NOT LISTED FOR SALE

Estimated Value: $1,704,000 - $2,416,000

4 Beds
4.5 Baths
4,636 Sq Ft
$468/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $1,995,000 $430 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,765/month

Highlights

  • Bar Fridge
  • Attached Garage
  • Laundry Room
  • Dilworth Elementary School: Latta Campus Rated A-
  • Card or Code Access
  • Central Heating and Cooling System

About This Home

As of November 2023

This home is located at 625 Ideal Way, Charlotte, NC 28203 since 07 August 2023 and is currently estimated at $2,167,555, approximately $467 per square foot. This property was built in 2023. 625 Ideal Way is a home located in Mecklenburg County with nearby schools including Sedgefield Elementary, Dilworth Elementary School: Latta Campus, and Sedgefield Middle School.

Last Agent to Sell the Property

Non Member

Canopy Administration Listed on: 08/07/2023

Last Buyer's Agent

Brett Carraway

Northstar Real Estate, LLC License #289414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,555

Year Built

  • Built in 2023

Lot Details

  • Property is zoned R5

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Bar Fridge
  • Crawl Space
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Sunset Hills Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 121-071-09

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,555

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 430.33
  • Geocode Confidence: High
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2263
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2373
  • Appliances: Bar Fridge, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 4636
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 4636
  • Bedroom Main: 0
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Wood

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Inside, Laundry Room, Sink, Upper Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 121-071-09
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R5

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Nov 3, 2023
Sold by
625 Ideal Way Llc
Bought by
Patel Neal and Patel Sheilja A
Seller's Agent
Non Member
Canopy Administration
Buyer's Agent
Brett Carraway
Northstar Real Estate, LLC
List Price
$1,995,000
Sold Price
$1,995,000
Views
2
Current Estimated Value
$2,167,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,555
Avg. Annual Appreciation
6.64%
Original Mortgage
$1,795,300
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2022
Sold by
David E Watson 2011 Trust
Bought by
625 Ideal Way Llc

Purchase Details

Closed on
Dec 23, 2021
Sold by
Thornburg Neal P
Bought by
Watson David and David E Watson 2011 Trust

Purchase Details

Closed on
Aug 15, 1995
Sold by
Greene Ken and Greene Lisa F
Bought by
Thornburg Neal P
Source: Public Records

Range of Values:

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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
Patel Neal $1,995,000 None Listed On Document
625 Ideal Way Llc -- Lancaster Trotter & Poe Pllc
Watson David $475,000 None Available
Thornburg Neal P $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neal $1,805,000
Closed Patel Neal $1,795,300
Previous Owner Thornburg Neal Patrick $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $1,995,000 0.0% $430 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $1,995,000 -- $430 / 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 $12,555 $1,637,800 $540,000 $1,097,800
2023 $4,220 $556,400 $540,000 $16,400
2022 $4,373 $440,200 $427,500 $12,700
2021 $4,362 $440,200 $427,500 $12,700
2020 $4,355 $440,200 $427,500 $12,700
2019 $4,339 $440,200 $427,500 $12,700
2018 $2,453 $181,400 $160,000 $21,400
2017 $2,411 $181,400 $160,000 $21,400
2016 $2,402 $181,400 $160,000 $21,400
2015 $2,390 $181,400 $160,000 $21,400
2014 $2,735 $208,100 $160,000 $48,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4084858

Canopy MLS (Canopy Realtor® Association)

APN: 121-071-09