NOT LISTED FOR SALE

378 Landing Trail Unit 31 Mount Gilead, NC 27306

Estimated Value: $1,076,186 - $1,363,000

0.46 Acre
$2,543,580 Price per Acre
20,038 Sq Ft Lot

Last Sold May 03, 2018

Last sale price $160,000

Est. 631% increase in value since last sale

Current estimated payment $6,673/month

712 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot

About This Lot

As of May 2018

Lot #31 at The Landing is a waterfront lot with approximately ..46 acres. City sewer tap is in place. County water is available. The lot qualifies for a waterfront lease from Duke Energy for a boathouse / dock. This is a new gated community on Lake Tillery with a minimum restriction of 1200 hsf for homes. Come find your waterfront getaway spot to enjoy the tranquility and beauty of Lake Living at Tillery.

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Last Buyer's Agent

Mark McRae

McRae Properties License #208169 Listed on: 04/18/2016

Property Details

Property Type

  • Land

Year Built

  • 2022

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6575-14-43-7234

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: 0.71111
  • Ratio Close Price By Original Li: 0.71111
  • Ratio Current Price By Acre: 347826.09
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Restrictions Description: Yes
  • Special Features: None
  • Year Built (Public Record): 2022

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: City Sewer
  • Water: Connection Fee Required, County Water

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 600.00
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: 150 x 160
  • Lot Features: Waterfront, Water view, Lake, Wooded, Year Round View
  • Lot Size Area: 0.460
  • Parcel Number: 6575-14-43-7234
  • Zoning: SFR
  • Zoning Specification: SFR
  • Wooded Acres: 0.46

Tax Info

  • Tax Value: 157900.00
  • Tax Location: Montgomery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Capell John H and Capell Donna
Bought by
Readling Alan W and Readling Amy C
Total Days on Market
712
Current Estimated Value
$1,170,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial
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
Readling Alan W $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Readling Alan W $200,000
Closed Readling Alan W $125,000
Open Readling Alan W $548,100
Closed Readling Alan W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $160,000 -28.9% --
03/31/2018 03/31/18 Pending -- -- --
04/18/2016 04/18/16 For Sale $225,000 -- --
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 $4,956 $756,712 $156,710 $600,002
2023 $4,956 $756,712 $156,710 $600,002
2022 $1,026 $156,710 $156,710 $0
2021 $1,026 $156,710 $156,710 $0
2020 $1,026 $156,710 $156,710 $0
2018 $1,042 $157,900 $157,900 $0
2017 $1,042 $157,900 $157,900 $0
2016 $1,042 $157,900 $157,900 $0
2015 $963 $157,900 $0 $0
2014 $963 $157,934 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3170238

Canopy MLS (Canopy Realtor® Association)

APN: 6575-14-43-7234