NOT LISTED FOR SALE

118 Cotton Field Dr Unit Lot 6 Statesville, NC 28677

Estimated Value: $474,696 - $520,000

5 Beds
4 Baths
2,836 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $470,000 $166 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,067/month

6 Days on Market

Highlights

  • Under Construction
  • Balcony
  • Walk-In Closet
  • Covered Patio or Porch
  • Attached Garage
  • Laundry Room

About This Home

As of May 2022

Brand NEW homes in a great location! Close to Lake Norman, with easy access to I-77 and I-40. This Cypress plan has 5 bedrooms, four full baths, and more than 2,800 square feet. A guest suite is located on the main, the owner's suite & two secondary bedrooms are on the upper floor, and a spacious bedroom with full bath is on the third floor. The designer kitchen has stainless appliances including a gas cooktop, wall oven and range hood. The family room features a fireplace with slate surround, and the study with French doors makes an ideal home office. The kitchen and all bathrooms feature quartz counters. Beautiful and durable Enhanced Vinyl Plank flooring runs throughout the main level and the stairs feature metal balusters & composite treads. Other wonderful extras include a rear covered porch, luxury owner's bath, a shower with bench & semi-frameless door in the guest bath, and a 5-foot shower in the third floor bath. Ask about the SMART features included in this home. Visit today!

Last Agent to Sell the Property

Michael Conley

Eastwood Homes License #166229 Listed on: 04/07/2022

Last Buyer's Agent

Todd Munday

Munday Realty LLC License #252496

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Property is zoned R5MF, R-5MF

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • Family Room with Fireplace
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • Superior Association Mgmt Association, Phone Number (704) 875-7299
  • Built by Eastwood Homes
  • Dogwood Grove Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4742594098.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 2937500.00
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Proposed Completion Date: 2022-05-31
  • Road Surface Type: Concrete
  • Structure Type: Three Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1151
  • Third Level Sq Ft: 350
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 266
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 361
  • Sq Ft Unheated Upper: 95
  • Sq Ft Upper: 1335
  • Porch: Back,Balcony,Covered,Front,Patio
  • Appliances: Cable Prewire, CO Detector, Gas Cooktop, Dishwasher, Disposal, Exhaust Hood, Plumbed For Ice Maker, Microwave, Self Cleaning Oven, Wall Oven
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Vented
  • Living Area: 2836
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 1

Exterior Features

  • New Construction: Yes
  • Roof: Composition
  • Construction Status: Under Construction
  • Tax Location: Statesville
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Superior Association Mgmt
  • Phone: 704-875-7299
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4742594098.000
  • Lot Size: Per survey
  • Zoning Description: R-5MF

Building Info

  • Builder Name: Eastwood Homes

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
May 9, 2022
Sold by
Eastwood Construction Llc
Bought by
Litaker Karina
Seller's Agent
Michael Conley
Eastwood Homes
Buyer's Agent
Todd Munday
Munday Realty LLC
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$496,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,424
Avg. Annual Appreciation
1.57%
Original Mortgage
$165,000
Outstanding Balance
$156,548
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$339,876
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Litaker Karina $470,000 Costner Law Office Pllc
Litaker Karina $470,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Litaker Karina $165,000
Closed Litaker Karina $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2022 05/17/22 Sold $470,000 +1.1% $166 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $465,000 -- $164 / 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
2024 $4,798 $465,630 $65,000 $400,630
2023 $4,798 $465,630 $65,000 $400,630
2022 $258 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3845832

Canopy MLS (Canopy Realtor® Association)

APN: 4742-59-4098.000