NOT LISTED FOR SALE

506 Catspaw Rd Unit 7 Statesville, NC 28677

Estimated Value: $321,000 - $518,086

2 Beds
2.5 Baths
1,484 Sq Ft
$295/mo HOA Fee

Last Sold July 10, 2020

Last sale price $286,000 $193 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,875/month

284 Days on Market

Highlights

  • Waterfront
  • Fireplace
  • Storage Room
  • Community Lake
  • Wet Bar
  • Tile Flooring

About This Home

As of July 2020

Walk out your back deck and you are just several feet away from the Lake! Throw your raft in and go!! Incredible views and a hidden gem on Lake Norman!! Amazing access to the lake and close to the State Park !! Bike trails , walking trails, quiet part of the lake !! Maintenance free living on Lake Norman! Open floor plan with great sq footage .. stone fireplace and wet bar perfect for entertaining in great room. Great sized bedrooms with in-suite bathrooms. Watch absolutely amazing sunsets from your large deck! Roll out awning over deck! Just steps away to boat slip with lift and jet ski pad. This would make a great second home getaway on the lake! Or make it your everyday home for your enjoyment!! Must see!!

Last Agent to Sell the Property

Mary Dulin

Howard Hanna Allen Tate Statesville License #196795 Listed on: 08/20/2019

Howard Hanna Allen Tate Statesville

Last Buyer's Agent

Todd Kistler

Premier South License #297443

Premier South

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Waterfront

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Insulated Windows
  • Storage Room
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

Listing and Financial Details

  • Assessor Parcel Number 4710-82-4110.007

Community Details

Overview

  • Catspaw Association, Phone Number (336) 766-4094
  • Community Lake

Security

  • Storm Doors

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95652
  • Ratio Close Price By Original Li: 0.89655
  • Ratio Current Price By Acre: 14300000.00
  • Ratio Current Price By Sq Ft: 192.72
  • Unit Floor Level: 1
  • Year Built: 1985
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 757
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Trash Compactor, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • H O A Management Phone: 336-766-4094
  • Interior Amenities: Attic Stairs Pulldown, Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 727
  • Total Sq Ft: 1484

Exterior Features

  • Construction: Stone, Wood
  • Construction Type: Site Built
  • Exterior Features: Storage Unit

Garage/Parking

  • Driveway: Asphalt
  • Parking: Assigned Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: Community Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 885.00
  • Association Fee Frequency: Quarterly
  • Complex Name: Catspaw
  • HOA Management Company: Catspaw
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Long Range View, Lake, Views, Water view, Waterfront
  • Parcel Number: 4710-82-4110.007
  • Zoning Specification: PRD

Tax Info

  • Tax Value: 230870.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2006
Sold by
Hauser Wayne Lee and Hauser Lorri Stallard
Bought by
Erdmann Kenneth W and Erdmann Patricia A
Current Estimated Value
$454,805

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bankers Trust Company Of California
Bought by
Rose Russell B and Rose Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.18%

Purchase Details

Closed on
Jan 1, 1998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
7.18%

Purchase Details

Closed on
Oct 1, 1997

Purchase Details

Closed on
Jan 1, 1996
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
Erdmann Kenneth W $226,500 None Available
Rose Russell B $146,000 --
-- $146,000 --
-- $129,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rose Russell B $116,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $286,000 -4.3% $193 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
04/28/2020 04/28/20 Price Changed $299,000 -6.3% $201 / Sq Ft
08/20/2019 08/20/19 For Sale $319,000 -- $215 / 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 $2,397 $389,520 $200,000 $189,520
2023 $2,397 $389,520 $200,000 $189,520
2022 $2,030 $309,020 $175,000 $134,020
2021 $1,995 $309,020 $175,000 $134,020
2020 $1,995 $309,020 $175,000 $134,020
2019 $1,918 $309,020 $175,000 $134,020
2018 $1,431 $230,870 $125,000 $105,870
2017 $1,431 $230,870 $125,000 $105,870
2016 $1,431 $230,870 $125,000 $105,870
2015 $1,431 $230,870 $125,000 $105,870
2014 -- $206,950 $110,000 $96,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3541779

Canopy MLS (Canopy Realtor® Association)

APN: 4710-82-4110.007