NOT LISTED FOR SALE

5602 Ginger Ln Indian Trail, NC 28079

Estimated Value: $492,563 - $565,000

4 Beds
2.5 Baths
2,778 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $321,000 $116 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,087/month

31 Days on Market

Highlights

  • Pond
  • Wooded Lot
  • Wood Flooring
  • Poplin Elementary School Rated A
  • Transitional Architecture
  • Community Pool

About This Home

As of October 2019

Beautiful home desirable Lake Park! Lovely home with beautiful wood floors, fresh interior paint & new carpet plus an open floor plan. Formal dining room with wainscoting, living/family room w/fireplace, half bath, generous office and large sunroom! Kitchen has granite countertops, stone backsplash, breakfast bar, castled, stained maple cabinets w/crown molding! Glass doors on 2 cabinets w/interior lights, pantry, SS appliances, gas stove & oven. Sunny breakfast rm & laundry rm complete the main floor. Upstairs is the generous sized master bedroom w/tray ceiling. Master bathroom has dual sinks, tile floors, new lighting, deep soaking tub and oversized, seamless glass shower! There are also 2 other nice sized bedrooms and hall bathroom with marble tile floors, tub/shower enclosure & updated lighting! Don’t forget the large bonus/bedroom with closet and attic access. Outside is patio and large, flat yard just waiting for you! Great location near shopping & highways & Union CO Schools!

Last Agent to Sell the Property

Wendy Richards

ProStead Realty Brokerage Email: wendyrichards3@gmail.com License #266513 Listed on: 08/11/2019

ProStead Realty

Last Buyer's Agent

Mimi Gilmore

Keller Williams Select License #223233

Keller Williams Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 82x130x127x177
  • Level Lot
  • Wooded Lot
  • Property is zoned AR7, R-10

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Family Room with Fireplace

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Attic

  • Walk-In Attic
  • Pull Down Stairs to Attic

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Pond
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-064-164

Community Details

Overview

  • Cusick Prop Mgmt Association
  • Built by Ryan
  • Lake Park Subdivision
  • Mandatory home owners association

Recreation

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

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2001
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 115.55
  • Attribution Contact: wendyrichards3@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Attic Walk In, Breakfast Bar, Cable Prewire
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1482
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1296
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 2778
  • Accessibility Features: Two or More Access Exits
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 2778
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: Lake, None
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s)
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Pond, Recreation Area, Sidewalks, Street Lights, Tennis Court(s), Walking Trails, Other
  • Association Fee: 79
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick Prop Mgmt
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Porter Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 07-064-164
  • Zoning: R-10
  • Development Status: Completed
  • Lot Size Acres: 0.345
  • Lot Size: 82X130X127X177
  • Lot Size Sq Ft: 15028
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AR7

Building Info

  • Builder Name: Ryan

MLS Schools

  • Elementary School: Poplin
  • High School: Porter Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2019
Closed on
Oct 24, 2019
Sold by
Kotsyuba Vasiliy and Kotsyuba Lyubov
Bought by
Cohen Jessica H
Seller's Agent
Wendy Richards
ProStead Realty
Buyer's Agent
Mimi Gilmore
Keller Williams Select
List Price
$319,000
Sold Price
$321,000
Premium/Discount to List
$2,000
0.63%
Current Estimated Value
$528,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,391
Avg. Annual Appreciation
8.41%
Original Mortgage
$237,000
Outstanding Balance
$206,705
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$321,686

Purchase Details

Closed on
Dec 22, 2004
Sold by
Paragon Relocation Resources Inc
Bought by
Kotsyuba Vasiliy and Kotsyuba Lyubov

Purchase Details

Closed on
Oct 29, 2004
Sold by
Faulkner Scott A and Faulkner Susan A
Bought by
Paragon Relocation Resources Inc

Purchase Details

Closed on
Jul 31, 2001
Sold by
Nvr Inc
Bought by
Faulkner Scott A and Faulkner Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,550
Interest Rate
5.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cohen Jessica H $321,000 Investors Title Insurance Co
Kotsyuba Vasiliy $205,000 --
Paragon Relocation Resources Inc $215,000 --
Faulkner Scott A $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Jessica H $237,000
Previous Owner Faulkner Scott A $145,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2019 10/24/19 Sold $321,000 +0.6% $116 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $319,000 0.0% $115 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
08/11/2019 08/11/19 For Sale $319,000 -- $115 / 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
2025 $3,634 $547,100 $0 $0
2024 $2,924 $335,700 $50,700 $285,000
2023 $2,802 $335,700 $50,700 $285,000
2022 $2,847 $335,700 $50,700 $285,000
2021 $2,805 $335,700 $50,700 $285,000
2020 $1,796 $230,400 $28,000 $202,400
2019 $2,417 $230,400 $28,000 $202,400
2018 $1,796 $230,400 $28,000 $202,400
2017 $1,915 $230,400 $28,000 $202,400
2016 $2,408 $230,400 $28,000 $202,400
2015 $1,907 $230,400 $28,000 $202,400
2014 $1,510 $211,330 $37,500 $173,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3539104

Canopy MLS (Canopy Realtor® Association)

APN: 07-064-164