NOT LISTED FOR SALE

3605 Andover Place Terrell, NC 28682

Estimated Value: $1,731,000 - $1,947,000

4 Beds
3.5 Baths
4,717 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $1,400,000 $297 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,651/month

2 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Wood Flooring
  • Sherrills Ford Elementary School Rated A-
  • Open Floorplan
  • Whirlpool Bathtub

About This Home

As of June 2021

AMAZING opportunity to own this stunning 2 story basement home with a private sandy beach and double decker dock in a secluded gated community on Lake Norman!! Truly and entertainer's dream with multiple outdoor living areas and a view from nearly every room in the home! An abundance of natural light flows throughout this bright and airy open floor plan featuring a spacious chef's kitchen, sunroom, breakfast area, formal dining room and large living room complete with stacked stone fireplace and built ins. Master retreat features a spa style bathroom, fireplace, huge walk-in closet and sitting room leading to your private balcony. As if there wasn't enough room for entertaining already, there is a full walk-out basement featuring a bar/kitchen, living room, theatre room and private guest bedroom and bathroom. Laundry room on each level for added convenience. This beautiful Lake Norman retreat truly has it all!

Last Agent to Sell the Property

Josh Dearing

SERHANT License #289009 Listed on: 04/30/2021

SERHANT

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.57

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Bonus Room with Fireplace
  • Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Additional Features

  • Fire Pit
  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4617129634060000

Community Details

Overview

  • Built by Monogram Homes

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01818
  • Ratio Close Price By Original Li: 1.01818
  • Ratio Current Price By Acre: 2456140.35
  • Ratio Current Price By Sq Ft: 296.80
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished
  • Upper Level Sq Ft: 1667
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Exhaust Hood, Gas Range, Ice Maker Connection, Microwave, Propane
  • Fireplace Description: Bonus Room, Great Room, Primary Bedroom, Propane
  • Fireplace: Yes
  • Fixture Exception Description: boat lift
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk-in, Breakfast Bar, Built-Ins, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Whirlpool
  • Laundry Location: Main, Upper, Basement, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 1525
  • Main Level Sq Ft: 1525
  • Total Sq Ft: 4717
  • Sq Ft Unheated Basement: 182
  • Sq Ft Unheated Total: 182

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 3 Car, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Fee: 600.00
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Waterfront
  • Lot Size Area: 0.570
  • Parcel Number: 4617129634060000
  • Zoning Specification: R-30

Building Info

  • Builder Name: Monogram Homes

Tax Info

  • Tax Value: 893400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 2, 2021
Sold by
Baney Pete and Baney Jennifer
Bought by
Lawson Brent John and Lawson Autumn Nicole
Seller's Agent
Josh Dearing
SERHANT
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,375,000
Sold Price
$1,400,000
Premium/Discount to List
$25,000
1.82%
Current Estimated Value
$1,831,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,981
Avg. Annual Appreciation
7.70%
Original Mortgage
$1,120,000
Outstanding Balance
$1,020,622
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$896,702

Purchase Details

Closed on
Mar 27, 2009
Sold by
Davis Jeffrey L and Davis Patricia A
Bought by
Baney Pete and Baney Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,800
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Monogram Homes Inc
Bought by
Davis Jeffrey L and Davis Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2007
Sold by
Monogram Homes Inc
Bought by
Monogram Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.08%
Mortgage Type
Construction
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
Lawson Brent John $1,400,000 None Available
Lawson Brent John $1,400,000 Southern Homes Title
Baney Pete $1,081,000 None Available
Davis Jeffrey L $1,090,000 None Available
Monogram Homes Inc $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawson Brent John $1,120,000
Closed Lawson Brent John $1,120,000
Previous Owner Baney Peter $200,000
Previous Owner Bancy Peter $639,000
Previous Owner Baney Peter $52,400
Previous Owner Baney Pete $720,000
Previous Owner Baney Pete $800,000
Previous Owner Baney Pete $870,000
Previous Owner Baney Pete $864,800
Previous Owner Davis Jeffrey L $926,500
Previous Owner Monogram Homes Inc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $1,400,000 +1.8% $297 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $1,375,000 -- $291 / 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 $7,430 $1,508,700 $346,400 $1,162,300
2024 $7,430 $1,508,700 $346,400 $1,162,300
2023 $7,279 $927,200 $244,500 $682,700
2022 $6,537 $927,200 $244,500 $682,700
2021 $6,298 $893,400 $244,500 $648,900
2020 $6,298 $893,400 $244,500 $648,900
2019 $6,298 $893,400 $0 $0
2018 $5,744 $838,600 $244,500 $594,100
2017 $5,740 $0 $0 $0
2016 $5,740 $0 $0 $0
2015 $4,804 $838,010 $244,500 $593,510
2014 $4,804 $800,700 $277,100 $523,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3731853

Canopy MLS (Canopy Realtor® Association)

APN: 4617129634060000