NOT LISTED FOR SALE

2705 Manor Stone Way Unit 394 Indian Trail, NC 28079

Estimated Value: $604,000 - $648,537

5 Beds
3 Baths
2,875 Sq Ft
$218/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $400,145 $139 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,633/month

Highlights

  • Under Construction
  • Ranch Style House
  • Tray Ceiling
  • Shiloh Valley Primary School Rated A-
  • Attached Garage
  • Walk-In Closet

About This Home

As of January 2020

Now selling in the non age-restricted Phase of Heritage. The popular Marvin II plan is our highly desirable 1.5 story split bedroom ranch home. 5 Beds, 3 Baths. Kitchen opens up into the casual dining room and family room. This home has large bedroom, bonus room and full bath on the top floor. This home has tons of popular upgrades including gourmet kitchen with natural gas cooktop and wall oven, convection microwave and farm house sink. Kitchen also has upgraded granite countertops and 36” staggered cabinets. Luxury vinyl plank floors throughout the main living areas including all first floor bedrooms of home for easy care and maintenance, dining room picture moulding and crown molding throughout first floor main living areas. Home will also have screened porch and 300 sq. ft. pavered outdoor living area with fire pit.

Last Agent to Sell the Property

Alan Beulah

M/I Homes License #40726 Listed on: 10/21/2019

Last Buyer's Agent

Alan Beulah

M/I Homes License #40726 Listed on: 10/21/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 9,148

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Additional Features

  • Fire Pit
  • Many Trees

Community Details

  • Association Management Solutions Association, Phone Number (803) 831-7023
  • Built by M/I Homes

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Ranch, Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1905452.38
  • Ratio Current Price By Sq Ft: 139.18
  • Special Assessment Description: $1,000 one time capital contribution
  • Special Assessment Yn: Yes
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 679
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, CO Detector, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 803-831-7023
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 2196
  • Total Sq Ft: 2875

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: Fire pit
  • New Construction: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Fee: 775.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Association Management Solutions
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sun Valley
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Dimension: 73x135
  • Lot Features: Trees
  • Lot Size Area: 0.210
  • Zoning Specification: RES

Building Info

  • Builder Name: M/I Homes

Tax Info

  • Tax Value: 400145.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Jan 24, 2020
Sold by
M I Homes Of Charlotte Llc
Bought by
Davis Charles Ray and Davis Valerie Lynn
Seller's Agent
Alan Beulah
M/I Homes
Buyer's Agent
Alan Beulah
M/I Homes
List Price
$400,145
Sold Price
$400,145
Current Estimated Value
$626,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,124
Avg. Annual Appreciation
8.13%
Original Mortgage
$320,116
Outstanding Balance
$284,137
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$342,132

Purchase Details

Closed on
Mar 26, 2019
Sold by
Vk Heritage Llc
Bought by
Mi Homes Of Charlotte Llc
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
Davis Charles Ray $400,500 Transohio Title Agency
Mi Homes Of Charlotte Llc $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Charles Ray $320,116
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $400,145 0.0% $139 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $400,145 -- $139 / 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 $2,942 $362,000 $66,700 $295,300
2023 $2,934 $362,000 $66,700 $295,300
2022 $2,934 $362,000 $66,700 $295,300
2021 $2,929 $362,000 $66,700 $295,300
2020 $1,744 $52,000 $52,000 $0
2019 $495 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3562017

Canopy MLS (Canopy Realtor® Association)

APN: 07-120-677