NOT LISTED FOR SALE

Lot 40 Luther Dr Unit Lot 40 Iron Station, NC 28080

Estimated Value: $67,000 - $69,000

3.05 Acres
$22,295 Price per Acre
132,858 Sq Ft Lot

Last Sold June 17, 2016

Last sale price $55,000

Est. 24% increase in value since last sale

Current estimated payment $421/month

206 Days on Market

About This Lot

As of June 2016

Beautiful 3+ ac. lot on pond. Perfect for walk out basement home. Lot has been perked for a 4 bedroom home. Privacy trees have been planted on each side of property. Lot owners bordering the pond have private use of the pond. Enjoy the small community setting and easy access to Charlotte, Hickory, Denver, Lake Norman and Charlotte Douglas International Airport.

Last Agent to Sell the Property

Kay Simmons

Simmons Real Estate & Constr. License #64673 Listed on: 11/04/2015

Last Buyer's Agent

Kay Simmons

Simmons Real Estate & Constr. License #64673 Listed on: 11/04/2015

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Property is zoned Residential Lot

HOA Fees

  • $23 Monthly HOA Fees

Utilities

  • Well

Community Details

  • Sigmon Farms HOA

Listing and Financial Details

  • Assessor Parcel Number 84138
  • Tax Block 87

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.94991
  • Ratio Current Price By Acre: 18032.79
  • Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 280.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Sigmon Farms HOA
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Lot Info

  • Lot Dimension: 213x178x368x100x123x167x105x133x381
  • Lot Features: Cul-de-sac Lot, Waterfront, Water view, Paved Frontage, Lake, Sloping
  • Parcel Number: 84138
  • Zoning: Residential Lot
  • Zoning Specification: R-Sf
  • Plat Book Slide: 9
  • Plat Reference Section Pages: 406

Tax Info

  • Tax Value: 51282.00
  • Tax Block: 87
  • Tax Location: Iron Station

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Wright Jr Randall D and Wright Tracy
Bought by
Rojas Hadyn and Perez Ralph
Current Estimated Value
$68,000

Purchase Details

Closed on
Apr 22, 2019
Sold by
Richter Marc Andrew and Louaillier Patricia Marie
Bought by
Wright Randall D and Wright Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jun 14, 2016
Sold by
Hills Shawn K and Shawn K Hills Living Trust
Bought by
Richter Marc
Seller's Agent
Kay Simmons
Simmons Real Estate & Constr.
Buyer's Agent
Kay Simmons
Simmons Real Estate & Constr.
List Price
$57,900
Sold Price
$55,000
Premium/Discount to List
-$2,900
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Dec 27, 2012
Sold by
Simmons Real Estate & Construction Inc
Bought by
Hills Shawn K and Shawn K Hills Living Trust

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sigmon Farms Inc
Bought by
Simmons Real Estate & Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rojas Hadyn $79,000 Ckezepis Law Pllc
Wright Randall D $67,500 None Available
Richter Marc $55,000 None Available
Hills Shawn K $57,500 None Available
Simmons Real Estate & Construction Inc $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Randall D $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $55,000 -5.0% --
05/28/2016 05/28/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $57,900 -- --
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
2025 $462 $74,571 $74,571 $0
2024 $462 $74,571 $74,571 $0
2023 $452 $74,571 $74,571 $0
2022 $392 $53,265 $53,265 $0
2021 $392 $53,265 $53,265 $0
2020 $381 $53,265 $53,265 $0
2019 $381 $53,265 $53,265 $0
2018 $387 $53,165 $53,165 $0
2017 $387 $53,165 $53,165 $0
2016 $387 $0 $0 $0
2015 $379 $53,165 $53,165 $0
2014 $363 $51,282 $51,282 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3127562

Canopy MLS (Canopy Realtor® Association)

APN: 84138