NOT LISTED FOR SALE

1027 Preakness Blvd Indian Trail, NC 28079

Estimated Value: $355,000 - $409,000

3 Beds
2.5 Baths
1,752 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $261,500 $149 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,373/month

21 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Pond
  • Poplin Elementary School Rated A
  • Clubhouse
  • Engineered Wood Flooring

About This Home

As of November 2020

At no fault to the seller, this home is back on the market. Charleston style home in the Bonterra neighborhood! Open floor plan that opens into the family room that includes two large closets for storage/coats. Family room opens into the kitchen which includes a large island, granite countertops, and stainless steel appliances. Large family room for entertaining includes a gas fireplace on the main floor. Upstairs leads to all three bedrooms including a large master with a covered balcony and large walk-in closet! Master bathroom includes large soaking tub, stand alone shower and double vanity. Patio in the back leads to detached two car garage. Centrally located to all the great amenities that Bonterra offers! Home is priced for the minor TLC/updates that are needed. Come see for yourself.

Last Agent to Sell the Property

Jennifer Ledford

EXP Realty LLC Ballantyne License #220892 Listed on: 10/01/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Lori Lee

Southcreek Inc License #215104

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 4,792

HOA Fees

  • $153 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Mud Room
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • Garden Bath

Additional Features

  • Pond
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 07021422

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

HOA Fees

$153 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.98716
  • Ratio Close Price By Original Li: 0.96888
  • Ratio Current Price By Acre: 2377272.73
  • Ratio Current Price By Sq Ft: 149.26
  • Year Built: 2009
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 876
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Electric Range, Exhaust Fan, Microwave, Refrigerator
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Fixture Exception Description: Vivint Security System, washer and dryer
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Tile, Prefinished Wood
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Drop Zone, Garden Tub, Kitchen Island, Open Floorplan, Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 876
  • Total Sq Ft: 1752

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Outdoor Pool, Picnic Area, Playground, Pond, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 153.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Poplin
  • Middle School: Porter Ridge
  • High School: Porter Ridge

Lot Info

  • Lot Dimension: 30X159X30X159
  • Lot Features: Level
  • Lot Size Area: 0.110
  • Parcel Number: 07021422
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 192000.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 23, 2020
Sold by
Baker Kevin W and Capps Katie M
Bought by
White Hunter Jason
Seller's Agent
Jennifer Ledford
EXP Realty LLC Ballantyne
Buyer's Agent
Lori Lee
Southcreek Inc
List Price
$264,900
Sold Price
$261,500
Premium/Discount to List
-$3,400
-1.28%
Current Estimated Value
$389,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,647
Avg. Annual Appreciation
8.40%
Original Mortgage
$253,655
Outstanding Balance
$225,717
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$163,430

Purchase Details

Closed on
Oct 28, 2009
Sold by
Bonterra Builders Llc
Bought by
Baker Kevin W and Capps Katie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2009
Sold by
Bonterra Village Llc
Bought by
Bonterra Builders Llc
Source: Public Records

Range of Values:

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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
White Hunter Jason $261,500 Carolina Title Company Inc
Baker Kevin W $175,000 None Available
Bonterra Builders Llc $37,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Hunter Jason $253,655
Previous Owner Baker Kevin W $171,830
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2020 11/23/20 Sold $261,500 -1.3% $149 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $264,900 0.0% $151 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $264,900 -1.9% $151 / Sq Ft
10/01/2020 10/01/20 For Sale $269,900 -- $154 / 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 $2,145 $253,800 $53,000 $200,800
2023 $2,127 $253,800 $53,000 $200,800
2022 $2,127 $253,800 $53,000 $200,800
2021 $2,127 $253,800 $53,000 $200,800
2020 $1,497 $192,000 $40,000 $152,000
2019 $1,905 $192,000 $40,000 $152,000
2018 $0 $192,000 $40,000 $152,000
2017 $2,004 $192,000 $40,000 $152,000
2016 $1,962 $192,000 $40,000 $152,000
2015 $1,589 $192,000 $40,000 $152,000
2014 $1,393 $195,070 $42,000 $153,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3667078

Canopy MLS (Canopy Realtor® Association)

APN: 07-021-422