NOT LISTED FOR SALE

40 Pinnacle Dr Unit 40 Iron Station, NC 28080

Estimated Value: $121,000

1.21 Acres
$100,000 Price per Acre
52,708 Sq Ft Lot

Last Sold June 08, 2020

Last sale price $57,500

Est. 110% increase in value since last sale

Current estimated payment $785/month

1,013 Days on Market

About This Lot

As of June 2020

Bring your own plan and bring your own builder to build your executive home on this 1 plus acre lot in the hidden gated community of Pinnacle Ridge, Minutes from Denver, North Carolina, Easy access to Charlotte, Hickory, Lincolnton and Lake Norman, 25 minutes to uptown Charlotte, NC and Charlotte Douglas International Airport Your estate is waiting.

Last Agent to Sell the Property

Angela Gribbins

Premier South License #198514 Listed on: 07/03/2017

Premier South

Last Buyer's Agent

Chris Wagner

COMPASS License #229888

COMPASS

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $97 Monthly HOA Fees

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 87966
  • Tax Block 3018

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.76769
  • Ratio Close Price By Original Li: 0.69790
  • Ratio Current Price By Acre: 47520.66
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 7042551266

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Gated Community, Street Lights
  • Association Fee: 290.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Catawba Springs
  • Middle School: East Lincoln
  • High School: East Lincoln

Lot Info

  • Lot Dimension: 262x331x29x377
  • Lot Size Area: 1.210
  • Parcel Number: 87966
  • Zoning: Residential
  • Zoning Specification: R-T
  • Plat Book Slide: 14-412
  • Plat Reference Section Pages: 736

Tax Info

  • Tax Value: 62280.00
  • Tax Block: 3018
  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Juhaish Brandon Ramy and Juhaish Jessica Blair
Bought by
Vasile Joseph and Vasile Denise
Current Estimated Value
$121,000

Purchase Details

Listed on
Jul 3, 2017
Closed on
Jun 5, 2020
Sold by
Morg Enterprises Llc
Bought by
Juhaish Brandon Ramy and Juhaish Jessica Blair
Seller's Agent
Angela Gribbins
Premier South
Buyer's Agent
Chris Wagner
COMPASS
List Price
$74,900
Sold Price
$57,500
Premium/Discount to List
-$17,400
-23.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$86,250
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 28, 2015
Closed on
Jun 15, 2017
Sold by
Pinnacle Ridge Properties Llc
Bought by
Morg Enterprises Llc
Seller's Agent
Susie Johnson
Howard Hanna Allen Tate Huntersville
Buyer's Agent
Angela Gribbins
Premier South
List Price
$79,900
Sold Price
$54,920
Premium/Discount to List
-$24,980
-31.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.57%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Kel Kar Developers Llc
Bought by
Pinnacle Ridge Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Vasile Joseph $300,000 None Listed On Document
Juhaish Brandon Ramy $115,000 None Available
Morg Enterprises Llc $260,000 None Available
Pinnacle Ridge Properties Llc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juhaish Brandon Ramy $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2020 06/08/20 Sold $57,500 -23.2% --
04/11/2020 04/11/20 Pending -- -- --
04/27/2018 04/27/18 For Sale $74,900 -9.1% --
04/13/2018 04/13/18 Pending -- -- --
07/03/2017 07/03/17 For Sale $82,390 +50.0% --
06/28/2017 06/28/17 Sold $54,920 -31.3% -- View Prior Sale
05/20/2017 05/20/17 Pending -- -- --
01/28/2015 01/28/15 For Sale $79,900 -- --
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 $547 $90,355 $90,355 $0
2024 $545 $90,355 $90,355 $0
2023 $545 $90,355 $90,355 $0
2022 $465 $62,717 $62,717 $0
2021 $460 $62,717 $62,717 $0
2020 $448 $62,717 $62,717 $0
2019 $448 $62,717 $62,717 $0
2018 $452 $62,280 $62,280 $0
2017 $452 $62,280 $62,280 $0
2016 $451 $0 $0 $0
2015 $442 $62,280 $62,280 $0
2014 -- $95,859 $95,859 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3297756

Canopy MLS (Canopy Realtor® Association)

APN: 87966