NOT LISTED FOR SALE

501 Academy St McAdenville, NC 28101

Estimated Value: $668,000 - $752,000

4 Beds
3.5 Baths
3,522 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $650,000 $185 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,273/month

1 Day on Market

Highlights

  • Open Floorplan
  • Pond
  • Mud Room
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of May 2022

Always wanted to live in Christmastown USA? Well now is your chance! Come check out this once model home loaded with upgrades. Stunning 4 bed/3.5 home in McAdenville Village is ready to welcome you home! Coffered ceilings, built ins and site finished hardwood flooring are just a few of the eye catching features. Flowing floorpan that makes entertaining easy. Stainless steel appliances, under cabinet lighting and custom cabinets are wonderful additions to this wonderful kitchen. Primary suite is a serene oasis with dual vanities, separate shower and a wonderful tun to relax in. Spacious secondary rooms are great when having overnight guests. Enjoy hanging out on your second floor porch while watching the neighbors stroll by. Amazing sunroom that is perfect for unwinding at the end of the day throughout the year. Welcome home!

Last Agent to Sell the Property

Ashley Hannah Kaufman

EXP Realty LLC Ballantyne License #117221 Listed on: 03/19/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Pressly Ramey

EXP Realty LLC Ballantyne License #330227

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Fenced
  • Irrigation
  • Zoning described as R2

HOA Fees

  • $53 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Open Floorplan
  • Sound System
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Mud Room
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch

Schools

  • Mcadenville Elementary School
  • Holbrook Middle School
  • Stuart W Cramer High School

Utilities

  • Forced Air Zoned Heating System
  • Vented Exhaust Fan
  • Heat Pump System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 210169

Community Details

Overview

  • Red Rock Association, Phone Number (888) 757-3376
  • Mcadenville Village Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$53 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Ratio Current Price By Acre: 3250000.00
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built Ins, Drop Zone, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Window Treatments
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1591
  • 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: 1931
  • Porch: Covered,Deck,Front
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Range, Plumbed For Ice Maker, Microwave, Natural Gas, Oven, Refrigerator, Security System, Surround Sound, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Vented, Great Room, Gas
  • Living Area: 3522
  • Full Bathrooms: 0
  • Total Bedrooms: 0
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, In-Ground Irrigation, Underground Power Lines
  • New Construction: No
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: McAdenville
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement

Garage/Parking

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

Utilities

  • Heating: Central, Forced Air, Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Green Building Features: g-Engineered Wood Products,g-Low VOC Coatings
  • Laundry Features: Main Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Pond, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 630
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Red Rock
  • Phone: 888-757-3376
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Holbrook
  • HOA Subject To: Required
  • HOA Email: support@gowithredrock.com

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 210169
  • Zoning Description: R2

Tax Info

  • RATIO List Price By Tax Amount: 1.57018

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: McAdenville
  • High School: Stuart W Cramer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
May 5, 2022
Sold by
Kevin Rhoten Matthew and Blake Lacey
Bought by
Messer Carmen M and Messer Matthew
Seller's Agent
Ashley Hannah Kaufman
EXP Realty LLC Ballantyne
Buyer's Agent
Pressly Ramey
EXP Realty LLC Ballantyne
List Price
$575,000
Sold Price
$650,000
Premium/Discount to List
$75,000
13.04%
Current Estimated Value
$702,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,447
Avg. Annual Appreciation
2.19%
Original Mortgage
$480,000
Outstanding Balance
$446,085
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$256,362

Purchase Details

Listed on
Sep 6, 2018
Closed on
Dec 4, 2018
Sold by
Bonterra Builders Llc
Bought by
Rhoten Matthew Kevin and Rhoten Lacey Blake
Seller's Agent
Lind Goodman
BSI Builder Services
Buyer's Agent
Non Member
Canopy Administration
List Price
$449,900
Sold Price
$389,000
Premium/Discount to List
-$60,900
-13.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$369,550
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2015
Sold by
Bonterra Builders Llc
Bought by
Bel Air Acquision Sub Llc
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
Messer Carmen M $650,000 Independence Title
Rhoten Matthew Kevin $389,000 None Available
Bel Air Acquision Sub Llc $965,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messer Carmen M $480,000
Previous Owner Rhoten Matthew Kevin $369,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2022 05/05/22 Sold $650,000 +13.0% $185 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $575,000 +47.8% $163 / Sq Ft
12/31/2018 12/31/18 Sold $389,000 -7.4% $112 / Sq Ft View Prior Sale
11/13/2018 11/13/18 Pending -- -- --
10/29/2018 10/29/18 Price Changed $419,900 0.0% $121 / Sq Ft
10/25/2018 10/25/18 Price Changed $420,000 -6.6% $121 / Sq Ft
09/06/2018 09/06/18 For Sale $449,900 -- $130 / 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 $6,294 $636,430 $55,000 $581,430
2024 $6,294 $636,430 $55,000 $581,430
2023 $6,364 $636,430 $55,000 $581,430
2022 $4,394 $366,200 $52,000 $314,200
2021 $4,248 $366,200 $52,000 $314,200
2019 $4,285 $366,200 $52,000 $314,200
2018 $4,320 $360,037 $36,000 $324,037
2017 $4,320 $360,037 $36,000 $324,037
2016 $4,212 $360,037 $0 $0
2014 -- $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3834733

Canopy MLS (Canopy Realtor® Association)

APN: 210169