NOT LISTED FOR SALE

Estimated Value: $650,000 - $772,000

4 Beds
3.5 Baths
2,648 Sq Ft
3,485 Sq Ft Lot

Last Sold January 07, 2021

Last sale price $516,325 $195 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,237/month

18 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Wood Flooring
  • Myers Park High Rated A
  • Contemporary Architecture
  • Tray Ceiling

About This Home

As of January 2021

STUNNING New Construction In The Highly Sought-After Oakwald (Oakhurst+Cotswold) Neighborhood. 1404 Lomax Ave Boasts A Gorgeous Two Story Foyer, an Open Floor Plan, a Large Great Room, Patio and Deck for Seamless Indoor/Outdoor Entertaining, Incredible Natural Light throughout, Stunning Selections PLUS an Oversized One Car Garage. The Designer Kitchen Boasts Quartz Countertops, Upgraded Stainless Steel Appliances And White Shaker Cabinets. Natural Light Fills the Expansive Master Suite with a Large Walk-In Closet, Dual Vanities and an Oversized Shower Stall for a Sweet Retreat. The Lower Level, with its own entrance and En Suite, Could be a 4th Bedroom or Den and Leads to the Exterior Patio. This Home is Impeccably Appointed, features Cotswold School Assignments and the location is incredible with South Park And Uptown only 10 Minutes Away.

Last Agent to Sell the Property

Ken Riel

COMPASS License #275223 Listed on: 05/07/2020

COMPASS

Co-Listed By

Rachael Chuilli

Nestlewood Realty, LLC License #299576

Last Buyer's Agent

Rachael Chuilli

Nestlewood Realty, LLC License #299576

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 3,485

Parking

  • 1

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Heating System Uses Natural Gas

Community Details

  • Built by Lagniappe Builders

Listing and Financial Details

  • Assessor Parcel Number 157-207-46

Property Details

Home Type

Condominium

Year Built

Built in 2020 | Under Construction

Lot Details

0

Parking

1

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 3 Story
  • Architectural Style: Contemporary
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.02141
  • Ratio Close Price By Original Li: 1.02141
  • Ratio Current Price By Acre: 5867329.55
  • Ratio Current Price By Sq Ft: 194.99
  • Unit Floor Level: 1
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 989
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Hood, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Network Ready
  • Fireplace Description: Gas Logs, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 3
  • Lower Level Sq Ft: 578
  • Main Level Sq Ft: 1081
  • Total Sq Ft: 2648

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car, On-Street Parking

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Schools

  • Elementary School: Billingsville/Cotswold
  • Middle School: Alexander Graham
  • High School: Myers Park

Lot Info

  • Land Included Yn: Yes
  • Lot Dimension: 38x100
  • Lot Features: Level
  • Lot Size Area: 0.088
  • Parcel Number: 157-207-46
  • Zoning Specification: MF R-17

Building Info

  • Builder Name: Lagniappe Builders

Tax Info

  • Tax Value: 150000.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Dec 29, 2020
Sold by
Lomax Craig Townhomes Llc
Bought by
Chambers Grant
Seller's Agent
Ken Riel
COMPASS
Buyer's Agent
Rachael Chuilli
Nestlewood Realty, LLC
List Price
$505,500
Sold Price
$516,325
Premium/Discount to List
$10,825
2.14%
Current Estimated Value
$732,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,963
Avg. Annual Appreciation
7.72%
Original Mortgage
$490,508
Outstanding Balance
$437,703
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$294,585
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
Chambers Grant $516,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chambers Grant $490,508
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $516,325 +2.1% $195 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $505,500 -- $191 / 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 $4,439 $566,000 $162,500 $403,500
2024 $4,439 $566,000 $162,500 $403,500
2023 $4,291 $566,000 $162,500 $403,500
2022 $4,645 $468,300 $120,000 $348,300
2021 $1,158 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3618723

Canopy MLS (Canopy Realtor® Association)

APN: 157-207-45