NOT LISTED FOR SALE

704 Kenway Loop Mooresville, NC 28117

Estimated Value: $792,000 - $808,000

5 Beds
3 Baths
3,671 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $500,000 $136 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,728/month

Highlights

  • Open Floorplan
  • Deck
  • Wood Flooring
  • Lakeshore Elementary School Rated A-
  • Wooded Lot
  • Walk-In Closet

About This Home

As of February 2023

Location, Location, Location.... just minutes to Lake Norman and Morning Star Marina. Amazing Newer home in sought after Fernleaf. Amazing "Craftsman" home with stone accents offers 4 ultra large bedrooms including Master on main level. Upon entering you are immediately welcomed by the wonderful open floor plan, highlights include Coffered ceiling in the great room, Supersized granite island in the kitchen featuring stainless steel appliances. Hardwoods are thru-out the main living area of the home, tile is tasteful design element in the baths and laundry while carpeting provides the finishing touch in the bedrooms. 10' ceilings, on the main level, 8' doors, tray ceiling, 3 stall garage and more.

Last Agent to Rent the Property

Adam Barton

Lake Norman Agents LLC License #288372 Listed on: 01/03/2023

Last Renter's Agent

Adam Barton

Lake Norman Agents LLC License #288372 Listed on: 01/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,987

Year Built

  • Built in 2019

Lot Details

  • Level Lot
  • Wooded Lot
  • Zoning described as RA

Interior Spaces

  • Open Floorplan
  • Great Room with Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Zoned Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Additional Features

  • More Than Two Accessible Exits
  • Deck

Community Details

  • Fernleaf Subdivision

Listing and Financial Details

  • Security Deposit $3,200
  • Property Available on 2/1/23
  • Tenant pays for all utilities
  • Assessor Parcel Number 4638-18-6708.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,987

Year Built

Built in 2019

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Pet Deposit: 500
  • Deposit Security: 3200
  • Smoking Allowed Yn: 0
  • Available Date: 2023-02-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Rental
  • Year Built: 2019
  • Ratio Current Price By Acre: 5000.00
  • Unit Floor Level: 1
  • Property Sub Type Secondary: 1.5 Story
  • Road Surface Type: Concrete
  • Structure Type: House
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Walk In, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Main Level Sq Ft: 2601
  • Sq Ft Upper: 1070
  • Porch: Back,Deck,Front
  • Appliances: CO Detector, Gas Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 3671
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Vented, Great Room
  • Living Area: 3671
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Roof: Shingle
  • Water Body Name: Lake Norman

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 3 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Gas Water Heater, Multizone A/C, Zoned, Natural Gas
  • Sewer: Septic Installed
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None

Schools

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

Lot Info

  • Lot Features: Level, Sloped, Wooded
  • Lot Size Area: 0.64
  • Lot Size Units: Acres
  • Parcel Number: 4638-18-6708.000
  • Zoning Description: RA
  • ResoLotSizeUnits: Acres

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 10, 2020
Sold by
Buller River Development Partners Lp
Bought by
Baker Ronald and Baker Janelle
Seller's Agent
Mark Volak
Fathom Realty NC LLC
Buyer's Agent
Chris Zoghby
Real Broker, LLC
List Price
$539,900
Sold Price
$500,000
Premium/Discount to List
-$39,900
-7.39%
Current Estimated Value
$797,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,580
Avg. Annual Appreciation
8.62%
Original Mortgage
$475,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 17, 2018
Sold by
Woodbridge Partners Llc
Bought by
Buller River Development Partners Lp
Seller's Agent
Lisa Cernuto
Mooresville Realty LLC
Buyer's Agent
Mark Volak
Fathom Realty NC LLC
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
236.20%
Original Mortgage
$500,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
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
Baker Ronald $500,000 Morehead Title Company
Buller River Development Partners Lp $299,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Ronald $467,500
Closed Baker Ronald $475,000
Previous Owner Buller River Development Partners Lp $410,000
Previous Owner Buller River Development Partners Lp $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Rented $3,200 0.0% --
01/03/2023 01/03/23 For Rent $3,200 +18.5% --
10/19/2020 10/19/20 Rented $2,700 0.0% --
09/04/2020 09/04/20 For Rent $2,700 0.0% --
01/14/2020 01/14/20 Sold $500,000 -7.4% $136 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $539,900 +801.3% $147 / Sq Ft
04/17/2018 04/17/18 Sold $59,900 0.0% --
03/21/2018 03/21/18 Pending -- -- --
01/28/2016 01/28/16 For Sale $59,900 -- --
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 $4,987 $821,190 $72,000 $749,190
2023 $4,987 $821,190 $72,000 $749,190
2022 $3,131 $481,770 $58,500 $423,270
2021 $3,079 $481,770 $58,500 $423,270
2020 $3,079 $481,770 $58,500 $423,270
2019 $352 $58,500 $58,500 $0
2018 $314 $52,500 $52,500 $0
2017 $314 $52,500 $52,500 $0
2016 $314 $52,500 $52,500 $0
2015 $314 $52,500 $52,500 $0
2014 $350 $63,000 $63,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3932356

Canopy MLS (Canopy Realtor® Association)

APN: 4638-18-6708.000