NOT LISTED FOR SALE

Estimated Value: $1,382,000 - $1,872,246

3 Beds
3 Baths
2,207 Sq Ft
$715/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $850,000 $385 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,004/month

22 Days on Market

Highlights

  • Pier
  • Boat Lift
  • Waterfront
  • Lake Norman Elementary School Rated A-
  • Spa
  • Open Floorplan

About This Home

As of August 2018

Beautifully Maintained 3100+ Square Foot Lake Norman WATERFRONT Home with Private Guest Suite Above Garage! Rebuilt in 2002 this 3 BR, 3 BA Home has One Level of Living in Main House with 2 BR, 2 BA & 1 Office/Study, Master on Main w/Spa Like Bath, Walk In Closet, Large Great Room w/Built-ins & Stone Fireplace, Vaulted Ceilings, Exposed Beams, Skylights, Open Kitchen w/Granite Counters,SS Appliances, Dining Area and All Weather Sun Room Overlooking Desirable Lake Norman. (YES! All One Level!) Second Living Quarters above Detached 3 Car Garage with 1 BR, 1 Study/Office, 1 BA, Living Room w/Wet Bar. Lovely Outdoor Lakefront Living with Large Pier with Covered "Man Cave"/Entertaining Area and Boat Slip with Lift! This Waterfront Oasis set on Lush Grounds with In-Ground Irrigation, Hot tub off Deck and Fire Pit! Desirable Iredell County Taxes and No HOA! .

Last Agent to Sell the Property

Megan Lynch

Lake Norman Realty, Inc. Brokerage Email: meganl@lakenormanrealty.com License #289640 Listed on: 06/04/2018

Lake Norman Realty, Inc.

Last Buyer's Agent

Marlo Mikeal

Lake Norman Realty, Inc. License #198963

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,494

Year Built

  • Built in 1986

Lot Details

  • 0.52 Acre Lot
  • Waterfront
  • Irrigation
  • Property is zoned R20

Parking

  • 3 Car Detached Garage
  • Driveway
  • 1 Open Parking Space

Home Design

  • Transitional Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2,207 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Spa
  • Pier
  • Boat Lift
  • Deck
  • Fire Pit
  • Shed
  • Enclosed Glass Porch

Schools

  • Lake Norman High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4646-16-2005.000

Community Details

Overview

  • No Home Owners Association
  • Lakeshore Estates Subdivision

Recreation

  • Community Spa

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,494

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1986
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Upper Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 267.38
  • Attribution Contact: meganl@lakenormanrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2207
  • 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
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2207
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Fire Pit, Gas Vented, Great Room
  • Living Area: 2207
  • Window Features: Skylight(s)
  • Bedroom Main: 2
  • Room Count: 17

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Boat Slip, Dock, Lake, Pier
  • Construction Type: Cedar Shake, Hardboard Siding, Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Glass Enclosed

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage, Garage Faces Side, Keypad Entry, Parking Space(s)

Utilities

  • Heating: Central, Electric, Forced Air
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Hot Tub
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Waterfront
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 4646-16-2005.000
  • Plat Book Slide: 7/28
  • Lot Size Acres: 0.52
  • Lot Size Sq Ft: 22651
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R20

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Aug 17, 2018
Sold by
Tully Andrew G and Tully Andrew G
Bought by
Swartz David B and Swartz Rebecca D
Seller's Agent
Megan Lynch
Lake Norman Realty, Inc.
Buyer's Agent
Marlo Mikeal
Lake Norman Realty, Inc.
List Price
$869,900
Sold Price
$850,000
Premium/Discount to List
-$19,900
-2.29%
Total Days on Market
22
Current Estimated Value
$1,578,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,812
Avg. Annual Appreciation
9.29%
Original Mortgage
$400,000
Outstanding Balance
$352,377
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,204,029

Purchase Details

Closed on
Oct 6, 2015
Sold by
Tully Andrew and Tully Greta
Bought by
Tully Andrew G and Andrew G Tully 2005 Revocable Trust

Purchase Details

Closed on
Jan 24, 2014
Sold by
Holt Theodore W and Holt Lesley L
Bought by
Tully Andrew and Tully Greta

Purchase Details

Closed on
Jun 15, 2006
Sold by
Garrison George L and Garrison Mary Beth
Bought by
Holt Theodore W and Holt Lesley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 20, 1999
Sold by
Greene Donald A and Greene Alma H
Bought by
Garrison George L and Garrison Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.91%

Purchase Details

Closed on
Nov 1, 1983

Purchase Details

Closed on
Jun 1, 1982

Purchase Details

Closed on
Jun 1, 1976
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
Swartz David B $850,000 North Carolina Title Center
Tully Andrew G -- None Available
Tully Andrew $722,000 None Available
Holt Theodore W $825,000 None Available
Garrison George L -- --
-- $40,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swartz David B $220,000
Open Swartz David B $400,000
Previous Owner Holt Theodore W $618,750
Previous Owner Garrison George L $100,000
Previous Owner Garrison George L $276,000
Previous Owner Garrison Mary Beth $100,000
Previous Owner Garrison George L $50,000
Previous Owner Garrison George L $177,000
Previous Owner Garrison George L $175,000
Previous Owner Garrison George L $170,000
Previous Owner Garrison George L $120,000
Previous Owner Garrison George L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $850,000 -2.3% $385 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $869,900 -- $394 / 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 $7,494 $1,305,010 $550,000 $755,010
2023 $7,494 $1,305,010 $550,000 $755,010
2022 $5,108 $849,510 $350,000 $499,510
2021 $5,104 $849,510 $350,000 $499,510
2020 $5,074 $844,670 $350,000 $494,670
2019 $4,774 $808,980 $350,000 $458,980
2018 $4,261 $704,500 $350,000 $354,500
2017 $4,261 $704,500 $350,000 $354,500
2016 $4,261 $704,500 $350,000 $354,500
2015 $4,261 $704,500 $350,000 $354,500
2014 $4,059 $721,910 $350,000 $371,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3394351

Canopy MLS (Canopy Realtor® Association)

APN: 4646-16-2005.000