NOT LISTED FOR SALE

11778 Red Bridge Rd Locust, NC 28097

Estimated Value: $274,000 - $325,000

2 Beds
2.5 Baths
1,484 Sq Ft
$205/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $269,000 $181 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,807/month

40 Days on Market

Highlights

  • Water Views
  • Four Sided Brick Exterior Elevation
  • Gas Log Fireplace
  • Bethel Elementary School Rated 9+
  • Central Air

About This Home

As of April 2023

Come home to relax in your spacious home overlooking the golf course and beautiful pond as you watch the sun set in the evening. As you enter the home, you’ll see the beautiful kitchen that extends into the living room with gas log fireplace and mantle where you can mount your flatscreen TV and watch your game. If you want to get involved in the game, just a short walk out of your door is the golf clubhouse where you can rent a cart and play one of the toughest courses in the area or you can tee up on the driving range and improve your skills before you go out on the course. Whatever the case, this is the place to be, close to work, close to shopping in a great city in Locust where you can find anything that you need for daily living. Also check out the primary bathroom totally remodeled with beautiful finishes. Plenty of storage here as well. Also AC replaced in 2020. Nothing to do here but relax, come and grab this one before it flies away.

Last Agent to Sell the Property

Matthew Myers

Realty One Group Revolution Brokerage Email: matthewmyersyourrealtor@gmail.com License #220910 Listed on: 02/18/2023

Realty One Group Revolution

Last Buyer's Agent

The Nest Real Estate

The Nest License #306531

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 2009

Lot Details

  • 2,614

Property Views

  • Water
  • City

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Insulated Doors
  • Linoleum Flooring
  • Dishwasher
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Bethel Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • The Villages At Red Bridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5565-42-8577-0000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,488

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2009
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Assessment Description: none
  • Road Surface Type: Asphalt, Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 181.27
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: matthewmyersyourrealtor@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Flooring: Linoleum
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 742
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 230
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 230
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 742
  • Appliances: Dishwasher, Gas Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1484
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log
  • Living Area: 1484
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • View: City, Water
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Parking Space(s)

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Gas, Phone Connected
  • Water Source: City

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: None

Lot Info

  • Parcel Number: 5565-42-8577-0000
  • Zoning: OPS
  • Land Included Yn: 1
  • Zoning Specification: OPS

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Bethel
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Apr 28, 2023
Sold by
Brown Kelvin M and Brown Vernell L
Bought by
Scott Kim Lorenzo
Seller's Agent
Matthew Myers
Realty One Group Revolution
Buyer's Agent
The Nest Real Estate
The Nest
List Price
$295,000
Sold Price
$269,000
Premium/Discount to List
-$26,000
-8.81%
Views
205
Current Estimated Value
$303,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,943
Avg. Annual Appreciation
4.81%
Original Mortgage
$277,877
Outstanding Balance
$270,441
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$33,502

Purchase Details

Closed on
Jun 8, 2016
Sold by
Charlestown Village Red Bridge Llc
Bought by
Brown Kelvin M and Brown Vernell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scott Kim Lorenzo $269,000 Investors Title
Brown Kelvin M $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Kim Lorenzo $277,877
Previous Owner Brown Kelvin M $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $269,000 -3.9% $181 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/08/2023 03/08/23 Price Changed $280,000 -3.4% $189 / Sq Ft
02/28/2023 02/28/23 Price Changed $289,900 -1.7% $195 / Sq Ft
02/18/2023 02/18/23 For Sale $295,000 -- $199 / 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 $2,488 $245,110 $55,000 $190,110
2024 $2,659 $245,110 $55,000 $190,110
2023 $1,940 $151,670 $40,000 $111,670
2022 $1,940 $151,670 $40,000 $111,670
2021 $1,940 $151,670 $40,000 $111,670
2020 $1,940 $151,670 $40,000 $111,670
2019 $1,737 $134,790 $30,000 $104,790
2018 $1,684 $134,790 $30,000 $104,790
2017 $1,588 $128,770 $30,000 $98,770
2016 $1,588 $132,510 $24,000 $108,510
2015 $1,609 $132,510 $24,000 $108,510
2014 $1,609 $132,510 $24,000 $108,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4003444

Canopy MLS (Canopy Realtor® Association)

APN: 5565-42-8577-0000