NOT LISTED FOR SALE

8412 Monbo Rd Unit 9 Catawba, NC 28609

Estimated Value: $116,000 - $128,039

0.78 Acre
$156,436 Price per Acre
33,977 Sq Ft Lot

Last Sold June 08, 2022

Last sale price $107,000

Est. 14% increase in value since last sale

Current estimated payment $675/month

69 Days on Market

Highlights

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

About This Lot

As of June 2022

What's better than a boat slip ~ but a Private deeded Lake Access Lot to go with a homesite lot nearby! A boat-ready dock is already in place to use now, while you're building your dream home within .1 mile away. UNIQUE opportunity ~ property includes off-water building lot at .78 acre that's been partially cleared. This lot adjoins 5 acres of Community Common area so feels extra private. At the end of the cul-de-sac finds the rest of your property, with lake access lot & dock also adjoining Common area, so no neighbors on 1 side. Bring your own builder & enjoy the private lake access lot on Lake Norman as your dream home is going up here in the small lakeside community of Monbo Pointe. With both lots adjoining common spaces, it truly is the best of both worlds. The waterfront access lot has rip-rap & cleared for golf cart path, with space by the lake to enjoy.

Last Agent to Sell the Property

Eric Maynard

Keller Williams Unified License #313547 Listed on: 03/31/2022

Keller Williams Unified

Co-Listed By

Monica Besecker

Keller Williams Unified License #260162

Last Buyer's Agent

Kristen Reese

Northstar Real Estate, LLC License #306864

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $335

Lot Details

  • Private Lot
  • Corner Lot
  • Wooded Lot
  • Possible uses of the property include Residential
  • Zoning described as R-30

Basement

  • Crawl Space

Schools

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

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 3
  • Septic Needed

Community Details

  • Monbo Pointe Subdivision
  • Mandatory Home Owners Association
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4710034313430000

Property Details

Property Type

Land

Est. Annual Taxes

$335

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 137179.49
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: Catawba
  • Waterfront Features: Dock

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 3
  • Water Source: Well Needed

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Corner Lot, Lake Access, Private, Wooded
  • Lot Size Area: 0.78
  • Lot Size Units: Acres
  • Parcel Number: 4710034313430000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 59-4
  • Lot Size: irregular
  • Zoning Description: R-30

Tax Info

  • RATIO List Price By Tax Amount: 2.98013

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 29, 2020
Closed on
Sep 18, 2020
Sold by
Cornette Colleen and Cornette Michael
Bought by
Haller Alexander and Haller Cheska
Seller's Agent
Colleen Cornette
Lake Norman Agents LLC
Buyer's Agent
Chris Sauerbrey
Trump International Realty Charlotte
List Price
$75,000
Sold Price
$72,500
Premium/Discount to List
-$2,500
-3.33%
Current Estimated Value
$122,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,520
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jan 10, 2012
Sold by
Rbc Bank
Bought by
Cornette Michael and Cornette Colleen

Purchase Details

Closed on
Jul 28, 2009
Sold by
Selstead Jim and Selstead Soraya
Bought by
Rbc Bank Usa

Purchase Details

Closed on
Sep 16, 2005
Sold by
Lakeshore Development Co
Bought by
Selsted Jim and Selsted Soraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Unknown
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
Haller Alexander $72,500 Fortified Title
Cornette Michael $14,000 None Available
Rbc Bank Usa $88,000 None Available
Selsted Jim $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selsted Jim $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $107,000 -20.7% --
05/06/2022 05/06/22 Price Changed $135,000 -10.0% --
03/31/2022 03/31/22 For Sale $150,000 +106.9% --
09/29/2020 09/29/20 Sold $72,500 -3.3% --
08/31/2020 08/31/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $75,000 -- --
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 $335 $68,000 $68,000 $0
2024 $335 $68,000 $68,000 $0
2023 $328 $45,300 $45,300 $0
2022 $319 $45,300 $45,300 $0
2021 $319 $45,300 $45,300 $0
2020 $319 $45,300 $45,300 $0
2019 $319 $45,300 $0 $0
2018 $316 $46,100 $46,100 $0
2017 $317 $0 $0 $0
2016 $317 $0 $0 $0
2015 $638 $46,300 $46,300 $0
2014 $638 $106,400 $106,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3844188

Canopy MLS (Canopy Realtor® Association)

APN: 4710034313430000