$522,000
SOLD APR 26, 2021

2587 Penngate Dr Sherrills Ford, NC 28673

4 Beds
3 Baths
2,857 Sq Ft
0.74 Acres

Recently Sold

$183 Per Sq Ft

4% Above List Price

Highlights

  • Open Floorplan
  • Community Lake
  • Wood Flooring
  • Sherrills Ford Elementary School Rated A-
  • Contemporary Architecture
  • Attached Garage

About This Home

As of April 2021

Welcome to Lake Norman Living at its finest! Custom RANCH with DEEDED BOAT Slip #11 in LakePointe North. A Lake Norman waterfront community! Only Street in the neighborhood that you can view Lake Norman while walking to boat slip at end of cul-de-sac. Feels like you are on vacation 365 days a year. Open floor plan with soaring 12' ceilings. Private Mst Bedroom Suite/sitting area. 4 Season heat/cooled sunroom peaceful view. Updated kitchen with quartz countertops, Granite sink, new faucet, tile backslap, lighting. New dishwasher, Refrigerator 2019, Remodeled Hall bath-new cabinet/quartz countertop, vessel sink, touchless toilet, tile shower, lighting, mirror, Solid wood floors, Carpet replaced, Tile flooring, Hardware replaced on cabinets & doors, 2.5 size Garage/new opener/wood cabinets/wire shelving. Replaced one heat pump, replaced coil in 2nd heat pump, Gutters replaced, Whole house water filter, Irrigation front yard, Expanded deck with Trex composite decking/vinyl railings.

Last Agent to Sell the Property

Lynn Stallings

Southern Homes of the Carolinas, Inc License #235136 Listed on: 03/12/2021

Last Buyer's Agent

Jenny Eastman

Dickens Mitchener & Associates Inc License #221515

Dickens Mitchener & Associates Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Septic Tank

Community Details

  • Cedar Mgmt Association, Phone Number (704) 664-8808
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4628012773800000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$59 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Contemporary
  • Ratio Close Price By List Price: 1.04421
  • Ratio Close Price By Original Li: 1.04421
  • Ratio Current Price By Acre: 705405.41
  • Ratio Current Price By Sq Ft: 182.71
  • Year Built: 1999
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Ice Maker Connection, Microwave, Propane, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: Gas Logs, Great Room, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-664-8808
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2857
  • Total Sq Ft: 2857
  • Sq Ft Unheated Main: 398
  • Sq Ft Unheated Total: 398

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Association Fee: 709.14
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Mgmt
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 101'X309'X105'X336'
  • Lot Features: Trees
  • Lot Size Area: 0.740
  • Parcel Number: 4628012773800000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 382500.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 26, 2021
Sold by
Crespo Enrique and Crespo Marilyn N
Bought by
Noble Brian R and Noble Kerry A
Seller's Agent
Lynn Stallings
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jenny Eastman
Dickens Mitchener & Associates Inc
List Price
$499,900
Sold Price
$522,000
Premium/Discount to List
$22,100
4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$100,000
Outstanding Balance
$76,137
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$633,687

Purchase Details

Closed on
Oct 12, 1999

Purchase Details

Closed on
Jan 1, 1999

Purchase Details

Closed on
Dec 1, 1998
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $522,000 Barristers Title Services
Warranty Deed $1,044 None Listed On Document
Deed $270,000 --
Deed $38,500 --
Deed $29,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $100,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $301,807 VA
Previous Owner $263,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $278,340 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $699,000 -2.2% $245 / Sq Ft
04/11/2025 04/11/25 Price Changed $715,000 -2.0% $251 / Sq Ft
03/28/2025 03/28/25 For Sale $729,900 +39.8% $256 / Sq Ft
04/26/2021 04/26/21 Sold $522,000 +4.4% $183 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $499,900 -- $175 / 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 $3,008 $610,700 $52,200 $558,500
2023 $2,947 $390,800 $44,800 $346,000
2022 $2,755 $390,800 $44,800 $346,000
2021 $2,697 $382,500 $44,800 $337,700
2020 $2,697 $382,500 $44,800 $337,700
2019 $2,697 $382,500 $0 $0
2018 $2,529 $369,200 $45,500 $323,700
2017 $2,529 $0 $0 $0
2016 $2,529 $0 $0 $0
2015 $2,149 $369,240 $45,500 $323,740
2014 $2,149 $358,100 $65,700 $292,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3716030

Canopy MLS (Canopy Realtor® Association)

APN: 4628012773800000