Seller's Agent in 2023
Kelly Smith
Keller Williams Unified
(704) 235-3000
68 in this area
89 Total Sales
509 Isle of Pines Rd Mooresville, NC 28117
Estimated Value: $2,181,000
4
Beds
6
Baths
5,050
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- Pier
- Waterfront
- Vaulted Ceiling
- Woodland Heights Elementary School Rated A-
- Open Floorplan
- Wood Flooring
About This Home
As of January 2023This impressive, quality-built, waterfront home combines modern luxury with traditional ambiance. Its warm, inviting, open plan features spacious rooms with comfortable spaces and lake views from many rooms. Beautiful kitchen with high-end appliances, island, breakfast area, and keeping room with fireplace. Lakeview great room with fireplace, primary suite on main, formal dining, and beautifully laid out bedrooms w/full baths up plus a large bonus room. New floors on main, stairs, and upper landing. Walk-out basement finished with entertainment/bar area, a family room, a half bath, and an office with barn doors. Tons of storage for lake toys and more in the unfinished portion of the basement. The home flows beautifully from inside to outside, where you'll find a terrace, a covered patio, a beautifully landscaped yard, and best of all, the lakefront with beach area, pier with seating area, and floating dock with boat slip and jet ski ramp. No HOA! Come live the good life at Lake Norman!
Last Agent to Sell the Property
Keller Williams Unified Brokerage Email: kellysmith@kw.com License #210221 Listed on: 09/09/2022
Co-Listed By
Keller Williams Unified Brokerage Email: kellysmith@kw.com License #202531
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,971
Year Built
- Built in 2016
Lot Details
- 0.85 Acre Lot
- Waterfront
- Irrigation
- Property is zoned R20, R-20
Parking
- 3 Car Attached Garage
- Basement Garage
Home Design
- Stone Veneer
Interior Spaces
- 2-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar Fridge
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Entrance Foyer
- Great Room with Fireplace
- Keeping Room with Fireplace
- Water Views
- Laundry Room
Kitchen
- Breakfast Bar
- Built-In Double Convection Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Attic
- Walk-In Attic
- Pull Down Stairs to Attic
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Pier
- Balcony
- Covered Patio or Porch
- Terrace
Schools
- Woodland Heights Elementary And Middle School
- Lake Norman High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Apogee Builders
Listing and Financial Details
- Assessor Parcel Number 4635-37-5986.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2022
Closed on
Jan 4, 2023
Sold by
Merkel Henry Peter and Merkel Cynthia L
Bought by
Armstrong Calvin Grant and Armstrong Chasidy Burris
Seller's Agent
Kelly Smith
Keller Williams Unified
Buyer's Agent
Dan Jones
Carolina Real Estate Experts The Dan Jones Group
List Price
$2,749,000
Sold Price
$2,175,000
Premium/Discount to List
-$574,000
-20.88%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,000
Original Mortgage
$1,848,750
Outstanding Balance
$1,790,525
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 9, 2022
Closed on
Nov 21, 2022
Sold by
Farmer Herschel
Bought by
Merkel Henry Peter and Merkel Cynthia L
Seller's Agent
Kelly Smith
Keller Williams Unified
Buyer's Agent
Dan Jones
Carolina Real Estate Experts The Dan Jones Group
List Price
$2,749,000
Sold Price
$2,175,000
Premium/Discount to List
-$574,000
-20.88%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,848,750
Outstanding Balance
$1,790,525
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 23, 2018
Sold by
Apogee Builders Inc
Bought by
Merkel Henry Peter and Merkel Cynthia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 29, 2016
Sold by
Farmer Herschel
Bought by
Apogee Builders Inc
Purchase Details
Listed on
Feb 7, 2014
Closed on
Jul 6, 2015
Sold by
Mckee George C and Mckee Adrianne S
Bought by
Farmer Herschel
Seller's Agent
Kent Temple
Keller Williams Unified
Buyer's Agent
Sandy Francis
Francis Real Estate Group, Inc
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Armstrong Calvin Grant | $2,175,000 | -- | |
| Merkel Henry Peter | -- | -- | |
| Merkel Henry Peter | $1,245,000 | None Available | |
| Apogee Builders Inc | -- | None Available | |
| Farmer Herschel | $400,000 | Meridian Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Armstrong Calvin Grant | $1,848,750 | |
| Previous Owner | Merkel Henry Peter | $996,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2023 01/04/23 | Sold | $2,175,000 | -13.0% | $431 / Sq Ft | |
| 09/19/2022 09/19/22 | Price Changed | $2,499,000 | -9.1% | $495 / Sq Ft | |
| 09/09/2022 09/09/22 | For Sale | $2,749,000 | +587.3% | $544 / Sq Ft | |
| 07/10/2015 07/10/15 | Sold | $400,000 | -20.0% | $84 / Sq Ft | View Prior Sale |
| 06/14/2015 06/14/15 | Pending | -- | -- | -- | |
| 02/07/2014 02/07/14 | For Sale | $500,000 | -- | $105 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2022 | $7,971 | $1,261,320 | $340,000 | $921,320 |
| 2021 | $7,971 | $1,261,320 | $340,000 | $921,320 |
| 2020 | $7,971 | $1,261,320 | $340,000 | $921,320 |
| 2019 | $7,845 | $1,261,320 | $340,000 | $921,320 |
| 2018 | $7,180 | $1,192,920 | $360,000 | $832,920 |
| 2017 | $5,644 | $935,940 | $360,000 | $575,940 |
| 2016 | $2,151 | $360,000 | $360,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Smith
-
Pamela Temple
Seller Co-Listing Agent in 2023
Pamela Temple
Keller Williams Unified
(704) 235-3000
53 in this area
136 Total Sales
-
Dan Jones
Buyer's Agent in 2023
Dan Jones
Carolina Real Estate Experts The Dan Jones Group
(704) 345-8084
11 in this area
338 Total Sales
-
Kent Temple
Seller's Agent in 2015
Kent Temple
Keller Williams Unified
(704) 408-1802
24 in this area
125 Total Sales
-
S
Buyer's Agent in 2015
Sandy Francis
Francis Real Estate Group, Inc
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3900656
APN: 4635-37-5986.000
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