NOT LISTED FOR SALE

3545 Melica Dr Unit 5 Terrell, NC 28682

Estimated Value: $997,214 - $1,207,000

4 Beds
3 Baths
3,422 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $550,000 $161 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,736/month

1 Day on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Gated Community
  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Community Lake
  • Vaulted Ceiling

About This Home

As of August 2018

Beautiful Custom home in gated community with leased boatslip. Enjoy Lake Norman this summer. This home has all the bells and whistles. Bright, open floorplan. Spacious MasterSuite on the Main. 2 Secondary Bedrooms on Main. Upstairs features Loft, 4th Bedroom and a large Bonus Room. Still time to choose exterior and interior colors. Home is close to the Village at Sherrills Ford Shoppes

Last Agent to Sell the Property

Cherie Loftin

Howard Hanna Allen Tate Mooresville/LKN License #249987 Listed on: 04/09/2018

Howard Hanna Allen Tate Mooresville/LKN

Last Buyer's Agent

Monica Besecker

Keller Williams Unified License #260162

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Wooded Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 461708875544.000

Community Details

Overview

  • Hidden Harbor HOA
  • Built by IQ Custom Construction, LLC
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$63 per month

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 785714.29
  • Ratio Current Price By Sq Ft: 160.72
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1187
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Exhaust Fan, Microwave, Exhaust Hood
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2235
  • Total Sq Ft: 3422
  • Sq Ft Unheated Main: 535
  • Sq Ft Unheated Total: 535

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 4+ Car, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community, Lake
  • Association Fee: 750.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Hidden Harbor HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Wooded
  • Parcel Number: 461708875544.000
  • Zoning Specification: R-30

Building Info

  • Builder Name: IQ Custom Construction, LLC

Tax Info

  • Tax Value: 69400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2018
Closed on
Aug 8, 2018
Sold by
Trails End Real Estat Llc
Bought by
Hosack Jeffrey W and Hosack Lory O
Seller's Agent
Cherie Loftin
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Monica Besecker
Keller Williams Unified
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,016,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,763
Avg. Annual Appreciation
9.91%
Original Mortgage
$275,000
Outstanding Balance
$167,870
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$941,184

Purchase Details

Closed on
Nov 13, 2017
Sold by
Redhead Land & Develoments Llc
Bought by
Trails End Real Estate Llc

Purchase Details

Closed on
Mar 29, 2011
Sold by
Hidden Harbour Llc
Bought by
X Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hosack Jeffrey W $550,000 None Available
Trails End Real Estate Llc $75,000 None Available
X Holdings Llc $925,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hosack Jeffrey W $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $550,000 0.0% $161 / Sq Ft
04/10/2018 04/10/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $550,000 -- $161 / 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
2025 $4,334 $880,100 $90,600 $789,500
2024 $4,334 $880,100 $90,600 $789,500
2023 $4,111 $537,700 $69,300 $468,400
2022 $3,791 $537,700 $69,300 $468,400
2021 $3,791 $537,700 $69,300 $468,400
2020 $3,791 $537,700 $69,300 $468,400
2019 $3,791 $537,700 $0 $0
2018 $475 $69,400 $69,400 $0
2017 $475 $0 $0 $0
2016 $475 $0 $0 $0
2015 $453 $69,400 $69,400 $0
2014 $453 $75,500 $75,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3378495

Canopy MLS (Canopy Realtor® Association)

APN: 4617088755440000