514 Oak Tree Rd Mooresville, NC 28117
Lake Norman NeighborhoodEstimated 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
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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