NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,440,450

7 Beds
8 Baths
7,869 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $525,000 $67 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,499/month

Highlights

  • In Ground Pool
  • Sauna
  • 5.4 Acre Lot
  • Lake On Lot
  • Gated Community
  • Community Lake

About This Home

As of March 2020

BACK ON THE MARKET. FINANCING FELL THROUGH..Spectacular gated estate on 5.4 acres. Home features 3 levels with an wet bar, elevator, sauna, hardwood floors, large chef's kitchen with granite counter tops, double oven, access to deck and swimming pool, 3 car garage and an unfinished basement. Seller financing available for non-owner occupants.

Last Agent to Sell the Property

Ramesh Seegulam

Nation One Realty Group, Inc. License #299976 Listed on: 01/13/2020

Last Buyer's Agent

Ramesh Seegulam

Nation One Realty Group, Inc. License #299976 Listed on: 01/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,847

Year Built

  • Built in 2006

Lot Details

  • 5.4 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Landscaped
  • Sloped Lot
  • Irrigation Equipment
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway Level

Home Design

  • Traditional Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 7,869 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Rear Stairs
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling height of 10 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office
  • Sauna
  • Attic Fan
  • Security Gate
  • Laundry on main level

Kitchen

  • Gas Cooktop
  • Kitchen Island
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • In Ground Pool
  • Lake On Lot
  • Deck

Schools

  • Flat Rock Elementary School
  • Salem Middle School
  • Martin Luther King Jr High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 1
  • Assessor Parcel Number 16 047 01 026

Community Details

Overview

  • Sandstone Estates Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,847

Year Built

Built in 2006

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 2006
  • Levels Stories: Two
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Fireplace Features: Family Room, Master Bedroom
  • Number Of Fireplaces: 3
  • Other Equipment: Irrigation Equipment
  • Appliances: Gas Cooktop, Refrigerator
  • Interior Amenities: Coffered Ceiling(s), Elevator, Entrance Foyer, High Ceilings 10 ft Main, Sauna, Tray Ceiling(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Full, Unfinished
  • Kitchen Features: Cabinets Stain, Kitchen Island, Solid Surface Counters
  • Common Walls: No Common Walls
  • Additional Rooms: Office
  • Dining Room Features: Separate Dining Room
  • Square Footage: 7869.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 7
  • Bedroom Features: In-Law Suite/Apartment, Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 2
  • Master Bathroom Features: Separate Tub/Shower

Exterior Features

  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Fencing: Fenced
  • Patio And Porch Features: Deck
  • Exterior Features: Rear Stairs
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Garage, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Gate
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities
  • Electric: None

Condo/Co-op/Association

  • Community Features: Gated, Lake
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Subdivision Complex: Sandstone Estates

Schools

  • Elementary School: Flat Rock
  • Middle School: Salem
  • High School: Martin Luther King Jr

Lot Info

  • Acres: 5.4000
  • Lot: 20
  • Lot Features: Cul-De-Sac, Lake On Lot, Landscaped, Sloped, Wooded
  • Parcel Number: 16 047 01 026
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Tax Info

  • Taxes: 8847.00
  • Assessor Parcel Number: 16-047-01-026
  • Close Date: 2020-03-06
  • Tax Year: 2017

MLS Schools

  • Elementary School: Flat Rock
  • High School: Martin Luther King Jr
  • Middle School: Salem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Yenom Acquisitions Llc
Bought by
Thompson Denise
Current Estimated Value
$1,138,113

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 6, 2020
Sold by
Cfai Special Assets Llc
Bought by
Yenom Acquisitions Llc
Seller's Agent
Ramesh Seegulam
Nation One Realty Group, Inc.
Buyer's Agent
Ramesh Seegulam
Nation One Realty Group, Inc.
List Price
$485,000
Sold Price
$525,000
Premium/Discount to List
$40,000
8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$521,550
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2019
Sold by
Wilmington Savins Fund Society Fsb Trust
Bought by
Cfai Special Assets Llc

Purchase Details

Closed on
Jan 2, 2019
Sold by
Hutch Industries Inc
Bought by
Wilmington Savins Fund Society Fsb Trust and C/O Lendinghome Funding Corp

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 9, 2015
Sold by
Hutch Lamar
Bought by
Hutch Industries Inc
Seller's Agent
Dave Quam
Keller Knapp
Buyer's Agent
NON-MLS NMLS
Non FMLS Member
List Price
$599,900
Sold Price
$445,000
Premium/Discount to List
-$154,900
-25.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$480,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Lowery & Associates
Bought by
Zachery John A

Purchase Details

Closed on
Jul 6, 2005
Sold by
Chin Nicola C
Bought by
Lowery & Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
5.71%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Sandstone Estates Llc
Bought by
Chin Nicola C and Chin Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
7.21%
Mortgage Type
New Conventional
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
Thompson Denise -- --
Yenom Acquisitions Llc $525,000 --
Cfai Special Assets Llc -- --
Wilmington Savins Fund Society Fsb Trust $497,115 --
Hutch Industries Inc -- --
Hutch Lamar $445,000 --
Zachery John A $930,000 --
Lowery & Associates $260,000 --
Chin Nicola C $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yenom Acquisitions Llc $521,550
Previous Owner Lowery & Associates $744,000
Previous Owner Chin Nicola C $142,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $525,000 +8.2% $67 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $485,000 +9.0% $62 / Sq Ft
04/09/2015 04/09/15 Sold $445,000 -25.8% $57 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/31/2014 03/31/14 For Sale $599,900 -- $76 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $4,878 $438,400 $103,440 $334,960
2023 $4,878 $435,560 $103,440 $332,120
2022 $16,329 $363,560 $103,440 $260,120
2021 $9,723 $210,000 $68,000 $142,000
2020 $9,137 $198,840 $23,600 $175,240
2019 $9,177 $270,960 $40,644 $230,316
2018 $10,068 $270,960 $41,040 $229,920
2017 $8,847 $231,440 $41,040 $190,400
2016 $5,826 $177,972 $41,132 $136,840
2014 -- $158,360 $41,040 $117,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 6666145

First Multiple Listing Service (FMLS)

APN: 16-047-01-026