NOT LISTED FOR SALE

7001 W Duncan Rd Unit 2 Indian Trail, NC 28079

Estimated Value: $1,106,127 - $1,249,000

4 Beds
4.5 Baths
5,115 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 19, 2019

Last sale price $645,144 $126 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,567/month

77 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Wood Flooring
  • Fairview Elementary School Rated A-
  • Contemporary Architecture
  • Attic

About This Home

As of October 2019

Exquisite custom home located in Indian Trail. Over 5000 sq.ft. On 4.4 acres, a rare find. Only minutes from I-485, located near Charlotte National Golf Course, Beautiful hardiplank, gray with darker gray trim, 3 car garage, This home features 12’ ceilings in main living area; master bedroom, with sitting room, large walk in closets, free standing tub, shower. Barn doors are used for the entrances to the sitting room and Master Bathroom from Master Bedroom. Large modern kitchen, stainless steel appliances w/ huge island. The dining room has tray work, accent walls, 2 fireplaces, 1 electric, coffered work in great room and kitchen ceilings, 3 HVAC units, 3 bedrooms besides master o n main level, one bedroom with bathroom. 1530 Sq. Ft. upstairs with office, study, bonus and full bath.



large modern kitchen, large island

Last Agent to Sell the Property

Joseph Collins

Collins REALTORS License #106522 Listed on: 04/19/2019

Last Buyer's Agent

Amanda Hargett

Falcon One Properties, LLC License #296049

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 4.45

Parking

  • 3

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Kitchen Island
  • Attic

Flooring

  • Wood
  • Tile

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 08-258-012

Home Details

Home Type

Single Family

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Contemporary
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 0.93513
  • Ratio Close Price By Original Li: 0.93513
  • Ratio Current Price By Acre: 144976.18
  • Ratio Current Price By Sq Ft: 126.13
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1530
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Electric Dryer Hookup, Electric Range, Microwave, Refrigerator, Exhaust Hood, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Walk-in, Built-Ins, Kitchen Island, Open Floorplan, Tray Ceiling
  • Laundry Location: Main
  • Room Count: 2
  • Sq Ft Additional: 493
  • Main Level Sq Ft: 3585
  • Total Sq Ft: 5115
  • Sq Ft Unheated Main: 904
  • Sq Ft Unheated Total: 904

Exterior Features

  • Construction: Metal, Shingle
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 3 Car

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: irregular
  • Lot Size Area: 4.450
  • Parcel Number: 08-258-012
  • Zoning Specification: RA40

Tax Info

  • Tax Value: 112500.00
  • Tax Location: Buncombe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Formeck Daniel
Bought by
Formeck Daniel and Hargett Kristen
Current Estimated Value
$1,177,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,955
Outstanding Balance
$533,976
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$643,588

Purchase Details

Listed on
Apr 19, 2019
Closed on
Oct 9, 2019
Sold by
Murza David and Murza Irina I
Bought by
Formeck Daniel
Seller's Agent
Joseph Collins
Collins REALTORS
Buyer's Agent
Amanda Hargett
Falcon One Properties, LLC
List Price
$689,900
Sold Price
$645,144
Premium/Discount to List
-$44,756
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$604,837
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Aug 1, 2018
Sold by
Buttar Daljit and Buttar Viktoriya
Bought by
Murza David and Murza Irina I
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
Formeck Daniel -- Nationwide Ttl Clearing Inc
Formeck Daniel $645,000 None Available
Murza David $112,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formeck Daniel $601,955
Closed Formeck Daniel $604,837
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2019 10/19/19 Sold $645,144 -6.5% $126 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $689,900 -- $135 / 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 $4,691 $701,700 $112,200 $589,500
2023 $4,619 $701,700 $112,200 $589,500
2022 $4,619 $701,700 $112,200 $589,500
2021 $4,624 $701,700 $112,200 $589,500
2020 $634 $83,130 $83,130 $0
2019 $634 $83,130 $83,130 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3498147

Canopy MLS (Canopy Realtor® Association)

APN: 08-258-012