NOT LISTED FOR SALE

116 Silver Falls Dr Troutman, NC 28166

Estimated Value: $1,171,000 - $2,058,000

4 Beds
4.5 Baths
4,626 Sq Ft
$378/Sq Ft Est. Value

Last Sold September 05, 2023

Last sale price $1,725,000 $373 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,433/month

Highlights

  • New Construction
  • Arts and Crafts Architecture
  • Corner Lot
  • Open Floorplan
  • Wood Flooring
  • Mud Room

About This Home

As of September 2023

*New Construction. Stunning custom home in sought after Falls Cove Parkwood. 4BR 4.5Bath. Large bonus room with wet bar and additional flex rooms. Office on main floor. 48” Wolf commercial gas cooktop with 1200cfm commercial range hood. 48” built in Fridge. 3 fireplaces including wood burning fireplace under covered patio. Spa like master bath with heated floors and 4 valve Moen talk/touch/app control smart shower. Instant hot water with recirculating line throughout home. Hallmark oak floors throughout living areas. 8’ solid core interior doors. Commercial epoxy garage floor. Quartzite and quartz counters. No expense spared on this home. Large private 1.5 acre lot. Minutes to I-77 and Lake Norman State Park.

Last Agent to Sell the Property

Robin Sams

Carolina Realty Solutions Brokerage Email: robin.hurd@crsmail.com License #221532 Listed on: 07/28/2023

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Corner Lot
  • Irrigation
  • Property is zoned RS

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Bar Fridge
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Storage
  • Laundry Room
  • Crawl Space

Kitchen

  • Walk-In Pantry
  • Built-In Self-Cleaning Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Private Sewer
  • Fiber Optics Available
  • Cable TV Available

Community Details

  • Csi Management Association, Phone Number (704) 897-1394
  • Built by ELG Investments
  • Falls Cove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4730-12-4303.000

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 372.89
  • Geocode Confidence: High
  • Attribution Contact: robin.hurd@crsmail.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Cable Prewire, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2728
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1898
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Double Oven, Exhaust Fan, Exhaust Hood, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Wine Refrigerator
  • Above Grade Finished Sq Ft: 4626
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Gas Unvented, Gas Vented
  • Living Area: 4626
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes
  • Roof: Shingle, Metal
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Private Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Heat Pump, Zoned
  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Gas, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: CSI Management
  • Phone: 704-897-1394
  • ResoAssociationFeeFrequency: Annually
  • Association Email: beth@csicommunities.com

Association/Amenities

  • Association Annual Expense: 850.00

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Parcel Number: 4730-12-4303.000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RS

Building Info

  • Builder Name: ELG Investments

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 29, 2023
Sold by
Elg Investments Llc
Bought by
Bradshaw Kevin Michael and Bradshaw Lupe Mora
Seller's Agent
Robin Sams
Carolina Realty Solutions
Buyer's Agent
Non Member
Canopy Administration
List Price
$1,725,000
Sold Price
$1,725,000
Views
5
Current Estimated Value
$1,747,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,891
Avg. Annual Appreciation
0.55%
Original Mortgage
$1,105,000
Outstanding Balance
$1,077,496
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$670,395

Purchase Details

Closed on
May 24, 2013
Sold by
Falls Cove Development Llc
Bought by
Elg Investments Llc
Source: Public Records
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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
Bradshaw Kevin Michael -- None Listed On Document
Bradshaw Kevin Michael $1,725,000 None Listed On Document
Elg Investments Llc $286,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradshaw Kevin Michael $1,105,000
Closed Bradshaw Kevin Michael $1,105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $1,725,000 0.0% $373 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $1,725,000 -- $373 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $13,036 $1,179,680 $140,000 $1,039,680
2024 $13,036 $1,682,480 $140,000 $1,542,480
2023 $18,567 $140,000 $140,000 $0
2022 $579 $50,000 $50,000 $0
2021 $574 $50,000 $50,000 $0
2020 $574 $50,000 $50,000 $0
2019 $561 $50,000 $50,000 $0
2018 $251 $22,500 $22,500 $0
2017 $251 $22,500 $22,500 $0
2016 $251 $22,500 $22,500 $0
2015 $240 $22,500 $22,500 $0
2014 $312 $30,600 $30,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4054258

Canopy MLS (Canopy Realtor® Association)

APN: 4730-12-4303.000