A
Landlord's Agent in 2023
Angela Berrong
Lake Norman Realty Inc
(704) 662-6049
171 Falls Cove Dr Troutman, NC 28166
Estimated Value: $413,602 - $447,000
4
Beds
2.5
Baths
2,628
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- Community Pool
- 2 Car Attached Garage
- Community Playground
- Covered Patio or Porch
- Walk-In Closet
- Garden Bath
About This Home
As of November 20232-story home in the newer community of Falls Cove at Lake Norman in Troutman! Built in 2019, this home has an Entry Hall that takes you to the Office with French Doors, Formal Dining with wainscoting, large and open Great Room with gas log fireplace, Breakfast area, Half Bath and a spacious Kitchen with walk-in Pantry, stainless appliances and island. Upper Level has a large Loft area, Laundry Room with shelving and Washer/Dryer and 3 Bedrooms that share a 2nd Full Bath. The Owner’s Suite has walk-in closet, dual sink vanity, garden tub and a separate shower. You will enjoy a spacious rear stone Patio with built-in gas Grill and a Front Covered Porch. Community amenities include pool and playground! Tenant is responsible for all utilities and the lawn maintenance. Washer/Dryer are provided and the homeowner will not repair/replace if they fail to operate. No Smoking, No Cats allowed & 1 Dog under 25-lbs at adult weight is conditional with a non-refundable pet fee.
Last Agent to Rent the Property
Lake Norman Realty Inc Brokerage Email: rentals@lakenormanrealty.com Listed on: 09/15/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,907
Year Built
- Built in 2019
Lot Details
- Property is zoned RSCZCC01
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Entry on the 1st floor
Interior Spaces
- 2-Story Property
- Great Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Garden Bath
Outdoor Features
- Covered Patio or Porch
- Outdoor Gas Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Security Deposit $2,200
- Property Available on 9/22/23
- Tenant pays for all utilities, exterior maintenance
- 12-Month Minimum Lease Term
Community Details
Overview
- Falls Cove At Lake Norman Subdivision
Recreation
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2019
Sold by
Lennar Carolinas Llc
Bought by
Shaikh Farhan and Shaikh Tunbeela
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,999
Outstanding Balance
$138,119
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$296,126
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shaikh Farhan | $287,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shaikh Farhan | $156,999 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2023 11/29/23 | Rented | $2,200 | 0.0% | -- |
| 09/15/2023 09/15/23 | For Rent | $2,200 | 0.0% | -- |
| 11/22/2022 11/22/22 | Rented | $2,200 | 0.0% | -- |
| 10/17/2022 10/17/22 | Price Changed | $2,200 | -8.3% | $1 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $2,400 | -5.9% | $1 / Sq Ft |
| 09/02/2022 09/02/22 | For Rent | $2,550 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $4,907 | $422,750 | $60,000 | $362,750 |
| 2023 | $4,710 | $422,750 | $60,000 | $362,750 |
| 2022 | $3,018 | $258,090 | $16,000 | $242,090 |
| 2021 | $3,018 | $258,090 | $16,000 | $242,090 |
| 2020 | $3,018 | $258,090 | $16,000 | $242,090 |
| 2019 | $23 | $16,000 | $16,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Angela Berrong
-
Cristi Ranson
Tenant's Agent in 2023
Cristi Ranson
Ranson Real Estate Inc
(704) 622-5934
3 in this area
38 Total Sales
-
Kevin Cox
Buyer's Agent in 2022
Kevin Cox
Berkshire Hathaway HomeServices Carolinas Realty
(704) 662-5318
5 in this area
104 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4069777
APN: 4730-87-9183.000
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