NOT LISTED FOR SALE

261 Cove Creek Loop Unit 42 Mooresville, NC 28117

Lake Norman Neighborhood

Estimated Value: $2,042,000 - $2,581,000

1.11 Acres
$2,128,963 Price per Acre
48,352 Sq Ft Lot

Last Sold April 25, 2012

Last sale price $197,000

Est. 1,100% increase in value since last sale

Current estimated payment $13,421/month

79 Days on Market

Highlights

  • Waterfront
  • Clubhouse
  • Community Pool
  • Woodland Heights Elementary School Rated A-
  • Wooded Lot
  • Recreation Facilities

About This Lot

As of April 2012

Welcome to Chesapeake Pointe! Build your dream home on this waterfront lot. Low taxes & Excellent schools! Just mins. away from I-77, shopping & restaraunts.

Last Agent to Sell the Property

Lisa Cernuto

Mooresville Realty LLC License #201272 Listed on: 02/06/2012

Mooresville Realty LLC

Last Buyer's Agent

Lisa Cernuto

Mooresville Realty LLC License #201272 Listed on: 02/06/2012

Mooresville Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $75 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 4636-01-3813.000

Community Details

Overview

  • Community Association Management Association, Phone Number (704) 565-5009

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.98995
  • Ratio Close Price By Original Li: 0.98995
  • Ratio Current Price By Acre: 177477.48
  • Restrictions: Architectural Review
  • Foundation Details Proposed: Basement, Crawl Space
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 704-565-5009

Utilities

  • Sewer: Septic Tank
  • Water: Community Well

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Recreation Area
  • Association Fee: 900.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Community Association Management
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 101X44X379X85X314X99
  • Lot Features: Waterfront, Lake, Wooded
  • Lot Size Area: 1.110
  • Lot Size Units: Acres
  • Parcel Number: 4636-01-3813.000
  • Zoning Specification: R20
  • Plat Book Slide: 51/15

Tax Info

  • Tax Value: 195000.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Miller Michael G and Miller Virginia S
Bought by
Penchansky Oliver and Penchansky Amy
Current Estimated Value
$2,363,149

Purchase Details

Listed on
Feb 6, 2012
Closed on
Apr 25, 2012
Sold by
Opcnc Llc
Bought by
Miller Michael G and Miller Virginia S
Seller's Agent
Lisa Cernuto
Mooresville Realty LLC
Buyer's Agent
Lisa Cernuto
Mooresville Realty LLC
List Price
$199,000
Sold Price
$197,000
Premium/Discount to List
-$2,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%
Original Mortgage
$147,750
Interest Rate
3.96%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Penchansky Oliver $2,615,000 None Listed On Document
Miller Michael G $197,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Michael G $147,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2012 04/25/12 Sold $197,000 -1.0% --
04/25/2012 04/25/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $199,000 -- --
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 $9,798 $1,650,450 $360,000 $1,290,450
2023 $9,798 $1,650,450 $360,000 $1,290,450
2022 $7,175 $1,133,820 $210,000 $923,820
2021 $7,171 $1,133,820 $210,000 $923,820
2020 $7,171 $1,133,820 $210,000 $923,820
2019 $7,057 $1,133,820 $210,000 $923,820
2018 $5,896 $978,150 $195,000 $783,150
2017 $5,896 $978,150 $195,000 $783,150
2016 $5,896 $978,150 $195,000 $783,150
2015 $5,896 $978,150 $195,000 $783,150
2014 $1,082 $195,000 $195,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2066220

Canopy MLS (Canopy Realtor® Association)

APN: 4636-01-3813.000