NOT LISTED FOR SALE

6884 Shade Tree Ln Sherrills Ford, NC 28673

Estimated Value: $744,000 - $800,000

2 Beds
2.5 Baths
2,071 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $688,000 $332 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,437/month

70 Days on Market

Highlights

  • Covered Dock
  • Pier
  • Open Floorplan
  • Sherrills Ford Elementary School Rated A-
  • Spa
  • A-Frame Home

About This Home

As of September 2022

Don't miss out on this opportunity to own a slice of lake front property that pays for itself. Already an income producing Airbnb, it has everything you're looking for in a lake front property. Plenty of room for the kids and family, as it is currently set up to sleep 12. Enjoy the hot tub from the walkout basement or start a fire in the firepit down by the lake, while your guests are swimming and enjoying the covered dock. The dock features a boat lift, along with a slip that can fit your new pontoon boat. The kitchen is updated, new roof in 2019, and the heating/air units are only 5 years old. All of the work has been done for you. Pack your swimming gear and come enjoy the lake!

Last Agent to Sell the Property

Lee Johnston

Costello Real Estate and Investments LLC License #308753 Listed on: 06/24/2022

Costello Real Estate and Investments LLC

Last Buyer's Agent

Kevin Windham

EXP Realty LLC Mooresville License #322195

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,141

Year Built

  • Built in 1975

Lot Details

  • Sloped Lot
  • Zoning described as R-30

Home Design

  • A-Frame Home
  • Wood Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace

Kitchen

  • Electric Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Spa
  • Pier
  • Waterfront has a Concrete Retaining Wall
  • Covered Dock
  • Deck
  • Fire Pit
  • Outbuilding

Utilities

  • Central Heating
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3697208041910000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,141

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 1975
  • Ratio Current Price By Acre: 1764102.56
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Gravel
  • Structure Type: One Story Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 332.21
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Skylight(s), Vaulted Ceiling, Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1341
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Deck
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Electric Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 730
  • Fireplace Features: Wood Burning
  • Living Area: 2071
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Outbuilding(s), Other
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Sherrills Ford
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Covered structure, Dock, Pier, Retaining Wall, Dock
  • Construction Type: Wood Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Central, Heat Pump, Wall Unit(s)
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Sloped, Waterfront
  • Lot Size Area: 0.39
  • Lot Size Units: Acres
  • Parcel Number: 3697208041910000
  • Zoning Description: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 2.12091

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 21, 2022
Sold by
Bukowski and Benjamin
Bought by
Walter Scott C and Walter Julie A
Seller's Agent
Lee Johnston
Costello Real Estate and Investments LLC
Buyer's Agent
Kevin Windham
EXP Realty LLC Mooresville
List Price
$799,000
Sold Price
$688,000
Premium/Discount to List
-$111,000
-13.89%
Views
5
Current Estimated Value
$766,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,330
Avg. Annual Appreciation
3.77%
Original Mortgage
$516,000
Outstanding Balance
$493,202
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$273,128

Purchase Details

Listed on
Dec 17, 2019
Closed on
Feb 24, 2020
Sold by
Ludolph James W and Terranova Ludolph Rosalie
Bought by
Bukowski Chelsea and Bukowski Benjamin
Seller's Agent
Deanna Galloway
Lake Norman Realty, Inc.
Buyer's Agent
Lee Johnston
Costello Real Estate and Investments LLC
List Price
$424,900
Sold Price
$417,700
Premium/Discount to List
-$7,200
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%

Purchase Details

Closed on
Jun 22, 2012
Sold by
Ludolph James W and Terranova Ludolph Rosalie
Bought by
Ludolph James W and Terranova Ludolph Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2000
Bought by
Tyler Robert R

Purchase Details

Closed on
Apr 1, 1991
Source: Public Records

Range of Values:

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Average Value
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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
Walter Scott C $688,000 Integrated Title
Bukowski Chelsea $418,000 Master Title Agency Llc
Ludolph James W -- Meridian Title Company
Tyler Robert R $235,000 --
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walter Scott C $516,000
Previous Owner Terranova Ludolph James W $100,000
Previous Owner Ludolph James W $134,500
Previous Owner Ludolph James W $50,000
Previous Owner Ludolph James W $195,000
Previous Owner Ludolph James W $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $688,000 -1.7% $332 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $699,900 -6.7% $338 / Sq Ft
07/25/2022 07/25/22 Price Changed $749,900 -6.1% $362 / Sq Ft
06/24/2022 06/24/22 For Sale $799,000 +91.3% $386 / Sq Ft
02/24/2020 02/24/20 Sold $417,700 -1.7% $240 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $424,900 -- $245 / 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 $3,141 $637,700 $162,800 $474,900
2024 $3,141 $637,700 $162,800 $474,900
2023 $3,077 $330,000 $97,700 $232,300
2022 $2,327 $330,000 $97,700 $232,300
2021 $2,327 $330,000 $97,700 $232,300
2020 $2,209 $313,300 $97,700 $215,600
2019 $2,209 $313,300 $0 $0
2018 $1,940 $283,200 $97,700 $185,500
2017 $1,940 $0 $0 $0
2016 $1,940 $0 $0 $0
2015 $1,845 $283,230 $97,700 $185,530
2014 $1,845 $307,500 $97,900 $209,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3874924

Canopy MLS (Canopy Realtor® Association)

APN: 3697208041910000