NOT LISTED FOR SALE

11614 Red Rust Ln Unit Lot 38 Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $443,495 - $463,000

2 Beds
2.5 Baths
1,429 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $290,999 $204 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,872/month

8 Days on Market

Highlights

  • Newly Remodeled
  • Arts and Crafts Architecture
  • Detached Garage
  • Ardrey Kell High Rated A+
  • Wood Flooring
  • Patio

About This Home

As of November 2019

You don't want to miss South Charlotte's premier community!! Introducing our popular Village (all brick) Townhomes. The Dalton features 3 floors of outstanding living space. This gorgeous three story offers a spacious 2 bedrooms and two and a half bathrooms! The main level's open concept includes stunning kitchen, dining room, and great room. For those needing extra storage space, this plan also comes with a storage room off the patio. These are full brick town homes with a 1-car detached garage. Walk to the hottest area in town, Rea Farms Village featuring shops and restaurants. For more details please visit the Welcome Home Center at Rea Farms to view floor plans and options.

Last Agent to Sell the Property

Justin Bratton

Lennar Sales Corp Brokerage Email: justin.bratton@lennar.com License #294745 Listed on: 10/13/2019

Lennar Sales Corp

Co-Listed By

Diane Pavone

CCNC Realty Group LLC Brokerage Email: justin.bratton@lennar.com License #286683

Last Buyer's Agent

Marlyn Jamison

Allen Tate SouthPark License #167723

Allen Tate SouthPark

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,202

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 1,524

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

  • Arts and Crafts Architecture
  • Property Attached
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Polo Ridge Elementary School
  • J.M. Robinson Middle School
  • Ardrey Kell High School

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • 1,524 Sq Ft Lot

Community Details

  • Rea Farms Condos
  • Rea Farms Subdivision, Dalton Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number Lot 38

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,202

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2018
  • Proposed Completion Date: 2019-12-31
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 203.64
  • Attribution Contact: justin.bratton@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 573
  • Third Level Sq Ft: 294
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 94
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 94
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 562
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
  • Above Grade Finished Sq Ft: 1429
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 1429
  • Room Count: 8
  • Bedroom Third: 1

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Association Fee: 155
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Rea Farms
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: J.M. Robinson
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.035
  • Lot Size Units: Acres
  • Parcel Number: Lot 38
  • Land Included Yn: 1
  • Development Status: Proposed
  • Lot Size Acres: 0.035
  • Lot Size Sq Ft: 1524
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 2

MLS Schools

  • Elementary School: Polo Ridge
  • High School: Ardrey Kell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Jain Padmasudha Kallakolathur Ravi and Jain Aji
Bought by
Tolomeo Dylan L and Tolomeo Edson A
Current Estimated Value
$449,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Outstanding Balance
$322,456
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$127,168

Purchase Details

Closed on
Dec 22, 2021
Sold by
Dillon Andrew T
Bought by
Jain Padmasudha Kallakolathur Ravi and Babu Ajithprasad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
2.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2019
Closed on
Nov 26, 2019
Sold by
Calatlantic Group Inc
Bought by
Dillon Andrew T
Seller's Agent
Justin Bratton
Lennar Sales Corp
Buyer's Agent
Marlyn Jamison
Allen Tate SouthPark
List Price
$290,999
Sold Price
$290,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Original Mortgage
$276,449
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tolomeo Dylan L $390,000 None Listed On Document
Jain Padmasudha Kallakolathur Ravi $379,000 None Available
Dillon Andrew T $291,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolomeo Dylan L $331,500
Previous Owner Jain Padmasudha Kallakolathur Ravi $273,000
Previous Owner Dillon Andrew Timothy $277,500
Previous Owner Dillon Andrew T $276,449
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2019 11/26/19 Sold $290,999 0.0% $204 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/13/2019 10/13/19 For Sale $290,999 -- $204 / 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 $3,202 $416,400 $125,000 $291,400
2023 $3,099 $416,400 $125,000 $291,400
2022 $2,757 $281,600 $85,000 $196,600
2021 $2,757 $281,600 $85,000 $196,600
2020 $2,825 $85,000 $85,000 $0
2019 $820 $85,000 $85,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3557229

Canopy MLS (Canopy Realtor® Association)

APN: 229-174-46