NOT LISTED FOR SALE

106 Locomotive Ln Unit 108 Mooresville, NC 28115

Estimated Value: $176,000 - $191,000

1 Bed
1 Bath
617 Sq Ft
$136/mo HOA Fee

Last Sold January 08, 2025

Last sale price $185,000 $300 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,293/month

37 Days on Market

Highlights

  • Open Floorplan
  • Lawn
  • Patio
  • Coddle Creek Elementary School Rated A-
  • Walk-In Closet
  • Laundry Room

About This Home

As of January 2025

Location and impeccable condition! This convenient first floor condo boasts a complete renovation. Luxury plank flooring throughout, new white kitchen cabinets, stainless appliances, and a shiplap accent wall welcome you. The large primary bedroom has a walk in closet, linen closet and access to the back patio. The full bath has a new vanity with a marble top, White marble tile floor and shower. The patio has room to lounge or grill Convenient to Lowes Corporate Headquarters, Lake Norman Regional Medical Center downtown Mooresville and I-77. This unit is a great opportunity for a rental investment, downsizing or a first time home buyer. Amazing value for this property!

Last Listed By

Patti Mikita

Ivester Jackson Distinctive Properties Brokerage Email: patti@ivesterjackson.com License #203994 Listed on: 11/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,581

Year Built

  • Built in 2007

Lot Details

  • 871

HOA Fees

  • $136 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 617 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

Parking

  • Driveway
  • Parking Lot
  • 1 Assigned Parking Space

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Patio
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 4655-19-8218.108

Community Details

Overview

  • Alluvia Association, Phone Number (704) 746-9070
  • Station 115 Subdivision
  • Mandatory home owners association

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,581

Year Built

Built in 2007

Lot Details

0

HOA Fees

$136 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2007
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 299.84
  • Geocode Confidence: High
  • Attribution Contact: patti@ivesterjackson.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 617
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
  • Above Grade Finished Sq Ft: 617
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 617
  • Bedroom Main: 1
  • Room Count: 4
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Driveway, Parking Lot, Parking Space(s)
  • Assigned Spaces: 1

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Laundry Closet
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 136
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Alluvia
  • Phone: 704-746-9070
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 1632.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.02
  • Lot Size Units: Acres
  • Parcel Number: 4655-19-8218.108
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CM

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2024
Closed on
Dec 31, 2024
Sold by
Parrella Tracy Lynn and Grabe-Parrella Tracy Lynn
Bought by
Ferranti Luke
Seller's Agent
Patti Mikita
Ivester Jackson Distinctive Properties
Buyer's Agent
Gayle Jackson
Keller Williams Lake Norman
List Price
$190,000
Sold Price
$185,000
Premium/Discount to List
-$5,000
-2.63%
Total Days on Market
37
Views
39
Current Estimated Value
$183,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,223
Avg. Annual Appreciation
-2.26%
Original Mortgage
$145,000
Outstanding Balance
$144,628
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$39,149

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 7, 2021
Sold by
Tony Mangini Properties Llc
Bought by
Locomotive Lane Llc
Seller's Agent
Justin Boston
Horizon Realty Carolinas
Buyer's Agent
Debbie Monroe
Lake Norman Realty, Inc.
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%

Purchase Details

Listed on
Aug 4, 2020
Closed on
Jul 27, 2020
Sold by
Mills Properties Managements Llc
Bought by
Tony Mangini Properties Llc
Seller's Agent
Katherine Hansen
Hansen Property Management Inc.
Buyer's Agent
Wendy Simpson
Southern Charm Realty & Retreats INC
Sold Price
$900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.85%
Original Mortgage
$72,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2015
Sold by
Nicole Rutemiller Llc
Bought by
Mills Property Management L L C

Purchase Details

Closed on
Jan 21, 2010
Sold by
Rutemiller Nicole R and Mills Bradley W
Bought by
Nicole Rutemiller Llc

Purchase Details

Closed on
Jul 16, 2008
Sold by
Bo Of North Carolina Inc
Bought by
Rutemiller Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

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
Ferranti Luke $185,000 None Listed On Document
Ferranti Luke $185,000 None Listed On Document
Locomotive Lane Llc $138,000 None Available
Tony Mangini Properties Llc $103,000 None Available
Mills Property Management L L C -- None Available
Nicole Rutemiller Llc -- Carolina Title Company Inc
Rutemiller Nicole R $81,000 Carolinas Region Title Agenc
Bo Of North Carolina Inc -- Carolinas Region Title Agenc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferranti Luke $145,000
Closed Ferranti Luke $145,000
Previous Owner Tony Mangini Properties Llc $780,117
Previous Owner Tony Mangini Properties Llc $72,000
Previous Owner Bo Of North Carolina Inc $64,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $185,000 0.0% $300 / Sq Ft
01/08/2025 01/08/25 Sold $185,000 -2.6% $299 / Sq Ft
11/09/2024 11/09/24 For Sale $190,000 0.0% $308 / Sq Ft
11/08/2024 11/08/24 For Sale $190,000 +8.6% $307 / Sq Ft
04/07/2022 04/07/22 Sold $175,000 +3.0% $283 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $169,900 +23.1% $275 / Sq Ft
09/08/2021 09/08/21 Sold $138,000 +15233.3% $223 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
09/01/2020 09/01/20 Rented $900 0.0% --
08/04/2020 08/04/20 For Rent $900 0.0% --
07/27/2020 07/27/20 Sold $103,000 -4.6% $156 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
04/18/2020 04/18/20 Price Changed $108,000 -6.1% $164 / Sq Ft
03/09/2020 03/09/20 Price Changed $115,000 -6.5% $174 / Sq Ft
02/23/2020 02/23/20 For Sale $123,000 -- $186 / 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 $1,581 $154,590 $28,000 $126,590
2023 $1,581 $154,590 $28,000 $126,590
2022 $938 $78,530 $17,000 $61,530
2021 $934 $78,530 $17,000 $61,530
2020 $934 $78,530 $17,000 $61,530
2019 $1,046 $78,530 $17,000 $61,530
2018 $874 $63,390 $16,000 $47,390
2017 $814 $63,390 $16,000 $47,390
2016 $814 $63,390 $16,000 $47,390
2015 $814 $63,390 $16,000 $47,390
2014 -- $73,050 $20,000 $53,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4199060

Canopy MLS (Canopy Realtor® Association)

APN: 4655-19-8218.108