C
Seller's Agent in 2020
Carrie Arnold
Southern Homes of the Carolinas, Inc
(704) 881-2245
3 in this area
10 Total Sales
248 Hermance Ln Unit 241 Mooresville, NC 28117
Estimated Value: $1,692,000 - $3,046,693
0.73
Acre
$3,176,607
Price per Acre
31,799
Sq Ft Lot
Highlights
- Waterfront
- Community Lake
- Level Lot
- Lakeshore Elementary School Rated A-
- Many Trees
About This Lot
As of October 2020Beautiful waterfront property offering a diversion from the hustle & bustle! Very close to fantastic shopping, dining, & entertainment. Large and mostly level waterfront lot offering a sprawling view of a large cove. Fairly deep water. Homeowner previously had a mobile home on the property that was hooked up to a well and septic. However, well may need replaced. There is a pier in place. No HOA! Bring your builder and enjoy the convenience to Mooresville and Sherrills Ford yet take advantage of the peace and quiet that Lake Norman offers.
This is a true gem!
Last Agent to Sell the Property
Southern Homes of the Carolinas, Inc License #285176 Listed on: 05/22/2020
Last Buyer's Agent
Southern Homes of the Carolinas, Inc License #285176 Listed on: 05/22/2020
Property Details
Property Type
- Land
Lot Details
- Waterfront
- Level Lot
- Many Trees
Utilities
- Septic Tank
Community Details
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 4638-02-2259.000
- Tax Block 2624
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2020
Closed on
Oct 6, 2020
Sold by
Gaddy Jo Ann M
Bought by
Santomenna Matthew and Santomenna Lynette
Seller's Agent
Carrie Arnold
Southern Homes of the Carolinas, Inc
Buyer's Agent
Carrie Arnold
Southern Homes of the Carolinas, Inc
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,893,923
Avg. Annual Appreciation
39.75%
Original Mortgage
$318,750
Outstanding Balance
$229,097
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,089,826
Purchase Details
Closed on
Apr 12, 2002
Sold by
Vangaddy Warren and Gaddy Sally Weeks
Bought by
Gaddy Jo Ann M
Purchase Details
Closed on
Aug 26, 1998
Sold by
Crescent Resources Inc
Bought by
Vangaddy Warren and Gaddy Sally Weeks
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 1, 1991
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Santomenna Matthew | $425,000 | Meridian Title Company | |
| Gaddy Jo Ann M | -- | -- | |
| Vangaddy Warren | $95,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santomenna Matthew | $318,750 | |
| Previous Owner | Vangaddy Warren | $85,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2020 10/06/20 | Sold | $425,000 | -5.3% | -- |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 05/22/2020 05/22/20 | For Sale | $449,000 | -- | -- |
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 | $10,765 | $1,706,650 | $600,000 | $1,106,650 |
| 2023 | $8,445 | $1,421,120 | $600,000 | $821,120 |
| 2022 | $2,427 | $386,840 | $350,000 | $36,840 |
| 2021 | $2,235 | $356,130 | $350,000 | $6,130 |
| 2020 | $2,235 | $356,130 | $350,000 | $6,130 |
| 2019 | $2,128 | $356,130 | $350,000 | $6,130 |
| 2018 | $2,152 | $351,470 | $325,000 | $26,470 |
| 2017 | $2,152 | $351,470 | $325,000 | $26,470 |
| 2016 | $2,152 | $351,470 | $325,000 | $26,470 |
| 2015 | $2,152 | $351,470 | $325,000 | $26,470 |
| 2014 | $1,700 | $367,110 | $325,000 | $42,110 |
Source: Public Records
Agents Affiliated with this Home
-
Carrie Arnold
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3623594
APN: 4638-02-2259.000
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