NOT LISTED FOR SALE

516 Jakes Ridge Ln Mooresville, NC 28115

Estimated Value: $295,000 - $309,000

3 Beds
2.5 Baths
1,520 Sq Ft
$198/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $166,500 $110 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,913/month

85 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • No HOA
  • Park View Elementary School Rated A-
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of February 2019

Great location just a few blocks to Downtown Mooresville and within Mooresville Graded School District! Beautiful home located in Underhill Village. This charming 3 Bedroom, 2 1/2 bathroom home has a main level with an open floorplan that includes a kitchen, breakfast area and family room with fireplace. Upstairs, the spacious master bedroom has a vaulted ceiling, en suite bathroom and walkin closet. This move-in ready home has been freshly painted and has had new carpet installed. Welcome home!

Last Agent to Sell the Property

Shawna Knutson

Keller Williams Unified Brokerage Email: knutson@kw.com License #294798 Listed on: 10/31/2018

Keller Williams Unified

Last Buyer's Agent

Bill Burns

LPT Realty, LLC License #96013

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,483

Year Built

  • Built in 2004

Lot Details

  • 2,613 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned NMX

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Park View / East Mooresville Is Elementary School
  • Mooresville Middle School
  • Mooresville High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Underhill Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4667-32-3332.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,483

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2004
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 109.54
  • Attribution Contact: knutson@kw.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 707
  • 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: 813
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1520
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Living Area: 1520
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 7
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Gas Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Mooresville
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.06
  • Lot Size Units: Acres
  • Parcel Number: 4667-32-3332.000
  • Plat Book Slide: 32-40
  • Lot Size Acres: 0.06
  • Lot Size: 38-67-38-73
  • Lot Size Sq Ft: 2613
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NMX

MLS Schools

  • Elementary School: Park View / East Mooresville IS
  • High School: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Feb 26, 2019
Sold by
Wilson Forrest and Wilson Bryn D
Bought by
Pan Seng Nu
Seller's Agent
Shawna Knutson
Keller Williams Unified
Buyer's Agent
Bill Burns
LPT Realty, LLC
List Price
$169,900
Sold Price
$166,500
Premium/Discount to List
-$3,400
-2%
Current Estimated Value
$296,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,841
Avg. Annual Appreciation
8.69%
Original Mortgage
$8,000
Outstanding Balance
$7,104
Interest Rate
4.4%
Mortgage Type
Unknown
Estimated Equity
$278,441

Purchase Details

Closed on
Apr 11, 2013
Sold by
Jpmorgan Chase Bank N A
Bought by
Wilson Forrest and Wilson Bryan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Hicks Kevin D
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 12, 2007
Sold by
Wells Fargo Bank Na
Bought by
Hicks Kevin D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Smith Stephanie
Bought by
Wells Fargo Bank Na and Freemont Investment & Loan Sabr 2005-Fr2

Purchase Details

Closed on
Jan 28, 2005
Sold by
Southampton Group Llc
Bought by
Smith Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,995
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 1996
Source: Public Records

Range of Values:

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Average Value
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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
Pan Seng Nu $167,000 None Available
Wilson Forrest $70,500 None Available
Jpmorgan Chase Bank National Association $85,425 None Available
Hicks Kevin D $110,000 None Available
Wells Fargo Bank Na $102,765 None Available
Smith Stephanie $116,000 --
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Seng Nu $8,000
Open Pan Seng Nu $161,505
Previous Owner Wilson Forrest $52,800
Previous Owner Hicks Kevin D $110,000
Previous Owner Smith Stephanie $103,995
Closed Smith Stephanie $5,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $166,500 -2.0% $110 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
10/31/2018 10/31/18 For Sale $169,900 -- $112 / 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 $3,483 $253,920 $45,000 $208,920
2023 $3,071 $253,920 $45,000 $208,920
2022 $1,929 $134,250 $24,000 $110,250
2021 $1,925 $134,250 $24,000 $110,250
2020 $1,925 $134,250 $24,000 $110,250
2019 $1,911 $134,250 $24,000 $110,250
2018 $1,368 $92,570 $10,000 $82,570
2017 $1,308 $92,570 $10,000 $82,570
2016 $1,308 $92,570 $10,000 $82,570
2015 $1,308 $92,570 $10,000 $82,570
2014 $1,379 $101,350 $15,000 $86,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3448048

Canopy MLS (Canopy Realtor® Association)

APN: 4667-32-3332.000