Single Family Home in Sherrills Ford, North Carolina

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Sherrills Ford, NC 28673

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5 Bed, 3 Bath
Single Family Home
3000 sq. ft. ($208 per sq. ft.)
Listing ID: GDP0417

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Property Highlights

  • Single story
  • Built in 1991
  • Property is on 0.36 acre
  • Views of lakefront
  • Electric Heat Pump heating system
  • Electric Heat Pump cooling system
  • Septic system sewer
  • Has a fireplace
  • 8-car Garage (detached)
  • Has a basement
  • Landscape irrigation system
  • Professionally landscaped
  • Recently renovated
  • Updated bathroom
  • Updated kitchen
  • $1,879 estimated taxes

Property Description

This a rather unique 3000 sf 1991 Huge home which has a penthouse which is rented for $1,100.
That leaves a 3 bed 2 ba with a 500 sf workshop and covered dock for your use... at a total cost of $1,200 per month unless interest rates rise

.Loan calculator
Loan amount $395,000
Loan term in years 30
Interest rate * 4.5% per year
Monthly Payments: $2120.00 Plus
 taxes of $1,880.00 + $1156. INSURANCE =
$3,036 DIVIDED BY 12 = $253.00 PER MONTH (taxes and insurance).
$2,001 PAYMENT plus $253.000 Tax and insurance = $2,254.00 per month.
subtract RENT FROM 2 BED PENTHOUSE -$1,100.00
YOUR COST/PAYMENT WILL BE $1154.00 PER MONTH

I have 2 LAKEFRONT HOMES FOR SALE THIS IS THE FIRST

.Built 1991 updated 2006 and 2009
6770-6772 HAVE OVER 3,000 SQUARE FEET AND
ROOM FOR A STUDIO maybe...
but the best part is that I am priced well below competing asking prices andI have much more to offer
The asking price for LakeFRONT homes within my immediate neighborhood or 1,300 feet / 5 to 25 homes is$258.00 PER SQUARE FOOT
I am at a low $198.00 per square foot
I HAVE NO COMPITETION AT THIS LOW PRICE!

The following homes are VERY close to my home
4435 Hill Street 800-900sf smaller and only 1,260 FEET FROM 6770-6772 NC 150 HIGHWAY$585,000 ..............................$495,000 for my home
$266.00 PER SQ.FT...............$198.00 for my HOME

........................................................................................................................................................................6892 Shade Tree Lane 900sf smaller and only 1000 FEET FROM 6770-6772 NC 150 HIGHWAY
$550,000..............................$495,000 for my home
$262.00 PER SQ.FT..............$198.00 for my HOME

..........................................................................................................................................................................6934 Shade Tree Lane 1,200sf smaller and only 739 FEET FROM 6770-6772 NC 150 HIGHWAY
$505,000..............................
$495,000 for my home
$280.00 PER SQ.FT..............$198.00 for my home

...........................................................................................................................................................................7011 Navajo Trail 1,500 sf smaller. and only 1,267 FEET FROM 6770-6772 NC 150 HIGHWAY
$380,000..............................$495,000 for my home
$253.00 PER SQ.FT..............$198.00 for my home

............................................................................................................................................................................4450 Power 300 feet smaller and only 1,200 FEET FROM 6770-6772 NC 150 HIGHWAY $649,000 ..............................$495,000 for my home
$233.00 PER SQ.FT. ..............$198.00 for my home

each has a dock and a carport or 2 car garage.
 
My price? $198.00 PER SQUARE FOOT and you get a 4 car garage or 2 car with workshop (they do not have) and a boat launch... (they do not have) and a COVERED dock... (they do not have) and even zoning of your choice... single family, duplex or commercial which they also do not have

With 20% down this is your cost. $395,000 LOAN @ 4.5% $2120.00 + TAX AND INSUR $253.00. PAYMENT $2400. RENT FROM PENTHOUSE $1,100. Your monthly cost $1,300.00

NOT A FIXER although there are a few things I might want to do and will maybe this summer... unless I sell.

You get a break on price.

and I sell NET $495,000

2 MASTER BEDROOMS
3 BATHS
2 HEAT/COOL SYSTEMS
3 ELECTRICAL SERVICES
1 LARGE BBQ DECK,
2 LAKEVIEW DECKS,
1 LAKESIDE PARTY DECK
2 LAKEVIEW LIVING ROOMS
2 KITCHENS WITH DISHWASHER, DISPOSAL, ELECTRIC STOVE LARGE REFRIGERATORS
2 LAUNDRY ROOMS WITH WASHER AND DRYER

Amazing… FINISHED PINE TONGUE AND GROVE WALLSTILE
 HARDWOOD AND CARPET FLOORING
FLOOR TO GLASS WINDOWS
DOUBLE PANE WINDOWS
2 RV PARKING SPACES
NO ASSOCIATION FEES
PLUS a HUGE savings as most LAKEFRONT Homes require flood insurance No expensive flood insurance required here

QUIET LONG COVEPERFECT FOR SUNNING ON YOUR FLOAT
YEAR ROUND WATER!
DURING THE DROUGHT I STILL HAD 3 FEET
PRIVATE LAUNCH
COVERED BOAT DOCK
900SF GARAGE (4 car size) or 2 car w/WORKSHOP
NOT A FIXER

One of a kind zoning
MULTI-FAMILY
SINGLE FAMILY
and a leftover from the old daysCOMMERCIAL
NO STREET OR HIGHWAY FRONTAGE ITS ON THE LAKE
SO IT WOULD NEED TO BE A LAKE BUSINESS or a business that does not need highway exposure!getting back to the real world... this is a big house!set up as 2 separate units


* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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January 14, 2010

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