NOT LISTED FOR SALE

118 Fern Ln Unit 83 Troutman, NC 28166

Estimated Value: $414,000 - $453,000

4 Beds
3.5 Baths
2,640 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $425,300 $161 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,769/month

13 Days on Market

Highlights

  • Under Construction
  • Walk-In Closet
  • Card or Code Access
  • Attached Garage
  • Patio
  • Garden Bath

About This Home

As of July 2022

NEW 4BR/3.5BTH in Troutman, Minutes to I-77, I-40 and convenient to Lake Norman State Park, Downtown Statesville, Troutman, and Mooresville entertainment, dining, and shopping. Floorplan features a Large Kitchen, spacious Great Room, as well as a Covered front porch! Kitchen features include granite countertops, stainless steel appliances, and painted maple cabinetry. The second floor features an Oversized Owner's Suite with Large Walk-In Closet and a Large Owners En-Suite Bathroom as well as a Bonus/Game Area and spacious Laundry Room. Rounding out the second floor are two Secondary Bedrooms and a nice size Hall Bathroom.

Last Agent to Sell the Property

Adam Martin

TLS Realty LLC License #244120 Listed on: 05/10/2022

Last Buyer's Agent

Chris Myatt

Allen Tate Lake Norman License #298261

Allen Tate Lake Norman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 7,449

HOA Fees

  • $27 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Forced Air Heating System
  • Heat Pump System

Additional Features

  • Electric Dryer Hookup
  • Patio
  • Zoning described as Rtczcc02

Listing and Financial Details

  • Assessor Parcel Number 4750306985.000

Community Details

Overview

  • Association Management Solutions Association, Phone Number (803) 931-7023
  • Built by True Homes
  • Sutters Mill Subdivision
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,581

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Ratio Current Price By Acre: 2487134.50
  • Doors and Windows: Insulated Windows
  • Proposed Completion Date: 2022-06-03
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Interior Amenities: Garden Tub, Kitchen Island, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1294
  • 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: 1346
  • Porch: Back,Covered,Front,Patio
  • Appliances: Cable Prewire, CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2640
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

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

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 445
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central, Forced Air, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Association Management Solutions
  • Phone: 803-931-7023
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Size Area: 0.171
  • Lot Size Units: Acres
  • Parcel Number: 4750306985.000
  • Zoning Description: Rtczcc02

Building Info

  • Builder Name: True 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
May 10, 2022
Closed on
Jun 8, 2022
Sold by
True Homes Llc
Bought by
Terilus Milton and Terilus Yvenitte
Seller's Agent
Adam Martin
TLS Realty LLC
Buyer's Agent
Chris Myatt
Allen Tate Lake Norman
List Price
$449,900
Sold Price
$425,300
Premium/Discount to List
-$24,600
-5.47%
Current Estimated Value
$431,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,797
Avg. Annual Appreciation
0.53%
Original Mortgage
$425,300
Outstanding Balance
$406,961
Interest Rate
5.09%
Estimated Equity
$25,334
Source: Public Records

Range of Values:

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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
Terilus Milton $440,000 Law Offices Of Brent F King Pl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terilus Milton $425,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $425,300 -3.3% $161 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $439,900 -2.2% $167 / Sq Ft
05/10/2022 05/10/22 For Sale $449,900 -- $170 / 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 $4,581 $410,960 $50,000 $360,960
2023 $4,581 $410,960 $50,000 $360,960
2022 $324 $28,000 $28,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3859259

Canopy MLS (Canopy Realtor® Association)

APN: 4750-30-6985.000