$86,000
SOLD MAR 2, 2017

8921 Island Point Rd Unit 125 Charlotte, NC 28278

Steele Creek Neighborhood
4.86 Acres
$17,695 Price per Acre
211,702 Sq Ft Lot

Recently Sold

9% Below List Price

241 Days on Market

Highlights

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

About This Lot

As of June 2019

Build your dream home in one of the most exclusive lakefront communities in southwest Charlotte. The Sanctuary offers the best of Lake Wylie with resort-style living. Waterfront amenities, private lake access, tennis, pool, fitness center, clubhouse and walking trails are just some of the features to enjoy. It is just minutes to the airport, Premium Outlets and downtown. Turn your dream into reality.

Last Agent to Sell the Property

Tanya Brown

Berkshire Hathaway HomeServices Carolinas Realty License #239412 Listed on: 06/13/2016

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Brian McGowan

Keller Williams South Park License #283888

Keller Williams South Park

Property Details

Property Type

  • Land

Year Built

  • 2020

HOA Fees

  • $387 Monthly HOA Fees

Additional Features

  • Wooded Lot
  • Crawl Space

Listing and Financial Details

  • Assessor Parcel Number 199-091-57

Community Details

Overview

  • Cams Association, Phone Number (704) 731-5560
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.90622
  • Ratio Close Price By Original Li: 0.90622
  • Ratio Current Price By Acre: 17695.47
  • Restrictions: Architectural Review, Square Feet
  • Restrictions Description: yes
  • Special Features: None
  • Year Built (Public Record): 2020

Interior Features

  • Foundation Details: Crawl Space
  • H O A Management Phone: 704-731-5560

Exterior Features

  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Utilities

  • Sewer: Septic Tank
  • Water: City Water, Connection Fee Required

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Recreation Area, Tennis Court(s), Walking Trails
  • Association Fee: 1160.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: CAMS
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 688x33x153x114x555x89x69x48x47x200
  • Lot Features: Wooded
  • Lot Size Area: 4.860
  • Parcel Number: 199-091-57
  • Zoning: Residential
  • Zoning Specification: MX1INNOV

Tax Info

  • Tax Value: 141300.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Lee Richard B and Lee Stephanie L
Bought by
Batchelor Eugenia Crosby and Batchelor Michael Dare
Total Days on Market
241
Current Estimated Value
$1,857,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Outstanding Balance
$1,468,888
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$388,562

Purchase Details

Listed on
Aug 4, 2018
Closed on
May 23, 2019
Sold by
Shrivastava Ritesh and Shah Kosha
Bought by
Lee Richard B and Lee Stephanie L
Seller's Agent
Brian McGowan
Keller Williams South Park
Buyer's Agent
Brian McGowan
Keller Williams South Park
List Price
$109,900
Sold Price
$100,000
Premium/Discount to List
-$9,900
-9.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.87%
Original Mortgage
$818,832
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 21, 2017
Sold by
Red Pill Investments Llc
Bought by
Shrivatava Ritesh and Shah Kosha
Seller's Agent
Tanya Brown
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Brian McGowan
Keller Williams South Park
List Price
$94,900
Sold Price
$86,000
Premium/Discount to List
-$8,900
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$77,400
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Red Pill Investments Llc

Purchase Details

Closed on
Sep 25, 2013
Sold by
Provident Community Bank
Bought by
Red Pill Investments Llc

Purchase Details

Closed on
Feb 7, 2008
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Forester Casey O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $1,850,000 None Listed On Document
Warranty Deed $100,000 None Available
Warranty Deed $86,000 None Available
Warranty Deed -- None Available
Special Warranty Deed $63,000 None Available
Special Warranty Deed $275,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,480,000 New Conventional
Previous Owner $240,000 Credit Line Revolving
Previous Owner $450,000 New Conventional
Previous Owner $818,832 Construction
Previous Owner $77,400 Adjustable Rate Mortgage/ARM
Previous Owner $261,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2019 06/10/19 Sold $100,000 0.0% --
06/10/2019 06/10/19 Sold $100,000 -9.0% --
03/27/2019 03/27/19 Pending -- -- --
03/27/2019 03/27/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $109,900 +1.4% --
01/13/2019 01/13/19 Price Changed $108,400 -1.4% --
08/04/2018 08/04/18 For Sale $109,900 +9.9% --
07/31/2018 07/31/18 Off Market $100,000 -- --
07/07/2017 07/07/17 For Sale $109,900 +27.8% --
03/02/2017 03/02/17 Sold $86,000 -9.4% --
02/09/2017 02/09/17 Pending -- -- --
06/13/2016 06/13/16 For Sale $94,900 -- --
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 $10,566 $1,552,570 $135,600 $1,416,970
2022 $8,510 $944,800 $79,100 $865,700
2021 $5,533 $632,300 $79,100 $553,200
2020 $688 $79,100 $79,100 $0
2019 $682 $79,100 $79,100 $0
2018 $1,579 $141,300 $141,300 $0
2017 $1,569 $141,300 $141,300 $0
2016 $1,550 $141,300 $141,300 $0
2015 -- $141,300 $141,300 $0
2014 $3,358 $314,000 $314,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3188877

Canopy MLS (Canopy Realtor® Association)

APN: 199-091-57