NOT LISTED FOR SALE

223 Malabar Dr Troy, NC 27371

Estimated Value: $519,000 - $850,000

3 Beds
3 Baths
1,895 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $530,000 $280 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,702/month

114 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Contemporary Architecture
  • Waterfront
  • Clubhouse
  • Wooded Lot

About This Home

As of July 2020

View the Uwharrie Mountains at the north end of Lake Tillery from this main channel waterfront home in Carolina Forest. Beautiful wooded lot with tons of shade in the summer to relax on the lakefront deck or in the screened porch and take in the views. Australian Cypress floors accent the open floorplan on the main level with lots of windows on the lakeside. Three large bedrooms and two baths main level with a large great room with full bath on the lower level. The lower level would be the perfect place for someone looking for a large master suite. Wood burning fireplace in the living room and gas logs in the great room. The home is in immaculate condition with minimal lawn maintenance. Carolina Forest is a gated community with a clubhouse and pool, tennis courts, fishing docks, boat launch, playground and 24 hr security. The home will convey mostly furnished. Come find your mountain retreat on Lake Tillery !!!

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 03/05/2020

Last Buyer's Agent

Jennifer Martin

Becki Rice Realty License #107604

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Vaulted Ceiling
  • Fireplace
  • Window Treatments

Flooring

  • Wood
  • Carpet

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6589-19-69-7935

Community Details

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.00189
  • Ratio Close Price By Original Li: 0.96539
  • Ratio Current Price By Acre: 1325000.00
  • Ratio Current Price By Sq Ft: 279.68
  • Year Built: 1986
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Fireplace Description: Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Open Floorplan, Vaulted Ceiling, Window Treatments
  • Laundry Location: Basement
  • Room Count: 2
  • Sq Ft Basement: 620
  • Main Level Sq Ft: 1275
  • Total Sq Ft: 1895
  • Sq Ft Unheated Basement: 40
  • Sq Ft Unheated Total: 40

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Outdoor Pool, Playground, Security, Street Lights, Tennis Court(s)
  • Association Fee: 665.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 94 x 180
  • Lot Features: Long Range View, Mountain View, Lake, Sloping, Water view, Waterfront, Wooded, Year Round View
  • Lot Size Area: 0.400
  • Parcel Number: 6589-19-69-7935
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 327226.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jul 28, 2020
Sold by
White Howard Ray and White Judith Willis
Bought by
Clark Mark Douglas and Clark Courtney Talbert
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Jennifer Martin
Becki Rice Realty
List Price
$529,000
Sold Price
$530,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$664,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,375
Avg. Annual Appreciation
4.40%
Original Mortgage
$477,000
Outstanding Balance
$422,179
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$242,196

Purchase Details

Closed on
Nov 20, 2019
Sold by
Hojuda Llc
Bought by
Ray White Howard and Willis Judith Willis

Purchase Details

Closed on
Jul 28, 2010
Sold by
White Howard Ray and White Judith Willis
Bought by
Hojuda Llc
Source: Public Records

Range of Values:

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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
Clark Mark Douglas $530,000 None Available
Ray White Howard -- None Available
Hojuda Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Mark Douglas $477,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $530,000 +0.2% $280 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $529,000 0.0% $279 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $529,000 -1.9% $279 / Sq Ft
04/21/2020 04/21/20 Price Changed $539,000 -1.8% $284 / Sq Ft
03/05/2020 03/05/20 For Sale $549,000 -- $290 / 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 $2,033 $327,714 $174,501 $153,213
2024 $2,033 $327,714 $174,501 $153,213
2023 $2,015 $327,714 $174,501 $153,213
2022 $2,015 $327,714 $174,501 $153,213
2021 $2,015 $327,714 $174,501 $153,213
2020 $2,104 $342,064 $188,851 $153,213
2018 $2,029 $327,226 $184,341 $142,885
2017 $2,029 $327,226 $184,341 $142,885
2016 $2,029 $327,226 $184,341 $142,885
2015 $1,814 $318,300 $0 $0
2014 $1,814 $318,346 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3599649

Canopy MLS (Canopy Realtor® Association)

APN: 6589-19-69-7935