NOT LISTED FOR SALE

275 Emerald Shores Rd Unit 25/26 Mount Gilead, NC 27306

Estimated Value: $728,000 - $987,000

0.85 Acre
$987,858 Price per Acre
37,026 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $135,000

Est. 522% increase in value since last sale

Current estimated payment $4,657/month

39 Days on Market

About This Lot

As of February 2021

Gorgeous, gently-sloping waterfront lot on Lake Tillery! No HOA! This lot is ready to build! 4 bedroom active septic perk. Lots 25 and 26 were combined to give you plenty of room for your lake house! The owner has already cleared the lot beautifully for you! This would be great for a basement home or even a crawl space if you prefer. This location is perfect for a full-time home or a weekend home. Come enjoy this peaceful cove that is just a quick boat ride away from the local restaurant and marina. Only 55 miles from Charlotte! Lake Tillery is nestled near Morrow Mountain State Park and the Uwharrie National Forest. Come enjoy the outdoors!

Last Agent to Sell the Property

Megan Hinson

Lake Tillery Properties LLC License #265945 Listed on: 11/02/2020

Co-Listed By

Lynn Norman

Lake Tillery Properties LLC License #159889

Last Buyer's Agent

Christy Tietgens

Lake Tillery Properties LLC License #289620

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $2 Monthly HOA Fees

Additional Features

  • Waterfront
  • Crawl Space
  • Septic Needed

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-08-88-5129

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90000
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 158823.53
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Restrictions: Manufactured Home Not Allowed, Modular Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished, Crawl Space

Exterior Features

  • Cleared Acres: 0.85

Utilities

  • Sewer: Septic Needed
  • Water: County Water, Tap Fee Required

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 25.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary

Schools

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

Lot Info

  • Lot Dimension: approx 180 ft waterfront
  • Lot Features: Lake, Lake Access, Views, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.850
  • Parcel Number: 6574-08-88-5129
  • Zoning Specification: R-01
  • Plat Book Slide: G/81B

Tax Info

  • Tax Value: 91135.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Gregory Jordan M and Gregory Thea C
Bought by
Uwharrie-Ottaray Trust
Current Estimated Value
$839,679

Purchase Details

Listed on
Nov 2, 2020
Closed on
Feb 10, 2021
Sold by
Thompson Jessie Carson
Bought by
Gregory Jordan Michael and Gregory Thea Carolyn
Seller's Agent
Megan Hinson
Lake Tillery Properties LLC
Buyer's Agent
Christy Tietgens
Lake Tillery Properties LLC
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.41%

Purchase Details

Closed on
Nov 19, 2020
Sold by
Blue Q Ranch Llc
Bought by
Thompson Jessie Carson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2019
Sold by
A & C Enterprises Inc
Bought by
Thompson Jessie Carson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2012
Bought by
A & C Enterprises Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Uwharrie-Ottaray Trust -- None Listed On Document
Uwharrie-Ottaray Trust -- None Listed On Document
Gregory Jordan Michael $135,000 None Available
Thompson Jessie Carson $100,000 None Available
Thompson Jessie Carson $90,000 None Available
A & C Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Jessie Carson $100,000
Previous Owner Thompson Jessie Carson $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $135,000 -10.0% --
12/11/2020 12/11/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $150,000 -- --
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
2025 $3,017 $464,947 $91,135 $373,812
2024 $3,017 $460,627 $91,135 $369,492
2023 $3,017 $460,627 $91,135 $369,492
2022 $1,439 $220,094 $91,135 $128,959
2021 $597 $91,135 $91,135 $0
2020 $597 $91,135 $91,135 $0
2018 $584 $88,500 $88,500 $0
2017 $584 $88,500 $88,500 $0
2016 $584 $88,500 $88,500 $0
2015 $540 $88,500 $0 $0
2014 $540 $88,464 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3678488

Canopy MLS (Canopy Realtor® Association)

APN: 6574-08-88-5129