Probably moving to Lake Norman area and hunting for property this summer... | FerrariChat

Probably moving to Lake Norman area and hunting for property this summer...

Discussion in 'North & South Carolina' started by Rubino, Jul 1, 2005.

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  1. Rubino

    Rubino Formula Junior

    May 24, 2005
    646
    Charlotte Area
    Full Name:
    Bob Curtis
    #1 Rubino, Jul 1, 2005
    Last edited by a moderator: Sep 7, 2017
    Would appreciate any Any thoughts or suggestions? looking for acerage on the water to build on and possibly subdivide later. Will be coming down in Late July or early August to scout out some areas. BTW..Any "Car Tax in NC? In Virginia my personal property tax was $12,000 on the 360 for one year!

    Ouch!

    Thaks for any assistance
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  2. ECTurboGSX

    ECTurboGSX Formula 3

    Dec 26, 2004
    1,074
    Bay Area, CA
    Full Name:
    Eric
    I'm pretty sure that it varies by county. In Wake county, which is where Raleigh is, I believe it comes out to around $0.73 on every $100. I know that I just bought a Ducati and I paid a 3% highway usage tax or some crap on that. I really am not too sure though. I'll be getting property tax crap on the Ducati soon and I will let you know.
     
  3. Ricambi America

    Ricambi America F1 World Champ
    Sponsor Owner

    Rubino -

    Check out the North Carolina DMV website. Tons of very good information about vehicle & road taxes. If you move down here, shout out for the local FCA group. Great drivers, lots of good events.


    -Daniel
     
  4. BrianC

    BrianC Formula Junior

    Apr 6, 2004
    908
    North Augusta, SC
    Full Name:
    Brian C
    Bob, I live in the Lake Norman area in Huntersville which is in Mecklenburg county. I dug up an old property tax bill (from 2002) on my 1986 328 GTS and it was about $200; however, they have the tax value of the car listed at $18,800!! In 2002, the Mecklenburg county tax rate was .8397 per $100. The Huntersville tax rate was .26 per $100. Mecklenburg has the highest tax rate of any county around here. If you are looking to live on Lake Norman, you have three other counties as options.... Iredell, Catawba, and Lincoln county. I'm sure their rates are a good deal less.

    From a real estate stand point, the best value for waterfront property on Norman (in my opinion) is the Western side of the lake with includes both Lincoln and Catawba counties. Denver, NC is a good area that has a lot of shoreline and relatively undeveloped property still available. The Northern side of the Lake is also a good area with a lot of property options. The commute to Charlotte can be a bear though!

    On a Ferrari note, we have a local (informal) Ferrari club around Charlotte called CAFE (Charlotte Area Ferrari Enthusiasts). We are just a buch of guys who enjoy getting together, having lunch, talking cars, and DRIVING. If you move here, you should definitely hook up with us. There are quite a few members in the Lake Norman area including myself. We would definitely welcome you and your beautiful 360.
     
  5. Rubino

    Rubino Formula Junior

    May 24, 2005
    646
    Charlotte Area
    Full Name:
    Bob Curtis
    Brian C...Thanks fo all of the good info. I will be getting my maps ready over the next few weeks snd searching the area via the web. It's good to hear of the CAFE group as well, sound like an interesting area. Recon mission now ibeing planned. all of the tax rates are better than the Annual Faifax County rate of $4.50/100

    Thanks Bob C.
     
  6. eclipse185

    eclipse185 Formula Junior

    Oct 25, 2004
    250
    Statesville, NC
    Full Name:
    Rob Whitener
    Bob, absolutely gorgeous color on the spider! I did not notice any chips missing on the nose. Do you get to drive her much? If you bring her down when you come later this summer, be advised that the North Carolina back roads are notorious for adding character to the nose. Wait until you see mine. There are lots of "enthusiasts" in NC, some of which you would have to classify as crazy. (See JackRusselRacing's Kart thread.) I hope you get to meet us all at some time in the future. Good Luck on your search.
     
  7. Rubino

    Rubino Formula Junior

    May 24, 2005
    646
    Charlotte Area
    Full Name:
    Bob Curtis

    I can't wait to get down.Internet shopping is OK, but I need to see the area. May be bringing my Cayenne Turbo down over the nex week or so on recon. good advice on the nose. The 360 spider has the 3M "clear Bra" over the entire nose, bumper, lights, mirros and seat cones. . sounds like it may get a work-out. Nice collection of Italian Art.
     

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