NOT LISTED FOR SALE

4565 Welborn Dr Sherrills Ford, NC 28673

Estimated Value: $684,000 - $971,000

1 Bed
1 Bath
986 Sq Ft
$891/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2020

Last sale price $575,000 $583 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,288 / mo

9 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Private Lot

About This Home

As of November 2020

A rare opportunity to "Live While You Build" your dream home on Lake Norman. Buy Now, build later, with Big Lake Views! This five car garage with living quarters on second level has endless opportunities. A secondary home, income-producing vacation rental, or live full-time. The adjoining property with home is also available. MLS#3661814

Last Agent to Sell the Property

Joey Davis

Staylakenorman LLC License #220465 Listed on: 09/16/2020

Last Buyer's Agent

Todd Hill

Southern Charm Realty & Retreats INC License #284421

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot

Parking

  • Workshop in Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Open Floorplan
  • Laminate Flooring

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4616010882410000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

1.38 Acres

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95993
  • Ratio Close Price By Original Li: 0.95993
  • Ratio Current Price By Acre: 416666.67
  • Ratio Current Price By Sq Ft: 583.16
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 986
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Equipment: Beverage Refrigerator, Ceiling Fan(s), Cooktop Electric, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Flooring: Laminate Wood
  • Interior Amenities: Garage Shop, Open Floorplan
  • Laundry Location: Upper
  • Room Count: 1
  • Sq Ft Additional: 391
  • Total Sq Ft: 986

Exterior Features

  • Construction: Brick Full, Cedar Shake
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 4+ Car, Garage Door Opener, Parking Space - 4+

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Private, Water view, Waterfront, Wooded
  • Parcel Number: 4616010882410000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 342400.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 20, 2020
Sold by
Sloop Larry A and Sloop Linda S
Bought by
Hannon Mike John and Hannon Jennifer
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Todd Hill
Southern Charm Realty & Retreats INC
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Current Estimated Value
$931,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,314
Avg. Annual Appreciation
8.18%
Original Mortgage
$460,000
Outstanding Balance
$409,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,165

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 20, 2020
Sold by
Sloop Larry A and Sloop Linda S
Bought by
Mangino Mark J and Mangino Susan B
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Todd Hill
Southern Charm Realty & Retreats INC
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$409,335
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,165

Purchase Details

Closed on
Nov 1, 1986
Bought by
Sloop Larry A and Sloop Linda S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hannon Mike John $575,000 None Available
Mangino Mark J $1,200,000 None Available
Sloop Larry A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannon Mike John $460,000
Closed Mangino Mark J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $575,000 -4.0% $583 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $599,000 -- $608 / Sq Ft
Source: Canopy MLS

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 $3,797 $770,900 $557,200 $213,700
2024 $3,797 $770,900 $557,200 $213,700
2023 $3,720 $459,700 $240,900 $218,800
2022 $3,241 $459,700 $240,900 $218,800
2021 $3,241 $459,700 $240,900 $218,800
2020 $2,414 $342,400 $250,400 $92,000
2019 $2,414 $342,400 $0 $0
2018 $2,286 $333,700 $246,900 $86,800
2017 $2,286 $0 $0 $0
2016 $2,286 $0 $0 $0
2015 $2,144 $333,700 $246,900 $86,800
2014 $2,144 $357,400 $260,800 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: CAR3661863

Canopy MLS

APN: 4616010882410000

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