NOT LISTED FOR SALE

8106 Summit Ridge Dr Unit 10 Catawba, NC 28609

Estimated Value: $173,000 - $280,365

1.35 Acres
$154,327 Price per Acre
58,806 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $109,000 $35 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,205/month

68 Days on Market

Highlights

  • Waterfront
  • Community Lake
  • Wooded Lot
  • Bandys High School Rated 9+

About This Lot

As of July 2020

OWNER FINANCING IS AVAILABLE FOR THIS WATERFRONT LOT! Call for terms or ask your agent for them.

Huge waterfront lot on Lake Norman with a private pier already installed. The lot has tons of old growth trees for shade and privacy. Flat level areas suitable for a crawl space home or a walk out basement home. The waterfront area has a private, level area perfect for a beach. Quiet, medium size cove with views of the main channel. Park your boat at your own dock and enjoy the summer. Long Island Public Boat Ramp nearby for easy in and out of your lake toys.

Last Agent to Sell the Property

Warren Greenlee

NorthGroup Real Estate LLC License #179699 Listed on: 03/11/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Cherie Loftin

Howard Hanna Allen Tate Mooresville/LKN License #249987

Howard Hanna Allen Tate Mooresville/LKN

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Utilities

  • Septic Needed

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 4710011625270000

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 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: 0.72715
  • Ratio Current Price By Acre: 80740.74
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-829-7878

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bumgardner Association
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

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

Lot Info

  • Lot Dimension: Rd164x386xWF123x409
  • Lot Features: Water view, Waterfront, Wooded
  • Lot Size Area: 1.350
  • Parcel Number: 4710011625270000
  • Zoning: Residential
  • Zoning Specification: R-30
  • Plat Book Slide: 45/163

Tax Info

  • Tax Value: 129600.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 29, 2020
Sold by
Way Roger and Way Karen
Bought by
Frazier Erica
Seller's Agent
Warren Greenlee
NorthGroup Real Estate LLC
Buyer's Agent
Cherie Loftin
Howard Hanna Allen Tate Mooresville/LKN
List Price
$149,900
Sold Price
$109,000
Premium/Discount to List
-$40,900
-27.28%
Current Estimated Value
$208,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,341
Avg. Annual Appreciation
13.35%
Original Mortgage
$98,000
Interest Rate
3.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 2005
Sold by
Williams David R and Williams Tommie L
Bought by
Way Roger and Greenlee Warren

Purchase Details

Closed on
Sep 14, 2000
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
Frazier Erica $109,000 None Available
Way Roger $68,500 None Available
-- $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frazier Erica $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $109,000 0.0% $35 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/18/2020 03/18/20 Price Changed $109,000 -27.3% $35 / Sq Ft
03/11/2020 03/11/20 For Sale $149,900 -- $48 / 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 $895 $181,700 $178,100 $3,600
2024 $895 $181,700 $178,100 $3,600
2023 $877 $129,600 $125,100 $4,500
2022 $914 $129,600 $125,100 $4,500
2021 $914 $129,600 $125,100 $4,500
2020 $914 $129,600 $125,100 $4,500
2019 $914 $129,600 $0 $0
2018 $883 $128,900 $124,500 $4,400
2017 $882 $0 $0 $0
2016 $882 $0 $0 $0
2015 $1,085 $128,800 $124,400 $4,400
2014 $1,085 $180,900 $174,800 $6,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3061760

Canopy MLS (Canopy Realtor® Association)

APN: 4710011625270000