$133,200
SOLD MAR 28, 2018

309 Landing Trail Unit 24 Mount Gilead, NC 27306

0.64 Acre
$208,125 Price per Acre
27,878 Sq Ft Lot

Recently Sold

28% Below List Price

666 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of December 2021

Lot #24 at The Landing is a waterfront lot with approximately .64 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 Agent to Sell the Property

Mark McRae

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

Last Buyer's Agent

Mark McRae

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

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Property is zoned Stores & Offices

HOA Fees

  • $50 Monthly HOA Fees

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6575-14-42-2695

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.80000
  • Ratio Close Price By Original Li: 0.72000
  • Ratio Current Price By Acre: 208125.00
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None

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
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 240 x 100
  • Lot Features: Waterfront, Water view, Lake, Wooded, Year Round View
  • Lot Size Area: 0.640
  • Parcel Number: 6575-14-42-2695
  • Zoning: Stores & Offices
  • Zoning Specification: SFR
  • Wooded Acres: 0.64

Tax Info

  • Tax Value: 220000.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Dec 20, 2021
Sold by
Larsen Martin B and Amick Lindsay M
Bought by
Hester Dale R
Seller's Agent
Phyllis Kimrey
Kimrey Lash Realty
Buyer's Agent
Robert Patterson
Lake Tillery Properties LLC
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%
Current Estimated Value
$1,253,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,302
Avg. Annual Appreciation
-0.96%
Original Mortgage
$850,000
Outstanding Balance
$791,156
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$415,736

Purchase Details

Closed on
May 10, 2019
Sold by
Cam Developments Properties Inc
Bought by
Larsen Martin B and Amick Lindsay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,724
Interest Rate
4%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $1,250,000 None Available
Warranty Deed $561,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 New Conventional
Previous Owner $446,000 New Conventional
Previous Owner $448,724 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $1,250,000 -3.8% $531 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $1,300,000 +876.0% $553 / Sq Ft
03/28/2018 03/28/18 Sold $133,200 -28.0% --
02/13/2018 02/13/18 Pending -- -- --
04/18/2016 04/18/16 For Sale $185,000 -- --
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 $4,673 $674,788 $134,041 $540,747
2023 $4,042 $577,376 $134,041 $443,335
2022 $3,782 $577,376 $134,041 $443,335
2021 $3,782 $577,376 $134,041 $443,335
2020 $3,782 $577,376 $134,041 $443,335
2018 $1,452 $220,000 $220,000 $0
2017 $1,452 $220,000 $220,000 $0
2016 $1,452 $220,000 $220,000 $0
2015 $1,342 $220,000 $0 $0
2014 $1,342 $220,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3169877

Canopy MLS (Canopy Realtor® Association)

APN: 6575-14-42-2695