NOT LISTED FOR SALE

5503 Fulton Ridge Dr Indian Trail, NC 28079

Estimated Value: $444,862 - $490,000

4 Beds
2.5 Baths
2,580 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $301,000 $117 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,724/month

1 Day on Market

Highlights

  • Open Floorplan
  • Pond
  • Community Pool
  • Sun Valley Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of October 2020

Drive up to your new home and enjoy brand new professional landscaping! Walk through the front door to a wide open 2-story foyer embellished in new hardwood floors throughout (2019). You'll also find a formal dining and living room to each side of the foyer. A private office on the main level is great for working from home. Get cozy in the spacious 2-story family room perfect for entertaining as it is open to the chef's kitchen which features granite countertops, custom backsplash, an oversized island, and cabinets galore. Step out back to a bright and cheery sunroom and enjoy some of Carolina's best sunsets from your own backyard. Upstairs is an incredibly spacious owner's suite complete with deep tray ceilings. The master bath boasts granite countertops, dual vanity sinks, a stand-up shower, and garden tub. Upstairs you will also find the convenience of the laundry room and 3 additional bedrooms. Moments away from Sun Valley, this home benefits from LOW Union County taxes only!

Last Agent to Sell the Property

Leah Long

Better Homes and Garden Real Estate Paracle License #275247 Listed on: 08/24/2020

Better Homes and Garden Real Estate Paracle

Last Buyer's Agent

Michael Haile

Carolina Living Associates LLC License #305752

Carolina Living Associates LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 9,148

HOA Fees

  • $54 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Outdoor Features

  • Pond
  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 07-093-401

Community Details

Overview

  • Key Community Management Association, Phone Number (704) 321-1556

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

HOA Fees

$54 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 1.00333
  • Ratio Close Price By Original Li: 1.00333
  • Ratio Current Price By Acre: 1433333.33
  • Ratio Current Price By Sq Ft: 116.67
  • Special Assessment Description: $100 Paid for Tennis Court Resurfacing
  • Special Assessment Yn: Yes
  • Year Built: 2003
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1282
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Cooktop Electric, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Microwave
  • Fireplace Description: Great Room, Natural Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: (704) 321-1556
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1298
  • Total Sq Ft: 2580
  • Sq Ft Unheated Main: 120
  • Sq Ft Unheated Total: 120

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Picnic Area, Playground, Pond, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 650.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key Community Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Shiloh
  • Middle School: Sun Valley
  • High School: Sun Valley

Lot Info

  • Lot Size Area: 0.210
  • Parcel Number: 07-093-401
  • Zoning Specification: RES

Tax Info

  • Tax Value: 200900.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 9, 2020
Sold by
Long Joshua T and Long Leah N
Bought by
Musgun Yonas Sengal and Megos Abeba Habtemariam
Seller's Agent
Leah Long
Better Homes and Garden Real Estate Paracle
Buyer's Agent
Michael Haile
Carolina Living Associates LLC
List Price
$300,000
Sold Price
$301,000
Premium/Discount to List
$1,000
0.33%
Total Days on Market
1
Current Estimated Value
$462,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,249
Avg. Annual Appreciation
8.84%
Original Mortgage
$270,900
Outstanding Balance
$243,658
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,742

Purchase Details

Closed on
Jun 19, 2014
Sold by
Simms Charles and Simms Shirley
Bought by
Long Joshua T and Long Leah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2004
Sold by
Mdc Homes Charlotte Llc
Bought by
Simms Charles and Simms Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,600
Interest Rate
7.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Musgun Yonas Sengal $301,000 None Available
Long Joshua T $220,000 Chicago Title Insurance Co
Simms Charles $193,000 Investors
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musgun Yonas Sengal $270,900
Previous Owner Long Joshua T $216,015
Previous Owner Simms Charles $135,450
Previous Owner Simms Charles $136,500
Previous Owner Simms Charles H $14,510
Previous Owner Simms Charles $160,000
Previous Owner Simms Charles $182,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $301,000 +0.3% $117 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $300,000 -- $116 / 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 $1,809 $288,200 $58,000 $230,200
2023 $1,803 $288,200 $58,000 $230,200
2022 $1,803 $288,200 $58,000 $230,200
2021 $1,799 $288,200 $58,000 $230,200
2020 $1,547 $200,900 $33,500 $167,400
2019 $1,540 $200,900 $33,500 $167,400
2018 $1,540 $200,900 $33,500 $167,400
2017 $1,628 $200,900 $33,500 $167,400
2016 $1,599 $200,900 $33,500 $167,400
2015 $1,617 $200,900 $33,500 $167,400
2014 $1,549 $225,400 $30,000 $195,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3649903

Canopy MLS (Canopy Realtor® Association)

APN: 07-093-401