NOT LISTED FOR SALE

4974 Lynwood Rd Sherrills Ford, NC 28673

Estimated Value: $1,146,000 - $1,173,760

0.71 Acre
$1,633,634 Price per Acre
30,928 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $1,000,000

Est. 16% increase in value since last sale

Current estimated payment $6,318/month

163 Days on Market

Highlights

  • Waterfront
  • Rock Springs Elementary School Rated A
  • Wooded Lot

About This Lot

As of April 2024

Looking to escape the hustle-bustle of the city and find some peace and quiet? This is it! Located approximately 45 minutes north of Charlotte, this stunning waterfront lot in Sherrills Ford is the perfect place to build your future lakeside retreat. The .71-acre lot offers sweeping views of Lake Norman, lovely mature trees, and a gentle slope that can accommodate a home with a basement or large crawl. Located on deep water with 170 feet of waterfront. Since purchase the current owners have razed the previous structure and cleared the lot. With purchase the owners will also convey custom drawn plans for an elegant house and pool by architect Aaron Cote- inquire with agent for additional details. Purchase price does not include cost to build home. Seller has received approval to build dock from Duke Energy Lake Services as of 11/27/23.

Last Agent to Sell the Property

Lauren Alexander

Premier Sotheby's International Realty Brokerage Email: lauren.alexander@premiersir.com License #253037 Listed on: 09/19/2023

Premier Sotheby's International Realty

Last Buyer's Agent

Leslie Bost

Southern Homes of the Carolinas, Inc License #227472

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,961

Lot Details

  • Waterfront
  • Sloped Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational, Residential
  • Property is zoned R-SF

Additional Features

  • Water Views
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 32863

Property Details

Property Type

Land

Est. Annual Taxes

$2,961

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Deed
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Geocode Confidence: High
  • Attribution Contact: lauren.alexander@premiersir.com
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Other - See Remarks
  • Foundation Details Proposed: Basement,Crawl Space

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Installed
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Sloped, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 32863
  • Can Be Subdivided: 0
  • Lot Size: See Survey
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-SF

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2024
Sold by
Lakeview Luxury Llc
Bought by
Lynwood Lake Project Llc
Current Estimated Value
$1,159,880

Purchase Details

Listed on
Sep 19, 2023
Closed on
Apr 8, 2024
Sold by
Rbpa I Llc
Bought by
Lakeview Luxury Llc
Seller's Agent
Lauren Alexander
Premier Sotheby's International Realty
Buyer's Agent
Leslie Bost
Southern Homes of the Carolinas, Inc
List Price
$1,400,000
Sold Price
$1,000,000
Premium/Discount to List
-$400,000
-28.57%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 18, 2021
Sold by
Johnston William D and Johnston Sharon D
Bought by
Rbpa I Llc
Seller's Agent
Leslie Fisher
Premier Sotheby's International Realty
Buyer's Agent
Dirk Johnston
Sanctuary Realty
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 17, 2021
Sold by
Stewart Jeana Foard and Estate Of Robert Larry Stevens
Bought by
Johnston W Dirk W and Johnston Sharon D
Seller's Agent
Leslie Fisher
Premier Sotheby's International Realty
Buyer's Agent
Dirk Johnston
Sanctuary Realty
List Price
$699,000
Sold Price
$755,000
Premium/Discount to List
$56,000
8.01%
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
Lynwood Lake Project Llc -- None Listed On Document
Lynwood Lake Project Llc -- None Listed On Document
Lakeview Luxury Llc $1,000,000 None Listed On Document
Rbpa I Llc $755,000 Investors Title
Johnston W Dirk W $755,000 Investors Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Sold $1,000,000 -14.9% --
10/30/2023 10/30/23 Price Changed $1,175,000 -7.8% --
10/10/2023 10/10/23 Price Changed $1,275,000 -8.9% --
09/19/2023 09/19/23 For Sale $1,400,000 +85.4% --
12/22/2021 12/22/21 Sold $755,000 +8.0% -- View Prior Sale
10/01/2021 10/01/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $699,000 -- --
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 $2,961 $489,398 $475,478 $13,920
2024 $2,951 $489,398 $475,478 $13,920
2023 $2,951 $489,398 $475,478 $13,920
2022 $3,177 $413,175 $388,301 $24,874
2021 $3,148 $428,861 $388,301 $40,560
2020 $3,062 $428,861 $388,301 $40,560
2019 $3,062 $428,861 $388,301 $40,560
2018 $2,950 $388,913 $347,394 $41,519
2017 $2,824 $388,913 $347,394 $41,519
2016 $2,814 $0 $0 $0
2015 $2,870 $388,913 $347,394 $41,519
2014 $3,212 $441,993 $398,525 $43,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4069876

Canopy MLS (Canopy Realtor® Association)

APN: 32863