NOT LISTED FOR SALE

11637 Red Rust Ln Unit Lot 157 Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $610,371 - $650,000

4 Beds
3.5 Baths
2,272 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 30, 2019

Last sale price $398,668 $175 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,006/month

3 Days on Market

Highlights

  • Under Construction
  • Deck
  • Wood Flooring
  • Ardrey Kell High Rated A+
  • Arts and Crafts Architecture
  • Lawn

About This Home

As of December 2019

You don't want to miss South Charlotte's premier community!! Now selling our highly anticipated Metro Townhomes These 3 story townhomes are all brick and features all of our exceptional features included. This gorgeous three story offers a spacious guest suite on the main floor with full bath and three bedrooms on the third level. The 2nd level features a stunning kitchen, dining room, and great room. 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: 09/15/2019

Lennar Sales Corp

Co-Listed By

Bill Cotton

Tiara Homes LLC Brokerage Email: justin.bratton@lennar.com License #283323

Last Buyer's Agent

Non Member

Canopy Administration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,923

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 3,049 Sq Ft Lot
  • Lawn

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car 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

  • Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Rea Farms Condos
  • Built by Lennar
  • Rea Farms Subdivision, Chelsea Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 22917267

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,923

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2019
  • Proposed Completion Date: 2019-12-31
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 175.47
  • Attribution Contact: justin.bratton@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 3
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 415
  • Third Level Sq Ft: 1012
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 539
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 539
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 845
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Oven
  • Above Grade Finished Sq Ft: 2272
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Main
  • Living Area: 2272
  • Bedroom Main: 1
  • Room Count: 9
  • Bedroom Third: 3

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, 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
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Area: 0.07
  • Lot Size Units: Acres
  • Parcel Number: 22917267
  • Land Included Yn: 1
  • Development Status: Under Construction
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 2

Building Info

  • Builder Name: Lennar

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Tyson Christa
Bought by
Lane Boraski C and Lane Shannon E
Total Days on Market
3
Current Estimated Value
$630,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,100
Outstanding Balance
$447,052
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$183,041

Purchase Details

Listed on
Sep 15, 2019
Closed on
Dec 30, 2019
Sold by
Calatlantic Group Inc
Bought by
Tyson Christa
Seller's Agent
Justin Bratton
Lennar Sales Corp
Buyer's Agent
Non Member
Canopy Administration
List Price
$396,168
Sold Price
$398,668
Premium/Discount to List
$2,500
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$390,000
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Lane Boraski C $509,000 --
Tyson Christa $397,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Boraski C $458,100
Previous Owner Tyson Christa $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $398,668 +0.6% $175 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
09/15/2019 09/15/19 For Sale $396,168 -- $174 / 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 $3,923 $528,800 $125,000 $403,800
2022 $3,383 $350,600 $85,000 $265,600
2021 $3,383 $350,600 $85,000 $265,600
2020 $820 $85,000 $85,000 $0
2019 $820 $85,000 $85,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3550394

Canopy MLS (Canopy Realtor® Association)

APN: 229-172-67