NOT LISTED FOR SALE

4038 Lake Prairie Dr Weddington, NC 28104

Estimated Value: $860,199 - $1,025,000

5 Beds
3 Baths
3,347 Sq Ft
$285/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $535,000 $160 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,610/month

15 Days on Market

Highlights

  • Open Floorplan
  • Community Lake
  • Private Lot
  • Weddington Elementary School Rated A
  • Clubhouse
  • Pond

About This Home

As of June 2020

Lake Forest Preserve is known for it's large private home sites (.42 acre), excellent recreational amenities and highly rated Weddington Schools. This stunning NEW Listing has the added privacy of being on the Preserve with Desirable Handscraped Hardwoods and A GUEST BEDROOM on the Main. Custom molding lends Craftsman Character to this 2012 Orleans Built Home. Plantation Shutters allow light control and privacy to this expanded gathering space. The Open Kitchen features Espresso Cabinetry, Granite Counter tops, Subway-tile Back splash and Stainless Steel appliances. There is also a Butler's Pantry for additional Storage and Serving space. French doors off the Foyer open to the Formal Living Room, ideal for Home Office. The Luxury Owner's Suite features two Walk-in Closets. The Owner's Bath features Double Vanities, Step-in Shower and Garden Tub. Ample sized Bedrooms, Closets and a large bright Bonus Room. Outdoor living features Custom Patio, Fire-pit and Fenced yard, a private oasis.

Last Agent to Sell the Property

Karin Hull

RE/MAX Executive License #236758 Listed on: 04/09/2020

RE/MAX Executive

Last Buyer's Agent

Bryan Saldarini

EXP Realty LLC Mooresville License #270892

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Pond
  • Fire Pit

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-099-365
  • Tax Block 037

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 937-9017
  • Built by Orleans
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Ratio Close Price By List Price: 0.96396
  • Ratio Close Price By Original Li: 0.96396
  • Ratio Current Price By Acre: 1273809.52
  • Ratio Current Price By Sq Ft: 159.84
  • Year Built: 2012
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1708
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Network Ready, Self Cleaning Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-937-9017
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1639
  • Total Sq Ft: 3347

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit, In-Ground Irrigation

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat, Natural Gas
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Playground, Pond, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 1200.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Kuester Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Weddington
  • Middle School: Weddington
  • High School: Weddington

Lot Info

  • Lot Dimension: 127' x 150' x 115' x 150'
  • Lot Features: Green Area, Level, Private
  • Lot Size Area: 0.420
  • Parcel Number: 06-099-365
  • Plat Book Slide: 5949
  • Plat Reference Section Pages: 37
  • Zoning Specification: RA40

Building Info

  • Builder Name: Orleans

Tax Info

  • Tax Value: 428000.00
  • Tax Block: 037
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 21, 2020
Sold by
Frey Edward C and Frey Abby T
Bought by
Lindgren Steven and Lindgren Melissa
Seller's Agent
Karin Hull
RE/MAX Executive
Buyer's Agent
Bryan Saldarini
EXP Realty LLC Mooresville
List Price
$555,000
Sold Price
$535,000
Premium/Discount to List
-$20,000
-3.6%
Current Estimated Value
$954,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,300
Avg. Annual Appreciation
9.89%
Original Mortgage
$508,250
Outstanding Balance
$456,248
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$419,672

Purchase Details

Closed on
Feb 26, 2013
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Frey Edward C and Frey Abby T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,700
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Lindgren Steven $535,000 Barristers Title Services
Frey Edward C $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindgren Steven $508,250
Previous Owner Frey $50,000
Previous Owner Frey Edward C $326,700
Previous Owner Parker & Orleans Homebuilders Inc $160,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $535,000 -3.6% $160 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $555,000 -- $166 / 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 $3,723 $529,800 $124,500 $405,300
2023 $3,323 $524,900 $124,500 $400,400
2022 $3,338 $524,900 $124,500 $400,400
2021 $3,338 $524,900 $124,500 $400,400
2020 $3,128 $428,000 $93,000 $335,000
2019 $3,351 $428,000 $93,000 $335,000
2018 $0 $428,000 $93,000 $335,000
2017 $3,029 $387,800 $93,000 $294,800
2016 $2,972 $387,800 $93,000 $294,800
2015 $3,011 $387,800 $93,000 $294,800
2014 $687 $367,650 $100,000 $267,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3610655

Canopy MLS (Canopy Realtor® Association)

APN: 06-099-365