NOT LISTED FOR SALE

427 S Strand Dr Norwood, NC 28128

Estimated Value: $446,000 - $775,000

3 Beds
2 Baths
1,415 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $415,900 $294 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,611/month

116 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Engineered Wood Flooring
  • Open Floorplan
  • Traditional Architecture
  • Breakfast Bar

About This Home

As of August 2019

The perfect getaway! 3 bedroom, 2 bath waterfront home with so many special features! Beautiful living room with hand laid stone masonry fireplace with gas logs and lovely built-in cabinetry with accent lighting on either side. Custom maple kitchen cabinetry with granite countertops, high-end stainless steel appliances, breakfast bar and pantry. Screened porch overlooking the lake. Both baths and screened porch feature tiled flooring. Very nice 207 sq ft bonus room in the basement, accessible by an outside entrance, with tile flooring and a second fireplace. Wonderful over 100 sq ft workshop in the basement as well. Basement bonus opens up to a nice rock patio just a few steps from the water's edge. Fantastic flat lot with a stellar boathouse with boat cover and storage room.

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #C27592 Listed on: 04/08/2019

Last Buyer's Agent

Megan Hinson

Lake Tillery Properties LLC License #265945

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2 Full Bathrooms
  • Open Floorplan
  • Gas Log Fireplace
  • Window Treatments
  • Crawl Space
  • Pull Down Stairs to Attic
  • Storm Doors
  • Breakfast Bar

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-03-20-2790

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.95675
  • Ratio Close Price By Original Li: 0.95675
  • Ratio Current Price By Acre: 3199230.77
  • Ratio Current Price By Sq Ft: 293.92
  • Special Assessment Description: Duke Energy Waterfront Lease
  • Special Assessment Yn: Yes
  • Year Built: 1950
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Outside Entrance, Brick, Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Dryer, Dishwasher, Electric Dryer Hookup, Gas Range, Microwave, Washer, Propane, Electric Oven
  • Fireplace Description: Gas Logs, Gas Vented, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Refrigerator and 2 jet ski ports do not convey
  • Fixture Exception Yn: Yes
  • Flooring: Prefinished Wood, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Open Floorplan, Pantry, Window Treatments
  • Laundry Location: Main, Kitchen
  • Room Count: 1
  • Sq Ft Additional: 314
  • Main Level Sq Ft: 1415
  • Total Sq Ft: 1415

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater, Propane

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: Approx 50 ft waterfront
  • Lot Features: Level, Long Range View, Water view, Waterfront, Year Round View
  • Lot Size Area: 0.130
  • Parcel Number: 6574-03-20-2790
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 233311.00
  • Tax Location: Norwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Aug 28, 2019
Sold by
Greene Charles D and Greene Ladonna B
Bought by
Baker Larry Newman and Baker Mellanie Eudy
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Megan Hinson
Lake Tillery Properties LLC
List Price
$434,700
Sold Price
$415,900
Premium/Discount to List
-$18,800
-4.32%
Current Estimated Value
$613,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,827
Avg. Annual Appreciation
7.14%
Source: Public Records

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
Baker Larry Newman $416,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Charles D $155,000
Previous Owner Greene Charles D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $415,900 -4.3% $294 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $434,700 -- $307 / 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
2025 $3,521 $395,592 $162,400 $233,192
2024 $3,258 $319,442 $134,400 $185,042
2023 $3,258 $319,442 $134,400 $185,042
2022 $3,194 $319,442 $134,400 $185,042
2021 $3,194 $319,442 $134,400 $185,042
2020 $2,448 $233,311 $128,800 $104,511
2019 $3,272 $233,311 $128,800 $104,511
2018 $2,473 $233,311 $128,800 $104,511
2017 $2,473 $233,311 $128,800 $104,511
2016 $2,327 $219,542 $117,600 $101,942
2015 $3,294 $219,542 $117,600 $101,942
2014 $1,888 $219,542 $117,600 $101,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3493758

Canopy MLS (Canopy Realtor® Association)

APN: 6574-03-20-2790