NOT LISTED FOR SALE

7412 Gabriel St Sherrills Ford, NC 28673

Estimated Value: $840,000 - $1,091,000

3 Beds
4 Baths
3,025 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $815,000 $269 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,707/month

132 Days on Market

Highlights

  • Water Views
  • Detached Garage
  • Detached Carport Space
  • Sherrills Ford Elementary School Rated A-
  • Laundry Room
  • Central Air

About This Home

As of December 2023

Welcome to this charming lakefront property that offers a unique opportunity to create your dream retreat. Nestled on a generous lot, this home comes complete with a detached garage featuring a studio above, a bathhouse, a covered picnic area, and a private dock. While it may require some updating and work, its abundance of potential promises a truly exceptional living experience............ PROPERTY IS BEING SOLD AS-IS!




VIDEO OF THE PROPERTY: https://youtu.be/3ng-VZPMD7o

Last Agent to Sell the Property

Ben Moss

EXP Realty LLC Mooresville Brokerage Email: benjamin.moss@exprealty.com License #294396 Listed on: 06/27/2023

EXP Realty LLC Mooresville

Last Buyer's Agent

Kelly Meyer

Vessel Realty License #285766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1967

Lot Details

  • Property is zoned R-30

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 4 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Detached Garage
  • Detached Carport Space

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4607033366130000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1967
  • Special Assessment Description: NONE
  • Proposed Special Assessment Desc: NONE
  • Road Surface Type: Asphalt
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 269.42
  • Geocode Confidence: High
  • Attribution Contact: benjamin.moss@exprealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1559
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Electric Oven
  • Above Grade Finished Sq Ft: 1559
  • Has Basement: Daylight, Exterior Entry, Finished, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1466
  • Living Area: 3025
  • Bedroom Main: 2
  • Room Count: 3
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • View: Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Detached Garage

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Area: 0.95
  • Lot Size Units: Acres
  • Parcel Number: 4607033366130000
  • Zoning: R-30
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-30

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Dec 28, 2023
Sold by
Morris Joel Sigtnon and Morris Kathleen A
Bought by
Thomas Jill and Thomas Kevin
Seller's Agent
Ben Moss
EXP Realty LLC Mooresville
Buyer's Agent
Kelly Meyer
Vessel Realty
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Views
281
Current Estimated Value
$978,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,640
Avg. Annual Appreciation
11.98%
Original Mortgage
$489,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2017
Sold by
Morris Kathleen A
Bought by
Morris Joel Sigmon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$889,500
Interest Rate
4.5%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 20, 2011
Sold by
Morris Joel Sigmon and Morris Kathleen A
Bought by
Morris Joel Sigmon and Morris Kathleen A
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
Thomas Jill -- None Listed On Document
Morris Joel Sigmon -- None Available
Morris Joel Sigmon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Jill M $100,000
Open Thomas Jill $500,001
Closed Thomas Jill $489,000
Previous Owner Morris Joel Sigmon $889,500
Previous Owner Morris Joel S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $815,000 -4.1% $269 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/01/2023 10/01/23 Price Changed $849,900 -5.0% $281 / Sq Ft
09/03/2023 09/03/23 For Sale $895,000 +9.8% $296 / Sq Ft
09/01/2023 09/01/23 Off Market $815,000 -- --
08/19/2023 08/19/23 Price Changed $895,000 -5.3% $296 / Sq Ft
08/04/2023 08/04/23 Price Changed $945,000 -5.0% $312 / Sq Ft
06/27/2023 06/27/23 For Sale $995,000 -- $329 / 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 $4,178 $848,300 $345,800 $502,500
2023 $4,098 $510,900 $168,000 $342,900
2022 $3,602 $510,900 $168,000 $342,900
2021 $3,602 $510,900 $168,000 $342,900
2020 $3,602 $510,900 $168,000 $342,900
2019 $3,599 $510,500 $0 $0
2018 $3,111 $454,100 $167,600 $286,500
2017 $3,111 $0 $0 $0
2016 $3,111 $0 $0 $0
2015 $2,942 $454,070 $167,600 $286,470
2014 $2,942 $490,400 $167,400 $323,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4043965

Canopy MLS (Canopy Realtor® Association)

APN: 4607033366130000