NOT LISTED FOR SALE

614 Lake Head Rd Norwood, NC 28128

Estimated Value: $348,000 - $526,000

2 Beds
1 Bath
620 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2019

Last sale price $240,000 $387 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,535 / mo

2 Days on Market

Highlights

  • Waterfront
  • 1-Story Property
  • Vinyl Flooring
  • Community Lake

About This Home

As of April 2019

Lake Cottage with 100'+- waterfront in a large cove just off the main channel. This homes needs a little TLC and then will make someone a fantastic lake cottage. The large covered back porch meets all your entertaining and relaxing needs. Subject to Annual Duke Energy Shoreline Lease and lease transfer fee. Norwood city sewer is available with fees.
Vacant house but appointment required for showings.

Last Agent to Sell the Property

Robert Patterson

Lake Tillery Properties LLC License #266502 Listed on: 02/13/2019

Last Buyer's Agent

Lynn Norman

Lake Tillery Properties LLC License #159889

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,970

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Vinyl Flooring
  • Oven

Additional Features

  • Waterfront
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 6574-03-03-1676

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.97959
  • Ratio Close Price By Original Li: 0.97959
  • Ratio Current Price By Acre: 1500000.00
  • Ratio Current Price By Sq Ft: 387.10
  • Year Built: 1940
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Block, Slab
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Equipment: Oven
  • Flooring: Vinyl
  • Room Count: 1
  • Main Level Sq Ft: 620
  • Total Sq Ft: 620

Exterior Features

  • Construction: Concrete Block, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Features: Waterfront
  • Parcel Number: 6574-03-03-1676
  • Zoning Specification: R-20

Tax Info

  • Tax Value: 217379.00
  • Tax Location: Norwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 8, 2019
Sold by
Keziah Carolyn W
Bought by
Price Ricky Eugene and Price Cheryl Marie
Seller's Agent
Robert Patterson
Lake Tillery Properties LLC
Buyer's Agent
Lynn Norman
Lake Tillery Properties LLC
List Price
$245,000
Sold Price
$240,000
Premium/Discount to List
-$5,000
-2.04%
Current Estimated Value
$431,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,593
Avg. Annual Appreciation
8.64%
Original Mortgage
$216,000
Outstanding Balance
$189,902
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$241,691

Purchase Details

Closed on
Oct 10, 2018
Sold by
Keziah Carolyn W
Bought by
Keziah Carolyn W and Keziah Barrett Micahel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Price Ricky Eugene $240,000 None Available
Keziah Carolyn W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Ricky Eugene $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2019 04/10/19 Sold $240,000 -2.0% $387 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $245,000 -- $395 / Sq Ft
Source: Canopy MLS

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 $2,963 $332,967 $237,800 $95,167
2024 $2,590 $253,944 $196,800 $57,144
2023 $2,569 $251,830 $196,800 $55,030
2022 $2,518 $251,830 $196,800 $55,030
2021 $2,518 $251,830 $196,800 $55,030
2020 $2,372 $226,025 $188,600 $37,425
2019 $2,304 $217,379 $188,600 $28,779
2018 $1,200 $217,379 $188,600 $28,779
2017 $2,304 $217,379 $188,600 $28,779
2016 $2,128 $200,791 $172,200 $28,591
2015 $2,253 $206,250 $172,200 $34,050
2014 $1,935 $206,250 $172,200 $34,050
Source: Public Records

Agents Affiliated with this Home

  • Robert Patterson

    Seller's Agent in 2019

    Robert Patterson

    Lake Tillery Properties LLC

    (704) 438-3278

    39 in this area

    93 Total Sales

    Robert Patterson
    Section Image
  • Lynn Norman

    Buyer's Agent in 2019

    Lynn Norman

    Lake Tillery Properties LLC

    (910) 220-2104

    90 in this area

    191 Total Sales

    Lynn Norman
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3473780

Canopy MLS

APN: 6574-03-03-1676

North Carolina Stanly County Norwood 28128

614 Lake Head Rd, Norwood, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.