NOT LISTED FOR SALE

161 Rhuidean Ct Troutman, NC 28166

Estimated Value: $395,000 - $458,000

3 Beds
2 Baths
1,902 Sq Ft
$227/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $412,990 $217 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,659/month

197 Days on Market

Highlights

  • Under Construction
  • Laundry Room
  • Entrance Foyer
  • 2 Car Attached Garage
  • Tankless Water Heater
  • 1-Story Property

About This Home

As of April 2023

The Azalea is one of our MOST POPULAR ranch plans and is both traditional and modern with its open and functional spaces with large windows, covered back porch and lots of natural light. Walking through the front door into the main area is best described as WOW! The gourmet kitchen with its HUGE quartz island and countertops, double wall ovens and ceramic backsplash…all overseeing an AMAZINGLY open family room and dining space and a gas fireplace. Two secondary bedrooms and a full bath in the front of the home offer the perfect setting for visitors. Located in the rear of the home, the primary bedroom offers a trey ceiling and large bath, LARGE luxury shower with tile surround and seat and a generous walk-in closet. Minutes from Lake Norman State Park and quaint downtown Troutman, you will never be too far from home with our industry-leading suite of smart Home Is Connected® products, keeping you connected with the people and place you value most.

Last Agent to Sell the Property

Thomas Dellinger

DR Horton Inc License #297302 Listed on: 07/09/2022

DR Horton Inc

Co-Listed By

Jamey Slawter

DR Horton Inc License #285466

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Cleared Lot
  • Property is zoned RSCZCC01

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Stone Veneer
  • Hardboard

Interior Spaces

  • 1,902 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Built by DR Horton
  • Falls Cove At Lake Norman Subdivision, Azalea F Floorplan
  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4740183992.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,484

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 217.13
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Interior Amenities: Cable Prewire, Entrance Foyer, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1902
  • 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: 0
  • Appliances: Dishwasher, Disposal, Tankless Water Heater
  • Above Grade Finished Sq Ft: 1902
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1902
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Shingle/Shake, Stone Veneer

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 449
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Cleared
  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 4740183992.000
  • Development Status: Under Construction
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RSCZCC01

Building Info

  • Builder Name: DR Horton

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Apr 24, 2023
Sold by
D R Horton Inc
Bought by
Cappelmann Kevin M
Seller's Agent
Thomas Dellinger
DR Horton Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$412,290
Sold Price
$412,990
Premium/Discount to List
$700
0.17%
Views
4
Current Estimated Value
$430,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,909
Avg. Annual Appreciation
1.73%
Original Mortgage
$215,000
Outstanding Balance
$209,599
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$221,300
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
Cappelmann Kevin M $413,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cappelmann Kevin M $215,000
Closed Cappelmann Kevin M $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $412,990 0.0% $217 / Sq Ft
12/14/2022 12/14/22 Price Changed $412,990 -2.1% $217 / Sq Ft
11/07/2022 11/07/22 Price Changed $421,990 -2.5% $222 / Sq Ft
09/03/2022 09/03/22 Price Changed $432,900 -90.2% $228 / Sq Ft
09/03/2022 09/03/22 Price Changed $4,432,900 +975.2% $2,331 / Sq Ft
07/09/2022 07/09/22 For Sale $412,290 -- $217 / 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 $4,484 $402,180 $75,000 $327,180
2023 $4,484 $334,690 $75,000 $259,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3881930

Canopy MLS (Canopy Realtor® Association)

APN: 4740-18-3992.000