NOT LISTED FOR SALE

15212 Shallow Ridge Rd Unit 275 Charlotte, NC 28278

The Palisades Neighborhood

Estimated Value: $695,388 - $727,000

4 Beds
3.5 Baths
3,379 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $633,710 $188 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,290/month

4 Days on Market

Highlights

  • Under Construction
  • Community Lake
  • Attached Garage
  • Palisades Park Elementary School Rated A-
  • Arts and Crafts Architecture
  • Tray Ceiling

About This Home

As of October 2022

MLS # 3841464 ~ REPRESENTATIVE PHOTOS ADDED. Fall Completion! The Wembley Arts & Crafts home features an exquisite first floor with an open inviting gathering room. Gourmet kitchen with gas cooktop, upgraded cabinets and quartz countertops, large walk-in pantry and luxurious food-prep kitchen island make this a chef's dream! An exceptionally spacious plan includes a first-floor owner’s suite at the rear of the home. The study is perfect for a home office. Upstairs there are three additional bedrooms, two full baths, and a spacious game room. Tennis and Social Membership to the Palisades Country Club included with the HOA. Structural options added at 15212 Shallow Ridge Road include: gourmet kitchen, tray ceilings, shower ledge at owner's bath, study, sunroom, additional windows in owner's suite, fireplace and laundry sink.

Last Agent to Sell the Property

Maria Phillips

DRB Group of North Carolina, LLC License #277349 Listed on: 03/22/2022

Last Buyer's Agent

Kranthi Aella

Red Bricks Realty LLC License #274836

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Lot Dimensions are 60 x 150
  • Cleared Lot
  • Property is zoned MX3, MX-3

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Shingle Siding
  • Stone Siding

Interior Spaces

  • Tray Ceiling
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Schools

  • Palisades Park Elementary School
  • Southwest Middle School
  • Olympic High School

Utilities

  • Zoned Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 21722606

Community Details

Overview

  • Community Association Mgmt. Services Association, Phone Number (704) 731-5584
  • Built by Taylor Morrison
  • North Reach Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2022
  • Ratio Current Price By Acre: 3168550.00
  • Restrictions: Architectural Review,Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2022-09-30
  • Restrictions Description: All improvements must be submitted to the HOA for approval. Impervious restrictions consist of 3500 sq.ft per lot.
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 187.54
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1961
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 427
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 427
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1418
  • Porch: Patio
  • Appliances: CO Detector, Gas Cooktop, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Exhaust Fan, Plumbed For Ice Maker, Microwave, Natural Gas, Wall Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Vented, Gas
  • Living Area: 3379
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Underground Power Lines, Wired Internet Available
  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Under Construction
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Shingle Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 427
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central, Multizone A/C, Zoned, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 1350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Community Association Mgmt. Services
  • Phone: 704-731-5584
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Southwest
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 1350.00

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 21722606
  • Plat Reference Section Pages: 481
  • Lot Size: 60 x 150
  • Zoning Description: MX-3
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • RATIO List Price By Tax Amount: 1.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Palisades Park
  • High School: Olympic

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Oct 27, 2022
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Ande Virinchi and Dasappa Ravindra Rashmi
Seller's Agent
Maria Phillips
DRB Group of North Carolina, LLC
Buyer's Agent
Kranthi Aella
Red Bricks Realty LLC
List Price
$662,990
Sold Price
$633,710
Premium/Discount to List
-$29,280
-4.42%
Current Estimated Value
$710,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,137
Avg. Annual Appreciation
4.28%
Original Mortgage
$608,710
Outstanding Balance
$589,917
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$124,172
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
Ande Virinchi $664,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ande Virinchi $608,710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $633,710 -4.5% $188 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/22/2022 03/22/22 Price Changed $663,710 +0.1% $196 / Sq Ft
03/22/2022 03/22/22 For Sale $662,990 -- $196 / 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 $4,010 $575,900 $110,000 $465,900
2023 $3,973 $579,700 $110,000 $469,700
2022 $672 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3841464

Canopy MLS (Canopy Realtor® Association)

APN: 217-226-06