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Land Sale Profile <br />Sale No. 3 <br />Location Property Identification <br />Property Name: Kerns Rd <br />Sub - Property Type: Land: Residential (Single <br />Family) <br />Address: Kerns Rd. <br />City /State /Zip: Huntersville, NC 28078 <br />County: Mecklenburg <br />Market Orientation: Suburban <br />Sale Information <br />Sale Price: <br />$248,700 <br />Eff. R.E. Sale Price: <br />$248,700 <br />Sale Date: <br />03/10/2011 <br />Sale Status: <br />Closed <br />$ /Acre(Gross): <br />$23,308 <br />$ /Land SF(Gross): <br />$0.54 <br />$ /Acre(Usable): <br />$23,308 <br />$ /Land SF(Usable): <br />$0.54 <br />Case Study Type: <br />none <br />Grantor /Seller: <br />Hecht Develpment <br />Grantee /Buyer: <br />Joel A. Hedlund and Wife <br />Dominique Rabouin <br />Property Rights: <br />Fee Simple <br />of Interest Conveyed: <br />100.00 <br />Terms of Sale: <br />Cash To seller -Arms Length <br />Document Type: <br />Deed <br />Recording No.: <br />26347/148 <br />Verified By: <br />Baker Haynes <br />Verification Source: <br />Bob Hecht with Hecht <br />Develpment <br />Verification Type: <br />Confirmed - Seller <br />Improvement and Site Data <br />Legal /Tax /Parcel ID: 015 - 231 -07 <br />Acres(Usable /Gross): 10.67/10.67 <br />Kerns Rd <br />H -5 <br />Q <br />01523111 <br />01523166 <br />Lat. /Long.: 35.356129/- 80.871168 IRR Event ID ( 481660 ) <br />Land- SF(Usable /Gross): <br />Usable /Gross Ratio: <br />Shape: <br />Topography: <br />Corner Lot: <br />Frontage Feet: <br />Frontage Desc.: <br />Zoning Code: <br />Zoning Desc.: <br />Flood Plain: <br />Utilities: <br />Utilities Desc.: <br />Source of Land Info. <br />464,655/464,655 <br />1.00 <br />Irregular <br />Gently Sloping <br />No <br />315 <br />Kerns Rd. <br />R3 <br />Residential <br />No <br />Electricity <br />Private sewer and water <br />required <br />Other <br />Comments <br />Property purchased to build one home. Had been on the <br />market for 655 days. <br />Wooded toward Kerns Rd with pasture towards rear <br />boundary. <br />err <br />Attachment number 1 <br />Page 399 <br />