NOT LISTED FOR SALE

4227 McGee Point Rd Terrell, NC 28682

Lake Norman of Catawba Neighborhood

Estimated Value: $542,241 - $663,000

0.69 Acre
$867,116 Price per Acre
30,056 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $450,000 $292 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,463/month

2 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Level Lot
  • Sherrills Ford Elementary School Rated A-
  • Many Trees

About This Lot

As of September 2021

Beautiful Waterfront Lot with old house that could be a tear down or rehabbed by the right buyer? Property being sold in "AS-IS" condition with buyer to investigate & evaluate as desired. There is an old well & septic on the property, but has not been investigated. As well, no permit for septic could be located by Catawba County due to age. Home is/was a 4 bedroom & 2 full bath. Value is in the land & the water/views. 101' of beautiful shoreline, so buyer obtaining a pier permit should not be an issue based upon this as well as no odd projection lines. Old boat ramp that looks to be in decent shape? Structure appears to sit on about a 40' setback as opposed to current day 50'. Buyer potentials may want to investigate keeping foundation in place to keep current setback if tearing house down. Large hardwoods adorn the waters edge & road side of property. Waterside could be limbed up to open up the views. BUYER BEWARE when walking property. All appointments MUST BE REGISTERED!

Last Listed By

Rebecca Boan

Allen Tate Mooresville/Lake Norman License #210269 Listed on: 08/31/2021

Allen Tate Mooresville/Lake Norman

Property Details

Property Type

  • Land

Year Built

  • 1973

Lot Details

  • Waterfront
  • Level Lot
  • Many Trees

Additional Features

  • Crawl Space
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4617033014230000

Property Details

Property Type

Land

Year Built

1973

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.38462
  • Ratio Close Price By Original Li: 1.38462
  • Ratio Current Price By Acre: 652173.91
  • Habitable Residence Yn: Yes
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Foundation Details: Crawl Space

Exterior Features

  • Construction Type: Site Built

Utilities

  • Sewer: Septic Installed
  • Water: Well Installed

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: 32RFx396x101WFx394
  • Lot Features: Lake Access, Level, Paved Frontage, Trees, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.690
  • Parcel Number: 4617033014230000
  • Zoning Specification: R-30
  • Plat Book Slide: 14/16
  • Plat Reference Section Pages: 14-16

Tax Info

  • Tax Value: 434400.00
  • Tax Location: Terrell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 16, 2021
Sold by
Powell Charles R and Powell Linda T
Bought by
Helou Pascal and Helou Christine N
Seller's Agent
Rebecca Boan
Allen Tate Mooresville/Lake Norman
Buyer's Agent
Stephen Pierce
EXP Realty LLC Mooresville
List Price
$325,000
Sold Price
$450,000
Premium/Discount to List
$125,000
38.46%
Total Days on Market
2
Current Estimated Value
$598,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,310
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Dec 28, 1976
Bought by
Powell Charles Robert and Powell Margie

Range of Values:

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Average Value
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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
Helou Pascal $450,000 Tryon Title
Powell Charles Robert -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $450,000 +38.5% $292 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $325,000 -- $211 / Sq Ft
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 $1,366 $277,400 $277,400 $0
2023 $1,338 $434,400 $231,200 $203,200
2022 $3,063 $434,400 $231,200 $203,200
2021 $3,063 $434,400 $231,200 $203,200
2020 $3,063 $434,400 $231,200 $203,200
2019 $3,063 $434,400 $0 $0
2018 $2,708 $395,400 $231,200 $164,200
2017 $2,708 $0 $0 $0
2016 $2,708 $0 $0 $0
2015 $2,563 $395,380 $231,200 $164,180
2014 $2,563 $427,100 $231,200 $195,900
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Boan

    Seller's Agent in 2021

    Rebecca Boan

    Allen Tate Realtors

    (980) 721-4312

    19 in this area

    141 Total Sales

    Rebecca Boan
    Section Image
  • Stephen Pierce

    Buyer's Agent in 2021

    Stephen Pierce

    EXP Realty LLC Mooresville

    (704) 315-8732

    21 in this area

    97 Total Sales

    Stephen Pierce
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3781372

Canopy MLS (Canopy Realtor® Association)

APN: 4617033014230000

North Carolina Catawba County Terrell 28682 Lake Norman of Catawba

4227 McGee Point Rd, Terrell, NC

Homes for Sale in Terrell, NC

This home is located at 4227 McGee Point Rd, Terrell, NC 28682 since 31 August 2021 and is currently estimated at $598,310, approximately $388 per square foot. This property was built in 1973. 4227 McGee Point Rd is a home located in Catawba County with nearby schools including Bandys High School, Sherrills Ford Elementary School, and Mill Creek Middle School.

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