NOT LISTED FOR SALE

116 High Shoals Ln Statesville, NC 28677

Estimated Value: $536,000 - $556,000

3 Beds
2.5 Baths
2,214 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 12, 2024

Last sale price $540,000 $244 Per Sq Ft

Current estimated payment $3,217/month

43 Days on Market

Highlights

  • Pier or Dock
  • Open Floorplan
  • Wooded Lot
  • Access To Lake
  • Private Lot
  • Covered patio or porch

About This Home

As of December 2024

Welcome to this beautiful, updated ranch on nearly 1 acre, in a quiet lake access community on Lake Norman! Home is nestled in a peaceful cul-de-sac with lots of privacy and serenity. Within walking distance to community dock w/ swimming, fishing, kayak, and canoe access. Perfect blend of relaxation & active lifestyles. Great room w/ cathedral ceiling is open to modern kitchen w/ large island, granite countertops & ss appliances. Flex room is perfect for an office or dining room. Primary en-suite w/ tray ceiling, walk in closet w/ with custom built-ins, master bath w/ large tiled shower. Spacious bonus room w/ plumbing for bar area. Enjoy morning coffee on covered porch while listening to the peaceful sounds of nature. Additional updates: HVAC 2019, LVP flooring, new paint, new lighting, septic pumped in 2023. One mile from Waterside Marina, 3 miles from Long Island Boat Launch. Close to shopping and restaurants. Close to I77 & 55 min from Charlotte and Charlotte Douglas Int. Airport.

Last Listed By

Lisa Lewis

Southern Homes of the Carolinas, Inc Brokerage Email: lisaslewis4@gmail.com License #291780 Listed on: 09/27/2024

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,195

Year Built

  • Built in 2002

Lot Details

  • Cul-De-Sac
  • Back Yard Fenced
  • Private Lot
  • Open Lot
  • Wooded Lot
  • Property is zoned RA

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Access To Lake
  • Covered patio or porch

Schools

  • Celeste Henkel Elementary School
  • West Iredell Middle School
  • West Iredell High School

Utilities

  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4701966563.000

Community Details

Overview

  • Grayrock Shoals Subdivision
  • Mandatory home owners association

Recreation

  • Pier or Dock
  • Water Sports

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,195

Year Built

Built in 2002

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2002
  • Restrictions: Subdivision
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 243.90
  • Geocode Confidence: High
  • Attribution Contact: lisaslewis4@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Split Bedroom, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1844
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 499
  • Sq Ft Unheated Total: 499
  • Sq Ft Upper: 370
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Hood, Gas Range, Ice Maker, Microwave, Self Cleaning Oven, Water Softener
  • Above Grade Finished Sq Ft: 2214
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2214
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 10

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Water Body Name: Lake Norman
  • Waterfront Features: Boat Slip – Community, Dock, Paddlesport Launch Site, Paddlesport Launch Site - Community, Pier - Community
  • Construction Type: Vinyl
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 499
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling: Heat Pump
  • Utilities: Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake Access
  • Association Fee: 175
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 175.00

Schools

  • Middle Or Junior School: West Iredell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Open Lot, Private, Wooded
  • Lot Size Area: 0.93
  • Lot Size Units: Acres
  • Parcel Number: 4701966563.000
  • Zoning: RA
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RA

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Celeste Henkel
  • High School: West Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 12, 2024
Sold by
Covington Russell Ladell and Covington Mindi W
Bought by
Collier Melaine Danielle and Collier David Bradley
Seller's Agent
Lisa Lewis
Southern Homes of the Carolinas, Inc
Buyer's Agent
Danielle Arney
EXP Realty LLC Mooresville
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Total Days on Market
43
Views
94
Current Estimated Value
$541,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,875
Avg. Annual Appreciation
0.97%
Original Mortgage
$432,000
Outstanding Balance
$430,491
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$111,384

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 6, 2019
Sold by
Nash Grant S and Nash Jill M
Bought by
Covington Russell Ladell and Covington Mindi W
Seller's Agent
Janet Cox
RE/MAX Lifestyle
Buyer's Agent
Lisa Lewis
Southern Homes of the Carolinas, Inc
List Price
$290,000
Sold Price
$266,837
Premium/Discount to List
-$23,163
-7.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$213,469
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
Gallyon Johnson Matthew and Gallyon Jodi K
Bought by
Nash Grant S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2001
Sold by
High Shoals Development Inc
Bought by
Gallyon Johnson Matthew and Gallyon Jodi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,500
Interest Rate
7.11%

Purchase Details

Closed on
Jun 1, 1993

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
Collier Melaine Danielle $540,000 None Listed On Document
Collier Melaine Danielle $540,000 None Listed On Document
Covington Russell Ladell $267,000 None Available
Nash Grant S $223,000 None Available
Gallyon Johnson Matthew $18,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier Melaine Danielle $432,000
Closed Collier Melaine Danielle $432,000
Previous Owner Covington Russell Ladell $215,600
Previous Owner Covington Russell Ladell $213,469
Previous Owner Nash Grant S $2,928
Previous Owner Nash Grant S $229,000
Previous Owner Nash Grant S $223,000
Previous Owner Gallyon Johnson Matthew $185,000
Previous Owner Gallyon Matthew $183,700
Previous Owner Gallyon Johnson Matthew $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $540,000 -1.8% $244 / Sq Ft
09/27/2024 09/27/24 For Sale $550,000 0.0% $248 / Sq Ft
09/27/2024 09/27/24 Off Market $550,000 -- --
04/11/2019 04/11/19 Sold $266,837 -8.0% $118 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/28/2019 02/28/19 For Sale $290,000 0.0% $128 / Sq Ft
09/16/2016 09/16/16 Rented $1,500 0.0% --
09/13/2016 09/13/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $1,500 +11.1% --
07/18/2013 07/18/13 Rented $1,350 -6.9% --
06/18/2013 06/18/13 Under Contract -- -- --
05/14/2013 05/14/13 For Rent $1,450 -- --
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 $2,195 $355,820 $25,000 $330,820
2023 $2,195 $355,820 $25,000 $330,820
2022 $1,657 $250,450 $25,000 $225,450
2021 $1,628 $250,450 $25,000 $225,450
2020 $1,628 $250,450 $25,000 $225,450
2019 $1,324 $210,510 $25,000 $185,510
2018 $1,279 $205,290 $30,000 $175,290
2017 $1,279 $205,290 $30,000 $175,290
2016 $1,279 $205,290 $30,000 $175,290
2015 $1,279 $205,290 $30,000 $175,290
2014 $1,262 $220,020 $30,000 $190,020
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4185251

Canopy MLS (Canopy Realtor® Association)

APN: 4701-96-6563.000