NOT LISTED FOR SALE

126 Falls Cove Dr Unit 44 Troutman, NC 28166

Estimated Value: $442,000 - $520,000

4 Beds
2.5 Baths
2,628 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $275,000 $105 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,962/month

61 Days on Market

Highlights

  • Community Cabanas
  • Open Floorplan
  • Attached Garage
  • Under Construction
  • Wooded Lot
  • Walk-In Closet

About This Home

As of May 2019

Amazing New Construction ready for May move in! Everything's included even a Home Automation Package, granite kitchen countertops, under cabinet lighting and an outdoor living package!! Wi-fi Certified! Beautiful arches, wood flooring throughout main living area, gorgeous kitchen, Huge master with glamorous bath, loft, large laundry room! one of our most popular open floor plans! Furnished model of this plan on site so no need to wait to view! For a limited time receive $7500 in closing costs with Eagle Mortgage! Home warranty included! Located in Troutman in the beautiful Lake Norman area with easy access to public boat launch and Lake Norman State Park. Other awesome homes available!

Last Agent to Sell the Property

Evelyn Vargas

DR Horton Inc License #291002 Listed on: 02/25/2019

DR Horton Inc

Co-Listed By

Yolanda Burney

DR Horton Inc License #261491

Last Buyer's Agent

Evelyn Vargas

DR Horton Inc License #291002 Listed on: 02/25/2019

DR Horton Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,972

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Wooded Lot
  • Many Trees

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Outdoor Gas Grill

Community Details

Overview

  • Braesel Management Association
  • Built by Lennar of the Carolinas

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,972

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$67 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: 0.98567
  • Ratio Close Price By Original Li: 0.82280
  • Ratio Current Price By Acre: 1057692.31
  • Ratio Current Price By Sq Ft: 104.64
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1450
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: CO Detector, Cable Prewire, Cooktop Gas, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs, Gas Vented
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1178
  • Total Sq Ft: 2628

Exterior Features

  • Construction: Hardboard Siding, Shingle, Stone
  • Construction Type: Site Built
  • Exterior Features: In-Ground Gas Grill
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Playground, Outdoor Pool, Walking Trails
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Braesel Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Troutman
  • Middle School: Troutman
  • High School: South Iredell

Lot Info

  • Lot Features: Trees, Wooded
  • Lot Size Area: 0.260
  • Parcel Number: 99999
  • Zoning Specification: CMX

Building Info

  • Builder Name: Lennar of the Carolinas

Tax Info

  • Tax Location: Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
May 29, 2019
Sold by
Lennar Carolinas Llc
Bought by
Marotta Edward Anthony and Marotta Darlene M
Seller's Agent
Evelyn Vargas
DR Horton Inc
Buyer's Agent
Evelyn Vargas
DR Horton Inc
List Price
$334,224
Sold Price
$275,000
Premium/Discount to List
-$59,224
-17.72%
Current Estimated Value
$469,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,355
Avg. Annual Appreciation
8.71%
Original Mortgage
$270,019
Outstanding Balance
$237,413
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$231,942
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marotta Edward Anthony $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marotta Edward Anthony $270,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $275,000 -1.4% $105 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/25/2019 04/25/19 Price Changed $278,999 -7.6% $106 / Sq Ft
03/30/2019 03/30/19 Price Changed $301,823 -7.6% $115 / Sq Ft
03/16/2019 03/16/19 Price Changed $326,724 -0.8% $124 / Sq Ft
03/08/2019 03/08/19 Price Changed $329,224 -1.5% $125 / Sq Ft
02/25/2019 02/25/19 For Sale $334,224 -- $127 / 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 $4,972 $446,540 $60,000 $386,540
2023 $4,972 $446,540 $60,000 $386,540
2022 $3,067 $259,780 $16,000 $243,780
2021 $3,037 $259,780 $16,000 $243,780
2020 $3,015 $257,840 $16,000 $241,840
2019 $180 $16,000 $16,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3478056

Canopy MLS (Canopy Realtor® Association)

APN: 4730-88-6033.000