RENTED MAY 1, 2025

5841 Waterfall Place Charlotte, NC 28215

Estimated Value: $483,900 - $510,000

1 Bed
1.5 Baths
2,385 Sq Ft
$208/Sq Ft Est. Value

About This Home

As of May 2025

Introducing a stunning 4 bedroom, 3.5 bathroom home in the desirable city of Charlotte, NC. This modern home features an open concept plan on the main floor. The kitchen has a wall oven/microwave, island, stainless steel appliances, gas cooktop, and a large walk-in pantry. The main floor has a guest bedroom and a full bath. Luxury vinyl plank throughout the main floor and the upstairs hallway. The second floor consists of an office with French doors, a laundry room, including a washer and dryer, two spacious secondary bedrooms, and a sizeable primary suite. The primary bath has a huge walk-in shower with a glass wall and a large walk-in closet. Two car rear load garage. Easy access to major transportation arteries, shopping, and dining. Great schools. No Smoking. No Assistance Programs. $75/adult application fee. Resident Benefits Package of $40.95/per month is required; $125 admin fee; pets are conditional with a non-refundable pet fee and a $20/month pet fee.

Last Agent to Rent the Property

Kandi Autry- Reynolds

Carolinas Signature Property Management LLC Brokerage Email: kandi@carolinassignature.com License #256388 Listed on: 04/15/2025

Last Renter's Agent

Kandi Autry- Reynolds

Carolinas Signature Property Management LLC Brokerage Email: kandi@carolinassignature.com License #256388 Listed on: 04/15/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2023

Lot Details

  • 2,352

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

Community Details

  • Terraces At Farmington Subdivision

Listing and Financial Details

  • Security Deposit $2,699
  • Property Available on 5/10/25
  • Assessor Parcel Number 5506-15-0157-0000

Townhouse Details

Home Type

Townhome

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2025-05-10
  • Security Deposit: 2699
  • Application Fee: 75

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Townhouse
  • Year Built: 2023
  • Road Surface Type: Paved
  • Unit Levels: Two
  • ResoPropertyType: ResidentialLease
  • Geocode Confidence: High
  • Attribution Contact: kandi@carolinassignature.com
  • Special Features: NewHome

Interior Features

  • Entry Level: 1
  • Fireplace: No
  • Interior Amenities: None
  • Sq Ft Unheated Total: 0
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Bedroom Main: 1

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5506-15-0157-0000
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Kotapati Khadga N
Current Estimated Value
$494,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,657
Outstanding Balance
$394,459
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$100,516
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kotapati Khadga N $449,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotapati Khadga N $403,657
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Rented $2,699 0.0% --
04/15/2025 04/15/25 For Rent $2,699 0.0% --
10/19/2023 10/19/23 Rented $2,700 -3.4% --
10/02/2023 10/02/23 Price Changed $2,795 -6.7% $1 / Sq Ft
08/30/2023 08/30/23 Price Changed $2,995 -3.4% $1 / Sq Ft
08/23/2023 08/23/23 For Rent $3,100 -- --
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 $4,474 $453,720 $90,000 $363,720
2024 $4,474 $453,720 $90,000 $363,720
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: 4247499

Canopy MLS (Canopy Realtor® Association)

APN: 5506-15-0157-0000