$383,145
SOLD MAY 22, 2020

262 Preston Rd Unit 157 Mooresville, NC 28117

4 Beds
4 Baths
2,708 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$141 Per Sq Ft

1% Above List Price

77 Days on Market

Highlights

  • Fitness Center
  • Under Construction
  • Community Lake
  • Lakeshore Elementary School Rated A-
  • Open Floorplan
  • Clubhouse

About This Home

As of August 2021

ake Front Community; enjoy a resort feel where you live! Lake Norman access via community Canoe launch, fish and other fun lake activities. Pool & clubhouse, 3+ miles of paved walking trails, playground, pocket parks, bocce ball court. Hard to find 3 Car Garage ranch! Desirable open concept, 4 bedrooms with 4 bathrooms! French doors leading into a generous size flex room. Cozy feel with a smart layout. Nice big flat kitchen island and sizable pantry. Beautiful windows cascade across family room letting in lots of light. Includes a covered back patio! Upgrades Galore! Gourmet kitchen-stainless double ovens, gas cooktop, castled cabinetry, ceramic backsplash and granite. Ceramic tile and granite counters in all bathrooms. Tankless water heater, Smart home tech, deluxe two-piece crown, wainscoting, cased windows, 5" baseboards, tray ceiling....just to name a few! Amazing private view from back yard! A gem to find!

Last Agent to Sell the Property

Christine Powell

Mattamy Carolina Corporation License #286313 Listed on: 01/29/2020

Co-Listed By

Kristin Wing

DR Horton Inc License #223526

Last Buyer's Agent

Barbara Pereira

Allen Tate Mooresville/Lake Norman License #310878

Allen Tate Mooresville/Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4649511438.000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,120

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$63 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.99999
  • Ratio Close Price By Original Li: 1.03038
  • Ratio Current Price By Acre: 2105192.31
  • Ratio Current Price By Sq Ft: 141.49
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 767
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, CO Detector, Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Exhaust Hood, Self Cleaning Oven, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-535-1122
  • Interior Amenities: Breakfast Bar, Cable Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1941
  • Total Sq Ft: 2708

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, 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, Fitness Center, Lake, Outdoor Pool, Playground, 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: Shepherd
  • Middle School: Lakeshore
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 61x130
  • Lot Features: Lake Access, Level, Private, Year Round View
  • Lot Size Area: 0.182
  • Parcel Number: 4649511438.000
  • Plat Book Slide: 71-1
  • Plat Reference Section Pages: 855
  • Zoning Specification: RES

Building Info

  • Builder Name: DR Horton

Tax Info

  • 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%
Current Estimated Value
$621,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,205
Avg. Annual Appreciation
4.78%
Original Mortgage
$484,500
Outstanding Balance
$445,636
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$167,348

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

Similar Homes in Mooresville, NC

  • 170 Atwater Landing Dr, Mooresville, NC 28117

    $417,500

    • 4 Beds
    • 2 Baths
    • 1,773 Sq Ft
    • 170 Atwater Landing Dr
    • Mooresville, NC

    Charming 4-Bedroom Ranch in Sought-After Atwater Landing! Welcome to this beautifully maintained split-bedroom ranch! This spacious 4-bedroom, 2-bath home offers an open layout with wide plank flooring throughout much of the main living areas. The kitchen features a large island, gas range, oversized pantry, and ample cabinetry. The private primary suite, located at the rear of the home, provides

    Craig LePage EXP Realty LLC Mooresville

    Section Image
  • 125 Mills Forest Ln, Mooresville, NC 28117

    $365,000

    • 3 Beds
    • 2 Baths
    • 1,317 Sq Ft
    • 125 Mills Forest Ln
    • Mooresville, NC

    Welcome to Mills Forest in the heart of Lake Norman, Mooresville, NC!This charming ranch home offers the perfect setting to begin your next chapter—whether you're searching for a peaceful family home, a relaxing vacation retreat, or a smart investment opportunity.Nestled on just under 0.75 acres, this move-in-ready 3-bedroom, 2-bath residence blends comfort with convenience. Enjoy the

    Roxanne Kraemer Coldwell Banker Realty

    Section Image
  • 117 Obadiah Ct, Mooresville, NC 28115

    $419,480

    • 4 Beds
    • 2.5 Baths
    • 2,631 Sq Ft
    • 117 Obadiah Ct
    • Mooresville, NC

    Discover modern comfort in this brand-new, energy-efficient 2-level home featuring 4 bedrooms and 2.5 bathrooms, this thoughtfully designed home offers a versatile open-concept layout with ample space for living, working, and entertaining. The main level boasts a flex space, perfect for a home office, playroom, or additional seating area. The kitchen island overlooks the bright and airy living

    Nicole McAlister Keller Williams Ballantyne Area

    Section Image
  • 125 Fosters Glen Place, Mooresville, NC 28115

    $369,900

    • 4 Beds
    • 2.5 Baths
    • 2,229 Sq Ft
    • 125 Fosters Glen Place
    • Mooresville, NC

    Suburban sophistication in this charming 4-bedroom, 2.5-bath home. The beautifully fenced yard creates an oasis for relaxation and entertainment, while the patio is perfect for summer barbecues. An accommodating garage meets modern living needs. The property offers a harmonious blend of comfort, convenience, and style. Unique touches throughout the home add to its homely appeal. Enjoy everyday

    Sheila St Germain EXP Realty LLC Ballantyne

    Section Image
  • 321 Cook St, Mooresville, NC 28115

    $435,000

    • 4 Beds
    • 3 Baths
    • 1,192 Sq Ft
    • 321 Cook St
    • Mooresville, NC

    Beautifully remodeled single-level home with a detached 2-story office/workshop offering incredible flexibility. The main house features durable LVP flooring, neutral paint, and a newer HVAC system. You'll love the stylish kitchen with its center island and stainless steel appliances. The cozy living room with an electric fireplace is perfect for enjoying your morning coffee or unwinding at the

    Jennifer Hazlett Allen Tate Lake Norman

    Section Image
  • 118 Glade Valley Ave, Mooresville, NC 28117

    $459,900

    • 4 Beds
    • 2.5 Baths
    • 2,965 Sq Ft
    • 118 Glade Valley Ave
    • Mooresville, NC

    ***PRICE IMPROVEMENT!*** Welcome to 4-bedroom, 2.5-bath home located in the Waterlynn neighborhood of Mooresville. This community offers amenities such as a pool, playground, and clubhouse, providing a great living experience. Conveniently situated just off I-77, it allows for an easy commute to Charlotte. Upon entering, you'll be greeted by an inviting living room that flows effortlessly into a

    Sheila St Germain EXP Realty LLC Ballantyne

    Section Image
  • 110 Lantern Acres Dr, Mooresville, NC 28115

    $465,000

    • 4 Beds
    • 3.5 Baths
    • 2,434 Sq Ft
    • 110 Lantern Acres Dr
    • Mooresville, NC

    Welcome to This stunning HOME in sought-after Briargate. MOVE-IN Ready! The inviting front porch w rocking chairs sets the stage for charm. Inside, soaring ceilings & abundant natural light create a bright, airy feel. The chef’s kitchen boasts stainless steel appliances, a gas range, granite countertops, a pantry, & a spacious island—perfect for entertaining. The open floor plan flows seamlessly

    Mark Weinberg Real Broker, LLC

    Section Image
  • 170 Woodcrest Rd, Mooresville, NC 28115

    $399,900

    • 4 Beds
    • 3 Baths
    • 1,978 Sq Ft
    • 170 Woodcrest Rd
    • Mooresville, NC

    This delightful space has been refreshed with painted kitchen cabinets that brighten the room. The brand-new butcher block countertop is perfect for all your meal prep needs and adds storage space beneath. You’ll love the installed coffee station designed for your morning rituals and coffee breaks. This cozy split-level home in the Mooresville Graded School district offers both comfort and

    Jennifer Hazlett Allen Tate Lake Norman

    Section Image
  • 136 Gable Rd, Mooresville, NC 28115

    $395,000

    • 4 Beds
    • 3 Baths
    • 1,880 Sq Ft
    • 136 Gable Rd
    • Mooresville, NC

    Welcome to this peaceful ranch home situated on just under half an acre, offering the perfect blend of comfort, space, and outdoor enjoyment. This inviting property features four generously sized bedrooms and three full bathrooms, providing ample room for family and guests alike. Step outside to your own private retreat—a fully fenced backyard complete with a sparkling in-ground swimming pool,

    Jules King NextHome Choice Realty

    Section Image

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 Type Sale Price Title Company
Warranty Deed $510,000 None Available
Special Warranty Deed $383,500 Dhi Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $484,500 New Conventional
Previous Owner $128,145 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3578573

Canopy MLS (Canopy Realtor® Association)

APN: 4649-51-1438.000