NOT LISTED FOR SALE

47322 Paradise Ln Norwood, NC 28128

Estimated Value: $344,000 - $550,000

3 Beds
2.5 Baths
1,500 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $275,000 $183 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,329/month

2 Days on Market

Highlights

  • Open Floorplan
  • Bamboo Flooring
  • Kitchen Island
  • Cathedral Ceiling
  • Cottage
  • 1-Story Property

About This Home

As of February 2021

Fully remodeled cottage located across the road from Lake Tillery with beautiful water views. These amazing bamboo floors, granite and quartz counters throughout, tile showers with glass doors are a must see. Tougue and Groove wood ceilings. Custom Cabinets throughout. Master bath remodel is being finished now. Metal Roof and new hvac 2 years old. Peaceful dead end road waiting on you to make it home. Nothing better than living on Paradise!

Last Agent to Sell the Property

Shanna Simpson

Hope Realty License #293424 Listed on: 12/21/2020

Last Buyer's Agent

Lisa Johnson

Premier Sotheby's International Realty License #278351

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.65

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space
  • Kitchen Island

Flooring

  • Bamboo
  • Tile
  • Vinyl

Utilities

  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Additional Features

  • Outbuilding
  • Many Trees

Listing and Financial Details

  • Assessor Parcel Number 6565-04-73-8485

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 0.98214
  • Ratio Close Price By Original Li: 0.98214
  • Ratio Current Price By Acre: 423076.92
  • Ratio Current Price By Sq Ft: 183.33
  • Year Built: 1976
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Brick, Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Gas Dryer Hookup, Microwave, Propane, Refrigerator, Wall Oven, Washer
  • Fireplace Description: FAMILYRM, Wood Burning, Woodstove
  • Flooring: Bamboo, Tile, Vinyl
  • Interior Amenities: Cable Available, Cathedral Ceiling(s), Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1500
  • Total Sq Ft: 1500

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Outbuilding

Garage/Parking

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

Utilities

  • Heating: Central Air, Propane
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Gas, g-On-Demand Water Heater

Lot Info

  • Lot Dimension: 252x120x200x66x68
  • Lot Features: Trees, Water view
  • Parcel Number: 6565-04-73-8485
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 134376.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Feb 4, 2021
Sold by
Simpson Jeremy D and Simpson Shanna F
Bought by
Johnston Jennifer Lynn
Seller's Agent
Shanna Simpson
Hope Realty
Buyer's Agent
Lisa Johnson
Premier Sotheby's International Realty
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$420,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,461
Avg. Annual Appreciation
9.17%
Original Mortgage
$270,019
Outstanding Balance
$241,083
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$179,378

Purchase Details

Closed on
May 2, 2016
Sold by
Hathcock Judy B
Bought by
Simpson Jeremy D and Simpson Shanna F

Purchase Details

Closed on
Oct 30, 2015
Sold by
Blalock Cindy Hathcock
Bought by
Hathcock Judy Burris
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnston Jennifer Lynn $275,000 None Available
Simpson Jeremy D $137,500 Attorney
Hathcock Judy Burris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Jennifer Lynn $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2021 02/04/21 Sold $275,000 -1.8% $183 / Sq Ft
12/24/2020 12/24/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $280,000 -- $187 / 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 $1,439 $235,944 $30,510 $205,434
2024 $1,119 $157,611 $24,026 $133,585
2023 $1,216 $157,611 $24,026 $133,585
2022 $1,216 $157,611 $24,026 $133,585
2021 $1,184 $153,406 $24,026 $129,380
2020 $1,113 $134,376 $20,975 $113,401
2019 $1,120 $134,376 $20,975 $113,401
2018 $1,035 $134,376 $20,975 $113,401
2017 $1,035 $134,376 $20,975 $113,401
2016 $681 $88,479 $19,068 $69,411
2015 $759 $88,479 $19,068 $69,411
2014 $733 $88,479 $19,068 $69,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3692584

Canopy MLS (Canopy Realtor® Association)

APN: 6565-04-73-8485