NOT LISTED FOR SALE

603 Big Indian Loop Mooresville, NC 28117

Estimated Value: $838,000 - $1,204,000

3 Beds
2 Baths
1,785 Sq Ft
$615/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $875,000 $490 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,227/month

6 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Attached Garage
  • Lakeshore Elementary School Rated A-
  • Fireplace
  • Many Trees

About This Home

As of September 2021

Are you ready to make Summer memories on Lake Norman? Here's your chance. This is very well loved and cared for ranch home on the water with over an acre lot, AND a separate 1 bed, 1 bath cottage. This location is one of the hidden gems of Mooresville, being out of the main traffic roadways, but yet close to dining, shopping and recreation. The main house boasts a large open kitchen that has been fully remodeled and looks out over the lake. Enjoy your morning coffee on the spacious back deck, or take in evening pastel skies on your sunset patio down closer to the water. There has been great care taken to maintain this home at an impeccable level, and you are sure to notice that upon touring. Among the wonderful features is a large 1+ acre lot with a complete irrigation system, mature hardwood trees, and fresh landscaping all around. The cottage has fresh paint, new carpet, and is ready to house your company. Schedule your tour today!

Last Agent to Sell the Property

Crystal McIntosh

EXP Realty LLC Mooresville License #289733 Listed on: 07/19/2021

EXP Realty LLC Mooresville

Last Buyer's Agent

Jake Reed

NextHome World Class License #297802

NextHome World Class

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Waterfront
  • Irrigation
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Crawl Space

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4648-34-0247.000

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 788288.29
  • Ratio Current Price By Sq Ft: 490.20
  • Year Built: 1991
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Laundry Location: Main
  • Room Count: 1
  • Second Living Quarters: Exterior Not Connected, Guest House, Separate Living Quarters
  • Second Living Quarters Hla: 742
  • Sq Ft Additional: 742
  • Main Level Sq Ft: 1785
  • Total Sq Ft: 1785

Exterior Features

  • Construction: Aluminum, Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Trees, Views, Water view, Waterfront
  • Parcel Number: 4648-34-0247.000
  • Plat Book Slide: 19/37
  • Plat Reference Section Pages: 19/37
  • Zoning Specification: R20

Tax Info

  • Tax Value: 556460.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 1, 2021
Sold by
Gross Arlette M
Bought by
Soos Michael Charles and Soos Noreen
Seller's Agent
Crystal McIntosh
EXP Realty LLC Mooresville
Buyer's Agent
Jake Reed
NextHome World Class
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,096,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,945
Avg. Annual Appreciation
5.58%
Original Mortgage
$700,000
Outstanding Balance
$635,997
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$460,948

Purchase Details

Closed on
Sep 15, 2005
Sold by
Barry William Monett and Barry Anita Labron
Bought by
Gross John J and Gross Arlette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1995

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
Aug 1, 1990
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
Soos Michael Charles $875,000 Investors Title Company
Gross John J $520,000 Investors Title Insurance
-- $267,000 --
-- -- --
-- $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soos Michael Charles $700,000
Previous Owner Gross John J $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $875,000 0.0% $490 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/19/2021 07/19/21 For Sale $875,000 -- $490 / 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
2024 $5,484 $919,250 $540,000 $379,250
2023 $5,484 $919,250 $540,000 $379,250
2022 $3,552 $556,460 $325,000 $231,460
2021 $3,548 $556,460 $325,000 $231,460
2020 $3,548 $556,460 $325,000 $231,460
2019 $3,381 $556,460 $325,000 $231,460
2018 $2,883 $473,780 $300,000 $173,780
2017 $2,872 $471,940 $300,000 $171,940
2016 $2,872 $471,940 $300,000 $171,940
2015 $2,927 $471,940 $300,000 $171,940
2014 -- $475,830 $300,000 $175,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3761815

Canopy MLS (Canopy Realtor® Association)

APN: 4648-34-0247.000