NOT LISTED FOR SALE

3647 W Bay Dr Sherrills Ford, NC 28673

Estimated Value: $698,000 - $809,000

3 Beds
4.5 Baths
3,379 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $535,000 $158 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,350/month

Highlights

  • Community Lake
  • Wooded Lot
  • Wood Flooring
  • Bandys High School Rated 9+
  • Traditional Architecture
  • Fireplace

About This Home

As of April 2021

Ready for lake life? This immaculate waterfront community home in Bay Pointe checks all the boxes, including a deeded boat slip with lift! Situated on a wooded .47 acre lot, this 3-bed, 4.5 bath retreat has it all. Just beyond the covered front porch, a soaring 2-story great room welcomes you with an abundance of natural light, gleaming hardwood floors, cozy fireplace & wet bar. The balanced floor plan easily flows from room to room and is open for entertaining while also offering areas of privacy when needed. Enjoy views of the wooded backyard from an expansive deck that’s easily accessed from the kitchen, dining area & large owner’s suite. The second level boasts a loft and two oversized guest suites, each enjoying their own walk-in closet & full bathroom. Looking for a home with a walkout basement? This home has it, complete with a media room, full bath, living room, workshop & walk-in storage space. Just minutes from the new 606-acre county park & the new Village at Sherrills Ford!

Last Agent to Sell the Property

Dana Pape

Coldwell Banker Realty License #297962 Listed on: 03/13/2021

Coldwell Banker Realty

Co-Listed By

Chris Pape

Coldwell Banker Realty License #294905

Last Buyer's Agent

Susan Cartner

Centralina Realty INC. License #211288

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • Level Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Wet Bar
  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Fire Pit
  • Cable TV Available

Community Details

  • Bay Pointe HOA
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 369702961667

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.09184
  • Ratio Close Price By Original Li: 1.09184
  • Ratio Current Price By Acre: 1163043.48
  • Ratio Current Price By Sq Ft: 158.33
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Basement Partially Finished
  • Upper Level Sq Ft: 975
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Fireplace Description: Gas Unvented, Great Room, Propane
  • Fireplace: Yes
  • Fixture Exception Description: Decorative boat in patio area does not convey
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Available, Garden Tub, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 972
  • Main Level Sq Ft: 1432
  • Total Sq Ft: 3379
  • Sq Ft Unheated Basement: 501
  • Sq Ft Unheated Total: 501

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Street Lights
  • Association Fee: 884.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bay Pointe HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Balls Creek
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 73x242x111x207
  • Lot Features: Lake Access, Level, Rolling, Trees, Wooded
  • Lot Size Area: 0.460
  • Parcel Number: 369702961667
  • Plat Book Slide: 29-31
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 336400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Mar 24, 2021
Sold by
Forehand Mark A and Forehand Linda Gail
Bought by
Saunders Michael L and Saunders Teresa L
Seller's Agent
Dana Pape
Coldwell Banker Realty
Buyer's Agent
Susan Cartner
Centralina Realty INC.
List Price
$490,000
Sold Price
$535,000
Premium/Discount to List
$45,000
9.18%
Current Estimated Value
$757,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,656
Avg. Annual Appreciation
8.17%
Original Mortgage
$396,800
Outstanding Balance
$359,038
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$397,977

Purchase Details

Closed on
Jul 23, 2014
Sold by
Sheridan Michael E and Sheridan Christine A
Bought by
Forehand Mark A and Forehand Linda Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,301
Interest Rate
4.26%
Mortgage Type
VA

Purchase Details

Closed on
Mar 21, 2006
Sold by
Mccurry Douglas D and Mccurry Kelly T
Bought by
Sheridan Michael E and Sheridan Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2003
Bought by
Simpson Richard F and Simpson Martha C

Purchase Details

Closed on
Oct 4, 2001

Purchase Details

Closed on
Feb 4, 1997

Purchase Details

Closed on
Apr 12, 1991
Source: Public Records

Range of Values:

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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
Saunders Michael L $535,000 None Available
Saunders Michael L $535,000 None Listed On Document
Forehand Mark A $285,000 None Available
Sheridan Michael E $322,500 None Available
Simpson Richard F $60,000 --
-- $18,000 --
-- $58,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Michael L $396,800
Closed Saunders Michael L $396,800
Previous Owner Forehand Mark A $294,301
Previous Owner Sheridan Christine A $362,000
Previous Owner Sheridan Michael E $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $535,000 +9.2% $158 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $490,000 -- $145 / 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 $2,868 $582,300 $51,300 $531,000
2024 $2,868 $582,300 $51,300 $531,000
2023 $2,810 $409,400 $34,200 $375,200
2022 $2,886 $409,400 $34,200 $375,200
2021 $2,372 $336,400 $34,200 $302,200
2020 $2,372 $336,400 $34,200 $302,200
2019 $2,372 $336,400 $0 $0
2018 $2,143 $312,900 $34,800 $278,100
2017 $2,143 $0 $0 $0
2016 $2,143 $0 $0 $0
2015 $2,173 $307,200 $34,800 $272,400
2014 $2,173 $362,100 $33,300 $328,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3703234

Canopy MLS (Canopy Realtor® Association)

APN: 3697029616670000