$443,112 - $518,000
RENTED FEB 20, 2025
3 Beds
2.5 Baths
1,351 Sq Ft
$356 Price per Sq Ft

Highlights

  • Open Floorplan
  • Wood Flooring
  • 1 Car Detached Garage
  • Ardrey Kell High Rated A+
  • Lawn
  • Rear Porch

About This Home

As of February 2025

Well-sought-after location and Top-rated Schools. Recently built Two-story Townhome with Large 3 bedrooms 2.5 bathrooms and detached garage. The first floor features an open floor plan, kitchen, entertaining area, and stainless-steel appliances refine the living area. Hardwood floors in the main living area and soft carpeting in bedrooms. One car detached garage, Smart home capable, and an Energy Efficient Rating. Landscaping Included. Located in the heart of Rea Farms and across from Waverly, giving the ultimate in lifestyle convenience. Within a short distance to a wide range of shopping, dining, and personal service retailers. Quick access to I-485 and Providence Road putting all of Charlotte at your fingertips. Come check out everything this home has to offer.

Last Agent to Rent the Property

Merrill Thierman

Verge Property Management LLC Brokerage Email: merrill@vergeclt.com License #316517 Listed on: 12/30/2024

Last Renter's Agent

Merrill Thierman

Verge Property Management LLC Brokerage Email: merrill@vergeclt.com License #316517 Listed on: 12/30/2024

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 2020

Lot Details

  • 5,663

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Rear Porch
  • Lawn

Listing and Financial Details

  • Security Deposit $2,650
  • Property Available on 12/30/24
  • Tenant pays for all utilities
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Rea Farms Subdivision

Pet Policy

  • Pet Deposit $300

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,006

Year Built

Built in 2020

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: All Utilities
  • Furnished: Unfurnished
  • Pets Allowed: Conditional
  • Smoking Allowed Yn: 0
  • Lease Term: 12 Months
  • Available Date: 2024-12-30
  • Pet Deposit: 300
  • Security Deposit: 2650
  • Application Fee: 85

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Year Built: 2020
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Ratio CurrentPrice/TotalPropertyHLA: 1.85
  • Geocode Confidence: High
  • Attribution Contact: merrill@vergeclt.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire, Open Floorplan, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 650
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 701
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Microwave, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1351
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1351
  • Bedroom Main: 0
  • Room Count: 10
  • Move In Fee: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • Roof: Shingle
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 222
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Jun 26, 2020
Sold by
Calatlantic Group Inc
Bought by
Mandalam Bhaskar Rao and Ponnam Nikhila
Seller's Agent
Merrill Thierman
Verge Property Management LLC
Buyer's Agent
Merrill Thierman
Verge Property Management LLC
Sold Price
$1,995
Current Estimated Value
$480,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,783
Original Mortgage
$253,175
Outstanding Balance
$185,697
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$295,081
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
Mandalam Bhaskar Rao $317,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandalam Bhaskar Rao $253,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Rented $2,500 -3.8% --
01/27/2025 01/27/25 Price Changed $2,599 -1.9% $2 / Sq Ft
12/30/2024 12/30/24 For Rent $2,650 +2.0% --
01/10/2023 01/10/23 Rented $2,599 0.0% --
12/26/2022 12/26/22 For Rent $2,599 +13.0% --
10/05/2021 10/05/21 Rented $2,299 0.0% --
09/16/2021 09/16/21 Price Changed $2,299 -2.2% $2 / Sq Ft
09/01/2021 09/01/21 For Rent $2,350 0.0% --
07/13/2021 07/13/21 Off Market $2,350 -- --
07/05/2021 07/05/21 For Rent $2,350 +17.8% --
07/20/2020 07/20/20 Rented $1,995 +1.0% --
07/09/2020 07/09/20 For Rent $1,975 -- --
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 $3,006 $390,500 $125,000 $265,500
2022 $2,584 $263,700 $85,000 $178,700
2021 $2,584 $263,700 $85,000 $178,700
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: 4209692

Canopy MLS (Canopy Realtor® Association)

APN: 229-171-56