NOT LISTED FOR SALE

550 Kenway Loop Mooresville, NC 28117

Estimated Value: $799,000 - $1,023,000

4 Beds
3.5 Baths
3,596 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $777,194 $216 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,158/month

196 Days on Market

Highlights

  • New Construction
  • 0.71 Acre Lot
  • Deck
  • Lakeshore Elementary School Rated A-
  • Open Floorplan
  • Wooded Lot

About This Home

As of April 2022

New construction in booming Mooresville, NC. Welcome to the peaceful & quiet community of Fernleaf, located just off Fernhill Rd. This proposed, semi-custom home, located on a large lot, is your chance to enjoy the privacy that welcomes you home in Fernleaf. Lot 5 is a 0.71+/- acre lot with a proposed “Brighton” model. This 2 story farmhouse-style home has four spacious bedrooms and 3 baths with a luxurious and spacious primary bedroom. Standard Upgrades include site-finished natural white oak hardwood floors, granite countertops, stainless steel appliances, modern light fixtures, and hardware! Enjoy an HOA-free community. Shopping and local schools less than a 10-minute drive. Approximately a 10-minute drive to Lake Norman State Park for a breath of fresh air. These are the last 6 homesites available from the developer in Fernleaf! 3D tours are available. All Photos Are A Builder Representation.

Last Agent to Sell the Property

Lisa Cernuto

Mooresville Realty LLC Brokerage Email: lisa@mooresvillerealty.com License #201272 Listed on: 12/09/2020

Mooresville Realty LLC

Co-Listed By

Rich Landis

Mooresville Realty LLC Brokerage Email: lisa@mooresvillerealty.com License #315790

Last Buyer's Agent

Heather Cook

Real Broker, LLC License #294553

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.71 Acre Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Central Heating
  • Heat Pump System
  • Well Required
  • Gas Water Heater
  • Septic Needed
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Princeton Homes
  • Fernleaf Subdivision, Brighton Floorplan

Listing and Financial Details

  • Assessor Parcel Number 4638-28-5834.000

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0.71 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2021
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-01-17
  • Restrictions Description: Deed Restrictions
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 216.13
  • Attribution Contact: lisa@mooresvillerealty.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Other, Cable Prewire, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1609
  • 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: 1987
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 3596
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Unvented, Living Room
  • Living Area: 3596
  • Bedroom Main: 1

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Needed, None
  • Laundry Features: Laundry Room, Main Level, Upper Level
  • Cooling: Ceiling Fan(s), Heat Pump
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4638-28-5834.000
  • Plat Book Slide: 58/116
  • Development Status: Proposed
  • Lot Size Acres: 0.71
  • Lot Size: 100Rx308x103x309
  • Lot Size Sq Ft: 30927
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Building Info

  • Builder Name: Princeton Homes

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Apr 14, 2022
Sold by
Princeton Homes Llc
Bought by
Talbot Paul M and Oneil Kelly K
Seller's Agent
Lisa Cernuto
Mooresville Realty LLC
Buyer's Agent
Heather Cook
Real Broker, LLC
List Price
$773,404
Sold Price
$777,194
Premium/Discount to List
$3,790
0.49%
Current Estimated Value
$925,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,041
Avg. Annual Appreciation
4.25%
Original Mortgage
$617,923
Outstanding Balance
$575,229
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$338,679

Purchase Details

Closed on
Aug 6, 2021
Sold by
Woodbridcie Partners Llc
Bought by
Princeton Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,548
Interest Rate
2.9%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Talbot Paul M $777,500 None Listed On Document
Princeton Homes Llc $79,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Talbot Paul M $617,923
Previous Owner Princeton Homes Llc $477,548
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $777,194 +0.5% $216 / Sq Ft
02/18/2022 02/18/22 For Sale $773,404 0.0% $215 / Sq Ft
09/07/2021 09/07/21 Price Changed $773,404 +8.9% $215 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $710,000 +4.5% $197 / Sq Ft
02/05/2021 02/05/21 Price Changed $679,300 +3.7% $189 / Sq Ft
12/09/2020 12/09/20 For Sale $655,335 -- $182 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,756 $782,660 $80,000 $702,660
2024 $4,756 $782,660 $80,000 $702,660
2023 $4,756 $782,660 $80,000 $702,660
2022 $1,194 $177,950 $65,000 $112,950
2021 $408 $65,000 $65,000 $0
2020 $408 $65,000 $65,000 $0
2019 $392 $65,000 $65,000 $0
2018 $418 $70,000 $70,000 $0
2017 $418 $70,000 $70,000 $0
2016 $418 $70,000 $70,000 $0
2015 $418 $70,000 $70,000 $0
2014 $466 $84,000 $84,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3679837

Canopy MLS (Canopy Realtor® Association)

APN: 4638-28-5834.000

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