NOT LISTED FOR SALE

220 Lakefront Dr Unit 8 Morgan, NC 28146

Estimated Value: $830,000 - $1,035,601

3 Beds
2.5 Baths
2,957 Sq Ft
$319/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $650,000 $220 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,434/month

Highlights

  • Under Construction
  • Community Lake
  • Walk-In Pantry
  • Waterfront
  • Traditional Architecture
  • Fireplace

About This Home

As of July 2020

Beautiful new waterfront home community on High Rock Lake. Main level living and glorious lake views from covered porch. Open floor plan with views of the lake from master bedroom, living area, and kitchen. Kitchen has a large center island, living room with coffered ceilings, and spa like master bath. Home is waterfront with a deeded boat slip. Development features a gated community boat storage.

Last Agent to Sell the Property

Jenifer Meeks

J Meeks + Co License #279167 Listed on: 01/16/2020

Last Buyer's Agent

Jaime Sparks

J Meeks + Co License #288038

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 1.02

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Vinyl Plank Flooring

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Additional Features

  • Waterfront
  • Septic Tank

Community Details

  • Built by LRT Homes
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 502A008

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story/F.R.O.G.
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 636630.75
  • Ratio Current Price By Sq Ft: 219.82
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 438
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Gas, Dishwasher, Double Oven, Microwave
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Vinyl Plank
  • Interior Amenities: Kitchen Island, Pantry, Tray Ceiling, Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2519
  • Total Sq Ft: 2957

Exterior Features

  • Construction: Brick Partial, Hardboard Siding
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 450.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Lake Access, Water view, Waterfront
  • Parcel Number: 502A008
  • Zoning Specification: SFR

Building Info

  • Builder Name: LRT Homes

Tax Info

  • Tax Value: 932693.00
  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jul 24, 2020
Sold by
Lomartire Realty Trust
Bought by
Claytor Tedra Michelle
Seller's Agent
Jenifer Meeks
J Meeks + Co
Buyer's Agent
Jaime Sparks
J Meeks + Co
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$943,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,650
Avg. Annual Appreciation
7.33%
Original Mortgage
$510,400
Outstanding Balance
$453,429
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$490,221
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Claytor Tedra Michelle $650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claytor Tedra Michelle $510,400
Closed Claytor Tedra Michelle $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $650,000 0.0% $220 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $650,000 -- $220 / 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
2025 $5,487 $831,303 $175,000 $656,303
2024 $5,487 $831,303 $175,000 $656,303
2023 $5,487 $831,303 $175,000 $656,303
2022 $3,916 $531,011 $181,500 $349,511
2021 $3,565 $501,285 $181,500 $319,785
2020 $1,097 $154,275 $154,275 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3583550

Canopy MLS (Canopy Realtor® Association)

APN: 502-A008