NOT LISTED FOR SALE

Estimated Value: $359,000 - $398,491

3 Beds
2 Baths
1,663 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $230,000 $138 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,310/month

4 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 3-minute walk to Newell Neighborhood Park
  • Cottage
  • Shed

About This Home

As of May 2020

GREAT OPPORTUNITY!!! This home originally had multiple offers in one day! Unfortunately, the buyers financing fell through. Beautiful full brick cottage with lots of charm and new home updates! Over 1 acre. All new owner's en suite with new HVAC and a huge walk-in closet on second floor. Updated granite kitchen with painted cabinets, tile flooring and stainless steel appliances. All windows replaced. Roof(2015). Hardwood flooring refinished and interior painted (2020). First floor private office with closet. Updated lights, fans and door hardware. New septic drain field (2017). Upgraded 200 amp electric (2015). New well pump and pressure tank (2018). 6' privacy fence borders some of the yard. Free standing deck in yard (2018). FYI: Elk Drive is a state owned road, but maintained by residents. Detached two-car garage sold in as-is condition. Two sheds do not remain.

Last Agent to Sell the Property

Cathy Staskel

Allen Tate Lake Norman License #203128 Listed on: 03/17/2020

Allen Tate Lake Norman

Last Buyer's Agent

Robin Niblock

Better Homes and Garden Real Estate Paracle License #206980

Better Homes and Garden Real Estate Paracle

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 1.1

Parking

  • Gravel Driveway

Home Design

  • Cottage

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace

Flooring

  • Wood
  • Tile

Additional Features

  • Shed
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 049-271-13

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Cottage
  • Ratio Close Price By List Price: 1.02222
  • Ratio Close Price By Original Li: 1.02222
  • Ratio Current Price By Acre: 209090.91
  • Ratio Current Price By Sq Ft: 138.30
  • Year Built: 1955
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement
  • Upper Level Sq Ft: 353
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Fixture Exception Description: 2 outdoor sheds do not remain
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1310
  • Total Sq Ft: 1663
  • Sq Ft Unheated Basement: 1164
  • Sq Ft Unheated Total: 1164

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Shed(s)

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 3 Car, Driveway

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Schools

  • Elementary School: Newell
  • Middle School: Martin Luther King Jr
  • High School: Julius L. Chambers

Lot Info

  • Lot Size Area: 1.100
  • Parcel Number: 049-271-13
  • Zoning Specification: rural

Tax Info

  • Tax Value: 138300.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Dukes Kennith Moreice and Amazigo Veronica Denene
Bought by
Mcphearson Zaire Dmyaa and Amazigo Veronica Denene
Current Estimated Value
$373,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,685
Outstanding Balance
$235,252
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$117,682

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 22, 2020
Sold by
Hubler Ryan and Hubler Keziah
Bought by
Dukes Kennith Moreice and Amazigo Veronica Denene
Seller's Agent
Cathy Staskel
Allen Tate Lake Norman
Buyer's Agent
Robin Niblock
Better Homes and Garden Real Estate Paracle
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$225,834
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2015
Sold by
King Ernest W and King Elizabeth Fischer
Bought by
Price Keziah and Hubler Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2013
Sold by
Mastro Judy
Bought by
King Ernest W

Purchase Details

Closed on
Apr 1, 2013
Sold by
King Chrstopher Brett
Bought by
King Ernest W

Purchase Details

Closed on
Jan 1, 1975
Bought by
Knupp Virginia King
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
Mcphearson Zaire Dmyaa $305,000 None Available
Dukes Kennith Moreice $230,000 Chicago Title Insurance Co
Price Keziah $110,000 Chicago Title
King Ernest W -- None Available
King Ernest W -- None Available
King Ernest W -- None Available
Knupp Virginia King -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcphearson Zaire Dmyaa $254,685
Previous Owner Dukes Kennith Moreice $225,834
Previous Owner Price Keziah $111,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $230,000 +2.2% $138 / Sq Ft
04/24/2020 04/24/20 For Sale $225,000 0.0% $135 / Sq Ft
03/21/2020 03/21/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $225,000 -- $135 / 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
2023 $2,878 $373,400 $119,900 $253,500
2022 $2,394 $235,100 $56,300 $178,800
2021 $2,383 $235,100 $56,300 $178,800
2020 $1,458 $138,300 $56,300 $82,000
2019 $1,426 $138,300 $56,300 $82,000
2018 $1,969 $144,500 $35,300 $109,200
2017 $1,933 $144,500 $35,300 $109,200
2016 $1,924 $144,500 $35,300 $109,200
2015 $1,912 $144,500 $35,300 $109,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3603541

Canopy MLS (Canopy Realtor® Association)

APN: 049-271-13