NOT LISTED FOR SALE

255 Milwaukee Ln Cleveland, NC 27013

Estimated Value: $328,000 - $412,242

2 Beds
1.5 Baths
1,907 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $370,500 $194 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,233/month

Highlights

  • Water Views
  • Wooded Lot
  • Porch
  • Hilly Lot
  • Balcony
  • Pocket Doors

About This Home

As of September 2023

Welcome Home to this countryside retreat.This ranch walk out basement home offers an inviting open floor plan that connects the living & kit area with eat in Island and vinyl wood flooring. Enjoy all the extra space in the primary bedrm leading into primary bath w/ a large zero entry tiled shower. Relax on your covered porch overlook your beautiful pond & property. The basement has additional space that could serve as an office/ bdrm that is heated & cooled. No permits for the finished rm or 1/2 bath in the basement. Basement has potential to make a second living quarters. A portion of the property is in a 100 yr flood plain but the house does not require flood insurance. The septic permit notes a 1 bdrm septic, however, Iredell Co believes this to be a mistake as only 2 bedroom septic systems are installed and the septic capacity for this tank (1000 gallons) is a 2 bdrm septic. Please contact Iredell county for verification. See attachments regarding the septic. Appointment required

Last Agent to Sell the Property

Naomi Hofert

Allen Tate Lake Norman Brokerage Email: naomi@ComeHomeCarolina.com License #289430 Listed on: 09/06/2023

Allen Tate Lake Norman

Co-Listed By

Diane Hofert

Allen Tate Lake Norman Brokerage Email: naomi@ComeHomeCarolina.com License #166965

Last Buyer's Agent

Stacy Vaughn

EXP Realty LLC Mooresville License #183573

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 2009

Lot Details

  • Hilly Lot
  • Wooded Lot
  • Property is zoned RA

Home Design

  • Bungalow
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Pocket Doors
  • French Doors
  • Family Room with Fireplace
  • Water Views
  • Electric Range

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • Detached Carport Space
  • Driveway

Outdoor Features

  • Balcony
  • Shed
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4771-62-3943.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,979

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 2009
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 194.28
  • Geocode Confidence: High
  • Attribution Contact: naomi@ComeHomeCarolina.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Laminate, Tile
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1613
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1318
  • Sq Ft Unheated Total: 1318
  • Sq Ft Upper: 0
  • Appliances: Electric Range, Washer
  • Above Grade Finished Sq Ft: 1613
  • Has Basement: Partially Finished, Sump Pump, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 294
  • Door Features: French Doors, Insulated Door(s), Pocket Doors
  • Fireplace Features: Family Room, Wood Burning Stove
  • Living Area: 1907
  • Bedroom Main: 2
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Construction Type: Stone, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Bathroom, Main Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Hilly, Wooded
  • Lot Size Area: 2.96
  • Lot Size Units: Acres
  • Parcel Number: 4771-62-3943.000
  • Zoning: RA
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 29, 2023
Sold by
Schmid Michael and Schmid Patricia A
Bought by
Goodman Travis and Algier Jaclyn
Seller's Agent
Naomi Hofert
Allen Tate Lake Norman
Buyer's Agent
Stacy Vaughn
EXP Realty LLC Mooresville
List Price
$350,000
Sold Price
$370,500
Premium/Discount to List
$20,500
5.86%
Views
36
Current Estimated Value
$379,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,061
Avg. Annual Appreciation
-1.31%
Original Mortgage
$333,450
Outstanding Balance
$328,366
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$32,856

Purchase Details

Closed on
Oct 25, 2006
Sold by
Meadows John and Meadows Paige M
Bought by
Schmid Michael and Schmid Patricia A

Purchase Details

Closed on
Sep 5, 2006
Sold by
Garrison Randall Thomas and 21St Mortgage Corp
Bought by
Redden John V and Redden Wanda S
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
Goodman Travis $370,500 None Listed On Document
Schmid Michael $125,000 None Available
Redden John V $58,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Travis $333,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $370,500 +5.9% $194 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $350,000 -- $184 / 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 $1,979 $325,180 $21,610 $303,570
2023 $1,979 $252,380 $24,050 $228,330
2022 $1,180 $179,200 $19,240 $159,960
2021 $1,180 $179,200 $19,240 $159,960
2020 $1,180 $179,200 $19,240 $159,960
2019 $1,163 $179,200 $19,240 $159,960
2018 $1,006 $159,620 $19,240 $140,380
2017 $1,006 $159,620 $19,240 $140,380
2016 $1,006 $159,620 $19,240 $140,380
2015 $1,006 $159,620 $19,240 $140,380
2014 -- $168,550 $19,240 $149,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4058913

Canopy MLS (Canopy Realtor® Association)

APN: 4771-62-3943.000