NOT LISTED FOR SALE

Estimated Value: $2,961,000 - $4,051,000

0.74 Acre
$4,912,469 Price per Acre
32,234 Sq Ft Lot

Last Sold December 16, 2021

Last sale price $1,050,000

Est. 246% increase in value since last sale

Current estimated payment $21,750/month

40 Days on Market

Highlights

  • Waterfront
  • Woodland Heights Elementary School Rated A-
  • Community Lake

About This Lot

As of December 2021

Sought after location close to The Point and no HOA dues. Wide range views of Lake Norman with gentle slooping lot perfect for walk-out basement. Grandfathered, 2 story boathouse at water's edge with winch for ease in getting watercraft into the boathouse plus convenient concrete boat ramp. The perfect storage area for your boat, jet skis or other lake toys. The 2nd level of the boathouse has a pitched ceiling and huge windows on each side with long range views of the Lake. This approximately 15' X 26' flex space is completely open lending itself to multiple uses such as office, play room, game/hobby area. Use your imanigation! The private pier has a large covered sitting area and boat slip. Perfect area to relax and view the sunset over Lake Norman. The shoreline already has rip rap for stabilization. This area of Barber Loop has many newer home and adjacent waterfront homes $2,000,000+. Bring your plan and builder - you won't be dissapointed.

Last Agent to Sell the Property

Doris Nash

Ivester Jackson Distinctive Properties License #203067 Listed on: 08/31/2021

Co-Listed By

Jessica Simpson

Ivester Jackson Distinctive Properties License #243007

Last Buyer's Agent

Chad Markel

EXP Realty LLC Mooresville License #321724

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Year Built

  • 2023

Lot Details

Schools

  • Woodland Heights Elementary And Middle School
  • Lake Norman High School

Additional Features

  • Waterfront
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 4626-10-4538.000

Community Details

Overview

  • Community Lake

Recreation

  • Outbuilding

Property Details

Property Type

Land

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1418918.92
  • Restrictions: No Representation
  • Special Features: None
  • Year Built (Public Record): 2023

Interior Features

  • Foundation Details: Basement

Exterior Features

  • Exterior Features: Outbuilding

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Woodland Heights
  • Middle School: Woodland Heights
  • High School: Lake Norman
  • Middle Or Junior School: Woodland Heights

Lot Info

  • Lot Dimension: 186'x153'x180'x191'
  • Lot Features: Waterfront
  • Lot Size Area: 0.740
  • Parcel Number: 4626-10-4538.000
  • Zoning Specification: RR
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 421610.00
  • Tax Location: Iredell

MLS Schools

  • Elementary School: Woodland Heights
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Dec 16, 2021
Sold by
Bergquist Henry Roy and Bergquist Nancy
Bought by
Shugarman Michael E and Shugarman Aimee S
Seller's Agent
Doris Nash
Ivester Jackson Distinctive Properties
Buyer's Agent
Chad Markel
EXP Realty LLC Mooresville
List Price
$1,050,000
Sold Price
$1,050,000
Total Days on Market
40
Current Estimated Value
$3,635,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,585,227
Avg. Annual Appreciation
6.95%
Original Mortgage
$735,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 18, 2007
Sold by
Berkel Properties Llc
Bought by
Bergquist Henry Roy and Bergquist Nancy

Purchase Details

Closed on
Jul 10, 2002
Sold by
Mermans Cornelius A M and Mermans Johanna K
Bought by
Berkel Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 1, 1987

Purchase Details

Closed on
Jun 1, 1977
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shugarman Michael E $1,050,000 None Available
Bergquist Henry Roy $268,879 None Available
Berkel Properties Llc $249,000 --
-- $122,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shugarman Michael E $2,000,000
Closed Shugarman Michael E $735,000
Previous Owner Berkel Properties Llc $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $1,050,000 0.0% --
10/10/2021 10/10/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $1,050,000 -- --
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 $16,129 $2,723,480 $625,000 $2,098,480
2023 $16,129 $698,000 $625,000 $73,000
2022 $2,646 $421,610 $400,000 $21,610
2021 $2,646 $421,610 $400,000 $21,610
2020 $2,646 $421,610 $400,000 $21,610
2019 $2,603 $421,610 $400,000 $21,610
2018 $2,529 $423,250 $400,000 $23,250
2017 $2,529 $423,250 $400,000 $23,250
2016 $2,529 $423,250 $400,000 $23,250
2015 $2,529 $423,250 $400,000 $23,250
2014 $2,362 $425,580 $400,000 $25,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3780381

Canopy MLS (Canopy Realtor® Association)

APN: 4626-10-4538.000