NOT LISTED FOR SALE

769 Kemp Rd Mooresville, NC 28117

Estimated Value: $1,673,000 - $2,782,140

0.84 Acre
$2,661,167 Price per Acre
36,590 Sq Ft Lot

Last Sold June 27, 2014

Last sale price $380,000

Est. 488% increase in value since last sale

Current estimated payment $12,862/month

1,007 Days on Market

About This Lot

As of June 2014

Waterfront Lot w/gentle slope to water level. Over 192' waterfront according to Iredell GIS. Verbal approval from DE-LS for pier permit approval. Existing well and onsite waste disposal system located on lot. Great lot for walk out basement home. All preliminary work completed with septic permit, survey and pier approval. Current contract may not close.

Last Agent to Sell the Property

Sam Redmond

Reddor Realty LLC License #192824 Listed on: 07/11/2011

Last Buyer's Agent

Chris Edmundson

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

Additional Features

  • Waterfront
  • Well

Listing and Financial Details

  • Assessor Parcel Number 4626-06-6650.000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.88993
  • Ratio Close Price By Original Li: 0.87558
  • Ratio Current Price By Acre: 452380.95
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water: Well

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 198x188x192 WF x242
  • Lot Features: Waterfront, Water view
  • Lot Size Area: 0.840
  • Lot Size Units: Acres
  • Parcel Number: 4626-06-6650.000
  • Zoning Specification: Rr

Tax Info

  • Tax Value: 405200.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Guglielmi Nicholas A and Guglielmi Joan Salerno
Bought by
Degroot Etienne and Degroot Diane
Current Estimated Value
$2,235,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,357,249
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$878,131

Purchase Details

Closed on
Jul 9, 2015
Sold by
Jasper Builders Inc
Bought by
Salerno Guglielmi Nicholas and Salerno Guglielmi Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,988
Interest Rate
4.08%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 11, 2011
Closed on
Jun 27, 2014
Sold by
Godlewski Linda Kay Locke and Godlewski Linda Kay
Bought by
Jasper Builders Inc
Seller's Agent
Sam Redmond
Reddor Realty LLC
Buyer's Agent
Chris Edmundson
RE/MAX Executive
List Price
$434,000
Sold Price
$380,000
Premium/Discount to List
-$54,000
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$624,106
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 1992

Purchase Details

Closed on
Jun 1, 1978
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
Degroot Etienne $2,175,000 Chicago Title Insurance Co
Degroot Family Trust -- None Listed On Document
Salerno Guglielmi Nicholas $436,000 Attorney
Jasper Builders Inc $380,000 None Available
-- -- --
-- $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degroot Family Trust $1,500,000
Closed Degroot Family Trust $1,500,000
Previous Owner Salerno Guglielmi Nicholas $806,988
Previous Owner Jasper Builders Inc $624,106
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $380,000 -12.4% --
04/13/2014 04/13/14 Pending -- -- --
07/11/2011 07/11/11 For Sale $434,000 -- --
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 $12,546 $1,527,420 $675,000 $852,420
2023 $9,072 $1,527,420 $675,000 $852,420
2022 $6,732 $1,063,270 $475,000 $588,270
2021 $6,728 $1,063,270 $475,000 $588,270
2020 $6,728 $1,063,270 $475,000 $588,270
2019 $6,622 $1,063,270 $475,000 $588,270
2018 $5,511 $913,670 $400,000 $513,670
2017 $5,511 $913,670 $400,000 $513,670
2016 $4,329 $715,770 $400,000 $315,770
2015 $2,435 $407,450 $400,000 $7,450
2014 $2,301 $405,200 $400,000 $5,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR2029873

Canopy MLS (Canopy Realtor® Association)

APN: 4626-06-6650.000