NOT LISTED FOR SALE

4281 Stormy Pointe Ct Unit 203 Denver, NC 28037

Estimated Value: $1,258,000 - $1,776,000

0.54 Acre
$3,007,363 Price per Acre
23,522 Sq Ft Lot

Last Sold March 05, 2018

Last sale price $225,000

Est. 622% increase in value since last sale

Current estimated payment $9,340/month

45 Days on Market

Highlights

  • Access To Lake
  • Waterfront
  • Clubhouse
  • Rock Springs Elementary School Rated A
  • Community Lake
  • Wooded Lot

About This Lot

As of March 2018

Waterfront lot with private dock and slip on Lake Norman! Rare opportunity to build in an established community. 124 feet of water frontage. Year round water and views. This lot is perfect for a basement home. You can build your dream home with a crescent builder or get your builder approved. There is no time restraint on when to build. This is a fantastic community with year round events going on. Community has club house, Jr. Olympic size swimming pool, tennis & volleyball courts, playgrounds.

Last Agent to Sell the Property

Summer Robinson Tabor

Lake Norman Realty, Inc License #193784 Listed on: 11/07/2017

Lake Norman Realty, Inc

Co-Listed By

Lance Armstrong

Lake Norman Realty, Inc License #189378

Last Buyer's Agent

Chad Hetherman

EXP Realty LLC Mooresville License #286722

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot
  • Property is zoned Residential Lot

HOA Fees

  • $63 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 76681
  • Tax Block 664

Community Details

Overview

  • Kuester Association, Phone Number (704) 894-9052
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91837
  • Ratio Close Price By Original Li: 0.91837
  • Ratio Current Price By Acre: 416666.67
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 704-894-9052

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Community Sewer
  • Water: Community Well

Condo/Co-op/Association

  • Community Features: Club House, Lake, Lake Access, Playground, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 759.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rock Springs
  • Middle School: North Lincoln
  • High School: North Lincoln

Lot Info

  • Lot Dimension: 124wf x 181 x 137 x 182
  • Lot Features: Cul-de-sac Lot, Waterfront, Water view, Lake, Sloping, Steep, Views, Wooded, Year Round View
  • Lot Size Area: 0.540
  • Parcel Number: 76681
  • Zoning: Residential Lot
  • Zoning Specification: R-SF
  • Plat Book Slide: 2451

Tax Info

  • Tax Value: 275123.00
  • Tax Block: 664
  • Tax Location: Denver

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 23, 2018
Sold by
Boggs Jonathan K and Boggs Wendi J
Bought by
Nelson Katherine E and Braun Ryan F
Seller's Agent
Summer Robinson Tabor
Lake Norman Realty, Inc
Buyer's Agent
Chad Hetherman
EXP Realty LLC Mooresville
List Price
$245,000
Sold Price
$225,000
Premium/Discount to List
-$20,000
-8.16%
Current Estimated Value
$1,623,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,398,976
Avg. Annual Appreciation
29.48%
Original Mortgage
$641,400
Outstanding Balance
$543,344
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,080,632

Purchase Details

Closed on
Apr 18, 2014
Sold by
Boik Douglas D and Boik Dianne M
Bought by
Boggs Jonathan K and Boggs Wendi J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2003
Bought by
Boik Douglas D and Boik Dianne M

Purchase Details

Closed on
Aug 31, 2001
Bought by
Saussy Burbank Inc
Source: Public Records

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
Nelson Katherine E $225,000 None Available
Boggs Jonathan K $176,000 None Available
Boik Douglas D $159,900 --
Saussy Burbank Inc $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Katherine E $641,400
Previous Owner Boggs Jonathan K $140,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $225,000 -8.2% --
12/22/2017 12/22/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $245,000 -- --
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 $9,125 $1,485,164 $365,886 $1,119,278
2024 $8,356 $1,365,907 $365,886 $1,000,021
2023 $8,753 $1,431,705 $365,886 $1,065,819
2022 $6,739 $893,951 $275,414 $618,537
2021 $6,677 $893,951 $275,414 $618,537
2020 $6,383 $893,951 $275,414 $618,537
2019 $2,103 $294,508 $275,414 $19,094
2018 $1,997 $275,123 $257,064 $18,059
2017 $1,997 $275,123 $257,064 $18,059
2016 $1,991 $0 $0 $0
2015 $1,905 $0 $0 $0
2014 $2,030 $278,957 $278,957 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3336777

Canopy MLS (Canopy Realtor® Association)

APN: 76681