NOT LISTED FOR SALE

10126 Fairway Ridge Rd Unit 16 Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $464,000 - $479,000

3 Beds
2 Baths
1,545 Sq Ft
$305/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $310,000 $201 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,769/month

1 Day on Market

Highlights

  • Corner Lot
  • Fireplace
  • Many Trees
  • Jay M Robinson Middle School Rated A-
  • Trails
  • Cabin

About This Home

As of January 2021

Located in a highly desirable area of South Charlotte, this ranch style home has had recent updates in preparation for new owners! 2018 Fiber Cement Siding, 2018 Architectural Roof with a 50 year warranty, 2018 Gutters, Neutral Interior Paint, Laminate Wood Flooring and new gas range. Other noteworthy features include Open Floor Plan, Split Bedroom Design, a Private, Level and Fenced Backyard, New windows on the porch, Beautiful Granite Counters in Kitchen and Wet Bar Area and 2 Car Garage. Large Master Bedroom offers two Spacious Walk-in Closets. The home has been very well cared for and is Move In Ready!! One year Home Warranty offered.

Last Agent to Sell the Property

Brenda Shi

Keller Williams Ballantyne Area License #261711 Listed on: 12/18/2020

Keller Williams Ballantyne Area

Last Buyer's Agent

Joseph Gonzales

Coldwell Banker Realty License #273075

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • Corner Lot
  • Many Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2

Home Design

  • Cabin
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • Fireplace
  • Laminate Flooring
  • Permanent Attic Stairs

Listing and Financial Details

  • Assessor Parcel Number 225-094-15

Community Details

Overview

  • Timber Ridge Association

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Cabin
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03368
  • Ratio Close Price By Original Li: 1.03368
  • Ratio Current Price By Acre: 861111.11
  • Ratio Current Price By Sq Ft: 200.65
  • Year Built: 1983
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cooktop Gas
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Laminate Wood
  • Interior Amenities: Attic Stairs Fixed
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1545
  • Total Sq Ft: 1545

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 300.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Timber Ridge
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: McAlpine
  • Middle School: J.M. Robinson
  • High School: Providence

Lot Info

  • Lot Features: Corner Lot, Trees
  • Lot Size Area: 0.360
  • Parcel Number: 225-094-15
  • Zoning Specification: R15PUD

Tax Info

  • Tax Value: 245700.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 19, 2021
Sold by
Lee Wal Ylng Lam and Lam Cheung Kuen
Bought by
Watson Lorraine M
Seller's Agent
Brenda Shi
Keller Williams Ballantyne Area
Buyer's Agent
Joseph Gonzales
Coldwell Banker Realty
List Price
$299,900
Sold Price
$310,000
Premium/Discount to List
$10,100
3.37%
Current Estimated Value
$471,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,752
Avg. Annual Appreciation
9.32%
Original Mortgage
$279,000
Outstanding Balance
$249,008
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$222,744

Purchase Details

Closed on
Feb 25, 2019
Sold by
Porter Cynthia Serfes and Weston Jeffrey Scott
Bought by
Lam Lee Wai Ying and Lam Cheung Kuen

Purchase Details

Closed on
Jul 31, 2007
Sold by
Sheridan Chuck and Sheridan Paula
Bought by
Porter Cynthia Serfes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2007
Sold by
Shaw Steven Murray and Shaw Lynn Burkley
Bought by
Sheridan Chuck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2001
Sold by
Shaw Lynn Burkley
Bought by
Shaw Steven Murray
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Watson Lorraine M $310,000 Barristers Title Services
Lam Lee Wai Ying $266,000 None Available
Porter Cynthia Serfes $212,000 First American Title Of The
Sheridan Chuck $165,000 None Available
Shaw Steven Murray -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Lorraine M $279,000
Previous Owner Porter Cynthia Serfes $212,000
Previous Owner Sheridan Chuck $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $310,000 +3.4% $201 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $299,900 -- $194 / 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
2025 $2,889 $361,300 $135,000 $226,300
2024 $2,889 $361,300 $135,000 $226,300
2023 $2,789 $361,300 $135,000 $226,300
2022 $2,497 $245,700 $85,000 $160,700
2021 $1,300 $245,700 $85,000 $160,700
2020 $1,293 $245,700 $85,000 $160,700
2019 $2,463 $245,700 $85,000 $160,700
2018 $1,930 $141,500 $46,900 $94,600
2017 $1,895 $141,500 $46,900 $94,600
2016 $1,885 $141,500 $46,900 $94,600
2015 $1,874 $141,500 $46,900 $94,600
2014 $1,759 $132,100 $37,500 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3692310

Canopy MLS (Canopy Realtor® Association)

APN: 225-094-15