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416 Cove Creek Loop

416 Cove Creek Loop, Mooresville, NC 28117
Property in Iredell
Sold Feb 09, 2015
$585,000
$120,000 by Aquesta Bank
Mortgage Due Feb 15, 2031
Sold Oct 29, 2010
$500,000
$399,920 by Wr Starkey Mortgage Llp
Mortgage Due Nov 01, 2040
416 Cove Creek Loop in Mooresville, NC was first built in 2008 and is 16 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 416 Cove Creek Loop has 4,127 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 105,415 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a cathedral style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 2,251 sqft. There are a total of 8 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of unknown. While the interior walls are made of decorative/custom materials. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 416 Cove Creek Loop sold most recently in Feb 9, 2015 for a total of $585,000. If you work out the math, that's approximately a cost of $141.75 per sqft. Before that, the property was also sold for $500,000 in Oct 29, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,505 in taxes each year. The initial year of tax delinquency occurred in 2021. 416 Cove Creek Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $922,880. If we break it down further, the land itself was valued at $212,500. Improvements to the property, however, were assessed at a total of $710,380. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Interior Walls Type: Decorative/custom materials
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 3
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 2,251
  • Parking Space Count: 8
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 105,415
  • Lot Size Frontage Feet: 1,860
  • Total Building Area: 4,127
  • Gross Building Area: 5,488
  • Building Area: 4,127
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,127
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVE AT CHESAPEAKE POINTE
  • Land Acres: 2.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L101-CHESAPEAKE POINTE-PH1-PB-48-50

Ownership

  • Current Owner : LINEBERGER BOBBY DURHAM
  • Current Owner 2: LINEBERGER TAMMY MASON
  • Previous Owner : NEWTON MICHAEL
  • Previous Owner 2: NEWTON CYNTHIA L
  • Owner Before Previous Owner: CHESAPEAKE FINE HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Iredell-Statesville Schools
  • School Tax School District: C
  • School Tax District Code 2: FR04
  • School Tax District Code 3: SW
  • Census Tract: 061406

Zoning

  • Zoning: R-20

Geography

  • Assessors Map Reference: MAP:4636
  • Account Number: 80021626
  • District: 17
  • Parcel: 4636-14-9680.000
  • Block: 14
  • Lot: 101
  • Municipality: DAVIDSON
  • Latitude: 35.5611
  • Longitude: -80.9101

    Address

  • Full Address: 416 Cove Creek Loop
  • Address - House Number: 416
  • Address - Street Name: Cove Creek
  • Address - Suffix Type: Loop
  • State: NC
  • City Name: Mooresville
  • Carrier Code: R038
  • 4-Digit Zip Code: 8931
  • Zip Code: 28117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,505
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: FR06

    Appraisal Valuation

  • Standard Deviation: 0.1824
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 76
  • Final Value: 1,124,899
  • High Value: 1,330,165
  • Low Value: 919,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: AQUESTA BANK
  • First Open Lien Mortgage Recording Date: Feb 15, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 15, 2031

    Market Valuation

  • Market Total Value: $922,880
  • Market Land Value: $212,500
  • Market Improvement Value: $710,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,880
  • Assessed Land Value: $212,500
  • Assessed Improvements Value: $710,380

    Sales

  • Current Sale Contract Date: Feb 09, 2015
  • Current Sale Recording Date: Feb 09, 2015
  • Current Sale Transaction ID: 1126008450
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 29, 2010
  • Previous Sale Contract Date: Oct 29, 2010
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Feb 09, 2015
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WR STARKEY MORTGAGE LLP
  • Previous Mortgage Transaction Date: Oct 29, 2010
  • Previous Mortgage Loan Amount: $399,920
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Iredell



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 416 Cove Creek Loop located in?
The 416 Cove Creek Loop is a located in the neighborhood of Iredell in Iredell, Mooresville.
What is the average sales price for listings in 416 Cove Creek Loop?
The average sales price for units in 416 Cove Creek Loop is $0 currently.

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