NOT LISTED FOR SALE

4055 River Falls Dr Lowell, NC 28098

Estimated Value: $371,000 - $476,000

5 Beds
3 Baths
2,877 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $425,000 $148 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,684/month

2 Days on Market

About This Home

As of February 2022

Located at the end of a cul-de-sac, there's plenty of space to hang out and relax outdoors at this home - enjoy its covered front porch, screened main level deck and walk-out patio with a firepit. Need a home office? The main floor boasts of a unique 3rd bedroom that has a built-in loft bed with space underneath to set up your in-home office. Like to entertain? Wow your guests with the open floorplan and the updated subway-tiled kitchen with its 36" gas range. Move right in - the entire interior has been painted, the primary bath is a show-stopper, and the main level bedrooms, basement bedrooms and upstairs bonus room have new carpet. Glimpse the river from the property and enjoy George Poston Park just minutes away.

Last Agent to Sell the Property

Maureen O'Keefe

R2R Realty LLC License #283122 Listed on: 02/05/2022

Last Buyer's Agent

Kristin Topoozian

Keller Williams South Park License #300387

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • 2001

Lot Details

  • 0.29

HOA Fees

  • $13 per month

Interior Spaces

  • Insulated Doors
  • Screened Porch

Utilities

  • Gas Water Heater

Community Details

  • Mandatory Home Owners Association

Home Details

Home Type

Single Family

Year Built

2001

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Directions: 85 to exit 22 Lowell/McAdenville. Take Main St through town. Right on River Falls Dr. House on the left side of the cul de sac.
  • Lot Size: 64x138x169x197
  • New Construction: No
  • Road Surface Type: Concrete
  • Structure Type: One Story/Basement/F.R.O.G.
  • Subdivision Name: River Falls
  • Ratio Current Price By Acre: 1465517.24
  • Doors and Windows: g-Insulated Door(s)
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Appliances: Cable Prewire, Ceiling Fan(s), Dishwasher, Electric Dryer Hookup, Gas Range, Microwave
  • Fireplace Features: Family Room, Gas Log
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1057
  • Fireplace: Yes
  • Flooring: Carpet, Concrete, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Kitchen Island, Split Bedroom, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Total Bedrooms: 3
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 362
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1540
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 471
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 359
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 830
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 280
  • Porch: Back,Covered,Front,Screened
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Total Bedrooms: 0

Exterior Features

  • Roof: Composition
  • Exterior Features: Fire Pit
  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Slab
  • Construction Type: Vinyl Siding
  • Lot Features: Cul-De-Sac, Sloped
  • Tax Location: Lowell
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Laundry Features: In Basement
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 160
  • Association Fee Frequency: Annually
  • Association Name: Bumgarner HOA Management
  • Phone: 704-829-7878
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Zoning Description: R1
  • Plat Book Slide: 061/091

Tax Info

  • RATIO List Price By Tax Amount: 1.69441

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Feb 22, 2022
Sold by
Tortorich Matthew J and Tortorich Lori A
Bought by
Emenhiser Nicolas and Emenhiser Amanda
Seller's Agent
Maureen O'Keefe
R2R Realty LLC
Buyer's Agent
Kristin Topoozian
Keller Williams South Park
List Price
$389,900
Sold Price
$425,000
Premium/Discount to List
$35,100
9%
Current Estimated Value
$441,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,133
Avg. Annual Appreciation
0.96%
Original Mortgage
$403,750
Outstanding Balance
$374,912
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$66,221

Purchase Details

Closed on
Nov 27, 2006
Sold by
Wells Fargo Bank Na
Bought by
Tortorich Matthew J and Tortorich Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,375
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2006
Sold by
Phillips Michael A and Phillips Joy M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 1, 2002
Sold by
Wren Homes Inc
Bought by
Phillips Michael A and Phillips Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,455
Interest Rate
7.14%

Purchase Details

Closed on
Jun 13, 2001
Sold by
Riverbank Inc
Bought by
Wren Homes Inc
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
Emenhiser Nicolas $425,000 Blake Elizabeth K
Tortorich Matthew J $161,500 None Available
Wells Fargo Bank Na $142,200 None Available
Phillips Michael A $169,000 --
Wren Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emenhiser Nicolas $403,750
Previous Owner Tortorich Matthew J $120,375
Previous Owner Phillips Michael A $160,455
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $425,000 +9.0% $148 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $389,900 -- $136 / 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 $4,567 $427,220 $35,000 $392,220
2024 $4,567 $427,220 $35,000 $392,220
2023 $5,063 $427,220 $35,000 $392,220
2022 $3,245 $230,110 $30,000 $200,110
2021 $3,037 $230,110 $30,000 $200,110
2019 $2,922 $230,110 $30,000 $200,110
2018 $2,575 $198,099 $25,600 $172,499
2017 $2,575 $198,099 $25,600 $172,499
2016 $2,575 $198,099 $0 $0
2014 $2,705 $208,096 $40,000 $168,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3825022

Canopy MLS (Canopy Realtor® Association)

APN: 127497