$243,000
SOLD MAR 14, 2017

5512 Fulton Ridge Dr Indian Trail, NC 28079

4 Beds
2.5 Baths
2,694 Sq Ft
0.26 Acres

Recently Sold

$90 Per Sq Ft

8% Below List Price

6 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Corner Lot
  • Sun Valley Elementary School Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of December 2020

Incredible offering in sought after Shiloh Trace in Indian Trail! Level corner lot with fenced back yard and covered patio. 2 story great room with laundry room on same level as bedrooms. Lower study easily converted to main level (5th) bedroom. Huge master suite. Master bath has dual (high top) vanities and garden tub separate from shower. Island kitchen with tons of cabinets! Gas log fireplace. Formal DR & LR with crown molding and wainscoting. Walking distance to pool!

Last Agent to Sell the Property

Bill Ahls

NHB Group, Inc. License #249935 Listed on: 01/31/2017

Co-Listed By

Kim Ahls

NHB Group, Inc. License #278329

Last Buyer's Agent

Charleen Thompson

Berkshire Hathaway HomeServices Carolinas Realty License #219366

Berkshire Hathaway HomeServices Carolinas Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-093-396

Community Details

Overview

  • Key Management Association, Phone Number (704) 321-1556
  • Built by MDC Homes - Charlotte LLC

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$49 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.91698
  • Ratio Close Price By Original Li: 0.91698
  • Ratio Current Price By Acre: 934615.38
  • Ratio Current Price By Sq Ft: 90.20
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1362
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Oven, Self Cleaning Oven, Natural Gas, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: satellite receiver
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl, Wood
  • H O A Management Phone: 704-321-1556
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1332
  • Total Sq Ft: 2694
  • Sq Ft Unheated Main: 412
  • Sq Ft Unheated Total: 412

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 590.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Key Management
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.260
  • Parcel Number: 07-093-396
  • Zoning: Residential
  • Zoning Specification: R20

Building Info

  • Builder Name: MDC Homes - Charlotte LLC

Tax Info

  • Tax Value: 204400.00
  • Tax Location: Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Dec 11, 2020
Sold by
Faraizl Richard L and Faraizl Lindsay
Bought by
Ucbeab Simon and Fetaw Abrehet Brhane
Seller's Agent
Charleen Thompson
Berkshire Hathaway HomeServices Carolinas Realty
Buyer's Agent
Michael Haile
Carolina Living Associates LLC
List Price
$310,000
Sold Price
$313,000
Premium/Discount to List
$3,000
0.97%
Current Estimated Value
$471,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,839
Avg. Annual Appreciation
8.84%
Original Mortgage
$266,050
Outstanding Balance
$238,361
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$228,502

Purchase Details

Listed on
Jan 31, 2017
Closed on
Mar 13, 2017
Sold by
Grady Sean G O and Grady Candice M O
Bought by
Faraizl Richard L and Faraizl Lindsay
Seller's Agent
Bill Ahls
NHB Group, Inc.
Buyer's Agent
Charleen Thompson
Berkshire Hathaway HomeServices Carolinas Realty
List Price
$265,000
Sold Price
$243,000
Premium/Discount to List
-$22,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$230,850
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Verno Michael A and Verno Victoria R
Bought by
Ogrady Sean G and Ogrady Candice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,873
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2008
Sold by
The Bank Of New York Trust Co Na
Bought by
Verno Michael A and Verno Victoria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 21, 2008
Sold by
Blakeney Richard and Blakeney Mildred
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2004
Sold by
Mdc Homes Charlotte Llc
Bought by
Blakeney Richard and Blakeney Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,497
Interest Rate
9%
Mortgage Type
Unknown
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $313,000 None Available
Warranty Deed $243,000 None Available
Warranty Deed $182,500 None Available
Special Warranty Deed $208,000 None Available
Trustee Deed $231,764 None Available
Warranty Deed $209,000 Investors
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,050 New Conventional
Previous Owner $230,850 New Conventional
Previous Owner $166,400 New Conventional
Previous Owner $177,873 FHA
Previous Owner $120,000 Unknown
Previous Owner $198,497 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $313,000 +1.0% $120 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $310,000 +27.6% $119 / Sq Ft
03/14/2017 03/14/17 Sold $243,000 -8.3% $90 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $265,000 -- $98 / 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 $1,837 $292,600 $58,000 $234,600
2023 $1,830 $292,600 $58,000 $234,600
2022 $1,846 $295,200 $58,000 $237,200
2021 $1,842 $295,200 $58,000 $237,200
2020 $1,574 $204,400 $33,500 $170,900
2019 $1,566 $204,400 $33,500 $170,900
2018 $0 $204,400 $33,500 $170,900
2017 $1,656 $204,400 $33,500 $170,900
2016 $1,627 $204,400 $33,500 $170,900
2015 $1,645 $204,400 $33,500 $170,900
2014 $1,533 $223,070 $30,000 $193,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3246954

Canopy MLS (Canopy Realtor® Association)

APN: 07-093-396