NOT LISTED FOR SALE

531 River View Dr Lowell, NC 28098

Estimated Value: $290,000 - $323,000

4 Beds
2.5 Baths
1,696 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $212,500 $125 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,868/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Level Lot
  • Community Playground
  • Attic Fan

About This Home

As of September 2020

Amazing 4 bedroom / 2-1/2 bath home with Master bedroom on the Main floor and 3 bedrooms upstairs. Beautiful open floor plan and cathedral ceiling in living room makes it great for entertaining. Large kitchen with tons of storage. Each bedroom has very generous closet space. Fenced backyard is flat and wonderful for outdoor activities.

Last Agent to Sell the Property

Casey Helms

Fathom Realty NC LLC License #266825 Listed on: 07/31/2020

Fathom Realty NC LLC

Last Buyer's Agent

George Kypreos

Keller Williams South Park License #313543

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Level Lot
  • Cleared Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Attic Fan

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 199413
  • Tax Block 181

Community Details

Overview

  • Bumgardner Management Association, Phone Number (704) 829-7878

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1.5 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.98883
  • Ratio Close Price By Original Li: 0.98883
  • Ratio Current Price By Acre: 1416666.67
  • Ratio Current Price By Sq Ft: 125.29
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 637
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Disposal, Electric Dryer Hookup, Electric Oven, Refrigerator
  • Flooring: Carpet, Laminate Wood, Tile
  • H O A Management Phone: 704-829-7878
  • Interior Amenities: Attic Fan, Cable Available
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1059
  • Total Sq Ft: 1696
  • Sq Ft Unheated Main: 406
  • Sq Ft Unheated Total: 406

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 184.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Bumgardner Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Cleared, Level
  • Parcel Number: 199413
  • Plat Book Slide: 3698
  • Zoning Specification: R1H

Tax Info

  • Tax Value: 166040.00
  • Tax Block: 181
  • Tax Location: Lowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Charlotte Llc
Bought by
Progress Residential Borrower 16 Llc
Current Estimated Value
$307,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962
Outstanding Balance
$66,801
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$240,299

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 29, 2017
Sold by
Hobbs Timothy
Bought by
Frokedal Thomas P and Frokedal Danielle C
Seller's Agent
Carolyn Goodrum
L&E Properties
Buyer's Agent
Yvonne Burton
Howard Hanna Allen Tate Gastonia
List Price
$155,000
Sold Price
$158,000
Premium/Discount to List
$3,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$159,595
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2015
Sold by
Rochelle Jessica
Bought by
Hobbs Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,632
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2012
Sold by
Rochelle Joshua
Bought by
Rochelle Jessica

Purchase Details

Closed on
May 2, 2011
Sold by
Fulton Janice
Bought by
Rochelle Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,424
Interest Rate
4.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2003
Sold by
Crossmann Communities Of N Carolina Inc
Bought by
Fulton Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,265
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
Sold by
Frokedal Thomas P and Frokedal Danielle C
Bought by
Progress Charlotte Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Progress Residential Borrower 16 Llc -- Servicelink Title Company
Progess Resid Borrower 16 Llc -- New Title Company Name
Frokedal Thomas P $158,000 None Available
Hobbs Timothy $129,000 Attorney
Rochelle Jessica -- None Available
Rochelle Jessica $122,000 None Available
Fulton Janice $129,000 --
Progress Charlotte Llc $212,500 Bridgetrust Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progess Resid Borrower 16 Llc $468,962
Open Progess Resid Borrower 16 Llc $468,962,000
Previous Owner Frokedal Thomas P $159,595
Previous Owner Hobbs Timothy $131,632
Previous Owner Rochelle Jessica $126,424
Previous Owner Fulton Janice $122,265
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2020 09/21/20 Sold $212,500 -1.1% $125 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $214,900 +36.0% $127 / Sq Ft
09/29/2017 09/29/17 Sold $158,000 +1.9% $93 / Sq Ft View Prior Sale
08/16/2017 08/16/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $155,000 0.0% $91 / Sq Ft
03/14/2014 03/14/14 Rented $1,050 -4.5% --
02/12/2014 02/12/14 Under Contract -- -- --
01/01/2014 01/01/14 For Rent $1,100 0.0% --
04/11/2012 04/11/12 Rented $1,100 -8.3% --
04/11/2012 04/11/12 For Rent $1,200 -- --
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 $3,107 $290,620 $28,000 $262,620
2024 $3,107 $290,620 $28,000 $262,620
2023 $3,444 $290,620 $28,000 $262,620
2022 $2,341 $166,040 $21,000 $145,040
2021 $2,192 $166,040 $21,000 $145,040
2020 $2,092 $166,040 $21,000 $145,040
2019 $2,109 $166,040 $21,000 $145,040
2018 $1,538 $118,275 $19,200 $99,075
2017 $1,538 $118,275 $19,200 $99,075
2016 $1,538 $118,275 $0 $0
2014 $1,785 $137,336 $26,000 $111,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3646978

Canopy MLS (Canopy Realtor® Association)

APN: 199413