NOT LISTED FOR SALE

7020 Vinewood Rd Sherrills Ford, NC 28673

Estimated Value: $1,025,000 - $1,352,000

3 Beds
2 Baths
3,118 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $825,000 $265 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,618/month

24 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Fireplace
  • Sherrills Ford Elementary School Rated A-
  • Circular Driveway
  • Walk-In Closet

About This Home

As of December 2020

Hurry, hurry! This gorgeous home is a rare find on Lake Norman with its flat lot and spectacular water views. Situated in a peaceful cove with deep water and a covered boat dock with electricity and boat lift already in place. Lake fed irrigation means one less thing to hassle with to keep this property looking great! Quaint front yard with circular driveway and covered front porch, back deck and covered back porch. You won’t lack storage space here. The 2 car garage has ample storage cabinets and there is an extra storage shed in the yard. Not to mention, the basement has a workshop/ boat garage adjacent to it. The basement offers a full bath, bedroom, finished extra storage area and a large flex/ play room with a closet. Master has 2 closets, a jacuzzi tub and separate shower. Plenty of entertaining opportunities with kitchen island space, dining area and a back patio. New HVAC, new roof, water softener system, what are you waiting for?

Last Agent to Sell the Property

Mike & Erin Toste

Southern Homes of the Carolinas, Inc License #279262 Listed on: 10/16/2020

Last Buyer's Agent

Beth Graichen

Southern Homes of the Carolinas, Inc License #292329

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • Waterfront
  • Irrigation

Parking

  • Circular Driveway

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Shed
  • Outbuilding

Additional Features

  • Fireplace
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3697209096380000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.97070
  • Ratio Close Price By Original Li: 0.97070
  • Ratio Current Price By Acre: 1130136.99
  • Ratio Current Price By Sq Ft: 264.59
  • Year Built: 1993
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Electric, Dishwasher, Disposal, Electric Range, Propane, Refrigerator
  • Fireplace Description: FAMILYRM, Propane
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Sq Ft Basement: 1264
  • Main Level Sq Ft: 1854
  • Total Sq Ft: 3118
  • Sq Ft Unheated Main: 569
  • Sq Ft Unheated Total: 569

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Outbuilding, Shed(s)

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Water view, Waterfront
  • Parcel Number: 3697209096380000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 478300.00
  • Tax Location: Sherrills Ford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 23, 2020
Sold by
Miller Larry V and Miller Mary E
Bought by
Baccaglini Edmond John and Baccaglini Danielle
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Beth Graichen
Southern Homes of the Carolinas, Inc
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%
Current Estimated Value
$1,191,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,471
Avg. Annual Appreciation
7.91%
Original Mortgage
$500,000
Outstanding Balance
$445,943
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$745,528

Purchase Details

Closed on
Oct 1, 1995
Bought by
Miller Larry and Miller Mary E
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
Baccaglini Edmond John $825,000 None Available
Baccaglini Family Revocable Trust $1,650 None Listed On Document
Miller Larry $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baccaglini Family Revocable Trust $500,000
Closed Baccaglini Family Revocable Trust $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $825,000 -2.9% $265 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $849,900 -- $273 / 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 $4,585 $931,000 $231,000 $700,000
2024 $4,585 $931,000 $231,000 $700,000
2023 $4,362 $543,500 $140,200 $403,300
2022 $3,832 $543,500 $140,200 $403,300
2021 $3,832 $543,500 $140,200 $403,300
2020 $3,372 $478,300 $140,200 $338,100
2019 $3,372 $478,300 $0 $0
2018 $3,054 $445,900 $140,200 $305,700
2017 $3,054 $0 $0 $0
2016 $3,054 $0 $0 $0
2015 $2,353 $445,910 $140,200 $305,710
2014 $2,353 $392,100 $140,200 $251,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3666136

Canopy MLS (Canopy Realtor® Association)

APN: 3697209096380000