NOT LISTED FOR SALE

542 Laurel Cove Rd Statesville, NC 28677

Estimated Value: $801,000 - $934,000

3 Beds
2.5 Baths
1,811 Sq Ft
$476/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $625,000 $345 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,871/month

1 Day on Market

Highlights

  • Waterfront
  • Circular Driveway
  • Fireplace
  • Wood Flooring
  • Separate Outdoor Workshop
  • Fire Pit

About This Home

As of April 2021

SPECTACULAR SUNSETS, SUN and FUN surround this property on the peaceful northern portion of Lake Norman. This well maintained 3 bedroom, 2 1/2 bath cabin nestled down a cul-de-sac road has many surprises offering a potential buyer. Gated and fenced lot, deeded covered boat dock with lift, jet ski ramp as well as a covered cabana. While enjoying family, friends and guests on 2 levels of the home you will have the awesome opportunity to watch the Eagles sore and bird habitats while taking awe-inspiring photos. The open, gently sloping lot at .85 acres offers plenty of space for pets and the outdoor enthusiast all the while enjoying the fruit from the peach, fig trees, blueberries and more. This gem of a property will surely offer something for anyone who seeks fun in the sun or simply peaceful evenings on the water at Lake Norman. If if you're looking for a workshop, this property is equipped with one near the top of the property for the hobbyist. Kitchenette in basement level.

Last Agent to Sell the Property

Janet Farist

Keller Williams Unified License #315394 Listed on: 03/12/2021

Keller Williams Unified

Co-Listed By

Connie Hughes

Ameridream Realty Inc License #158894

Last Buyer's Agent

Erin Kranz

EXP Realty LLC Mooresville License #317395

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 0.85

Parking

  • Circular Driveway

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop

Additional Features

  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4710-48-6323.000

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story/Basement
  • Architectural Style: Cabin
  • Ratio Close Price By List Price: 1.08696
  • Ratio Close Price By Original Li: 1.08696
  • Ratio Current Price By Acre: 735294.12
  • Ratio Current Price By Sq Ft: 345.11
  • Year Built: 1984
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 415
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Wall Oven
  • Fireplace Description: Living Room, Woodstove
  • Fireplace: Yes
  • Fixture Exception Description: tools in workshop attached to walls/benches
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Basement
  • Room Count: 3
  • Sq Ft Basement: 660
  • Main Level Sq Ft: 736
  • Total Sq Ft: 1811
  • Sq Ft Unheated Basement: 72
  • Sq Ft Unheated Total: 72

Exterior Features

  • Construction: Log, Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, Workshop

Garage/Parking

  • Driveway: Asphalt, Circular
  • Parking: Driveway, Parking Space - 3

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: 100rdX361X102WFX370
  • Lot Features: Lake, Sloping, Views, Water view, Waterfront, Year Round View
  • Parcel Number: 4710-48-6323.000
  • Plat Book Slide: 9/41
  • Plat Reference Section Pages: 9/41
  • Zoning Specification: R20

Tax Info

  • Tax Value: 380340.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2023
Sold by
Hupfer Robert L and Hupfer Susanne
Bought by
Hupfer Living Trust
Current Estimated Value
$862,160

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 20, 2021
Sold by
Worsham Mark Stephen and Worsham Melody A
Bought by
Hupfer Robert L and Hupfer Susanne
Seller's Agent
Janet Farist
Keller Williams Unified
Buyer's Agent
Erin Kranz
EXP Realty LLC Mooresville
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2014
Sold by
Turnage Louis Westfield and Turnage Kimberly S
Bought by
Worsham Mark Stephen and Worsham Melody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1998
Sold by
Smith Michael K and Smith Kathleen S
Bought by
Turnage Louis Westfield and Turnage Pamela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,850
Interest Rate
6.87%

Purchase Details

Closed on
Jul 1, 1997

Purchase Details

Closed on
Mar 1, 1983

Purchase Details

Closed on
Jun 1, 1981

Purchase Details

Closed on
Jun 1, 1972
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
Hupfer Living Trust -- None Listed On Document
Hupfer Living Trust -- None Listed On Document
Hupfer Robert L $625,000 None Available
Hupfer Robert L -- None Listed On Document
Worsham Mark Stephen $377,000 The Title Co Of North Caroli
Turnage Louis Westfield -- None Available
Turnage Louis Westfield $252,500 --
-- $219,000 --
-- $27,500 --
-- $17,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hupfer Robert L $500,000
Previous Owner Turnage Louis Westfield $195,000
Previous Owner Turnage Louis Westfield $239,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $625,000 +8.7% $345 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $575,000 -- $318 / 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 $3,922 $623,310 $253,000 $370,310
2023 $3,800 $623,310 $253,000 $370,310
2022 $3,267 $503,090 $253,000 $250,090
2021 $2,443 $380,340 $253,000 $127,340
2020 $2,443 $380,340 $253,000 $127,340
2019 $2,348 $380,340 $253,000 $127,340
2018 $2,310 $377,840 $253,000 $124,840
2017 $2,310 $377,840 $253,000 $124,840
2016 $2,310 $377,840 $253,000 $124,840
2015 $2,310 $377,840 $253,000 $124,840
2014 $2,191 $380,150 $247,500 $132,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3717214

Canopy MLS (Canopy Realtor® Association)

APN: 4710-48-6323.000