NOT LISTED FOR SALE

592 Fairway Shores Rd Mount Gilead, NC 27306

Estimated Value: $750,000 - $1,018,000

3 Beds
3 Baths
2,220 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $775,000 $349 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,936/month

107 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Waterfront
  • Golf Course Community
  • Spa
  • Open Floorplan

About This Home

As of December 2023

The one you have been waiting for! This tranquil retreat is nestled on 2 of the flattest lots on picturesque Lake Tillery with breathtaking views & 139' of deep water shoreline. Exterior flaunts freshly painted rough-hewn siding on the home & boathouse & a newer seawall. Interior boasts Cherry tongue & groove, instantly evoking a sense of nostalgia. 3 bedrooms, 3 baths, open kitchen/dining/living, sunroom with floor-to-ceiling windows & office space. The main level features a primary bed & bath w/French doors opening onto the deck, perfect to unwind in the hot tub while savoring the sunset. The dining room has a cozy ambiance & is anchored by a huge stone fireplace. Upstairs is a huge guest suite with a bath & space for multiple visitors. Oversized 2-car garage, storage, boat lift, 2nd lift, mature landscaping & a concrete driveway for low maintenance, round out the property. Whether you're looking for a weekend getaway, money-maker rental, or full-time residence, this is LAKE LIVING!

Last Agent to Sell the Property

Mark McClaskey

EXP Realty LLC Ballantyne Brokerage Email: markmcclaskey@gmail.com License #77314 Listed on: 08/05/2023

EXP Realty LLC Ballantyne

Last Buyer's Agent

John Williams

Howard Hanna Allen Tate Albemarle License #330488

Howard Hanna Allen Tate Albemarle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1970

Lot Details

  • Waterfront
  • Level Lot
  • Open Lot
  • Irrigation
  • Cleared Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Cabin
  • Slab Foundation
  • Rough-Sawn Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • French Doors
  • Great Room with Fireplace
  • Storage
  • Water Views
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Personal Watercraft Lift
  • Boat Lift
  • Docks
  • Deck
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rear Porch

Farming

  • Machine Shed

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6583-05-09-9549

Community Details

Overview

  • Fairway Shores Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,427

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin, Rustic, Traditional
  • Year Built: 1970
  • Restrictions: Short Term Rental Allowed
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 349.10
  • Geocode Confidence: High
  • Attribution Contact: markmcclaskey@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Attic Walk In, Cable Prewire, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1700
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 520
  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 2220
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Gas, Gas Log, Great Room
  • Living Area: 2220
  • Bedroom Main: 2

Exterior Features

  • Exterior Features: Dock, Hot Tub, In-Ground Irrigation, Storage
  • New Construction: No
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Tillery
  • Waterfront Features: Boat Lift, Dock, Personal Watercraft Lift
  • Construction Type: Rough Sawn
  • Other Structures: Outbuilding, Shed(s), Tractor Shed, Workshop
  • Patio And Porch Features: Deck, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Hall, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Cooling: Heat Pump, Zoned
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Propane, Underground Power Lines
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Golf
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Cleared, Level, Open Lot, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 6583-05-09-9549
  • Plat Book Slide: 4/34
  • Plat Reference Section Pages: 4/34
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2023
Closed on
Dec 18, 2023
Sold by
Tod Forrest William and Turner Emily
Bought by
Mcgowcn Michael D and Mcgowen Kimberly W
Seller's Agent
Mark McClaskey
EXP Realty LLC Ballantyne
Buyer's Agent
John Williams
Howard Hanna Allen Tate Albemarle
List Price
$899,000
Sold Price
$775,000
Premium/Discount to List
-$124,000
-13.79%
Views
193
Current Estimated Value
$899,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,968
Avg. Annual Appreciation
8.42%
Original Mortgage
$475,000
Outstanding Balance
$467,116
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$432,852

Purchase Details

Closed on
Aug 6, 2014
Sold by
Haltiwanger George Albert and Haltiwanger Peggy League
Bought by
Haltiwanger George Labert and Haltiwanger Peggy League
Source: Public Records

Range of Values:

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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
Mcgowcn Michael D $775,000 None Listed On Document
Haltiwanger George Labert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgowcn Michael D $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $775,000 -13.8% $349 / Sq Ft
11/15/2023 11/15/23 For Sale $899,000 +16.0% $405 / Sq Ft
10/16/2023 10/16/23 Off Market $775,000 -- --
09/05/2023 09/05/23 Price Changed $999,000 -9.2% $450 / Sq Ft
08/25/2023 08/25/23 Price Changed $1,100,000 -15.4% $495 / Sq Ft
08/05/2023 08/05/23 For Sale $1,300,000 -- $586 / 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 $2,427 $556,870 $228,000 $328,870
2024 $2,427 $394,680 $228,000 $166,680
2023 $2,427 $394,680 $228,000 $166,680
2022 $2,427 $394,680 $228,000 $166,680
2021 $2,427 $394,680 $228,000 $166,680
2020 $2,427 $394,680 $228,000 $166,680
2018 $2,608 $420,600 $261,630 $158,970
2017 $2,608 $420,600 $261,630 $158,970
2016 $2,608 $420,600 $261,630 $158,970
2015 $2,397 $420,600 $0 $0
2014 $2,397 $420,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4054997

Canopy MLS (Canopy Realtor® Association)

APN: 6583-05-09-9549