Seller's Agent in 2022
Sisir Penugonda
Motive Vision Realty
(704) 724-2312
122 Total Sales
1076 Lake Forest Dr Unit 55 Weddington, NC 28104
Estimated Value: $1,181,000 - $1,285,000
5
Beds
5
Baths
5,182
Sq Ft
$235/Sq Ft
Est. Value
Highlights
- Community Lake
- Clubhouse
- Wooded Lot
- Weddington Elementary School Rated A
- Deck
- Traditional Architecture
About This Home
As of October 2022Excellent Opportunity to own a home in highly sought after community of Lake Forest Preserve.
This beautiful, well maintained Home in One of the biggest lots in the community has everything one can ask for from Custom cabinetry in Office Room, spacious kitchen, bedroom in first floor, spacious Master bedroom & bath in Upper level & a premium finished basement (awaiting final inspection by County). Basement has a complete kitchen set up (with huge refrigerator, microwave, oven), entertainment zone.
Pool table & premium speaker system in theater room (can be negotiated with an acceptable offer).
There is green cover behind the home & is very private.
Community has excellent amenities like Club House, Lake, Playground, Pool, Recreation Area, Tennis/Basket ball Courts, walking trails etc
Heated Living Area updated based on measurements. Measurements included in MLS attachments.
Last Agent to Sell the Property
Motive Vision Realty License #297551 Listed on: 08/23/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,773
Year Built
- Built in 2014
Lot Details
- Cul-De-Sac
- Irrigation
- Wooded Lot
HOA Fees
- $113 Monthly HOA Fees
Parking
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- Bar Fridge
- Ceiling Fan
- Family Room with Fireplace
- Pull Down Stairs to Attic
- Dryer
Kitchen
- Convection Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Schools
- Weddington Elementary And Middle School
- Weddington High School
Additional Features
- Deck
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 06-099-410
Community Details
Overview
- Cams Association, Phone Number (877) 672-2267
- Built by Orleans
- Lake Forest Preserve Subdivision
- Mandatory home owners association
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Recreation Facilities
- Community Playground
- Community Pool
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2022
Closed on
Oct 7, 2022
Sold by
Vedre Uday R and Vedre Shilpa R
Bought by
Sahoo Manas Kumar and Sahoo Lipsarani
Seller's Agent
Sisir Penugonda
Motive Vision Realty
Buyer's Agent
Sisir Penugonda
Motive Vision Realty
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Views
10
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
$236,570
Avg. Annual Appreciation
8.00%
Original Mortgage
$715,000
Outstanding Balance
$690,113
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$535,894
Purchase Details
Closed on
Sep 25, 2014
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Vedre Uday R and Vedre Shilpa R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 |
|---|---|---|---|
| Sahoo Manas Kumar | $980,000 | -- | |
| Vedre Uday R | $484,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sahoo Manas Kumar | $715,000 | |
| Previous Owner | Vedre Shilpa | $457,500 | |
| Previous Owner | Vedre Shilp R | $450,000 | |
| Previous Owner | Vedre Shilpa R | $843,900 | |
| Previous Owner | Vedre Uday R | $387,500 | |
| Closed | Sahoo Manas Kumar | $69,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2022 10/11/22 | Sold | $980,000 | -1.5% | $189 / Sq Ft |
| 08/23/2022 08/23/22 | For Sale | $995,000 | -- | $192 / 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 | $4,773 | $690,700 | $124,500 | $566,200 |
| 2023 | $4,372 | $690,700 | $124,500 | $566,200 |
| 2022 | $4,393 | $690,700 | $124,500 | $566,200 |
| 2021 | $4,393 | $690,700 | $124,500 | $566,200 |
| 2020 | $3,836 | $524,800 | $93,000 | $431,800 |
| 2019 | $4,109 | $524,800 | $93,000 | $431,800 |
| 2018 | $3,836 | $524,800 | $93,000 | $431,800 |
| 2017 | $4,099 | $524,800 | $93,000 | $431,800 |
| 2016 | $4,238 | $517,800 | $93,000 | $424,800 |
| 2015 | $4,021 | $517,800 | $93,000 | $424,800 |
| 2014 | -- | $100,000 | $100,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sisir Penugonda
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3896143
APN: 06-099-410
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