NOT LISTED FOR SALE

7021 Butler Dr Sherrills Ford, NC 28673

Estimated Value: $1,031,000 - $1,181,641

3 Beds
2.5 Baths
2,654 Sq Ft
$422/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $908,800 $342 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,207/month

71 Days on Market

Highlights

  • Spa
  • Waterfront
  • Wood Flooring
  • Sherrills Ford Elementary School Rated A-
  • Open Floorplan
  • Wet Bar

About This Home

As of April 2021

Charming waterfront oasis w/129' of shoreline on Lake Norman, wide/deep cove just minutes from main channel, perfect for water sports & swim, as well as a covered synthetic dock w/10,000 lb. lift. Spend your days on the lake & evenings gathered around the lakeside fire pit! This gorgeous home features 3 beds/2.5 baths and a bonus/BR. Vaulted great room w/lakeside wall of windows welcomes the outdoors in! Kitchen boasts SS appliances, granite counters & breakfast bar. Master on the main with rec room attached which is being used for an additional bedroom. Major outdoor work completed including new trex dock with 10 ton electric boat lift, decking and golf cart path. Hot tub on deck conveys. Whole house water filter, full irrigation, new roof, new HVAC and water heater. Must see this amazing lake home!! See attachment of the list of home improvements made since owners purchased in 2014! Minutes to the new Publix & Sherrills Ford Village. Welcome Home!

Last Agent to Sell the Property

Stephanie Richart

Howard Hanna Allen Tate Mooresville/LKN License #226523 Listed on: 01/26/2021

Howard Hanna Allen Tate Mooresville/LKN

Last Buyer's Agent

Jake Meinberg

Costello Real Estate and Investments LLC License #293714

Costello Real Estate and Investments LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Waterfront
  • Irrigation

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Spa
  • Fire Pit
  • Outbuilding

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 3697049278270000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Ratio Close Price By List Price: 1.00978
  • Ratio Close Price By Original Li: 0.95714
  • Ratio Current Price By Acre: 1298285.71
  • Ratio Current Price By Sq Ft: 342.43
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 819
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Security System
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Wet Bar
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1835
  • Total Sq Ft: 2654
  • Sq Ft Unheated Basement: 96
  • Sq Ft Unheated Main: 155
  • Sq Ft Unheated Total: 251

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Hot Tub, In-Ground Irrigation, Outbuilding

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Features: Waterfront
  • Parcel Number: 3697049278270000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 505900.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Apr 29, 2021
Sold by
Webb Richard Carroll and Leatherwood Webb Rebecca
Bought by
Butler Drive Holdings Llc
Seller's Agent
Stephanie Richart
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Jake Meinberg
Costello Real Estate and Investments LLC
List Price
$949,500
Sold Price
$908,800
Premium/Discount to List
-$40,700
-4.29%
Current Estimated Value
$1,118,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,080
Avg. Annual Appreciation
4.73%
Original Mortgage
$720,000
Outstanding Balance
$651,480
Interest Rate
3%
Mortgage Type
Assumption
Estimated Equity
$467,400

Purchase Details

Closed on
Sep 8, 2014
Sold by
Beam Judy H and Beam Donald B
Bought by
Webb Richard Carroll and Webb Rebecca Luanne Leatherwood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 1999

Purchase Details

Closed on
Jan 12, 1998
Bought by
Story Construction Inc

Purchase Details

Closed on
Oct 9, 1997

Purchase Details

Closed on
Dec 15, 1995

Purchase Details

Closed on
Sep 16, 1988

Purchase Details

Closed on
Jun 20, 1986
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
Butler Drive Holdings Llc $909,000 None Available
Butler Drive Holdings Llc $1,818 None Listed On Document
Webb Richard Carroll $427,000 None Available
-- -- --
Story Construction Inc $195,500 --
-- $234,000 --
-- $240,000 --
-- $90,000 --
-- $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Drive Holdings Llc $720,000
Closed Butler Drive Holdings Llc $720,000
Previous Owner Webb Richard Carroll $277,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $908,800 +1.0% $342 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
04/05/2021 04/05/21 Price Changed $900,000 -5.2% $339 / Sq Ft
04/05/2021 04/05/21 For Sale $949,500 0.0% $358 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $949,500 -- $358 / 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 $4,200 $852,800 $231,000 $621,800
2024 $4,200 $852,800 $231,000 $621,800
2023 $4,115 $510,800 $138,600 $372,200
2022 $3,601 $510,800 $138,600 $372,200
2021 $3,567 $505,900 $138,600 $367,300
2020 $3,567 $505,900 $138,600 $367,300
2019 $3,567 $505,900 $0 $0
2018 $2,737 $399,600 $138,600 $261,000
2017 $2,737 $0 $0 $0
2016 $2,737 $0 $0 $0
2015 $2,396 $319,590 $138,600 $180,990
2014 $2,396 $399,300 $138,600 $260,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3701310

Canopy MLS (Canopy Realtor® Association)

APN: 3697049278270000