NOT LISTED FOR SALE

7862 Long Bay Pkwy Unit 21 Catawba, NC 28609

Estimated Value: $997,000 - $1,395,476

0.81 Acre
$1,454,777 Price per Acre
35,284 Sq Ft Lot

Last Sold March 28, 2022

Last sale price $220,000

Est. 436% increase in value since last sale

Current estimated payment $6,807/month

107 Days on Market

Highlights

  • Pier
  • Community Lake
  • Wooded Lot
  • Waterfront
  • Private Lot
  • Trails

About This Lot

As of March 2022

Your piece of Lake Norman paradise awaits you on this large .81 acre waterfront lot just off the main channel with a dock already in place! Use the dock for your boat as you build your custom lakeside retreat! Enjoy privacy and tranquility, along with neighborhood walking trails through 50 acre park. You can bring your own builder and there is No time limit to build! (Expired septic permit was for 4 bedroom home). Buy now, enjoy the lake this summer & build when you are ready!

Last Agent to Sell the Property

Elizabeth Davis

Keller Williams Unified License #179636 Listed on: 07/06/2021

Keller Williams Unified

Last Buyer's Agent

Stacy Vaughn

EXP Realty LLC Mooresville License #183573

EXP Realty LLC Mooresville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,585

Lot Details

  • Lot Dimensions are 93x284xx66x159x468
  • Waterfront
  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as R-30

HOA Fees

  • $29 Monthly HOA Fees

Schools

  • Catawba Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 4
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 47000028988530000

Community Details

Overview

  • MM Mgmt Services Of Lkn Association, Phone Number (704) 430-0729
  • Long Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Trails
  • Pier

Property Details

Property Type

Land

Est. Annual Taxes

$6,585

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 271604.94
  • Restrictions: Architectural Review,Livestock Restriction,Square Feet
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Catawba
  • Wooded Acres: 0.81
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 4
  • Utilities: None
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Lake, Walking Trails
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: MM Mgmt Services of LKN
  • Phone: 704-430-0729
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: Required

Lot Info

  • Lot Features: Lake On Property, Private, Wooded, Views, Water View, Waterfront, Wooded
  • Lot Size Area: 0.81
  • Lot Size Units: Acres
  • Parcel Number: 47000028988530000
  • Out Buildings Yn: 0
  • Plat Reference Section Pages: 54-57
  • Lot Size: 93X284XX66X159X468
  • Zoning Description: R-30

Tax Info

  • RATIO List Price By Tax Amount: 2.46440

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Catawba
  • High School: Bandys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Mar 24, 2022
Sold by
Sari Rosenthal
Bought by
Ashe David Michael and Ashe Beatrice Kristine
Seller's Agent
Elizabeth Davis
Keller Williams Unified
Buyer's Agent
Stacy Vaughn
EXP Realty LLC Mooresville
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$1,178,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,369
Avg. Annual Appreciation
60.23%
Original Mortgage
$948,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 21, 2014
Sold by
Dado Russell and Dado Jaime
Bought by
Rosenthal Sari

Purchase Details

Closed on
May 21, 2012
Sold by
Branch Banking & Trust Company
Bought by
Dado Russell

Purchase Details

Closed on
Dec 2, 2009
Sold by
Kenneth Bealer Homes Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Feb 13, 2007
Sold by
Musgrove Edward Charles and Musgrove Traci Lee
Bought by
Kenneth Bealer Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.93%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 21, 2005
Sold by
Bridgewater V Llc
Bought by
Musgrove Edward Charles and Musgrove Traci Lee
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
Ashe David Michael $220,000 Investors Title
Rosenthal Sari $91,000 None Available
Dado Russell $63,000 None Available
Branch Banking & Trust Company $148,000 None Available
Kenneth Bealer Homes Inc $205,000 None Available
Musgrove Edward Charles $107,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ashe David Michael $948,000
Previous Owner Kenneth Bealer Homes Inc $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $220,000 -2.2% --
10/21/2021 10/21/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $225,000 -- --
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
2025 $6,585 $1,302,700 $133,800 $1,168,900
2024 $6,585 $1,302,700 $133,800 $1,168,900
2023 $704 $91,300 $85,600 $5,700
2022 $644 $91,300 $85,600 $5,700
2021 $644 $91,300 $85,600 $5,700
2020 $644 $91,300 $85,600 $5,700
2019 $644 $91,300 $0 $0
2018 $610 $90,300 $85,100 $5,200
2017 $610 $0 $0 $0
2016 $610 $0 $0 $0
2015 $846 $90,300 $85,100 $5,200
2014 $846 $141,000 $133,500 $7,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3758100

Canopy MLS (Canopy Realtor® Association)

APN: 4700028988530000