Seller's Agent in 2025
Erica Vaughan
Ivester Jackson Properties
(704) 467-6673
7 in this area
72 Total Sales
242 Shoreline Loop Mooresville, NC 28117
Lake Norman Neighborhood
0.47
Acre
$1,021,277
Price per Acre
20,473
Sq Ft Lot
Highlights
- Waterfront
- Community Lake
- Many Trees
- Woodland Heights Elementary School Rated A-
- Separate Outdoor Workshop
About This Lot
As of January 2021Value is in lakefront lot, but dilapidated house is there if you need that for 1031 purposes (to swap a rental).
Contractors say current building has good bones. House is vacant, no power: abandoned for 20 years. Enter at own risk.
No HOA! on this lot and already perc for 4-bedroom, which is rare in this area (most test for 3). Located near the end of a peninsula on Mooresville side of Lake Norman. Within walking distance of Stutt's Marina and on deep water with plenty of room for dock (current one rotted away)
Channel in front of house is beautiful and large
Sellers have extensive permits and documentation from when they nearly built on land. 4bedroom, 8 person perc/septic tank permit approved, larger well approved, etc
HUGE Dock approved! (see attachments). Previously listed without dock approved.
Most lots in area only perc for 3 bedrooms, giving this location huge value. 30k in permitting/risk completed
Also listed as residential house in MLS
Last Agent to Sell the Property
The Virtual Realty Group License #275602 Listed on: 10/16/2020
Property Details
Property Type
- Land
Lot Details
- Waterfront
- Many Trees
Utilities
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4635-57-2213.000
Community Details
Overview
- Community Lake
Recreation
- Separate Outdoor Workshop
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2024
Sold by
Brooks David S and Mehen Lori
Bought by
Tango & Cash Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,515
Outstanding Balance
$133,311
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$1,097,689
Purchase Details
Listed on
Oct 16, 2020
Closed on
Jan 11, 2021
Sold by
Marsh Harry and Rush Kaitlin
Bought by
Brooks David S and Mehen Lori
Seller's Agent
Kaitlin Rush
The Virtual Realty Group
Buyer's Agent
Rosie Burt
Nevins Homes, Inc
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.00%
Original Mortgage
$250,000
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 12, 2018
Sold by
Marsh Harry
Bought by
Marsh Harry C and Rush Kaitlin C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,730
Interest Rate
4.43%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 6, 2017
Sold by
Parker Pamela Broome and Butler Betty D
Bought by
Marsh Harry and 242 Shoreline Loop Land Trust
Purchase Details
Closed on
Jun 1, 1972
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $827,000 | Tryon Title | |
| Warranty Deed | $480,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Deed | $5,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,550,515 | Construction | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $483,730 | Construction | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | For Sale | $3,200,000 | 0.0% | $755 / Sq Ft |
| 05/22/2025 05/22/25 | Off Market | $3,200,000 | -- | -- |
| 01/14/2021 01/14/21 | Sold | $480,000 | 0.0% | $355 / Sq Ft |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- |
| 11/15/2020 11/15/20 | Price Changed | $480,000 | -1.8% | $355 / Sq Ft |
| 11/14/2020 11/14/20 | Price Changed | $489,000 | -2.0% | $361 / Sq Ft |
| 11/06/2020 11/06/20 | Price Changed | $499,000 | -4.0% | $369 / Sq Ft |
| 10/16/2020 10/16/20 | For Sale | $520,000 | -- | $384 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,610 | $442,310 | $440,000 | $2,310 |
| 2023 | $2,610 | $442,310 | $440,000 | $2,310 |
| 2022 | $2,002 | $319,090 | $316,000 | $3,090 |
| 2021 | $2,158 | $334,990 | $316,000 | $18,990 |
| 2020 | $2,158 | $334,990 | $316,000 | $18,990 |
| 2019 | $2,125 | $334,990 | $316,000 | $18,990 |
| 2018 | $1,938 | $315,590 | $300,000 | $15,590 |
| 2017 | $969 | $315,590 | $300,000 | $15,590 |
| 2016 | $969 | $315,590 | $300,000 | $15,590 |
| 2015 | $969 | $315,590 | $300,000 | $15,590 |
| 2014 | $1,068 | $375,590 | $360,000 | $15,590 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller's Agent in 2021
Kaitlin Rush
The Virtual Realty Group
(704) 956-7498
1 in this area
5 Total Sales
-
Buyer's Agent in 2021
Rosie Burt
Nevins Homes, Inc
(704) 677-0944
4 in this area
15 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3671837
APN: 4635-57-2213.000
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