NOT LISTED FOR SALE

1045 Fallbrook Ln Lewisville, NC 27023

Estimated Value: $692,650 - $751,000

4 Beds
4 Baths
4,100 Sq Ft
$174/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2022

Last sale price $650,000 $159 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,168 / mo

2 Days on Market

Highlights

  • Pool
  • Vaulted Ceiling
  • Wood Flooring
  • Meadowlark Elementary School Rated A-
  • Georgian Architecture
  • Solid Surface Countertops

About This Home

As of November 2022

Wow! Immaculate home in popular Arbor Run! This 2-story brick home has been beautifully updated and boasts a large sunroom and finished basement. Features Include: Granite Counters; Tile backsplash; SS Appliances; Kitchen Island; Recessed Light; Crown Moulding; Louvered Shutters; Hardwood Floors; Built-In Book Cases; Soaker Tub; Trey Ceiling; and More! Located minutes to US421, Forsyth Country Day School; Downtown Lewisville, and multiple parks; Fantastic neighborhood pool, tennis courts and playground. Schedule your appointment today!

Last Agent to Sell the Property

Blake Ginther

Keller Williams Realty Elite License #268304 Listed on: 11/04/2022

Keller Williams Realty Elite

Co-Listed By

Ty Keating

Keller Williams Realty Elite License #287087

Last Buyer's Agent

Peter Milner

Premier Agents Network License #288788

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 1994

Lot Details

  • 16,553 Sq Ft Lot
  • Fenced
  • Level Lot
  • Property is zoned RS9

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Cement Siding

Interior Spaces

  • 3,877 Sq Ft Home
  • 3,400-4,100 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Arched Doorways
  • Insulated Doors
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Partially Finished Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Security Lights
  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block LO147 / BL4426J
  • Assessor Parcel Number 5885832279
  • 1% Total Tax Rate

Community Details

Overview

  • Arbor Run Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 1994

Lot Details

0.38 Acres

HOA Fees

$46 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Co List Office Mls Id: WKWRE01
  • Co List Office Phone: 336-283-8691
  • Subdivision Name: Arbor Run
  • Directions: 421 N, exit Lewisville-Clemmons, straight across, R- Arbor Run, R- Ridge Gate, R- Fallbrook.
  • Above Grade Finished Sq Ft: 3877
  • Architectural Style: Georgian
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1994
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 700
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3400 - 4100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Arched Doorways, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Central Vacuum, Vaulted Ceiling(s)
  • Other Equipment: Sump Pump
  • Has Basement: Partially Finished, Basement, Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 3877
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced
  • Lot Features: Level, Subdivided, Sloped
  • Pool Features: Community
  • Exclusions: Fridge, Hot Tub
  • Construction Type: Brick, Cement Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: Yes
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached, Basement
  • Garage Description: Attached Garage, Basement Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas
  • Energy Features: Insulated Doors, Insulated Windows, Storm Doors

Condo/Co-op/Association

  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 5885832279
  • Zoning: RS9
  • TRIADMLS_PlatPage: 116
  • TRIADMLS_PlatBook: 36
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 3836
  • Tax Block: BL4426J
  • Tax Lot: LO147
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.9437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 30, 2022
Sold by
Ivester Joshua Lee and Ivester Amy Field
Bought by
Bradley Jody and Bradley Nicholas
Seller's Agent
Blake Ginther
Keller Williams Realty Elite
Buyer's Agent
Peter Milner
Premier Agents Network
List Price
$635,000
Sold Price
$650,000
Premium/Discount to List
$15,000
2.36%
Views
19
Current Estimated Value
$712,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,663
Avg. Annual Appreciation
2.76%
Original Mortgage
$420,000
Outstanding Balance
$401,608
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$311,055

Purchase Details

Closed on
May 20, 2016
Sold by
Palermo James Russell
Bought by
Ivester Joshua Lee and Ivester Amy Field

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2014
Sold by
Palermo James A and Palermo Adelaide S
Bought by
Palermo James R

Purchase Details

Closed on
Jul 17, 2002
Sold by
Wallace Bruce D and Patton Md Suzanne E
Bought by
Palermo James A and Palermo Adelaide S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,200
Interest Rate
5.62%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Mcgee Sandra C
Bought by
Wallace Bruce D and Patton Md Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.38%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Bradley Jody $650,000 Chicago Title
Ivester Joshua Lee $358,000 None Available
Palermo James R -- None Available
Palermo James A $1,000 --
Wallace Bruce D $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradley Jody $420,000
Previous Owner Ivester Joshua Lee $286,400
Previous Owner Palermo James A $330,200
Previous Owner Wallace Bruce D $50,000
Previous Owner Wallace Bruce D $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2022 11/30/22 Sold $650,000 +2.4% $191 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $635,000 -- $187 / Sq Ft
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 $4,127 $589,300 $50,000 $539,300
2024 $3,939 $417,400 $50,000 $367,400
2023 $3,939 -- -- --
2022 $3,836 $406,500 $50,000 $356,500
2021 $3,816 $406,500 $50,000 $356,500
2020 $3,812 $378,200 $45,000 $333,200
2019 $3,849 $378,200 $45,000 $333,200
2018 $3,722 $378,200 $45,000 $333,200
2016 $3,680 $372,548 $71,500 $301,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1088729

Triad MLS

APN: 5885-83-2279

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