NOT LISTED FOR SALE

Estimated Value: $610,000 - $781,000

4 Beds
3 Baths
2,819 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $550,000 $195 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,336/month

2 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • Walk-In Closet
  • Traditional Architecture
  • Fireplace
  • Community Playground

About This Home

As of July 2021

Mountain Island Lake! Boatyard, community pool, lake access, walking trails and more! Come see this gorgeous home located toward the end of a dead-end street in a quiet corner of Preservation Pointe. This is a must-see to appreciate how this home has been cared for. 4 bedroom, 3 bath, 3 car garage, open floorplan, solid surface flooring, 8' entry door, coffered ceilings, arched entries, Crown Molding, screened-in sunroom with skylights, stainless steel appliances, oversized master, his and her sinks, bonus room, FLAT BACKYARD, irrigation and more! Preservation Pointe offers uncompromised lake living with mature trees, private lots, and gorgeous homes that keep you close to it all. Just 1.7 miles to the new Harris Teeter Plaza with Chick Fil A, Dunkin Donuts, Rai Lay Asian Bistro and more. Need access to Uptown? Its just 12 miles south down 16. Vacation-like living close to it all! Grab your kayak, fire up the smores! Its time for lake living at Preservation Pointe!

Last Agent to Sell the Property

John Ginolfi

Costello Real Estate and Investments LLC License #291185 Listed on: 06/17/2021

Costello Real Estate and Investments LLC

Last Buyer's Agent

Siobhan Koch

Savvy + Co Real Estate License #311749

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Irrigation

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3

Home Design

  • Traditional Architecture

Interior Spaces

  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 023-232-60

Community Details

Overview

  • Kuester Association
  • Community Lake

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.04762
  • Ratio Close Price By Original Li: 1.04762
  • Ratio Current Price By Acre: 1018518.52
  • Ratio Current Price By Sq Ft: 195.10
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1480
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Exhaust Fan, Ice Maker Connection, Wall Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1339
  • Total Sq Ft: 2819

Exterior Features

  • Construction: Brick Partial, Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool, Playground, Walking Trails
  • Association Fee: 108.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Mountain Island Lake Academy
  • Middle School: Mountain Island Lake Academy
  • High School: Hopewell

Lot Info

  • Lot Size Area: 0.540
  • Parcel Number: 023-232-60
  • Zoning Specification: R5CD

Tax Info

  • Tax Value: 425100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 12, 2021
Sold by
Junk Merritt Kelly and Merritt Kevin
Bought by
Martin Colby R and Martin Ria K
Seller's Agent
John Ginolfi
Costello Real Estate and Investments LLC
Buyer's Agent
Siobhan Koch
Savvy + Co Real Estate
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$710,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,496
Avg. Annual Appreciation
6.78%
Original Mortgage
$310,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2014
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Merritt Kevin and Junk Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,040
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2011
Sold by
Atlas Nc I Spe Llc
Bought by
Standard Pacific Of The Carolinas Llc

Purchase Details

Closed on
Jan 21, 2010
Sold by
Provident Development Group Inc
Bought by
Atlas Nc I Spe Llc
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
Martin Colby R $550,000 None Available
Merritt Kevin $404,000 None Available
Standard Pacific Of The Carolinas Llc $1,855,000 None Available
Atlas Nc I Spe Llc $2,919,370 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortner James E $418,100
Closed Martin Colby R $310,000
Previous Owner Merritt Kevin $343,870
Previous Owner Merritt Kevin $390,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $550,000 +4.8% $195 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $525,000 -- $186 / 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
2023 $4,056 $591,900 $170,000 $421,900
2022 $3,851 $425,100 $115,000 $310,100
2021 $3,759 $425,100 $115,000 $310,100
2020 $3,738 $425,100 $115,000 $310,100
2019 $3,697 $425,100 $115,000 $310,100
2018 $3,855 $342,400 $90,000 $252,400
2017 $3,826 $342,400 $90,000 $252,400
2016 $3,777 $342,400 $90,000 $252,400
2015 $3,739 $217,500 $90,000 $127,500
2014 $2,341 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3751258

Canopy MLS (Canopy Realtor® Association)

APN: 023-232-60