NOT LISTED FOR SALE

1020 Fallbrook Ln Lewisville, NC 27023

Estimated Value: $620,636 - $721,000

4 Beds
4.5 Baths
3,900 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: August 23, 2021

Last sale price $500,000 $128 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,963 / mo

Highlights

  • Pool
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Meadowlark Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2021

One of a kind home in sought after Arbor Run in Lewisville. 4 Bedroom/ 4.5 Bathrooms. Recently renovated and ready to call home. The inviting entry is only the beginning. The main level boasts a bright modern kitchen with sunny breakfast nook, open floorplan living room, a primary bedroom spa en suite, office, and formal dining. 3 spacious bedrooms upstairs with 2 full bathrooms, perfect for in-law suite and guests. Walkout finished basement opportune for playing pool, a gym, and second living room, all next to another cozy fireplace, plus full bathroom! The backyard oasis offers a fenced, beautifully landscaped yard. Overlook the pond from the oversized deck. Ample room for entertaining guests on all 3 levels. Meadowlark/Reagan Schools!

Last Agent to Sell the Property

Micaela Wall

The W Group Real Estate License #317256 Listed on: 06/18/2021

Last Buyer's Agent

Brent Moser

Real Broker LLC License #313027

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,625

Year Built

  • Built in 1993

Lot Details

  • 17,860 Sq Ft Lot
  • Fenced
  • Property is zoned RS9

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Stucco
  • Stone

Interior Spaces

  • 3,685 Sq Ft Home
  • 3,300-3,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Pool

Outdoor Features

  • Exterior Lighting

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5885832681
  • 1% Total Tax Rate

Community Details

Overview

  • Arbor Run Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,625

Year Built

Built in 1993

Lot Details

0.41 Acres

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Subdivision Name: Arbor Run
  • Directions: From US 421 N take exit toward Lewisville Clemmons Rd. Continue onto Lewisville Clemmons Rd. Turn right onto Arbor Run Dr. Turn right onto Ridge Gate Dr. Turn right onto Fallbrook Ln. Home will be on the left hand side.
  • Above Grade Finished Sq Ft: 3685
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 600 - 800
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3300 - 3900
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Basement, Living Room
  • Fireplaces: 2
  • Living Area: 3685
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Pool Features: Community
  • Construction Type: Stone, Stucco
  • TRIADMLS_PoolYN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 45.84
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Meadowlark
  • High School: Reagan
  • Middle Or Junior School: Meadowlark

Lot Info

  • Parcel #: 5885832681
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3625
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.9805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 23, 2021
Sold by
Jenkins Bttadford Lance and Moser Courtney Michelle
Bought by
Magrad Atef M and Swileh Aesiah Ahmed
Seller's Agent
Micaela Wall
The W Group Real Estate
Buyer's Agent
Brent Moser
Real Broker LLC
Sold Price
$500,000
Current Estimated Value
$679,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,659
Avg. Annual Appreciation
6.82%
Original Mortgage
$475,000
Outstanding Balance
$430,989
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,670

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jul 8, 2019
Sold by
Gitchell Jones Larry Dale and Gitchell Jones Lisa
Bought by
Jenkins Bradford Lance and Moser Courtney Michelle
Seller's Agent
Brenna Fallin
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Lori Prescott
Keller Williams Realty Elite
Sold Price
$369,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.33%
Original Mortgage
$369,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2006
Sold by
Williams Chad Aaron and Chad Aaron Williams Revocable
Bought by
Jones Larry Dale and Jones Lisa Gitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 29, 1998
Sold by
Oberosler Robert G and Perrone Oberosler Patricia
Bought by
Williams Chad Aaron and Williams Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Magrad Atef M $500,000 First American Mortgage Sln
Jenkins Bradford Lance $369,000 None Available
Jones Larry Dale $351,000 None Available
Williams Chad Aaron $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magrad Atef M $475,000
Previous Owner Jenkins Bradford Lance $369,000
Previous Owner Jones Larry Dale $265,000
Previous Owner Williams Chad Aaron $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2021 08/23/21 Sold $500,000 +35.5% $152 / Sq Ft
06/16/2021 06/16/21 Off Market $369,000 -- --
07/09/2019 07/09/19 Sold $369,000 -- $112 / Sq Ft View Prior Sale
Source: Triad MLS

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 $4,059 $594,600 $50,000 $544,600
2024 $3,874 $410,500 $50,000 $360,500
2023 $3,874 $410,500 $50,000 $360,500
2022 $3,874 $410,500 $50,000 $360,500
2021 $3,853 $410,500 $50,000 $360,500
2020 $3,625 $359,700 $45,000 $314,700
2019 $3,381 $332,200 $45,000 $287,200
2018 $3,269 $332,200 $45,000 $287,200
2016 $3,146 $318,444 $71,500 $246,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1028938

Triad MLS

APN: 5885-83-2681

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