NOT LISTED FOR SALE

7245 Static Way Unit 15 Sherrills Ford, NC 28673

Estimated Value: $640,000 - $772,786

0.98 Acre
$705,813 Price per Acre
42,689 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $50,000

Est. 1,296% increase in value since last sale

Current estimated payment $4,008/month

145 Days on Market

Highlights

  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Corner Lot

About This Lot

As of October 2021

Great corner lot (#15) in the peaceful Edgewater community. Beautiful lot in the lovely Edgewater community. Bring your own builder, no time limit to build. Septic to be installed by buyer, and connection fee and county capital fee to be paid for by buyer. Call list office for further information. Great location near Denver, Mooresville, Hickory & Charlotte. Convenient to shopping and medical. Close to Hwy 150 & 16 and the new Publix in Sherrills Ford. Easy drive to charlotte airport on new highway 16.

Last Agent to Sell the Property

Lisa Cernuto

Mooresville Realty LLC License #201272 Listed on: 05/16/2021

Mooresville Realty LLC

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Property Type

  • Land

Lot Details

  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $38 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

  • Bumgardner Associates Association, Phone Number (704) 829-7878

Listing and Financial Details

  • Assessor Parcel Number 4607182154620000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 51020.41
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Additional Information: Perc Report
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • H O A Management Phone: 704-829-7878

Utilities

  • Sewer: Septic Needed
  • Water: County Water, Tap Fee Required

Condo/Co-op/Association

  • Association Fee: 450.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bumgardner Associates
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Dimension: 107Rx324Rx126x338
  • Lot Features: Corner Lot, Level, Wooded
  • Lot Size Area: 0.980
  • Parcel Number: 4607182154620000
  • Zoning Specification: R-30
  • Plat Book Slide: 61/198

Tax Info

  • Tax Value: 38000.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2025
Sold by
Johnson Sarah and Polom Corey
Bought by
Ambrose Michael and Ambrose Holly
Current Estimated Value
$698,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Outstanding Balance
$644,367
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$63,053

Purchase Details

Closed on
Aug 30, 2022
Sold by
Edgewater Investments Llc
Bought by
Polom Corey and Johnston Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,487
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2021
Closed on
Dec 8, 2021
Sold by
Hoffman Richard A and Hoffman Gail L
Bought by
Edgewater Investments Llc
Seller's Agent
Lisa Cernuto
Mooresville Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.37%
Original Mortgage
$414,000
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 2, 2009
Sold by
Greenbay Forest Llc
Bought by
Hoffman Richard A and Hoffman Gail L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,750
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Ambrose Michael $680,000 None Listed On Document
Polom Corey $650,500 None Listed On Document
Edgewater Investments Llc $50,000 None Listed On Document
Hoffman Richard A $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambrose Michael $646,000
Previous Owner Polom Corey $583,487
Previous Owner Edgewater Investments Llc $414,000
Previous Owner Arndt Benjamin Lewis $346,250
Previous Owner Hoffman Richard A $18,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $50,000 0.0% --
05/16/2021 05/16/21 For Sale $50,000 -- --
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 $3,185 $646,600 $53,000 $593,600
2023 $3,120 $38,000 $0 $0
2022 $268 $38,000 $38,000 $0
2021 $268 $38,000 $38,000 $0
2020 $268 $38,000 $38,000 $0
2019 $268 $38,000 $0 $0
2018 $258 $37,600 $37,600 $0
2017 $258 $0 $0 $0
2016 $258 $0 $0 $0
2015 $380 $37,600 $37,600 $0
2014 $380 $63,300 $63,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3736057

Canopy MLS (Canopy Realtor® Association)

APN: 4607182154620000