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119 Admiral Lane
119 Admiral Lane
$1,575,000 (sales price - May, 2023)
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Troutman, NC 28166 ▪  (MLS # 3919369)
Primary Up  ▪   $315/Sq Ft
3 bed  ▪  5 full & 1 half bath  ▪  5,003 Sq Ft
2-car garage  ▪   Built: 1985
119 Admiral Lane
$1,575,000 (sales price - May, 2023)
Troutman, NC 28166 ▪  (MLS # 3919369)
Primary Up
3 bed  ▪  5 full & 1 half bath  ▪  5,003 Sq Ft
2-car garage  ▪   Built: 1985
SOLD MAY 30, 2023
WATERFRONT
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$1,575,000  (sales price)
3 bed  ▪  5 full & 1 half bath  ▪  5,003 Sq Ft
119 Admiral Lane
Troutman, NC 28166 (MLS # 3919369)
.49 acres  ▪   Built: 1985  ▪   Primary Bedroom Up
Subdivision: Morrison Point
Troutman, NC / 28166
Sale Details
Sales Price: $1,575,000
Closed: May 30, 2023 (303 days ago)
List Price: $1,450,000
Sold for: 109% of list price
Cumulative Days on Market: 141
Price/Sq Ft: $315
Remarks - 119 Admiral Lane
(from previous listing) Point view! 193 Feet of Lake Norman Shoreline at the end of Morrison Farm Road. Deep, Open water right off your dock. Stikeleather Builders completed an expansive addition in 2007. Wonderfully treed lot for privacy, “surround” lake views of your shoreline and beyond. Owner’s suite has a stunning lake view, and private balcony facing the lake. Suite includes huge walk-in closet, in-suite bath, wall of vanity cabinets, jetted tub, and standing shower. 2-room suite with private bath. Flex room has ...
Continue reading

General Info - MLS # 3919369
Parking: Detached Garage, Garage Shop
Year Built: 1985
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .49 acres
Area Schools
7/10
Troutman Elementary School
Distance: 5.1 mi
4/10
Troutman Middle School
Distance: 4.9 mi
8/10
South Iredell High School
Distance: 5.8 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Morrison Point
Listing History
05/30/2023: MLS Sold for $1,575,000 (Canopy MLS)
Cumulative Days on Market: 141
More details

County Tax Data
2023 County Tax Assessment: $1,132,830
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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See Sold Homes in Morrison Point
SOLD JUL 14, 2023
Sold for $278/Sq Ft & 92% of list
24 cumulative days on market
$1,825,000 (sales price)
4 bed  ▪  4 full bath  ▪  6,566 SqFt
135 Winston Way Ln
Troutman, NC 28166
Morrison Point
0.4 mi.

SOLD JUN 9, 2023
Sold for $163/Sq Ft & 93% of list
69 cumulative days on market
$650,000 (sales price)
5 bed  ▪  3 full & 1 h. bath  ▪  3,996 SqFt
192 Seekirk Dr
Troutman, NC 28166
Morrison Pointe North
1.3 mi.

SOLD MAR 7, 2023
Sold for $426/Sq Ft & 101% of list
3 cumulative days on market
$1,268,500 (sales price)
2 bed  ▪  3 full & 1 h. bath  ▪  2,980 SqFt
117 Winston Way Ln
Troutman, NC 28166
Morrison Point
0.3 mi.

Neighborhood Summary (single family)
Morrison Point

Sales in:

Median $ / Sq Ft (single family)
Morrison Point




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.

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.

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.

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.



Sale Details
Sales Price: $1,575,000
Closed: May 30, 2023 (303 days ago)
List Price: $1,450,000
Sold for: 109% of list price
Cumulative Days on Market: 141
Price/Sq Ft: $315
Remarks
(from previous listing) Point view! 193 Feet of Lake Norman Shoreline at the end of Morrison Farm Road. Deep, Open water right off your dock. Stikeleather Builders completed an expansive addition in 2007. Wonderfully treed lot for privacy, “surround” lake views of your shoreline and beyond. Owner’s suite has a stunning la ...
Continue reading

General Info - MLS 3919369
Parking: Detached Garage, Garage Shop
Year Built: 1985
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .49 acres

Neighborhood Info
Subdivision: Morrison Point
Listing History
05/30/2023: MLS Sold for $1,575,000 (Canopy MLS)
Cumulative Days on Market: 141
More details

Area Schools
7/10
Troutman Elementary School
Distance: 5.1 mi
4/10
Troutman Middle School
Distance: 4.9 mi
8/10
South Iredell High School
Distance: 5.8 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 Morrison Point neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Allendale Point, Sunset Bay, and Lakewood Crossings.



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.