NOT LISTED FOR SALE

242 Spring Run Dr Mooresville, NC 28117

Estimated Value: $1,099,000 - $1,413,000

3 Beds
3 Baths
2,638 Sq Ft
$479/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $1,310,000 $497 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,086/month

35 Days on Market

Highlights

  • Docks
  • Pier
  • Waterfront
  • Lake Norman Elementary School Rated A-
  • RV Access or Parking
  • Wooded Lot

About This Home

As of October 2024

LIVE THE DREAM in this Lake Norman waterfront paradise w/SPECTACULAR SUNSET VIEWS! Outdoor entertainment is personified from one of the largest screened porches found on the lake. Relax and be dazzled by the dancing diamond show that appears on the sunlit water tips that outstretch the panoramic views. Amongst the great views, the large lot offers a deep cove for boating & water sports. Tiled daylight BSMT w/sep entrance and Kitchen offers endless opportunities & 2nd living potential. Many beautiful updates throughout home include: HW floors on majority of Main, fresh neutral paint, updated appliances/fixtures, new interior door hardware, newer roof, newer HVAC w/smart thermostat, new sleek black screened porch. Fruit trees & scenic landscaping wrap the large yard. Delight in the MAGNIF flower show each Spring from the multitude of stunning Azaleas & Camellias that blanket this property! VRBO potential. PRIME LOCATION. Virtual staging shown in several pics. NO HOA/COUNTY TAX

Last Agent to Sell the Property

Hammerhead Prop Witheld

ERA Live Moore Brokerage Email: wendyb223@gmail.com License #174302 Listed on: 07/27/2024

ERA Live Moore

Last Buyer's Agent

Tracy Cromie

Mooresville Realty LLC License #212315

Mooresville Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1989

Lot Details

  • Waterfront
  • Wooded Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • 12 Open Parking Spaces
  • RV Access or Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Propane Fireplace
  • Great Room with Fireplace
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Pier
  • Docks
  • Fire Pit

Additional Homes

  • Separate Entry Quarters

Utilities

  • Central Air
  • Heat Pump System
  • Community Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Spring Run Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 4636-73-9541.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,898

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Restrictions Description: Original Spring Run subdivision restrictions included as attachment.
  • Second Living Quarters: Interior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 496.59
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: wendyb223@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1827
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 39
  • Sq Ft Unheated Main: 495
  • Sq Ft Unheated Total: 534
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Other Equipment: Fuel Tank(s)
  • Above Grade Finished Sq Ft: 1827
  • Has Basement: Daylight, Exterior Entry, Interior Entry, Storage Space, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 811
  • Door Features: Storm Door(s)
  • Fireplace Features: Great Room, Propane, Other - See Remarks
  • Living Area: 2638
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Dock, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Garage Faces Side, Keypad Entry, RV Access/Parking

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Features: Orchard(s), Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4636-73-9541.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Oct 2, 2024
Sold by
Sharon Mccormick Rhoades Revocable Trust and Bartlett Monteth Rhoades Revocable Trust
Bought by
Gingras Edenfield Annie
Seller's Agent
Hammerhead Prop Witheld
ERA Live Moore
Buyer's Agent
Tracy Cromie
Mooresville Realty LLC
List Price
$1,300,000
Sold Price
$1,310,000
Premium/Discount to List
$10,000
0.77%
Views
28
Current Estimated Value
$1,263,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,763
Avg. Annual Appreciation
-3.40%
Original Mortgage
$916,990
Outstanding Balance
$907,549
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$355,688

Purchase Details

Closed on
Aug 21, 2023
Sold by
Rhoades Sharon M and Rhoades Bartlett M
Bought by
Sharon Mccormick Rhoades Revocable Trust and Bartlett Monteth Rhoades Revocable Trust

Purchase Details

Closed on
Jan 12, 2007
Sold by
Broughman Wendy S and Broughman James M
Bought by
Rhoades Bartlett M and Rhoades Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1992

Purchase Details

Closed on
May 1, 1989

Purchase Details

Closed on
Apr 1, 1988
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 Buyer Sale Price Title Company
Gingras Edenfield Annie $1,310,000 Tryon Title
Sharon Mccormick Rhoades Revocable Trust -- None Listed On Document
Rhoades Bartlett M -- None Available
Rhoades Sharon M $560,000 None Available
-- $270,000 --
-- $135,000 --
-- $2,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingras Edenfield Annie $916,990
Previous Owner Rhoades Sharon M $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $1,310,000 +0.8% $497 / Sq Ft
08/16/2024 08/16/24 Price Changed $1,300,000 0.0% $493 / Sq Ft
08/16/2024 08/16/24 For Sale $1,300,000 -0.8% $493 / Sq Ft
08/12/2024 08/12/24 Off Market $1,310,000 -- --
07/27/2024 07/27/24 For Sale $1,500,000 -- $569 / 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 $4,898 $820,080 $495,000 $325,080
2023 $4,898 $820,080 $495,000 $325,080
2022 $3,321 $519,760 $315,000 $204,760
2021 $3,317 $519,760 $315,000 $204,760
2020 $3,284 $514,390 $315,000 $199,390
2019 $3,232 $514,390 $315,000 $199,390
2018 $3,004 $494,010 $315,000 $179,010
2017 $3,004 $494,010 $315,000 $179,010
2016 $3,004 $494,010 $315,000 $179,010
2015 $3,004 $494,010 $315,000 $179,010
2014 $2,840 $502,330 $315,000 $187,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4164599

Canopy MLS (Canopy Realtor® Association)

APN: 4636-73-9541.000