NOT LISTED FOR SALE

3531 Melica Dr Terrell, NC 28682

Estimated Value: $1,117,581 - $1,234,000

4 Beds
4 Baths
3,807 Sq Ft
$308/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $725,000 $190 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,635/month

70 Days on Market

Highlights

  • Community Lake
  • Engineered Wood Flooring
  • Attached Garage
  • Sherrills Ford Elementary School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of November 2020

BOAT SLIP INCLUDED! 2 story, 4 beds & 4 full baths situated on 0.71 acres in gated community just 2 minute walk to lake. 3 car garage. Cabinets, closets & pantry are custom built. House offers tons of storage on it's own, never mind the cabinet/closet storage. Great room w/ 5.1 Dolby surround (w/6 speakers & subwoofer). Wiring/speakers for screened-in porch & 2 speakers wired for outside. 11'-6" (Approx) exterior sliding pocket door between great room & screened in porch...awesome in Spring & Fall to open up & let the outside in. 2 beds up connected by Jack-n-Jill bathroom, each side w/own vanity & share toilet &shower/bathtub. 2 bathrooms w/ showers only, Master Bath is shower & stand-alone tub. Unfinished space upstairs could be made into another room. Central Heating/Air w/2 thermostats (upstairs & downstairs). Majority of appliances/Thermostats are "Smart" appliances & Energy Star rated. 2 water heaters. Irrigation system. Exterior cameras installed.

Last Agent to Sell the Property

Tracey Walker

Carolina Signature Realty License #244282 Listed on: 08/05/2020

Last Buyer's Agent

Tonja Blundy

Espin Realty License #313947

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.71

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Additional Features

  • Fire Pit
  • Septic Tank

Community Details

  • Hidden Harbour HOA, Phone Number (704) 794-8474
  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 4617088766050000

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96796
  • Ratio Close Price By Original Li: 0.96796
  • Ratio Current Price By Acre: 1021126.76
  • Ratio Current Price By Sq Ft: 190.44
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1418
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Beverage Refrigerator, Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven, Exhaust Hood, Microwave, Propane, Refrigerator, Surround Sound
  • Fireplace Description: Wood burning w/Gas Starter
  • Fireplace: Yes
  • Fixture Exception Description: refrigerator in garage, up right freezer in garage, bar stools
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-794-8474
  • Interior Amenities: Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 1197
  • Main Level Sq Ft: 2389
  • Total Sq Ft: 3807

Exterior Features

  • Construction: Cedar Shake, Stone
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

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

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake
  • Association Fee: 150.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hidden Harbour HOA
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 86x269x161x243
  • Parcel Number: 4617088766050000
  • Plat Book Slide: 66/178
  • Zoning Specification: R-30

Tax Info

  • Tax Value: 530500.00
  • Tax Location: Sherrills Ford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Nov 24, 2020
Sold by
Tallent Richard and Tallent Rheva
Bought by
Harman Marcia M and Harman Darryl W
Seller's Agent
Tracey Walker
Carolina Signature Realty
Buyer's Agent
Tonja Blundy
Espin Realty
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$1,173,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,895
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Nov 16, 2017
Sold by
Redhead Land And Development Llc
Bought by
Tallent Richard and Tallent Rheva
Seller's Agent
Nick Marinelli
Mossy Oak Properties Land and Luxury
Buyer's Agent
Kimberly Sharpe
Tarheel Realty II
List Price
$90,000
Sold Price
$77,500
Premium/Discount to List
-$12,500
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.39%

Purchase Details

Closed on
Mar 29, 2011
Sold by
Hidden Harbour Llc
Bought by
X Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Harman Marcia M $725,000 Investors Title Ins Agcy
Tallent Richard $77,500 None Available
X Holdings Llc $925,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2020 11/25/20 Sold $725,000 -3.2% $190 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $749,000 +866.5% $197 / Sq Ft
12/13/2017 12/13/17 Sold $77,500 -13.9% $22 / Sq Ft View Prior Sale
11/01/2017 11/01/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $90,000 -- $26 / 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 $5,204 $1,056,700 $90,500 $966,200
2024 $5,204 $1,056,700 $90,500 $966,200
2023 $5,099 $600,700 $69,200 $531,500
2022 $4,235 $600,700 $69,200 $531,500
2021 $4,235 $600,700 $69,200 $531,500
2020 $3,740 $530,500 $69,200 $461,300
2019 $3,740 $530,500 $0 $0
2018 $475 $69,400 $69,400 $0
2017 $475 $0 $0 $0
2016 $475 $0 $0 $0
2015 $427 $69,400 $69,400 $0
2014 $427 $71,100 $71,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3643811

Canopy MLS (Canopy Realtor® Association)

APN: 4617088766050000