NOT LISTED FOR SALE

2078 Feldspar Dr Davidson, NC 28036

Estimated Value: $608,000 - $676,000

5 Beds
4 Baths
3,105 Sq Ft
$204/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $500,000 $161 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,934/month

16 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Tray Ceiling
  • W.R. Odell Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of October 2021

Coveted 5BR/4.5BA home in highly sought after WATERFORD ON THE ROCKY RIVER! Move-in ready w/open floorplan & hardwood floors throughout! Enjoy cooking for friends & family in the gourmet kitchen w/beautiful ebony cabinets, tons of counter space, huge island PLUS breakfast bar, stainless steel appliances, gas range, granite & large walk-in pantry. Your guests will appreciate having their own private main level bedroom w/full bathroom. Enjoy your morning coffee on the covered front porch. Curl up with a good book in front of the gas fireplace. Work from home? You will love the quiet main level study. Relax at the end of the day in the private master suite w/tray ceiling, enormous walk-in closet, large shower, soaking tub, dual vanities & tile. Large secondary bedrooms. Upstairs laundry & huge flat yard. 5th BR could be used as a BONUS room. Tons of storage! Just a quick walk to the neighborhood pool and playground. Faces west. Must see! Showings begin 8/27.

Last Agent to Sell the Property

Amy Gramlich

Southern Homes of the Carolinas, Inc License #283988 Listed on: 08/27/2021

Last Buyer's Agent

Sudhakar Meenige

Sudhakar Homes License #298516

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Level Lot

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 4672-74-5405-0000

Community Details

Overview

  • Kuester Association
  • Built by Lennar

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97087
  • Ratio Close Price By Original Li: 0.97087
  • Ratio Current Price By Acre: 1785714.29
  • Ratio Current Price By Sq Ft: 161.03
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1581
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Exhaust Fan, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Surround Sound
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 120
  • Main Level Sq Ft: 1524
  • Total Sq Ft: 3105
  • Sq Ft Unheated Main: 114
  • Sq Ft Unheated Total: 114

Exterior Features

  • Construction: Brick Partial
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Street Lights, Walking Trails
  • Association Fee: 165.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Kuester
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: W.R. Odell
  • Middle School: HARRISRD
  • High School: Northwest Cabarrus

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.280
  • Parcel Number: 4672-74-5405-0000
  • Zoning Specification: RM-2

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Value: 349210.00
  • Tax Location: Kannapls/cab

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 14, 2021
Sold by
Korat Kaushik and Bhesania Dimple
Bought by
Mahamkali Naarasimharao and Danda Sowjanya
Seller's Agent
Amy Gramlich
Southern Homes of the Carolinas, Inc
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Current Estimated Value
$634,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,177
Avg. Annual Appreciation
6.14%
Original Mortgage
$475,000
Outstanding Balance
$433,156
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,021

Purchase Details

Closed on
Nov 21, 2019
Sold by
Korat Kaushik and Bhesania Dimple
Bought by
Korat Kaushik and Bhesania Dimple

Purchase Details

Closed on
Dec 23, 2014
Sold by
Lennar Carolinas Llc
Bought by
Korat Kaushik and Bhesania Dimple

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mahamkali Naarasimharao $500,000 Investors Title
Korat Kaushik -- None Available
Korat Kaushik $289,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahamkali Naarasimharao $475,000
Previous Owner Korat Kaushik $230,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $500,000 -2.9% $161 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $515,000 -- $166 / 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
2025 $6,199 $545,890 $114,000 $431,890
2024 $6,199 $545,890 $114,000 $431,890
2023 $4,813 $351,300 $75,000 $276,300
2022 $4,784 $349,210 $75,000 $274,210
2021 $4,784 $349,210 $75,000 $274,210
2020 $4,784 $349,210 $75,000 $274,210
2019 $4,067 $296,880 $44,000 $252,880
2018 $4,008 $296,880 $44,000 $252,880
2017 $3,949 $296,880 $44,000 $252,880
2016 $3,949 $287,850 $55,000 $232,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3746314

Canopy MLS (Canopy Realtor® Association)

APN: 4672-74-5405-0000