NOT LISTED FOR SALE

197 Karlov Rd Garner, NC 27529

Estimated Value: $547,000

5 Beds
3.5 Baths
3,160 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $575,000 $182 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,412/month

172 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Traditional Architecture
  • Brick or Stone Mason
  • Zoned Heating and Cooling

About This Home

As of February 2023

Upon entering the Parker, you are greeted by a foyer that opens to a formal dining room w/ tray ceiling. Walk through the foyer and find the kitchen, great room and breakfast area as well as a guest suite on the first floor. The gourmet kitchen features a large island, granite counter tops, breakfast bar, SS appliances, ceramic tile backsplash, and walk-in pantry. Take oak tread stairs to 2nd floor and see a spacious owner’s suite with 2 walk-in closets, laundry room, loft, 3 additional bedrooms and full bathroom. Enjoy rear screened porch.

Last Agent to Sell the Property

Donald Tracy

Mattamy Homes LLC License #295456 Listed on: 07/21/2022

Last Buyer's Agent

Shruti Desai

RE/MAX EXECUTIVE License #249912

RE/MAX EXECUTIVE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,542 Sq Ft Lot

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • Bryan Road Elementary School
  • East Garner Middle School
  • South Garner High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Elite Management Association
  • Built by Mattamy Homes
  • Oak Park Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,838

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Builder Name: Mattamy Homes
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Oak Park
  • Above Grade Finished Sq Ft: 3160.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Architectural Style Traditional: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 3160.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10541.52
  • General Property Information Lot Size Acres: 0.242
  • General Property Information Builder Name: Mattamy Homes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.24
  • Home Warranty: Yes
  • Construction Type: Stone, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump, Zoned, None
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: No
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 34.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 34.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - South Garner
  • Middle Or Junior School: Wake - East Garner

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 10541.52
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Bryan Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Jan 16, 2023
Sold by
Mattamy Homes Llc
Bought by
Shah Parita Hitesh and Patel Nirav Alicesh
Seller's Agent
Donald Tracy
Mattamy Homes LLC
Buyer's Agent
Shruti Desai
RE/MAX EXECUTIVE
List Price
$661,693
Sold Price
$575,000
Premium/Discount to List
-$86,693
-13.1%
Current Estimated Value
$547,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,000
Avg. Annual Appreciation
-1.89%
Original Mortgage
$500,000
Outstanding Balance
$483,762
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$63,238
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
Shah Parita Hitesh $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Parita Hitesh $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $575,000 -- --
02/27/2023 02/27/23 Sold $575,000 -3.5% $182 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $596,048 -2.5% $189 / Sq Ft
10/21/2022 10/21/22 Price Changed $611,048 -3.9% $193 / Sq Ft
08/09/2022 08/09/22 Price Changed $636,048 -0.1% $201 / Sq Ft
08/02/2022 08/02/22 Price Changed $636,693 -3.8% $201 / Sq Ft
07/21/2022 07/21/22 For Sale $661,693 -- $209 / Sq Ft
Source: Doorify MLS

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
2025 $5,838 $561,000 $80,000 $481,000
2024 $5,818 $561,000 $80,000 $481,000
2023 $4,240 $395,297 $70,000 $325,297
2022 $820 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2463906

Doorify MLS

APN: 1629.03-12-1217-000