NOT LISTED FOR SALE

111 Equestrian Chase Rougemont, NC 27572

Estimated Value: $503,000 - $677,000

4 Beds
3 Baths
3,294 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $550,000 $167 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,461/month

70 Days on Market

Highlights

  • Horses Allowed On Property
  • Home Theater
  • Clubhouse
  • Mangum Elementary School Rated 9+
  • 2.82 Acre Lot
  • Deck

About This Home

As of February 2024

This modern smart home is a sanctuary of technology with smart features, top of the line appliances in an updated kitchen, in floor radiant heating system, smart thermostats and lights that support integration with Alexa, Google home, Apple HomeKit, whole house zoned audio, professional weather station equipment, and smart garage doors. Relax with a book and natural light in the living room or sunroom while admiring your wooded privacy. It also houses spacious rooms, large primary walk in closet with laundry room, luxurious primary bathroom with two-person tub, walk in shower with top and side water jets, and a hidden closet. Enjoy gathering time in the home theatre room with tons of shelving. Car enthusiasts can enjoy a five stall garage with heated concrete floors, 220 electrical outlets for shop equipment and plenty of room for your boat. Red Mountain also features a community pool, clubhouse, and other HOA amenities. You may bring your horses as well to the community HOA barn (separate HOA fees apply).

Last Agent to Sell the Property

Todd Lewis

Long & Foster Real Estate INC/Wake Forest License #309623 Listed on: 11/15/2023

Long & Foster Real Estate INC/Wake Forest

Last Buyer's Agent

Chrysti Peek

EXP Realty LLC License #303843

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,218

Year Built

  • Built in 1994

Lot Details

  • 2.82 Acre Lot
  • Lot Dimensions are 217 x 390 x 285 x 463
  • Cleared Lot

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Cedar

Interior Spaces

  • 3,294 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Theater
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Crawl Space

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Smart Lights or Controls

Schools

  • Mangum Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Radiant Heating System
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Horses Allowed On Property

Community Details

Overview

  • Association fees include insurance
  • Red Mountain HOA
  • Red Mountain Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,218

Year Built

Built in 1994

Lot Details

0

HOA Fees

$61 per month

Parking

5

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Horses: Yes
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Red Mountain Estates
  • Above Grade Finished Sq Ft: 3294.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1769.0
  • General Property Information Total Unfinished Area2: 1769.0
  • General Property Information Lot Size Dimensions: 217 x 390 x 285 x 463
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Sunroom: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Security Features Security System: Yes
  • Architectural Style Contemporary: Yes
  • Flooring Bamboo: Yes
  • Foundation Details BrickMortar: Yes
  • Water Source Community Water: Yes
  • Room Types Media Room: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 3294.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 122839.2
  • General Property Information Lot Size Acres: 2.82
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo, Carpet, Tile
  • Interior Amenities: Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Kitchen/Dining Room Combination, Smart Light(s), Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 2.82
  • Construction Type: Brick, Cedar
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Cedar: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front, Parking Pad, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 5.0

Utilities

  • Heating: Propane, Radiant
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes
  • Heating:Radiant: Yes

Condo/Co-op/Association

  • Association Fee: 61.0
  • Association Fee Frequency: Monthly
  • Association Name: Red Mountain HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Red Mountain HOA
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 61.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: 217 x 390 x 285 x 463
  • Lot Size Sq Ft: 122839.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3218.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Mangum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 27, 2024
Sold by
Waltermann Lisa J and Waltermann Rod D
Bought by
Leaf-Prince Patricia and Prince John Stuart
Seller's Agent
Todd Lewis
Long & Foster Real Estate INC/Wake Forest
Buyer's Agent
Chrysti Peek
EXP Realty LLC
List Price
$554,000
Sold Price
$550,000
Premium/Discount to List
-$4,000
-0.72%
Views
149
Current Estimated Value
$585,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,456
Avg. Annual Appreciation
3.98%
Original Mortgage
$540,038
Outstanding Balance
$531,056
Interest Rate
6.63%
Mortgage Type
FHA
Estimated Equity
$54,400
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
Leaf-Prince Patricia $550,000 Key Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leaf-Prince Patricia $540,038
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $550,000 -0.7% $167 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $554,000 0.0% $168 / Sq Ft
01/03/2024 01/03/24 For Sale $554,000 -3.5% $168 / Sq Ft
12/16/2023 12/16/23 Off Market $574,000 -- --
11/15/2023 11/15/23 For Sale $574,000 -- $174 / Sq Ft
Source: Doorify MLS

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
2025 $3,410 $564,675 $79,120 $485,555
2024 $3,410 $343,202 $40,578 $302,624
2023 $3,218 $343,202 $40,578 $302,624
2022 $3,078 $343,202 $40,578 $302,624
2021 $2,817 $343,202 $40,578 $302,624
2020 $2,783 $343,202 $40,578 $302,624
2019 $2,783 $343,202 $40,578 $302,624
2018 $3,052 $348,176 $53,494 $294,682
2017 $3,017 $348,176 $53,494 $294,682
2016 $2,922 $348,176 $53,494 $294,682
2015 $3,211 $344,518 $65,857 $278,661
2014 $3,211 $344,518 $65,857 $278,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2542093

Doorify MLS

APN: 190810