NOT LISTED FOR SALE

7118 Beargrass Rd Sherrills Ford, NC 28673

Estimated Value: $580,000 - $639,138

4 Beds
2 Baths
1,848 Sq Ft
$333/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $459,000 $248 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,456/month

70 Days on Market

Highlights

  • Waterfront
  • Fireplace
  • Shed
  • Sherrills Ford Elementary School Rated A-
  • Breakfast Bar

About This Home

As of October 2021

Situated on Lake Norman is this four bedroom, 2 bathroom lakefront home loaded with potential. Make your way around back and fall in love with the peaceful view of the water. The back deck is going to be your new favorite spot to relax after a long day. During the warmer months you are sure to enjoy all that lake living has to offer. The main floor features 3 bedrooms and a spacious living room. Downstairs you will find an additional bed and bath along with the kitchen, dining area and another living space. Off the dining area is a patio which would be great for enjoying meals and entertaining. With some TLC this home could be a real gem. This home is conveniently located about twenty minutes from Mooresville shopping/restaurants and around ten minutes to Hwy 16. This is a wonderful opportunity to fulfill your lake living dreams at a reasonable price!

Last Agent to Sell the Property

Amy Gilleland

Gilleland Realty Inc License #305900 Listed on: 06/18/2021

Last Buyer's Agent

Shaun Kelly

Keller Williams Unified License #319178

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.49

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Breakfast Bar

Additional Features

  • Shed
  • Waterfront
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 460701180482

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Ratio Close Price By List Price: 0.95625
  • Ratio Close Price By Original Li: 0.95625
  • Ratio Current Price By Acre: 936734.69
  • Ratio Current Price By Sq Ft: 248.38
  • Year Built: 1973
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Inside Entrance, Basement Outside Entrance
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Equipment: Electric Range
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar
  • Room Count: 2
  • Sq Ft Basement: 887
  • Main Level Sq Ft: 961
  • Total Sq Ft: 1848

Exterior Features

  • Construction: Concrete Block, Hardboard Siding
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Earth
  • Parking: Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Community Well
  • Water Heater: Electric

Lot Info

  • Lot Features: Lake, Lake Access, Waterfront
  • Parcel Number: 460701180482
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 257500.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Kelly Tessa and Kelly Shaun
Bought by
Weaver Douglas B and Weaver Kimberly T
Current Estimated Value
$614,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$321,021
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$293,764

Purchase Details

Listed on
Jun 18, 2021
Closed on
Oct 4, 2021
Sold by
Martha Sigmon Jarrett Irrevocable Trust
Bought by
Kelly Tessa and Kelly Shaun
Seller's Agent
Amy Gilleland
Gilleland Realty Inc
Buyer's Agent
Shaun Kelly
Keller Williams Unified
List Price
$480,000
Sold Price
$459,000
Premium/Discount to List
-$21,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Dec 4, 2014
Sold by
Jarret Martha Sigmon
Bought by
Jarrett Fred E

Purchase Details

Closed on
Apr 27, 1965
Bought by
Jarrett Fred Elliott and Jarrett Martha
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
Weaver Douglas B $610,000 None Listed On Document
Weaver Douglas B $610,000 None Listed On Document
Kelly Tessa $459,000 None Listed On Document
Jarrett Fred E -- None Available
Jarrett Fred Elliott $1,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weaver Douglas B $324,000
Closed Weaver Douglas B $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $459,000 -4.4% $248 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $480,000 +4.6% $260 / Sq Ft
07/12/2021 07/12/21 Off Market $459,000 -- --
06/30/2021 06/30/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $480,000 -- $260 / 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 $2,666 $567,000 $222,000 $345,000
2024 $2,666 $541,300 $222,000 $319,300
2023 $2,612 $277,800 $100,600 $177,200
2022 $1,958 $277,800 $100,600 $177,200
2021 $1,815 $257,500 $100,600 $156,900
2020 $1,815 $257,500 $100,600 $156,900
2019 $1,815 $257,500 $0 $0
2018 $1,582 $230,900 $100,600 $130,300
2017 $1,582 $0 $0 $0
2016 $1,582 $0 $0 $0
2015 $1,592 $230,870 $100,600 $130,270
2014 $1,592 $265,400 $100,500 $164,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3745136

Canopy MLS (Canopy Realtor® Association)

APN: 4607011804820000