NOT LISTED FOR SALE

8476 Timberlake Ln Terrell, NC 28682

Estimated Value: $1,196,129 - $1,271,000

3 Beds
3 Baths
2,716 Sq Ft
$455/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $690,000 $254 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,892/month

10 Days on Market

Highlights

  • Floating Dock
  • Waterfront
  • Community Lake
  • Sherrills Ford Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of June 2017

STOP AND LOOK NO MORE! This fabulous waterfront home has been totally remodeled inside & out. GORGEOUS kitchen & center island that opens into Great Room for ease of entertaining. Large flat & fenced backyard. Floating dock & lift for relaxing...but don't stop there: fabulous huge deck & screen porch make this home truly a retreat! 4 car garage with enormous parking pad for all your toys. Huge Bonus/Billiard Room. Great neighborhood, short distance to the new Publix shopping coming fall 2017.

Last Agent to Sell the Property

Nadine Wynn

Keller Williams Lake Norman License #222299 Listed on: 05/03/2017

Keller Williams Lake Norman

Last Buyer's Agent

Adam Barton

Lake Norman Agents LLC License #288372

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • Waterfront

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Floating Dock
  • Fire Pit

Utilities

  • Well
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4616014869490000

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

4

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98712
  • Ratio Close Price By Original Li: 0.98712
  • Ratio Current Price By Acre: 758241.76
  • Ratio Current Price By Sq Ft: 254.05
  • Year Built: 1989
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1100
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Exhaust Hood, Security System, Surround Sound, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: All Flat Screen TV's, Hot Tub, Pool Table all available for purchase but are NOT included
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Attic Walk-in, Breakfast Bar, Built-Ins, Cable Available, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 248
  • Main Level Sq Ft: 1616
  • Total Sq Ft: 2716
  • Sq Ft Unheated Main: 1479
  • Sq Ft Unheated Total: 1479

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Boat Lift, Boat Slip, Fenced Yard, Floating Dock, Pier, Personal Watercraft Lift, Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Parking: Attached Garage, Garage - 4+ Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Lot Info

  • Lot Dimension: 151x298x104x329
  • Lot Features: Waterfront, Water view
  • Parcel Number: 4616014869490000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 506310.00
  • Tax Location: Terrell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2021
Sold by
Mcgraw Kimberly
Bought by
Barton Adam Michael and Barton Jordanna Geraldine
Current Estimated Value
$1,235,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$443,346
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$791,686

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 27, 2017
Sold by
Adair Todd Erle and Adair Lori Fisher
Bought by
Mcgraw Kimberly
Seller's Agent
Nadine Wynn
Keller Williams Lake Norman
Buyer's Agent
Adam Barton
Lake Norman Agents LLC
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$586,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2007
Sold by
Combs John M and Combs Carolyn S
Bought by
Adair Todd Eric and Adair Lori Fisher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barton Adam Michael $1,700 Tryon Title
Barton Adam Michael $1,700 Tryon Title
Mcgraw Kimberly $690,000 None Available
Adair Todd Eric $564,000 None Available
-- $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barton Adam Michael $475,000
Closed Barton Adam Michael $241,000
Closed Barton Adam Michael $475,000
Previous Owner Mcgraw Kimberly $586,500
Previous Owner Adair Todd Eric $147,000
Previous Owner Adair Todd Eric $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $690,000 -1.3% $254 / Sq Ft
05/13/2017 05/13/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $699,000 -- $257 / 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 $5,055 $1,036,800 $365,100 $671,700
2024 $5,055 $1,026,400 $365,100 $661,300
2023 $4,952 $699,300 $254,400 $444,900
2022 $4,930 $699,300 $254,400 $444,900
2021 $4,626 $656,200 $254,400 $401,800
2020 $4,626 $656,200 $254,400 $401,800
2019 $4,626 $656,200 $0 $0
2018 $3,468 $506,300 $250,200 $256,100
2017 $3,468 $0 $0 $0
2016 $3,468 $0 $0 $0
2015 $2,917 $506,310 $250,200 $256,110
2014 $2,917 $486,200 $249,300 $236,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3277475

Canopy MLS (Canopy Realtor® Association)

APN: 4616014869490000