NOT LISTED FOR SALE

5403 Frederick St Indian Trail, NC 28079

Estimated Value: $454,000 - $475,000

4 Beds
2.5 Baths
2,627 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $400,000 $152 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,693/month

2 Days on Market

Highlights

  • Transitional Architecture
  • Community Pool
  • Attached Garage
  • Poplin Elementary School Rated A
  • Fireplace
  • Community Playground

About This Home

As of January 2022

If you are looking for home in a great location this is one is it- Lake Park Community. Home has 2 year old appliances, HVAC is 2017, Furnace is 2018. Roof is 2017. New hot water heater -2020. Fireplace in the Family Room. Deck has been recently been restained and painted. Large Bed/Bonus in the upstairs. This home has all the room you need with lots of potential.

Last Agent to Sell the Property

Debra Kasey

Ivester Jackson Properties License #281462 Listed on: 12/06/2021

Last Buyer's Agent

Tony Karak

Better Homes and Garden Real Estate Paracle License #311207

Better Homes and Garden Real Estate Paracle

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Level Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows

Schools

  • Poplin Elementary School
  • Porter Ridge Middle School
  • Porter Ridge High School

Listing and Financial Details

  • Assessor Parcel Number 07-063-707

Community Details

Overview

  • Cusic Managment Association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.02564
  • Ratio Close Price By Original Li: 1.02564
  • Ratio Current Price By Acre: 1428571.43
  • Ratio Current Price By Sq Ft: 152.26
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1340
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Cooktop Electric, Dishwasher, Electric Oven, Security System
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1287
  • Total Sq Ft: 2627

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Parking Space - 4+
  • Sq Ft Garage: 489

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground
  • Association Fee: 78.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cusic Managment
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Poplin
  • Middle School: Porter Ridge
  • High School: Porter Ridge
  • Middle Or Junior School: Porter Ridge

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.280
  • Parcel Number: 07-063-707
  • Zoning Specification: AR7

Tax Info

  • Tax Value: 312700.00
  • Tax Location: Union

MLS Schools

  • Elementary School: Poplin
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 7, 2022
Sold by
Hardison and Jeffrey
Bought by
Rice Adam Nelson and Rice Jillian Elizabeth
Seller's Agent
Debra Kasey
Ivester Jackson Properties
Buyer's Agent
Tony Karak
Better Homes and Garden Real Estate Paracle
List Price
$390,000
Sold Price
$400,000
Premium/Discount to List
$10,000
2.56%
Current Estimated Value
$461,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,113
Avg. Annual Appreciation
4.10%
Original Mortgage
$380,000
Outstanding Balance
$353,816
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$109,946

Purchase Details

Closed on
Jul 27, 2020
Sold by
Little James H
Bought by
Hardison Luttita and Hardison Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Bak Alexandre N and Bak Tatijana
Bought by
Little James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2004
Sold by
Household Realty Corp
Bought by
Bak Alexandre N and Bak Tatijana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 22, 2004
Sold by
Schwertfeger Dennis and Schwertfeger Sharon
Bought by
Household Realty Corp

Purchase Details

Closed on
Jan 5, 2001
Sold by
Alley James L and Alley Judith K
Bought by
Schwertfeger Dennis and Schwertfeger Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
10.75%
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
Rice Adam Nelson $400,000 None Listed On Document
Hardison Luttita $240,000 None Available
Little James H $235,000 --
Bak Alexandre N $175,000 --
Household Realty Corp $174,552 --
Schwertfeger Dennis $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Adam Nelson $380,000
Previous Owner Hardison Luttita $250,000
Previous Owner Little James H $188,000
Previous Owner Little James H $47,000
Previous Owner Bak Alexandre N $50,000
Previous Owner Bak Alexandre N $140,000
Previous Owner Schwertfeger Dennis $15,439
Previous Owner Schwertfeger Dennis $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $400,000 +2.6% $152 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $390,000 -- $148 / 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 $2,760 $316,400 $50,700 $265,700
2023 $2,610 $312,700 $50,700 $262,000
2022 $2,655 $312,700 $50,700 $262,000
2021 $2,616 $312,700 $50,700 $262,000
2020 $1,686 $216,200 $31,500 $184,700
2019 $2,271 $216,200 $31,500 $184,700
2018 $1,686 $216,200 $31,500 $184,700
2017 $2,325 $216,200 $31,500 $184,700
2016 $1,762 $216,200 $31,500 $184,700
2015 $1,789 $216,200 $31,500 $184,700
2014 $1,406 $196,830 $37,500 $159,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3811173

Canopy MLS (Canopy Realtor® Association)

APN: 07-063-707