NOT LISTED FOR SALE

8835 Island Point Rd Unit , 124 Charlotte, NC 28278

Steele Creek Neighborhood

Estimated Value: $1,039,000 - $3,019,852

11 Acres
$188,050 Price per Acre
482,209 Sq Ft Lot

Last Sold March 27, 2012

Last sale price $175,000

Est. 1,090% increase in value since last sale

Current estimated payment $13,081/month

1,308 Days on Market

Highlights

  • Waterfront
  • Clubhouse
  • Community Pool
  • Community Lake
  • Wooded Lot
  • Tennis Courts

About This Lot

As of March 2012

Great 11 acre estate with water frontage and dock permit. Great rolling topography to accomodate a walk-out basement. Located on beautiful Lake Wylie in South Mecklenburg County, this 1300 acre reserve features 188 homesites, 20 miles of nature trails, 200 acres of parks and meadows, a 17 acre waterfront amenity camp with a full time Activities Director.

Last Agent to Sell the Property

Kim McBee

On Point Carolinas Realty LLC License #212187 Listed on: 06/24/2008

Last Buyer's Agent

Ann Brim

Allen Tate Matthews/Mint Hill License #231137

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,623

Year Built

  • 2015

Lot Details

  • Waterfront
  • Wooded Lot

HOA Fees

  • $260 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 19909156

Community Details

Overview

  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$13,623

Year Built

2015

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.87940
  • Ratio Close Price By Original Li: 0.15217
  • Ratio Current Price By Acre: 15808.49
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed, Livestock Restriction, Architectural Review, Square Feet
  • Restrictions Description: ACC & Design Guidelines
  • Special Features: None
  • Year Built (Public Record): 2015

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Lake, Playground, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 780.00
  • Association Fee Frequency: Quarterly

Schools

  • Elementary School: Winget Park
  • Middle School: Southwest
  • High School: Olympic

Lot Info

  • Lot Dimension: 280x850x725x1200
  • Lot Features: Waterfront, Wooded
  • Lot Size Area: 11.070
  • Lot Size Units: Acres
  • Parcel Number: 19909156
  • Zoning: Residential
  • Zoning Specification: MX1(INN

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Chappelle David W and Chappelle Sharon R
Total Days on Market
1308
Current Estimated Value
$2,081,713

Purchase Details

Listed on
Jun 24, 2008
Closed on
Mar 27, 2012
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Chappelle David W and Chappelle Sharon R
Seller's Agent
Kim McBee
On Point Carolinas Realty LLC
Buyer's Agent
Ann Brim
Allen Tate Matthews/Mint Hill
List Price
$1,150,000
Sold Price
$175,000
Premium/Discount to List
-$975,000
-84.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.39%
Source: Public Records

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Range of Values:

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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
Chappelle David W -- None Available
Chappelle David W $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chappelle David W $726,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $175,000 -84.8% --
01/23/2012 01/23/12 Pending -- -- --
06/24/2008 06/24/08 For Sale $1,150,000 -- --
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 $13,623 $2,050,800 $726,700 $1,324,100
2022 $13,623 $1,222,400 $418,700 $803,700
2021 $13,623 $1,222,400 $418,700 $803,700
2020 $13,623 $1,135,900 $418,700 $717,200
2019 $9,822 $1,135,900 $418,700 $717,200
2018 $13,623 $1,216,300 $373,700 $842,600
2017 $13,529 $1,216,300 $373,700 $842,600
2016 $13,365 $373,700 $373,700 $0
2015 -- $446,600 $446,600 $0
2014 $4,776 $446,600 $446,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR784760

Canopy MLS (Canopy Realtor® Association)

APN: 199-091-56