NOT LISTED FOR SALE

8477 Babe Dr Terrell, NC 28682

Estimated Value: $984,000 - $1,451,000

2 Beds
1 Bath
1,356 Sq Ft
$878/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $485,000 $358 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,372/month

329 Days on Market

Highlights

  • Waterfront
  • Ranch Style House
  • Many Trees
  • Sherrills Ford Elementary School Rated A-
  • Shed
  • Level Lot

About This Home

As of July 2018

Imagine having a lake view from both your front and back porches! This unique lot has almost 2 acres. The farm house, built in 1907, has little to no value. Tear it down and build your dream house or use a little imagination and some TLC and restore it back to its former glory. Property can not be subdivided, but county says a duplex can be built. Well and septic in place, but no records on septic have been located yet.

Last Agent to Sell the Property

Kristi Lauffenburger

Lake Norman Realty, Inc. License #279741 Listed on: 06/08/2017

Lake Norman Realty, Inc.

Co-Listed By

Carol Laney

Lake Norman Realty, Inc. License #98808

Last Buyer's Agent

Elizabeth Davis

Keller Williams Unified License #179636

Keller Williams Unified

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907

Lot Details

  • Waterfront
  • Level Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 1 Full Bathroom
  • Crawl Space
  • Shed
  • Well

Listing and Financial Details

  • Assessor Parcel Number 461703407819

Home Details

Home Type

Single Family

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.88182
  • Ratio Close Price By Original Li: 0.70392
  • Ratio Current Price By Acre: 243718.59
  • Ratio Current Price By Sq Ft: 357.67
  • Year Built: 1907
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main, Porch
  • Room Count: 1
  • Main Level Sq Ft: 1356
  • Total Sq Ft: 1356
  • Sq Ft Unheated Main: 288
  • Sq Ft Unheated Total: 288

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway

Utilities

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

Lot Info

  • Lot Dimension: Irreg
  • Lot Features: Waterfront, Water view, Level, Paved Frontage, Trees, Views
  • Parcel Number: 461703407819
  • Plat Reference Section Pages: 1147
  • Zoning: Residential
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 631800.00
  • Tax Location: Catawba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Lunsford Hunter
Bought by
Corrine Gehrls Family Trust
Current Estimated Value
$1,190,660

Purchase Details

Closed on
Jun 29, 2023
Sold by
One Of Each Llc
Bought by
Lunsford Hunter

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jul 31, 2018
Sold by
Howard Jimmy Wayne and Howard Kathy
Bought by
Lunsford Hunter and One Of Each Llc
Seller's Agent
Kristi Lauffenburger
Lake Norman Realty, Inc.
Buyer's Agent
Elizabeth Davis
Keller Williams Unified
List Price
$689,000
Sold Price
$485,000
Premium/Discount to List
-$204,000
-29.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Nov 19, 1993
Sold by
Howard Irene Mccall Lfi
Bought by
Howard Charles Franklin

Purchase Details

Closed on
Jun 27, 1967
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corrine Gehrls Family Trust -- None Listed On Document
Lunsford Hunter -- None Listed On Document
Lunsford Hunter $485,000 None Available
Howard Charles Franklin -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $485,000 -29.6% $358 / Sq Ft
05/03/2018 05/03/18 Pending -- -- --
06/08/2017 06/08/17 For Sale $689,000 -- $508 / 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 $1,755 $879,200 $356,400 $522,800
2024 $1,755 $356,400 $356,400 $0
2023 $2,962 $511,500 $511,500 $0
2022 $3,606 $511,500 $511,500 $0
2021 $3,606 $511,500 $511,500 $0
2020 $3,606 $511,500 $511,500 $0
2019 $4,229 $599,800 $0 $0
2018 $4,328 $631,800 $547,300 $84,500
2017 $4,328 $0 $0 $0
2016 $4,328 $0 $0 $0
2015 $2,712 $631,800 $547,300 $84,500
2014 $2,712 $628,400 $547,300 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3289515

Canopy MLS (Canopy Realtor® Association)

APN: 4617034078190000