NOT LISTED FOR SALE

8935 Island Point Rd Unit 126 Charlotte, NC 28278

Steele Creek Neighborhood

Estimated Value: $286,000 - $1,843,000

4.56 Acres
$183,187 Price per Acre
198,634 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $65,000

Est. 1,185% increase in value since last sale

Current estimated payment $4,923/month

15 Days on Market

Highlights

  • Access To Lake
  • Clubhouse
  • Community Pool
  • Community Lake
  • Corner Lot
  • Recreation Facilities

About This Lot

As of July 2020

The Sanctuary on Lake Wylie - Build your dream home on this private estate lot, with easy access to downtown Charlotte and the Airport. Bring your own builder or choose from multiple Guild Builders. No requirement to build right away, build when you are ready. Enjoy the amenities as soon as you own the lot. Lease-able boat docks in the Community. Enjoy tennis, 22+miles of walking trails for residents only, 17 acre waterfront Amenity camp with a full time Activities Director and staff.

Last Agent to Sell the Property

Kelly Frenzel

Frenzel Properties LLC License #205745 Listed on: 05/12/2020

Last Buyer's Agent

Liz Young

RE/MAX Executive License #211192

RE/MAX Executive

Property Details

Property Type

  • Land

Lot Details

HOA Fees

  • $387 Monthly HOA Fees

Additional Features

  • Corner Lot
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 199-091-58

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails
  • Access To Lake

Property Details

Property Type

Land

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: 0.86667
  • Ratio Close Price By Original Li: 0.86667
  • Ratio Current Price By Acre: 14254.39
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Interior Features

  • H O A Management Phone: 704-731-5560

Utilities

  • Sewer: Septic Needed
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Lake, Lake Access, Outdoor Pool, Playground, Recreation Area, 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: 588x562x703
  • Lot Features: Corner Lot
  • Lot Size Area: 4.560
  • Parcel Number: 199-091-58
  • Zoning Specification: MX1INNOV
  • Wooded Acres: 4.56

Tax Info

  • Tax Value: 118400.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 3, 2020
Sold by
Johal Jatinderpal K and Johal Roger D
Bought by
Taylor Lance and Taylor Brittany
Seller's Agent
Kelly Frenzel
Frenzel Properties LLC
Buyer's Agent
Liz Young
RE/MAX Executive
List Price
$75,000
Sold Price
$65,000
Premium/Discount to List
-$10,000
-13.33%
Current Estimated Value
$835,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,333
Avg. Annual Appreciation
42.34%

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Johal Jatinderpal K

Purchase Details

Closed on
Sep 20, 2007
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Johal Jatinderpal K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.57%
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 Buyer Sale Price Title Company
Taylor Lance $65,000 Executive Title Llc
Johal Jatinderpal K -- None Available
Johal Jatinderpal K $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johal Jatinderpal K $185,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $65,000 -13.3% --
05/27/2020 05/27/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $75,000 -- --
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
2025 -- $203,200 $203,200 --
2024 -- $203,200 $203,200 --
2023 $1,501 $203,200 $203,200 $0
2022 $1,501 $118,400 $118,400 $0
2021 $1,501 $118,400 $118,400 $0
2020 $1,030 $118,400 $118,400 $0
2019 $1,020 $118,400 $118,400 $0
2018 $1,501 $134,300 $134,300 $0
2017 $1,491 $134,300 $134,300 $0
2016 $1,473 $134,300 $134,300 $0
2015 -- $134,300 $134,300 $0
2014 $3,190 $298,300 $298,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Frenzel

    Seller's Agent in 2020

    Kelly Frenzel

    Frenzel Properties LLC

    (704) 560-0117

    6 in this area

    63 Total Sales

    Kelly Frenzel
    Section Image
  • Liz Young

    Buyer's Agent in 2020

    Liz Young

    RE/MAX Executives Charlotte, NC

    (704) 578-9513

    2 in this area

    185 Total Sales

    Liz Young
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3620203

Canopy MLS (Canopy Realtor® Association)

APN: 199-091-58

North Carolina Mecklenburg County Charlotte 28278 Steele Creek

8935 Island Point Rd Unit 126, Charlotte, NC

This home is located at 8935 Island Point Rd Unit 126, Charlotte, NC 28278 since 12 May 2020 and is currently estimated at $835,333. 8935 Island Point Rd Unit 126 is a home located in Mecklenburg County with nearby schools including Winget Park Elementary and Southwest Middle School.

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