NOT LISTED FOR SALE

415 Covington Crossing Matthews, NC 28104

Estimated Value: $1,455,000 - $1,684,000

5 Beds
5.5 Baths
5,182 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $876,000 $169 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,056/month

66 Days on Market

Highlights

  • Community Cabanas
  • Gated Community
  • Private Lot
  • Antioch Elementary School Rated A
  • Open Floorplan
  • Pond

About This Home

As of December 2019

Elegant brick and stone custom home is situated on 1.64 private acres in gated Waybridge community. Custom pool with waterfall creates a resort like setting in your spacious fenced back yard. Open and bright floor plan, custom hardwood flooring, plantation shutters and designer features through out. Spacious chef's gourmet kitchen is open to family room w/fireplace, breakfast room which all flow to outdoor stone terrace which overlooks pool. Guest bedroom en-suite, living room w/fireplace and custom screened porch complete the main level. Master bedroom suite is spacious w/sitting area and spa like master bath w/two separate closets. Three bedroom en-suites, bonus room, flex space and laundry room make the upper level complete. Third floor opens to unfinished attic space which is rough plumbed/partially wired. Resort style living awaits you with privacy, and custom pool for entertaining. Gated community features walking trails, pavilion, a beautiful pond w/boardwalk.

Last Agent to Sell the Property

Ben Bowen

Premier Sotheby's International Realty License #225345 Listed on: 07/26/2019

Premier Sotheby's International Realty

Last Buyer's Agent

Joe Skaff

Carolina Real Estate Experts The Dan Jones Group License #290119

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • Private Lot
  • Irrigation
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Fireplace
  • Crawl Space
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Stone
  • Tile

Outdoor Features

  • In Ground Pool
  • Pond
  • Terrace

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 06-093-128

Community Details

Recreation

  • Community Cabanas
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.97442
  • Ratio Close Price By Original Li: 0.94703
  • Ratio Current Price By Acre: 534146.34
  • Ratio Current Price By Sq Ft: 169.05
  • Year Built: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 2795
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Total Bedrooms: 5
  • Equipment: Cooktop Gas, Dishwasher, Double Oven, Microwave
  • Fireplace Description: FAMILYRM, Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Amenities: Attic Other, Attic Walk-in, Built-Ins, Kitchen Island, Open Floorplan, Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2387
  • Total Sq Ft: 5182
  • Sq Ft Unheated Third: 848
  • Sq Ft Unheated Total: 848

Exterior Features

  • Construction: Brick Full, Stone
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, In-Ground Irrigation, Pool-In-Ground, Terrace

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: Septic Installed
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Cabana, Gated Community, Pond, Walking Trails
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Cul-de-sac Lot, Lake, Private, Water view, Wooded
  • Lot Size Area: 1.640
  • Parcel Number: 06-093-128
  • Plat Reference Section Pages: 264
  • Zoning Specification: RA-40

Tax Info

  • Tax Value: 717500.00
  • Tax Location: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Dec 4, 2019
Sold by
Marreddy Prasanth and Rane She
Bought by
Fraser Daniel Macfarlane and Fraser Nicola Marion
Seller's Agent
Ben Bowen
Premier Sotheby's International Realty
Buyer's Agent
Joe Skaff
Carolina Real Estate Experts The Dan Jones Group
List Price
$925,000
Sold Price
$876,000
Premium/Discount to List
-$49,000
-5.3%
Current Estimated Value
$1,577,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,445
Avg. Annual Appreciation
10.59%
Original Mortgage
$131,300
Outstanding Balance
$117,208
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,445,287

Purchase Details

Closed on
Mar 3, 2017
Sold by
Data Analysis Inc
Bought by
Marreddy Prasanth and Rane She

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
4.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 6, 2015
Sold by
Johnson Ronald W and Johnson Sherri H
Bought by
Dai Inc

Purchase Details

Closed on
Feb 18, 2014
Sold by
Jw Homes Llc
Bought by
Johnson Ronald W and Johnson Sherri H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
4.55%
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
Fraser Daniel Macfarlane $876,000 None Available
Marreddy Prasanth $842,000 Bridge Trust Title Group
Data Analysis Inc -- None Available
Dai Inc $845,000 Attorney
Johnson Ronald W $780,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraser Daniel M $131,300
Open Fraser Daniel Macfarlane $657,000
Previous Owner Marreddy Prasanth $149,900
Previous Owner Marreddy Prasanth $589,400
Previous Owner Johnson Ronald W $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $876,000 -2.6% $169 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/13/2019 09/13/19 Price Changed $899,000 -2.8% $173 / Sq Ft
07/26/2019 07/26/19 For Sale $925,000 -- $179 / 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 $6,339 $930,600 $147,500 $783,100
2023 $5,891 $930,600 $147,500 $783,100
2022 $5,919 $930,600 $147,500 $783,100
2021 $5,919 $930,600 $147,500 $783,100
2020 $5,617 $717,480 $139,880 $577,600
2019 $5,617 $717,480 $139,880 $577,600
2018 $5,244 $717,480 $139,880 $577,600
2017 $5,604 $717,500 $139,900 $577,600
2016 $5,500 $717,480 $139,880 $577,600
2015 $5,571 $717,480 $139,880 $577,600
2014 $1,202 $619,860 $175,000 $444,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3533769

Canopy MLS (Canopy Realtor® Association)

APN: 06-093-128