NOT LISTED FOR SALE

580 Morganwood Dr West End, NC 27376

Estimated Value: $997,000

23.88 Acres
$41,750 Price per Acre
1,040,213 Sq Ft Lot

Last Sold February 01, 2013

Last sale price $100,000

Est. 897% increase in value since last sale

Current estimated payment $5,753/month

About This Lot

As of February 2013

ONE OF A KIND LOT IN THE MORGANWOODS AREA OF SEVEN LAKES WEST. THIS LOT CAN HOLD UP TO 19 HORSES AS STATED BY THE COVENANTS. SEVEN LAKES WEST IS A GATED COMMUNITY WITH A 1,000 ACRE SPRING FED LAKE, CLUBHOUSE, POOL, TENNIS COURTS, KIDS PARK, BOAT LANDING AND GOLF COURSE. VERY UNIQUE OPPORTUNITY TO HAVE A LARGE PARCEL OF LAND FOR WHATEVER YOU CHOOSE WHETHER IT'S HORSES, A GARDEN OR JUST PRIVACY. LOT IS LOCATED AT THE END OF THE STREET AND HAS UNLIMITED POSSIBILITIES. NOW PRICED TO SELL AT $5000 PER ACRE. GREAT VALUE FOR A PARCEL THIS LARGE. UNBELIEVABLE NEW PRICE FOR THIS MUCH LAND AT THIS PRICE IN THE SEVEN LAKES WEST COMMUNITY.

Last Agent to Sell the Property

Ross Laton

Weichert, REALTORS - Larose & Company Listed on: 02/01/2013

Last Buyer's Agent

Ross Laton

Weichert, REALTORS - Larose & Company Listed on: 02/01/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,867

Lot Details

  • 23.88

HOA Fees

  • $56 Monthly HOA Fees

Additional Features

  • 23.88 Acre Lot
  • Sewer Not Available

Community Details

  • 7 Lakes West Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,867

Lot Details

0

HOA Fees

$56 per month

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Municipal Water, No Sewer

Association/Amenities

  • HOAAssociationFee1Year: 672.00

Lot Info

  • Deed Page: 306.00
  • Acres: 23.88
  • List Price per Acre: 5020.94

Tax Info

  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
Jan 25, 2013
Sold by
Gs Communities Llc
Bought by
Silva Henrique A and Silva Erin E
Seller's Agent
Ross Laton
Weichert, REALTORS - Larose & Company
Buyer's Agent
Ross Laton
Weichert, REALTORS - Larose & Company
Sold Price
$100,000
Current Estimated Value
$997,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,000
Avg. Annual Appreciation
19.99%
Original Mortgage
$82,000
Interest Rate
3.38%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Silva Henrique A $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva Henrique A $416,000
Closed Silva Henrique A $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2013 02/01/13 Sold $100,000 -- --
Source: Hive MLS

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 $4,867 $1,118,760 $498,240 $620,520
2023 $5,090 $1,118,760 $498,240 $620,520
2022 $4,403 $698,860 $283,770 $415,090
2021 $4,578 $698,860 $283,770 $415,090
2020 $4,508 $633,740 $283,770 $349,970
2019 $810 $698,860 $283,770 $415,090
2018 $3,569 $205,940 $205,940 $0
2017 $3,103 $205,940 $205,940 $0
2015 $1,164 $205,940 $205,940 $0
2014 $2,117 $382,140 $382,140 $0
2013 -- $382,140 $382,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 145149

Hive MLS

APN: 8523-00-25-8593