J
Seller's Agent in 2022
Jill Moyer
Redfin Corporation
1018 Lake Forest Dr Matthews, NC 28104
Estimated Value: $1,142,000 - $1,343,000
5
Beds
4
Baths
5,041
Sq Ft
$251/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Open Floorplan
- Private Lot
- Weddington Elementary School Rated A
- Clubhouse
- Wooded Lot
About This Home
As of June 2022Entertainers paradise is awaiting! This home is well equipped for the homebuyer with discriminating taste. Welcome to Lake Forrest Preserve in the highly desired town of Weddington. This 5-bedroom 4 full bath home has all the bells and whistles and is on an amazing, flat, fenced in lot that backs to private wooded space. Main floor has a bedroom and full bath. The kitchen is equipped with a huge island and is a chefs dream which leads into a bright sun room overlooking outdoor oasis. Upper level has spacious bedrooms and a oversize primary bedroom suite. Plenty of storage space and large closets. The outdoor space is where you will want to live! In-ground pool, outdoor fireplace, outdoor kitchen, cool travertine tile around pool area and covered deck will make you feel like you are at a 5 star resort. Award winning Weddington school district and close proximity to I-485, Waverly, Rea Farms and Blakeney plus excellent community features including pool, trails, clubhouse, and courts.
Last Agent to Sell the Property
Jill Moyer
Redfin Corporation License #278422 Listed on: 04/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,235
Year Built
- Built in 2007
Lot Details
- Fenced
- Private Lot
- Level Lot
- Open Lot
- Wooded Lot
HOA Fees
- $100 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- Open Floorplan
- Sound System
- Bar Fridge
- Tray Ceiling
- Ceiling Fan
- Window Treatments
- Great Room with Fireplace
- Crawl Space
- Pull Down Stairs to Attic
- Home Security System
- Laundry Room
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Garden Bath
Parking
- Attached Garage
- Garage Door Opener
- Driveway
Outdoor Features
- In Ground Pool
- Outdoor Fireplace
- Outdoor Kitchen
- Fire Pit
Schools
- Weddington Elementary And Middle School
- Weddington High School
Utilities
- Zoned Heating System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 06-099-274
Community Details
Overview
- Lake Forest Preserve Subdivision
- Mandatory home owners association
Amenities
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Recreation Facilities
- Community Playground
- Community Pool
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2022
Closed on
May 31, 2022
Sold by
Patel and Yamini
Bought by
Tareen Tamour Khan and Tareen Bushra
Seller's Agent
Jill Moyer
Redfin Corporation
Buyer's Agent
Kay Durrani
Pulte Home Corporation
List Price
$1,179,000
Sold Price
$1,200,000
Premium/Discount to List
$21,000
1.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,400
Avg. Annual Appreciation
1.62%
Original Mortgage
$1,079,880
Outstanding Balance
$1,026,067
Interest Rate
5.11%
Mortgage Type
Balloon
Estimated Equity
$240,333
Purchase Details
Closed on
Jun 27, 2007
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Patel Upday and Patel Yamini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.16%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 6, 2007
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Patel Upday and Patel Yamini
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.16%
Mortgage Type
Negative Amortization
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tareen Tamour Khan | $1,200,000 | Cooper Legal Firm Pc | |
| Patel Upday | $623,000 | None Available | |
| Patel Upday | $623,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tareen Tamour Khan | $1,079,880 | |
| Previous Owner | Patel Upday | $425,000 | |
| Previous Owner | Patel Upday | $425,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2022 06/07/22 | Sold | $1,200,000 | +1.8% | $238 / Sq Ft |
| 04/29/2022 04/29/22 | Pending | -- | -- | -- |
| 04/27/2022 04/27/22 | For Sale | $1,179,000 | -- | $234 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,235 | $761,500 | $124,500 | $637,000 |
| 2023 | $4,820 | $761,500 | $124,500 | $637,000 |
| 2022 | $4,843 | $761,500 | $124,500 | $637,000 |
| 2021 | $4,843 | $761,500 | $124,500 | $637,000 |
| 2020 | $4,808 | $614,100 | $93,000 | $521,100 |
| 2019 | $4,808 | $614,100 | $93,000 | $521,100 |
| 2018 | $0 | $614,100 | $93,000 | $521,100 |
| 2017 | $4,796 | $614,100 | $93,000 | $521,100 |
| 2016 | $4,707 | $614,100 | $93,000 | $521,100 |
| 2015 | $4,769 | $614,100 | $93,000 | $521,100 |
| 2014 | $4,320 | $628,870 | $100,000 | $528,870 |
Source: Public Records
Agents Affiliated with this Home
-
Jill Moyer
-
Kay Durrani
Buyer's Agent in 2022
Kay Durrani
Pulte Home Corporation
(571) 432-6788
62 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3852294
APN: 06-099-274
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