NOT LISTED FOR SALE

704 Shoreline Rd New London, NC 28127

Estimated Value: $927,000 - $999,000

3 Beds
2 Baths
3,378 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 17, 2023

Last sale price $1,010,000 $299 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,381/month

45 Days on Market

Highlights

  • Water Views
  • Pier
  • Open Floorplan
  • Docks
  • Boat Lift
  • Deck

About This Home

As of May 2023

Stunning, One of a Kind Lakefront Log Home! This spacious home was custom designed using Montana Logs to create an environment of lake living at its finest. Spectacular long range views of the lake to enjoy beautiful sunrises and mirrored sunsets from nearly every room. Perfect for entertaining, an expansive two story great room with adobe fireplace leads to a large Chef’s Kitchen. Outdoor living at its best with a stamped concrete patio, grilling area and fire pit using custom designed rock formations by the same artist from the NC Zoo. The home spans two waterfront lots with a private pier. Fully furnished to include carved statues, carved barstools which complement the carvings built into the home inside and out. 2nd bedroom is of spacious size which can accommodate a wardrobe for a closet. Basement bedroom doesn't have a window. Property includes .60 acre lot across the street for additional parking. Don't miss this beautiful custom home on Badin Lake !

Last Agent to Sell the Property

Lisa Johnson

Premier Sotheby's International Realty License #278351 Listed on: 02/08/2023

Premier Sotheby's International Realty

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1999

Lot Details

  • Electric Fence
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Bar Fridge
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Propane Fireplace
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Pier
  • Access To Lake
  • Personal Watercraft Lift
  • Waterfront has a Concrete Retaining Wall
  • Boat Lift
  • Docks
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Fire Pit
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Propane Water Heater
  • Fiber Optics Available

Community Details

  • Voluntary home owners association
  • Dixie Shores Association
  • Dixie Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6683-17-00-4984

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,632

Year Built

Built in 1999

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1999
  • Restrictions: Manufactured Home Not Allowed,Square Feet
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 298.99
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1411
  • 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
  • Appliances: Bar Fridge, Dishwasher, Disposal, Double Oven, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Plumbed For Ice Maker, Propane Water Heater, Refrigerator, Trash Compactor, Washer/Dryer
  • Above Grade Finished Sq Ft: 1411
  • Has Basement: Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1967
  • Door Features: Insulated Door(s), Screen Door(s), Sliding Doors
  • Fireplace Features: Gas Log, Great Room, Propane
  • Living Area: 3378
  • Bedroom Main: 2
  • Bedroom Basement: 1

Exterior Features

  • Exterior Features: Fire Pit, Dock, Storage
  • New Construction: No
  • Roof: Metal
  • Construction Type: Site Built
  • Fencing: Electric
  • View: Mountain(s), Water
  • Water Body Name: Badin Lake
  • Waterfront Features: Boat Lift, Boat Ramp – Community, Boat Slip – Community, Dock, Personal Watercraft Lift, Pier, Retaining Wall, Dock
  • Exclusions: Boat and Jet skis
  • Construction Type: Log
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Covered, Deck, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport, Driveway, Other - See Remarks

Utilities

  • Heating: Forced Air, Heat Pump, Propane
  • Sewer: Public Sewer
  • Laundry Features: In Basement, Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Fiber Optics, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association Name: Dixie Shores Association
  • ResoAssociationFeeFrequency: Annually
  • Association Email: admin@dixieshores.org

Association/Amenities

  • Association Annual Expense: 40.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Cleared, Waterfront, Wooded, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 6683-17-00-4984
  • Plat Book Slide: A
  • Plat Reference Section Pages: 327
  • Lot Size: 125X49X122X51,122X125X25X75,101X250X101X250
  • Additional Parcels Description: 6683-17-00-5945,6683-17-01-4014
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 3, 2023
Sold by
Multari Franco G and Multari Barbara L
Bought by
Garza Arturo David and Garza Shanna Catherine
Seller's Agent
Lisa Johnson
Premier Sotheby's International Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,195,000
Sold Price
$1,010,000
Premium/Discount to List
-$185,000
-15.48%
Views
62
Current Estimated Value
$969,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,414
Avg. Annual Appreciation
-1.65%
Original Mortgage
$510,000
Outstanding Balance
$495,532
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$474,054

Purchase Details

Listed on
May 30, 2015
Closed on
Nov 4, 2015
Sold by
Dilorio Philip and Dilorio Nadine A
Bought by
Multari Franco G and Multari Barbara L
Buyer's Agent
Linda Beck
Howard Hanna Allen Tate High Point
List Price
$785,000
Sold Price
$625,000
Premium/Discount to List
-$160,000
-20.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$141,750
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
Blase Rick A and Blase Linda
Bought by
Dilorio Philip and Dilorio Nadine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Garza Arturo David $1,010,000 None Listed On Document
Multari Franco G $625,000 None Available
Dilorio Philip $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garza Arturo David $510,000
Previous Owner Multari Franco G $141,750
Previous Owner Multari Franco G $417,000
Previous Owner Dilorio Philip $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Sold $1,010,000 -15.5% $299 / Sq Ft
02/08/2023 02/08/23 For Sale $1,195,000 +91.2% $354 / Sq Ft
11/20/2015 11/20/15 Sold $625,000 -20.4% $223 / Sq Ft View Prior Sale
10/18/2015 10/18/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $785,000 -- $280 / 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 $3,632 $520,622 $133,500 $387,122
2024 $3,632 $520,622 $133,500 $387,122
2023 $4,248 $520,622 $133,500 $387,122
2022 $4,205 $520,622 $133,500 $387,122
2021 $4,132 $520,622 $133,500 $387,122
2020 $3,536 $520,622 $133,500 $387,122
2018 $3,611 $535,000 $133,500 $401,500
2017 $3,673 $535,000 $133,500 $401,500
2016 $3,611 $535,000 $133,500 $401,500
2015 $3,602 $535,000 $0 $0
2014 $3,602 $534,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4000429

Canopy MLS (Canopy Realtor® Association)

APN: 6683-17-00-4984