NOT LISTED FOR SALE

166 Falls Cove Dr Troutman, NC 28166

Estimated Value: $480,000 - $494,000

5 Beds
4.5 Baths
3,488 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $505,000 $145 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,123/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Patio
  • Clubhouse
  • Community Pool
  • Garden Bath

About This Home

As of June 2022

Built in 2019 in sought after Falls Cove at Lake Norman Community! 5 bedroom 4.5 baths with an open floor plan and nearly 3500 sq ft. Large guest suite on main with full bathroom. Beautiful white kitchen cabinets, back splash, granite counter tops, stainless steel appliances. Large Master with tiled shower and Large walk in closet. Spacious loft just off of stairs on second floor. All secondary bathrooms are tiled with granite countertops. Home comes with fully installed Puronics Water Treatment! Large fenced in backyard with oversized back patio great for entertaining. Community offers pool, playground and walking trails! Falls Cove at Lake Norman community is conveniently close to shopping, 1 mile from marina, boat launch and lake Norman State Park swim and beach complex. Showings begin 5/20!

Last Agent to Sell the Property

Alex Hayes

EXP Realty LLC Mooresville License #303988 Listed on: 05/20/2022

EXP Realty LLC Mooresville

Last Buyer's Agent

Chris Rogalski

Ideal Realty inc License #201464

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,390

Year Built

  • Built in 2019

Lot Details

  • 9,801

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Garden Bath

Utilities

  • Zoned Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Zoning described as RSCZCC01

Listing and Financial Details

  • Assessor Parcel Number 4730-87-7146.000

Community Details

Overview

  • Falls Cove At Lake Norman Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,390

Year Built

Built in 2019

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Ratio Current Price By Acre: 2195652.17
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1582
  • 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: 1906
  • Porch: Front,Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Vented
  • Living Area: 3488
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 441
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Multizone A/C, Zoned, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Outdoor Pool, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 4730-87-7146.000
  • Zoning Description: RSCZCC01

Tax Info

  • RATIO List Price By Tax Amount: 1.61485

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 22, 2022
Sold by
Suzanne Robinson and Suzanne Amy
Bought by
Green Tyler and Green Whitney
Seller's Agent
Alex Hayes
EXP Realty LLC Mooresville
Buyer's Agent
Chris Rogalski
Ideal Realty inc
List Price
$495,000
Sold Price
$505,000
Premium/Discount to List
$10,000
2.02%
Current Estimated Value
$489,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,653
Avg. Annual Appreciation
0.26%
Original Mortgage
$404,000
Outstanding Balance
$387,729
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$121,472

Purchase Details

Closed on
Jan 10, 2020
Sold by
Lennar Carolinas Llc
Bought by
Robinson Michael and Robinson Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Green Tyler $505,000 Lancaster Trotter & Poe Pllc
Robinson Michael $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Tyler $404,000
Previous Owner Robinson Michael $290,500
Previous Owner Robinson Michael $289,564
Previous Owner Robinson Michael $289,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $505,000 +2.0% $145 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $495,000 -- $142 / 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 $5,390 $484,500 $60,000 $424,500
2023 $5,390 $484,500 $60,000 $424,500
2022 $3,608 $306,530 $16,000 $290,530
2021 $3,573 $306,530 $16,000 $290,530
2020 $3,563 $305,610 $16,000 $289,610
2019 $22 $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: 3860418

Canopy MLS (Canopy Realtor® Association)

APN: 4730-87-7146.000