$262,500
SOLD JUN 29, 2018

4012 Magna Ln Indian Trail, NC 28079

5 Beds
2.5 Baths
2,822 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Pond
  • Wood Flooring
  • Tennis Courts
  • Sun Valley Elementary School Rated A-
  • Community Pool
  • Fireplace

About This Home

As of September 2022

Willing to put in some sweat equity to get an awesome deal on a large home? SO much space in this FIVE bedroom Taylor Glenn home! Fantastic floor plan with large great room open to kitchen and breakfast area, plus a sunroom, dining room, and flex room downstairs! Kitchen with gorgeous cabinets and brushed nickel hardware, Corian countertops and stainless steel appliances! Large closets in each bedroom, smooth ceilings throughout, 2" blinds on lower level, upstairs laundry room, and dual zone AC! Backyard has privacy fence and backs to common area! The seller is also offering a home warranty and $10,000 flooring allowance to the buyers at closing! Priced right for condition and very low for a home this size in this neighborhood! Don't miss this opportunity!

Last Agent to Sell the Property

Katie Kane

Bloom Real Estate Group License #101349 Listed on: 04/21/2018

Last Buyer's Agent

Jefferson Davis

ERA Live Moore License #258319

ERA Live Moore

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 07-096-537

Community Details

Overview

  • Braesael Association, Phone Number (704) 847-3507
  • Built by Bonterra

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.99094
  • Ratio Close Price By Original Li: 0.95455
  • Ratio Current Price By Acre: 1141304.35
  • Ratio Current Price By Sq Ft: 93.02
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1480
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Kitchen Island, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 204
  • Main Level Sq Ft: 1342
  • Total Sq Ft: 2822
  • Sq Ft Unheated Main: 420
  • Sq Ft Unheated Total: 420

Exterior Features

  • Construction: Cedar Shake, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Pond, Outdoor Pool, Tennis Court(s)
  • Association Fee: 700.54
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesael
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sun Valley
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Size Area: 0.230
  • Parcel Number: 07-096-537
  • Plat Reference Section Pages: 892
  • Zoning Specification: AE4

Building Info

  • Builder Name: Bonterra

Tax Info

  • Tax Value: 230400.00
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Sep 21, 2022
Sold by
Meyer Justin F and Meyer Leaanne Kendall
Bought by
Mount Travis A and Reeves Bailey R
Seller's Agent
Mary Ross
Ross & Associates Real Estate
Buyer's Agent
Jeffrey Barkley
ERA Live Moore
List Price
$474,900
Sold Price
$452,900
Premium/Discount to List
-$22,000
-4.63%
Views
8
Current Estimated Value
$490,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,316
Avg. Annual Appreciation
3.10%
Original Mortgage
$316,000
Outstanding Balance
$304,347
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$191,107

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jun 29, 2018
Sold by
Smith Trevayne F and Smith Janet L
Bought by
Meyer Justin F
Seller's Agent
Katie Kane
Bloom Real Estate Group
Buyer's Agent
Jefferson Davis
ERA Live Moore
List Price
$275,000
Sold Price
$262,500
Premium/Discount to List
-$12,500
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$262,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2005
Sold by
Bonterra Builders Llc
Bought by
Smith Trevayne Friend and Smith Janet Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
7.87%
Mortgage Type
Balloon
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 Type Sale Price Title Company
Warranty Deed $453,000 --
Warranty Deed $262,500 None Available
Warranty Deed $240,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Previous Owner $263,000 New Conventional
Previous Owner $262,500 Adjustable Rate Mortgage/ARM
Previous Owner $199,300 New Conventional
Previous Owner $210,000 Unknown
Previous Owner $10,000 Stand Alone Second
Previous Owner $191,900 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $452,900 -0.4% $160 / Sq Ft
08/08/2022 08/08/22 Price Changed $454,900 -2.2% $161 / Sq Ft
07/31/2022 07/31/22 Price Changed $464,900 -2.1% $165 / Sq Ft
07/23/2022 07/23/22 For Sale $474,900 +80.9% $168 / Sq Ft
06/29/2018 06/29/18 Sold $262,500 -0.9% $93 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $264,900 -1.9% $94 / Sq Ft
05/06/2018 05/06/18 Price Changed $269,900 -1.9% $96 / Sq Ft
04/21/2018 04/21/18 For Sale $275,000 -- $97 / 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 $2,610 $314,600 $58,300 $256,300
2023 $2,578 $311,500 $58,300 $253,200
2022 $2,578 $311,500 $58,300 $253,200
2021 $2,573 $311,500 $58,300 $253,200
2020 $1,774 $230,400 $37,000 $193,400
2019 $2,245 $230,400 $37,000 $193,400
2018 $1,766 $230,400 $37,000 $193,400
2017 $2,346 $230,400 $37,000 $193,400
2016 $2,302 $230,400 $37,000 $193,400
2015 $1,854 $230,400 $37,000 $193,400
2014 $1,633 $237,710 $44,000 $193,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3381924

Canopy MLS (Canopy Realtor® Association)

APN: 07-096-537