NOT LISTED FOR SALE

5823 Waterfall Place Charlotte, NC 28215

Estimated Value: $461,000 - $545,000

4 Beds
3.5 Baths
2,406 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $500,240 $208 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,391/month

Highlights

  • Under Construction
  • Open Floorplan
  • Lawn
  • Hickory Ridge Elementary School Rated A
  • Transitional Architecture
  • Recreation Facilities

About This Home

As of September 2023

MLS#4065473 REPRESENTATIVE PHOTOS ADDED. Early Fall Completion. The Tahoe at Terraces at Farmington features a main floor owner’s suite with large shower and generous walk-in closet. On the ground floor, a drop zone and half bath is accessed from the rear 2-car garage. Cross the threshold into a vibrant and open-concept kitchen and casual dining area. The second floor offers an inviting layout that features a study at the top of the stairs. A second owner’s suite with shower, bath and walk in closet is located upstairs. 2 additional bedrooms and full bath are found on the second floor along with the conveniently located laundry. Design upgrades feature white cabinetry, quartz countertops in kitchen, paint and cabinet hardware. Structural options added include: tray ceiling at owner’s suite, dual owner’s bath #2, dual owner’s suite in place of loft, laundry sink and study in place of flex.

Last Agent to Sell the Property

Lindsay Payne

Taylor Morrison of Carolinas Inc License #289171 Listed on: 08/31/2023

Last Buyer's Agent

Non Member

Canopy Administration

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • Lot Dimensions are 31 x 91
  • Lawn

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Pull Down Stairs to Attic
  • Electric Dryer Hookup

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Covered patio or porch

Schools

  • Hickory Ridge Elementary And Middle School
  • Hickory Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-024K-0084.00

Community Details

Overview

  • Evergreen Lifestyles Management Association, Phone Number (877) 221-6919
  • Terraces At Farmington Condos
  • Built by Taylor Morrison
  • Terraces At Farmington Subdivision, Tahoe Farmhouse Floorplan
  • Mandatory home owners association

Recreation

  • Recreation Facilities
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,602

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Transitional
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Proposed Completion Date: 2023-09-30
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 207.91
  • Geocode Confidence: High
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1086
  • 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: 1320
  • Appliances: Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 2406
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2406
  • Bedroom Main: 1
  • Room Count: 11

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Zoned
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Utilities: Underground Power Lines
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Recreation Area, Sidewalks, Street Lights, Walking Trails, Other
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Terraces at Farmington
  • Senior Community: No
  • Association Name: Evergreen Lifestyles Management
  • Phone: 877-221-6919
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2700.00

Schools

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

Lot Info

  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Parcel Number: 01-024K-0084.00
  • Zoning: PUD
  • Land Included Yn: 1
  • Development Status: Under Construction
  • Lot Size: 31 x 91
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Taylor Morrison

MLS Schools

  • Elementary School: Hickory Ridge
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Sep 1, 2023
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Perry Erin Symone
Seller's Agent
Lindsay Payne
Taylor Morrison of Carolinas Inc
Buyer's Agent
Non Member
Canopy Administration
List Price
$500,040
Sold Price
$500,240
Premium/Discount to List
$200
0.04%
Views
5
Current Estimated Value
$508,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,801
Avg. Annual Appreciation
1.92%
Original Mortgage
$472,287
Outstanding Balance
$464,249
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$54,567
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
Perry Erin Symone -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Erin Symone $472,287
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $500,240 0.0% $208 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $500,040 -- $208 / 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 $4,602 $466,690 $90,000 $376,690
2023 -- $66,000 $66,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4065473

Canopy MLS (Canopy Realtor® Association)

APN: 5506-15-1122-0000