NOT LISTED FOR SALE

6931 Wateredge Dr Sherrills Ford, NC 28673

Estimated Value: $541,000 - $724,000

3 Beds
2 Baths
1,650 Sq Ft
$389/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $400,000 $242 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,569/month

92 Days on Market

Highlights

  • Waterfront
  • Cottage
  • Tile Flooring
  • Sherrills Ford Elementary School Rated A-
  • Breakfast Bar

About This Home

As of September 2020

Looking for a WATERFRONT home without the $1M price? Look no further than this waterfront ranch with a walkout basement. Situated on a large half-acre lot with a gentle slope to water and your own private boat dock. The main level features 3 spacious bedrooms, a full bath and a huge deck that is perfect for relaxing while soaking in the beautiful sights of a quiet and peaceful cove. Downstairs features the family living and kitchen area with granite counters and a breakfast bar, a full bath and laundry/utility room. Enjoy the lake views in any weather from the basement-level screened porch and covered patio. NO HOA dues, this property offers many possibilities – your primary home for year round enjoyment, your weekend getaway lake cottage, or a perfect building site for a dream home. For the investor, this would make a great investment rental property. Being sold as-is.

Last Agent to Sell the Property

Nancy Lewis

EXP Realty LLC Mooresville License #259964 Listed on: 04/30/2020

EXP Realty LLC Mooresville

Last Buyer's Agent

Nancy Lewis

EXP Realty LLC Mooresville License #259964 Listed on: 04/30/2020

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.48

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Vinyl Siding

Flooring

  • Parquet
  • Carpet
  • Tile

Additional Features

  • Breakfast Bar
  • 2 Full Bathrooms
  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 369720815684
  • Tax Block 37

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94118
  • Ratio Current Price By Acre: 833333.33
  • Ratio Current Price By Sq Ft: 242.42
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Electric Dryer Hookup, Electric Range, Refrigerator
  • Flooring: Carpet, Parquet, Tile
  • Interior Amenities: Breakfast Bar
  • Laundry Location: Basement, Utility Room
  • Room Count: 2
  • Sq Ft Basement: 720
  • Main Level Sq Ft: 930
  • Total Sq Ft: 1650

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Dimension: 0.48
  • Lot Features: Lake, Water view, Waterfront, Year Round View
  • Parcel Number: 369720815684
  • Plat Book Slide: 12/13
  • Zoning Specification: res

Tax Info

  • Tax Value: 258900.00
  • Tax Block: 37
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Sep 1, 2020
Sold by
Duckworth Bonnie
Bought by
Layton Richard A and Layton Rebecca J
Seller's Agent
Nancy Lewis
EXP Realty LLC Mooresville
Buyer's Agent
Nancy Lewis
EXP Realty LLC Mooresville
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$641,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,694
Avg. Annual Appreciation
9.61%
Original Mortgage
$275,000
Outstanding Balance
$244,044
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$397,650

Purchase Details

Closed on
Mar 1, 1996
Bought by
Duckworth Randall and Duckworth Bonnie
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
Layton Richard A $400,000 None Available
Duckworth Randall $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Layton Richard A $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $400,000 0.0% $242 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $400,000 0.0% $242 / Sq Ft
05/28/2020 05/28/20 Off Market $400,000 -- --
05/26/2020 05/26/20 For Sale $400,000 0.0% $242 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $400,000 -5.9% $242 / Sq Ft
04/30/2020 04/30/20 For Sale $425,000 -- $258 / 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 $2,525 $512,700 $183,600 $329,100
2024 $2,525 $512,700 $183,600 $329,100
2023 $2,474 $258,900 $77,100 $181,800
2022 $1,825 $258,900 $77,100 $181,800
2021 $1,825 $258,900 $77,100 $181,800
2020 $1,825 $258,900 $77,100 $181,800
2019 $1,825 $258,900 $0 $0
2018 $1,624 $237,100 $77,100 $160,000
2017 $1,624 $0 $0 $0
2016 $1,624 $0 $0 $0
2015 $1,628 $237,090 $77,100 $159,990
2014 $1,628 $271,300 $77,300 $194,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3616012

Canopy MLS (Canopy Realtor® Association)

APN: 3697208156840000