NOT LISTED FOR SALE

5194 Butternut Dr Charlotte, NC 28215

Estimated Value: $706,000 - $773,000

5 Beds
3.5 Baths
3,856 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $525,500 $136 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,592/month

4 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Sport Court
  • Hickory Ridge Elementary School Rated A
  • Community Pool
  • Fireplace

About This Home

As of April 2021

Gorgeous young home in the highly desirable Holcomb Woods community! This spacious open layout offers tons of natural light and views of your private backyard. The main level offers a private guest suite with full bath, formal study, powder room, dining room with a butler's bar. Boasting a beautifully appointed gourmet kitchen, large family room and covered back patio. Upstairs is just as impressive with a massive laundry room, two additional secondary bedrooms, large bonus room and owner's suite with a walk in closet.

Last Agent to Sell the Property

Mitch Mitchell

Coldwell Banker Realty License #308651 Listed on: 03/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Arafath Mohammad

Prime Real Estate Advisors LLC License #317420

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.33

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Fireplace
  • Insulated Windows
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5505-36-8957-0000

Community Details

Overview

  • Braesael Management Association, Phone Number (704) 847-3507
  • Built by Taylor Morrison

Recreation

  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.05100
  • Ratio Close Price By Original Li: 1.05100
  • Ratio Current Price By Acre: 1573353.29
  • Ratio Current Price By Sq Ft: 136.28
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 2065
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Gas, Dishwasher, Disposal, Double Oven, Electric Dryer Hookup, Microwave, Oven, Self Cleaning Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Wood
  • H O A Management Phone: 704-8473507
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Kitchen Island, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1791
  • Total Sq Ft: 3856

Exterior Features

  • Construction: Brick Full, Hardboard Siding, Stone
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage

Utilities

  • Heating: Central Air
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalk, Sport Court
  • Association Fee: 850.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Braesael Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Hickory Ridge
  • Middle School: Hickory Ridge
  • High School: Hickory Ridge

Lot Info

  • Lot Dimension: 14549
  • Lot Features: Level
  • Lot Size Area: 0.334
  • Parcel Number: 5505-36-8957-0000
  • Zoning Specification: CZ-RV

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Value: 453340.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 21, 2021
Sold by
Billups Melissa and Billups Brian
Bought by
Mohammad Arif
Seller's Agent
Mitch Mitchell
Coldwell Banker Realty
Buyer's Agent
Arafath Mohammad
Prime Real Estate Advisors LLC
List Price
$500,000
Sold Price
$525,500
Premium/Discount to List
$25,500
5.1%
Current Estimated Value
$734,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,560
Avg. Annual Appreciation
7.61%
Original Mortgage
$488,715
Outstanding Balance
$443,499
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$278,956

Purchase Details

Closed on
Aug 22, 2018
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Billups Melissa and Billups Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,976
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2018
Sold by
Tac Holcomb Llc
Bought by
Taylor Morrison Of Carolinas Injc
Source: Public Records

Range of Values:

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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohammad Arif $525,500 None Available
Billups Melissa $430,000 None Available
Taylor Morrison Of Carolinas Injc $2,964,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammad Arif $488,715
Previous Owner Billups Melissa $343,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $525,500 +5.1% $136 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $500,000 -- $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
2024 $6,256 $634,450 $100,000 $534,450
2023 $5,883 $500,690 $75,000 $425,690
2022 $5,883 $453,340 $75,000 $378,340
2021 $4,964 $453,340 $75,000 $378,340
2020 $4,964 $453,340 $75,000 $378,340
2019 $4,543 $414,880 $50,000 $364,880
2018 $538 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3706926

Canopy MLS (Canopy Realtor® Association)

APN: 5505-36-8957-0000