NOT LISTED FOR SALE

125 Redbud Ln Troutman, NC 28166

Estimated Value: $941,000 - $1,370,000

4 Beds
3.5 Baths
6,039 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $937,000 $155 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,419/month

254 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Community Lake
  • Contemporary Architecture
  • Finished Attic

About This Home

As of February 2022

Former builders home with all the extras! Spread out in this gorgeous hard stucco luxury estate. Privacy abounds in the expertly landscaped fenced yard complete with irrigation, hot tub, & huge water views out to the main channel on an oversized, double 1.06 acre lot. Entertain at the bar, theater room, billiards, deck or outdoor living area. Underground propane tank for the optional gas grill, gas dryer & multiple see through fireplaces throughout the home. 2nd living quarters with full kitchen, family room & luxurious bedroom. Double door front entry, large windows/lots of windows throughout, decorative wood trim throughout, high, vaulted, cathedral ceiling in main living room, high ceilings throughout home, decorative trey ceilings in master bedroom & dining room, hardwood floors, hardwood floor inlays in entryway & dining room, granite & marble countertops, spacious bedrooms & closets, lot's of storage space, oversized office space or optional home workout room/space.

Last Agent to Sell the Property

Kirk Hanson

Coldwell Banker- CK Select License #235328 Listed on: 05/21/2021

Coldwell Banker- CK Select

Last Buyer's Agent

joseph arrington

NEWHOMESMATE LLC License #294225

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,798

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 202x291x161x260
  • Fenced
  • Irrigation
  • Zoning described as R20

Home Design

  • Contemporary Architecture
  • Transitional Architecture
  • Stucco

Interior Spaces

  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Ceiling Fan
  • See Through Fireplace
  • Propane Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Attic

  • Attic Fan
  • Finished Attic

Outdoor Features

  • Balcony
  • Fire Pit

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Ackerman Const
  • Allendale Point Subdivision
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4629-70-7829.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,798

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Transitional
  • Year Built: 1999
  • Ratio Current Price By Acre: 883962.26
  • Restrictions: Other - See Media/Remarks
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story/Basement
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement Fully Finished
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood, See Remarks
  • Interior Amenities: Attic Fan, Attic Finished, Attic Walk In, Basement Shop, Breakfast Bar, Built Ins, Cable Available, Drop Zone, Open Floorplan, Pantry
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 2007
  • Main Level Sq Ft: 2063
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 773
  • Sq Ft Unheated Main: 1214
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 2080
  • Sq Ft Unheated Upper: 93
  • Sq Ft Upper: 1969
  • Porch: Back,Balcony,Covered
  • Appliances: Bar Fridge, Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Exhaust Fan, Exhaust Hood, Gas Dryer Hookup, Plumbed For Ice Maker, Induction Cooktop, Microwave, Network Ready, Propane Cooktop, Refrigerator, Security System, Self Cleaning Oven, Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Great Room, Primary Bedroom, Propane, See Through, Other
  • Living Area: 6039
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Exterior Features: Fence, Fire Pit, In-Ground Irrigation
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Water Body Name: Lake Norman
  • Waterfront Features: Beach - Public, Other
  • Construction Type: Stucco

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 749
  • Parking Features: Garage - 3 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Other

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: None

Lot Info

  • Lot Features: Lake On Property, Views, Water View
  • Lot Size Area: 1.06
  • Lot Size Units: Acres
  • Parcel Number: 4629-70-7829.000
  • Lot Size: 202x291x161x260
  • Zoning Description: R20

Building Info

  • Builder Name: Ackerman Const

Tax Info

  • RATIO List Price By Tax Amount: 1.25233

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 21, 2021
Closed on
Apr 14, 2022
Sold by
Orchard Homes Ii Llc
Bought by
Keefe John Jeffrey and Keefe Roberta Christine
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
joseph arrington
NEWHOMESMATE LLC
List Price
$1,200,000
Sold Price
$937,000
Premium/Discount to List
-$263,000
-21.92%
Current Estimated Value
$1,114,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,056
Avg. Annual Appreciation
6.59%
Original Mortgage
$617,000
Outstanding Balance
$582,217
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$593,765

Purchase Details

Listed on
May 21, 2021
Closed on
Feb 23, 2022
Sold by
Sutherland Andrew C
Bought by
Orchard Homesii Llc
Seller's Agent
Kirk Hanson
Coldwell Banker- CK Select
Buyer's Agent
joseph arrington
NEWHOMESMATE LLC
List Price
$1,200,000
Sold Price
$937,000
Premium/Discount to List
-$263,000
-21.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,000
Outstanding Balance
$582,217
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$593,765

Purchase Details

Closed on
May 29, 2013
Sold by
Scotto Christopher M and Scotto Jennifer Michelle
Bought by
Sutherland Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Davis Robert L and Davis Barbara B
Bought by
Reece Gary Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Ackerman Allan P and Ackerman Jodi A
Bought by
Davis Robert L and Davis Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.85%

Purchase Details

Closed on
Nov 1, 1997
Source: Public Records

Range of Values:

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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
Keefe John Jeffrey $937,000 Orchard Title
Orchard Homesii Llc $1,874 Orchard Title
Sutherland Andrew C $345,500 None Available
Reece Gary Lynn $625,000 Bb&T
Davis Robert L $460,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keefe John Jeffrey $617,000
Previous Owner Sutherland Andrew C $275,000
Previous Owner Mcnamara Linda S $102,750
Previous Owner Reece Gary Lynn $500,000
Previous Owner Davis Robert L $181,000
Previous Owner Davis Robert L $200,000
Previous Owner Davis Robert L $184,500
Previous Owner Davis Robert L $100,000
Previous Owner Davis Robert L $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $937,000 -6.3% $155 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
08/06/2021 08/06/21 Price Changed $1,000,000 -7.0% $166 / Sq Ft
07/15/2021 07/15/21 Price Changed $1,075,000 -10.4% $178 / Sq Ft
05/21/2021 05/21/21 For Sale $1,200,000 -- $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
2024 $5,798 $956,320 $120,000 $836,320
2023 $5,798 $937,470 $120,000 $817,470
2022 $5,151 $798,510 $32,000 $766,510
2021 $5,067 $798,510 $32,000 $766,510
2020 $5,067 $798,510 $32,000 $766,510
2019 $4,867 $798,510 $32,000 $766,510
2018 $3,929 $648,890 $31,500 $617,390
2017 $3,929 $648,890 $31,500 $617,390
2016 $3,929 $648,890 $31,500 $617,390
2015 $3,929 $648,890 $31,500 $617,390
2014 $2,810 $501,520 $31,500 $470,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3636826

Canopy MLS (Canopy Realtor® Association)

APN: 4629-70-7829.000