NOT LISTED FOR SALE

Estimated Value: $851,000 - $1,879,008

0.58 Acre
$2,528,883 Price per Acre
25,265 Sq Ft Lot

Last Sold November 21, 2016

Last sale price $260,000 $105 Per Sq Ft

Est. 474% increase in value since last sale

Current estimated payment $9,110/month

252 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Tennis Courts
  • Waterfront
  • Community Pool
  • Trails

About This Lot

As of November 2016

Gorgeous waterfront lot in desireable 'Overlook' with open views of Cove and Main Channel! Waterfront property within 15 mins to Uptown and Airport. Very private stetting on the end of a cul de sac with a deep waterfront and dockable lot. Easy access to Hwy 16 and Hwy 485 to Charlotte and surrounding communities. Easy access to Charlotte, new shopping outlet mall, airport & Hwy 485! BRING OWN BUILDER WITH NO TIME FRAME TO BUILD!

Last Agent to Sell the Property

Hank Costello

Costello Real Estate and Investments LLC License #286410 Listed on: 02/02/2016

Last Buyer's Agent

Katie Lee

Dickens Mitchener & Associates Inc License #155922

Dickens Mitchener & Associates Inc

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

HOA Fees

  • $79 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 023-295-23

Community Details

Overview

  • Braesael Management Association, Phone Number (704) 847-3507

Amenities

  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$79 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.89965
  • Ratio Close Price By Original Li: 0.86957
  • Ratio Current Price By Acre: 448275.86
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-847-3507

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer, Tap Fee Required
  • Water: City Water, Connection Fee Required

Condo/Co-op/Association

  • Community Features: Boat Ramp, Club House, Lake Access, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 950.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesael Management
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: 132x98
  • Lot Features: Cul-de-sac Lot, Waterfront, Water view
  • Lot Size Area: 0.580
  • Parcel Number: 023-295-23
  • Zoning: Residential
  • Zoning Specification: R5

Tax Info

  • Tax Value: 255000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Nov 10, 2016
Sold by
Montgomery Richard L and Montgomery Mary M
Bought by
Dempsey William T and Dempsey Kelly T
Seller's Agent
Hank Costello
Costello Real Estate and Investments LLC
Buyer's Agent
Katie Lee
Dickens Mitchener & Associates Inc
List Price
$299,000
Sold Price
$260,000
Premium/Discount to List
-$39,000
-13.04%
Current Estimated Value
$1,491,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,231,329
Avg. Annual Appreciation
22.18%
Original Mortgage
$195,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2007
Sold by
Weber Lee Henry and Weber Isabelle Diane
Bought by
Montgomery Richard L and Montgomery Mary M

Purchase Details

Closed on
Sep 27, 1999
Sold by
Overlook Properties Inc
Bought by
Curry H Lee and Davis Laura C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
7.89%
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
Dempsey William T $260,000 Investors Title Insurance Co
Montgomery Richard L $350,500 None Available
Curry H Lee $199,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dempsey William T $170,000
Open Dempsey William T $692,000
Closed Dempsey William $700,000
Closed Dempsey William T $195,000
Previous Owner Curry H Lee $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2016 11/21/16 Sold $260,000 -13.0% $105 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $299,000 -- $120 / 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
2023 $10,863 $1,462,000 $227,500 $1,234,500
2022 $10,598 $1,085,200 $297,500 $787,700
2021 $10,587 $1,085,200 $297,500 $787,700
2020 $10,579 $1,085,200 $297,500 $787,700
2019 $10,564 $1,085,200 $297,500 $787,700
2018 $8,371 $255,000 $255,000 $0
2017 $3,301 $255,000 $255,000 $0
2016 $3,301 $255,000 $255,000 $0
2015 $3,301 $255,000 $255,000 $0
2014 $3,275 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3144789

Canopy MLS (Canopy Realtor® Association)

APN: 023-295-23