NOT LISTED FOR SALE

2534 Penngate Dr Sherrills Ford, NC 28673

Estimated Value: $1,485,000 - $1,702,000

3 Beds
5 Baths
4,951 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $994,000 $201 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,760/month

About This Home

As of November 2020

Full brick waterfront beauty, immaculately maintained and ready for new owners! Kitchen equipped with new quartz counters, all Bosch appliances including new wall oven and cooktop in 2020, tile backsplash, new sink, faucet and disposal in 2020, and center island. New LVP flooring in 2020. Master on main with double tray ceiling, fireplace, walk in custom closet, and updated bath with beautiful leathered granite. Sunroom or screened porch overlooking the lake, take your pick! Walk out basement features 2nd kitchen and large workshop. Septic is for 3 bedrooms, but you have 5 rooms to choose from! Impressive outdoor living area boasts stone firepit, sitting area by the water, low maintenance vinyl pier and covered dock, and composite back deck. Full lake-fed irrigation, 2 new HVAC in 2018, low HOA fees. This home is ready to go, don't miss it!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 30, 2020
Sold by
Abrahamson David L and Abrahamson Kathie A
Bought by
Baker Renee A and Renee A Baker Revocable Trust
Seller's Agent
Maria Jacobs
Lake Norman Realty, Inc.
Buyer's Agent
Alesia Preece
WEICHERT REALTORS-LKN Partners
List Price
$985,000
Sold Price
$994,000
Premium/Discount to List
$9,000
0.91%
Current Estimated Value
$1,561,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,392
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jul 15, 2016
Sold by
Schooley Frederic J and Schooley Jean N
Bought by
Abrahamson David L and Abrahamson Kathie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1998
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Baker Renee A $994,000 Tryon Title Agency Llc
Baker Renne L $1,988 Tryon Title
Abrahamson David L $735,000 Attorney
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abrahamson David L $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $994,000 +0.9% $201 / Sq Ft View Prior Sale
10/20/2020 10/20/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $985,000 -- $199 / Sq Ft

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
2025 $6,671 $1,354,600 $429,500 $925,100
2024 $6,671 $1,354,600 $429,500 $925,100
2023 $6,336 $901,600 $262,500 $639,100
2022 $6,356 $901,600 $262,500 $639,100
2021 $6,356 $901,600 $262,500 $639,100
2020 $5,706 $809,400 $262,500 $546,900
2019 $5,706 $809,400 $0 $0
2018 $5,398 $788,100 $262,500 $525,600
2017 $5,398 $0 $0 $0
2016 $5,170 $0 $0 $0
2015 $4,192 $788,110 $262,500 $525,610
2014 $4,192 $698,600 $334,500 $364,100
Source: Public Records

Agents Affiliated with this Home

  • Maria Jacobs

    Seller's Agent in 2020

    Maria Jacobs

    Lake Norman Realty, Inc.

    (704) 806-3770

    28 in this area

    64 Total Sales

    Maria Jacobs
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jessica Giammarinaro

    Lake Norman Realty, Inc.

  • A

    Buyer's Agent in 2020

    Alesia Preece

    WEICHERT REALTORS-LKN Partners

See All Agents

Map

North Carolina Catawba County Sherrills Ford 28673

2534 Penngate Dr, Sherrills Ford, NC

This home is located at 2534 Penngate Dr, Sherrills Ford, NC 28673 and is currently estimated at $1,561,392, approximately $315 per square foot. 2534 Penngate Dr is a home located in Catawba County with nearby schools including Bandys High School, Sherrills Ford Elementary School, and Mill Creek Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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