NOT LISTED FOR SALE

262 Preston Rd Unit 157 Mooresville, NC 28117

Estimated Value: $604,000 - $625,608

4 Beds
4 Baths
2,800 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $510,000 $182 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,814/month

10 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Clubhouse
  • Lakeshore Elementary School Rated A-
  • Community Lake
  • Pond

About This Home

As of August 2021

Don't miss out on this hard to find 3 Car Garage ranch with stunning pool in lake front community! Desirable open concept, 4 bedrooms with 4 bathrooms! French doors leading into a generous size flex room. Cozy feel with a smart layout. Beautiful windows cascade across family room letting in lots of light. All season sunroom opens to stunning travertine pool deck with gunite pool & a waterfall! Upgrades Galore! Gourmet kitchen-stainless double ovens, gas cooktop, castled cabinetry, ceramic backsplash, quartz counter. Ceramic tile & granite counters in all bathrooms. Tankless water heater, Smart home tech & security system, deluxe two-piece crown, wainscoting, cased windows, 5" baseboards, surround sound speaker system.... just to name a few! A gem to find!

Last Agent to Sell the Property

Barbara Pereira

Allen Tate Mooresville/Lake Norman License #310878 Listed on: 06/05/2021

Allen Tate Mooresville/Lake Norman

Last Buyer's Agent

Paul Hezar

Armstrong Realty Group License #279735

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 7,841

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Window Treatments
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Pond

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4649-51-1438.000
  • Tax Block 1

Community Details

Overview

  • Henderson Property Management Association, Phone Number (704) 535-1122
  • Built by DR Horton
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98266
  • Ratio Close Price By Original Li: 0.94620
  • Ratio Current Price By Acre: 2833333.33
  • Ratio Current Price By Sq Ft: 182.14
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 805
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Security System, Self Cleaning Oven, Wall Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-535-1122
  • Interior Amenities: Attic Other, Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1995
  • Total Sq Ft: 2800
  • Sq Ft Unheated Main: 233
  • Sq Ft Unheated Total: 233

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Pool-In-Ground

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Natural Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Henderson Property Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Lake Access, Level
  • Lot Size Area: 0.180
  • Parcel Number: 4649-51-1438.000
  • Plat Book Slide: 71
  • Zoning Specification: R3

Building Info

  • Builder Name: DR Horton

Tax Info

  • Tax Value: 403200.00
  • Tax Block: 1
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Aug 27, 2021
Sold by
Gargano Christopher and Gargano Gwenn Cheryl
Bought by
Hezar Payam
Seller's Agent
Barbara Pereira
Allen Tate Mooresville/Lake Norman
Buyer's Agent
Paul Hezar
Armstrong Realty Group
List Price
$539,000
Sold Price
$510,000
Premium/Discount to List
-$29,000
-5.38%
Total Days on Market
10
Current Estimated Value
$610,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,652
Avg. Annual Appreciation
4.62%
Original Mortgage
$484,500
Outstanding Balance
$445,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$159,083

Purchase Details

Listed on
Jan 29, 2020
Closed on
May 22, 2020
Sold by
D R Horton Inc
Bought by
Gargano Christopher and Gargano Gwenn Cheryl
Seller's Agent
Christine Powell
Mattamy Carolina Corporation
Buyer's Agent
Barbara Pereira
Allen Tate Mooresville/Lake Norman
List Price
$378,150
Sold Price
$383,145
Premium/Discount to List
$4,995
1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.26%
Original Mortgage
$128,145
Interest Rate
3.3%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Hezar Payam $510,000 None Available
Gargano Christopher $383,500 Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hezar Payam $484,500
Previous Owner Gargano Christopher $128,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $510,000 -1.7% $182 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/11/2021 06/11/21 Price Changed $519,000 -3.7% $185 / Sq Ft
06/05/2021 06/05/21 For Sale $539,000 +40.7% $193 / Sq Ft
05/22/2020 05/22/20 Sold $383,145 0.0% $141 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
02/29/2020 02/29/20 Price Changed $383,150 +1.3% $141 / Sq Ft
02/28/2020 02/28/20 Price Changed $378,150 0.0% $140 / Sq Ft
02/28/2020 02/28/20 For Sale $378,150 +1.7% $140 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $371,850 -- $137 / 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 $6,120 $601,430 $75,000 $526,430
2023 $6,120 $601,430 $75,000 $526,430
2022 $4,686 $403,200 $62,000 $341,200
2021 $4,562 $403,200 $62,000 $341,200
2020 $693 $62,000 $62,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3748025

Canopy MLS (Canopy Realtor® Association)

APN: 4649-51-1438.000