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Terra Vista Realty
144 Timber Lake Drive
144 Timber Lake Drive
$1,705,702 (our value guesstimate)
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Troutman, NC 28166 ▪  (MLS # 3697944)
3-car garage  ▪   Built: 2013  ▪   Primary on Main
4 bed  ▪  3 full & 2 half bath  ▪  5,164 Sq Ft
Sold for $1,175,000 on Apr 14, 2021
144 Timber Lake Drive
$1,705,702 (our value guesstimate)
Troutman, NC 28166 ▪  (MLS # 3697944)
3-car garage  ▪   Built: 2013  ▪   Primary on Main
4 bed  ▪  3 full & 2 half bath  ▪  5,164 Sq Ft
Sold for $1,175,000 on Apr 14, 2021
SOLD APR 14, 2021
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$1,175,000  (sales price)
4 bed  ▪  3 full & 2 half bath  ▪  5,164 Sq Ft
144 Timber Lake Drive
Troutman, NC 28166 (MLS # 3697944)
4.27 acres  ▪   Built: 2013  ▪   Primary Bedroom on Main
Subdivision: Falls Cove
Troutman, NC / 28166

Our Value Guesstimate (from Computer Algorithm): $1,705,702

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,449,847 and $1,961,557.
Sale Details
Sales Price: $1,175,000
Closed: Apr 14, 2021 (1,079 days ago)
List Price: $1,250,000
Sold for: 94% of list price
Cumulative Days on Market: 47
Price/Sq Ft: $228
Remarks - 144 Timber Lake Drive
(from previous listing) Exceptional craftsmanship, privacy, and natural beauty come together to create a contemporary, rustic one-of-a-kind home. Featuring reclaimed barn wood floors, a temperature controlled wine room w/ custom wine racks, a large screened in porch with an outdoor kitchen as well as a stacking glass door wall which creates indoor/outdoor living, a full bar, and more! Equipped with up-to-date systems such as sub zero and wolf appliances, touchless kitchen faucets, 24 zone sprinkler system, security sys ...
Continue reading

General Info - MLS # 3697944
Parking: Garage - 3 Car
Year Built: 2013
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: 4.27 acres
Area Schools
7/10
Troutman Elementary School
Distance: 3.2 mi
4/10
Troutman Middle School
Distance: 3.0 mi
8/10
South Iredell High School
Distance: 3.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Falls Cove
Listing History
04/14/2021: MLS Sold for $1,175,000 (Canopy MLS)
Cumulative Days on Market: 47
More details

01/30/2017: MLS # 3227333 sold for $875,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 14
County Tax Data
2023 County Tax Assessment: $1,184,200
Next Iredell County Tax Assessment: 2027

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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  More Home Details
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See Sold Homes in Falls Cove
SOLD MAR 14, 2024
Sold for $247/Sq Ft & 89% of list
50 cumulative days on market
$1,200,000 (sales price)
4 bed  ▪  4 full & 1 h. bath  ▪  4,849 SqFt
176 Park Crest Dr
Troutman, NC 28166
Falls Cove
0.2 mi.

SOLD SEP 5, 2023
Sold for $373/Sq Ft & 100% of list
0 cumulative days on market
$1,725,000 (sales price)
4 bed  ▪  4 full & 1 h. bath  ▪  4,626 SqFt
116 Silver Falls Dr
Troutman, NC 28166
Falls Cove
0.4 mi.

SOLD APR 14, 2023
Sold for $420/Sq Ft & 103% of list
2 cumulative days on market
$1,800,000 (sales price)
4 bed  ▪  4 full & 1 h. bath  ▪  4,286 SqFt
195 Timber Lake Dr
Troutman, NC 28166
Falls Cove
0.3 mi.

Neighborhood Summary (single family)
Falls Cove

Sales in:

Median $ / Sq Ft (single family)
Falls Cove




28166 ZIP Code Trends
28166 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28166 is the 64th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28166 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

36
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

36%
of Available Homes
Are Under Contract
36% of previously owned 28166-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28166 Area Metro Area
1-year + 3% + 3%
2-year + 3% + 2%
5-year +53% +66%
The price per square foot of 28166-area re-sale homes has increased by approximately 53% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

36
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

21%
Of Recently Sold Homes
Over Asking Price

21% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

Price Per Square Foot Change
Period 28166
Area
Metro
Area
1-year + 3% + 3%
2-year + 3% + 2%
5-year +53% +66%

The price per square foot of 28166-area re-sale homes has increased by approximately 53% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

38%
of Available Homes
Are Under Contract

38% of previously owned 28166-area homes are under contract – compared with 49% of all homes in the Charlotte metro area.



Our Value Guesstimate: $1,705,702

Our computer algorithm has estimated that this home would be likely to sell in a range between $1,449,847 and $1,961,557.


Sale Details
Sales Price: $1,175,000
Closed: Apr 14, 2021 (1,079 days ago)
List Price: $1,250,000
Sold for: 94% of list price
Cumulative Days on Market: 47
Price/Sq Ft: $228
Remarks
(from previous listing) Exceptional craftsmanship, privacy, and natural beauty come together to create a contemporary, rustic one-of-a-kind home. Featuring reclaimed barn wood floors, a temperature controlled wine room w/ custom wine racks, a large screened in porch with an outdoor kitchen as well as a stacking glass door ...
Continue reading

General Info - MLS 3697944
Parking: Garage - 3 Car
Year Built: 2013
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: 4.27 acres

Neighborhood Info
Subdivision: Falls Cove
Listing History
04/14/2021: MLS Sold for $1,175,000 (Canopy MLS)
Cumulative Days on Market: 47
More details


01/30/2017: MLS # 3227333 sold for $875,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 14
Area Schools
7/10
Troutman Elementary School
Distance: 3.2 mi
4/10
Troutman Middle School
Distance: 3.0 mi
8/10
South Iredell High School
Distance: 3.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Falls Cove neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Twin Creek Estates, Falls Cove At Lake Norman, and Tremount.



CDS Data Share Based on information submitted to the MLS GRID as of 03/28/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.