$375,000
SOLD JUL 11, 2019
0.68 Acre
$551,471 Price per Acre
29,621 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

6% Below List Price

About This Lot

As of January 2020

Beautiful 0.68 acre lot in popular Mammoth Oaks. House on property being sold as. New custom homes in Mammoth Oaks and Jefferson Park are selling in the $1.5M+ range. 110' wide ~300' deep wooded lot. Water & Sewer tap fees already paid. Similar lots have sold (or are listed) for more than $400K. Great opportunity to build a custom home on a great lot! Bring your own builder or Goodwin Custom Homes who is building a ~4,500 sq. ft. custom home next door will be glad to help.

Last Agent to Sell the Property

Robert Bugg

Wildlands Realty LLC License #211203 Listed on: 06/22/2019

Last Buyer's Agent

Nicholas Peters

Peters & Associates, Inc License #C19864

Property Details

Property Type

  • Land

Listing and Financial Details

  • Assessor Parcel Number 18701120

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.94032
  • Ratio Close Price By Original Li: 0.94032
  • Ratio Current Price By Acre: 551470.59
  • Restrictions: No Representation
  • Habitable Residence Yn: Yes
  • Special Features: None

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Hoa Subject To Dues: Voluntary

Schools

  • Elementary School: Lansdowne
  • Middle School: McClintock
  • High School: East Mecklenburg

Lot Info

  • Lot Dimension: ~110 X ~ 300
  • Lot Size Area: 0.680
  • Parcel Number: 18701120
  • Zoning Specification: R-3
  • Plat Book Slide: MB 63 P 742
  • Plat Reference Section Pages: 172-173

Tax Info

  • Tax Value: 398800.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Ruffin Helena and Robins Shari Lynne
Bought by
Ruffin Helena and Robins Shari Lynne
Current Estimated Value
$1,529,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$985,600
Outstanding Balance
$885,147
Interest Rate
3.2%
Mortgage Type
Construction
Estimated Equity
$644,142

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 16, 2020
Sold by
Nexius Llc
Bought by
Ruffin Helena and Ruffin Helena Ann
Seller's Agent
Nicholas Peters
Peters & Associates, Inc
Buyer's Agent
David Dunn
David Dunn RE LLC
List Price
$478,700
Sold Price
$450,000
Premium/Discount to List
-$28,700
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$292,500
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 22, 2019
Closed on
Jul 11, 2019
Sold by
Bugg Robert W and Bugg Jeanette L
Bought by
Nexius Llc
Seller's Agent
Robert Bugg
Wildlands Realty LLC
Buyer's Agent
Nicholas Peters
Peters & Associates, Inc
List Price
$398,800
Sold Price
$375,000
Premium/Discount to List
-$23,800
-5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.06%

Purchase Details

Closed on
Oct 12, 2018
Sold by
Jenkins Patricia H
Bought by
Bugg Robert W and Bugg Jeannette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 1971
Bought by
Jenkins Patricia H
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $450,000 None Available
Warranty Deed $375,000 Morehead Title
Warranty Deed $400,000 Morehead Title Co
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $985,600 Construction
Closed $292,500 Future Advance Clause Open End Mortgage
Previous Owner $1,020,000 Construction
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $450,000 -6.0% $138 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $478,700 +27.7% $147 / Sq Ft
07/11/2019 07/11/19 Sold $375,000 -6.0% $115 / Sq Ft
06/22/2019 06/22/19 For Sale $398,800 -- $123 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
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
2023 $9,260 $1,243,500 $600,000 $643,500
2022 $5,043 $522,600 $325,000 $197,600
2021 $4,670 $483,900 $325,000 $158,900
2020 $3,136 $398,800 $325,000 $73,800
2019 $3,940 $398,800 $325,000 $73,800
2018 $5,619 $422,700 $285,000 $137,700
2017 $5,534 $422,700 $285,000 $137,700
2016 $5,525 $422,700 $285,000 $137,700
2015 $5,513 $422,700 $285,000 $137,700
2014 $5,491 $422,700 $285,000 $137,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3519568

Canopy MLS (Canopy Realtor® Association)

APN: 187-011-20