NOT LISTED FOR SALE

4553 Stellata Loop Unit 63 Sherrills Ford, NC 28673

Estimated Value: $417,400 - $585,000

3 Beds
2 Baths
2,111 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $385,500 $183 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,790/month

5 Days on Market

Highlights

  • Community Cabanas
  • Open Floorplan
  • Mud Room
  • Sherrills Ford Elementary School Rated A-
  • Ranch Style House
  • Lawn

About This Home

As of November 2021

Here is your chance to own a home in MAGNOLIA COVE without the wait for construction. This move-in ready home showcases an open floor plan. Walk through the front door into a wide entryway. The main living area is trimmed in crown molding with tray ceilings in the living room and entryway. Enter the kitchen from the garage through the mud room/drop zone. Upgraded kitchen features a tile backsplash, white cabinets with soft close hardware, quartz countertops, stainless-steel appliances, quartz topped island with tile facing and breakfast seating. Owner’s en suite is highlighted by a vanity with soft close hardware, quartz countertops, an extra-large tile shower, and walk in closet. Hall bath features quartz countertop and tile tub surround. Third bedroom has vinyl plank flooring, perfect for use as an office, study or more. Enjoy your evening on the covered patio complete with a ceiling fan. Relax knowing the lawn maintenance is taken care of for you. Close to shopping and Lake Norman.

Last Agent to Sell the Property

Patrick Tustin

Austin-Barnett Realty LLC License #303509 Listed on: 10/01/2021

Last Buyer's Agent

Matt Perkins

Mooresville Realty LLC License #308053

Mooresville Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 6,098

HOA Fees

  • $158 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Mud Room
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3696076788990000

Community Details

Overview

  • Magnolia Cove Homeowners Association, Inc. Association, Phone Number (980) 505-2460
  • Built by Story Homes

Amenities

  • Picnic Area

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$158 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.01447
  • Ratio Close Price By Original Li: 1.01447
  • Ratio Current Price By Acre: 2753571.43
  • Ratio Current Price By Sq Ft: 182.61
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Range, Exhaust Hood, Microwave
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 980-505-2460
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2111
  • Total Sq Ft: 2111

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance

Garage/Parking

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

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Picnic Area, Sidewalk
  • Association Fee: 474.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Magnolia Cove Homeowners Association, Inc.
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Sherrills Ford
  • Middle School: Mill Creek
  • High School: Bandys

Lot Info

  • Lot Size Area: 0.140
  • Parcel Number: 3696076788990000
  • Zoning Specification: PD

Building Info

  • Builder Name: Story Homes

Tax Info

  • Tax Value: 153000.00
  • Tax Location: Sherrills Ford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Pegg Charles and Pegg Cindy
Bought by
Magnolia Cove Llc
Current Estimated Value
$469,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,500
Outstanding Balance
$349,443
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$119,907

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 5, 2021
Sold by
Melissa Alexander
Bought by
Pegg Charles and Pegg Cindy
Seller's Agent
Patrick Tustin
Austin-Barnett Realty LLC
Buyer's Agent
Matt Perkins
Mooresville Realty LLC
List Price
$380,000
Sold Price
$385,500
Premium/Discount to List
$5,500
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$366,225
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2021
Sold by
Magnolia Cove Llc
Bought by
Shurson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,010,000
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2021
Sold by
Magnolia Cove Llc
Bought by
Shurson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,010,000
Interest Rate
2.2%
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
Magnolia Cove Llc $412,000 None Listed On Document
Pegg Charles $385,500 Faulkner Law Firm Pllc
Shurson Melissa $670 None Listed On Document
Shurson Melissa $335,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Cove Llc $354,500
Previous Owner Pegg Charles $366,225
Previous Owner Shurson Melissa $2,010,000
Previous Owner Shurson Melissa $201,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $385,500 +1.4% $183 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $380,000 -- $180 / 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 $1,815 $368,600 $41,000 $327,600
2024 $1,815 $368,600 $41,000 $327,600
2023 $1,778 $278,900 $41,000 $237,900
2022 $1,966 $278,900 $41,000 $237,900
2021 $1,079 $153,000 $41,000 $112,000
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3791736

Canopy MLS (Canopy Realtor® Association)

APN: 3696076788990000