NOT LISTED FOR SALE

377 Landing Trail Unit 29 Mount Gilead, NC 27306

Estimated Value: $1,190,000 - $1,351,000

0.46 Acre
$2,712,774 Price per Acre
20,038 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $225,000

Est. 455% increase in value since last sale

Current estimated payment $7,121/month

96 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Community Lake

About This Lot

As of December 2019

This view from this lot is spectacular! Lovely newer gated community with HOA dues of only $600 per year! Sewer and county water available. One of the few remaining wonderful lots available on the main channel on Lake Tillery. Great location, convenient to restaurants, golfing, marinas and also close to town! Nearly 150 ft of waterfront!

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #159889 Listed on: 08/30/2019

Last Buyer's Agent

Robin Bennett

Lake Tillery Properties LLC License #298027

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • Waterfront

HOA Fees

  • $50 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 6575-14-43-5231

Community Details

Overview

  • June D. Allen Association, Phone Number (704) 984-6000
  • Community Lake

Security

  • Gated Community

Property Details

Property Type

Land

Year Built

2022

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: 0.91463
  • Ratio Close Price By Original Li: 0.90000
  • Ratio Current Price By Acre: 489130.43
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None
  • Year Built (Public Record): 2022

Interior Features

  • H O A Management Phone: 704-984-6000

Utilities

  • Sewer: City Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Gated Community, Lake
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • HOA Management Company: June D. Allen
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Approx 146 ft waterfront
  • Lot Features: Long Range View, Sloping, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.460
  • Parcel Number: 6575-14-43-5231
  • Zoning Specification: Res
  • Plat Book Slide: F-49B
  • Plat Reference Section Pages: F-49B

Tax Info

  • Tax Value: 262800.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Dec 26, 2019
Sold by
Dunn Michael K and Green April M
Bought by
Kendrick Timothy Lyle and Kendrick Catherine Gregory
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Robin Bennett
Lake Tillery Properties LLC
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Total Days on Market
96
Current Estimated Value
$1,247,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,022,876
Avg. Annual Appreciation
36.27%

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 23, 2017
Sold by
Allen June D
Bought by
Dunn Michael K and Green April M
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Mark McRae
McRae Properties
List Price
$240,000
Sold Price
$195,000
Premium/Discount to List
-$45,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
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
Kendrick Timothy Lyle $225,000 None Available
Dunn Michael K $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Readling Alan Wallace $540,679
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $225,000 -8.5% --
12/04/2019 12/04/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $246,000 -1.6% --
08/30/2019 08/30/19 For Sale $250,000 +28.2% --
06/23/2017 06/23/17 Sold $195,000 -18.8% --
05/12/2017 05/12/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $240,000 -- --
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 $5,373 $820,327 $225,400 $594,927
2023 $1,476 $620,495 $225,400 $395,095
2022 $1,476 $225,400 $225,400 $0
2021 $1,476 $225,400 $225,400 $0
2020 $1,476 $225,400 $225,400 $0
2018 $1,734 $262,800 $262,800 $0
2017 $1,734 $262,800 $262,800 $0
2016 $1,734 $262,800 $262,800 $0
2015 $1,603 $262,800 $0 $0
2014 $1,603 $262,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3545627

Canopy MLS (Canopy Realtor® Association)

APN: 6575-14-43-5231