NOT LISTED FOR SALE

527 Pennington Ferry Dr Unit 26 New London, NC 28127

Estimated Value: $513,000 - $624,000

0.56 Acre
$1,012,500 Price per Acre
24,394 Sq Ft Lot

Last Sold July 14, 2021

Last sale price $375,000

Est. 6% increase in value since last sale

Current estimated payment $2,668/month

671 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Lake
  • Access To Lake
  • Waterfront
  • Clubhouse

About This Lot

As of July 2021

Pristine Waterfront – best value at Badin Lake for a main body Waterfront Lot. Located at the end of the cul-de-sac leading to a wide-open view of the water with over 200 feet of water frontage. Gently sloping lot offers ease in construction and panoramic views of the lake. Eligible for its own pier, this property is close to the main entrance. Enjoy year-round golf, tennis, swimming, and neighborhood marina at Old North State Golf Course.

Last Agent to Sell the Property

George McDowell

Premier Sotheby's International Realty License #277251 Listed on: 08/27/2019

Premier Sotheby's International Realty

Last Buyer's Agent

George McDowell

Premier Sotheby's International Realty License #277251 Listed on: 08/27/2019

Premier Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $183 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 6673-18-32-1479

Community Details

Overview

  • Uwarrie Point Community Association, Phone Number (336) 461-5344
  • Community Lake

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Putting Green
  • Trails
  • Access To Lake

Additional Features

  • Clubhouse
  • Security
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.78947
  • Ratio Current Price By Acre: 669642.86
  • Restrictions: Architectural Review, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 336-461-5344

Utilities

  • Sewer: County Sewer
  • Water: County Water

Condo/Co-op/Association

  • Community Features: Club House, Gated Community, Golf Course, Lake, Lake Access, Outdoor Pool, Putting Green, Recreation Area, Security, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 550.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Uwarrie Point Community Association
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 240 x 73 x 146 x 172
  • Lot Features: Cul-de-sac Lot, Lake Access, Long Range View, Lake, Private, Sloping, Trees, Water view, Waterfront, Wooded
  • Parcel Number: 6673-18-32-1479
  • Zoning Specification: Res 1

Tax Info

  • Tax Value: 420000.00
  • Tax Location: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Jul 9, 2021
Sold by
White Rosanne C and The Rosanne C Rubbo White Livi
Bought by
Rush Todd M and Rush Carol B
Seller's Agent
George McDowell
Premier Sotheby's International Realty
Buyer's Agent
George McDowell
Premier Sotheby's International Realty
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%
Current Estimated Value
$398,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,533
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jul 26, 2007
Sold by
Peifer Charles L and Peifer Cynthia H
Bought by
Rosanne C Rubbo White Living Trust
Source: Public Records

Range of Values:

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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
Rush Todd M $375,000 None Available
Rosanne C Rubbo White Living Trust $515,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2021 07/14/21 Sold $375,000 0.0% --
01/14/2021 01/14/21 Price Changed $375,000 -13.8% --
06/30/2020 06/30/20 Price Changed $435,000 -8.4% --
08/27/2019 08/27/19 For Sale $475,000 -- --
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
2025 -- $378,000 $378,000 $0
2024 -- $378,000 $378,000 $0
2023 -- $378,000 $378,000 $0
2022 $0 $378,000 $378,000 $0
2021 $2,533 $378,000 $378,000 $0
2020 $2,814 $420,000 $420,000 $0
2018 $1,890 $280,000 $280,000 $0
2017 $1,890 $280,000 $280,000 $0
2016 $1,890 $280,000 $280,000 $0
2015 $1,764 $280,000 $0 $0
2014 $1,764 $280,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3544457

Canopy MLS (Canopy Realtor® Association)

APN: 6673-18-32-1479