NOT LISTED FOR SALE

1537 Banham Dr Indian Trail, NC 28079

Estimated Value: $448,000 - $469,000

3 Beds
2.5 Baths
1,969 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $413,325 $210 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,827/month

7 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Recreation Facilities
  • Poplin Elementary School Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of March 2023

Welcome home to the Dearborn. This affordable new home in Indian Trail is ready for your family to move in! You will have plenty of room to host friends and family with this open floorplan. The kitchen area features white cabinetry with granite counters, a large work island with pendant lighting, and a gas stove. Beautiful hardwood floors cover the first floor. The flex space on the first floor can be used as a formal dining room or an office. Head outside to your extended rear patio for relaxing or grilling your favorite meal. Upstairs is the owner's suite which has a huge walk-in closet with tiled walk-in shower. Also upstairs are two other bedrooms, a convenient second-floor laundry room, and a loft space that is perfect for movie nights or a homework area for your kids. All our homes come with a 10-Year Transferable Structural Warranty.

Last Agent to Sell the Property

Alan Beulah

M/I Homes License #40726 Listed on: 02/14/2023

Last Buyer's Agent

Jayesh Mohite

Vastu Realty LLC License #332620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 52'x125'
  • Property is zoned SFD

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Self-Cleaning Convection Oven
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Porter Ridge Elementary And Middle School
  • Porter Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08267233

Community Details

Overview

  • Kuester Association, Phone Number (704) 973-9019
  • Built by M/I Homes
  • Stallings Brook Subdivision, Dearborn A Floorplan
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Special Assessment Yn: 0
  • Proposed Completion Date: 2023-02-14
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.92
  • Geocode Confidence: Low
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Entrance Foyer, Kitchen Island, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 894
  • 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: 1075
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 1969
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1969
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 430
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Cable Available
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Playground, Recreation Area, Other
  • Association Fee: 899
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Kuester
  • Phone: 704-973-9019
  • ResoAssociationFeeFrequency: Annually
  • Association Email: support@kuester.com

Association/Amenities

  • Association Annual Expense: 899.00

Schools

  • Middle Or Junior School: Porter Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 08267233
  • Plat Book Slide: Cab Q/591
  • Development Status: Completed
  • Lot Size: 52'x125'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFD

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: M/I Homes

MLS Schools

  • Elementary School: Porter Ridge
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
Mar 24, 2023
Sold by
M I Homes Of Charlotte Llc
Bought by
Dabbiru Haritasri
Seller's Agent
Alan Beulah
M/I Homes
Buyer's Agent
Jayesh Mohite
Vastu Realty LLC
List Price
$413,325
Sold Price
$413,325
Views
24
Current Estimated Value
$458,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,254
Avg. Annual Appreciation
4.35%
Original Mortgage
$309,993
Outstanding Balance
$301,545
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$157,034
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dabbiru Haritasri $413,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabbiru Haritasri $309,993
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $413,325 0.0% $210 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $413,325 -- $210 / 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 $3,090 $283,400 $60,200 $223,200
2023 $3,090 $283,400 $60,200 $223,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4002108

Canopy MLS (Canopy Realtor® Association)

APN: 08-267-233