Seller's Agent in 2022
Ken Ledbetter
Lake Realty
(251) 214-7909
14 in this area
96 Total Sales
3587 Andover Place Terrell, NC 28682
Estimated Value: $1,710,000 - $1,915,000
4
Beds
3
Baths
4,213
Sq Ft
$435/Sq Ft
Est. Value
Highlights
- Covered Dock
- Pier
- Open Floorplan
- Sherrills Ford Elementary School Rated A-
- Boat Slip
- Deck
About This Home
As of November 2022Enjoy lake front living in this beautiful waterfront home on Lake Norman. The home is on a .92 acre . flat lot with deep water and a great view. Hop on your boat with a partially covered boat dock. The home features over 4200 sf of heated living area with a spacious 3 car garage. This custom-built home includes features like coffered ceilings and bullnosed edged walls. Home features 4 bedrooms, 3 full bathrooms, and 2 laundry rooms with a large mud room/drop zone. The primary suite has its own private balcony overlooking the lake, also large custom closet and beautiful bathroom with large walk-in shower. The large custom kitchen overlooks the lake. Property also has an inground irrigation system, long private driveway, and nice landscaping including fruit trees. Dock has fresh water and electricity. Gated subdivision is the extra bonus. Professional photos will be done 9/1/22. Airbnb Friendly No restrictions.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,875
Year Built
- Built in 2006
Lot Details
- Private Lot
- Level Lot
- Open Lot
- Cleared Lot
- Wooded Lot
- Zoning described as R-30
Home Design
- Arts and Crafts Architecture
- Slab Foundation
- Wood Siding
- Stone Siding
- Hardboard
Interior Spaces
- Open Floorplan
- Central Vacuum
- Sound System
- Tray Ceiling
- Ceiling Fan
- Mud Room
- Living Room with Fireplace
- Crawl Space
- Pull Down Stairs to Attic
Kitchen
- Convection Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Garden Bath
Laundry
- Laundry Room
- Electric Dryer Hookup
Parking
- Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Pier
- Waterfront has a Concrete Retaining Wall
- Boat Slip
- Covered Dock
- Balcony
- Deck
- Patio
Schools
- Sherrills Ford Elementary School
- Mill Creek Middle School
- Bandys High School
Utilities
- Central Heating
- Heat Pump System
- Septic Tank
Community Details
- Andover Subdivision
Listing and Financial Details
- Assessor Parcel Number 4617129615270000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2022
Closed on
Nov 14, 2022
Sold by
Fry William R and Fry Tanya T
Bought by
Cogar John
Seller's Agent
Ken Ledbetter
Lake Realty
Buyer's Agent
Michele Plaisance
Southern Homes of the Carolinas, Inc
List Price
$1,690,000
Sold Price
$1,445,000
Premium/Discount to List
-$245,000
-14.5%
Views
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,697
Avg. Annual Appreciation
8.85%
Original Mortgage
$1,083,750
Outstanding Balance
$1,051,050
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$779,647
Purchase Details
Closed on
May 22, 2006
Sold by
Monogram Homes Inc
Bought by
Ingle Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cogar John | $1,445,000 | -- | |
| Ingle Builders Inc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cogar John | $1,083,750 | |
| Previous Owner | Ingle Builders Inc | $720,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/14/2022 11/14/22 | Sold | $1,445,000 | -9.6% | $343 / Sq Ft |
| 09/20/2022 09/20/22 | Price Changed | $1,599,000 | -3.1% | $380 / Sq Ft |
| 09/11/2022 09/11/22 | Price Changed | $1,650,000 | -2.4% | $392 / Sq Ft |
| 08/29/2022 08/29/22 | For Sale | $1,690,000 | -- | $401 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $7,875 | $1,635,900 | $414,500 | $1,221,400 |
| 2024 | $7,875 | $1,599,000 | $414,500 | $1,184,500 |
| 2023 | $7,715 | $968,700 | $292,600 | $676,100 |
| 2022 | $6,829 | $968,700 | $292,600 | $676,100 |
| 2021 | $6,829 | $968,700 | $292,600 | $676,100 |
| 2020 | $6,829 | $968,700 | $292,600 | $676,100 |
| 2019 | $6,829 | $968,700 | $0 | $0 |
| 2018 | $5,957 | $869,700 | $292,600 | $577,100 |
| 2017 | $5,957 | $0 | $0 | $0 |
| 2016 | $5,957 | $0 | $0 | $0 |
| 2015 | $5,461 | $869,740 | $292,600 | $577,140 |
| 2014 | $5,461 | $910,100 | $331,300 | $578,800 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Ledbetter
-
Elaine Ledbetter
E
Seller Co-Listing Agent in 2022
Elaine Ledbetter
Lake Realty
(251) 214-7908
4 in this area
33 Total Sales
-
Michele Plaisance
Buyer's Agent in 2022
Michele Plaisance
Southern Homes of the Carolinas, Inc
(704) 896-2000
1 in this area
42 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3899237
APN: 4617129615270000
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