NOT LISTED FOR SALE

7348 Gilead Rd Huntersville, NC 28078

Estimated Value: $361,000 - $396,000

3 Beds
2 Baths
1,487 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $300,000 $202 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,248/month

1 Day on Market

Highlights

  • Clubhouse
  • Cottage
  • Gas Log Fireplace
  • Community Pool
  • Carpet

About This Home

As of July 2021

*Multiple Offers Received: Sellers asking for all offers to be submitted by 6pm on 6/19* Wow! This incredibly charming, Saussy Burbank home boasts laminate wood floors throughout most of the main, newer appliances, a gas fireplace, an owner's suite on the second level, and a recently added wood/composite deck on the back of the home. The spacious master bedroom also has his/her walk-in closets. The community is conveniently located to Lake Norman, restaurants, shops, and I-77. Nest Doorbell equipment will also convey with the home.

Last Agent to Sell the Property

Jeff Arzonico

EXP Realty LLC Mooresville License #281291 Listed on: 06/18/2021

EXP Realty LLC Mooresville

Co-Listed By

Kelly Upchurch

EXP Realty LLC Mooresville License #303680

Last Buyer's Agent

Kevin Keeter

Berkshire Hathaway HomeServices Carolinas Realty License #296620

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 3,920

HOA Fees

  • $66 Monthly HOA Fees

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 015-043-19

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Built by Saussy Burbank

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.09091
  • Ratio Close Price By Original Li: 1.09091
  • Ratio Current Price By Acre: 3333333.33
  • Ratio Current Price By Sq Ft: 201.75
  • Year Built: 2007
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 547
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Exhaust Fan, Ice Maker Connection, Microwave
  • Fireplace Description: FAMILYRM, Gas Logs
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-644-8808
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 940
  • Total Sq Ft: 1487

Exterior Features

  • Construction: Hardboard Siding
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Sidewalk
  • Association Fee: 199.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: .09
  • Parcel Number: 015-043-19
  • Zoning Specification: TR

Building Info

  • Builder Name: Saussy Burbank

Tax Info

  • Tax Value: 195100.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 20, 2021
Sold by
Garlock Michael Scott and Garlock Angela Kay
Bought by
Lilley Lessly N and Lilley Bryant D
Seller's Agent
Jeff Arzonico
EXP Realty LLC Mooresville
Buyer's Agent
Kevin Keeter
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$275,000
Sold Price
$300,000
Premium/Discount to List
$25,000
9.09%
Current Estimated Value
$374,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,589
Avg. Annual Appreciation
5.27%
Original Mortgage
$289,656
Outstanding Balance
$262,818
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$111,771

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 9, 2017
Sold by
Blackwell James Ryan and Blackwell Samantha J
Bought by
Garlock Michael Scott and Garlock Angela Kay
Seller's Agent
Christi D'Amelio
Howard Hanna Allen Tate Huntersville
Buyer's Agent
Connie Burrow
Puma & Associates Realty, Inc.
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$171,830
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2014
Sold by
Schlee Scott and Schlee Tracy
Bought by
Blackwell James Ryan and Blackwell Samantha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,319
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2008
Sold by
Mid Atlantic Homes Llc
Bought by
Schlee Tracy and Schlee Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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
Lilley Lessly N $300,000 Tryon Title Agency Llc
Garlock Michael Scott $175,000 None Available
Blackwell James Ryan $148,000 Master Title
Schlee Tracy $151,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilley Lessly N $289,656
Previous Owner Garlock Michael Scott $171,830
Previous Owner Blackwell James Ryan $145,319
Previous Owner Schlee Tracy $120,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $300,000 +9.1% $202 / Sq Ft
06/20/2021 06/20/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $275,000 +57.1% $185 / Sq Ft
05/09/2017 05/09/17 Sold $175,000 -2.8% $119 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $180,000 -- $123 / 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 $2,547 $329,800 $75,000 $254,800
2024 $2,547 $329,800 $75,000 $254,800
2023 $2,339 $329,800 $75,000 $254,800
2022 $1,847 $196,200 $55,000 $141,200
2021 $1,830 $196,200 $55,000 $141,200
2020 $1,805 $195,100 $55,000 $140,100
2019 $1,789 $195,100 $55,000 $140,100
2018 $1,717 $142,300 $35,000 $107,300
2017 $1,691 $142,300 $35,000 $107,300
2016 $1,687 $142,300 $35,000 $107,300
2015 $1,684 $142,300 $35,000 $107,300
2014 $1,682 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3751845

Canopy MLS (Canopy Realtor® Association)

APN: 015-043-19