NOT LISTED FOR SALE

Estimated Value: $439,000 - $467,000

2 Beds
2.5 Baths
1,484 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $390,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,805/month

80 Days on Market

Highlights

  • 1 Car Detached Garage
  • Entrance Foyer
  • ENERGY STAR Qualified Dryer
  • Ardrey Kell High Rated A+
  • Four Sided Brick Exterior Elevation

About This Home

As of May 2023

An extremely beautiful home ready for new owners loaded with multiple upgrades. This is a full brick townhouse located in walking distance to Rea Farms, Waverly shopping, and has one of the best possible school district. This makes it an easy walk to restaurants, gym, and shopping. There is impressive Shiplap work done at multiple levels within this beautiful house on various walls. A decorative fireplace in living room, island in kitchen, and light dimmers makes the house absolutely stunning. There are hardwood floors in multiple areas. Bedroom at different levels gives privacy and loft area on 2nd floor could very well be used as an office also. Don't forget to check out epoxy flooring in 1 car detached garage, next to storage unit.

Last Agent to Sell the Property

Rajan Nanda

Carolina Construction and Realtors Inc. License #285093 Listed on: 02/02/2023

Last Buyer's Agent

Luz Bodero

EXP Realty LLC Mooresville License #330127

EXP Realty LLC Mooresville

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2019

Lot Details

  • 1,437

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Property Attached
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Entrance Foyer

Kitchen

  • Gas Cooktop
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • ENERGY STAR Qualified Washer

Schools

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

Utilities

  • Electric Water Heater

Community Details

  • Cams Association, Phone Number (877) 672-2267
  • Rea Farms Condos
  • Rea Farms Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 229-174-46

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 2019

Lot Details

0

HOA Fees

$155 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2019
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 262.80
  • Special Features: None

Interior Features

  • Foundation Details: Other - See Remarks
  • Entry Level: 3
  • Interior Amenities: Entrance Foyer
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 590
  • Third Level Sq Ft: 318
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 234
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 234
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 576
  • Appliances: Disposal, Electric Water Heater, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, Gas Cooktop
  • Above Grade Finished Sq Ft: 1484
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Living Area: 1484
  • Room Count: 10
  • Bedroom Third: 1

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Garage

Utilities

  • Heating: ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 155
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Rea Farms
  • Senior Community: No
  • Association Name: CAMS
  • Phone: 877-672-2267
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly
  • Association Email: dbrock@camsmgt.com

Association/Amenities

  • Association Annual Expense: 1860.00

Schools

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

Lot Info

  • Parcel Number: 229-174-46
  • Land Included Yn: 1
  • Zoning Specification: MX-1

Green Features

  • Green Verification Count: 0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
May 19, 2023
Sold by
Jain Padmasudha Kallakolathur Ravi and Jain Aji
Bought by
Tolomeo Dylan L and Tolomeo Edson A
Seller's Agent
Rajan Nanda
Carolina Construction and Realtors Inc.
Buyer's Agent
Luz Bodero
EXP Realty LLC Mooresville
List Price
$419,900
Sold Price
$390,000
Premium/Discount to List
-$29,900
-7.12%
Total Days on Market
80
Views
147
Current Estimated Value
$450,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,727
Avg. Annual Appreciation
7.28%
Original Mortgage
$331,500
Outstanding Balance
$324,228
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$126,499

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 22, 2021
Sold by
Dillon Andrew T
Bought by
Jain Padmasudha Kallakolathur Ravi and Babu Ajithprasad
Seller's Agent
Marlyn Jamison
Allen Tate SouthPark
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$405,000
Sold Price
$379,000
Premium/Discount to List
-$26,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$273,000
Interest Rate
2.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2019
Sold by
Calatlantic Group Inc
Bought by
Dillon Andrew T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,449
Interest Rate
3.6%
Mortgage Type
New Conventional
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
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
05/19/2023 05/19/23 Sold $390,000 -2.5% $263 / Sq Ft
03/19/2023 03/19/23 Price Changed $399,900 -2.4% $269 / Sq Ft
03/05/2023 03/05/23 Price Changed $409,900 -2.4% $276 / Sq Ft
02/02/2023 02/02/23 For Sale $419,900 +10.8% $283 / Sq Ft
12/22/2021 12/22/21 Sold $379,000 -1.6% $255 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $385,000 -2.5% $259 / Sq Ft
10/28/2021 10/28/21 Price Changed $395,000 -2.5% $266 / Sq Ft
10/14/2021 10/14/21 For Sale $405,000 -- $273 / 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
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

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3940350

Canopy MLS (Canopy Realtor® Association)

APN: 229-174-46