NOT LISTED FOR SALE

513 Big Indian Loop Mooresville, NC 28117

Estimated Value: $1,285,000 - $1,930,701

3 Beds
3 Baths
2,483 Sq Ft
$668/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $775,000 $312 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $9,934/month

About This Home

As of February 2021

Fabulous waterfront retreat! Tranquility best describes this scenic property which is nestled on .88 acres among mature trees and boasts spectacular views. This deep water large level lot with 188 feet of shoreline offers a rare natural sandy beach, private dock and grandfathered boat ramp. The spacious home offers a great opportunity for DIY HOME IMPROVERS and REHAB ENTHUSIASTS to customize to your taste. Conveniently located just minutes to restaurants, shopping and interstate. A must see that will allow you to experience the best of lake life!

Last Agent to Sell the Property

Joey Davis

Staylakenorman LLC License #220465 Listed on: 11/11/2020

Last Buyer's Agent

Paul Tyson

Lake Norman Realty, Inc. License #276898

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.88

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation

Additional Features

  • 3 Full Bathrooms
  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4648-13-2851.000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 0.96996
  • Ratio Close Price By Original Li: 0.96996
  • Ratio Current Price By Acre: 880681.82
  • Ratio Current Price By Sq Ft: 312.12
  • Year Built: 1978
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1122
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Self Cleaning Oven
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1361
  • Total Sq Ft: 2483

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage

Utilities

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

Schools

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

Lot Info

  • Lot Features: Waterfront
  • Lot Size Area: 0.880
  • Parcel Number: 4648-13-2851.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 509630.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 3, 2021
Sold by
Johnson Lance N and Johnson Alicia
Bought by
Brandon Scott Craig and Brandon Amy Fenton
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Paul Tyson
Lake Norman Realty, Inc.
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Total Days on Market
0
Current Estimated Value
$1,657,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,425
Avg. Annual Appreciation
17.45%

Purchase Details

Listed on
Nov 11, 2020
Closed on
Feb 2, 2021
Sold by
1021 Allen Llc
Bought by
Johnson Lance N and Johnson Alicia
Seller's Agent
Joey Davis
Staylakenorman LLC
Buyer's Agent
Paul Tyson
Lake Norman Realty, Inc.
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Nov 11, 2019
Sold by
Brown Clyde R and Brown Anna H
Bought by
1021 Allen Llc
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$525,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 1981

Purchase Details

Closed on
Jun 1, 1977
Source: Public Records

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Range of Values:

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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
Brandon Scott Craig $775,000 Investors Title Co
Johnson Lance N -- Investors Title Co
1021 Allen Llc $700,000 None Available
-- $115,000 --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandon Amy Fenton $1,200,000
Previous Owner 1021 Allen Llc $525,000
Previous Owner Wettreich Herbert L $1,689,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $775,000 -3.0% $312 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $799,000 +14.1% $322 / Sq Ft
11/15/2019 11/15/19 Sold $700,000 -- $318 / 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 $7,560 $1,271,230 $600,000 $671,230
2023 $7,560 $620,250 $600,000 $20,250
2022 $3,258 $509,630 $325,000 $184,630
2021 $3,254 $509,630 $325,000 $184,630
2020 $3,254 $509,630 $325,000 $184,630
2019 $3,101 $509,630 $325,000 $184,630
2018 $2,787 $457,690 $300,000 $157,690
2017 $2,787 $457,690 $300,000 $157,690
2016 $2,787 $457,690 $300,000 $157,690
2015 $2,787 $457,690 $300,000 $157,690
2014 $2,649 $465,630 $300,000 $165,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3681890

Canopy MLS (Canopy Realtor® Association)

APN: 4648-13-2851.000