NOT LISTED FOR SALE

5502 Carolina Way Burlington, KY 41005

Estimated Value: $220,131 - $231,000

2 Beds
2 Baths
1,045 Sq Ft
$288/mo HOA Fee

Last Sold May 06, 2021

Last sale price $180,000 $172 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,676/month

13 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Deck
  • Stephens Elementary School Rated A-
  • Granite Flooring
  • Vaulted Ceiling

About This Home

As of May 2021

Spacious 2nd floor end unit condo overlooking Meadowood Golf Course! This is a super clean home with updated kitchen with granite counters, bright cabinets, stainless steel appliances, newer flooring throughout and direct entry garage. Why wait for a new build when this feels like new? Relax on the screened porch, you can't beat this view. Enjoy the community pool and exercise room! Great location offers privacy and convenience near Amazon hub, shopping and highways!

Last Agent to Sell the Property

Brett Butler

Comey & Shepherd, Inc License #248709 Listed on: 03/10/2021

Comey & Shepherd, Inc

Last Buyer's Agent

Traci Nestheide

Coldwell Banker Realty License #247166

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,944

Year Built

  • Built in 1996

Lot Details

  • Property fronts a private road
  • Landscaped

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Property Views

  • Lake
  • Pond
  • Golf Course
  • Woods

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,045 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Panel Doors
  • Garage Access

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Granite
  • Marble
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Stephens Elementary School
  • Camp Ernst Middle School
  • Conner Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • No Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 049.00-21-005.08

Community Details

Overview

  • Association fees include management
  • Towne Properties Association, Phone Number (513) 291-5858
  • Meadowood Greene Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,944

Year Built

Built in 1996

Lot Details

0

HOA Fees

$288 per month

Parking

1

Listing Details

  • Cooling: Central Air
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.02
  • Year Built: 1996
  • Lot Size: Condo
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Meadowood Greene
  • Directions: Highway 237 to Golf Club Dr. to Left on Carolina Way.
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyType: Residential
  • Location Tax Legal Info:Property Attached YN: Yes
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Stephens Elementary
  • Location Tax Legal Info:Middle or Junior School: Camp Ernst Middle School
  • Location Tax Legal Info:High School: Conner Senior High
  • Location Tax Legal Info:Subdivision2: Meadowood Greene
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Condo
  • General Property Description:Approx SqFt2: 1245.0
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Room Details:Family Room YN: No
  • Room Details:Formal Dining Rm YN: No
  • General Property Description:Lot Size Acres: 0.0224
  • General Property Description:Living Area: 1045.0
  • General Property Description:Lot Size Square Feet: 975.74
  • Utilities:None14: Yes
  • Architecture:Traditional: Yes
  • Levels:Two: Yes
  • Location Tax Legal Info:Tax ID: 049.00-21-005.08
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • View:TreesWoods: Yes
  • Road Frontage Type:Private Road: Yes
  • Condo Information:Entry Level: 1
  • Pets Allowed:Pets Allowed: Yes
  • Condo Information:Elevator(s)2: No
  • View:Pond2: Yes
  • View:Lake2: Yes
  • View:Golf Course2: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), French Doors, High Ceilings, Multi Panel Doors, Vaulted Ceiling(s)
  • Basement: None
  • Heating: Forced Air, Electric
  • Levels: Two
  • Entry Level: 1
  • Property Type: Residential
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1045.0
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Multi Panel Doors: Yes
  • Interior Features:French Doors: Yes
  • Kitchen Features Pantry: Yes
  • Primary Bedroom Features:Bath Adjoins: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bedroom Features:Walk-In Closet(s): Yes
  • Primary Bath Features:Shower: Yes
  • Living Room Features:Carpet Flooring2: Yes
  • Kitchen Features:Laminate Flooring4: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Kitchen Features:Breakfast Bar: Yes
  • Kitchen Features:Marble Flooring2: Yes
  • Primary Bath Features:Double Vanity: Yes
  • Primary Bath Features:Ceramic Tile Flooring: Yes
  • Basement:None10: Yes
  • Appliances Range: Yes
  • Kitchen Features:Granite Flooring2: Yes
  • Kitchen Features:Slate Flooring2: Yes
  • Dining Room Features:Carpet Flooring3: Yes
  • Primary Bath Features:Granite Flooring3: Yes
  • Primary Bath Features:Marble Flooring3: Yes
  • Primary Bath Features:Slate Flooring3: Yes

Exterior Features

  • View: Golf Course, Lake, Pond, Trees/Woods
  • Roof: Shingle
  • View: Yes
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch
  • Construction Materials:Brick2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio and Porch Features:Covered: Yes
  • Patio and Porch Features:Deck: Yes
  • Patio and Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio and Porch Features:Enclosed: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • General Property Description:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Condo Information:Direct Entry Garage-Unit: Yes
  • Condo Information:Direct Entry Garage-Building: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, None
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Amenities: Landscaping, Pool, Fitness Center
  • Association Fee: 288.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Information:Association YN: Yes
  • Association Information:Association Management Name 1: Towne Properties
  • Association Information:Association Management Phone 1: 513-291-5858
  • Association Information:Total Yearly Fees: 3456.0
  • Association Information:Association Fee: 288.0
  • Association Information:Association Fee Frequency: Monthly
  • Association Amenities:Management: Yes
  • Association Amenities:Pool5: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Landscaping: Yes

Fee Information

  • Association Fee Includes: Management

Schools

  • Elementary School: Stephens Elementary
  • Junior High Dist: Boone Co Public
  • High School: Conner Senior High
  • Middle Or Junior School: Camp Ernst Middle School

Lot Info

  • Lot Size Sq Ft: 975.74
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
May 6, 2021
Sold by
Blankenship David K and Blankenship Maggie
Bought by
Colley Anthony P and Colley Jeanne
Seller's Agent
Brett Butler
Comey & Shepherd, Inc
Buyer's Agent
Traci Nestheide
Coldwell Banker Realty
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$225,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,033
Avg. Annual Appreciation
5.80%
Original Mortgage
$171,000
Outstanding Balance
$155,626
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$73,882

Purchase Details

Closed on
May 26, 1998
Sold by
A H D Group Llc
Bought by
Blankenship David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Colley Anthony P $180,000 360 American Title Svcs Llc
Blankenship David K $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colley Anthony P $171,000
Previous Owner Blankenship David K $73,900
Previous Owner Blankenship David K $15,347
Previous Owner Blankenship David K $92,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $180,000 -2.7% $172 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $185,000 -- $177 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

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 $1,944 $180,000 $0 $180,000
2023 $1,922 $180,000 $0 $180,000
2022 $2,006 $180,000 $0 $180,000
2021 $1,628 $145,000 $0 $145,000
2020 $1,189 $109,000 $0 $109,000
2019 $1,198 $109,000 $0 $109,000
2018 $1,254 $109,000 $0 $109,000
2017 $1,188 $109,000 $0 $109,000
2015 $1,179 $109,000 $0 $109,000
2013 -- $109,000 $0 $109,000
Source: Public Records

Agents Affiliated with this Home

  • Brett Butler

    Seller's Agent in 2021

    Brett Butler

    Comey & Shepherd, Inc

    (513) 218-1751

    1 in this area

    100 Total Sales

    Brett Butler
    Section Image
  • Traci Nestheide

    Buyer's Agent in 2021

    Traci Nestheide

    Coldwell Banker Realty

    (859) 409-8815

    4 in this area

    212 Total Sales

    Traci Nestheide
    Section Image
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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 546605

Northern Kentucky Multiple Listing Service

APN: 049.00-21-005.08

Kentucky Boone County Burlington 41005

5502 Carolina Way, Burlington, KY

This home is located at 5502 Carolina Way, Burlington, KY 41005 since 10 March 2021 and is currently estimated at $225,033, approximately $215 per square foot. This property was built in 1996. 5502 Carolina Way is a home located in Boone County with nearby schools including Stephens Elementary School, Camp Ernst Middle School, and Conner High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing information is deemed reliable, but not guaranteed.

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