NOT LISTED FOR SALE

Estimated Value: $2,381,000 - $2,858,000

1.13 Acres
$2,340,991 Price per Acre
49,223 Sq Ft Lot

Last Sold March 28, 2016

Last sale price $275,000 $281 Per Sq Ft

Est. 871% increase in value since last sale

Current estimated payment $15,521/month

218 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Community Lake
  • Woodland Heights Elementary School Rated A-

About This Lot

As of March 2016

1.13 acre deep water waterfront lot with floating dock. Build your dream home with great water views. Beautiful wooded lot with gentle slope, floating dock and 191 ft. of rip rap shoreline.. 1992 14x70 mobile home on lot that was used for weekend getaways and is now rented month to month. Tenant will sign long term leave if new buyer wants to keep as investment property.

Last Agent to Sell the Property

Frank Free

Lake Realty License #139143 Listed on: 05/19/2015

Last Buyer's Agent

Michael Morgan

RE/MAX Executive License #219912

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Waterfront
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4626-17-0750.000

Community Details

Overview

  • Community Lake

Recreation

  • Floating Dock

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.91973
  • Ratio Close Price By Original Li: 0.73333
  • Ratio Current Price By Acre: 243362.83
  • Habitable Residence Yn: Yes
  • Special Features: None

Exterior Features

  • Exterior Features: Floating Dock

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake

Schools

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

Lot Info

  • Lot Dimension: 180x313x210wfx206
  • Lot Features: Waterfront, Water view
  • Lot Size Area: 1.130
  • Parcel Number: 4626-17-0750.000
  • Zoning: Residential
  • Zoning Specification: RR
  • Plat Reference Section Pages: 2361

Tax Info

  • Tax Value: 330680.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Rowland Aimee L
Bought by
Tenney Maurice Henry and Tenney Tracey Frances
Current Estimated Value
$2,670,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$885,173
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,863,947

Purchase Details

Listed on
May 19, 2015
Closed on
Mar 14, 2016
Sold by
Schutryum Michael K and Schutryum Catherine F
Bought by
Rowland James and Rowland Aimee L
Seller's Agent
Frank Free
Lake Realty
Buyer's Agent
Michael Morgan
RE/MAX Executive
List Price
$375,000
Sold Price
$275,000
Premium/Discount to List
-$100,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.85%
Original Mortgage
$700,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2006
Sold by
Kwaiser Stephen Jae
Bought by
Schutrum Michael K and Schutrum Catherine F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,450
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2000
Sold by
Zwingli John B and Zwingli Elizabeth V
Bought by
Kwaiser Stephen Jae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
8.17%

Purchase Details

Closed on
Nov 1, 1991

Purchase Details

Closed on
Sep 1, 1986
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
Tenney Maurice Henry $1,730,000 Priority Title Insurance
Rowland James $290,000 Title Insurance Company
Schutrum Michael K $437,000 None Available
Kwaiser Stephen Jae $153,000 --
-- -- --
-- $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tenney Maurice Henry $1,000,000
Previous Owner Rowland James D $424,000
Previous Owner Rowland James D $280,000
Previous Owner Rowland James $700,000
Previous Owner Schutrum Michael K $371,450
Previous Owner Kwaiser Stephen Jae $137,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $275,000 -26.7% $281 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $375,000 -- $383 / 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 $10,811 $1,822,250 $540,000 $1,282,250
2023 $10,811 $1,822,250 $540,000 $1,282,250
2022 $8,587 $1,358,940 $380,000 $978,940
2021 $7,881 $1,246,960 $380,000 $866,960
2020 $6,761 $1,068,540 $380,000 $688,540
2019 $6,654 $1,068,540 $380,000 $688,540
2018 $5,444 $902,470 $320,000 $582,470
2017 $5,444 $902,470 $320,000 $582,470
2016 $2,081 $330,590 $320,000 $10,590
2015 $2,085 $330,590 $320,000 $10,590
2014 $1,923 $330,680 $320,000 $10,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3088285

Canopy MLS (Canopy Realtor® Association)

APN: 4626-17-0750.000