P
Seller's Agent in 2022
Paul Tyson
Lake Norman Realty, Inc.
(704) 806-5871
3 in this area
30 Total Sales
7103 Wateredge Dr Sherrills Ford, NC 28673
Estimated Value: $605,000 - $742,346
0.77
Acre
$903,360
Price per Acre
33,541
Sq Ft Lot
Highlights
- Boathouse
- Covered Dock
- Pier
- Sherrills Ford Elementary School Rated A-
About This Lot
As of March 2022Incredible building lot on Lake Norman in Sherrills Ford with water on 3 sides. This beautiful point lot has recently been cleared for building and is approximately 3/4 acre. Build your dream home on this gentle slope ideal for walk out basement. The covered and floating Dock is older and in need of repair / replacement. Dock tag #14611. Deep year-round water. Beautiful view,
The lot has a boathouse at waters edge with a small studio apartment above it. Apartment requires renovation.
Prior to recent demolition, home had a working septic and well. Condition unknown.
Last Agent to Sell the Property
Lake Norman Realty, Inc. License #276898 Listed on: 01/14/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,738
Lot Details
- Possible uses of the property include Residential
- Zoning described as R-30
Outdoor Features
- Pier
- Waterfront has a Concrete Retaining Wall
- Boathouse
- Covered Dock
Utilities
- Septic Equal To The Number Of Bedrooms: 2
- Septic Tank
- Septic Needed
Listing and Financial Details
- Assessor Parcel Number 460717015629000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2024
Sold by
Kuitems Frank David
Bought by
Mike & Cecilia Barnes Trust and Barnes
Current Estimated Value
Purchase Details
Listed on
Jan 14, 2022
Closed on
Mar 8, 2022
Sold by
Joe Vance Tommy
Bought by
Ku Frank David
Seller's Agent
Paul Tyson
Lake Norman Realty, Inc.
Buyer's Agent
Matt Sarver
Keller Williams Lake Norman
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%
Original Mortgage
$552,000
Interest Rate
3.01%
Mortgage Type
Balloon
Purchase Details
Listed on
Aug 20, 2020
Closed on
Oct 28, 2020
Sold by
Old Lions Nc Preservation Llc
Bought by
Vance Tommy Joe and Vance Crystal
Seller's Agent
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
Buyer's Agent
Paul Tyson
Lake Norman Realty, Inc.
List Price
$525,000
Sold Price
$450,000
Premium/Discount to List
-$75,000
-14.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.71%
Original Mortgage
$405,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 6, 2018
Sold by
Heafner James Hal and Heafner Elizabeth Neely
Bought by
Old Lions Preservation Llc
Purchase Details
Closed on
Jun 1, 1995
Bought by
Bogert Brenda W and Bogert Barbara W
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 |
|---|---|---|---|
| Mike & Cecilia Barnes Trust | $670,000 | None Listed On Document | |
| Ku Frank David | $690,000 | Jonas Law Firm Pllc | |
| Vance Tommy Joe | $450,000 | None Available | |
| Old Lions Preservation Llc | -- | None Available | |
| Bogert Brenda W | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ku Frank David | $552,000 | |
| Previous Owner | Vance Tommy Joe | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/29/2022 03/29/22 | Sold | $690,000 | -1.4% | $1,071 / Sq Ft | |
| 01/30/2022 01/30/22 | For Sale | $700,000 | 0.0% | $1,087 / Sq Ft | |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- | |
| 01/14/2022 01/14/22 | For Sale | $700,000 | +55.6% | $1,087 / Sq Ft | |
| 11/03/2020 11/03/20 | Sold | $450,000 | -14.3% | $184 / Sq Ft | View Prior Sale |
| 09/04/2020 09/04/20 | Pending | -- | -- | -- | |
| 08/20/2020 08/20/20 | For Sale | $525,000 | -- | $215 / 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 |
|---|---|---|---|---|
| 2025 | $2,738 | $567,800 | $296,000 | $271,800 |
| 2024 | $2,738 | $555,900 | $296,000 | $259,900 |
| 2023 | $2,682 | $297,900 | $176,700 | $121,200 |
| 2022 | $2,100 | $297,900 | $176,700 | $121,200 |
| 2021 | $2,396 | $339,900 | $176,700 | $163,200 |
| 2020 | $2,396 | $339,900 | $176,700 | $163,200 |
| 2019 | $2,396 | $339,900 | $0 | $0 |
| 2018 | $2,691 | $392,800 | $177,200 | $215,600 |
| 2017 | $2,691 | $0 | $0 | $0 |
| 2016 | $2,691 | $0 | $0 | $0 |
| 2015 | $2,468 | $392,800 | $177,200 | $215,600 |
| 2014 | $2,468 | $411,300 | $177,100 | $234,200 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Tyson
-
Matt Sarver
Buyer's Agent in 2022
Matt Sarver
Keller Williams Lake Norman
(704) 575-8176
9 in this area
427 Total Sales
-
Mike & Erin Toste
Seller's Agent in 2020
Mike & Erin Toste
Southern Homes of the Carolinas, Inc
(704) 584-9781
18 in this area
67 Total Sales
-
Chelsea Pegram
Seller Co-Listing Agent in 2020
Chelsea Pegram
Southern Charm Realty & Retreats INC
(704) 245-7633
15 in this area
157 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3820180
APN: 4607170156290000
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