561 Oak Tree Rd Mooresville, NC 28117
Lake Norman Neighborhood
4
Beds
3.5
Baths
3,646
Sq Ft
0.54
Acres
Highlights
- Clubhouse
- Traditional Architecture
- Community Pool
- Lake Norman Elementary School Rated A-
- Wood Flooring
- 3-minute walk to Lochmere Park
About This Home
As of February 2023Don't miss this rare brick home at Lake Norman with lake access. This beautiful 4 bedroom 3.5 bathroom home sits on a large lot with fenced in backyard. With paid HOA fee, this home offers 2 community pools with cabanas and boat ramp... Pool #1 (Wyndham Shores side) has splash pool, Pool #2 and boat ramp on Castles Gate in Morrison Cove sits in a quiet lakeside cove. From the oversized Master Suite on main with large custom tile bathroom, to the gourmet style kitchen this home offers great custom features. Front office space off the foyer offers natural sunlight and beautiful wainscoting around the room. One bedroom upstairs has its own full bath, and the other is a Jack and Jill bathroom between 2 bedrooms. New carpet in areas of the home and wood flooring throughout. The 3 car courtyard style garage has plenty of storage.
Last Agent to Sell the Property
Your Realty PRO Brokerage Services LLC License #286268 Listed on: 11/21/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- Level Lot
HOA Fees
- $46 Monthly HOA Fees
Parking
- Attached Garage
Home Design
- Traditional Architecture
- Stone Siding
Interior Spaces
- Tray Ceiling
- Gas Log Fireplace
- Bonus Room with Fireplace
- Crawl Space
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Garden Bath
Listing and Financial Details
- Assessor Parcel Number 4637-51-0249.000
Community Details
Overview
- Bumgardner Management Association, Phone Number (704) 829-7878
Amenities
- Clubhouse
Recreation
- 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%
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
$69,505
Avg. Annual Appreciation
3.67%
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $809,500 | Meridian Title | |
| Warranty Deed | $575,000 | Lkn Title | |
| Warranty Deed | $470,000 | -- | |
| Warranty Deed | $40,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $65,000 | Credit Line Revolving | |
| Previous Owner | $488,750 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $376,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $355,000 | Purchase Money Mortgage | |
| Closed | $28,450 | No Value Available |
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
-
J
Seller's Agent in 2023
Jenn Hughes
Real Broker, LLC
(704) 657-6312
1 in this area
5 Total Sales
-
Buyer's Agent in 2023
Tiffany Moore
Native Roots Real Estate LLC
(704) 408-7848
8 in this area
102 Total Sales
-
Seller's Agent in 2021
Philip Ostwalt
Your Realty PRO Brokerage Services LLC
(704) 928-5555
4 in this area
205 Total Sales
-
Buyer's Agent in 2021
Brelin Menard
Keller Williams Unified
(619) 933-6376
7 in this area
106 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3682785
APN: 4637-51-0249.000
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