NOT LISTED FOR SALE

220 Kenway Loop Unit 41 Mooresville, NC 28117

Estimated Value: $790,789 - $822,000

4 Beds
3 Baths
3,405 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $475,000 $140 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,702/month

116 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Fireplace
  • Lakeshore Elementary School Rated A-
  • Farmhouse Style Home
  • Attached Garage

About This Home

As of October 2020

Amazing New Construction across from Lake Norman at unheard of pricing below $500,000. Flexible floor plan offers open concept living in the Kitchen, family room, breakfast room and sunroom, with a formal dining room and formal living room / study. In addition the first floor offers a main level bedroom with adjacent bath. The second floor features a spacious master suite with a huge walk in closet that is accessed thru the designer master bath. The upper level is rounded out with 2 additional bedrooms and a gargantuan bonus room that is large enough to host pool tournaments, ping pong, foos ball, and movies at the same time. The 3 stall garage is sure to be a hit with car enthusiasts, hobbyists, and those looking for storage.

Last Agent to Sell the Property

Mark Volak

Fathom Realty NC LLC License #274335 Listed on: 05/07/2020

Fathom Realty NC LLC

Last Buyer's Agent

Stephanie Blanton

Blanton Real Estate Group LLC License #195032

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Many Trees

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3 Full Bathrooms
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Mainstreet Management Group Association, Phone Number (704) 255-1266
  • Built by Cornerstone Properties III

Listing and Financial Details

  • Assessor Parcel Number 4639-42-6022.000

Home Details

Home Type

Single Family

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98979
  • Ratio Close Price By Original Li: 0.97157
  • Ratio Current Price By Acre: 466143.28
  • Ratio Current Price By Sq Ft: 139.50
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1788
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Cooktop Gas, Dishwasher, Disposal, Microwave, Natural Gas, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-255-1266
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Pantry, Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1617
  • Total Sq Ft: 3405
  • Sq Ft Unheated Main: 240
  • Sq Ft Unheated Total: 240

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Gas Water Heater, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association Fee: 500.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Mainstreet Management Group
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Lakeshore
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 165x340x100x365
  • Lot Features: Paved Frontage, Sloping, Trees, Views, Water view
  • Lot Size Area: 1.019
  • Parcel Number: 4639-42-6022.000
  • Zoning Specification: RA

Building Info

  • Builder Name: Cornerstone Properties III

Tax Info

  • Tax Value: 65000.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Oct 5, 2020
Sold by
Buller River Development Partners Lp
Bought by
Woodbridge Robert and Woodbridge Dale R
Seller's Agent
Mark Volak
Fathom Realty NC LLC
Buyer's Agent
Stephanie Blanton
Blanton Real Estate Group LLC
List Price
$479,900
Sold Price
$475,000
Premium/Discount to List
-$4,900
-1.02%
Current Estimated Value
$805,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,697
Avg. Annual Appreciation
11.12%
Original Mortgage
$275,000
Outstanding Balance
$197,652
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$608,045

Purchase Details

Closed on
Apr 17, 2018
Sold by
Woodbridge Partners Llc
Bought by
Buller River Development Partyners Lp
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
Woodbridge Robert $475,000 None Available
Buller River Development Partyners Lp $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodbridge Robert $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2020 10/05/20 Sold $475,000 -1.0% $140 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $479,900 +1.0% $141 / Sq Ft
07/02/2020 07/02/20 Off Market $475,000 -- --
06/11/2020 06/11/20 Price Changed $479,900 -1.8% $141 / Sq Ft
05/07/2020 05/07/20 For Sale $488,900 -- $144 / 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 $4,463 $733,800 $80,000 $653,800
2023 $4,463 $733,800 $80,000 $653,800
2022 $3,351 $516,220 $65,000 $451,220
2021 $3,295 $516,220 $65,000 $451,220
2020 $2,267 $352,330 $65,000 $287,330
2019 $392 $65,000 $65,000 $0
2018 $299 $50,000 $50,000 $0
2017 $299 $50,000 $50,000 $0
2016 $299 $50,000 $50,000 $0
2015 $299 $50,000 $50,000 $0
2014 $385 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3619045

Canopy MLS (Canopy Realtor® Association)

APN: 4639-42-6022.000