NOT LISTED FOR SALE

49461 River Run Rd Unit 18/19 Albemarle, NC 28001

Estimated Value: $3,796,000 - $4,242,000

3 Beds
5 Baths
5,950 Sq Ft
$684/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $1,050,000 $176 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $22,911/month

156 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Traditional Architecture
  • Waterfront
  • Community Lake
  • Wood Flooring

About This Home

As of January 2019

Custom built home on two large main channel lots at Lake Tillery. Over 550 feet of shoreline and almost 2.5 acres including owned and leased land. Enjoy miles of lake views from the in-ground pool or the boathouse party deck at the waterfront. Manicured / mature landscaping accents the property from the moment you arrive. All of the rooms are over-size and especially in the master bedroom which has a walk-out screened patio. Open floorplan with entertaining in mind when the home was designed. The cabana has a full kitchen with bath as well. Beautiful hardwoods and tile throughout the home. Over 3800 s/f in the upper level has been framed along with rough plumbed and wiring which could be finished for additional living area. This area is also heated and cooled. A truly unique estate home / a phenomenal lot at an unbelievable price on Lake Tillery.....come find your place on Lake Tillery !!!

Last Agent to Sell the Property

Mark McRae

McRae Properties License #208169 Listed on: 07/05/2018

Last Buyer's Agent

Colburn Thompson

New South Realty, Inc License #103413

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Level Lot
  • Irrigation

Parking

  • Attached Garage
  • Circular Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Gas Log Fireplace
  • Storage Room
  • Crawl Space
  • Permanent Attic Stairs

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Whirlpool Bathtub
  • Garden Bath

Outdoor Features

  • In Ground Pool
  • Outdoor Kitchen

Utilities

  • Well

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6576-03-34-5218

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.93375
  • Ratio Close Price By Original Li: 0.77835
  • Ratio Current Price By Acre: 1105263.16
  • Ratio Current Price By Sq Ft: 176.47
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bathrooms: 5.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Central Vacuum, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Surround Sound, Wall Oven, Washer, Generator, Electric Oven
  • Fireplace Description: Den, FAMILYRM, Gas Logs, Primary Bedroom, See Thru
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Fixed, Attic Walk-in, Garden Tub, Open Floorplan, Storage Unit, Wet Bar, Whirlpool
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 425
  • Main Level Sq Ft: 5950
  • Total Sq Ft: 5950
  • Sq Ft Unheated Main: 1690
  • Sq Ft Unheated Total: 5540
  • Sq Ft Unheated Upper: 3850

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Pool-In-Ground, Outdoor Kitchen
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Circular, Concrete
  • Parking: Attached Garage, Driveway, Garage - 4+ Car, Golf Cart Garage, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: City Water, Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

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

Lot Info

  • Lot Dimension: 220x350
  • Lot Features: Cul-de-sac Lot, Waterfront, Level, Long Range View
  • Lot Size Area: 0.950
  • Parcel Number: 6576-03-34-5218
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 1124476.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Jan 18, 2019
Sold by
Spencer Metrah W and Spencer Brenda T
Bought by
Jordan Jerry A and Evon Jordan T
Seller's Agent
Mark McRae
McRae Properties
Buyer's Agent
Colburn Thompson
New South Realty, Inc
List Price
$1,349,000
Sold Price
$1,050,000
Premium/Discount to List
-$299,000
-22.16%
Current Estimated Value
$4,069,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,019,997
Avg. Annual Appreciation
22.61%
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
Jordan Jerry A $1,050,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Sold $1,050,000 -6.6% $176 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
09/08/2018 09/08/18 Price Changed $1,124,500 -13.4% $189 / Sq Ft
07/17/2018 07/17/18 Price Changed $1,299,000 -3.7% $218 / Sq Ft
07/05/2018 07/05/18 For Sale $1,349,000 -- $227 / 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 $17,012 $2,788,830 $563,321 $2,225,509
2024 $1,446 $1,631,817 $417,105 $1,214,712
2023 $1,111 $1,631,817 $417,105 $1,214,712
2022 $11,683 $1,631,817 $417,105 $1,214,712
2021 $11,681 $1,631,817 $417,105 $1,214,712
2020 $8,661 $1,124,476 $417,105 $707,371
2019 $8,806 $1,124,476 $417,105 $707,371
2018 $1,969 $1,124,476 $417,105 $707,371
2017 $8,658 $1,124,476 $417,105 $707,371
2016 $8,313 $1,079,587 $389,903 $689,684
2015 $8,539 $1,079,587 $389,903 $689,684
2014 $8,023 $1,079,587 $389,903 $689,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3410222

Canopy MLS (Canopy Realtor® Association)

APN: 6576-03-34-5218