NOT LISTED FOR SALE

2527 Lorelei Terrace Unit 348 Monroe, NC 28112

Estimated Value: $417,000 - $486,000

4 Beds
3.5 Baths
2,640 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $438,624 $166 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,702/month

22 Days on Market

Highlights

  • Community Cabanas
  • Pond
  • 2 Car Attached Garage
  • New Construction
  • Farmhouse Style Home
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Farmhouse single family home with hardi-board and stone exterior. This home has a 2 car attached garage with storage area. Walk in the front door to a private study with french doors, open kitchen with white cabinets, white quartz countertops, stainless steel appliances, with pendant lights. Open to dining and family room. Owners suite is on the first floor with walk in closet, trey ceiling. Owners bath will have separate tub and shower, quartz countertops, dual sinks and large window over tub. Upstairs offers a huge 20x20 recreational room. Perfect for pool table, movie room, bar area or game room. Bedroom upstairs will have a private bathroom. Down the hall will be 2 additional bedrooms with hall bath. Community is minutes from downtown Waxhaw and downtown Monroe. Easy commute to Charlotte. Community will offer pool, cabanna, picnic area.

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

Kristina Burdette

Coldwell Banker Realty License #130642

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,841

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Stone Siding
  • Hardboard

Interior Spaces

  • 2-Story Property

Kitchen

  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

Outdoor Features

  • Pond

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 09351332

Community Details

Overview

  • Built by Mattamy Homes
  • Waxhaw Landing Subdivision, Avalon/Farmhouse Floorplan
  • Mandatory home owners association

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,256

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2023
  • Proposed Completion Date: 2024-01-31
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.15
  • 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: 1419
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1221
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2640
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2640
  • Bedroom Main: 1
  • Room Count: 1

Exterior Features

  • New Construction: Yes
  • Construction Type: Site Built
  • 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: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Pond, Sidewalks, Street Lights
  • Association Fee: 169
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Waxhaw Landing
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 676.00

Schools

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

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 09351332
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Resident

Building Info

  • Builder Name: Mattamy Homes

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 18, 2024
Sold by
Mattamy Homes Llc
Bought by
Lewis David Randolph and Lewis Carla Andrea
Seller's Agent
Renee Poteat
SavAlex Realty, LLC
Buyer's Agent
Kristina Burdette
Coldwell Banker Realty
List Price
$440,624
Sold Price
$438,624
Premium/Discount to List
-$2,000
-0.45%
Views
36
Current Estimated Value
$447,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,744
Avg. Annual Appreciation
1.26%
Original Mortgage
$416,693
Outstanding Balance
$409,762
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$37,606
Source: Public Records

Range of Values:

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Average Value
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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
Lewis David Randolph $439,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis David Randolph $416,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $438,624 -1.1% $166 / Sq Ft
01/23/2024 01/23/24 Price Changed $443,624 +0.7% $168 / Sq Ft
01/11/2024 01/11/24 For Sale $440,624 -- $167 / 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 $3,256 $298,600 $43,600 $255,000
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: 4099947

Canopy MLS (Canopy Realtor® Association)

APN: 09-351-332