NOT LISTED FOR SALE

3048 Sherman Dr Lancaster, SC 29720

Estimated Value: $742,000 - $985,000

3 Beds
2.5 Baths
2,921 Sq Ft
$304/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $717,629 $246 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,033/month

Highlights

  • Fitness Center
  • 0.89 Acre Lot
  • Clubhouse
  • Under Construction
  • Open Floorplan
  • Wooded Lot

About This Home

As of April 2021

This beautifully designed Santa Fe Ranch plan is a fully designed home that that just started and will be completed in June. This home is located in the stunning and tranquil community, Riverchase Estates. This is the perfect escape from the busy life and only a 30 minute drive into Charlotte and only 19 miles away from Ballantyne. Riverchase Estates offer so much to the homeowners from a state of the art fitness center, amenities center with a resort style pool, basketball court, and river access! The Santa Fe is a ranch delight! Huge open living! Awesome Kitchen with an island that seats 8, Great Room, Dining Room and Outdoor Living Area that open to each other and feel like one HUGE space! The Santa Fe is so flexible that it's bound to fit the way you want to live. Escape to an Owner’s Retreat positioned away from all the secondary bedrooms!

Last Agent to Sell the Property

Lynn Wansley

EXP Realty LLC Ballantyne Brokerage Email: lwansley@classicahomes.com License #185811 Listed on: 03/04/2021

EXP Realty LLC Ballantyne

Last Buyer's Agent

Dena Parry

Corcoran HM Properties License #267092

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,590

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.89 Acre Lot
  • Irrigation
  • Wooded Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 2,921 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Covered patio or porch
  • Fireplace in Patio

Schools

  • Erwin Elementary School
  • A.R. Rucker Middle School
  • Lancaster High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0030L-0A-011.00

Community Details

Overview

  • Key Managemenr Association
  • Built by Classica Homes
  • Riverchase Estates Subdivision, Santa Fe A Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,590

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2021
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2020-09-11
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 245.68
  • Attribution Contact: lwansley@classicahomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2921
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Exhaust Hood, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2921
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Vented, Great Room, Porch
  • Living Area: 2921
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 8
  • Sq Ft Other: 110

Exterior Features

  • Exterior Features: In-Ground Irrigation, Other - See Remarks
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 759
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Garage Door Opener, Garage Faces Side

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Zoned
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Outdoor Pool, Playground, Recreation Area, Tennis Court(s), Walking Trails, Other
  • Association Fee: 1295
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Key Managemenr
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: A.R. Rucker
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 0.888
  • Lot Size Units: Acres
  • Parcel Number: 0030L-0A-011.00
  • Plat Reference Section Pages: 2008/808
  • Development Status: Under Construction
  • Lot Size Acres: 0.888
  • Lot Size Sq Ft: 38681
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Engineered Wood Products
  • Green Verification Count: 1

Building Info

  • Builder Name: Classica Homes

MLS Schools

  • Elementary School: Erwin
  • High School: Lancaster

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
Oct 14, 2020
Sold by
Morrow Veron and Morrow Christine
Bought by
Edwards Robert Malcolm and Edwards Sandra
Seller's Agent
angelo dieguez
Rinehart Realty Corporation
Buyer's Agent
Dena Parry
Corcoran HM Properties
List Price
$77,000
Sold Price
$70,000
Premium/Discount to List
-$7,000
-9.09%
Total Days on Market
0
Current Estimated Value
$887,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$817,201
Avg. Annual Appreciation
72.66%
Source: Public Records

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Range of Values:

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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
Edwards Robert Malcolm $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Robert Malcolm $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $717,629 0.0% $246 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $717,629 +925.2% $246 / Sq Ft
10/16/2020 10/16/20 Sold $70,000 -9.1% --
09/21/2020 09/21/20 Pending -- -- --
09/09/2019 09/09/19 For Sale $77,000 +10.0% --
09/02/2019 09/02/19 Off Market $70,000 -- --
03/01/2019 03/01/19 For Sale $77,000 -- --
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 $2,590 $18,288 $3,000 $15,288
2023 $2,580 $18,288 $3,000 $15,288
2022 $2,876 $18,288 $3,000 $15,288
2021 $1,462 $4,500 $4,500 $0
2020 $339 $4,500 $4,500 $0
2019 $352 $1,035 $1,035 $0
2018 $338 $1,035 $1,035 $0
2017 $318 $0 $0 $0
2016 $313 $0 $0 $0
2015 $244 $0 $0 $0
2014 $244 $0 $0 $0
2013 $244 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3715005

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0A-011.00