Seller's Agent in 2025
Lynette Drawdy
Magnolia Real Estate
(813) 326-4757
6 in this area
34 Total Sales
4028 McGee Point Rd Terrell, NC 28682
3
Beds
3
Baths
2,511
Sq Ft
0.51
Acres
Highlights
- Water Views
- Covered Dock
- Deck
- Sherrills Ford Elementary School Rated A-
- Boat Lift
- Traditional Architecture
About This Home
As of October 2025Are you searching for a true “Lake Retreat”....... This is it...!! This cute 2,511 SF Lake Norman home will warm your heart. Tucked away in Terrell, NC you can make this your primary residence, you can use it as a 2nd home, or you can make it an investment property - because this home is being sold fully furnished, including pool table, all appliances, kitchen dishes and accessories. Current owners are from out of state and have used this home for last 6 years as 2nd home to relax and unwind with family and friends. And prior to 2019 this home was used as successful VRBO. Home boast a functional kitchen with an island for gathering, granite counter tops, stainless steel appliances (new refrigerator and dishwasher), wood flooring throughout most of home, wrap around porch, and don’t forget the glass sunroom that you can enjoy both in the winter and the summer (heated/cooled) to capture the waterfront views all year and see all the fun that is happening. Main floor has 2 bedrooms and 2 full baths. And the basement has large bedroom with a spa-like full bath, basement also has a flex room that you can use for workout space, bunkbeds, or office. Basement also has large gathering room that is perfect for entertaining and playing games. After games inside - are you ready for a boat ride, then walk down the flat gradual sloped lot, onto the large dock with two boat slips (one covered), and two boat lifts, and there is even a personal watercraft float. (Dock is Permitted) Deep Quiet cove is minutes to open water. And if you have a motorhome - this amazing property also comes with your very own RV concrete pad that has electrical ran to the RV pad located on this lot (the possibilities are endless). New roof 2020 and new hot water heater 2022 this home has been well loved and maintained. And did I mention location, location, location - this property is tucked away from the hustle and bustle, yet just a short drive to shopping, dinning, or a cup of coffee, and so much more. Memories will be made here for a lifetime to come - it’s cozy and comfortable - come see it for yourself.
Last Agent to Sell the Property
Magnolia Real Estate Brokerage Email: lynettedrawdy@magnolialkn.com License #280931 Listed on: 08/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,157
Year Built
- Built in 1983
Lot Details
- Property is zoned R-30
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Living Room with Fireplace
- Water Views
- Finished Basement
- Walk-Out Basement
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Full Bathrooms
Parking
- Circular Driveway
- Shared Driveway
- 4 Open Parking Spaces
Outdoor Features
- Boat Lift
- Covered Dock
- Deck
- Wrap Around Porch
Utilities
- Central Air
- Heat Pump System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4617033220560000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2025
Closed on
Oct 2, 2025
Sold by
Shera Properties Llc
Bought by
Rotert Zachary and Hower Sandra
Seller's Agent
Lynette Drawdy
Magnolia Real Estate
Buyer's Agent
Tiffany Blake
Stephen Cooley Real Estate
List Price
$829,900
Sold Price
$845,000
Premium/Discount to List
$15,100
1.82%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
196.79%
Original Mortgage
$802,750
Outstanding Balance
$802,750
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$79,831
Purchase Details
Listed on
Jul 18, 2018
Closed on
Mar 4, 2019
Sold by
Sky Blue Properties Llc
Bought by
Shera Properties Llc
Seller's Agent
Patti Betts
EXP Realty LLC Mooresville
Buyer's Agent
Nancy Hucks
Lake Norman Realty, Inc
List Price
$575,000
Sold Price
$529,000
Premium/Discount to List
-$46,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Purchase Details
Closed on
Mar 6, 2014
Sold by
Young Russell Todd and Young Rebecca G
Bought by
Sky Blue Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,345,000
Interest Rate
4.43%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 23, 2006
Sold by
Sherrill Kelly K and Sherrill Franklyn R
Bought by
Young Russell Todd and Young Rebecca G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.08%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 3, 1985
Bought by
Williams Judy H
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $529,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $390,000 | None Available | |
| Deed | $110,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,345,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $39,000 | Credit Line Revolving | |
| Previous Owner | $312,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $845,000 | +1.8% | $337 / Sq Ft | |
| 08/29/2025 08/29/25 | For Sale | $829,900 | +56.9% | $331 / Sq Ft | |
| 03/04/2019 03/04/19 | Sold | $529,000 | -1.9% | $211 / Sq Ft | View Prior Sale |
| 02/02/2019 02/02/19 | Pending | -- | -- | -- | |
| 12/08/2018 12/08/18 | Price Changed | $539,000 | -2.0% | $215 / Sq Ft | |
| 08/16/2018 08/16/18 | Price Changed | $550,000 | -4.3% | $219 / Sq Ft | |
| 07/18/2018 07/18/18 | For Sale | $575,000 | -- | $229 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $3,157 | $641,000 | $228,000 | $413,000 |
| 2024 | $3,157 | $641,000 | $228,000 | $413,000 |
| 2023 | $3,093 | $433,200 | $171,000 | $262,200 |
| 2022 | $3,054 | $433,200 | $171,000 | $262,200 |
| 2021 | $3,054 | $433,200 | $171,000 | $262,200 |
| 2020 | $3,054 | $433,200 | $171,000 | $262,200 |
| 2019 | $2,834 | $402,000 | $0 | $0 |
| 2018 | $2,635 | $384,600 | $171,000 | $213,600 |
| 2017 | $2,635 | $0 | $0 | $0 |
| 2016 | $2,635 | $0 | $0 | $0 |
| 2015 | $2,448 | $384,620 | $171,000 | $213,620 |
| 2014 | $2,448 | $408,000 | $169,000 | $239,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lynette Drawdy
-
Tiffany Blake
Buyer's Agent in 2025
Tiffany Blake
Stephen Cooley Real Estate
(704) 499-9099
1 in this area
56 Total Sales
-
P
Seller's Agent in 2019
Patti Betts
EXP Realty LLC Mooresville
-
Nancy Hucks
Buyer's Agent in 2019
Nancy Hucks
Lake Norman Realty, Inc
(704) 655-2600
1 in this area
72 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4296926
APN: 4617033220560000
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