561 Oak Tree Rd Mooresville, NC 28117
Lake Norman NeighborhoodEstimated Value: $884,941 - $904,000
4
Beds
3.5
Baths
3,730
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Cathedral Ceiling
- Mud Room
- Lake Norman Elementary School Rated A-
- Wood Flooring
- 3-minute walk to Lochmere Park
About This Home
As of February 2023PRICE IMPROVEMENT!!! Beautiful quality custom built home in highly sought after Oak Tree Landing neighborhood on Brawley Peninsula. Waterview Property!!! Primary bedroom on main floor with newly renovated master bathroom. Newly resurfaced hard wood flooring through out the main level. Upstairs bedroom includes an on-suite. Three bay side load garage. Security system installed. The fenced in backyard is serene with mature trees. Plenty of room for a pool. The backyard adjoins wooded area with walking trails to Lake Norman Elementary School. Oak Tree Landing offers two pools, lake access and boat storage. The community offers a variety of activities and social events.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,176
Year Built
- Built in 2005
Lot Details
- 0.54 Acre Lot
- Fenced
- Open Lot
- Irrigation
- Property is zoned R3
HOA Fees
- $50 Monthly HOA Fees
Parking
- 3 Car Garage
Home Design
- Stone Siding
- Four Sided Brick Exterior Elevation
Interior Spaces
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Propane Fireplace
- Window Treatments
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- Wood Flooring
- Crawl Space
- Home Security System
Kitchen
- Breakfast Bar
- Built-In Self-Cleaning Convection Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Laundry
- Laundry Room
- Washer
- Laundry Chute
Accessible Home Design
- Bathroom has a 60 inch turning radius
- Low Kitchen Cabinetry
- More Than Two Accessible Exits
Outdoor Features
- Covered patio or porch
- Shed
Schools
- Woodland Heights Middle School
Utilities
- Central Air
- Vented Exhaust Fan
- Propane
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4637-51-0249.000
Community Details
Overview
- Bumgardner Association Management Association
- Oaktree Landing Subdivision
- Mandatory home owners association
Recreation
- Recreation Facilities
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 20, 2022
Closed on
Feb 23, 2023
Sold by
Allen Kevin S and Allen Anne Marie
Bought by
Campbell Michael Stephen and Campbell Amber Dawn
Seller's Agent
Jenn Hughes
Real Broker, LLC
Buyer's Agent
Tiffany Moore
Native Roots Real Estate LLC
List Price
$899,000
Sold Price
$809,500
Premium/Discount to List
-$89,500
-9.96%
Total Days on Market
108
Views
17
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
$83,235
Avg. Annual Appreciation
4.39%
Purchase Details
Listed on
Nov 21, 2020
Closed on
Jan 14, 2021
Sold by
Augustine Dominic J and Augustine Tammy J
Bought by
Allen Kevin S and Allen Anne Marie
Seller's Agent
Philip Ostwalt
Your Realty PRO Brokerage Services LLC
Buyer's Agent
Brelin Menard
Keller Williams Unified
List Price
$579,000
Sold Price
$575,000
Premium/Discount to List
-$4,000
-0.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$488,750
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2005
Sold by
White House Builders Inc
Bought by
Augustine Dominic J and Augustine Tammy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 20, 2004
Sold by
Gusto Llc
Bought by
White House Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 1997
Bought by
Morrison Cove Llc
Similar Homes in Mooresville, NC
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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 |
|---|---|---|---|
| Campbell Michael Stephen | $809,500 | Meridian Title | |
| Allen Kevin S | $575,000 | Lkn Title | |
| Augustine Dominic J | $470,000 | -- | |
| White House Builders Inc | $40,000 | -- | |
| Morrison Cove Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Campbell Michael Stephen | $65,000 | |
| Previous Owner | Allen Kevin S | $488,750 | |
| Previous Owner | Augustine Tammy J | $75,000 | |
| Previous Owner | Augustine Dominic J | $376,000 | |
| Previous Owner | White House Builders Inc | $355,000 | |
| Closed | Augustine Dominic J | $28,450 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2023 02/24/23 | Sold | $809,500 | -3.1% | $217 / Sq Ft |
| 02/06/2023 02/06/23 | Pending | -- | -- | -- |
| 01/10/2023 01/10/23 | Price Changed | $835,000 | -4.6% | $224 / Sq Ft |
| 11/06/2022 11/06/22 | Price Changed | $875,000 | -2.7% | $235 / Sq Ft |
| 10/20/2022 10/20/22 | For Sale | $899,000 | 0.0% | $241 / Sq Ft |
| 10/16/2022 10/16/22 | Price Changed | $899,000 | +56.3% | $241 / Sq Ft |
| 01/14/2021 01/14/21 | Sold | $575,000 | -0.7% | $158 / Sq Ft |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- |
| 11/21/2020 11/21/20 | For Sale | $579,000 | -- | $159 / 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 |
|---|---|---|---|---|
| 2024 | $8,176 | $715,850 | $106,250 | $609,600 |
| 2023 | $7,221 | $715,850 | $106,250 | $609,600 |
| 2022 | $5,617 | $486,570 | $55,000 | $431,570 |
| 2021 | $5,504 | $476,820 | $55,000 | $421,820 |
| 2020 | $5,504 | $476,820 | $55,000 | $421,820 |
| 2019 | $5,457 | $476,820 | $55,000 | $421,820 |
| 2018 | $4,986 | $434,700 | $55,000 | $379,700 |
| 2017 | $4,926 | $434,700 | $55,000 | $379,700 |
| 2016 | $4,926 | $434,700 | $55,000 | $379,700 |
| 2015 | $4,926 | $434,700 | $55,000 | $379,700 |
| 2014 | $4,350 | $381,240 | $55,000 | $326,240 |
Source: Public Records
Agents Affiliated with this Home
-
Jenn Hughes
J
Seller's Agent in 2023
Jenn Hughes
Real Broker, LLC
(704) 657-6312
1 in this area
5 Total Sales
-
Tiffany Moore
Buyer's Agent in 2023
Tiffany Moore
Native Roots Real Estate LLC
(704) 408-7848
7 in this area
103 Total Sales
-
Philip Ostwalt
Seller's Agent in 2021
Philip Ostwalt
Your Realty PRO Brokerage Services LLC
(704) 928-5555
4 in this area
206 Total Sales
-
Brelin Menard
Buyer's Agent in 2021
Brelin Menard
Keller Williams Unified
(619) 933-6376
7 in this area
108 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3912032
APN: 4637-51-0249.000
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