NOT LISTED FOR SALE

1005 Terramore Ln Unit 50 Waxhaw, NC 28173

Estimated Value: $1,763,307 - $1,933,000

5 Beds
5.5 Baths
5,890 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $1,861,000 $316 Per Sq Ft

Current estimated payment $10,775/month

Highlights

  • Open Floorplan
  • Pond
  • Wood Flooring
  • Marvin Elementary School Rated A
  • Traditional Architecture
  • Mud Room

About This Home

As of May 2024

Nestled in the serene cul-de-sac of Ladera, this stunning residence offers a seamless blend of luxury and privacy. The first floor features elegant hardwood flooring that adds warmth and sophistication to the living spaces. Whether you work from home or need a quiet place to study, the office provides privacy. Accommodate guests in style with a private suite that ensures their comfort and privacy. The chef’s kitchen boasts top-of-the-line cabinets, a gas range and quartz countertops.The expansive primary suite is a true sanctuary, offering ample space, natural light and a spa-like bath retreat.3 guest ensuite bedrooms provide comfort and flexibility for guests.Property offers a features of 6th bedroom or bonus room.Well-designed media room and loft area that offers endless possibilities.Enjoy the outdoors year-round with a screen porch. With over 100 beautiful trees around the house, the property offers scenic views that soothe the soul—a perfect backdrop for relaxation and reflection.

Last Agent to Sell the Property

Raghu Vemuri

Coldwell Banker Realty Brokerage Email: vemurincre@gmail.com License #341379 Listed on: 03/27/2024

Coldwell Banker Realty

Last Buyer's Agent

Marguerite Caputo-Suppa

RE/MAX Executive License #327194

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,443

Year Built

  • Built in 2018

Lot Details

  • Cul-De-Sac
  • Back Yard Fenced
  • Irrigation
  • Property is zoned R-40, AJ0

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Attached Carport

Home Design

  • Traditional Architecture
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Family Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond
  • Fire Pit

Schools

  • Marvin Elementary School
  • Marvin Ridge Middle School
  • Marvin Ridge High School

Utilities

  • Central Air
  • Floor Furnace

Community Details

  • Braesael Management Association, Phone Number (704) 847-3507
  • Ladera Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 06-225-433

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,443

Year Built

Built in 2018

Lot Details

0

HOA Fees

$153 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2018
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 315.96
  • Geocode Confidence: High
  • Attribution Contact: vemurincre@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2686
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 360
  • Sq Ft Unheated Total: 360
  • Sq Ft Upper: 3204
  • Appliances: Dishwasher, Refrigerator
  • Above Grade Finished Sq Ft: 5890
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Screen Door(s), Sliding Doors
  • Fireplace Features: Family Room, Fire Pit
  • Living Area: 5890
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 21

Exterior Features

  • Exterior Features: Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Hardboard Siding, Stone
  • Patio And Porch Features: Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 970
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Carport

Utilities

  • Heating: Floor Furnace
  • Sewer: County Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Gated, Pond, Street Lights
  • Association Fee: 457.5
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Braesael Management
  • Phone: 704-847-3507
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 1830.00

Schools

  • Middle Or Junior School: Marvin Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.512
  • Lot Size Units: Acres
  • Parcel Number: 06-225-433
  • Zoning: AJ0
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-40

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Marvin
  • High School: Marvin Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
May 9, 2024
Sold by
Deo Mangesh and Deo Sindhu
Bought by
Brocchi Neto Mario and Bovolo Brocchi Michaella
Seller's Agent
Raghu Vemuri
Coldwell Banker Realty
Buyer's Agent
Marguerite Caputo-Suppa
RE/MAX Executive
List Price
$1,740,000
Sold Price
$1,861,000
Premium/Discount to List
$121,000
6.95%
Views
13
Current Estimated Value
$1,866,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,102
Avg. Annual Appreciation
-0.16%
Original Mortgage
$1,305,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2022
Sold by
Deo Mangesh and Deo Sindhu
Bought by
Deo Sindhu

Purchase Details

Listed on
May 19, 2018
Closed on
Sep 28, 2018
Sold by
Calatlautic Group Inc
Bought by
Deo Mangesh and Deo Sindhu
Seller's Agent
Angela Kruger
Lennar Sales Corp
Buyer's Agent
Anish Shah
Helen Adams Realty
List Price
$883,525
Sold Price
$880,835
Premium/Discount to List
-$2,690
-0.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$792,751
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brocchi Neto Mario $1,861,000 None Listed On Document
Deo Sindhu -- --
Deo Mangesh $881,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neto Mario Brocchi $1,350,000
Closed Brocchi Neto Mario $1,305,000
Previous Owner Deo Mangesh $500,000
Previous Owner Deo Mangesh $229,175
Previous Owner Deo Mangesh $150,000
Previous Owner Deo Mangesh $817,000
Previous Owner Deo Mangesh $818,000
Previous Owner Deo Mangesh $792,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $1,861,000 +7.0% $316 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $1,740,000 +97.5% $295 / Sq Ft
09/28/2018 09/28/18 Sold $880,835 -0.3% $163 / Sq Ft
05/19/2018 05/19/18 Pending -- -- --
05/19/2018 05/19/18 For Sale $883,525 -- $163 / 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 $5,443 $867,000 $167,800 $699,200
2023 $5,423 $867,000 $167,800 $699,200
2022 $5,423 $867,000 $167,800 $699,200
2021 $5,411 $867,000 $167,800 $699,200
2020 $5,538 $719,100 $120,000 $599,100
2019 $5,510 $719,100 $120,000 $599,100
2018 $920 $120,000 $120,000 $0
2017 $972 $120,000 $120,000 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4123341

Canopy MLS (Canopy Realtor® Association)

APN: 06-225-433