NOT LISTED FOR SALE

899 Morrison Farm Rd Troutman, NC 28166

Estimated Value: $444,000 - $615,000

3 Beds
2.5 Baths
1,642 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $296,500 $181 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,125/month

96 Days on Market

Highlights

  • Community Lake
  • Attic
  • Walk-In Closet
  • Transitional Architecture
  • Attached Garage
  • Garden Bath

About This Home

As of November 2017

Next-best thing to a waterfront lot, without the steep price--- this waterview lot looks like it borders lake. Lot ends at boardwalk at water's edge, to which is attached 3 deeded boatslips (subject slip is on the left). House located on circle at end of main road - no thru traffic, private. Cove is just around the corner from State Park. Large great room/dining with wood-burning fireplace. New paint and carpet. Kitchen and master remodeled in 2014. Wired for generator; generator conveys.

Last Agent to Sell the Property

Sherilyn Boan

Howard Hanna Allen Tate Mooresville/LKN License #144051 Listed on: 07/24/2017

Co-Listed By

Rebecca Boan

Howard Hanna Allen Tate Mooresville/LKN License #210269

Last Buyer's Agent

Sherilyn Boan

Howard Hanna Allen Tate Mooresville/LKN License #144051 Listed on: 07/24/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • Level Lot
  • Open Lot

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Tile Flooring
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Well
  • Cable TV Available

Community Details

  • Morrison Farm/Allendale Poa (Rick & Brenda Morrow) Association, Phone Number (704) 528-6973
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4629-80-0606.000

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98998
  • Ratio Close Price By Original Li: 0.95645
  • Ratio Current Price By Acre: 617708.33
  • Ratio Current Price By Sq Ft: 180.57
  • Year Built: 1990
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 486
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Convection Oven, Cable Prewire, Disposal, Dryer, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Exhaust Hood, Security System, Washer, Generator, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • H O A Management Phone: 704-528-6973
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk-in, Cable Available, Garden Tub, Pantry, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Utility Room
  • Room Count: 2
  • Main Level Sq Ft: 1156
  • Total Sq Ft: 1642
  • Sq Ft Unheated Main: 456
  • Sq Ft Unheated Total: 456

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Boat Slip (Deed)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Tank
  • Water: Water Softener System, Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Boat Ramp, Lake
  • Association Fee: 250.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Morrison Farm/Allendale POA (Rick & Brenda Morrow)
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Features: Lake Access, Level, Open Lot, Paved Frontage, Water view
  • Lot Size Area: 0.480
  • Parcel Number: 4629-80-0606.000
  • Plat Book Slide: 9/55-55A
  • Plat Reference Section Pages: 860
  • Zoning Specification: R20

Tax Info

  • Tax Value: 189090.00
  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Nov 28, 2017
Sold by
Robinson John T and Robinson Pamela P
Bought by
Hill Karl Lee and Beimler Dina Marie
Seller's Agent
Sherilyn Boan
Howard Hanna Allen Tate Mooresville/LKN
Buyer's Agent
Sherilyn Boan
Howard Hanna Allen Tate Mooresville/LKN
List Price
$310,000
Sold Price
$296,500
Premium/Discount to List
-$13,500
-4.35%
Current Estimated Value
$547,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,681
Avg. Annual Appreciation
8.14%
Original Mortgage
$237,200
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1989

Purchase Details

Closed on
Jan 1, 1989

Purchase Details

Closed on
Oct 1, 1987

Purchase Details

Closed on
May 1, 1986

Purchase Details

Closed on
May 1, 1985
Source: Public Records

Range of Values:

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Average Value
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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
Hill Karl Lee $296,500 None Available
-- $136,000 --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Karl Lee $237,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $296,500 -4.4% $181 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $310,000 -- $189 / 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
2024 $2,573 $418,880 $120,000 $298,880
2023 $2,573 $418,880 $120,000 $298,880
2022 $1,704 $262,670 $68,000 $194,670
2021 $1,704 $262,670 $68,000 $194,670
2020 $1,704 $262,670 $68,000 $194,670
2019 $1,626 $260,590 $68,000 $192,590
2018 $1,166 $186,360 $52,000 $134,360
2017 $1,182 $189,090 $52,000 $137,090
2016 $1,182 $189,090 $52,000 $137,090
2015 $1,225 $189,090 $52,000 $137,090
2014 $1,169 $193,860 $52,000 $141,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3278046

Canopy MLS (Canopy Realtor® Association)

APN: 4629-80-0606.000