NOT LISTED FOR SALE

2405 Lorelei Terrace Unit 361 Monroe, NC 28112

Estimated Value: $389,293 - $411,000

4 Beds
2 Baths
1,882 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $393,516 $209 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,314/month

8 Days on Market

Highlights

  • Community Cabanas
  • Pond
  • 2 Car Attached Garage
  • Under Construction
  • Corner Lot
  • 1-Story Property

About This Home

As of April 2024

Large corner lot with French country style home including an enhanced elevation with tons of windows on side of home for natural light and extra stone work. This home is a ranch style with 4 bedrooms, 2 full baths with 2 car attached garage. Everything you need on one level. Exterior has hardi-board with stone accent. Large kitchen with white cabinets, white quartz and stainless steel appliances. Upgraded floor throughout. Step off the back of dining area to walk out through 8ft sliding glass doors to a partial fenced back yard. Flat yard space perfect for entertaining and grilling. Owners suite has trey ceilings, large owners bath with super shower and seat with oversized walk in closet. Three additional bedrooms and full bath. Community will have swimming pool, cabana, pocket parks and picnic pavilion. Minutes to downtown Waxhaw and downtown Monroe. Short commute in to Charlotte.

Last Agent to Sell the Property

Renee Poteat

SavAlex Realty, LLC Brokerage Email: renee.poteat@mattamycorp.com License #82230 Listed on: 01/11/2024

Co-Listed By

Tracy Olson

Mattamy Carolina Corporation Brokerage Email: renee.poteat@mattamycorp.com License #291889

Last Buyer's Agent

Maria Menjivar

Lifestyle International Realty License #114042

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • Partially Fenced Property
  • Corner Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • 1,882 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 09351345

Community Details

Overview

  • Built by Mattamy Homes
  • Waxhaw Landing Subdivision, Cascade/French Country Floorplan
  • Mandatory home owners association

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,742

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Proposed Completion Date: 2024-04-30
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.09
  • Geocode Confidence: High
  • Attribution Contact: renee.poteat@mattamycorp.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1882
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Range
  • Above Grade Finished Sq Ft: 1882
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1882
  • Bedroom Main: 4
  • Room Count: 1

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • Fencing: Partial
  • Construction Type: Hardboard Siding, Stone

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Cooling: Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Pond, Sidewalks, Street Lights
  • Association Fee: 179.25
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Waxhaw Landing
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 717.00

Schools

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

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 09351345
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Resident

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Mattamy Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2025
Sold by
Brunz Jonatan and Brunz Nickole Matos
Bought by
Haileyesus Kassahun Mamo and Weldemedhen Nbret Teshom
Current Estimated Value
$398,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,910
Outstanding Balance
$358,306
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$40,517

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 9, 2024
Sold by
Mattamy Homes Llc and Mattamy Carolina Corporation
Bought by
Brunz Jonatan and Brunz Nickole Matos
Seller's Agent
Renee Poteat
SavAlex Realty, LLC
Buyer's Agent
Maria Menjivar
Lifestyle International Realty
List Price
$398,516
Sold Price
$393,516
Premium/Discount to List
-$5,000
-1.25%
Views
110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$386,386
Interest Rate
6.9%
Mortgage Type
FHA
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
Haileyesus Kassahun Mamo $400,000 None Listed On Document
Brunz Jonatan $394,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haileyesus Kassahun Mamo $359,910
Previous Owner Brunz Jonatan $386,386
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2024 04/09/24 Sold $393,516 -1.3% $209 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $398,516 -- $212 / 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
2024 $1,742 $159,700 $43,600 $116,100
2023 $475 $43,600 $43,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4099999

Canopy MLS (Canopy Realtor® Association)

APN: 09-351-345