NOT LISTED FOR SALE

1100 Phar Lap Dr Indian Trail, NC 28079

Estimated Value: $485,537 - $524,000

5 Beds
3 Baths
2,616 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 14, 2017

Last sale price $285,000 $109 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,111/month

Highlights

  • Equestrian Center
  • Fitness Center
  • Clubhouse
  • Poplin Elementary School Rated A
  • Open Floorplan
  • Arts and Crafts Architecture

About This Home

As of July 2017

Gorgeous former model Craftsman style home in the patio section of desirable Bonterra. Open floor plan with master suite on main. There are three bedrooms and two full baths on the main level and upstairs offers two additional bedrooms and a full bath. Chef's dream kitchen with stainless appliances, upgraded cabinets and custom pullouts. Hardwoods throughout main living area and tiled sunroom leading to patio. Rear entry two car garage and long covered front porch. Lawn care included.

Last Agent to Sell the Property

Caroline Grossman

Allen Tate Charlotte South License #287359 Listed on: 05/31/2017

Allen Tate Charlotte South

Last Buyer's Agent

Karen Anderson

NextHome Paramount License #153155

NextHome Paramount

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Horse Facilities and Amenities

  • Equestrian Center

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-021-534
  • Tax Block 580

Community Details

Overview

  • Cusick Association
  • Built by Bonterra

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.01968
  • Ratio Close Price By Original Li: 1.01968
  • Ratio Current Price By Acre: 1425000.00
  • Ratio Current Price By Sq Ft: 108.94
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 549
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Electric, Cooktop Gas, Dishwasher, Electric Dryer Hookup, Ice Maker Connection, Microwave, Natural Gas, Oven, Security System, Self Cleaning Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • Interior Amenities: Breakfast Bar, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2067
  • Total Sq Ft: 2616
  • Sq Ft Unheated Main: 439
  • Sq Ft Unheated Total: 439

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Wired Internet Available

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Back Load Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Equestrian Facilities, Fitness Center, Playground, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 162.50
  • Association Fee Frequency: Monthly
  • HOA Management Company: Cusick
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.200
  • Parcel Number: 07-021-534
  • Plat Reference Section Pages: 037
  • Zoning: Residential
  • Zoning Specification: AP6

Building Info

  • Builder Name: Bonterra

Tax Info

  • Tax Value: 230300.00
  • Tax Block: 580
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 14, 2017
Sold by
Terkel Arnold Ray and Terkel Amy
Bought by
Pitner William Russell and Pitner Joyce Ann
Seller's Agent
Caroline Grossman
Allen Tate Charlotte South
Buyer's Agent
Karen Anderson
NextHome Paramount
List Price
$279,500
Sold Price
$285,000
Premium/Discount to List
$5,500
1.97%
Current Estimated Value
$503,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,384
Avg. Annual Appreciation
7.02%
Original Mortgage
$90,000
Outstanding Balance
$75,772
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$419,686

Purchase Details

Closed on
Jul 3, 2008
Sold by
Bonterra Builders Llc
Bought by
Terkel Arnold Ray and Terkel Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
5.96%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Pitner William Russell $285,000 None Available
Terkel Arnold Ray $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitner William Russell $90,000
Previous Owner Terkel Arnold Ray $167,600
Previous Owner Terkel Arnold Ray $167,813
Previous Owner Terkel Arnold Ray $169,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2017 07/14/17 Sold $285,000 +2.0% $109 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $279,500 -- $107 / 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 $2,531 $300,600 $53,000 $247,600
2023 $2,509 $300,600 $53,000 $247,600
2022 $2,509 $300,600 $53,000 $247,600
2021 $2,509 $300,600 $53,000 $247,600
2020 $1,795 $230,300 $40,000 $190,300
2019 $2,275 $230,300 $40,000 $190,300
2018 $1,796 $230,300 $40,000 $190,300
2017 $2,394 $230,300 $40,000 $190,300
2016 $1,877 $230,300 $40,000 $190,300
2015 $1,906 $230,300 $40,000 $190,300
2014 $1,765 $247,040 $42,000 $205,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3286233

Canopy MLS (Canopy Realtor® Association)

APN: 07-021-534