NOT LISTED FOR SALE

Estimated Value: $140,445 - $349,000

0.52 Acre
$422,329 Price per Acre
22,651 Sq Ft Lot

Last Sold September 24, 2018

Last sale price $90,700

Est. 142% increase in value since last sale

Current estimated payment $1,373/month

29 Days on Market

Highlights

  • Waterfront
  • Lake Norman Elementary School Rated A-
  • 1-minute walk to Lochmere Park

About This Lot

As of September 2018

Beautiful wooded .52 acre waterfront lot. American Holly and mimosa trees make this the perfect setting for your new home. No pier or dock allowed per Duke Energy guidelines. You can kayak and paddleboard from the lot. Building guidelines and topical survey in attachments.

Last Agent to Sell the Property

Libby Pope

Hope Properties LKN INC License #237649 Listed on: 06/28/2018

Last Buyer's Agent

Mitzi McGraw

Coldwell Banker Realty License #218010

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • Waterfront

HOA Fees

  • $42 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 4637-50-1714.000
  • Tax Block 1186

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.95574
  • Ratio Close Price By Original Li: 0.95574
  • Ratio Current Price By Acre: 174423.08
  • Restrictions: Architectural Review, Livestock Restriction, Modular Not Allowed, Square Feet
  • Special Features: None

Exterior Features

  • Publically Maintained Road: Yes

Utilities

  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Association Fee: 125.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Lake Norman
  • Middle School: BRAWLEY
  • High School: Lake Norman

Lot Info

  • Lot Dimension: 36'x 45' x 201'x138'x243'
  • Lot Features: Lake Access, Waterfront
  • Lot Size Area: 0.520
  • Parcel Number: 4637-50-1714.000
  • Zoning Specification: R3
  • Plat Book Slide: 2331
  • Wooded Acres: 0.52

Tax Info

  • Tax Value: 77000.00
  • Tax Block: 1186
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Sep 24, 2018
Sold by
Decker Teresa L
Bought by
Jackson Bonnie Lou
Seller's Agent
Libby Pope
Hope Properties LKN INC
Buyer's Agent
Mitzi McGraw
Coldwell Banker Realty
List Price
$94,900
Sold Price
$90,700
Premium/Discount to List
-$4,200
-4.43%
Total Days on Market
29
Current Estimated Value
$219,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,911
Avg. Annual Appreciation
14.11%
Original Mortgage
$68,025
Outstanding Balance
$59,926
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$159,685

Purchase Details

Closed on
Oct 9, 2014
Sold by
Sadler James T and Fuchs Marquita
Bought by
Decker Teresa L

Purchase Details

Closed on
Aug 5, 2003
Sold by
Morrison Cove Llc
Bought by
Sadler James T and Fuchs Marquita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

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
Jackson Bonnie Lou $91,000 None Available
Decker Teresa L $79,000 None Available
Sadler James T $58,000 --
Morrison Cove Llc -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Bonnie Lou $68,025
Previous Owner Sadler James T $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $90,700 -4.4% --
07/27/2018 07/27/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $94,900 -- --
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 $1,170 $119,000 $119,000 $0
2023 $1,170 $119,000 $119,000 $0
2022 $860 $77,000 $77,000 $0
2021 $860 $77,000 $77,000 $0
2020 $860 $77,000 $77,000 $0
2019 $853 $77,000 $77,000 $0
2018 $853 $77,000 $77,000 $0
2017 $853 $77,000 $77,000 $0
2016 $853 $77,000 $77,000 $0
2015 $853 $77,000 $77,000 $0
2014 $1,704 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3407571

Canopy MLS (Canopy Realtor® Association)

APN: 4637-50-1714.000