NOT LISTED FOR SALE

5531 Carolina Way Burlington, KY 41005

Estimated Value: $201,000 - $226,000

2 Beds
2 Baths
1,446 Sq Ft
$288/mo HOA Fee

Last Sold November 17, 2021

Last sale price $169,900 $117 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,616/month

2 Days on Market

Highlights

  • View of Trees or Woods
  • Clubhouse
  • Wooded Lot
  • Stephens Elementary School Rated A-
  • Deck
  • Traditional Architecture

About This Home

As of November 2021

Spacious w/an Open Plan Offering Soaring Ceilings & Ready for Entertaining*Upgraded Kitchen Boasts Counter Bar, Newer Laminate Flooring & Tile Backsplash*Living Rm Offers Walk-out to Covered Deck Overlooking Wooded View*Master Suite Features Designer Bath & Walk-in Closet*Sizable Second Bedroom*Community Amenities Include Pool & Clubhouse*Situated near Golf Course, Dining & Shops

Last Agent to Sell the Property

Dianna Caldwell

eXp Realty, LLC Listed on: 10/06/2021

Last Buyer's Agent

Clayton Horan

H/R Real Estate LLC License #230889

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,839

Year Built

  • Built in 1991

Lot Details

  • Landscaped
  • Wooded Lot

HOA Fees

  • $288 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,446 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Chandelier
  • French Doors
  • Panel Doors
  • Formal Dining Room
  • Views of Woods
  • Garage Access
  • Intercom

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • 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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • No Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 049.00-21-004.07

Community Details

Overview

  • Association fees include management
  • Towne Properties Association, Phone Number (859) 291-5858
  • Meadowood Greene Condos Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,839

Year Built

Built in 1991

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: 1991
  • Lot Size: Irregular
  • Subdivision Name: Meadowood Greene Condos
  • Directions: KY 237 to Golf Club Dr, Left on Carolina Way
  • Architectural Style: Traditional
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Apartment
  • 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: Other
  • Contract Info:Auction YN: No
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: Irregular
  • General Property Description:Approx SqFt2: 1446.0
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Room Details:Family Room YN: No
  • Room Details:Formal Dining Rm YN: Yes
  • General Property Description:Lot Size Acres: 0.0247
  • General Property Description:Living Area: 1446.0
  • General Property Description:Lot Size Square Feet: 1075.93
  • Security Features:Smoke Detector(s): Yes
  • Utilities:None14: Yes
  • Architecture:Traditional: Yes
  • Location Tax Legal Info:Tax ID: 049.00-21-004.07
  • View:TreesWoods: Yes
  • Condo Information:Entry Level: 1
  • Condo Information:Elevator(s)2: No
  • Structure Type:Apartment: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), French Doors, High Ceilings, Intercom, Multi Panel Doors
  • Basement: None
  • Heating: Heat Pump, Electric
  • Levels: One
  • Entry Level: 1
  • Property Type: Residential
  • Appliances: Dishwasher, Microwave, Oven, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1446.0
  • 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
  • Kitchen Features:Wood Cabinets: Yes
  • Primary Bedroom Features:Bath Adjoins: Yes
  • Primary Bedroom Features:Carpet Flooring5: Yes
  • Primary Bedroom Features:Walk-In Closet(s): Yes
  • Living Room Features:Walk-Out Access: Yes
  • Primary Bath Features:Shower: Yes
  • Living Room Features:Carpet Flooring2: Yes
  • Kitchen Features:Laminate Flooring4: Yes
  • Kitchen Features:Ceramic Tile Flooring2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Dining Room Features:Chandelier: Yes
  • Kitchen Features:Breakfast Bar: Yes
  • Kitchen Features:Solid Surface Counters: Yes
  • Primary Bath Features:Double Vanity: Yes
  • Basement:None10: Yes
  • Appliances Range: Yes
  • Dining Room Features:Carpet Flooring3: Yes
  • Interior Features:Intercom2: Yes

Exterior Features

  • View: Trees/Woods
  • Roof: Shingle
  • Lot Features: Wooded
  • View: Yes
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Patio And Porch Features: Covered, Deck, Patio
  • 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
  • Lot Features:Wooded: 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
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, None
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Amenities: Landscaping, Pool, Clubhouse
  • 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: 859-291-5858
  • 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:Clubhouse: Yes
  • Association Amenities:Pool5: 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: 1075.93
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 17, 2021
Sold by
Wright Kregg T and Wright Emily Erin
Bought by
Poeppelman Coleton G
Seller's Agent
Dianna Caldwell
eXp Realty, LLC
Buyer's Agent
Clayton Horan
H/R Real Estate LLC
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$215,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,809
Avg. Annual Appreciation
7.32%
Original Mortgage
$164,803
Outstanding Balance
$151,646
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$70,259

Purchase Details

Closed on
Mar 2, 2017
Sold by
Burcham Joshua A
Bought by
Wright Kregg T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,325
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2005
Sold by
Noll Builders Llc
Bought by
Burcham Joshua A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2000
Sold by
Meadowood Greene Llc
Bought by
Noll Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.92%
Mortgage Type
New Conventional
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
Poeppelman Coleton G $169,900 360 American Title Svcs Llc
Poeppelman Coleton G $169,900 360 American Title
Wright Kregg T $123,500 None Available
Burcham Joshua A $120,750 Advanced Land Title Agency
Noll Builders Llc $110,000 Advanced Land Title Agency
Noll Properties Llc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poeppelman Coleton G $164,803
Closed Poeppelman Coleton G $164,803
Previous Owner Wright Kregg T $15,000
Previous Owner Wright Kregg T $117,325
Previous Owner Burcham Joshua A $106,200
Previous Owner Noll Builders Llc $114,000
Previous Owner Noll Properties Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $169,900 0.0% $117 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $169,900 -- $117 / 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 $1,839 $169,900 $0 $169,900
2023 $1,815 $169,900 $0 $169,900
2022 $1,823 $169,900 $0 $169,900
2021 $1,628 $145,000 $0 $145,000
2020 $1,347 $123,500 $0 $123,500
2019 $1,358 $123,500 $0 $123,500
2018 $1,411 $120,750 $0 $120,750
2017 $1,316 $120,750 $0 $120,750
2015 $1,307 $120,750 $0 $120,750
2013 -- $120,750 $0 $120,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 553659

Northern Kentucky Multiple Listing Service

APN: 049.00-21-004.07