NOT LISTED FOR SALE

527 Kemp Rd Mooresville, NC 28117

Estimated Value: $992,000 - $1,173,655

3 Beds
3 Baths
3,005 Sq Ft
$359/Sq Ft Est. Value

Last Sold February 20, 2019

Last sale price $526,500 $175 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,008/month

75 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • Woodland Heights Elementary School Rated A-
  • Traditional Architecture
  • Walk-In Pantry

About This Home

As of February 2019

Waterfront 3 BR, 3BA ranch w/basement! Tons of unfinished area on the lower level! Walk in and enjoy the view. Home sits in a cove but main channel not far. Large kitchen with eating area and tons of cabinet space. Spacious great room with big windows to take in the view. Dining room also overlooks the lake. Master on main has sliding doors to outside w/ensuite bath featuring walk in shower and separate tub. Second bedroom on main with access to full bath in hallway. Office on main. Lower level has a bedroom, full bath, recreational area and so much unfinished basement space! Screened porch off the back of home to sit out and enjoy the beautiful Carolina weather. This home was custom built so take it and make it your own! Won't find a waterfront home at this price in this convenient location!! A must see!!

Last Agent to Sell the Property

G.I. 'Lawrie' Lawrence

Century 21 Lawrie Lawrence License #270379 Listed on: 10/23/2018

Century 21 Lawrie Lawrence

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 1991

Lot Details

  • Waterfront
  • Irrigation
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Wet Bar
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Shed
  • Well

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4626-27-5625.000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95902
  • Ratio Close Price By Original Li: 0.87896
  • Ratio Current Price By Acre: 474324.32
  • Ratio Current Price By Sq Ft: 175.21
  • Year Built: 1991
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Partially Finished
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Exhaust Fan, Electric Oven
  • Fixture Exception Description: Direct TV Equipment
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Other, Built-Ins, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Basement: 927
  • Main Level Sq Ft: 2078
  • Total Sq Ft: 3005
  • Sq Ft Unheated Basement: 1054
  • Sq Ft Unheated Main: 530
  • Sq Ft Unheated Total: 1584

Exterior Features

  • Construction: Brick Full, Wood
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Electric Hot Air, Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Woodland Heights
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 291x188x93x46x43x33x227
  • Lot Features: Trees, Water view, Waterfront
  • Lot Size Area: 1.110
  • Parcel Number: 4626-27-5625.000
  • Zoning Specification: RR

Tax Info

  • Tax Value: 426000.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Feb 20, 2019
Sold by
Masson James and Masson Family Trust
Bought by
Lumadue Robert S
Seller's Agent
G.I. 'Lawrie' Lawrence
Century 21 Lawrie Lawrence
Buyer's Agent
Paul Tyson
Lake Norman Realty, Inc.
List Price
$599,000
Sold Price
$526,500
Premium/Discount to List
-$72,500
-12.1%
Current Estimated Value
$1,080,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,664
Avg. Annual Appreciation
11.34%
Original Mortgage
$421,200
Outstanding Balance
$369,555
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$710,609

Purchase Details

Closed on
May 17, 2018
Sold by
Masson James and Masson James
Bought by
Masson James and Mason Family Trust

Purchase Details

Closed on
Oct 1, 1992

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
Sep 1, 1987

Purchase Details

Closed on
Aug 1, 1987
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
Lumadue Robert S $526,500 Meridian Title Company
Masson James -- None Available
-- -- --
-- -- --
-- $90,000 --
-- $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumadue Robert S $421,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2019 02/20/19 Sold $526,500 -4.1% $175 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
12/04/2018 12/04/18 Price Changed $549,000 -8.3% $183 / Sq Ft
10/23/2018 10/23/18 For Sale $599,000 -- $199 / 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 $4,247 $709,580 $371,250 $338,330
2023 $4,247 $709,580 $371,250 $338,330
2022 $3,047 $476,030 $261,250 $214,780
2021 $3,043 $476,030 $261,250 $214,780
2020 $3,043 $476,030 $261,250 $214,780
2019 $2,995 $476,030 $261,250 $214,780
2018 $2,597 $426,000 $220,000 $206,000
2017 $2,597 $426,000 $220,000 $206,000
2016 $2,597 $426,000 $220,000 $206,000
2015 $2,597 $426,000 $220,000 $206,000
2014 $2,492 $439,590 $220,000 $219,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3443967

Canopy MLS (Canopy Realtor® Association)

APN: 4626-27-5625.000