NOT LISTED FOR SALE

Estimated Value: $1,358,649 - $1,589,000

5 Beds
3.5 Baths
4,006 Sq Ft
$372/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $835,000 $208 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,529/month

92 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Outdoor Fireplace
  • Olde Providence Elementary Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of September 2018

Welcome to Paloma Springs, an exclusive new enclave nestled in South Charlotte. A mix of high-end modern design and everyday functionality, Paloma Springs is in a prime location just a few streets over from the Arboretum shopping center, between the Ballantyne & SouthPark areas. Open concept design features a welcoming entry with floating staircase; office; family room with gas log fireplace; spacious kitchen/dining area. Custom 4-panel sliding glass door opens to back deck. Kitchen with waterfall island, 42" cabinets, quartz countertops, & stainless steel appliances. Owner's suite on main with spacious walk-in closet. Luxurious bath with dual floating vanities & huge tiled walk-in shower with freestanding soaking tub inside. Upper level with 4 bedrooms, loft area, & bed/bonus room with balcony. Hardwoods on main & upstairs hallways, bonus, & loft. Laundry chute. Irrigation. Deck with gas fireplace & storage room. Ask about school option for South Charlotte MS and Providence HS!

Last Agent to Sell the Property

Nathan Parry

Southern Homes of the Carolinas, Inc License #286985 Listed on: 05/17/2018

Southern Homes of the Carolinas, Inc

Co-Listed By

Dena Parry

Corcoran HM Properties License #267092

Last Buyer's Agent

Nathan Parry

Southern Homes of the Carolinas, Inc License #286985 Listed on: 05/17/2018

Southern Homes of the Carolinas, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,481

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • Irrigation
  • Wooded Lot

Parking

  • Attached Garage
  • Shared Driveway

Home Design

  • Modern Architecture
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Laundry Chute

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Outdoor Fireplace

Community Details

  • Built by Goodwin Custom Homes

Listing and Financial Details

  • Assessor Parcel Number 211-272-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,481

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Modern
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95177
  • Ratio Close Price By Original Li: 0.95177
  • Ratio Current Price By Acre: 1518181.82
  • Ratio Current Price By Sq Ft: 208.44
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1980
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Ice Maker Connection, Microwave, Exhaust Hood, Refrigerator
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Kitchen Island, Laundry Chute, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 617
  • Main Level Sq Ft: 2026
  • Total Sq Ft: 4006
  • Sq Ft Unheated Main: 766
  • Sq Ft Unheated Total: 766

Exterior Features

  • Construction: Fiber Cement, Hard Stucco
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation, Outdoor Fireplace
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete, Shared
  • Parking: Attached Garage, Garage - 3 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Olde Providence
  • Middle School: Carmel
  • High School: Myers Park

Lot Info

  • Lot Dimension: 89X200
  • Lot Features: Wooded
  • Lot Size Area: 0.550
  • Parcel Number: 211-272-02
  • Plat Reference Section Pages: 577
  • Zoning Specification: R

Building Info

  • Builder Name: Goodwin Custom Homes

Tax Info

  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Johnson John Bradley and Jonine Aimee
Bought by
Frank Darren and Frank Tabitha
Current Estimated Value
$1,491,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,185,121
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$306,291

Purchase Details

Listed on
May 17, 2018
Closed on
Sep 21, 2018
Sold by
Piney Point Properties Llc
Bought by
Johnson John Bradley and Johnson Jonine Aimee
Seller's Agent
Nathan Parry
Southern Homes of the Carolinas, Inc
Buyer's Agent
Nathan Parry
Southern Homes of the Carolinas, Inc
List Price
$877,314
Sold Price
$835,000
Premium/Discount to List
-$42,314
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$668,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Frank Darren $1,500,000 Fortified Title
Johnson John Bradley $835,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Darren $1,200,000
Previous Owner Johnson John Bradley $668,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $835,000 -4.8% $208 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $877,314 0.0% $219 / Sq Ft
07/12/2018 07/12/18 Price Changed $877,414 0.0% $219 / Sq Ft
05/17/2018 05/17/18 For Sale $877,314 -- $219 / 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
2025 $8,481 $1,099,800 $81,000 $1,018,800
2024 $8,481 $1,099,800 $81,000 $1,018,800
2023 $8,206 $1,099,800 $81,000 $1,018,800
2022 $8,060 $835,200 $52,500 $782,700
2021 $8,060 $835,200 $52,500 $782,700
2020 $8,060 $835,200 $52,500 $782,700
2019 $8,151 $835,200 $52,500 $782,700
2018 $638 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3375533

Canopy MLS (Canopy Realtor® Association)

APN: 211-272-26