NOT LISTED FOR SALE

Estimated Value: $880,000 - $989,861

4 Beds
3.5 Baths
3,353 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $620,000 $185 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,953/month

104 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Wetlands on Lot
  • Lake Norman Elementary School Rated A-
  • Community Lake
  • 2-minute walk to Lochmere Park

About This Home

As of October 2020

Newer construction! Unique, California ranch style modern home – light filled, open, and relaxing. Vaulted ceilings, spectacular master suite with spa-like bathroom. Separate lower level bedroom suite with full bath and w/o basement. Huge kitchen, amazing glass tile fireplace, deep covered porches, extremely well built. Beautiful treed lot on a quiet street. Natural, low maintenance landscaping – perennial gardens, fern garden, shrubs & wildflowers for pollinators and so much more! NO LAWN to maintain. Waterfront home in a quiet cove with an area to launch kayaks, canoes, and paddleboards – NO DOCK ALLOWED, but there are 2 Community Pool (off Queensbury and Castlegate) and Community Boat Ramp and Pier access off Castlegate. Wonderful home for nature lovers. Certified Wildlife Habitat - ask for the list of plantings!

Last Agent to Sell the Property

Lisa Sharp

Nest Realty Lake Norman License #252320 Listed on: 05/28/2020

Nest Realty Lake Norman

Last Buyer's Agent

Joe Puma

Puma & Associates Realty, Inc. License #217818

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Waterfront
  • Many Trees

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Attached Garage

Interior Spaces

  • Open Floorplan
  • Skylights
  • Gas Log Fireplace
  • Insulated Windows
  • Breakfast Bar

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Wetlands on Lot
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4637-50-0905.000

Community Details

Overview

  • Bumgardner Mgmt. Association, Phone Number (704) 829-7878
  • Community Lake

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95385
  • Ratio Close Price By Original Li: 0.91852
  • Ratio Current Price By Acre: 1240000.00
  • Ratio Current Price By Sq Ft: 184.91
  • Year Built: 2017
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Electric Oven, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Surround Sound, Wall Oven, Washer
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Fixture Exception Description: Dining Room and Laundry Room Chandeliers
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-829-7878
  • Interior Amenities: Attic Other, Breakfast Bar, Built-Ins, Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Lower Level Sq Ft: 645
  • Main Level Sq Ft: 2708
  • Total Sq Ft: 3353

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas, g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Lake, Outdoor Pool
  • Association Fee: 137.50
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Bumgardner Mgmt.
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Woodland Heights
  • Middle School: Woodland Heights
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 122X94X189X196
  • Lot Features: Trees, Views, Water view, Waterfront, Wetlands, Year Round View
  • Lot Size Area: 0.500
  • Parcel Number: 4637-50-0905.000
  • Zoning Specification: R3

Tax Info

  • Tax Value: 461600.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Oct 19, 2020
Sold by
Reilly Christopher John and Reilly Diane
Bought by
Mccauley James Bruce and Mccauley Polly H
Seller's Agent
Lisa Sharp
Nest Realty Lake Norman
Buyer's Agent
Joe Puma
Puma & Associates Realty, Inc.
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%
Total Days on Market
104
Current Estimated Value
$938,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,715
Avg. Annual Appreciation
9.39%
Original Mortgage
$496,000
Outstanding Balance
$447,105
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$491,610

Purchase Details

Closed on
Aug 30, 2018
Sold by
Reily Christopher John and Reily Diane
Bought by
Reily Christopher John and Reily Diane

Purchase Details

Listed on
Nov 12, 2014
Closed on
Jun 29, 2015
Sold by
Mccullough Dicy
Bought by
Reilly Christopher John
Seller's Agent
Joni Gabriel
Southern Homes of the Carolinas, Inc
Buyer's Agent
Joni Gabriel
Southern Homes of the Carolinas, Inc
List Price
$104,900
Sold Price
$77,000
Premium/Discount to List
-$27,900
-26.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.61%

Purchase Details

Closed on
Oct 31, 2003
Sold by
Morrison Cove Llc
Bought by
Mccullough Michael and Mccullough Dicy

Purchase Details

Closed on
Dec 1, 1997
Bought by
Morrison Cove Llc

Purchase Details

Closed on
Jan 1, 1996
Source: Public Records

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Range of Values:

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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
Mccauley James Bruce $620,000 None Available
Reily Christopher John -- None Available
Reilly Christopher John $77,000 None Available
Mccullough Michael $68,000 --
Morrison Cove Llc -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Polly H $125,000
Open Mccauley James Bruce $496,000
Previous Owner Reilly Diane F $120,000
Previous Owner Reilly Diane $250,500
Previous Owner Reily Diane F $330,000
Previous Owner Reilly Christopher J $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $620,000 -4.6% $185 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/11/2020 08/11/20 Price Changed $650,000 -3.7% $194 / Sq Ft
08/08/2020 08/08/20 For Sale $675,000 +8.9% $201 / Sq Ft
07/31/2020 07/31/20 Off Market $620,000 -- --
05/28/2020 05/28/20 For Sale $675,000 +776.6% $201 / Sq Ft
06/29/2015 06/29/15 Sold $77,000 -26.6% --
06/01/2015 06/01/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $104,900 -- --
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 $7,643 $756,290 $187,500 $568,790
2023 $7,643 $756,290 $187,500 $568,790
2022 $5,338 $461,600 $120,000 $341,600
2021 $5,334 $461,600 $120,000 $341,600
2020 $5,158 $461,600 $120,000 $341,600
2019 $5,112 $461,600 $120,000 $341,600
2018 $4,571 $408,050 $82,500 $325,550
2017 $1,329 $120,000 $120,000 $0
2016 $1,329 $120,000 $120,000 $0
2015 $1,329 $120,000 $120,000 $0
2014 -- $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3624301

Canopy MLS (Canopy Realtor® Association)

APN: 4637-50-0905.000