NOT LISTED FOR SALE

1201 Forkhorn Dr Monroe, NC 28110

Estimated Value: $416,000 - $438,000

5 Beds
3 Baths
2,577 Sq Ft
$165/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $301,774 $117 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,573/month

27 Days on Market

Highlights

  • Under Construction
  • Pond
  • Walk-In Closet
  • Piedmont Middle School Rated A-
  • Walk-In Pantry
  • Community Playground

About This Home

As of May 2021

New Frost plan checks all of the boxes! Home includes guest bedroom and full bath on the main level, open kitchen with walk-in pantry, stainless steel gas range oven, stainless steel appliances, Carrara Marmi quartz countertops, white gloss subway tile backsplash and white Linen cabinets in kitchen (with Stone gray cabinets in the island). EVP floors in all common areas. Master bedroom upstairs includes two walk-in closets, dual sinks, walk-in shower. EVP in all baths and laundry room - laundry located on second level. Bonus room with double door entry on second floor. Walk-in closets in secondary bedrooms! Corner homesite, directly across from open central green space and close to mailboxes and trails. Smart home features include a video doorbell, smart front door lock, smart thermostat, smart water monitoring and leak detection system, wifi mesh technology to eliminate dead spots, smart garage hub to monitor and open/close your garage door remotely, and Ring home security kit!

Last Agent to Sell the Property

Chuck Porter

Stephen Cooley Real Estate License #282626 Listed on: 01/06/2021

Last Buyer's Agent

Robi Schreckhise

The TK Team LLC License #320763

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 7,405

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Pull Down Stairs to Attic
  • Walk-In Pantry

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Pond
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 09216327

Community Details

Overview

  • Built by Lennar Sales Corp

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00872
  • Ratio Current Price By Acre: 1714625.00
  • Ratio Current Price By Sq Ft: 117.10
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1469
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Dishwasher, Disposal, Electric Range, Microwave
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Attic Stairs Pulldown, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1108
  • Total Sq Ft: 2577
  • Sq Ft Unheated Main: 469
  • Sq Ft Unheated Total: 469

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Shingle
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground, Pond, Walking Trails
  • Association Fee: 190.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 09216327
  • Zoning Specification: RA20

Building Info

  • Builder Name: Lennar Sales Corp

Tax Info

  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Lennar Carolinas Llc
Bought by
Kalidindi Sambasiva Rao and Chigurupati Sataya Hareesh
Current Estimated Value
$423,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$356,784
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$67,211

Purchase Details

Listed on
Jan 6, 2021
Closed on
May 26, 2021
Sold by
Lennar Carolinas Llc
Bought by
Chigurupati Satya and Kalidindi Sambasiva Rao
Seller's Agent
Chuck Porter
Stephen Cooley Real Estate
Buyer's Agent
Robi Schreckhise
The TK Team LLC
List Price
$299,164
Sold Price
$301,774
Premium/Discount to List
$2,610
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$241,420
Interest Rate
2.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kalidindi Sambasiva Rao $500,000 --
Kalidindi Sambasiva Rao $500,000 None Listed On Document
Chigurupati Satya $302,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalidindi Sambasiva Rao $375,000
Closed Kalidindi Sambasiva Rao $375,000
Previous Owner Chigurupati Satya $241,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $301,774 0.0% $117 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $301,774 +0.9% $117 / Sq Ft
01/06/2021 01/06/21 For Sale $299,164 -- $116 / 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 $3,784 $432,900 $0 $0
2024 $3,147 $288,600 $47,500 $241,100
2023 $3,147 $288,600 $47,500 $241,100
2022 $3,147 $288,600 $47,500 $241,100
2021 $518 $47,500 $47,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3696058

Canopy MLS (Canopy Realtor® Association)

APN: 09-216-327