NOT LISTED FOR SALE

Estimated Value: $795,000 - $836,000

4 Beds
3.5 Baths
2,991 Sq Ft
$272/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $485,000 $162 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,824/month

12 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Ardrey Kell High Rated A+
  • Transitional Architecture
  • Recreation Facilities

About This Home

As of January 2020

Nearly new home in popular Rea Farms! Excellent location within close proximity to Rea Farms shopping center which includes Lifetime Fitness, restaurants, shopping and grocery plus nearby Waverly. Welcoming Front Porch, Excellent floorplan w/Formal DR, Living Rm/Office w/Glass Grench Drs, Open Kit design w/Large Quartz Island/Bar, Subway Tile Backsplash, Bkfast area, Gas Stove, Tons of Cabinets & Walk-In Pantry. GR w/Gas FP. Sizeable brms. Master BR w/2nd Gas Fireplace and Sitting Area, MBA w/separate Garden Tub and Shower, Separate Vanities plus Huge Walk-In Master Closet. Covered back patio/porch- detached rear load Gar. Blinds thru-out plus all the features you could want! Excellent schools and easy access to I-485. Smart Home and Energy Star features, Nest Thermostat plus Ring Doorbell. Builder warranty transfers. To explore nearby Rea Farms Shopping Center follow: https://www.reafarmsclt.com/retail/shopping/.

Last Agent to Sell the Property

Mary McCloskey

Allen Tate Charlotte South Brokerage Email: mary.mccloskey@allentate.com License #157504 Listed on: 11/06/2019

Allen Tate Charlotte South

Last Buyer's Agent

Balaji Tatineni

JVC Realty, LLC License #90392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 2019

Lot Details

  • 5,662 Sq Ft Lot
  • Lot Dimensions are 120x40x120x40
  • Level Lot
  • Property is zoned R234

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Parking

  • Detached Garage
  • Rear-Facing Garage
  • On-Street Parking

Outdoor Features

  • Front Porch

Schools

  • Polo Ridge Elementary School
  • Jay M. Robinson Middle School
  • Ardrey Kell High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 229-173-24

Community Details

Overview

  • Built by Lennar
  • Rea Farms Subdivision, Independence Floorplan
  • Mandatory home owners association

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,905

Year Built

Built in 2019

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2019
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 162.15
  • Attribution Contact: mary.mccloskey@allentate.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1432
  • 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: 1559
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 2991
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Door(s)
  • Fireplace Features: Gas Log, Great Room, Primary Bedroom
  • Living Area: 2991
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 10
  • Sq Ft Other: 489

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Detached Garage, Garage Faces Rear, On Street

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Recreation Area, Sidewalks, Street Lights
  • Association Fee: 95
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Jay M. Robinson
  • HOA Subject To: Required

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Parcel Number: 229-173-24
  • Lot Size Acres: 0.13
  • Lot Size: 120x40x120x40
  • Lot Size Sq Ft: 5662
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R234

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Lennar

MLS Schools

  • Elementary School: Polo Ridge
  • High School: Ardrey Kell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 16, 2020
Sold by
Pelusio Laura Jean and Pelusio Thomas A
Bought by
Mani Karthikeyan and Karthikeyan Bhuvanasakthi
Seller's Agent
Mary McCloskey
Allen Tate Charlotte South
Buyer's Agent
Balaji Tatineni
JVC Realty, LLC
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Total Days on Market
12
Current Estimated Value
$814,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,071
Avg. Annual Appreciation
10.32%
Original Mortgage
$240,000
Outstanding Balance
$214,304
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$609,825

Purchase Details

Closed on
Jan 29, 2019
Sold by
Calatlantic Group Inc
Bought by
Pelusio Laura Jean and Pelusio Thoas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Mani Karthikeyan $485,000 Chicago Title
Pelusio Laura Jean $426,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mani Karthikeyan $240,000
Previous Owner Pelusio Laura Jean $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $485,000 -2.0% $162 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/16/2019 11/16/19 For Sale $495,000 0.0% $165 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $495,000 -- $165 / 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
2023 $4,905 $662,700 $115,000 $547,700
2022 $4,242 $435,500 $115,000 $320,500
2021 $4,242 $435,500 $115,000 $320,500
2020 $4,283 $276,900 $115,000 $161,900
2019 $2,672 $276,900 $115,000 $161,900
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: 3565540

Canopy MLS (Canopy Realtor® Association)

APN: 229-173-24