Seller's Agent in 2019
Lucy Butler
Cottingham Chalk
(704) 996-2423
84 Total Sales
2918 Somerset Dr Charlotte, NC 28209
Freedom Park NeighborhoodEstimated Value: $2,773,000 - $3,398,000
5
Beds
4.5
Baths
5,381
Sq Ft
$572/Sq Ft
Est. Value
Highlights
- Arts and Crafts Architecture
- Wood Flooring
- Wet Bar
- Dilworth Elementary School: Latta Campus Rated A-
- Fireplace
- Walk-In Closet
About This Home
As of May 2019Like-new craftsman-style home on a big lot near Freedom Park. Incredible outdoor living spaces- a front porch and an outdoor covered living room with a stone fireplace. Beautifully designed and appointed with a bright and open floor plan. Wide-cased openings and moldings reminiscent of the 1920's architecture. Master suite on the main level. Tremendous cook's kitchen features a lovely island, breakfast booth, and a wet bar- open to the family room. Big mud room next to the laundry room. This layout works well for people on the go. All bedrooms have bath access and share a spacious rec room. Across the back lawn is the garage with a guest suite, equipped with a mini-kitchen. The yard is a playing field and is secured at the driveway by a coded gate. Great attention is given lighting, moldings, light fixtures, and storage. A wonderful house for day to day living and entertaining.
Home Details
Home Type
- Single Family
Year Built
- Built in 2016
Lot Details
- Level Lot
- Irrigation
- Many Trees
Parking
- 2
Home Design
- Arts and Crafts Architecture
- Stone Siding
Interior Spaces
- Wet Bar
- Fireplace
- Crawl Space
Kitchen
- Breakfast Bar
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
Listing and Financial Details
- Assessor Parcel Number 151-064-29
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2019
Closed on
May 17, 2019
Sold by
Whelan Timothy C and Whelan Meegan B
Bought by
Harper Gregory A and Cook Harper Jennie H J
Seller's Agent
Lucy Butler
Cottingham Chalk
Buyer's Agent
Beth Livingston
Corcoran HM Properties
List Price
$1,845,000
Sold Price
$1,740,000
Premium/Discount to List
-$105,000
-5.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284,886
Avg. Annual Appreciation
8.90%
Original Mortgage
$139,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 7, 2015
Closed on
Sep 18, 2015
Sold by
Kabrich James P and Kabrich Laura Taylor
Bought by
Whelan Timothy C and Whelan Meegan B
Seller's Agent
Frank Lee
Greater Charlotte Properties
Buyer's Agent
Non Member
Canopy Administration
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.70%
Original Mortgage
$876,864
Interest Rate
3.94%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 27, 2008
Sold by
Kabrich Laura T
Bought by
Kabrich James P
Purchase Details
Closed on
Apr 30, 2007
Sold by
Swayngim Carolyn K
Bought by
Kabrich James P and Kabrich Laura T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.37%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Harper Gregory A | $1,740,000 | Investors Title Insurance Co | |
| Whelan Timothy C | $450,000 | Investors Title Insurance Co | |
| Kabrich James P | -- | None Available | |
| Kabrich James P | $360,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harper Gregory A | $1,680,000 | |
| Closed | Harper Gregory A | $139,200 | |
| Previous Owner | Whelan Timothy C | $250,000 | |
| Previous Owner | Whelan Timothy | $1,000,000 | |
| Previous Owner | Whelan Timothy C | $876,864 | |
| Previous Owner | Kabrich James P | $397,000 | |
| Previous Owner | Kabrich James P | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2019 05/20/19 | Sold | $1,740,000 | -3.1% | $323 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 01/30/2019 01/30/19 | Price Changed | $1,795,000 | -2.7% | $334 / Sq Ft |
| 01/21/2019 01/21/19 | For Sale | $1,845,000 | 0.0% | $343 / Sq Ft |
| 01/18/2019 01/18/19 | Price Changed | $1,845,000 | +310.0% | $343 / Sq Ft |
| 09/21/2015 09/21/15 | Sold | $450,000 | -9.8% | -- |
| 05/31/2015 05/31/15 | Pending | -- | -- | -- |
| 03/07/2015 03/07/15 | For Sale | $499,000 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $16,308 | $2,204,330 | $735,000 | $1,469,330 |
| 2022 | $15,455 | $1,588,580 | $550,000 | $1,038,580 |
| 2021 | $15,330 | $1,588,580 | $550,000 | $1,038,580 |
| 2020 | $15,437 | $1,547,800 | $550,000 | $997,800 |
| 2019 | $15,028 | $1,547,800 | $550,000 | $997,800 |
| 2018 | $14,829 | $1,124,700 | $270,000 | $854,700 |
| 2017 | $14,621 | $1,124,700 | $270,000 | $854,700 |
| 2016 | $3,495 | $270,000 | $270,000 | $0 |
| 2015 | $3,495 | $270,000 | $270,000 | $0 |
| 2014 | $3,468 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2019
Beth Livingston
Corcoran HM Properties
(704) 778-6831
41 Total Sales
-
Seller's Agent in 2015
Frank Lee
Greater Charlotte Properties
(704) 904-9690
1 in this area
15 Total Sales
-
N
Buyer's Agent in 2015
Non Member
NC_CanopyMLS
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3466473
APN: 151-064-29
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