NOT LISTED FOR SALE

11673 Red Rust Ln Unit Lot 149 Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $640,742 - $667,000

3 Beds
3.5 Baths
2,272 Sq Ft
$286/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $397,030 $175 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,941/month

61 Days on Market

Highlights

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

About This Home

As of February 2020

You don't want to miss South Charlotte's premier community!! Now selling our highly anticipated Metro Town homes These 3 story town homes 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 dual masters 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: 05/20/2019

Lennar Sales Corp

Co-Listed By

Lee Anne Barbrey

Lennar Sales Corp Brokerage Email: justin.bratton@lennar.com License #249249

Last Buyer's Agent

Bill Cotton

Tiara Homes LLC License #283323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,297

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
  • Entry on the 1st floor
  • 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

  • 3 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 Lot 149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,297

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: 2019-11-29
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.75
  • 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: 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: 3
  • Entry Location: Main
  • Living Area: 2272
  • Bedroom Main: 1
  • Room Count: 9
  • Bedroom Third: 3

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • 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: Lot 149
  • 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

Listed on
May 20, 2019
Closed on
Feb 27, 2020
Sold by
Calatlantic Group Inc
Bought by
Belongea Jamie
Seller's Agent
Justin Bratton
Lennar Sales Corp
Buyer's Agent
Bill Cotton
Tiara Homes LLC
List Price
$375,589
Sold Price
$397,030
Premium/Discount to List
$21,441
5.71%
Current Estimated Value
$649,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,156
Avg. Annual Appreciation
9.23%
Original Mortgage
$317,624
Outstanding Balance
$277,832
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$371,354
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
Belongea Jamie $398,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belongea Jamie $317,624
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $397,030 -1.1% $175 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
06/24/2019 06/24/19 Price Changed $401,345 +1.1% $177 / Sq Ft
06/10/2019 06/10/19 Price Changed $396,945 -4.2% $175 / Sq Ft
05/21/2019 05/21/19 Price Changed $414,490 +7.1% $182 / Sq Ft
05/20/2019 05/20/19 Price Changed $387,139 +3.1% $170 / Sq Ft
05/20/2019 05/20/19 For Sale $375,589 -- $165 / 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
2025 $4,297 $561,000 $155,000 $406,000
2024 $4,297 $561,000 $155,000 $406,000
2023 $4,159 $561,000 $155,000 $406,000
2022 $3,437 $352,100 $85,000 $267,100
2021 $3,437 $352,100 $85,000 $267,100
2020 $2,269 $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: 3509398

Canopy MLS (Canopy Realtor® Association)

APN: 229-172-75