NOT LISTED FOR SALE

Estimated Value: $751,000 - $1,356,266

3 Beds
3 Baths
2,450 Sq Ft
$436/Sq Ft Est. Value

About This Home

This home is located at 514 Oak Tree Rd, Mooresville, NC 28117 and is currently estimated at $1,068,067, approximately $435 per square foot. 514 Oak Tree Rd is a home located in Iredell County with nearby schools including Lake Norman Elementary School and Lake Norman High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2014
Sold by
Reece J Michael and Reece Helen B
Bought by
Lambert Wayne Leon
Current Estimated Value
$1,043,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2011
Sold by
Reece James Michael and Reece Helen B
Bought by
Reece J Michael and Reece Helen B

Purchase Details

Closed on
Sep 7, 2007
Sold by
Reece James Michael
Bought by
M & M Homes Llc

Purchase Details

Closed on
Aug 11, 2003
Sold by
Reece James Michael
Bought by
Reece James Michael and Reece Helen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
May 1, 1988

Purchase Details

Closed on
Aug 1, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lambert Wayne Leon $720,000 Statewide Title
Reece J Michael -- None Available
M & M Homes Llc -- None Available
Reece James Michael -- --
-- -- --
-- $290,000 --
-- $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Wayne Leon $457,000
Closed Lambert Wayne Leon $600,000
Closed Lambert Wayne Leon $648,000
Previous Owner Reece James Michael $400,000
Previous Owner Reece James Michael $256,000
Previous Owner Reece James M $275,000
Source: Public Records

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 $6,059 $1,016,770 $500,000 $516,770
2023 $6,059 $1,016,770 $500,000 $516,770
2022 $4,191 $658,360 $320,000 $338,360
2021 $4,187 $658,360 $320,000 $338,360
2020 $4,187 $658,360 $320,000 $338,360
2019 $4,121 $658,360 $320,000 $338,360
2018 $4,224 $698,240 $400,000 $298,240
2017 $4,224 $698,240 $400,000 $298,240
2016 $4,224 $698,240 $400,000 $298,240
2015 $4,224 $698,240 $400,000 $298,240
2014 $3,552 $630,660 $400,000 $230,660
Source: Public Records

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