$865,000
SOLD OCT 11, 2024

230 Shady Cove Rd Troutman, NC 28166

4 Beds
4 Baths
2,828 Sq Ft
0.65 Acres

Recently Sold

$306 Per Sq Ft

21% Below List Price

44 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Wood Flooring
  • Pier
  • Waterfront
  • Workshop

About This Home

As of October 2024

Water! Water! Everywhere! Embrace the ultimate lakefront lifestyle in this charming home, offering expansive views of Lake Norman. This cozy home features 4 spacious bedrooms & 4 full baths, ensuring ample space for family and guests. Step inside to discover a cozy living area with two fireplaces, perfect for chilly evenings. The open floor plan seamlessly connects the living, dining, & kitchen areas, creating an inviting space for entertaining. The kitchen is well thought out, complete with modern appliances and plenty of space on the granite countertops. Enjoy your morning coffee or an evening glass of wine on the screened porch, savoring the tranquility of the lake. The outdoor patio, with a pergola, is ideal for alfresco dining and summer gatherings. Situated on a .65-acre lot with 120' of waterfront, this home offers endless opportunities for water activities. Don't miss this rare opportunity to own a slice of paradise on Lake Norman. Schedule your private tour today!

Last Agent to Sell the Property

Elizabeth Davis

Keller Williams Unified Brokerage Email: elizabethdavis@kw.com License #179636 Listed on: 07/26/2024

Keller Williams Unified

Last Buyer's Agent

Nevin Whitehead

DASH Carolina License #324174

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1964

Lot Details

  • Waterfront
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Wood Siding
  • Rough-Sawn Siding

Interior Spaces

  • 1.5-Story Property
  • Wet Bar
  • Insulated Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Wood Flooring
  • Water Views
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Workshop
  • Crawl Space
  • Basement Storage

Outdoor Features

  • Pier
  • Boat Lift
  • Docks
  • Patio
  • Outbuilding

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Shady Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4730-61-4136.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,897

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1964
  • Road Surface Type: Concrete, Gravel, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 305.87
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: elizabethdavis@kw.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Cable Prewire, Pantry, Split Bedroom, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1899
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 929
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 2828
  • Has Basement: Basement Shop, Partial, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Living Area: 2828
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 12
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Dock
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Dock, Pier
  • Construction Type: Rough Sawn, Wood
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Glass Enclosed, Patio, Rear Porch, Screened, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 793
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Closet, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Views, Waterfront
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Parcel Number: 4730-61-4136.000
  • Lot Size: 120WFx241x103x281
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 8, 2024
Sold by
Paul Bryon Bevard Living Trust and Bevard Mark Byron
Bought by
Martyn Jeffrey Harry and Demars Martyn Kristi
Seller's Agent
Elizabeth Davis
Keller Williams Unified
Buyer's Agent
Nevin Whitehead
DASH Carolina
List Price
$1,089,000
Sold Price
$865,000
Premium/Discount to List
-$224,000
-20.57%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.87%
Original Mortgage
$692,000
Outstanding Balance
$687,420
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$315,424

Purchase Details

Closed on
May 10, 2022
Sold by
Bevard Paul B
Bought by
Paul Byron Bevard Living Trust

Purchase Details

Closed on
Nov 4, 1999
Sold by
Louttit Joan S
Bought by
Bevard Paul B and Bevard Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 1, 1987

Purchase Details

Closed on
Jun 1, 1970
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 Type Sale Price Title Company
Warranty Deed $865,000 None Listed On Document
Warranty Deed -- Simon Peter W
Warranty Deed $290,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $692,000 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 Pending -- -- --
06/25/2025 06/25/25 Price Changed $1,220,000 -2.4% $445 / Sq Ft
06/13/2025 06/13/25 Price Changed $1,250,000 -3.8% $456 / Sq Ft
05/29/2025 05/29/25 For Sale $1,300,000 +50.3% $474 / Sq Ft
10/11/2024 10/11/24 Sold $865,000 -8.5% $306 / Sq Ft
09/03/2024 09/03/24 Price Changed $945,000 -5.5% $334 / Sq Ft
08/11/2024 08/11/24 Price Changed $999,500 -8.2% $353 / Sq Ft
07/26/2024 07/26/24 For Sale $1,089,000 -- $385 / 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 $4,897 $806,140 $495,000 $311,140
2023 $4,897 $806,140 $495,000 $311,140
2022 $3,261 $502,170 $288,750 $213,420
2021 $3,207 $502,170 $288,750 $213,420
2020 $3,207 $502,170 $288,750 $213,420
2019 $3,052 $497,230 $288,750 $208,480
2018 $2,391 $391,470 $210,000 $181,470
2017 $2,391 $391,470 $210,000 $181,470
2016 $2,391 $391,470 $210,000 $181,470
2015 $2,391 $391,470 $210,000 $181,470
2014 $2,246 $398,880 $210,000 $188,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4157636

Canopy MLS (Canopy Realtor® Association)

APN: 4730-61-4136.000