Seller's Agent in 2022
Crystal McIntosh
EXP Realty LLC Mooresville
(704) 657-3127
12 in this area
75 Total Sales
7087 Wateredge Dr Sherrills Ford, NC 28673
Estimated Value: $605,804 - $706,000
2
Beds
1
Bath
825
Sq Ft
$780/Sq Ft
Est. Value
Highlights
- Waterfront
- Ranch Style House
- Laundry Room
- Sherrills Ford Elementary School Rated A-
- Wood Flooring
- Shed
About This Home
As of November 2022Calling all investors. Here is your chance to own waterfront on Lake Norman for a fraction of waterfront price. The house has so much potential!! A large 2 story deck spanning the entire back of the home allows for wonderful waterfront views. Aprox.,112 feet of shoreline with deep water (per the seller) New stainless Appliances will convey along w/washer & dryer. Parts of the home that have new flooring and recent paint, and the septic was just pumped 3 years ago. There IS work to be done, but it would make a perfect investment home for VRBO. There was a dock when the home was bought in 2005, but it is not there now. Only the pilings remain. There is no permit on file with Duke for a dock, (the previous one was never permitted) owner will make no representations if a new one can be placed. Buyer would need to purchase with the assumption a dock is not admissible. Home is being sold AS-IS. Seller to make no repairs. Seller prefers closing prior to November 3rd. DO NOT go out onto pier
Last Agent to Sell the Property
EXP Realty LLC Mooresville License #289733 Listed on: 09/30/2022
Last Buyer's Agent
EXP Realty LLC Mooresville License #289733 Listed on: 09/30/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,418
Year Built
- Built in 1967
Lot Details
- Waterfront
- Zoning described as R-30
Parking
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- Propane Fireplace
Kitchen
- Oven
- Electric Cooktop
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Shed
- Outbuilding
Schools
- Sherrills Ford Elementary School
- Mill Creek Middle School
- Bandys High School
Utilities
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 4607170117820000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2022
Closed on
Nov 2, 2022
Sold by
Smith Barbara
Bought by
Peterson Craig Allen
Seller's Agent
Crystal McIntosh
EXP Realty LLC Mooresville
Buyer's Agent
Crystal McIntosh
EXP Realty LLC Mooresville
List Price
$599,999
Sold Price
$500,000
Premium/Discount to List
-$99,999
-16.67%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,701
Avg. Annual Appreciation
10.37%
Purchase Details
Closed on
Sep 16, 2005
Sold by
Bailey Judith Self and Bailey Glenn R
Bought by
Smith Thomas P and Smith Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
5.44%
Mortgage Type
Fannie Mae Freddie Mac
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson Craig Allen | $500,000 | -- | |
| Smith Thomas P | $290,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Thomas P | $43,500 | |
| Previous Owner | Smith Thomas P | $232,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $500,000 | -16.7% | $606 / Sq Ft |
| 10/09/2022 10/09/22 | Pending | -- | -- | -- |
| 09/30/2022 09/30/22 | For Sale | $599,999 | -- | $727 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $2,418 | $491,000 | $187,500 | $303,500 |
| 2023 | $2,369 | $289,300 | $112,500 | $176,800 |
| 2022 | $2,040 | $289,300 | $112,500 | $176,800 |
| 2021 | $2,040 | $289,300 | $112,500 | $176,800 |
| 2020 | $2,040 | $289,300 | $112,500 | $176,800 |
| 2019 | $2,040 | $289,300 | $0 | $0 |
| 2018 | $1,765 | $257,700 | $112,500 | $145,200 |
| 2017 | $1,765 | $0 | $0 | $0 |
| 2016 | $1,765 | $0 | $0 | $0 |
| 2015 | $1,954 | $257,720 | $112,500 | $145,220 |
| 2014 | $1,954 | $325,700 | $112,500 | $213,200 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal McIntosh
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3909724
APN: 4607170117820000
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