sq Ft Basement: 1208
  • Main Level Sq Ft: 1489
  • Third Level Sq Ft: 153
  • Total Sq Ft: 4004
  • Sq Ft Unheated Basement: 367
  • Sq Ft Unheated Total: 367

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry, Parking Space - 4+

Utilities

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

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: .46ac
  • Lot Features: Cul-de-sac Lot, Lake Access, Long Range View, Water view, Waterfront
  • Lot Size Area: 0.460
  • Parcel Number: 4629-50-6596.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 715180.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 5, 2020
Sold by
Klaja Joseph W and Freeman Klaja Terri
Bought by
Weiser Mcveigh Elissa and Suiskind Binyomin
Seller's Agent
Johnny Allen
Allen Hughes Realty, Inc
Buyer's Agent
Jenifer Meeks
J Meeks + Co
List Price
$990,000
Sold Price
$1,025,000
Premium/Discount to List
$35,000
3.54%
Current Estimated Value
$1,560,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,651
Avg. Annual Appreciation
8.83%
Original Mortgage
$768,750
Outstanding Balance
$690,980
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$869,671

Purchase Details

Closed on
Apr 24, 2013
Sold by
Livi Ferguson John H
Bought by
Klaja Joseph M and Freeman-Klaja Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,800
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2003
Sold by
Ferguson John H and Ferguson Gail A
Bought by
Ferguson John H and John H Ferguson Revocable Living Trust

Purchase Details

Closed on
Jan 1, 1990

Purchase Details

Closed on
Sep 1, 1988

Purchase Details

Closed on
May 1, 1988

Purchase Details

Closed on
Jun 1, 1960
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
Weiser Mcveigh Elissa $1,025,000 None Available
Klaja Joseph M $676,000 None Available
Ferguson John H -- --
-- $180,000 --
-- $1,000 --
-- $139,900 --
-- $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiser Mcveigh Elissa $768,750
Previous Owner Klaja Joseph M $540,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $1,025,000 +3.5% $256 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $990,000 -- $247 / 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 $7,389 $1,221,470 $625,000 $596,470
2023 $7,389 $1,221,470 $625,000 $596,470
2022 $5,164 $800,700 $375,000 $425,700
2021 $5,080 $800,700 $375,000 $425,700
2020 $4,544 $715,180 $375,000 $340,180
2019 $4,365 $715,180 $375,000 $340,180
2018 $3,963 $654,540 $375,000 $279,540
2017 $3,963 $654,540 $375,000 $279,540
2016 $3,963 $654,540 $375,000 $279,540
2015 $3,963 $654,540 $375,000 $279,540
2014 $3,115 $556,920 $375,000 $181,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655164

Canopy MLS (Canopy Realtor® Association)

APN: 4629-50-6596.000