NOT LISTED FOR SALE

515 Saddlebred Ln Locust, NC 28097

Locust Area

Estimated Value: $428,603

4 Beds
2.5 Baths
2,824 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2023

Last sale price $409,990 $145 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,801 / mo

36 Days on Market

Highlights

  • Community Cabanas
  • Under Construction
  • Vaulted Ceiling
  • Locust Elementary School Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of October 2023

This brand new construction home is designed for entertaining. A sizeable 2 story that has just what you need with a home office on the main level. There is so much flexibility with a total of 4 bedrooms, plus a loft upstairs and an office. Each bedroom has it's very own walk-in closet. This home is nestled in a new community in the quaint town Locust. This is a great time to get in to this up-and-coming town. Be sure to check out all of the new businesses on your way here. Conveniently located off of Albemarle Road, only 28 miles from uptown Charlotte. This home is an incredible value with all the benefits of new construction and a 10 yr. Home Warranty! Home is Connected package includes programmable thermostat, Z-Wave door lock and wireless switch, touchscreen control device, automation platform, video doorbell, and Amazon Echo Show and Echo Dot. All home features are subject to change without notice. Please ask agent for details!

Last Agent to Sell the Property

Michelle Womaski

DR Horton Inc License #272682 Listed on: 07/01/2023

DR Horton Inc

Co-Listed By

Deanna Amin

DR Horton Inc License #311883

Last Buyer's Agent

Mike Koman

EXP Realty LLC Ballantyne License #118306

EXP Realty LLC Ballantyne

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 0.25

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Stanfield Elementary School
  • West Stanly Middle School
  • West Stanly High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • No or Low VOC Paint or Finish
  • Patio
  • Property is zoned OPS

Listing and Financial Details

  • Assessor Parcel Number 557402883642

Community Details

Overview

  • Built by DR Horton
  • Crossroads Subdivision, Wilmington C Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2023 | Under Construction

Lot Details

0.25 Acres

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2023
  • Proposed Completion Date: 2023-12-31
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 145.18
  • Geocode Confidence: High
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1225
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 411
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 411
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1599
  • Appliances: Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2824
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 2824
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Playground, Sidewalks, Walking Trails
  • Association Fee: 660
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 660.00

Schools

  • Middle Or Junior School: West Stanly
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 557402883642
  • Zoning: OPS
  • Development Status: Under Construction
  • Lot Size: irregular
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OPS

Green Features

  • Green Sustainability: Engineered Wood Products, Low VOC Coatings

Building Info

  • Builder Name: DR Horton

MLS Schools

  • Elementary School: Stanfield
  • High School: West Stanly

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Oct 20, 2023
Sold by
D R Horton Inc
Bought by
Seller's Agent
Michelle Womaski
DR Horton Inc
Buyer's Agent
Mike Koman
EXP Realty LLC Ballantyne
List Price
$407,990
Sold Price
$409,990
Premium/Discount to List
$2,000
0.49%
Views
47
Current Estimated Value
$428,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,613
Avg. Annual Appreciation
1.53%
Original Mortgage
$290,000
Outstanding Balance
$280,892
Interest Rate
6.88%
Mortgage Type
Construction
Estimated Equity
$147,711
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Locust, NC

  • Kimberly Lambert Real Estate Agent - HOMETOWN REALTY PROS LLC

    Kimberly Lambert

    Responds Quickly

    HOMETOWN REALTY PROS LLC

    (980) 261-3110

    289 Total Sales

    10 in Locust

    $265K - $475K Price Range

    Kimberly Lambert
     Section Image
  • Mirta Arroyo Real Estate Agent - NorthGroup Real Estate LLC

    Mirta Arroyo

    NorthGroup Real Estate LLC

    (980) 635-2699

    75 Total Sales

    1 in Locust

    $365,000 Price

    Mirta Arroyo
     Section Image
  • Janet Wilson-Russell Real Estate Agent - EXP Realty LLC Ballantyne

    Janet Wilson-Russell

    EXP Realty LLC Ballantyne

    (980) 734-5146

    60 Total Sales

    2 in Locust

    $335K - $399K Price Range

    Janet Wilson-Russell
     Section Image
  • Alissa McDonald Real Estate Agent - EXP Realty LLC Ballantyne

    Alissa McDonald

    EXP Realty LLC Ballantyne

    (980) 580-8572

    109 Total Sales

    1 in Locust

    $445,000 Price

    Alissa McDonald
     Section Image
  • Adam Sellars Real Estate Agent - Keller Williams Ballantyne Area

    Adam Sellars

    Keller Williams Ballantyne Area

    (980) 326-4271

    114 Total Sales

    1 in Locust

    $299,999 Price

    Adam Sellars
     Section Image
  • Rachel Cost Real Estate Agent - Corcoran HM Properties

    Rachel Cost

    Corcoran HM Properties

    (980) 890-9810

    113 Total Sales

    1 in Locust

    $280,000 Price

    Rachel Cost
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $409,990 0.0% $145 / Sq Ft
08/01/2023 08/01/23 Price Changed $409,990 +0.5% $145 / Sq Ft
07/01/2023 07/01/23 For Sale $407,990 -- $144 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,696 $401,718 $65,000 $336,718
2024 $3,455 $316,973 $55,000 $261,973
2023 $600 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • MW

    Seller's Agent in 2023

    Michelle Womaski

    DR Horton Inc

    (704) 497-5913

    280 Total Sales

    Michelle Womaski
    Section Image

  • DA

    Seller Co-Listing Agent in 2023

    Deanna Amin

    DR Horton Inc

    Section Image

  • MK

    Buyer's Agent in 2023

    Mike Koman

    EXP Realty LLC Ballantyne

    (980) 239-4002

    126 Total Sales

    Mike Koman
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: 4043850

Canopy MLS

APN: 5574-02-88-3642

North Carolina Stanly County Locust 28097

515 Saddlebred Ln, Locust, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.