NOT LISTED FOR SALE

Estimated Value: $130,000 - $373,000

0.48 Acre
$456,190 Price per Acre
20,909 Sq Ft Lot

Last Sold February 01, 2023

Last sale price $95,000

Est. 130% increase in value since last sale

Current estimated payment $1,267/month

26 Days on Market

About This Lot

As of February 2023

Gently sloping H20front lot in one of the fastest growing areas on Lake Norman! Cove lot with shallow water and a serene view. Convenient to local restaurants and shopping. The lot is mostly cleared, with an area of majestic, mature hardwoods. There is an existing well and septic for a 2 BR home on the property with no known issues however they have not been operational for several years due to moving the previous mobile home. Environmentally protected area, no pier allowed per previous conversation with Lake Management, in process of currently verifying. Cove overlooks the rapid growth of the Village at Sherrills Ford.

Last Listed By

Michael Morgan

RE/MAX Executive License #219912 Listed on: 01/06/2023

RE/MAX Executive

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $497

Year Built

  • 1900

Lot Details

  • Waterfront
  • Cleared Lot
  • Possible uses of the property include Residential
  • Zoning described as R-30

Basement

  • Crawl Space

Schools

  • Sherrills Ford Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Septic Equal To The Number Of Bedrooms: 2
  • Septic Tank

Community Details

  • Thad Gabriel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4617130287570000

Property Details

Property Type

Land

Est. Annual Taxes

$497

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 197916.67
  • Restrictions: No Representation
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Terrell
  • Water Body Name: Lake Norman
  • Waterfront Features: None

Utilities

  • Sewer: Septic Installed
  • Bedrooms Septic: 2
  • Water Source: Well

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Waterfront
  • Lot Size Area: 0.48
  • Lot Size Units: Acres
  • Parcel Number: 4617130287570000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Lot Size: 101WFx206x208x100
  • Zoning Description: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 0.93190

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Bandys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Jan 31, 2023
Sold by
Hitchcock Robin
Bought by
Raborn Walter C and Raborn Annie H
Seller's Agent
Michael Morgan
RE/MAX Executive
Buyer's Agent
Libby Offnick
RE/MAX Executive
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Total Days on Market
26
Views
11
Current Estimated Value
$218,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,971
Avg. Annual Appreciation
43.32%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Smith Powell Lee
Bought by
Miller Lukas James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,282
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 2005
Sold by
Caddell Laura Ann
Bought by
Smith Powell Lee

Purchase Details

Closed on
Aug 1, 1985

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
Raborn Walter C $95,000 --
Miller Lukas James $184,203 None Available
Smith Powell Lee $156,000 None Available
-- $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Lukas James $166,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $95,000 -4.9% --
01/06/2023 01/06/23 For Sale $99,900 -- --
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
2024 $497 $101,000 $101,000 $0
2023 $634 $107,400 $107,400 $0
2022 $757 $107,400 $107,400 $0
2021 $757 $107,400 $107,400 $0
2020 $757 $107,400 $107,400 $0
2019 $757 $107,400 $0 $0
2018 $734 $107,200 $107,200 $0
2017 $734 $0 $0 $0
2016 $734 $0 $0 $0
2015 $662 $107,200 $107,200 $0
2014 $662 $110,400 $110,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3933167

Canopy MLS (Canopy Realtor® Association)

APN: 4617130287570000