NOT LISTED FOR SALE

Estimated Value: $4,093,408 - $4,601,000

5 Beds
6 Baths
7,288 Sq Ft
$607/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $2,700,000 $370 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $25,443/month

5 Days on Market

Highlights

  • In Ground Pool
  • 1.6 Acre Lot
  • Private Lot
  • Selwyn Elementary Rated A-
  • Fireplace in Primary Bedroom
  • Wooded Lot

About This Home

As of May 2021

Exquisite home on 1.6 acres in desirable SouthPark area. Gracious formal areas, high ceilings, custom moldings & premier finishes throughout. Gourmet kitchen with center island for entertaining. Breakfast area open to Sun Room with views of pool, outdoor living and professionally landscaped rear yard. Master suite with sitting area & FP open to a private screen porch. Master bath with marble flooring, soaking tub, & spacious closet. Rec room with fireplace & full bar area. Upper level includes 4 BR & 3 BA. Third floor features a bonus/play room. Outdoor entertainment features pool, firepit, and grilling station. Mature landscape creates private oasis. Plenty of parking with five-car garage, circular drive and gated courtyard area. This property is spectacular and close to retail, restaurant and all that SouthPark offers.

Last Agent to Sell the Property

Valerie Mitchener

Corcoran HM Properties Brokerage Email: valerie@hmproperties.com License #40959 Listed on: 03/23/2021

Corcoran HM Properties

Last Buyer's Agent

Kelly Stimart

Corcoran HM Properties License #124672

Corcoran HM Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,979

Year Built

  • Built in 1972

Lot Details

  • 1.6 Acre Lot
  • Fenced
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned R-3

Parking

  • 4 Car Garage

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Screened Porch
  • Crawl Space

Kitchen

  • Oven
  • Gas Range
  • Range Hood
  • Plumbed For Ice Maker
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Brick
  • Marble
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Fire Pit

Schools

  • Selwyn Elementary School
  • Alexander Graham Middle School
  • Myers Park High School

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Foxcroft Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17707825

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,979

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1972
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 370.47
  • Attribution Contact: valerie@hmproperties.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Brick, Marble, Tile, Wood
  • Interior Amenities: Built-in Features, Cable Prewire, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 5286
  • Third Level Sq Ft: 368
  • 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: 1634
  • Appliances: Disposal, Electric Water Heater, Exhaust Hood, Gas Range, Gas Water Heater, Oven, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 7288
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Bonus Room, Den, Fire Pit, Living Room, Primary Bedroom
  • Living Area: 7288
  • Bedroom Main: 1
  • Room Count: 19
  • Sq Ft Other: 1092
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: Fire Pit, In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Fenced
  • Waterfront Features: None
  • Exclusions: Basketball Goal
  • Construction Type: Brick Full
  • Patio And Porch Features: Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 1716
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Alexander Graham
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Private, Wooded
  • Lot Size Area: 1.6
  • Lot Size Units: Acres
  • Parcel Number: 17707825
  • Zoning: R-3
  • Lot Size Acres: 1.6
  • Lot Size Sq Ft: 69696
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Selwyn
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 5, 2021
Sold by
Hagner Donna Denise Mills and Hagner Joseph Adam
Bought by
Faraj Faris Nabil and Faraj Abeer Alwer
Seller's Agent
Valerie Mitchener
Corcoran HM Properties
Buyer's Agent
Kelly Stimart
Corcoran HM Properties
List Price
$2,650,000
Sold Price
$2,700,000
Premium/Discount to List
$50,000
1.89%
Current Estimated Value
$4,422,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,722,136
Avg. Annual Appreciation
11.72%
Original Mortgage
$2,152,000
Outstanding Balance
$1,950,249
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,471,887

Purchase Details

Closed on
Dec 4, 2018
Sold by
Smith David M
Bought by
Mills Donna Denise and Hagner Joseph Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2001
Sold by
Chartown
Bought by
Smith David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,513,684
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 10, 2000
Sold by
Hendrick Linda M
Bought by
Chartown
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
Faraj Faris Nabil $2,700,000 Chicago Title Insurance Co
Mills Donna Denise $2,000,000 None Available
Smith David B -- --
Smith David B $1,519,000 --
Chartown $1,503,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faraj Faris Nabil $2,152,000
Previous Owner Mills Donna Denise $1,600,000
Previous Owner Smith David B $1,513,684
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $2,700,000 +1.9% $370 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $2,650,000 -- $364 / 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 $23,979 $3,146,500 $935,000 $2,211,500
2024 $23,979 $3,146,500 $935,000 $2,211,500
2023 $23,219 $3,146,500 $935,000 $2,211,500
2022 $19,654 $2,023,700 $892,500 $1,131,200
2021 $19,643 $2,023,700 $892,500 $1,131,200
2020 $19,636 $2,023,700 $892,500 $1,131,200
2019 $19,620 $2,023,700 $892,500 $1,131,200
2018 $24,630 $1,871,800 $635,900 $1,235,900
2017 $24,292 $1,871,800 $635,900 $1,235,900
2016 $24,282 $1,871,800 $635,900 $1,235,900
2015 $24,271 $1,871,800 $635,900 $1,235,900
2014 $27,341 $2,123,900 $748,100 $1,375,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3711366

Canopy MLS (Canopy Realtor® Association)

APN: 177-078-25