NOT LISTED FOR SALE

7045 Cove Creek Dr Sherrills Ford, NC 28673

Estimated Value: $715,434 - $782,000

3 Beds
2 Baths
2,344 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $345,000 $147 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,140/month

7 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Attached Garage
  • Bandys High School Rated 9+
  • Wood Flooring
  • Walk-In Closet

About This Home

As of June 2016

Waterfront Home with some updates in Kitchen, Family Room and Garage in 2002. Ranch/Basement, Separate Living Quarter, Two Gas Fireplaces, Nice Sun Porch with Windows for Entertaining and Great Views of Lake Norman, Granite Countertops, Hardwood Floors on Main Level, Ceramic Tile Floors on Lower Level. 2 car garage, large lake side patio and dock with boat slip. Must See This Unbelievable Waterfront Home at such and affordable price!

Last Agent to Sell the Property

Grant Mosteller

Marc I Realty License #153500 Listed on: 04/22/2016

Co-Listed By

Nancy Mosteller

Marc I Realty License #207502

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 0.49

Parking

  • Attached Garage
  • Gravel Driveway

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Well
  • Cable TV Available

Additional Features

  • Floating Dock
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number 369704937688000

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.95860
  • Ratio Close Price By Original Li: 0.86272
  • Ratio Current Price By Acre: 704081.63
  • Ratio Current Price By Sq Ft: 147.18
  • Year Built: 1967
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Microwave, Wall Oven
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Available, Pantry, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Basement: 941
  • Main Level Sq Ft: 1403
  • Total Sq Ft: 2344
  • Sq Ft Unheated Main: 1168
  • Sq Ft Unheated Total: 1168

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built
  • Exterior Features: Floating Dock, Pier

Garage/Parking

  • Driveway: Gravel
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump - AC
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 102WFX99RFX205RSX225LS
  • Lot Features: Waterfront, Sloping
  • Lot Size Area: 0.490
  • Parcel Number: 369704937688000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 373140.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 16, 2016
Sold by
Nationastar Mortgage Llc
Bought by
Shumate Johnny Ray and Shumate Tonya Adams
Seller's Agent
Grant Mosteller
Marc I Realty
Buyer's Agent
Non Member
Canopy Administration
List Price
$399,900
Sold Price
$345,000
Premium/Discount to List
-$54,900
-13.73%
Current Estimated Value
$736,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,859
Avg. Annual Appreciation
9.06%
Original Mortgage
$276,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2016
Sold by
Mccullough Kerri Bolick
Bought by
Nationstar Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2006
Sold by
Mcree Michael
Bought by
Mcree Lynda Morrow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2001

Purchase Details

Closed on
Apr 12, 1996
Bought by
Martin Lynda Morrow

Purchase Details

Closed on
Jun 28, 1973

Purchase Details

Closed on
Apr 23, 1968

Purchase Details

Closed on
Sep 19, 1967

Purchase Details

Closed on
Apr 30, 1966

Purchase Details

Closed on
May 22, 1965

Purchase Details

Closed on
Mar 12, 1964
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shumate Johnny Ray $345,000 Attorney
Nationstar Mortgage Llc $349,000 Attorney
Mcree Lynda Morrow -- None Available
-- -- --
Martin Lynda Morrow $152,500 --
-- $7,500 --
-- $1,000 --
-- $2,200 --
-- $2,200 --
-- $2,200 --
-- $1,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shumate Johnny R $407,200
Closed Shumate Johnny Ray $25,000
Closed Shumate Johnny Ray $276,000
Previous Owner Mcree Lynda M $597,750
Previous Owner Mcree Lynda M $15,000
Previous Owner Mcree Lynda M $10,000
Previous Owner Mcree Lynda Morrow $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2016 06/08/16 Sold $345,000 -13.7% $147 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $399,900 -- $171 / 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 $2,984 $605,900 $185,000 $420,900
2024 $2,984 $605,900 $185,000 $420,900
2023 $2,923 $431,800 $111,000 $320,800
2022 $3,044 $431,800 $111,000 $320,800
2021 $3,044 $431,800 $111,000 $320,800
2020 $3,044 $431,800 $111,000 $320,800
2019 $3,044 $431,800 $0 $0
2018 $2,832 $413,400 $111,000 $302,400
2017 $2,556 $0 $0 $0
2016 $2,556 $0 $0 $0
2015 $1,198 $373,140 $111,000 $262,140
2014 $1,198 $398,900 $111,200 $287,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR9587647

Canopy MLS (Canopy Realtor® Association)

APN: 3697049376880000