NOT LISTED FOR SALE

2558 Penngate Dr Unit 7 Sherrills Ford, NC 28673

Estimated Value: $1,475,000 - $1,554,264

3 Beds
3.5 Baths
4,438 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,014,336 $229 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,611/month

9 Days on Market

Highlights

  • Covered Dock
  • Waterfront
  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of July 2021

LAKE FRONT Custom 3 bedroom, 3 full bath brick home includes an expansive terrace, firepit patio and amazing view of Lake Norman! Bright, natural light fills the home with lake views from many of the rooms. Relax in the sunroom year round (heated and cooled) or rest by the stone gas fireplace in the living room. Hardwoods throughout the main living space. Updated gourmet kitchen with granite countertops and GE appliances. A 3-car garage opens to the laundry room with ample cabinets and a laundry sink. Elegant master suite features a large walk-in closet, master bath, and balcony overlooking the lake. 2 additional bedrooms with a Jack and Jill bath. Finished basement includes: media room, crafting/workout area, workshop, tons of storage, and a full kitchen and bath.

Last Agent to Sell the Property

Cindy Greene

EXP Realty LLC License #288499 Listed on: 05/07/2021

EXP Realty LLC

Last Buyer's Agent

Julie Lopez

Ivester Jackson Christie's License #212979

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,664

Year Built

  • Built in 2002

Lot Details

  • Waterfront
  • Sloped Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Storage Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Side Facing Garage
  • 1 to 5 Parking Spaces

Outdoor Features

  • Covered Dock
  • Deck
  • Fire Pit
  • Separate Outdoor Workshop
  • Outdoor Gas Grill
  • Rear Porch

Utilities

  • Heat Pump System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Community Details

  • Cedar Association, Phone Number (877) 252-3327
  • Lakepointe North Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4628013736250000
  • Tax Block 1940

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,664

Year Built

Built in 2002

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2002
  • Ratio Current Price By Acre: 1067722.11
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Brick/Mortar
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Basement Shop, Breakfast Bar, Cable Available, Garden Tub, Skylight(s), Storage Unit, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 1
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2446
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back,Deck
  • Fixture Exception Description: Fridge in basement, Freezer in garage, and Storage shelves in basement
  • Appliances: Cable Prewire, Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Security System, Surround Sound, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1992
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 4438
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 1

Exterior Features

  • Exterior Features: Fire Pit, Gas Grill, In-Ground Irrigation, Workshop
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Catawba
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Covered structure, Dock
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 658
  • Parking Features: Attached Garage, Garage - 3 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Heat Pump, Heat Pump, Natural Gas, Wall Unit(s), Wall Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Water Softener System, Well

Condo/Co-op/Association

  • Association Fee: 234
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cedar
  • Phone: 877-252-3327
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required
  • HOA Email: support@mycmg.com

Lot Info

  • Lot Features: Lake On Property, Lake Access, Sloped, Wooded, Water View, Waterfront, Year Round View
  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 4628013736250000
  • Plat Book Slide: 3365
  • Plat Reference Section Pages: 1940
  • Zoning Description: RES

Tax Info

  • Tax Block: 1940
  • RATIO List Price By Tax Amount: 1.42714

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 29, 2021
Sold by
Turowski Thomas H and Thomas H Turowski Revocable Tr
Bought by
Mcnicol Jack Michael and Neal Ruth Edla
Seller's Agent
Cindy Greene
EXP Realty LLC
Buyer's Agent
Julie Lopez
Ivester Jackson Christie's
List Price
$997,000
Sold Price
$1,014,336
Premium/Discount to List
$17,336
1.74%
Current Estimated Value
$1,532,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,980
Avg. Annual Appreciation
10.07%
Original Mortgage
$250,000
Outstanding Balance
$191,068
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,341,248

Purchase Details

Closed on
Sep 22, 2016
Sold by
Turowski Thomas and Turowski Barbara
Bought by
Turowski Thomas H and Turowski Barbara

Purchase Details

Closed on
Oct 18, 2000

Purchase Details

Closed on
Feb 1, 1999

Purchase Details

Closed on
Dec 1, 1998
Source: Public Records

Range of Values:

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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
Mcnicol Jack Michael $1,025,000 None Available
Turowski Thomas H -- None Available
Turowski Thomas H -- Attorney
-- $184,500 --
-- $127,000 --
-- $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnicol Jack Michael $250,000
Closed Mcnicol Jack Michael $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2021 07/08/21 Sold $1,014,336 +1.7% $229 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $997,000 -- $225 / 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
2025 $6,664 $1,353,100 $444,600 $908,500
2024 $6,664 $1,353,100 $444,600 $908,500
2023 $6,529 $890,500 $244,500 $646,000
2022 $6,278 $890,500 $244,500 $646,000
2021 $4,925 $698,600 $244,500 $454,100
2020 $4,925 $698,600 $244,500 $454,100
2019 $4,925 $698,600 $0 $0
2018 $4,561 $665,800 $245,000 $420,800
2017 $4,561 $0 $0 $0
2016 $2,736 $0 $0 $0
2015 $3,516 $665,750 $245,000 $420,750
2014 $3,516 $586,000 $311,600 $274,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3736351

Canopy MLS (Canopy Realtor® Association)

APN: 4628013736250000