NOT LISTED FOR SALE

254 Beaten Path Rd Mooresville, NC 28117

Estimated Value: $966,000 - $1,389,000

3 Beds
3 Baths
3,589 Sq Ft
$353/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,065,000 $297 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,208/month

49 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Open Floorplan
  • Woodland Heights Elementary School Rated A-
  • Waterfront
  • Community Lake

About This Home

As of February 2022

Gorgeous 3 Bedroom Waterfront Home w/No HOA's! Perfect for VRBO! Located on Private Cove with 4-8ft Water! Elegant Dining Area w/Custom Built-In Cabinet, Rosewood Hardwood Floors Throughout Main Level, Gourmet Kitchen w/Quartz Counters, Kraftmaid Cabinets & SS Appliances, Huge Primary Bedroom w/Access to Back Deck, Spa Like Master Bath w/Soaking Tub & Walk-In Shower, Secondary Bedrooms w/Plenty of Closet Space, Upstairs Bonus Room, Office & Craft Area, Lower Level Boasts Second Living Quarters! Great Room/Media Area w/Motorized Projector Screen, 2nd Kitchen w/Quartz Counters, New LVP Floors, Full Bath, Rec Area, & Flex Room. Outdoor Shower, Covered Deck & Patio for Entertaining, Shoreline Boardwalk Leading to Pier & Covered Boat Slip, Never a Problem Getting your Boat Out! Fire Pit Area Overlooking Lake Norman, 2 Car Detached Garage w/Tons of Storage Space Above & 8x24 Shop Below, Excellent Location Close to Shopping, Restaurants w/Low Iredell County Taxes & Award Winning Schools.

Last Agent to Sell the Property

Christy Allen

The Allen Team Inc License #83136 Listed on: 12/01/2021

Last Buyer's Agent

Matt Osman

Coldwell Banker Realty License #299133

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,062

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Corner Lot
  • Irrigation
  • Zoning described as R20

Home Design

  • Transitional Architecture
  • Metal Roof

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Ventless Fireplace
  • Recreation Room with Fireplace
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Detached Garage
  • Workshop in Garage
  • 1 to 5 Parking Spaces

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Pier
  • Personal Watercraft Lift
  • Boat Lift
  • Patio
  • Terrace
  • Fire Pit
  • Separate Outdoor Workshop
  • Front Porch

Schools

  • Woodland Heights Elementary And Middle School
  • Lake Norman High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4637-01-1726.000
  • Tax Block 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,062

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1988
  • Ratio Current Price By Acre: 1033980.58
  • Restrictions: Other - See Media/Remarks
  • Restrictions Description: CCR's Undiscovered
  • Road Surface Type: Circular, Concrete
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Hardwood, Tile, Vinyl
  • Interior Amenities: Built Ins, Cable Available, Garage Shop, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Sq Ft Additional: 704
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1829
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 583
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 583
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 502
  • Porch: Back,Front,Patio
  • Fixture Exception Description: Ring Portable System, Stop light & Light Above Ping Pong Table
  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Fan, Plumbed For Ice Maker, Microwave, Propane Cooktop
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1258
  • Fireplace Features: Ventless, Recreation Room
  • Living Area: 3589
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation, Satellite Internet Available, Terrace, Wired Internet Available, Workshop
  • New Construction: No
  • Roof: Metal, Wood
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Dock, Personal Watercraft Lift, Pier
  • Construction Type: Fiber Cement

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 707
  • Parking Features: Detached, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake
  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Lake On Property, Water View, Waterfront
  • Lot Size Area: 1.03
  • Lot Size Units: Acres
  • Parcel Number: 4637-01-1726.000
  • Plat Book Slide: 17
  • Plat Reference Section Pages: 17-25
  • Lot Size: 197*182*159*173*251
  • Zoning Description: R20

Tax Info

  • Tax Block: 25
  • RATIO List Price By Tax Amount: 2.46715

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Woodland Heights
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Feb 24, 2022
Sold by
Fairfax Gary D and Fairfax Sherrill J
Bought by
Homes Homes Homes Llc
Seller's Agent
Christy Allen
The Allen Team Inc
Buyer's Agent
Matt Osman
Coldwell Banker Realty
List Price
$995,000
Sold Price
$1,065,000
Premium/Discount to List
$70,000
7.04%
Current Estimated Value
$1,267,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,987
Avg. Annual Appreciation
4.90%
Original Mortgage
$905,250
Outstanding Balance
$842,192
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$425,795

Purchase Details

Closed on
Mar 22, 2000
Sold by
Martin Linda P and Martin William P
Bought by
Fairfax Gary D and Fairfax Sherrill J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
8.34%

Purchase Details

Closed on
Oct 1, 1993

Purchase Details

Closed on
Oct 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
Homes Homes Homes Llc $1,065,000 Austin Title
Fairfax Gary D $142,000 --
-- $80,000 --
-- $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homes Homes Homes Llc $905,250
Previous Owner Fairfax Gary D $127,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $1,065,000 +7.0% $297 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $995,000 0.0% $277 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $995,000 -- $277 / 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 $6,062 $1,017,370 $500,000 $517,370
2023 $6,062 $1,017,370 $500,000 $517,370
2022 $2,591 $403,300 $240,000 $163,300
2021 $2,587 $403,300 $240,000 $163,300
2020 $2,587 $403,300 $240,000 $163,300
2019 $2,546 $403,300 $240,000 $163,300
2018 $2,347 $384,070 $240,000 $144,070
2017 $2,347 $384,070 $240,000 $144,070
2016 $2,347 $384,070 $240,000 $144,070
2015 $2,347 $384,070 $240,000 $144,070
2014 $2,307 $394,950 $240,000 $154,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3808558

Canopy MLS (Canopy Realtor® Association)

APN: 4637-01-1726.000