NOT LISTED FOR SALE

490 Lotus Ct Lewisville, NC 27023

Estimated Value: $642,000 - $723,000

4 Beds
3.5 Baths
3,400 Sq Ft
$201/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $415,000 $122 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,865/month

160 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Cul-De-Sac
  • Lewisville Elementary School Rated A
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of October 2019

Fabulous new construction by Aher Builders in Covington Place. Wonderful open concept allowing great flow while entertaining.The well appointed kit has a 5 burner gas cooktop, pantry and huge island. The spacious Ml Master suite is sure please. Tankless H2O, Ml home office, and UL bonus rm are a few of the added features.Convenient location with easy access to the highways and shopping w/great area schools. And this is on a cul de sac overlooking pastures! You cannot bet this price!

Last Agent to Sell the Property

Patricia (Patti) McCormick

Berkshire Hathaway HomeServices Carolinas Realty License #52671 Listed on: 04/16/2019

Berkshire Hathaway HomeServices Carolinas Realty

Last Buyer's Agent

Katie Trenerowski

Berkshire Hathaway HomeServices Carolinas Realty License #301612

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Property is zoned RS9

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,151 Sq Ft Home
  • 2,800-3,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Dryer Hookup

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Porch

Schools

  • Meadowlark Middle School
  • Reagan High School

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Covington Place Subdivision

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 5895385352
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Subdivision Name: Covington Place
  • Directions: West on Country Club, left into Covington Place, right on Gnarl Wood, Right onto Hidden Stream, left on Lotus Ct
  • Above Grade Finished Sq Ft: 3151
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2018
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2800 - 3400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Tankless Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Kitchen Island, Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Living Area: 3151
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Dual Fuel System, Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Tankless

Condo/Co-op/Association

  • Association Fee: 21
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Elementary School: Meadowlark
  • High School: Reagan
  • Middle Or Junior School: Meadowlark

Lot Info

  • Parcel #: 5895385352
  • Zoning: RS9
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 489.76
  • Tax Lot: 17
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.8071

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2019
Closed on
Oct 21, 2019
Sold by
Aher Buildlers Inc
Bought by
Karunakaran Bipin M and Karunakaran Sona
Seller's Agent
Patricia (Patti) McCormick
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Katie Trenerowski
Berkshire Hathaway HomeServices Carolinas Realty
Sold Price
$415,000
Current Estimated Value
$681,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,952
Avg. Annual Appreciation
8.62%
Original Mortgage
$394,250
Outstanding Balance
$345,383
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$336,569
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
Karunakaran Bipin M $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karunakaran Bipin M $394,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $415,000 -- $148 / Sq Ft
Source: Triad MLS

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 $3,287 $618,900 $80,000 $538,900
2024 $3,266 $426,000 $66,500 $359,500
2023 $3,266 $426,000 $66,500 $359,500
2022 $3,266 $426,000 $66,500 $359,500
2021 $3,245 $426,000 $66,500 $359,500
2020 $3,325 $400,200 $66,000 $334,200
2019 $1,387 $165,000 $66,000 $99,000
2018 $479 $59,400 $59,400 $0
2016 $483 $59,535 $59,535 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Patricia (Patti) McCormick

    Berkshire Hathaway HomeServices Carolinas Realty

    (336) 655-3538

    31 Total Sales

    Patricia (Patti) McCormick
    Section Image
  • Katie Trenerowski

    Buyer's Agent in 2019

    Katie Trenerowski

    Berkshire Hathaway HomeServices Carolinas Realty

    (801) 836-2991

    270 Total Sales

    Katie Trenerowski
    Section Image
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Map

Source: Triad MLS

MLS Number: 927759

Triad MLS

APN: 5895-38-5352

North Carolina Forsyth County Lewisville 27023

490 Lotus Ct, Lewisville, NC

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