NOT LISTED FOR SALE

481 Big Indian Loop Mooresville, NC 28117

Estimated Value: $1,140,000 - $2,302,650

3 Beds
2 Baths
1,250 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,500,000 $1,200 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,962/month

114 Days on Market

About This Home

As of November 2022

This property has exactly what you need!!!! Over 200' of shoreline with one of the best views on the lake! Just off Exit 36 in Mooresville. Convenient to shopping, restaurants and hospitals. Also within the highly sought after Lake Norman school district.

Boat dock is currently being replaced.

Last Agent to Sell the Property

Chris Puckett

Lantern Realty & Development, LLC License #95788 Listed on: 07/18/2022

Last Buyer's Agent

Andrew Nagy

Nagy Properties License #207960

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • Zoning described as R20

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4648-03-6588.000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.96 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Ratio Current Price By Acre: 1562500.00
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 1200.00
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 285
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1250
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 78
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 78
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1250
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Tax Location: Mooresville
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Carport - 2 Car

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4648-03-6588.000
  • Zoning Description: R20
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 3.63223

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Bell David S and Bell Michelle M
Bought by
David S And Michelle M Bell Trust
Current Estimated Value
$1,780,163

Purchase Details

Listed on
Jul 18, 2022
Closed on
Nov 9, 2022
Sold by
Conway Michael J
Bought by
Michelle Bell and Bell Stephen
Seller's Agent
Chris Puckett
Lantern Realty & Development, LLC
Buyer's Agent
Andrew Nagy
Nagy Properties
List Price
$1,500,000
Sold Price
$1,500,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%

Purchase Details

Closed on
Sep 25, 2007
Sold by
Conway Michael J and Conway Jane E
Bought by
Conway Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 22, 2004
Sold by
Randall Tony Lamar and Randall Katherine
Bought by
Conway Michael J and Conway Jane F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2001
Sold by
Randall Hallie N
Bought by
Randall Tony Lamar and Randall Michael Wayne

Purchase Details

Closed on
Aug 1, 1992

Purchase Details

Closed on
Jun 1, 1977
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
David S And Michelle M Bell Trust -- None Listed On Document
David S And Michelle M Bell Trust -- None Listed On Document
Michelle Bell $1,500,000 Barristers Title
Conway Michael J -- None Available
Conway Michael J $350,000 --
Randall Tony Lamar -- --
-- -- --
-- $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Conway Michael J $100,000
Previous Owner Conway Michael J $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2022 11/09/22 Sold $1,500,000 0.0% $1,200 / Sq Ft
07/18/2022 07/18/22 For Sale $1,500,000 -- $1,200 / 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 $8,404 $1,414,320 $720,000 $694,320
2024 $4,530 $721,840 $720,000 $1,840
2023 $4,259 $721,840 $720,000 $1,840
2022 $2,651 $412,970 $325,000 $87,970
2021 $2,647 $412,970 $325,000 $87,970
2020 $2,647 $412,970 $325,000 $87,970
2019 $2,524 $412,970 $325,000 $87,970
2018 $2,336 $382,290 $300,000 $82,290
2017 $2,336 $382,290 $300,000 $82,290
2016 $2,336 $382,290 $300,000 $82,290
2015 $2,336 $382,290 $300,000 $82,290
2014 $2,197 $386,420 $300,000 $86,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3877062

Canopy MLS (Canopy Realtor® Association)

APN: 4648-03-6588.000

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