NOT LISTED FOR SALE

5605 Ginger Ln Indian Trail, NC 28079

Estimated Value: $580,000 - $618,000

5 Beds
3 Baths
3,423 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 29, 2020

Last sale price $385,000 $112 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,522/month

53 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Community Indoor Pool
  • Poplin Elementary School Rated A
  • Den with Fireplace
  • Recreation Facilities

About This Home

As of July 2020

Amazing 2 story w/ 3-car garage, w/ new roof, HVAC 2 years old, beautiful landscaping, Pavestone patio w/ fire pit and built in charcoal grill with granite serving area, featuring new paint throughout, wainscoting, can lighting, ceiling fans, hardwood floors in most rooms. Presenting the most versatile & open concept imaginable, the very spacious kitchen layout flows perfectly into Breakfast Area, Sun Room and Great Room. The Kitchen features granite countertops, center-island, and SS appliances. Great Room features fireplace with gas logs, columns, and palladium style windows. This home overflows with natural light with windows galore, w/ tilt sashes and mullions. Huge Master Bedroom & Master Bath with 2 large walk-in closets, shower, and jetted garden tub. Just too many features to list. This is a must see!

Last Agent to Sell the Property

Joseph Collins

Collins REALTORS License #106522 Listed on: 05/02/2020

Last Buyer's Agent

Helen-Alyona Harp

Keller Williams Ballantyne Area License #298217

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • Many Trees

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 3

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-064-151

Community Details

Overview

  • Cusick Association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$7 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96491
  • Ratio Close Price By Original Li: 0.89556
  • Ratio Current Price By Acre: 987179.49
  • Ratio Current Price By Sq Ft: 112.47
  • Year Built: 2001
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1489
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Electric Range, Ice Maker Connection, Microwave, Natural Gas
  • Fireplace Description: Den, Gas Logs, Natural Gas
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 418
  • Main Level Sq Ft: 1934
  • Total Sq Ft: 3423

Exterior Features

  • Construction: Brick Partial, Vinyl, Wood
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car, Parking Space - 4+

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Indoor Pool, Lake, Outdoor Pool, Playground, Recreation Area, Sidewalk
  • Association Fee: 78.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cusick
  • Hoa Subject To Dues: Mandatory
  • Association #2 Fee Frequency: Annually

Lot Info

  • Lot Features: Trees
  • Parcel Number: 07-064-151
  • Zoning Specification: R

Tax Info

  • Tax Value: 291400.00
  • Tax Location: Indian Trail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jul 21, 2020
Sold by
Cruz Edgar Mtutinez and Paredes Agueda Melida
Bought by
Sarain Sergiu and Sarain Ina
Seller's Agent
Joseph Collins
Collins REALTORS
Buyer's Agent
Helen-Alyona Harp
Keller Williams Ballantyne Area
List Price
$429,900
Sold Price
$385,000
Premium/Discount to List
-$44,900
-10.44%
Current Estimated Value
$598,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,661
Avg. Annual Appreciation
8.50%
Original Mortgage
$365,750
Outstanding Balance
$322,248
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$276,413

Purchase Details

Closed on
Feb 19, 2013
Sold by
Federal National Mortgage Association
Bought by
Paredes Augeda Melida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Aldridge George N and Aldridge Kimberly H
Bought by
Negru Aleksey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2002
Sold by
Cain Howard A and Cain Linda G
Bought by
Aldridge George N and Huneycutt Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Interest Rate
7.75%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Nvr Inc
Bought by
Cain Howard A and Geer Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,752
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sarain Sergiu $192,500 None Available
Paredes Augeda Melida -- None Available
Negru Aleksey $258,000 --
Aldridge George N $256,000 --
Cain Howard A $271,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarain Sergiu $365,750
Previous Owner Paredes Augeda Melida $237,500
Previous Owner Negru Aleksey $206,400
Previous Owner Aldridge George N $204,800
Previous Owner Cain Howard A $216,752
Closed Aldridge George N $51,200
Closed Negru Aleksey $51,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $385,000 -3.5% $112 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $399,000 -3.9% $117 / Sq Ft
05/06/2020 05/06/20 Price Changed $415,000 -3.5% $121 / Sq Ft
05/02/2020 05/02/20 For Sale $429,900 -- $126 / 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 $4,426 $671,400 $0 $0
2024 $3,474 $400,200 $50,700 $349,500
2023 $3,340 $400,200 $50,700 $349,500
2022 $3,385 $400,200 $50,700 $349,500
2021 $3,316 $397,900 $50,700 $347,200
2020 $3,046 $291,400 $28,000 $263,400
2019 $3,046 $291,400 $28,000 $263,400
2018 $2,272 $291,400 $28,000 $263,400
2017 $3,053 $284,800 $28,000 $256,800
2016 $2,976 $284,800 $28,000 $256,800
2015 $2,357 $284,800 $28,000 $256,800
2014 $1,836 $257,100 $37,500 $219,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3613591

Canopy MLS (Canopy Realtor® Association)

APN: 07-064-151