NOT LISTED FOR SALE

492 Laurel Cove Rd Statesville, NC 28677

Estimated Value: $211,966 - $641,000

0.56 Acre
$580,789 Price per Acre
24,394 Sq Ft Lot

Last Sold September 27, 2019

Last sale price $104,000 $149 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $1,775/month

622 Days on Market

About This Lot

As of September 2019

Wonderful Waterfront lot with Dock, Septic in place and NO HOA! Build your dream home in this great community and a quiet cove just off main channel. Mature trees with approx 107 ft of Shoreline. Mobile home on lot have not been occupied in several years. Well does not meet current guidelines.

Last Agent to Sell the Property

Muong Robinson

Lake Norman Agents LLC License #258044 Listed on: 10/24/2017

Last Buyer's Agent

Janet Shawgo

Southern Homes of the Carolinas, Inc License #212530

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Waterfront
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4710-49-6349.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95413
  • Ratio Close Price By Original Li: 0.69333
  • Ratio Current Price By Acre: 185714.29
  • Restrictions: No Representation
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: Well

Lot Info

  • Lot Dimension: 125 x 236 x 42 x 64 x 224
  • Lot Features: Waterfront, Water view, Sloping
  • Parcel Number: 4710-49-6349.000
  • Zoning Specification: R20
  • Out Buildings Yn: Yes

Tax Info

  • Tax Value: 122580.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Sep 25, 2019
Sold by
Lawson John Alexander
Bought by
Mcgrath Michael J and Mcgrath Jane K
Seller's Agent
Muong Robinson
Lake Norman Agents LLC
Buyer's Agent
Janet Shawgo
Southern Homes of the Carolinas, Inc
List Price
$150,000
Sold Price
$104,000
Premium/Discount to List
-$46,000
-30.67%
Current Estimated Value
$325,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,242
Avg. Annual Appreciation
20.59%
Original Mortgage
$78,000
Outstanding Balance
$68,471
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$256,771

Purchase Details

Closed on
Jul 1, 1991

Purchase Details

Closed on
Feb 1, 1987

Purchase Details

Closed on
Sep 1, 1986

Purchase Details

Closed on
Jun 1, 1982

Purchase Details

Closed on
Jun 1, 1981
Source: Public Records

Range of Values:

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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
Mcgrath Michael J $104,000 None Available
-- $71,000 --
-- $61,500 --
-- $20,500 --
-- $9,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Michael J $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2019 09/27/19 Sold $104,000 -4.6% $149 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
08/03/2018 08/03/18 Price Changed $109,000 -27.3% $156 / Sq Ft
10/24/2017 10/24/17 For Sale $150,000 -- $214 / 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 $737 $117,380 $115,000 $2,380
2023 $704 $117,380 $115,000 $2,380
2022 $829 $123,210 $115,000 $8,210
2021 $852 $123,210 $115,000 $8,210
2020 $829 $123,210 $115,000 $8,210
2019 $410 $123,210 $115,000 $8,210
2018 $404 $122,580 $115,000 $7,580
2017 $404 $122,580 $115,000 $7,580
2016 $807 $122,580 $115,000 $7,580
2015 $805 $122,580 $115,000 $7,580
2014 $741 $120,080 $112,500 $7,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3331609

Canopy MLS (Canopy Realtor® Association)

APN: 4710-49-6349.000