NOT LISTED FOR SALE

489 Kenway Loop Mooresville, NC 28117

Estimated Value: $1,322,000 - $1,466,000

3 Beds
3.5 Baths
2,964 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $1,380,000 $466 Per Sq Ft

Current estimated payment $7,672/month

42 Days on Market

Highlights

  • Water Views
  • Covered Dock
  • Spa
  • Lakeshore Elementary School Rated A-
  • Boat Lift
  • Cape Cod Architecture

About This Home

As of October 2024

NO HOA's here!! Welcome to your dream WATERFRONT home, offering stunning lake views and unparalleled serenity. This property boasts a PRIVATE LOT nestled on a DEEP WATER cove, ensuring year-round boating recreation or a quick trip to three of Lake Norman’s finest restaurants. Your private covered dock, complete with a boat lift and two jet ski ports, is sheltered from main channel waves and provides extra space for waterside lounging.
The gently sloping, fenced yard allows you to enjoy local wildlife while protecting your plants. Experience lake living at its finest with a waterside gazebo and a sunning deck. Better yet, relax on any of the three decks or unwind in the hot tub, all while taking in these breathtaking lake views.
Inside, you'll find an additional room on the main level with a walk-in closet, ideal for use as another bedroom. The family room can double as a game or movie room, while the heated and cooled space above the garage offers endless possibilities.

Last Agent to Sell the Property

Beth Graichen

Southern Homes of the Carolinas, Inc Brokerage Email: Beth@LakeNormanMike.com License #292329 Listed on: 06/07/2024

Last Buyer's Agent

Judy Robertson

Howard Hanna Allen Tate Lake Norman License #330001

Howard Hanna Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1997

Lot Details

  • Back Yard Fenced
  • Irrigation
  • Wooded Lot
  • Property is zoned RR

Parking

  • 2 Car Detached Garage
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Gas Log Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Water Views
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Personal Watercraft Lift
  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Covered Dock
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Separate Outdoor Workshop
  • Shed

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Central Air
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4638-29-9374.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod, Traditional
  • Year Built: 1997
  • Restrictions: No Representation
  • Second Living Quarters: Exterior Not Connected,Upper Level Garage
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 416.92
  • Property Sub Type Additional: None
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: Beth@LakeNormanMike.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Kitchen Island, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2281
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 683
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range
  • Other Equipment: Other - See Remarks
  • Above Grade Finished Sq Ft: 2964
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 2964
  • Bedroom Main: 1
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, In-Ground Irrigation, Storage
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • View: Water
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Lift, Covered structure, Personal Watercraft Lift, Retaining Wall
  • Construction Type: Hardboard Siding
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Detached Garage

Utilities

  • Heating: Electric
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Hall, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4638-29-9374.000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RR

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Oct 22, 2024
Sold by
Wooldridge Darrell W and Wooldridge Nancy N
Bought by
Hilt Cheryl R
Seller's Agent
Beth Graichen
Southern Homes of the Carolinas, Inc
Buyer's Agent
Judy Robertson
Howard Hanna Allen Tate Lake Norman
List Price
$1,675,000
Sold Price
$1,380,000
Premium/Discount to List
-$295,000
-17.61%
Views
47
Current Estimated Value
$1,380,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312
Avg. Annual Appreciation
0.02%
Original Mortgage
$802,000
Outstanding Balance
$793,327
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$586,985

Purchase Details

Closed on
Mar 11, 2021
Sold by
Wooldridge Darrel W and Wooldridge Nancy N
Bought by
Wooldridge Darrell W and Wooldridge Nancy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2007
Sold by
Lambert Tony E and Lambert Deborah K
Bought by
Wooldridge Darrel W and Wooldridge Nancy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Gunn Edward J
Bought by
Lambert Tony E and Lambert Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.2%

Purchase Details

Closed on
Jun 1, 1996

Purchase Details

Closed on
Jan 1, 1996

Purchase Details

Closed on
Nov 1, 1991
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
Hilt Cheryl R $1,380,000 Master Title
Wooldridge Darrell W -- Accommodation
Wooldridge Darrel W $650,000 None Available
Lambert Tony E $309,000 --
-- $90,000 --
-- $72,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilt Cheryl R $802,000
Previous Owner Wooldridge Darrell W $316,400
Previous Owner Wooldridge Darrel W $450,000
Previous Owner Lambert Tony E $200,000
Closed Lambert Tony E $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $1,380,000 -4.8% $466 / Sq Ft
07/20/2024 07/20/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $1,449,000 -9.2% $489 / Sq Ft
06/15/2024 06/15/24 Price Changed $1,595,000 -4.8% $538 / Sq Ft
06/07/2024 06/07/24 For Sale $1,675,000 -- $565 / 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
2024 $5,358 $882,980 $350,000 $532,980
2023 $5,358 $882,980 $350,000 $532,980
2022 $3,747 $578,380 $227,500 $350,880
2021 $3,685 $578,380 $227,500 $350,880
2020 $3,685 $578,380 $227,500 $350,880
2019 $3,541 $578,380 $227,500 $350,880
2018 $3,239 $533,330 $227,500 $305,830
2017 $3,239 $533,330 $227,500 $305,830
2016 $3,239 $533,330 $227,500 $305,830
2015 $3,239 $533,330 $227,500 $305,830
2014 $3,134 $555,250 $227,500 $327,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4146769

Canopy MLS (Canopy Realtor® Association)

APN: 4638-29-9374.000