NOT LISTED FOR SALE

Estimated Value: $2,450,000 - $2,836,852

4 Beds
4 Baths
4,293 Sq Ft
$624/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,850,000 $431 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $15,910/month

44 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wood Flooring
  • Woodland Heights Elementary School Rated A-
  • Transitional Architecture
  • Fireplace

About This Home

As of March 2021

Charming waterfront Lake Norman home perched at the end of Isle of Pines Road, a quiet and peaceful peninsula near the Point. One of the best natural sandy beaches on the lake, even when the water is up. This lot is a flat lot so your kids can run right into the water. Wonderful sunsets and views for miles. Perfect home for a family, 2nd home, or even a vacation rental as there is no HOA and room to sleep 14+.

Last Agent to Sell the Property

Robin Sams

Carolina Realty Solutions License #221532 Listed on: 01/11/2021

Last Buyer's Agent

Beth Graichen

Southern Homes of the Carolinas, Inc License #292329

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.46

Parking

  • 1

Home Design

  • Transitional Architecture

Interior Spaces

  • 4 Full Bathrooms
  • Fireplace
  • Wood Flooring
  • Crawl Space

Additional Features

  • Waterfront
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4635-44-5066.000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.86047
  • Ratio Close Price By Original Li: 0.86047
  • Ratio Current Price By Acre: 4021739.13
  • Ratio Current Price By Sq Ft: 430.93
  • Year Built: 1976
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1147
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic Other
  • Laundry Location: Main, Laundry Room, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 3146
  • Total Sq Ft: 4293

Exterior Features

  • Construction: Brick Partial, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Carport - 2 Car, Driveway, Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Elementary School: Woodland Heights
  • Middle School: Brawley
  • High School: Lake Norman

Lot Info

  • Lot Features: Water view, Waterfront
  • Lot Size Area: 0.460
  • Parcel Number: 4635-44-5066.000
  • Zoning Specification: R20

Tax Info

  • Tax Value: 1014340.00
  • Tax Location: Mooresville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 16, 2021
Sold by
Johnson Lance N and Johnson Allcia C
Bought by
Stanley Hardy M and Stanley Kelly Johnson
Seller's Agent
Robin Sams
Carolina Realty Solutions
Buyer's Agent
Beth Graichen
Southern Homes of the Carolinas, Inc
List Price
$2,150,000
Sold Price
$1,850,000
Premium/Discount to List
-$300,000
-13.95%
Current Estimated Value
$2,735,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,502
Avg. Annual Appreciation
9.20%
Original Mortgage
$1,100,000
Outstanding Balance
$997,211
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,725,276

Purchase Details

Listed on
Aug 7, 2017
Closed on
Sep 29, 2017
Sold by
Pounds Frank D and Pounds Mari P
Bought by
Johnson Lance N and Johnson Alicia C
Seller's Agent
Christie Krantz
WEICHERT REALTORS-LKN Partners
Buyer's Agent
Christie Krantz
WEICHERT REALTORS-LKN Partners
List Price
$1,099,000
Sold Price
$1,070,000
Premium/Discount to List
-$29,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$661,930
Interest Rate
4.14%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 29, 2010
Sold by
Schaffner Mark A and Schaffner Beth R
Bought by
Pounds Frank D and Pounds Mari P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lewis David Duane and Lewis Faye Jacquelyn
Bought by
Schaffner Mark A and Schaffner Beth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1990

Purchase Details

Closed on
Jun 1, 1974
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
Stanley Hardy M $1,850,000 None Available
Johnson Lance N $1,070,000 None Available
Pounds Frank D $660,000 None Available
Schaffner Mark A $690,000 --
-- -- --
-- $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley Hardy M $1,100,000
Previous Owner Johnson Lance N $500,000
Previous Owner Johnson Lance $991,250
Previous Owner Johnson Lance N $661,930
Previous Owner Johnson Lance N $300,000
Previous Owner Pounds Frank D $459,000
Previous Owner Pounds Frank D $183,500
Previous Owner Pounds Frank D $417,000
Previous Owner Pounds Frank D $150,000
Previous Owner Schaffner Mark A $575,000
Previous Owner Schaffner Mark A $150,000
Previous Owner Schaffner Mark A $115,000
Previous Owner Schaffner Mark A $552,000
Previous Owner Lewis David Duane $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $1,850,000 -14.0% $431 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $2,150,000 +100.9% $501 / Sq Ft
09/29/2017 09/29/17 Sold $1,070,000 -2.6% $252 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $1,099,000 -- $258 / 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
2024 $11,201 $1,888,260 $875,000 $1,013,260
2023 $11,201 $1,860,740 $875,000 $985,740
2022 $6,425 $1,014,340 $500,000 $514,340
2021 $6,421 $1,014,340 $500,000 $514,340
2020 $6,421 $1,014,340 $500,000 $514,340
2019 $6,320 $1,014,340 $500,000 $514,340
2018 $3,825 $631,530 $400,000 $231,530
2017 $3,825 $631,530 $400,000 $231,530
2016 $3,825 $631,530 $400,000 $231,530
2015 $3,825 $631,530 $400,000 $231,530
2014 $3,650 $648,220 $400,000 $248,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3697335

Canopy MLS (Canopy Realtor® Association)

APN: 4635-44-5066.000