NOT LISTED FOR SALE

5059 Looking Glass Trail Unit 550 Stanley, NC 28164

Estimated Value: $463,000 - $491,000

2 Beds
2 Baths
1,450 Sq Ft
$333/Sq Ft Est. Value

Last Sold November 19, 2020

Last sale price $296,430 $204 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,138/month

44 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • Under Construction
  • Gated Community
  • Clubhouse

About This Home

As of November 2020

Trilogy Lake Norman is a 55 and better community near Lake Norman featuring an exciting lifestyle and stunning landscape . At the heart of this community is the spectacular Twin Mills Club, offering impressive amenities and exceptional service, with spaces for fitness, dining, relaxation, and exploring new interests with neighbors. Popular Independence floor plan w/ lots of upgrades!

Last Agent to Sell the Property

Kate Watts

Shea Communities Marketing Company License #113492 Listed on: 08/20/2020

Last Buyer's Agent

Kate Watts

Shea Communities Marketing Company License #113492 Listed on: 08/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,781

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Irrigation

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Open Floorplan
  • Pull Down Stairs to Attic
  • Kitchen Island

Listing and Financial Details

  • Assessor Parcel Number 100038

Community Details

Overview

  • Active Adult
  • Aam Association, Phone Number (980) 247-1600
  • Built by Shea Homes

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Dog Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,781

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$354 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.97271
  • Ratio Close Price By Original Li: 0.97271
  • Ratio Current Price By Acre: 2623274.34
  • Ratio Current Price By Sq Ft: 204.43
  • Special Assessment Description: $5500 1-time Club Fee, $1560 cap. contribution
  • Special Assessment Yn: Yes
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Equipment: CO Detector, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker Connection, Microwave
  • H O A Management Phone: 9802471600
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1450
  • Total Sq Ft: 1450

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • New Construction: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: 55 and Older, Club House, Dog Park, Fitness Center, Gated Community, Hot Tub, Indoor Pool, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 354.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: AAM
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Size Area: 0.113
  • Parcel Number: 100038
  • Zoning Specification: PD-R

Building Info

  • Builder Name: Shea Homes

Tax Info

  • Tax Location: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 19, 2020
Sold by
Lake Norman Owner Lp
Bought by
Anderson Bonnie Lee
Seller's Agent
Kate Watts
Shea Communities Marketing Company
Buyer's Agent
Kate Watts
Shea Communities Marketing Company
List Price
$304,746
Sold Price
$296,430
Premium/Discount to List
-$8,316
-2.73%
Current Estimated Value
$482,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,351
Avg. Annual Appreciation
10.40%
Original Mortgage
$165,000
Outstanding Balance
$146,827
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$335,954
Source: Public Records

Range of Values:

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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
Anderson Bonnie Lee $296,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Bonnie Lee $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2020 11/19/20 Sold $296,430 -2.7% $204 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $304,746 -- $210 / 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 $2,781 $437,175 $75,000 $362,175
2024 $2,749 $437,175 $75,000 $362,175
2023 $2,744 $437,175 $75,000 $362,175
2022 $2,400 $309,184 $64,000 $245,184
2021 $2,415 $309,184 $64,000 $245,184
2020 $188 $54,000 $54,000 $0
2019 $188 $54,000 $54,000 $0
2018 $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: CAR3653930

Canopy MLS (Canopy Realtor® Association)

APN: 100038