NOT LISTED FOR SALE

Estimated Value: $1,094,000 - $1,222,000

4 Beds
3.5 Baths
2,779 Sq Ft
$421/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $949,000 $341 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,021/month

21 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Walk-In Closet
  • Deck
  • Built-In Double Oven
  • Laundry Room

About This Home

As of May 2022

Incredible Midwood home nestled on Dearmon Drive. Beautifully appointed with a two-story foyer that allows natural light to cascade into the home. 9 ft ceilings throughout, gorgeous hardwood floors, an open floor plan with access to the deck for seamless indoor/outdoor entertaining. The kitchen boasts quartz counters, classic subway backsplash, a 5-burner gas cooktop and two wall ovens-perfect for entertaining. The half bath is a showstopper with stunning fixtures and moody wallpaper. The spacious primary bedroom on main floor has an ensuite with updated dual vanities, a large soaker tub, shower stall and two walk in closets. Secondary bedrooms are generously sized, one with its own ensuite. The updated hall bath features hex marble floor tile, subway tile surround and a beautiful dual vanity. This stunner is move in ready and a stroll/roll to Resident Culture, Midwood Park, Veterans Park, Greenway and so much more. Built in 2010 with a small portion of the 1950’s foundation remaining.

Last Agent to Sell the Property

Ken Riel

COMPASS License #275223 Listed on: 05/05/2022

COMPASS

Last Buyer's Agent

Versha Anand

Versha Anand Realty License #276313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x150
  • Fenced
  • Zoning described as R5

Parking

  • Driveway

Home Design

  • Cedar

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Built-In Double Oven
  • Electric Oven
  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Deck
  • Shed

Schools

  • Shamrock Gardens Elementary School
  • Eastway Middle School
  • Garinger High School

Utilities

  • Central Heating

Community Details

  • Midwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 095-091-63

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Ratio Current Price By Acre: 5582352.94
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Tile, Wood
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1513
  • 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: 1266
  • Porch: Back,Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Double Oven, Electric Oven, Microwave, Wall Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2779
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Shed(s)
  • New Construction: No
  • Roof: Shingle
  • Tax Location: Charlotte
  • Construction Type: Site Built
  • Construction Type: Cedar, Fiber Cement

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 2

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Natural Gas,g-On-Demand Water Heater
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Eastway
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.17
  • Lot Size Units: Acres
  • Parcel Number: 095-091-63
  • Plat Book Slide: M5-400
  • Lot Size: 50x150
  • Zoning Description: R5

Tax Info

  • RATIO List Price By Tax Amount: 1.60412

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Shamrock Gardens
  • High School: Garinger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 27, 2022
Sold by
Kenyon and Kristin
Bought by
Goswami Urvashi
Seller's Agent
Ken Riel
COMPASS
Buyer's Agent
Versha Anand
Versha Anand Realty
List Price
$949,000
Sold Price
$949,000
Current Estimated Value
$1,170,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,584
Avg. Annual Appreciation
6.87%
Original Mortgage
$500,000
Outstanding Balance
$478,477
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$692,107

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jun 14, 2017
Sold by
Butt Jeffrey R and Butt Ginalyn L
Bought by
Kenyon Timothy and Kenyon Kristin
Seller's Agent
Jeffrey King
Savvy + Co Real Estate
Buyer's Agent
Justin Sciranko
Keller Williams Lake Norman
List Price
$599,900
Sold Price
$548,000
Premium/Discount to List
-$51,900
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$465,800
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Butt Ginalyn L and Butt Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Freeman Matt and Freeman Kristin Delle
Bought by
Federal Home Loan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2002
Sold by
Whitehead Michael T and Whitehead Elizabeth M
Bought by
Oates Evelyn F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1997
Sold by
Phillips Joyce J
Bought by
Whitehead Michael T and Whitehead Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage
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
Goswami Urvashi $949,000 Hunter & Chandler Law Group Pl
Kenyon Timothy -- None Available
Butt Ginalyn L -- None Available
Federal Home Loan Mortgage Corp $245,502 None Available
Oates Evelyn F $133,000 --
Whitehead Michael T $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goswami Urvashi $500,000
Previous Owner Kenyon Timothy J $447,500
Previous Owner Kenyon Timothy $465,800
Previous Owner Butt Ginalyn L $285,000
Previous Owner Butt Ginalyn L $292,500
Previous Owner Freeman Matt $417,000
Previous Owner Freeman Matt $36,750
Previous Owner Fischer Evelyn Oates $52,500
Previous Owner Oates Evelyn F $100,000
Previous Owner Whitehead Michael T $99,900
Closed Oates Evelyn F $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $949,000 0.0% $341 / Sq Ft
05/05/2022 05/05/22 For Sale $949,000 +73.2% $341 / Sq Ft
06/16/2017 06/16/17 Sold $548,000 -8.7% $190 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $599,900 -- $208 / 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
2023 $6,438 $858,700 $350,000 $508,700
2022 $5,835 $591,600 $200,000 $391,600
2021 $5,823 $591,600 $200,000 $391,600
2020 $5,816 $591,600 $200,000 $391,600
2019 $5,801 $591,600 $200,000 $391,600
2018 $4,627 $347,100 $152,000 $195,100
2017 $4,556 $347,100 $152,000 $195,100
2016 $4,546 $347,100 $152,000 $195,100
2015 -- $347,100 $152,000 $195,100
2014 $4,520 $368,700 $152,000 $216,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3854942

Canopy MLS (Canopy Realtor® Association)

APN: 095-091-63