NOT LISTED FOR SALE

305 Prosperous Path Locust, NC 28097

Estimated Value: $338,000 - $387,000

3 Beds
2.5 Baths
2,127 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $310,000 $146 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,216/month

28 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Attached Garage
  • Locust Elementary School Rated A-
  • Corner Lot
  • Walk-In Closet

About This Home

As of December 2022

Like new 3 bedroom, 2.5 bathroom 2-story home w/loft in the Whispering Hills neighborhood. Bright & open floorplan with all new modern LVP throughout the main level (as of Nov 26, 2022). The dining area greets you as you enter the front door and continue through to the kitchen with a HUGE island, granite countertops, tile backsplash, black appliances, built-in pull-out trash drawer, & the refrigerator conveys! Spacious great room that is perfect for entertaining. The Devin floorplan by True Homes features the primary bedroom on the main level with a large walk-in closet. True laundry room with a folding station. The upper level offers two sizeable bedrooms and closets, plus a loft! The Loft is perfect for a home office, mini-gym, or media room. The backyard offers an oversized patio area and low maintenance white vinyl fenced-in yard with endless possibilities. Convenient to Albemarle, Concord, I-485, dining, and outdoor attractions. USDA 100% financing available for qualifying buyers!

Last Agent to Sell the Property

Sarah Rutkowski

RE/MAX Executive License #207268 Listed on: 11/30/2022

RE/MAX Executive

Last Buyer's Agent

Alison Alston

EXP Realty LLC Ballantyne License #294466

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 75x130x66x112
  • Fenced
  • Corner Lot
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Vinyl Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Patio

Schools

  • Locust Elementary School
  • West Stanly Middle School
  • West Stanly High School

Utilities

  • Zoned Heating
  • Heat Pump System

Community Details

  • Hawthorne Management Company Association, Phone Number (704) 377-0114
  • Built by True Homes
  • Whispering Hills Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5576-02-55-4425

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,653

Year Built

Built in 2020

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2020
  • Ratio Current Price By Acre: 1631578.95
  • Restrictions: Architectural Review
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: HOA CCR's & Bylaws
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 145.75
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Vinyl
  • Interior Amenities: Attic Other, Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1322
  • 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: 805
  • Porch: Covered,Front,Patio
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2127
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Locust
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 402
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level, Laundry Room
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 275
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne Management Company
  • Phone: 704-377-0114
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: West Stanly
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 275.00

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Parcel Number: 5576-02-55-4425
  • Lot Size: 75x130x66x112
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: True Homes

Tax Info

  • RATIO List Price By Tax Amount: 1.43806

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Locust
  • High School: West Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Sfr Jv-Hd Property Llc
Bought by
Sfr Jv-Hd 2024-1 Borrower Llc
Current Estimated Value
$360,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,592,000
Outstanding Balance
$317,259,353
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$316,897,329

Purchase Details

Listed on
Nov 30, 2022
Closed on
Dec 19, 2022
Sold by
Manuel Karen Elizabeth
Bought by
Sfr Jv-Hd Property Llc
Seller's Agent
Sarah Rutkowski
RE/MAX Executive
Buyer's Agent
Alison Alston
EXP Realty LLC Ballantyne
List Price
$350,000
Sold Price
$310,000
Premium/Discount to List
-$40,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jul 31, 2020
Sold by
True Homes Llc
Bought by
Manuel Karen Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,342
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2020
Sold by
Dependable Developmenttt Inc
Bought by
True Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000,000
Interest Rate
3.4%
Mortgage Type
Construction
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
Sfr Jv-Hd 2024-1 Borrower Llc -- None Listed On Document
Sfr Jv-Hd Property Llc $310,000 --
Manuel Karen Elizabeth $264,000 Independence Title Group Llc
True Homes Llc $52,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv-Hd 2024-1 Borrower Llc $320,592,000
Previous Owner Manuel Karen Elizabeth $224,342
Previous Owner True Homes Llc $40,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $310,000 -11.4% $146 / Sq Ft
11/30/2022 11/30/22 For Sale $350,000 -- $165 / 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 $2,653 $243,383 $55,000 $188,383
2023 $2,653 $243,383 $55,000 $188,383
2022 $2,749 $243,383 $55,000 $188,383
2021 $2,724 $243,383 $55,000 $188,383
2020 $336 $30,000 $30,000 $0
2019 $40 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3925743

Canopy MLS (Canopy Realtor® Association)

APN: 5576-02-55-4425