NOT LISTED FOR SALE

11718 Red Rust Ln Unit Lot 23 Charlotte, NC 28277

Providence Neighborhood

Estimated Value: $432,679 - $517,000

2 Beds
2.5 Baths
1,429 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $307,204 $215 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,958/month

27 Days on Market

Highlights

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

About This Home

As of May 2020

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

Diane Pavone

CCNC Realty Group LLC Brokerage Email: diane.pavone@lennar.com License #286683 Listed on: 11/05/2019

Co-Listed By

Justin Bratton

Lennar Sales Corp Brokerage Email: diane.pavone@lennar.com License #294745

Last Buyer's Agent

Jill Leonard

COMPASS License #253053

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,003

Year Built

  • Built in 2019 | New Construction

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 22917164

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,003

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$155 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Arts and Crafts
  • Year Built: 2019
  • Proposed Completion Date: 2020-05-29
  • Road Surface Type: Concrete
  • Unit Levels: Three
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 214.98
  • Attribution Contact: diane.pavone@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: 22917164
  • Zoning: RES
  • 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

Listed on
Nov 5, 2019
Closed on
May 22, 2020
Sold by
Calatlantic Group Inc
Bought by
Oates Deaundra
Seller's Agent
Diane Pavone
CCNC Realty Group LLC
Buyer's Agent
Jill Leonard
COMPASS
List Price
$303,765
Sold Price
$307,204
Premium/Discount to List
$3,439
1.13%
Current Estimated Value
$462,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,966
Avg. Annual Appreciation
7.80%
Original Mortgage
$261,123
Outstanding Balance
$234,406
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$217,824
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
Oates Deaundra $304,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oates Deaundra $261,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $307,204 +0.1% $215 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/30/2019 11/30/19 Price Changed $306,765 +1.0% $215 / Sq Ft
11/09/2019 11/09/19 For Sale $303,765 0.0% $213 / Sq Ft
11/09/2019 11/09/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $303,765 -- $213 / 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 $3,003 $403,400 $125,000 $278,400
2022 $2,672 $272,800 $85,000 $187,800
2021 $2,672 $272,800 $85,000 $187,800
2020 $820 $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: 3566422

Canopy MLS (Canopy Realtor® Association)

APN: 229-171-64