NOT LISTED FOR SALE

205 Falls Cove Dr Troutman, NC 28166

Troutman Area

Estimated Value: $427,000 - $439,000

5 Beds
3 Baths
2,997 Sq Ft
$145/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2025

Last sale price $408,000 $136 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,857 / mo

131 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • Breakfast Area or Nook
  • Clubhouse
  • Covered Patio or Porch
  • 2 Car Attached Garage

About This Home

As of December 2025

Welcome to this beautifully maintained home, featuring an open-concept floor plan with vinyl plank flooring throughout the main living areas. Inside, you'll find a private office with French doors, a formal dining room perfect for gatherings, and a guest bedroom with a full bathroom. The kitchen is a chef's delight, complete with quartz countertops, stainless steel appliances, a gas range, a breakfast bar, and a cozy breakfast nook. Upstairs, the spacious primary suite includes a rare garden tub, a separate shower, dual vanities, and an oversized walk-in closet. You'll also find a versatile loft area, generously sized secondary bedrooms.
Step outside to a charming covered front porch and an enhanced backyard featuring newly planted greenery designed to grow into a mature privacy screen. Located in a vibrant community, residents enjoy access to top-tier amenities including pool with fountains, a clubhouse with a fitness center, and walking trails.

Last Agent to Sell the Property

John Bolos

Keller Williams South Park Brokerage Email: john@jbolos.com License #273349 Listed on: 06/20/2025

Keller Williams South Park

Co-Listed By

Vicki Copeland

Keller Williams South Park Brokerage Email: john@jbolos.com License #313326

Last Buyer's Agent

Non Member

Canopy Administration

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • Open Lot
  • Property is zoned RSCZCC01

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Storm Doors

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4730-86-9420.000

Community Details

Overview

  • Cedar Managment Association
  • Falls Cove At Lake Norman Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

10,454 Sq Ft Lot

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 136.14
  • Geocode Confidence: High
  • Attribution Contact: john@jbolos.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1253
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 753
  • Sq Ft Unheated Total: 753
  • Sq Ft Upper: 1744
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2997
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors, Storm Door(s)
  • Fireplace Features: Gas, Living Room
  • Living Area: 2997
  • Bedroom Main: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Natural Gas, Underground Power Lines, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Managment
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 800.00

Schools

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

Lot Info

  • Lot Features: Open Lot
  • Lot Size Units: Acres
  • Parcel Number: 4730-86-9420.000
  • Additional Parcels: No
  • Zoning Specification: RSCZCC01

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Nov 26, 2025
Sold by
Bought by
Seller's Agent
John Bolos
Keller Williams South Park
Buyer's Agent
Non Member
Canopy Administration
List Price
$430,000
Sold Price
$408,000
Premium/Discount to List
-$22,000
-5.12%
Views
336
Current Estimated Value
$433,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,209
Avg. Annual Appreciation
9.51%

Purchase Details

Closed on
Mar 24, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,620
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$408,000 Mainstay National Title Llc
$297,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $285,589
Previous Owner $291,620
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/04/2025 12/04/25 Sold $408,000 -2.9% $136 / Sq Ft
07/22/2025 07/22/25 Price Changed $420,000 -2.3% $140 / Sq Ft
06/20/2025 06/20/25 For Sale $430,000 -- $143 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,912 $441,080 $60,000 $381,080
2024 $4,912 $441,080 $60,000 $381,080
2023 $4,912 $441,080 $60,000 $381,080
2022 $3,497 $296,910 $16,000 $280,910
2021 $3,463 $296,910 $16,000 $280,910
2020 $184 $16,000 $16,000 $0
2019 $23 $16,000 $16,000 $0
Source: Public Records

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Map

Source: Canopy MLS

MLS Number: 4270095

Canopy MLS

APN: 4730-86-9420.000

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