NOT LISTED FOR SALE

8511 Sylvan Dr Terrell, NC 28682

Estimated Value: $842,894 - $947,000

3 Beds
2 Baths
1,350 Sq Ft
$661/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $835,000 $619 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,959/month

47 Days on Market

Highlights

  • Docks
  • Pier
  • Wooded Lot
  • Sherrills Ford Elementary School Rated A-
  • Waterfront
  • Ranch Style House

About This Home

As of March 2024

Lake Norman waterfront home with beautiful views! Imagine waking and sipping coffee as the sun rises. Next, take a walk or jog across causeways surrounded by water. Mid-day, entertain lakeside and enjoy a quick swim. You will enjoy entertaining guests in this stunning location close to waterfront dining. As your day wraps up, be watch the sun dip below the horizon.

The Kiser Island peninsula is one of the most sought-after areas known for a series of causeways. The location is a rare combination of convenience and seclusion. Located on a cul-de-sac street with stunning views of Lake Norman, yet 5 minutes from gym, grocery, veterinarian, medical facilities, stores and restaurants. Waterfront dining is minutes away via boat. Midway between Mooresville and Denver, and I-77 and Hwy 16, providing a choice of commuting routes

Last Agent to Sell the Property

Johnny Allen

Allen Hughes Realty, Inc Brokerage Email: johnny@allenhughesrealty.com License #265276 Listed on: 07/13/2023

Last Buyer's Agent

Nancy Jarrell

Berkshire Hathaway HomeServices Carolinas Realty License #109982

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • Waterfront
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot
  • Property is zoned R-30

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,350 Sq Ft Home
  • Wired For Data
  • Sliding Doors
  • Entrance Foyer
  • Water Views
  • Crawl Space

Kitchen

  • Built-In Oven
  • Electric Cooktop

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Pier
  • Docks
  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • Gabriel Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4616025707660000

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1966
  • Second Living Quarters: None
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 618.52
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: johnny@allenhughesrealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1350
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Cooktop, Refrigerator, Wall Oven
  • Above Grade Finished Sq Ft: 1350
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Living Area: 1350
  • Bedroom Main: 3
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Dock
  • New Construction: No
  • Construction Type: Site Built
  • View: Long Range, Water, Year Round
  • Water Body Name: Lake Norman
  • Waterfront Features: Dock, Pier
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Detached Carport, Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: Septic Installed, Other - See Remarks
  • Laundry Features: In Garage, Main Level
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Mill Creek
  • HOA Subject To: None

Lot Info

  • Lot Features: Cul-De-Sac, Sloped, Wooded, Views, Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 4616025707660000
  • Lot Size: 110 waterfront x 173 sides x 145 road
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-30

MLS Schools

  • Elementary School: Sherrills Ford
  • High School: Bandys

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Mar 28, 2024
Sold by
Graham Carol Sheets and Graham Stan
Bought by
Ringo Cathleen A
Seller's Agent
Johnny Allen
Allen Hughes Realty, Inc
Buyer's Agent
Nancy Jarrell
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$925,000
Sold Price
$835,000
Premium/Discount to List
-$90,000
-9.73%
Views
166
Current Estimated Value
$891,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,724
Avg. Annual Appreciation
3.83%
Original Mortgage
$766,500
Outstanding Balance
$754,806
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$136,918

Purchase Details

Closed on
May 12, 2009
Sold by
Sheets Jean Morris
Bought by
Sheet Jean Morris and Philyaw Twyla Sheets
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
Ringo Cathleen A $835,000 None Listed On Document
Sheet Jean Morris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ringo Cathleen A $766,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $835,000 -9.7% $619 / Sq Ft
07/13/2023 07/13/23 For Sale $925,000 -- $685 / 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 $3,609 $743,900 $412,500 $331,400
2024 $3,609 $732,700 $412,500 $320,200
2023 $3,535 $377,300 $185,600 $191,700
2022 $2,660 $377,300 $185,600 $191,700
2021 $2,660 $377,300 $185,600 $191,700
2020 $2,660 $377,300 $185,600 $191,700
2019 $2,660 $377,300 $0 $0
2018 $2,295 $335,100 $182,300 $152,800
2017 $2,295 $0 $0 $0
2016 $2,295 $0 $0 $0
2015 $2,039 $335,110 $182,300 $152,810
2014 $2,039 $339,800 $182,500 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4042199

Canopy MLS (Canopy Realtor® Association)

APN: 4616025707660000