NOT LISTED FOR SALE

291 Landing Trail Unit 23 Mount Gilead, NC 27306

Estimated Value: $945,843 - $1,140,000

0.48 Acre
$2,136,898 Price per Acre
20,909 Sq Ft Lot

Last Sold September 19, 2017

Last sale price $135,000

Est. 660% increase in value since last sale

Current estimated payment $6,040/month

359 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of September 2017

Lot #23 at The Landing is a waterfront lot with approximately .48 acres. City sewer tap is in place. County water is available. The lot qualifies for a waterfront lease from Duke Energy for a boathouse / dock. This is a new gated community on Lake Tillery with a minimum restriction of 1200 hsf for homes. Come find your waterfront getaway spot to enjoy the tranquility and beauty of Lake Living at Tillery.

Last Listed By

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Property Details

Property Type

  • Land

Year Built

  • 2018

Lot Details

  • Waterfront
  • Wooded Lot

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6575-18-42-1486

Property Details

Property Type

Land

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90909
  • Ratio Close Price By Original Li: 0.81818
  • Ratio Current Price By Acre: 281250.00
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None
  • Year Built (Public Record): 2018

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 600.00
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 200 x 160
  • Lot Features: Waterfront, Water view, Lake, Wooded, Year Round View
  • Lot Size Area: 0.480
  • Parcel Number: 6575-18-42-1486
  • Zoning: SFR
  • Zoning Specification: SFR
  • Wooded Acres: 0.48

Tax Info

  • Tax Value: 218400.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Heffelfinger Curtis Lee and Heffelfinger Jill Irene
Bought by
Hamilton Grant Thomas and Hamilton Melissa Albert
Total Days on Market
359
Current Estimated Value
$1,025,711

Purchase Details

Closed on
Aug 9, 2019
Sold by
Childress Paul T and Childress Brooke Y
Bought by
Heffelfinger Curtis Lee and Heffelfinger Jill Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Allen June D
Bought by
Childress Paul T and Chidress Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 18, 2016
Closed on
Sep 19, 2017
Sold by
Allen June D
Bought by
Childress Paul T and Childress Brooke Y
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Mark McRae
McRae Properties
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.27%

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
Hamilton Grant Thomas $699,000 None Available
Heffelfinger Curtis Lee $625,000 None Available
Childress Paul T $135,000 None Available
Childress Paul T $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heffelfinger Curtis Lee $500,000
Previous Owner Childress Paul T $135,000
Previous Owner Childress Paul Thomas $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2017 09/19/17 Sold $135,000 -18.2% --
04/12/2017 04/12/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $165,000 -- --
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 $3,587 $574,358 $134,400 $439,958
2023 $3,587 $574,358 $134,400 $439,958
2022 $3,762 $574,358 $134,400 $439,958
2021 $3,762 $574,358 $134,400 $439,958
2020 $3,762 $574,358 $134,400 $439,958
2018 $1,441 $218,400 $218,400 $0
2017 $1,441 $218,400 $218,400 $0
2016 $1,441 $218,400 $218,400 $0
2015 $1,332 $218,400 $0 $0
2014 $1,332 $218,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3169874

Canopy MLS (Canopy Realtor® Association)

APN: 6575-18-42-1486