NOT LISTED FOR SALE

718 Big Indian Loop Mooresville, NC 28117

Estimated Value: $903,000 - $1,057,138

4 Beds
3.5 Baths
4,275 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $515,000 $120 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,445/month

485 Days on Market

Highlights

  • Water Views
  • Above Ground Pool
  • 1.89 Acre Lot
  • Lakeshore Elementary School Rated A-
  • Sauna
  • Open Floorplan

About This Home

As of November 2019

MASTER ON MAIN. This Custom-Built Home sits atop 1.89 acres overlooking a serene water view. Updated Baths, new tile flooring, lighting & fixtures. New roof & fresh paint throughout 2018/2019. Open Floor Plan features soaring ceilings, wood burning fireplace, crown molding & wainscoting. Large eat-in kitchen w/custom cabinets and buffet, quartz counter tops, lit display cases, and gas stove-top center island – the perfect gathering place for the entire family. Master Suite on MAIN LEVEL features tray ceiling, updated bath w/ His/Her vanity, closets & heated floors. Two additional main floor bedrooms. Newly carpeted LARGE multi-purpose bonus room, additional bedroom & hall bath on lofted second level, perfect for kids or guests. Sunroom leads to a large decked-in pool for hot summer days. Custom designed outdoor sauna. Tons of storage space w/ both attached & detached 2-car garages. Circular drive, invisible fencing, & more. Don’t miss this Southern Charmer w/ rocking chair front porch!

Last Agent to Sell the Property

Jerri-Lynn Newell

Howard Hanna Allen Tate Lake Norman Brokerage Email: jerri-lynn.newell@allentate.com License #295627 Listed on: 06/14/2018

Howard Hanna Allen Tate Lake Norman

Last Buyer's Agent

Rob Johnston

EXP Realty LLC Mooresville License #196480

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 1994

Lot Details

  • 1.89 Acre Lot
  • Front Green Space
  • Sloped Lot
  • Wooded Lot
  • Property is zoned RA

Parking

  • 4 Car Garage
  • Circular Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family Room with Fireplace
  • Storage
  • Sauna
  • Water Views
  • Crawl Space
  • Home Security System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed
  • Enclosed Glass Porch

Schools

  • Lakeshore Elementary And Middle School
  • Lake Norman High School

Utilities

  • Air Filtration System
  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Indian Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4648-35-5583.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,342

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1994
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 120.47
  • Attribution Contact: jerri-lynn.newell@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Other - See Remarks
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Other, Breakfast Bar, Built-in Features, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Sauna, Storage, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2987
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 542
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 542
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1288
  • Appliances: Convection Oven, Dishwasher, Disposal, Down Draft, Electric Water Heater, Exhaust Fan, Filtration System, Gas Cooktop, Microwave, Oven, Plumbed For Ice Maker, Refrigerator
  • Above Grade Finished Sq Ft: 4275
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 4275
  • Window Features: Skylight(s), Window Treatments
  • Bedroom Main: 3

Exterior Features

  • Exterior Features: Above Ground Pool, Sauna
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • View: Water, Year Round
  • Waterfront Features: Lake
  • Construction Type: Brick Partial, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Front Porch, Glass Enclosed, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Attached Garage, Detached Garage, Garage Faces Side

Utilities

  • Heating: Central, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Security System
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Lakeshore
  • HOA Subject To: None

Lot Info

  • Lot Features: Green Area, Sloped, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 4648-35-5583.000
  • Plat Reference Section Pages: 1307
  • Lot Size Acres: 1.89
  • Lot Size Sq Ft: 82328
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Rental Info

  • Hold Date: 2018-08-29

MLS Schools

  • Elementary School: Lakeshore
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Nov 14, 2019
Sold by
Hare James E
Bought by
Baker Adam and Baker Theresa
Seller's Agent
Jerri-Lynn Newell
Howard Hanna Allen Tate Lake Norman
Buyer's Agent
Rob Johnston
EXP Realty LLC Mooresville
List Price
$595,000
Sold Price
$515,000
Premium/Discount to List
-$80,000
-13.45%
Current Estimated Value
$971,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,035
Avg. Annual Appreciation
11.23%
Original Mortgage
$469,293
Outstanding Balance
$413,267
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$557,768

Purchase Details

Closed on
Apr 23, 2016
Sold by
Hare James E and Hare Alena
Bought by
Hare James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Interest Rate
3.97%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 26, 2012
Sold by
Livingston Julia Ann and Livingston Charles F
Bought by
Hare James E and Hare Alena

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Dec 1, 1992
Source: Public Records

Range of Values:

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Average Value
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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
Baker Adam $515,000 None Available
Hare James E -- None Available
Hare James E $450,000 None Available
-- $42,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Adam $469,293
Previous Owner Hare James E $697,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $515,000 -11.7% $120 / Sq Ft
10/13/2019 10/13/19 Pending -- -- --
09/18/2019 09/18/19 Price Changed $583,000 -1.0% $136 / Sq Ft
08/04/2019 08/04/19 Price Changed $589,000 -1.0% $138 / Sq Ft
06/24/2019 06/24/19 For Sale $595,000 +15.5% $139 / Sq Ft
06/15/2019 06/15/19 Off Market $515,000 -- --
06/13/2019 06/13/19 Price Changed $595,000 -4.8% $139 / Sq Ft
12/11/2018 12/11/18 Price Changed $625,000 0.0% $146 / Sq Ft
12/11/2018 12/11/18 For Sale $625,000 +21.4% $146 / Sq Ft
08/29/2018 08/29/18 Off Market $515,000 -- --
07/13/2018 07/13/18 Price Changed $599,900 -4.0% $140 / Sq Ft
06/14/2018 06/14/18 For Sale $625,000 -- $146 / 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 $4,342 $725,770 $146,250 $579,520
2023 $4,342 $725,770 $146,250 $579,520
2022 $3,161 $494,160 $123,000 $371,160
2021 $3,157 $494,160 $123,000 $371,160
2020 $3,098 $484,770 $123,000 $361,770
2019 $2,953 $484,770 $123,000 $361,770
2018 $2,673 $438,690 $123,500 $315,190
2017 $2,673 $438,690 $123,500 $315,190
2016 $2,673 $438,690 $123,500 $315,190
2015 $2,673 $438,690 $123,500 $315,190
2014 -- $454,710 $123,500 $331,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3396218

Canopy MLS (Canopy Realtor® Association)

APN: 4648-35-5583.000