NOT LISTED FOR SALE

532 Academy St Mc Adenville, NC 28101

Estimated Value: $610,347 - $685,000

4 Beds
3 Baths
3,164 Sq Ft
$205/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $383,000 $121 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,902/month

106 Days on Market

Highlights

  • Built in 2018 | Newly Remodeled
  • Deck
  • Vaulted Ceiling
  • Open Floorplan
  • Wooded Lot
  • Arts and Crafts Architecture

About This Home

As of August 2018

Unfinished basement home on wooded lot that offers bedroom and full bathroom on the main. Kitchen is open to the dining room, family room, and a breakfast area. Extensive hardwoods throughout main floor and stairs. . Quartz countertops in kitchen and butler's pantry. 3 bedrooms, 2 full baths and a large bonus room are located upstairs. Large walk-in closets provide plenty of storage. Great wooded homesite. Please see sales agent for clarification on roads.

Last Agent to Sell the Property

Bobbi Sharpe

Southeastern Premier Properties LLC Brokerage Email: info@bonterrabuilders.com License #272869 Listed on: 04/25/2018

Last Buyer's Agent

Non Member

Canopy Administration

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 92x217x90x198
  • Wooded Lot

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Arts and Crafts Architecture

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • No or Low VOC Paint or Finish
  • Fresh Air Ventilation System

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Mcadenville Elementary School
  • Holbrook Middle School
  • Stuart W Cramer High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Property Matters Realty Association, Phone Number (704) 861-0833
  • Built by Bonterra Builders
  • Mcadenville Village Subdivision, Eastover C Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 223815

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2018
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 121.05
  • Attribution Contact: info@bonterrabuilders.com
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1404
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1404
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 399
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1803
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1760
  • Appliances: Convection Oven, Disposal, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Light Fixtures, Exhaust Fan, Gas Oven, Gas Range, Low Flow Fixtures, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 3164
  • Has Basement: Basement
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Gas Vented
  • Living Area: 3164
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Waterfront Features: Lake
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Fresh Air Ventilation, Heat Pump, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Heat Pump, Zoned
  • Utilities: Cable Available, Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 260
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Property Matters Realty
  • Phone: 704-861-0833
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Holbrook
  • HOA Subject To: Required

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 223815
  • Development Status: Completed
  • Lot Size Acres: 0.42
  • Lot Size: 92x217x90x198
  • Lot Size Sq Ft: 18295
  • ResoLotSizeUnits: Acres
  • Zoning Specification: Res

Green Features

  • Green Sustainability: Engineered Wood Products, Low VOC Coatings

Building Info

  • Builder Name: Bonterra Builders

MLS Schools

  • Elementary School: McAdenville
  • High School: Stuart W Cramer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Aug 29, 2018
Sold by
Bonterra Builders Llc
Bought by
Phelps Jennifer and Whitlock Bradley
Seller's Agent
Bobbi Sharpe
Southeastern Premier Properties LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$409,900
Sold Price
$383,000
Premium/Discount to List
-$26,900
-6.56%
Current Estimated Value
$648,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,837
Avg. Annual Appreciation
7.49%
Original Mortgage
$70,000
Outstanding Balance
$60,918
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$587,919

Purchase Details

Closed on
Aug 7, 2017
Sold by
Wesleyan Development Llc
Bought by
Bonterra Builders 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
Phelps Jennifer $383,000 None Available
Bonterra Builders Llc $97,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Jennifer $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $383,000 -1.8% $121 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $389,900 -2.5% $123 / Sq Ft
05/03/2018 05/03/18 Price Changed $399,900 -2.4% $126 / Sq Ft
04/25/2018 04/25/18 For Sale $409,900 -- $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
2025 $5,608 $567,020 $55,000 $512,020
2024 $5,608 $567,020 $55,000 $512,020
2023 $5,670 $567,020 $55,000 $512,020
2022 $4,145 $345,430 $52,000 $293,430
2021 $4,007 $345,430 $52,000 $293,430
2019 $4,042 $345,430 $52,000 $293,430
2018 $432 $36,000 $36,000 $0
2017 $432 $36,000 $36,000 $0
2016 $421 $36,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3372129

Canopy MLS (Canopy Realtor® Association)

APN: 223815