NOT LISTED FOR SALE

590 Gatton Rd Cleveland, NC 27013

Estimated Value: $403,299 - $507,000

3 Beds
2 Baths
1,640 Sq Ft
$284/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $308,000 $188 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,877/month

3 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • Attached Garage
  • Open Floorplan
  • Fireplace
  • Walk-In Closet

About This Home

As of February 2020

"Wow" is what you'll say when you view this stunning farmhouse style home on a huge 1.5 acre lot on a quiet little road in West Rowan. Located just outside Mooresville in the Mt. Ulla/Bear Poplar community off Hwy. 801, but with Cleveland mailing address. Level lot has room for shop, pool or both & trees at back. Lot next door is 1.76 acres is available, so home could come w/3.3 acres approx. Attention to detail in every corner of this home that is truly custom in every way -- custom cabinets, high-end quartz countertops, granite in both bathrooms, walk-in tiled shower w/bench in master suite, "drop zone" off garage plus a huge laundry room awith leather-finish granite countertops. Gorgeous sliding barn doors handmade by builder, upgraded black plumbing fixtures, farmhouse style lighting throughout, modern look electric fireplace makes this truly a "modern farmhouse". Split BRs, high-vaulted ceiling in GR, open floorplan, covered porches on front and back -- must see this one!

Last Agent to Sell the Property

Jennifer Beam

ERA Live Moore License #310556 Listed on: 01/13/2020

ERA Live Moore

Co-Listed By

Gina Compton

ERA Live Moore License #157757

Last Buyer's Agent

Jody Clodfelter

Lantern Realty & Development License #297153

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Level Lot
  • Open Lot

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Septic Tank

Community Details

  • Built by L.E.Beam Construction and Grading

Listing and Financial Details

  • Assessor Parcel Number 273051

Home Details

Home Type

Single Family

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Farmhouse
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.99387
  • Ratio Close Price By Original Li: 0.99387
  • Ratio Current Price By Acre: 205333.33
  • Ratio Current Price By Sq Ft: 187.80
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Tile, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1640
  • Total Sq Ft: 1640
  • Sq Ft Unheated Main: 804
  • Sq Ft Unheated Total: 804

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: g-Energy Star HVAC
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Electric

Schools

  • Elementary School: West Rowan
  • Middle School: West Rowan
  • High School: West Rowan

Lot Info

  • Lot Features: Level, Open Lot
  • Lot Size Area: 1.500
  • Parcel Number: 273051
  • Zoning Specification: RA

Building Info

  • Builder Name: L.E.Beam Construction and Grading

Tax Info

  • Tax Location: Rowan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 27, 2020
Sold by
L E B Builders Inc
Bought by
Armstrong Laura and Hill John W
Seller's Agent
Jennifer Beam
ERA Live Moore
Buyer's Agent
Jody Clodfelter
Lantern Realty & Development
List Price
$309,900
Sold Price
$308,000
Premium/Discount to List
-$1,900
-0.61%
Current Estimated Value
$492,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,085
Avg. Annual Appreciation
5.94%
Original Mortgage
$210,000
Outstanding Balance
$188,297
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$233,608

Purchase Details

Closed on
May 31, 2019
Sold by
Compton Builders And Investments Llc
Bought by
Leb 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
$216,750
Interest Rate
3.9%
Mortgage Type
Construction
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
Armstrong Laura $308,000 None Available
Leb Builders Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong Laura $210,000
Previous Owner Leb Builders Inc $216,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $308,000 -0.6% $188 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $309,900 -- $189 / Sq Ft
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
2025 -- $326,400 $41,750 $284,650
2024 -- $326,400 $41,750 $284,650
2023 $2,199 $326,400 $41,750 $284,650
2022 $1,427 $189,975 $30,300 $159,675
2021 $0 $189,975 $30,300 $159,675
2020 $1,427 $189,975 $30,300 $159,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3581915

Canopy MLS (Canopy Realtor® Association)

APN: 273-051