NOT LISTED FOR SALE

5112 Laurel Grove Ln Weddington, NC 28104

Estimated Value: $1,076,000 - $1,177,000

4 Beds
3.5 Baths
3,595 Sq Ft
$313/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $1,135,000 $316 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,508/month

18 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Weddington Elementary School Rated A
  • Traditional Architecture
  • Mud Room

About This Home

As of July 2024

HUGE PRICE DROP! SELLER MOTIVATED.
Beautiful custom-built home in the sought-after Weddington School district of Union County. One of the newer homes in Lake Providence, this home was built in 2017 and has tons of upgrades. The open-plan chef kitchen has all stainless steel appliances including an undermount farm sink, gas cooktop and oven, and wall oven. All quartz counters, including the huge center island.
Three work-from-home options with this flexible floor plan. Main level sunroom (add French doors) or any two of the five upstairs rooms.

The primary bedroom is on the main level with new hardwood floors. It has a spa-like en-suite bathroom with a huge custom walk-in shower with dual heads, a rain shower, and a spacious walk-in closet.

The fenced-in backyard has a paver patio with an all-weather aluminum pergola next to the heated, saltwater in-ground swimming pool surrounded by travertine tile. (Installed in 2021)
There are too many custom features to list.

Last Agent to Sell the Property

Mike Rowe

Cobblestone Realty Corp Brokerage Email: mikerowe9011@gmail.com License #C15823 Listed on: 04/08/2024

Last Buyer's Agent

Megan Despard

Dickens Mitchener & Associates Inc License #306898

Dickens Mitchener & Associates Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,245

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 411''x'111''x'56''x'136''x'285'
  • Cul-De-Sac
  • Back Yard Fenced
  • Property is zoned AM6

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 4 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Patio
  • Front Porch

Schools

  • Weddington Elementary And Middle School
  • Weddington High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-069-075

Community Details

Overview

  • Voluntary home owners association
  • Lake Providence HOA
  • Built by Knotts
  • Lake Providence Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,245

Year Built

Built in 2017

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2017
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 315.72
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: mikerowe9011@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Other, Cable Prewire, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1961
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 627
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 627
  • Sq Ft Upper: 1634
  • Appliances: Dishwasher, Disposal, Double Oven, Exhaust Fan, Exhaust Hood, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker, Wall Oven
  • Above Grade Finished Sq Ft: 3595
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 3595
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 15
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • Exterior Features: In Ground Pool
  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Water Body Name: Lake Providence
  • Construction Type: Brick Full
  • Patio And Porch Features: Front Porch, Patio, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 630
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Main Level, Washer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Gas, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Senior Community: No
  • Association Name: Lake Providence HOA
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 200.00

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 1.123
  • Lot Size Units: Acres
  • Parcel Number: 06-069-075
  • Zoning: AM6
  • Development Status: Completed
  • Lot Size: 411''x'111''x'56''x'136''x'285'
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AM6

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Knotts

MLS Schools

  • Elementary School: Weddington
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jul 10, 2024
Sold by
Frigo Lance and Frigo Connie Michelle
Bought by
Jones Derek and Jones Lana
Seller's Agent
Mike Rowe
Cobblestone Realty Corp
Buyer's Agent
Megan Despard
Dickens Mitchener & Associates Inc
List Price
$1,199,000
Sold Price
$1,135,000
Premium/Discount to List
-$64,000
-5.34%
Views
53
Current Estimated Value
$1,126,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,661
Avg. Annual Appreciation
0.71%
Original Mortgage
$908,000
Outstanding Balance
$901,183
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$242,757

Purchase Details

Listed on
May 21, 2017
Closed on
Oct 5, 2017
Sold by
Knotts Development Resources Inc
Bought by
Frigo Lance and Frigo Connie Michelle
Seller's Agent
Michael Jones
ProStead Realty
Buyer's Agent
Mike Rowe
Cobblestone Realty Corp
List Price
$499,288
Sold Price
$507,133
Premium/Discount to List
$7,845
1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$50,600
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2015
Sold by
West Altion Keith and West Lea Kendrick
Bought by
Knotts Development Resources Inc
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
Jones Derek $1,135,000 None Listed On Document
Frigo Lance $507,500 None Available
Knotts Development Resources Inc -- None Available
Knotts Development Resources Inc $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Derek $908,000
Previous Owner Frigo Connie Michelle $190,000
Previous Owner Frigo Lance $90,000
Previous Owner Frigo Lance $66,000
Previous Owner Frigo Lance $446,000
Previous Owner Frigo Lance $445,000
Previous Owner Frigo Lance $50,600
Previous Owner Frigo Lance $405,706
Previous Owner Knotts Development Resources Inc $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $1,135,000 -1.2% $316 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/24/2024 04/24/24 Price Changed $1,149,000 -4.2% $320 / Sq Ft
04/13/2024 04/13/24 For Sale $1,199,000 +136.4% $334 / Sq Ft
10/12/2017 10/12/17 Sold $507,133 +1.6% $144 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/21/2017 05/21/17 For Sale $499,288 -- $141 / 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 $4,245 $609,900 $129,000 $480,900
2023 $3,861 $609,900 $129,000 $480,900
2022 $3,879 $609,900 $129,000 $480,900
2021 $3,590 $564,400 $129,000 $435,400
2020 $3,087 $422,280 $82,980 $339,300
2019 $3,306 $422,280 $82,980 $339,300
2018 $3,087 $422,280 $82,980 $339,300
2017 $648 $83,000 $83,000 $0
2016 $636 $82,980 $82,980 $0
2015 $645 $82,980 $82,980 $0
2014 -- $84,200 $84,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4126642

Canopy MLS (Canopy Realtor® Association)

APN: 06-069-075