NOT LISTED FOR SALE

3114 Sherman Dr Lancaster, SC 29720

Estimated Value: $721,000 - $1,007,000

3 Beds
2.5 Baths
2,958 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $675,671 $228 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,135/month

64 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Under Construction
  • 1.02 Acre Lot
  • Clubhouse

About This Home

As of June 2020

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: 12/13/2019

EXP Realty LLC Ballantyne

Co-Listed By

Jeanette Westmoreland

SDH Charlotte LLC Brokerage Email: lwansley@classicahomes.com License #159213

Last Buyer's Agent

Lisa Pricher

NorthGroup Real Estate LLC License #276287

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 1.02 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

  • 2,958 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

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-015.00

Community Details

Overview

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

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2019 | 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: 2019
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2020-06-13
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 228.42
  • 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: 2958
  • 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 Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2958
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Vented, Great Room
  • Living Area: 2958
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3

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
  • 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 Units: Acres
  • Parcel Number: 0030L-0A-015.00
  • Plat Reference Section Pages: 2008/808
  • Development Status: Under Construction
  • Lot Size Acres: 1.023
  • Lot Size Sq Ft: 44561
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Engineered Wood Products

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
Dec 13, 2019
Closed on
Jun 10, 2020
Sold by
Classica Homes Llc
Bought by
Leabo Tracy Ann and Leabo William Joseph
Seller's Agent
Lynn Wansley
EXP Realty LLC Ballantyne
Buyer's Agent
Lisa Pricher
NorthGroup Real Estate LLC
List Price
$599,900
Sold Price
$675,671
Premium/Discount to List
$75,771
12.63%
Current Estimated Value
$892,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,569
Avg. Annual Appreciation
5.15%
Original Mortgage
$365,000
Outstanding Balance
$256,592
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$635,648

Purchase Details

Closed on
Oct 31, 2019
Sold by
Lgi Land Sc Llc
Bought by
Classica Homes Llc

Purchase Details

Closed on
Aug 21, 2019
Sold by
Lgi Land Llc
Bought by
Lgi Land Sc Llc

Purchase Details

Closed on
Aug 24, 2010
Sold by
Floden Properties Llc
Bought by
Lgi Land Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leabo Tracy Ann $675,711 None Available
Classica Homes Llc $54,000 None Available
Lgi Land Sc Llc -- None Available
Lgi Land Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leabo Tracy Ann $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $675,671 +12.6% $228 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $599,900 -- $203 / 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 $4,069 $25,932 $3,000 $22,932
2023 $4,053 $25,932 $3,000 $22,932
2022 $4,039 $25,932 $3,000 $22,932
2021 $3,865 $25,932 $3,000 $22,932
2020 $1,458 $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: 3575624

Canopy MLS (Canopy Realtor® Association)

APN: 0030L-0A-015.00