Seller's Agent in 2019
Lynn Norman
Lake Tillery Properties LLC
(910) 439-2030
195 Total Sales
531 Lake Forest Dr New London, NC 28127
Estimated Value: $576,000 - $714,000
5
Beds
2.5
Baths
2,501
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Waterfront
- Community Lake
- Wood Flooring
- Open Floorplan
- Traditional Architecture
- Breakfast Bar
About This Home
As of October 2019Deep, deep water and Huge lot! Waterfront Home Perfect for Entertaining!This lake home has 5 bedrooms plus a bonus room to use as you like (the 2 basement bedrooms do not have windows), and with 2 full baths and a half bath it has so much to offer! 2 full kitchens! Lovely glass sunroom overlooking the lake. 2 fireplaces and 2 living rooms for lots of entertaining and company! 2 nice kitchens to feed everyone! Several outdoor decks & covered concrete patio for al fresco dining as well! Big boat slip, nice seawall, one boat ramp and 4 jet ski ramps included!
Last Agent to Sell the Property
Lake Tillery Properties LLC License #159889 Listed on: 03/14/2019
Last Buyer's Agent
Non Member
Canopy Administration
Home Details
Home Type
- Single Family
Year Built
- Built in 1964
Lot Details
- 0.44
Parking
- Gravel Driveway
Home Design
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- Open Floorplan
- Gas Log Fireplace
- Window Treatments
- Storm Doors
- Breakfast Bar
Flooring
- Wood
- Carpet
- Vinyl
Additional Features
- Shed
- Waterfront
Community Details
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 6663-12-86-8238
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2019
Closed on
Sep 26, 2019
Sold by
Pierce Edna Mae and Pierce Calvin Eugene
Bought by
Newton Douglas B and Newton Lisa S
Seller's Agent
Lynn Norman
Lake Tillery Properties LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$409,000
Sold Price
$325,000
Premium/Discount to List
-$84,000
-20.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,877
Avg. Annual Appreciation
12.35%
Original Mortgage
$292,500
Outstanding Balance
$256,245
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$405,632
Purchase Details
Closed on
Sep 17, 2007
Sold by
Johnson Everette and Johnson Lucille H
Bought by
Needham Charles Lee and Pierce Edna Mae
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newton Douglas B | $325,000 | None Available | |
| Needham Charles Lee | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newton Douglas B | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2019 10/02/19 | Sold | $325,000 | -16.5% | $130 / Sq Ft |
| 08/29/2019 08/29/19 | Pending | -- | -- | -- |
| 06/18/2019 06/18/19 | Price Changed | $389,000 | -2.5% | $156 / Sq Ft |
| 04/17/2019 04/17/19 | Price Changed | $399,000 | -2.4% | $160 / Sq Ft |
| 03/14/2019 03/14/19 | For Sale | $409,000 | -- | $164 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2025 | $2,183 | $318,679 | $129,870 | $188,809 |
| 2024 | $2,183 | $318,679 | $129,870 | $188,809 |
| 2023 | $2,183 | $318,679 | $129,870 | $188,809 |
| 2022 | $2,183 | $318,679 | $129,870 | $188,809 |
| 2021 | $2,135 | $318,679 | $129,870 | $188,809 |
| 2020 | $2,135 | $318,679 | $129,870 | $188,809 |
| 2018 | $2,874 | $425,800 | $222,000 | $203,800 |
| 2017 | $2,874 | $425,800 | $222,000 | $203,800 |
| 2016 | $2,874 | $425,800 | $222,000 | $203,800 |
| 2015 | $2,683 | $425,800 | $0 | $0 |
| 2014 | $2,683 | $425,826 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Norman
-
N
Buyer's Agent in 2019
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3483456
APN: 6663-12-86-8238
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