NOT LISTED FOR SALE

2555 Lorelei Terrace Unit 342 Monroe, NC 28112

Estimated Value: $393,000 - $450,000

4 Beds
2 Baths
1,882 Sq Ft
$222/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $398,240 $212 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,568/month

91 Days on Market

Highlights

  • Under Construction
  • Farmhouse Style Home
  • Front Porch
  • Private Lot
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of March 2024

The Cascades Ranch Floor plans offers an open concept live large floor plan. All stainless steel appliances, granite counter tops, tile subway backsplash in kitchen, gas stove, vented microwave and dishwasher. Tile in all bathrooms and laundry room and quartz counter tops in bathrooms. Waxhaw Landing offers the perfect slice of small-town life. Our single-family home designs bring distinctive elegance to this location near historic Waxhaw and downtown Monroe, NC. Future pool, cabana, pocket park, playground resort living at its best!!

This home backs to common open space!!

Last Agent to Sell the Property

Tracy Olson

Mattamy Carolina Corporation Brokerage Email: tracy.olson@mattamycorp.com License #291889 Listed on: 10/24/2023

Co-Listed By

Renee Poteat

SavAlex Realty, LLC Brokerage Email: tracy.olson@mattamycorp.com License #82230

Last Buyer's Agent

Renee Poteat

SavAlex Realty, LLC Brokerage Email: tracy.olson@mattamycorp.com License #82230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Private Lot

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 1,882 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Walter Bickett Elementary School
  • Monroe Middle School
  • Monroe High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09351326

Community Details

Overview

  • Kuester Association, Phone Number (803) 802-0004
  • Built by Mattamy Homes
  • Waxhaw Landing Subdivision, Cascades/Farmhouse Floorplan

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Proposed Completion Date: 2024-01-15
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 211.60
  • Geocode Confidence: High
  • Attribution Contact: tracy.olson@mattamycorp.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown
  • 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 Fan, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1882
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s), Sliding Doors
  • Living Area: 1882
  • Window Features: Insulated Window(s)
  • Bedroom Main: 4
  • Room Count: 8

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Stone Veneer
  • Patio And Porch Features: 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: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Gas, Underground Utilities
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalks
  • Association Fee: 179.25
  • Association Fee Frequency: Quarterly
  • Complex Name: Waxhaw Landing
  • Senior Community: No
  • Association Name: Kuester
  • Phone: 803-802-0004
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: support@kuester.com

Association/Amenities

  • Association Annual Expense: 717.00

Schools

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

Lot Info

  • Lot Features: Private, Other - See Remarks
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 09351326
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Building Info

  • Builder Name: Mattamy Homes

MLS Schools

  • Elementary School: Walter Bickett
  • High School: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2025
Sold by
Marvelli Richard
Bought by
Marvelli Christopher and Marvelli Yaniza
Current Estimated Value
$418,505

Purchase Details

Listed on
Oct 24, 2023
Closed on
Mar 19, 2024
Sold by
Mattamy Homes Llc
Bought by
Marvelli Richard and Marvelli Yaniza
Seller's Agent
Tracy Olson
Mattamy Carolina Corporation
Buyer's Agent
Renee Poteat
SavAlex Realty, LLC
List Price
$398,740
Sold Price
$398,240
Premium/Discount to List
-$500
-0.13%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$390,535
Interest Rate
6.63%
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
Marvelli Christopher -- None Listed On Document
Marvelli Richard $398,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marvelli Richard $390,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $398,240 -0.9% $212 / Sq Ft
01/08/2024 01/08/24 Price Changed $401,740 +0.8% $213 / Sq Ft
10/24/2023 10/24/23 For Sale $398,740 -- $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 $2,800 $256,800 $43,600 $213,200
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: 4081032

Canopy MLS (Canopy Realtor® Association)

APN: 09-351-326