NOT LISTED FOR SALE

137 Falls Cove Dr Unit 61 Troutman, NC 28166

Estimated Value: $447,248 - $462,000

4 Beds
2.5 Baths
2,628 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $269,990 $103 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,937/month

22 Days on Market

Highlights

  • Community Cabanas
  • Open Floorplan
  • Covered Patio or Porch
  • New Construction
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of September 2019

Amazing New Construction on home site with trees in backyard. READY August! Everything's included even a Home Automation Package, granite kitchen counter tops, and an outdoor living package!! Wi-fi Certified! Beautiful arches, wood flooring throughout main living area, gorgeous kitchen open to great room, 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 $5000 in closing costs with Eagle Mortgage! Home warranty included! Located in Troutman in the beautiful Lake Norman area with easy access to Mooresville, public boat launch and Lake Norman State Park. Other awesome homes available!

Last Agent to Sell the Property

Evelyn Vargas

DR Horton Inc Brokerage Email: evelyn.vargas@lennar.com License #291002 Listed on: 07/22/2019

DR Horton Inc

Co-Listed By

Joe Viotto

Lennar Sales Corp Brokerage Email: evelyn.vargas@lennar.com License #86575

Lennar Sales Corp

Last Buyer's Agent

Joe Viotto

Lennar Sales Corp Brokerage Email: evelyn.vargas@lennar.com License #86575

Lennar Sales Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Property is zoned CMX

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Gas Grill

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4730875419

Community Details

Overview

  • Braesel Management Association
  • Built by Lennar of the Carolinas
  • Falls Cove At Lake Norman Subdivision, Durham B Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,639

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Proposed Completion Date: 2019-08-30
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 102.74
  • Attribution Contact: evelyn.vargas@lennar.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1178
  • 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: 1450
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Gas Cooktop, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2628
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Vented
  • Living Area: 2628
  • Bedroom Main: 0
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Gas Grill
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Hardboard Siding, Shingle/Shake
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 440
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Playground, Walking Trails
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Braesel Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.25
  • Lot Size Units: Acres
  • Parcel Number: 4730875419
  • Zoning: RES
  • Development Status: Completed
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CMX

Green Features

  • Green Verification Count: 2

Building Info

  • Builder Name: Lennar of the Carolinas

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Sep 25, 2019
Sold by
Lennar Carolinas Llc
Bought by
Levitt Anne Elizabeth and Levitt Samuel
Seller's Agent
Evelyn Vargas
DR Horton Inc
Buyer's Agent
Joe Viotto
Lennar Sales Corp
List Price
$292,478
Sold Price
$269,990
Premium/Discount to List
-$22,488
-7.69%
Current Estimated Value
$456,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,572
Avg. Annual Appreciation
8.39%
Original Mortgage
$215,992
Outstanding Balance
$191,653
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$243,315
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
Levitt Anne Elizabeth $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levitt Anne Elizabeth $215,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $269,990 -5.9% $103 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/10/2019 08/10/19 Price Changed $286,999 -1.9% $109 / Sq Ft
07/22/2019 07/22/19 For Sale $292,478 -- $111 / 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 $4,639 $416,250 $60,000 $356,250
2023 $4,639 $416,250 $60,000 $356,250
2022 $2,996 $253,670 $16,000 $237,670
2021 $2,967 $253,670 $16,000 $237,670
2020 $2,967 $253,670 $16,000 $237,670
2019 $23 $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: 3532309

Canopy MLS (Canopy Realtor® Association)

APN: 4730-87-7776.000