NOT LISTED FOR SALE

5229 Prosperity Ridge Rd Unit 5229 Charlotte, NC 28269

Highland Creek Neighborhood

Estimated Value: $396,943 - $427,000

2 Beds
2 Baths
1,805 Sq Ft
$290/mo HOA Fee

Last Sold May 09, 2017

Last sale price $238,000 $132 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,667/month

62 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Engineered Wood Flooring
  • Open Floorplan
  • Pond
  • Tudor Architecture

About This Home

As of May 2017

Beautiful maintenance free living, all on one floor. Upgrades include hardwood flooring, ceramic tile, granite counter-tops, plantation shutters throughout, remote controlled ceiling fans, gas fireplace. 42 inch glazed cabinets with under cabinet lighting, Large laundry room with added storage plumbed for sink. Two car finished garage. Enjoy the bright sun-room with tile, vaulted ceiling and fan. Comm includes, pool, club house and fitness center.

Last Agent to Sell the Property

Team Heidi

Hines & Associates Realty LLC License #169147 Listed on: 01/30/2017

Hines & Associates Realty LLC

Last Buyer's Agent

George Rhynes

Horizon Key Real Estate LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2013

Lot Details

  • 7.39

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2

Home Design

  • Tudor Architecture
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Handicap Accessible
  • Pond
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02941165

Community Details

Overview

  • Ridge Road HOA
  • Built by Epcon

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2013

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 1 Story
  • Architectural Style: Tudor
  • Ratio Close Price By List Price: 0.99208
  • Ratio Close Price By Original Li: 0.95621
  • Ratio Current Price By Sq Ft: 131.86
  • Unit Floor Level: 1
  • Year Built: 2013
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Doors and Windows: Insulated Windows
  • Entry Level: Main
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Self Cleaning Oven, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Carpet
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Handicap Access, Open Floorplan, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Utility Room
  • Room Count: 1
  • Main Level Sq Ft: 1805
  • Total Sq Ft: 1805
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Total: 400

Exterior Features

  • Construction: Fiber Cement, Stone
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Pond, Outdoor Pool
  • Association Fee: 290.00
  • Association Fee Frequency: Monthly
  • Complex Name: Ridge Road Villas
  • HOA Management Company: Ridge Road HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Parkside
  • Middle School: Ridge Road
  • High School: Mallard Creek

Lot Info

  • Parcel Number: 02941165
  • Zoning Specification: R300

Building Info

  • Builder Name: Epcon

Tax Info

  • Tax Value: 239600.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Opendoor Property Trust I
Bought by
Witter Merithew Anna
Current Estimated Value
$405,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Outstanding Balance
$269,265
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$136,221

Purchase Details

Closed on
Jun 14, 2021
Sold by
Nicholson William M and Nicholson Michele M
Bought by
Opendoor Property Trust I

Purchase Details

Listed on
Jan 30, 2017
Closed on
May 9, 2017
Sold by
Schallert Anthony R
Bought by
Nicholson William M and Nicholson Michele M
Seller's Agent
Team Heidi
Hines & Associates Realty LLC
Buyer's Agent
George Rhynes
Horizon Key Real Estate LLC
List Price
$248,900
Sold Price
$238,000
Premium/Discount to List
-$10,900
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$108,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2013
Sold by
Carolina Style Properties Llc
Bought by
Schallert Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Witter Merithew Anna $329,000 Chicago Title Insurance Co
Opendoor Property Trust I $306,000 Chicago Title Insurance Co
Nicholson William M $238,000 None Available
Schallert Anthony R $252,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Witter Merithew Anna $295,920
Previous Owner Nicholson William M $108,000
Previous Owner Schallert Anthony R $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $238,000 -4.4% $132 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $248,900 -- $138 / 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
2025 $2,598 $336,528 -- $336,528
2024 $2,598 $336,528 -- $336,528
2023 $2,513 $336,528 $0 $336,528
2022 $2,594 $264,700 $0 $264,700
2021 $2,669 $264,700 $0 $264,700
2020 $2,594 $264,700 $0 $264,700
2019 $2,588 $264,700 $0 $264,700
2018 $3,171 $239,600 $52,000 $187,600
2017 $3,125 $239,600 $52,000 $187,600
2016 $3,122 $239,600 $52,000 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3246653

Canopy MLS (Canopy Realtor® Association)

APN: 029-411-65