NOT LISTED FOR SALE

Estimated Value: $685,000 - $894,000

5 Beds
4.5 Baths
2,993 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $699,000 $234 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,665/month

426 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Front Porch
  • Lake Norman Elementary School Rated A-
  • Transitional Architecture
  • 3 Car Attached Garage

About This Home

As of November 2023

QUICK MOVE IN!! Fairfax is an exclusive enclave of just 10 homes on a cul-de-sac, located on the highly sought after Brawled School Peninsula. The Millstone II is an open & airy floorplan that lives large. Gourmet Kitchen with Large Walk-In Pantry and Oversized Dining. Open to the 2-Story Great Room. Flows perfectly for entertaining or everyday living. Office & Private Guest Suite on the main level. Second floor Primary Suite & 3 Spacious Secondary Bedrooms. 3-Car Garage & Large Flat, Fenced Rear Yard.

Last Agent to Sell the Property

Linda Marucci

BSI Builder Services Brokerage Email: lmarucci@peachtreeres.com License #165654 Listed on: 08/26/2022

Last Buyer's Agent

Ken Ledbetter

Lake Realty License #300810

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.69 Acre Lot
  • Fenced

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Propane Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Lake Norman Elementary School
  • Woodland Heights Middle School
  • Lake Norman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4636579888

Community Details

Overview

  • Key Community Management Association, Phone Number (704) 321-1556
  • Built by Peachtree Residentila
  • Fairfax At Mallard Head Subdivision, Millstone II Floorplan
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,152

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$71 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2022
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 233.54
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-in Features, Cable Prewire, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1440
  • 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: 1553
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Exhaust Hood, Gas Cooktop, Microwave, Plumbed For Ice Maker, Wall Oven
  • Above Grade Finished Sq Ft: 2993
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Propane
  • Living Area: 2993
  • Bedroom Main: 1
  • Room Count: 14
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Fiber Cement, Hard Stucco
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Heat Pump, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Heat Pump, Zoned
  • Utilities: Propane
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 850
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Key Community Management
  • Phone: 704-321-1556
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 850.00

Schools

  • Middle Or Junior School: Woodland Heights
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.688
  • Lot Size Units: Acres
  • Parcel Number: 4636579888
  • Development Status: Completed
  • Lot Size Acres: 0.688
  • Lot Size Sq Ft: 29969
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Building Info

  • Builder Name: Peachtree Residentila

MLS Schools

  • Elementary School: Lake Norman
  • High School: Lake Norman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Nov 20, 2023
Sold by
Peachtree Residential Llc
Bought by
Ledbetter Larry and Ledbetter Elaine
Seller's Agent
Linda Marucci
BSI Builder Services
Buyer's Agent
Ken Ledbetter
Lake Realty
List Price
$759,900
Sold Price
$699,000
Premium/Discount to List
-$60,900
-8.01%
Views
129
Current Estimated Value
$800,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,510
Avg. Annual Appreciation
7.36%
Original Mortgage
$629,100
Outstanding Balance
$616,919
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$183,591
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
Ledbetter Larry $699,000 Master Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledbetter Larry $629,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2023 11/21/23 Sold $699,000 -6.8% $234 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $749,900 -1.3% $251 / Sq Ft
08/29/2023 08/29/23 For Sale $759,900 0.0% $254 / Sq Ft
08/27/2023 08/27/23 Off Market $759,900 -- --
08/26/2023 08/26/23 Off Market $699,000 -- --
05/12/2023 05/12/23 Price Changed $759,900 -1.3% $254 / Sq Ft
08/26/2022 08/26/22 For Sale $769,900 -- $257 / 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 $4,152 $639,950 $75,000 $564,950
2023 $3,836 $639,950 $75,000 $564,950
2022 $408 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3899090

Canopy MLS (Canopy Realtor® Association)

APN: 4636-57-9888.000