NOT LISTED FOR SALE

506 Kenway Loop Unit 113 Mooresville, NC 28117

Estimated Value: $847,000 - $1,126,000

4 Beds
3.5 Baths
3,820 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $879,000 $230 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,736/month

289 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Vaulted Ceiling
  • Lakeshore Elementary School Rated A-
  • Wooded Lot
  • Traditional Architecture

About This Home

As of May 2023

New construction, direct from Builder, on quiet and desirable Kenway Loop, directly across the street from Lake Norman. Solid oak double door entry leads to wonderful open floor plan with dining to the left and home office to the right thru double French doors. Great room has vaulted ceilings with gas fireplace and built-ins. Large island kitchen with granite counter tops, pot filler and oversized apron sink, ceramic tile backsplash and stainless steel appliances, open to breakfast room and great room. Master on main with tray ceiling and private sitting area, overlooking the back yard with space for a pool. Ensuite bath has his/her sinks, frameless glass shower, custom tile work and free-standing tub, with entry to large walk-in closet. Solid oak staircase leads to 2nd ensuite bedroom, with 3rd and 4th bedrooms sharing Jack-and-Jill bath, each with personal sinks. Generous bonus/media room over the 3 car garage below.

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com Inc License #304715 Listed on: 06/05/2022

Listwithfreedom.com Inc

Last Buyer's Agent

Jim Bramhall

EXP Realty LLC Mooresville License #324345

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,018

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 100x300
  • Front Green Space
  • Paved or Partially Paved Lot
  • Wooded Lot
  • Property is zoned RA

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Mud Room
  • Great Room with Fireplace
  • Vinyl Flooring
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Zoned Heating
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Woodleaf Property Management Association, Phone Number (800) 280-0780
  • Woodleaf Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4638-29-6751.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,018

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$25 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2022
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: Subject to standard Woodleaf CCR's
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 230.10
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Built-in Features, Cable Prewire, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2278
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1542
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Oven, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 3820
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Log, Gas Vented, Great Room, Insert
  • Living Area: 3820
  • Bedroom Main: 1
  • Room Count: 17

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: Lake, None
  • Waterfront Elevation: 1000
  • Construction Type: Hard Stucco
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 688
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage, Garage Faces Side

Utilities

  • Heating: Zoned
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Woodleaf
  • Senior Community: No
  • Association Name: Woodleaf Property Management
  • Phone: 800-280-0780
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 300.00

Schools

  • Middle Or Junior School: Lakeshore
  • HOA Subject To: Required

Lot Info

  • Lot Features: Green Area, Paved, Wooded, Wooded
  • Lot Size Area: 0.75
  • Lot Size Units: Acres
  • Parcel Number: 4638-29-6751.000
  • Development Status: Completed
  • Lot Size Acres: 0.75
  • Lot Size: 100x300
  • Lot Size Sq Ft: 32670
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
May 23, 2023
Sold by
Northlake Developers Llc
Bought by
Buhler Reed and Buhler Laura Larson
Seller's Agent
Ralph Harvey
Listwithfreedom.com Inc
Buyer's Agent
Jim Bramhall
EXP Realty LLC Mooresville
List Price
$879,000
Sold Price
$879,000
Views
25
Current Estimated Value
$1,002,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,238
Avg. Annual Appreciation
5.79%
Original Mortgage
$703,200
Outstanding Balance
$680,049
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$322,189

Purchase Details

Closed on
Sep 29, 2020
Sold by
Woodbridge Partners Llc
Bought by
Northlake Developers Llc
Source: Public Records

Range of Values:

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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
Buhler Reed $879,000 None Listed On Document
Northlake Developers Llc $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buhler Reed G $151,985
Open Buhler Reed $703,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $879,000 0.0% $230 / Sq Ft
03/21/2023 03/21/23 Pending -- -- --
06/05/2022 06/05/22 For Sale $879,000 -- $230 / 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 $5,018 $826,270 $80,000 $746,270
2023 $5,018 $826,270 $80,000 $746,270
2022 $3,240 $498,890 $65,000 $433,890
2021 $408 $65,000 $65,000 $0
2020 $408 $65,000 $65,000 $0
2019 $392 $65,000 $65,000 $0
2018 $344 $57,500 $57,500 $0
2017 $344 $57,500 $57,500 $0
2016 $344 $57,500 $57,500 $0
2015 $344 $57,500 $57,500 $0
2014 $447 $80,500 $80,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3869033

Canopy MLS (Canopy Realtor® Association)

APN: 4638-29-6751.000