NOT LISTED FOR SALE

8500 Sylvan Dr Terrell, NC 28682

Estimated Value: $1,205,000 - $1,317,000

3 Beds
4 Baths
2,777 Sq Ft
$453/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,020,000 $367 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,990/month

5 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Cathedral Ceiling
  • Sherrills Ford Elementary School Rated A-
  • Community Lake
  • Ranch Style House

About This Home

As of December 2021

Stunning Waterfront Home w/Breathtaking Views From Every Room & NO HOA's! Great Room w/Exposed Beam Ceiling, Stone Fireplace & Access to Deck, Gourmet Kitchen w/Eat-At Breakfast Island, Granite Counters, Stainless Appliances & Oak Cabinets, Dining Area Open to Kitchen, Primary Bedroom w/Access to Deck, Primary Bath w/Double Sink Vanity & Walk-In Shower, 2 Secondary Bedrooms & 2 Additional Full Baths, Office w/Walk-In Closet, Lower Level Boasts Huge Bonus/Media Room w/Fireplace, Bar Area, Flex Room, Full Bath, Laundry Area & Covered Patio, Huge Wrap Around Maintenance Free Deck w/Covered Area For Entertaining, 2 Car Attached Garage, Workshop Behind Garage w/Separate Access, Detached Shed w/Parking Pad, Garden Shed, Pier w/Covered Gazebo & Covered Boatslip, Fire Pit Area, Excellent Location Close to Restaurants & Shopping w/Low Catawba County Taxes & Award Winning Schools.

Last Agent to Sell the Property

Christy Allen

The Allen Team Inc License #83136 Listed on: 11/03/2021

Last Buyer's Agent

Pamela Liner

Lake Norman Realty, Inc. License #283489

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Waterfront
  • Open Lot

Parking

  • Attached Garage
  • Workshop in Garage

Home Design

  • Ranch Style House
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Bonus Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Chute

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Fire Pit
  • Separate Outdoor Workshop
  • Shed

Schools

  • Sherrills Ford Elementary School
  • Mill Creek Middle School
  • Bandys High School

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4616014788690000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.02010
  • Ratio Close Price By Original Li: 1.02010
  • Ratio Current Price By Acre: 2170212.77
  • Ratio Current Price By Sq Ft: 367.30
  • Year Built: 1978
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Outside Entrance
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Electric, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Propane, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Bonus Room, Gas Logs, Great Room, Wood Burning
  • Fireplace: Yes
  • Fixture Exception Description: Alarm System Does Not Convey
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Prefinished Wood, Tile
  • Interior Amenities: Attic Other, Attic Stairs Pulldown, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garage Shop, Kitchen Island, Laundry Chute, Open Floorplan, Pantry, Skylight(s), Vaulted Ceiling, Walk-In Closet(s), Wet Bar, Window Treatments
  • Laundry Location: Basement, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 331
  • Sq Ft Basement: 463
  • Main Level Sq Ft: 2314
  • Total Sq Ft: 2777

Exterior Features

  • Construction: Brick Partial, Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit, Shed(s), Workshop

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Garage - 2 Car
  • Sq Ft Garage: 573

Utilities

  • Green Building Features: g-Engineered Wood Products
  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Filtration System, Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake

Schools

  • Middle Or Junior School: Mill Creek

Lot Info

  • Lot Dimension: 143*164*103*176
  • Lot Features: Cul-de-sac Lot, Long Range View, Open Lot, Waterfront, Year Round View
  • Parcel Number: 4616014788690000
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 599300.00
  • Tax Location: Catawba

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Bandys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 6, 2021
Sold by
Baer Jeffrey D
Bought by
Dunn Eric L and Dunn Vicky L
Seller's Agent
Christy Allen
The Allen Team Inc
Buyer's Agent
Pamela Liner
Lake Norman Realty, Inc.
List Price
$999,900
Sold Price
$1,020,000
Premium/Discount to List
$20,100
2.01%
Current Estimated Value
$1,257,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,917
Avg. Annual Appreciation
5.29%
Original Mortgage
$385,000
Outstanding Balance
$353,478
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$904,439

Purchase Details

Closed on
Aug 1, 1992
Bought by
Baer Jeffrey D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dunn Eric L $1,020,000 Thomas & Webber Pllc
Baer Jeffrey D $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Eric L $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $1,020,000 +2.0% $367 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $999,900 -- $360 / 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 $5,024 $1,020,200 $398,100 $622,100
2024 $5,024 $1,020,200 $398,100 $622,100
2023 $4,922 $619,300 $199,000 $420,300
2022 $4,366 $619,300 $199,000 $420,300
2021 $4,225 $599,300 $199,000 $400,300
2020 $4,225 $599,300 $199,000 $400,300
2019 $4,225 $599,300 $0 $0
2018 $3,650 $532,800 $195,400 $337,400
2017 $3,650 $0 $0 $0
2016 $3,650 $0 $0 $0
2015 $3,115 $532,800 $195,400 $337,400
2014 $3,115 $525,700 $195,500 $330,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3802396

Canopy MLS (Canopy Realtor® Association)

APN: 4616014788690000