NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,084,000

3 Beds
2.5 Baths
2,814 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $464,000 $165 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,949/month

149 Days on Market

Highlights

  • 0.78 Acre Lot
  • Deck
  • Wooded Lot
  • Olde Providence Elementary Rated A-
  • Pond
  • Ranch Style House

About This Home

As of October 2017

REDUCED AGAIN!! Must see lovely RANCH home in established Cottonwood neighborhood with mature trees on close to an acre. Split bedroom plan with huge master bedroom with 3 closets. Gorgeous hardwood flooring throughout the entire home. Butler's pantry, wet bar, dining room. Kitchen has granite counters and gas cook top. Brick breezeway perfect for entertaining, huge back yard with creek running through! 2nd and 3rd bedroom separated by jack and jill bath. Sellers are very motivated!!

Last Agent to Sell the Property

Kim Ramsey

Lake Norman Realty, Inc. Brokerage Email: kfreeman@hechtpropertymgmt.com License #181535 Listed on: 04/20/2017

Lake Norman Realty, Inc.

Last Buyer's Agent

Paul Yang

ProStead Realty License #280670

ProStead Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1989

Lot Details

  • 0.78 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Property is zoned R3

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • 2 Open Parking Spaces

Home Design

  • Ranch Style House
  • Tar and Gravel Roof
  • Hardboard

Interior Spaces

  • 2,814 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Insulated Windows
  • Window Screens
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Flooring Modification

Eco-Friendly Details

  • Rain Water Catchment

Outdoor Features

  • Access to stream, creek or river
  • Pond
  • Deck
  • Patio
  • Side Porch

Schools

  • Olde Providence Elementary School
  • Carmel Middle School
  • Myers Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Cottonwood HOA, Phone Number (704) 222-2221
  • Cottonwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21153201
  • Tax Block 192

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,330

Year Built

Built in 1989

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1989
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 164.89
  • Attribution Contact: kfreeman@hechtpropertymgmt.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Garden Tub, Kitchen Island, Pantry, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2814
  • 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: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 2814
  • Accessibility Features: Mobility Friendly Flooring, No Interior Steps
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Screen Door(s), Storm Door(s)
  • Fireplace Features: Gas Log, Great Room, Other - See Remarks
  • Living Area: 2814
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 12
  • Sq Ft Other: 518

Exterior Features

  • Exterior Features: Rainwater Catchment
  • New Construction: No
  • Roof: Tar/Gravel
  • Construction Type: Site Built
  • Waterfront Elevation: 1000
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Deck, Patio, Side Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Pond, Sidewalks, Street Lights
  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Voluntary
  • Association Name: Cottonwood HOA
  • Phone: 704-222-2221
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac, Rolling Slope, Creek/Stream, Wooded, Views
  • Lot Size Area: 0.78
  • Lot Size Units: Acres
  • Parcel Number: 21153201
  • Plat Book Slide: 21
  • Plat Reference Section Pages: 764
  • Development Status: Completed
  • Lot Size Acres: 0.78
  • Lot Size Sq Ft: 33976
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 192

MLS Schools

  • Elementary School: Olde Providence
  • High School: Myers Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Oct 25, 2017
Sold by
Depaul Donald L and Depaul Betsy C
Bought by
Hunter Ellis David E and Hunter Ellis Benjamin
Seller's Agent
Kim Ramsey
Lake Norman Realty, Inc.
Buyer's Agent
Paul Yang
ProStead Realty
List Price
$529,000
Sold Price
$464,000
Premium/Discount to List
-$65,000
-12.29%
Current Estimated Value
$992,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,696
Avg. Annual Appreciation
9.22%
Original Mortgage
$370,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2004
Sold by
Schultz Jeffrey A and Schultz Deborah J
Bought by
Depaul Donald L and Depaul Betsy C
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
Hunter Ellis David E $464,000 None Available
Depaul Donald L $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter-Ellis David E $200,000
Closed Hunter-Ellis David E $100,000
Open Hunter Ellis David E $484,000
Closed Hunter Ellis David E $370,400
Previous Owner Schultz Jeffrey A $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $464,000 -12.3% $165 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $529,000 -- $188 / 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 $6,330 $815,700 $210,000 $605,700
2023 $6,330 $815,700 $210,000 $605,700
2022 $5,422 $548,900 $132,000 $416,900
2021 $5,411 $548,900 $132,000 $416,900
2020 $4,978 $504,800 $132,000 $372,800
2019 $4,963 $504,800 $132,000 $372,800
2018 $4,846 $363,800 $80,000 $283,800
2017 $4,772 $363,800 $80,000 $283,800
2016 $4,763 $363,800 $80,000 $283,800
2015 $4,751 $363,800 $80,000 $283,800
2014 $4,735 $361,400 $80,000 $281,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3263557

Canopy MLS (Canopy Realtor® Association)

APN: 211-532-01