NOT LISTED FOR SALE

1004 Fairbrae Ln Unit 245 Indian Trail, NC 28079

Estimated Value: $545,532 - $597,000

5 Beds
3 Baths
2,752 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $399,958 $145 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,306/month

54 Days on Market

Highlights

  • Community Cabanas
  • Under Construction
  • Corner Lot
  • Hemby Bridge Elementary School Rated A
  • Open Floorplan
  • Fireplace

About This Home

As of November 2020

2-Story Craftsman home with covered front porch. This home has 5 bedrooms with 3 bathrooms and a loft with 2 car garage. Very open floorplan with guest suite on the 1st floor, gathering room opens to breakfast area and kitchen while flex room is tucked away in the front of the home. Fireplace, stainless steel appliances, granite counter tops, enhanced vinyl plank flooring, tile bath and laundry. Ready to close in November 2020. Seller to pay up to 3% towards closing cost with the use of MHF. Community pool with be open Spring 2021.

Last Agent to Sell the Property

Ed Pohorence

Mattamy Carolina Corporation License #65200 Listed on: 08/31/2020

Co-Listed By

Rick Epley

Mattamy Carolina Corporation License #142762

Last Buyer's Agent

Tonja Schult

Century 21 DiGioia Realty License #309307

Century 21 DiGioia Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 6,534

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Additional Features

  • Corner Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07022177

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 544-7779
  • Built by Mattamy Homes

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.05821
  • Ratio Current Price By Acre: 2666386.67
  • Ratio Current Price By Sq Ft: 145.33
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1581
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, g-Energy Star® Light Fixtures, Exhaust Fan, Gas Range, Microwave, Self Cleaning Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1171
  • Total Sq Ft: 2752
  • Sq Ft Unheated Main: 420
  • Sq Ft Unheated Total: 420

Exterior Features

  • Construction: Hardboard Siding, Stone
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas, Natural Gas

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Picnic Area, Playground, Sidewalk, Street Lights
  • Association Fee: 194.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Kuester Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hemby Bridge
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Lot Dimension: Corner Lot
  • Lot Features: Corner Lot
  • Lot Size Area: 0.150
  • Parcel Number: 07022177
  • Zoning Specification: R1

Building Info

  • Builder Name: Mattamy Homes

Tax Info

  • Tax Value: 399958.00
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 20, 2020
Sold by
Mattamy Carolina Corporation
Bought by
Brown Jamila Eagles and Brown Corey Devin
Seller's Agent
Ed Pohorence
Mattamy Carolina Corporation
Buyer's Agent
Tonja Schult
Century 21 DiGioia Realty
List Price
$377,958
Sold Price
$399,958
Premium/Discount to List
$22,000
5.82%
Current Estimated Value
$571,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,175
Avg. Annual Appreciation
7.49%
Original Mortgage
$339,653
Outstanding Balance
$302,243
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$268,890
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Jamila Eagles $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Jamila Eagles $339,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $399,958 0.0% $145 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/17/2020 10/17/20 Price Changed $399,958 +1.8% $145 / Sq Ft
10/07/2020 10/07/20 Price Changed $392,958 +1.3% $143 / Sq Ft
09/26/2020 09/26/20 Price Changed $387,958 +0.8% $141 / Sq Ft
09/15/2020 09/15/20 Price Changed $384,958 +1.9% $140 / Sq Ft
08/31/2020 08/31/20 For Sale $377,958 -- $137 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,957 $352,300 $66,400 $285,900
2023 $2,932 $352,300 $66,400 $285,900
2022 $2,932 $352,300 $66,400 $285,900
2021 $2,932 $352,300 $66,400 $285,900
2020 $9 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3657531

Canopy MLS (Canopy Realtor® Association)

APN: 07-022-177