NOT LISTED FOR SALE

Estimated Value: $397,000 - $487,000

7 Acres
$58,614 Price per Acre
320,602 Sq Ft Lot

Last Sold February 17, 2016

Last sale price $87,500

Est. 393% increase in value since last sale

Current estimated payment $2,903/month

180 Days on Market

Highlights

  • Community Lake
  • Community Pool
  • Trails
  • Wooded Lot
  • Tennis Courts

About This Lot

As of February 2016

7ac Wooded Estate Home site in one of the most exclusive luxury lake communities in the SE. Perfect opportunity to build your private dream home. 7mi of shoreline, 20mi of nature trails, 1350ac nature reserve, 300ac common space & 17ac of wtrfront amenities w/swimming pool, tennis courts, fitness, playground, amphitheater & so much more. 20 mins from CLT Douglas Airport & Uptown CLT. AC Lynn Homes can custom design & build your dream home, if interested.

Last Listed By

Susan Johnson

Keller Williams Lake Norman License #242878 Listed on: 06/12/2015

Property Details

Property Type

  • Land

Lot Details

  • Wooded Lot

HOA Fees

  • $400 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 199-353-66

Community Details

Overview

  • Kuester Property Management Association, Phone Number (888) 600-5044
  • Community Lake

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Lot
  • Ratio Close Price By List Price: 0.87500
  • Ratio Close Price By Original Li: 0.87500
  • Ratio Current Price By Acre: 11888.59
  • Restrictions: Manufactured Home Not Allowed, Modular Not Allowed
  • Special Features: None

Interior Features

  • H O A Management Phone: 888-600-5044

Utilities

  • Sewer: Septic Tank
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Lake, Playground, Outdoor Pool, Tennis Court(s), Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Kuester Property Management
  • Hoa Subject To Dues: Mandatory
  • HOA Subject to Dues YN: Yes

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 833x393x153x849x69x160
  • Lot Features: Wooded
  • Lot Size Area: 7.360
  • Parcel Number: 199-353-66
  • Zoning: SFR
  • Zoning Specification: MX1INNOV
  • Plat Reference Section Pages: 514

Tax Info

  • Tax Value: 289800.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Palmer Kirk
Bought by
Given Not
Total Days on Market
180
Current Estimated Value
$431,400

Purchase Details

Listed on
Jun 12, 2015
Closed on
Feb 17, 2016
Sold by
Ac Lynn Homes Llc
Bought by
Albangh William C
Seller's Agent
Susan Johnson
Keller Williams Lake Norman
Buyer's Agent
Glen Kirby
Keller Williams South Park
List Price
$100,000
Sold Price
$87,500
Premium/Discount to List
-$12,500
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.03%
Original Mortgage
$80,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2015
Sold by
Crescent Communities Llc
Bought by
Ac Lynn Homes Llc

Purchase Details

Closed on
Feb 24, 2015
Sold by
The Sanctuary At Lake Wylie Llc
Bought by
Ac Lynn Homes Llc

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
Given Not $41,789 None Listed On Document
Albangh William C $88,000 None Available
Ac Lynn Homes Llc -- None Available
Ac Lynn Homes Llc $50,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albaugh William $62,000
Previous Owner Albangh William C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $87,500 -12.5% --
12/09/2015 12/09/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $100,000 -- --
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
2023 $1,718 $253,500 $253,500 $0
2022 $1,341 $149,600 $149,600 $0
2021 $1,309 $149,600 $149,600 $0
2020 $1,302 $149,600 $149,600 $0
2019 $1,289 $149,600 $149,600 $0
2018 $2,242 $200,600 $200,600 $0
2017 $2,227 $200,600 $200,600 $0
2016 $2,201 $200,600 $200,600 $0
2015 -- $155,300 $155,300 $0
2014 $3,099 $289,800 $289,800 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3093448

Canopy MLS (Canopy Realtor® Association)

APN: 199-353-66