NOT LISTED FOR SALE

475 Big Indian Loop Mooresville, NC 28117

Estimated Value: $1,434,000 - $1,779,000

3 Beds
3 Baths
3,098 Sq Ft
$529/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $804,250 $260 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,196/month

14 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Transitional Architecture
  • Lakeshore Elementary School Rated A-
  • Community Lake
  • Separate Outdoor Workshop

About This Home

As of April 2018

Enjoy beautiful Lake Norman living in this home that features 206 feet of shoreline, private beach with breathtaking views. Great curb appeal as you drive up. All glass sunroom upstairs with 180 degree view to enjoy all the seasons of North Carolina. Workshop w/ heat and electricity. Boat ramp, pier, and docks with a boat lifts. Minutes from shopping and I-77.
*See attachments for additional great information about the property. Also list of property to be included with an acceptable offer*
DOES NOT CONVEY: swing in cottage/front porch.
Beautifully updated and determined as "Effective Year Built" of 2015 by the county assessor.
Drone footage:https://vimeo.com/255829668

Last Agent to Sell the Property

Thomas Elrod

Keller Williams Ballantyne Area License #268537 Listed on: 02/15/2018

Keller Williams Ballantyne Area

Co-Listed By

Daniel Turner

Keller Williams Ballantyne Area License #283060

Last Buyer's Agent

Ben Bowen

Premier Sotheby's International Realty License #225345

Premier Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Irrigation

Home Design

  • Transitional Architecture
  • Split Foyer
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Wet Bar
  • Skylights
  • Self Contained Fireplace Unit Or Insert
  • Pull Down Stairs to Attic
  • Storm Doors
  • Breakfast Bar

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • Attached Garage
  • Workshop in Garage

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4648-03-5325.000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.74 Acres

Listing Details

  • Property Type: Single Family
  • Property Sub Type: Split Foyer
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.97485
  • Ratio Close Price By Original Li: 0.97485
  • Ratio Current Price By Acre: 1086824.32
  • Ratio Current Price By Sq Ft: 259.60
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Foundation Details: Concrete, Slab
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Central Vacuum, Disposal, Dishwasher, Electric Dryer Hookup, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Propane, Generator, Gas Oven
  • Fireplace Description: FAMILYRM, Fireplace Insert, Gas Vented, Living Room, Propane
  • Fireplace: Yes
  • Fixture Exception Description: swing in cottage/front porch
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Garage Shop, Open Floorplan, Pantry, Skylight(s), Wet Bar
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 1875
  • Sq Ft Basement: 942
  • Main Level Sq Ft: 2156
  • Total Sq Ft: 3098
  • Sq Ft Unheated Basement: 651
  • Sq Ft Unheated Total: 651

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Workshop, In-Ground Irrigation, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Detached Garage, Driveway, Garage Door Opener, Parking Space - 1, Side Load Garage

Utilities

  • Heating: Central Air, Ductless/Mini-Split System, Gas Hot Air Furnace, Gas Water Heater, Propane
  • Sewer: Septic Tank
  • Water: Water Softener System, Well
  • Water Heater: Propane

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Features: Waterfront
  • Parcel Number: 4648-03-5325.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 687580.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Thomas Ted and Searle Susan
Bought by
Dimauro Paul R and Dimauro Chee
Current Estimated Value
$1,637,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Outstanding Balance
$1,263,870
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$373,839

Purchase Details

Listed on
Feb 15, 2018
Closed on
Apr 25, 2018
Sold by
Holt Joseph E and Holt Cynthia J
Bought by
Thomas Ted and Searle Susan
Seller's Agent
Thomas Elrod
Keller Williams Ballantyne Area
Buyer's Agent
Ben Bowen
Premier Sotheby's International Realty
List Price
$825,000
Sold Price
$804,250
Premium/Discount to List
-$20,750
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Jul 15, 2002
Sold by
Sawyers Charles W and Sawyers Juanita R
Bought by
Holt Joseph E and Holt Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Wade Cook and Wade Lucille B
Bought by
Sawyers Charles Wayne and Sawyers Juanita

Purchase Details

Closed on
Dec 1, 1997

Purchase Details

Closed on
Jun 1, 1976
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
Dimauro Paul R $1,700,000 None Listed On Document
Dimauro Paul R $1,700,000 None Listed On Document
Thomas Ted $805,000 None Available
Holt Joseph E $450,000 --
Sawyers Charles Wayne $350,000 --
-- -- --
-- $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimauro Paul R $1,275,000
Closed Dimauro Paul R $1,275,000
Previous Owner Holt Joseph E $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $804,250 -2.5% $260 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $825,000 -- $266 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $8,104 $1,363,420 $720,000 $643,420
2024 $8,104 $1,363,420 $720,000 $643,420
2023 $8,104 $1,363,420 $720,000 $643,420
2022 $5,012 $789,160 $390,000 $399,160
2021 $5,008 $789,160 $390,000 $399,160
2020 $4,867 $766,660 $390,000 $376,660
2019 $4,637 $766,660 $390,000 $376,660
2018 $4,160 $687,580 $360,000 $327,580
2017 $4,160 $687,580 $360,000 $327,580
2016 $4,160 $687,580 $360,000 $327,580
2015 $4,743 $765,650 $555,000 $210,650
2014 $4,309 $746,740 $555,000 $191,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3359854

Canopy MLS (Canopy Realtor® Association)

APN: 4648-03-5325.000

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