NOT LISTED FOR SALE

5611 Cold Springs Rd Charlotte, NC 28215

Estimated Value: $309,000 - $326,000

3 Beds
2.5 Baths
1,553 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $180,000 $116 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,924/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Fireplace
  • Hickory Ridge Elementary School Rated A

About This Home

As of June 2017

!WOW! What an awesome home, top to bottom custom touches everywhere in this home. Gorgeous white shaker cabinets with quartz counters and full appliance set. Focal point fireplace in central living room with stone veneer and breathtaking mantle. Excellent circulation between kitchen/living/dining and new exterior deck leading to expansive rear yard. Master suite features full bath with walk-in shower. Don't miss this home!

Last Agent to Sell the Property

Steve Casselman

EXP Realty LLC Ballantyne License #272611 Listed on: 04/11/2017

EXP Realty LLC Ballantyne

Last Buyer's Agent

Trinh Forstner

Mackey Realty LLC License #255858

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.29

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Insulated Windows

Flooring

  • Wood
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5506-21-2025-0000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00559
  • Ratio Close Price By Original Li: 0.95238
  • Ratio Current Price By Acre: 620689.66
  • Ratio Current Price By Sq Ft: 115.90
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 705
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 441
  • Main Level Sq Ft: 848
  • Total Sq Ft: 1553

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: irregular
  • Lot Size Area: 0.290
  • Parcel Number: 5506-21-2025-0000
  • Zoning: Residential
  • Zoning Specification: LDR

Tax Info

  • Tax Value: 137560.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
May 18, 2017
Sold by
Tpm Properties Lp
Bought by
Keo Phally
Seller's Agent
Steve Casselman
EXP Realty LLC Ballantyne
Buyer's Agent
Trinh Forstner
Mackey Realty LLC
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Current Estimated Value
$320,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,328
Avg. Annual Appreciation
7.24%
Original Mortgage
$181,818
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Bank Of America Na
Bought by
Traphagen Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,693
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2011
Sold by
Smith Brian J and Estate Of Laura Grace Smith
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 23, 2006
Sold by
Drezek David Paul and Drezek Chantal A
Bought by
Smith Brian J and Smith Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 7, 2000
Sold by
Grant Ruth C and Grant Richard
Bought by
Drezek David Paul and Drezek Chantal A

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
7.62%

Purchase Details

Closed on
Jul 1, 1993
Bought by
Grant Ruth C

Purchase Details

Closed on
Aug 1, 1988
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
Keo Phally $180,000 None Available
Traphagen Matthew R $91,000 None Available
Bank Of America Na $135,000 None Available
Smith Brian J $135,000 None Available
Drezek David Paul $123,500 --
Grant Ruth C $92,000 --
-- $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keo Phally $50,000
Open Keo Phally $209,500
Closed Keo Phally $181,818
Previous Owner Traphagen Matthew R $88,693
Previous Owner Smith Brian J $135,000
Previous Owner Drezek David P $108,000
Previous Owner Drezek David Paul $108,800
Previous Owner Drezek David Paul $20,400
Previous Owner Drezek David Paul $122,100
Previous Owner Drezek David Paul $117,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $180,000 -4.8% $116 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $189,000 -- $122 / 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 $2,300 $316,810 $70,000 $246,810
2023 $1,520 $170,770 $40,000 $130,770
2022 $1,520 $170,770 $40,000 $130,770
2021 $1,520 $170,770 $40,000 $130,770
2020 $1,520 $170,770 $40,000 $130,770
2019 $1,224 $137,560 $20,000 $117,560
2018 $1,197 $137,560 $20,000 $117,560
2017 $1,144 $137,560 $20,000 $117,560
2016 $1,144 $111,350 $16,500 $94,850
2015 $904 $111,350 $16,500 $94,850
2014 $904 $111,350 $16,500 $94,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3270116

Canopy MLS (Canopy Realtor® Association)

APN: 5506-21-2025-0000