NOT LISTED FOR SALE

5850 Showers Way Charlotte, NC 28215

Silverwood Neighborhood

Estimated Value: $412,000 - $429,000

3 Beds
2.5 Baths
1,849 Sq Ft
$228/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $434,366 $235 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,765/month

3 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Recreation Facilities
  • Open Floorplan
  • Lawn
  • Covered Patio or Porch

About This Home

As of April 2024

MLS # 4040948 REPRESENTATIVE PHOTOS ADDED. In the Alpine, cross the threshold from the owner’s entry into an open-concept kitchen and casual dining area. A spacious gathering area at the front of the home, a rear covered porch, and a convenient half bath complete the first floor. The second floor offers an inviting layout that includes a dedicated study at the top of the stairs. All three bedrooms, including the deluxe owner's suite with a large walk-in shower, are found on the second floor along with the conveniently located laundry room and secondary bath. Structural options include: tray ceiling, large walk-in owner's shower, and study. Rare opportunity to pick your design upgrades, colors and materials and customize your new home in Farmington! The price shown includes $20k to spend in design center; actual final price will vary based on buyer's selections.

Last Agent to Sell the Property

Stacey Delozier

Taylor Morrison of Carolinas Inc Brokerage Email: sdelozier@taylormorrison.com License #277874 Listed on: 06/15/2023

Co-Listed By

Lindsay Payne

Taylor Morrison of Carolinas Inc Brokerage Email: sdelozier@taylormorrison.com License #289171

Last Buyer's Agent

Raghu Kukunoor

Red Bricks Realty LLC License #332614

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2,614

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Transitional Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • Covered Patio or Porch
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 01-024K-0095.00

Community Details

Overview

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

Recreation

  • Recreation Facilities
  • Trails

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,911

Year Built

Built in 2023 | New 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
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Proposed Completion Date: 2024-04-30
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 234.92
  • Geocode Confidence: High
  • Attribution Contact: sdelozier@taylormorrison.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Entry Level: 2
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 716
  • 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: 1133
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Plumbed For Ice Maker, Wall Oven
  • Above Grade Finished Sq Ft: 1849
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1849
  • Bedroom Main: 0
  • Room Count: 8
  • Sq Ft Other: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Fiber Cement, Shingle/Shake
  • Patio And Porch Features: Covered, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 389
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Rear

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 Features: Other - See Remarks
  • Lot Size Area: 0.067
  • Lot Size Units: Acres
  • Parcel Number: 01-024K-0095.00
  • Land Included Yn: 1
  • Development Status: Proposed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

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
Jun 15, 2023
Closed on
Mar 14, 2024
Sold by
Taylor Morrison/Carolinas Inc
Bought by
Padamati Prathyusha and Suddhula Karthik
Seller's Agent
Stacey Delozier
Taylor Morrison of Carolinas Inc
Buyer's Agent
Raghu Kukunoor
Red Bricks Realty LLC
List Price
$411,470
Sold Price
$434,366
Premium/Discount to List
$22,896
5.56%
Views
12
Current Estimated Value
$422,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,241
Avg. Annual Appreciation
-1.89%
Original Mortgage
$426,498
Outstanding Balance
$419,615
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$2,510
Source: Public Records

Range of Values:

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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
Padamati Prathyusha $434,500 None Listed On Document
Padamati Prathyusha $434,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padamati Prathyusha $426,498
Closed Padamati Prathyusha $426,498
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $434,366 +5.6% $235 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $411,470 -- $223 / 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 $3,911 $396,700 $90,000 $306,700
2024 $2,103 $213,320 $90,000 $123,320
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stacey Delozier

    Taylor Morrison of Carolinas Inc

    Section Image
  • Lindsay Payne

    Seller Co-Listing Agent in 2024

    Lindsay Payne

    Taylor Morrison of Carolinas Inc

    (704) 607-9984

    2 in this area

    210 Total Sales

    Lindsay Payne
    Section Image
  • Raghu Kukunoor

    Buyer's Agent in 2024

    Raghu Kukunoor

    Red Bricks Realty LLC

    (980) 300-1514

    2 in this area

    164 Total Sales

    Raghu Kukunoor
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4040948

Canopy MLS (Canopy Realtor® Association)

APN: 5506-15-1021-0000

North Carolina Cabarrus County Charlotte 28215 Silverwood

5850 Showers Way, Charlotte, NC

This home is located at 5850 Showers Way, Charlotte, NC 28215 since 15 June 2023 and is currently estimated at $422,125, approximately $228 per square foot. This property was built in 2023. 5850 Showers Way is a home located in Cabarrus County with nearby schools including Reedy Creek Elementary School, Northridge Middle School, and Rocky River High School.

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