NOT LISTED FOR SALE

4048 River Falls Dr Lowell, NC 28098

Estimated Value: $340,000 - $368,000

3 Beds
2.5 Baths
1,698 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $365,000 $215 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,106/month

3 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Covered Patio or Porch
  • Wooded Lot
  • Wood Flooring
  • Cul-De-Sac

About This Home

As of May 2022

Charming cul de sac home with brick front, large covered front porch, & great curb appeal. This home features a welcoming foyer, wood flooring throughout most of the main, & plenty of windows & natural light. The soaring vaulted living room is accented with columns, gas fireplace, & has a pass through to the kitchen- great for entertaining! The dining room is appointed with portrait molding & tray ceiling. The kitchen features ample cabinets, stainless steel appliances, & granite counter tops. All appliances convey. The main floor primary bedroom suite is spacious & features a walk-in closet, two vanities, garden tub, separate shower, and tile flooring. This home offers great storage with easily accessible walk-in attic spaces on the second floor off the hall closet and front bedroom. Relax and enjoy the outdoors on your deck. Newer roof (2018), HVAC (2019, 2021), and water heater. Additional parcel behind main property conveys. Transferable termite plan & HVAC warranties.

Last Agent to Sell the Property

Margaret Tavares

Berkshire Hathaway HomeServices Carolinas Realty License #266236 Listed on: 03/19/2022

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Jenny DeHart

Lake Norman Realty, Inc. License #308026

Lake Norman Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Zoning described as R1H

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Convection Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Lowell Elementary School
  • Holbrook Middle School
  • Ashbrook High School

Utilities

  • Central Heating
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Bumgardner Assoc Association, Phone Number (704) 829-7878
  • River Falls Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 127502

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Ratio Current Price By Acre: 1586956.52
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1195
  • 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: 503
  • Porch: Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 1698
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Tax Location: Lowell
  • Construction Type: Site Built
  • Construction Type: Brick Partial

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Closet
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Bumgardner Assoc
  • Phone: 704-829-7878
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Holbrook
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 127502
  • Additional Parcels Description: 227662
  • Zoning Description: R1H

Tax Info

  • RATIO List Price By Tax Amount: 1.71140

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Lowell
  • High School: Ashbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2016
Sold by
Griffith Scott T
Bought by
Thurman Carolyn
Current Estimated Value
$344,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Outstanding Balance
$119,674
Interest Rate
3.65%
Estimated Equity
$234,690

Purchase Details

Closed on
May 29, 2013
Sold by
Whisnant Ronald and Whisnant Tracey M
Bought by
Griffith Scott T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,350
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Maichle William R and Maichle Angela
Bought by
Whisnant Ronald and Whisnant Tracey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Wren Homes Inc
Bought by
Maichle William R and Brown Angela G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,779
Interest Rate
7.14%

Purchase Details

Closed on
Sep 12, 2001
Sold by
Riverbank Inc
Bought by
Wren Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,700
Interest Rate
6.98%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thurman Carolyn -- --
Griffith Scott T $155,000 None Available
Whisnant Ronald $179,000 None Available
Maichle William R $175,000 --
Wren Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thurman Carolyn $151,200
Closed Thurman Carolyn --
Previous Owner Griffith Scott T $119,350
Previous Owner Whisnant Ronald $170,050
Previous Owner Maichle William R $165,779
Previous Owner Wren Homes Inc $26,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2022 05/16/22 Sold $365,000 +8.6% $215 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $336,000 -- $198 / 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 $3,452 $322,960 $35,000 $287,960
2024 $3,452 $322,960 $35,000 $287,960
2023 $3,827 $322,960 $35,000 $287,960
2022 $2,768 $196,330 $30,000 $166,330
2021 $2,592 $196,330 $30,000 $166,330
2019 $2,493 $196,330 $30,000 $166,330
2018 $2,076 $159,672 $25,600 $134,072
2017 $2,076 $159,672 $25,600 $134,072
2016 $2,076 $159,672 $0 $0
2014 $2,277 $175,154 $40,000 $135,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3838291

Canopy MLS (Canopy Realtor® Association)

APN: 127502