CASH OFFERS ONLY. Sold AS IS. A Big Opportunity for the right buyer! This spacious home overlooks Lake Norman & boasts a floating dock w/ 2 covered slips & plenty of lake frontage,In ground pool & large covered patio w/ bar & bath, 3 car garage & shop w/ unfinished apartment, and so much more. Home needs work, would make a great tear down.
Single-familyProperty Type
1968Year Built
0.89 acresLot Size
$162Est. Price/Sq.Ft.
9 spacesParking
Listed by Tim Brown• Hines & Associates Realty LLC
Bought with Thomas Huminik• Sycamore Properties Inc
Source:CANOPYMLS as Distributed by MLS Grid #2176196
Redfin Estimate
$1,069,150
$34K since sold in October 2017$6,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 28.3% higher than the average sale price ($833K) of 6 comparable homes.
CASH OFFERS ONLY. Sold AS IS. A Big Opportunity for the right buyer! This spacious home overlooks Lake Norman & boasts a floating dock w/ 2 covered slips & plenty of lake frontage,In ground pool & large covered patio w/ bar & bath, 3 car garage & shop w/ unfinished apartment, and so much more. Home needs work, would make a great tear down.
CANOPYMLS as Distributed by MLS Grid #1
Jul 31, 2013
Price Changed
$391,500
$59/sq ft
May 13, 2013
Price Changed
$435,000
$66/sq ft
Mar 26, 2013
Price Changed
$579,900
$88/sq ft
Year
Property tax
Land + Additions
Assessment*
2020
$11,732 (+0.9%)
$320,000 + $714,100
$1,034,100
2019
$11,629 (−5.3%)
$320,000 + $714,100
$1,034,100
2018
$12,279 (+0.5%)
$320,000 + $714,100
$1,034,100
2017
$12,219 (+12.8%)
$400,000 + $693,200
$1,093,200
2016
$10,830 (+167.2%)
$400,000 + $693,200
$1,093,200
2014
$4,053
$400,000 + $321,050
$721,050
2013
$4,054 (+0.9%)
$400,000 + $321,050
$721,050
2012
$4,018
$400,000 + $321,050
$721,050
2011
$4,018
Tax history for 506 Oak Tree Rd
Year
Property tax
Land + Additions
Assessment*
2020
$11,732 (+0.9%)
$320,000 + $714,100
$1,034,100
2019
$11,629 (−5.3%)
$320,000 + $714,100
$1,034,100
2018
$12,279 (+0.5%)
$320,000 + $714,100
$1,034,100
2017
$12,219 (+12.8%)
$400,000 + $693,200
$1,093,200
2016
$10,830 (+167.2%)
$400,000 + $693,200
$1,093,200
2014
$4,053
$400,000 + $321,050
$721,050
2013
$4,054 (+0.9%)
$400,000 + $321,050
$721,050
2012
$4,018
$400,000 + $321,050
$721,050
2011
$4,018
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Aug 3, 2022 • Final
Residential install/repair plumbing
Install a drain and water line for an outdoor sink.
Plumbing
Sep 25, 2019 • Final
Application
Install gas lines for a fireplace, a vent-free fireplace, and a range.
Gas
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Type: Partial Finished
Bathroom Information
# of Full Baths: 7
# of 1/2 Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Continuous Footing
Building Style Type: Ranch
Building Construction Quality: Above Average
Exterior Wall: Aluminum/Vinyl
Roof Shape Type: Hip
Building Improvement Type: Single Family
Pool Information
Pool Type: Vinyl
Has Pool
Property Information
Subdivision Name: SECTION 09
Living Sq. Ft: 6,619
Ground Floor Sq. Ft: 4,849
Building Sq. Ft: 7,849
# of Stories: 1
Stories Type: 1
Legal Description: SEC 9 DUKE POWER #213 PB 65-36
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 1,230
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 38,768
Legal Lot Number: 213
Municipality Name: DAVIDSON
Acres: 0.89
Zoning Code: RLI
County Use Description: SIN FAM RES WATER FRONTAGEY
Financial
Assessor Information
Assessment Year: 2026
Tax District County: TOWN OF MOORESVILLE
Public facts
Beds: 7
Baths: 7.5
Sq. Ft.: 6,619
Stories: 1.0
Lot Size: 0.89 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 2005
County: Iredell County
APN: 4637410900.000
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Lake Norman Elementary School
Public PreK-5 • Assigned • 0.3mi
6/10
Woodland Heights Middle
Public 6-8 • Assigned • 1.3mi
6/10
Lake Norman High School
Public 9-12 • Assigned • 1.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 104° expected this year, 17 days in 30 years
4/10 Wind Factor
8% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Mooresville, NC • 28117
Average low and high temperatures (°F)
48
30
55
37
69
46
76
55
77
60
87
69
91
73
81
67
80
62
71
52
63
45
52
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 5.3 hours in December, which is comparable to the
U.S. average for solar exposure.
9.3 hrs
5.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.02M – $1.23M
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