5290 Channel Drive, Sherrills Ford, NC 28673

$160,500
3
BD
2
BA
1,296
SqFt

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Listing courtesy of Premier South. shaunsellsgaston@gmail.com

Sold listing courtesy of eXp Realty, LLC

Sold Price
$160,500
List Price
$124,900
MLS#
4176258
Status
CLOSED
Days on Market
32
Property Type
Residential
Distressed Property
Yes
Year Built
1979
Closing Date
Sep 24, 2024
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
29,620
Lot Size Area
0.68
Living Area
1,296
Sq Ft Total
1296
County
Catawba
Subdivision
Malibu Beach
Special Conditions
Estate

Property Description

The Seller has received multiple Offers and is calling for Highest & Best by noon tomorrow, Monday 8/26. Great investment opportunity to have lake access without paying taxes for it. This modular home has incurred extensive water damage while in probate due to neglect. The new Owner/investor can either repair the damage or scrape and build a newer more modern home. This parcel's elevation is at 792 feet which is the highest point within this neighborhood. A new two story home built here should have a view of the lake. Buyer must do their own due diligence to confirm this. Duke Power has granted shared access to a lake front parcel just to the South. The subject property is on the Catawba and Lincoln County line. Duke Power lot is just south in Lincoln County. A copy of the Lincoln County GIS map is provided in attachments. The property is still in probate but is expected to close within 30 days.

Additional Information

Equipment
Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Primary Bedroom
Laundry Location
Electric Dryer Hookup, Utility Room
Heating
Central
Water
Well
Sewer
Septic Installed
Exterior Construction
Vinyl
Parking
Driveway
Driveway
Concrete, Paved
Lot Description
Corner Lot
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
1296
Master on Main Level
Yes

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