NOT LISTED FOR SALE

486 Island Cove Rd Unit 19,99,100,101,102 Norwood, NC 28128

Estimated Value: $506,000 - $917,000

3 Beds
2.5 Baths
2,466 Sq Ft
$287/Sq Ft Est. Value

Last Sold October 19, 2017

Last sale price $375,000 $152 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,192/month

240 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Cathedral Ceiling
  • Open Floorplan
  • Traditional Architecture
  • Fireplace

About This Home

As of October 2017

Large Chalet with lots of Privacy!! Cathedral ceilings and huge masonry fireplace, sunroom , large deck and enormous patio overlooking the lake. 2-slip boathouse with seawall, large lawn and beautiful circle drive. 2-car carport and 3 storage buildings.

Last Agent to Sell the Property

Lynn Norman

Lake Tillery Properties LLC License #C27592 Listed on: 01/25/2017

Last Buyer's Agent

Romei Smitherman

The Heirloom Group, Inc. License #265375

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Waterfront
  • Level Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Fireplace
  • Insulated Windows
  • Laminate Flooring
  • Kitchen Island

Outdoor Features

  • Shed

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6573-01-19-3165

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.87413
  • Ratio Close Price By Original Li: 0.81699
  • Ratio Current Price By Acre: 225903.61
  • Ratio Current Price By Sq Ft: 152.07
  • Year Built: 1983
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 298
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Great Room, Living Room
  • Fireplace: Yes
  • Flooring: Laminate Wood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan
  • Laundry Location: Basement, Closet
  • Room Count: 3
  • Sq Ft Basement: 1084
  • Main Level Sq Ft: 1084
  • Total Sq Ft: 2466

Exterior Features

  • Construction: Brick Partial, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Boat House, Boat Slip, Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt
  • Parking: Carport - 2 Car, Driveway, Parking Space - 3

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Window Unit
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: Multiple lots
  • Lot Features: Waterfront, Level
  • Lot Size Area: 1.660
  • Parcel Number: 6573-01-19-3165
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 406702.00
  • Tax Location: Norwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2017
Closed on
Oct 11, 2017
Sold by
Huneycutt Vicky Lynn and Thomas Tamera Jo
Bought by
Cox Vickie B and Cox Ted A
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Romei Smitherman
The Heirloom Group, Inc.
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%
Current Estimated Value
$706,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,637
Avg. Annual Appreciation
8.38%
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
Cox Vickie B $375,000 Attorney
Cox Vickie B $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Vicki B $100,000
Closed Cox Vickie B $45,000
Closed Cox Ted A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2017 10/19/17 Sold $375,000 -18.3% $152 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $459,000 -- $186 / 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 $4,205 $472,472 $186,863 $285,609
2024 $3,686 $361,335 $154,645 $206,690
2023 $3,686 $361,335 $154,645 $206,690
2022 $3,613 $361,335 $154,645 $206,690
2021 $3,613 $361,335 $154,645 $206,690
2020 $3,662 $348,934 $148,201 $200,733
2019 $3,578 $337,548 $148,201 $189,347
2018 $3,578 $337,548 $148,201 $189,347
2017 $3,578 $337,548 $148,201 $189,347
2016 $3,383 $319,104 $135,314 $183,790
2015 $3,461 $319,104 $135,314 $183,790
2014 $3,092 $319,104 $135,314 $183,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3245659

Canopy MLS (Canopy Realtor® Association)

APN: 6573-01-19-3165