NOT LISTED FOR SALE

7048 Founders Way Unit 5 Harrisburg, NC 28075

Estimated Value: $535,000 - $576,000

5 Beds
3 Baths
3,205 Sq Ft
$173/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $325,000 $101 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,502/month

189 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • 2 Car Attached Garage
  • Pitts School Road Elementary School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of November 2018

Highly Motivated Seller!! Amazing home in Founders Reserve for sale! 9 ft Ceilings on both floors and upgrades throughout. Guest bedroom and full bath on main floor! Open plan with columns framing the living room. 7" Hardwood in the first floor. Gorgeous kitchen with lots of cabinets and granite island. Large master has 2 owners closets and luxury bath. Over sized loft with plenty of room for kids play! Close to 485 with low taxes and great schools! Washer, Dryer and Refrigerator will convey. Seller willing to consider to provide some furniture in the house.

Last Agent to Sell the Property

Balaji Tatineni

JVC Realty, LLC Brokerage Email: tatinenib@gmail.com License #90392 Listed on: 04/07/2018

Last Buyer's Agent

Sami Bianouni

Ethics Realty Inc License #258842

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot
  • Property is zoned RM-1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Pitts Elementary School
  • Hickory Ridge Middle School
  • Hickory Ridge High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4597-87-3001-0000

Community Details

Overview

  • Association Management Solutions, Inc. Association
  • Built by Calatlantic
  • Founders Reserve Subdivision, Mcrae H Floorplan
  • Mandatory home owners association

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,023

Year Built

Built in 2016

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2016
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 101.40
  • Attribution Contact: tatinenib@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1435
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 480
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 480
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1770
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Exhaust Fan, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Trash Compactor, Washer
  • Above Grade Finished Sq Ft: 3205
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Gas Vented, Great Room
  • Living Area: 3205
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 1
  • Room Count: 14

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Stone, Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Zoned
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights, Walking Trails
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: Association Management Solutions, Inc.
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Hickory Ridge
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.35
  • Lot Size Units: Acres
  • Parcel Number: 4597-87-3001-0000
  • Plat Reference Section Pages: 0253
  • Development Status: Completed
  • Lot Size Acres: 0.35
  • Lot Size: 103*145
  • Lot Size Sq Ft: 15246
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-1

Building Info

  • Builder Name: Calatlantic

MLS Schools

  • Elementary School: Pitts School
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2018
Closed on
Nov 14, 2018
Sold by
Busireddy Ravinder Reddy and Vangala Swathy
Bought by
Ansary Md Abu Jafor and Siddika Mst Ayesha
Seller's Agent
Balaji Tatineni
JVC Realty, LLC
Buyer's Agent
Sami Bianouni
Ethics Realty Inc
List Price
$330,000
Sold Price
$325,000
Premium/Discount to List
-$5,000
-1.52%
Current Estimated Value
$555,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,335
Avg. Annual Appreciation
8.28%
Original Mortgage
$308,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2016
Sold by
Calatlantic Group Inc
Bought by
Busireddy Ravinder Reddy and Vangala Swathy
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
Ansary Md Abu Jafor $325,000 None Available
Busireddy Ravinder Reddy $317,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ansary Md Abu Jafor $277,400
Closed Ansary Abu Jafor $300,000
Closed Ansary Md Abu Jafor $306,700
Closed Ansary Md Abu Jafor $308,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $325,000 -1.5% $101 / Sq Ft
10/13/2018 10/13/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $330,000 0.0% $103 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
08/07/2018 08/07/18 Price Changed $330,000 -1.5% $103 / Sq Ft
07/23/2018 07/23/18 Price Changed $335,000 -2.3% $105 / Sq Ft
07/19/2018 07/19/18 Price Changed $343,000 -1.4% $107 / Sq Ft
07/14/2018 07/14/18 Price Changed $348,000 -2.0% $109 / Sq Ft
07/03/2018 07/03/18 Price Changed $355,000 -2.7% $111 / Sq Ft
06/08/2018 06/08/18 Price Changed $365,000 -2.1% $114 / Sq Ft
05/25/2018 05/25/18 Price Changed $373,000 -2.6% $116 / Sq Ft
04/24/2018 04/24/18 Price Changed $383,000 -1.0% $120 / Sq Ft
04/07/2018 04/07/18 For Sale $387,000 -- $121 / 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 $5,023 $509,480 $95,000 $414,480
2023 $3,934 $334,790 $56,000 $278,790
2022 $3,934 $334,790 $56,000 $278,790
2021 $3,666 $334,790 $56,000 $278,790
2020 $3,666 $334,790 $56,000 $278,790
2019 $3,449 $314,940 $30,000 $284,940
2018 $3,384 $314,770 $30,000 $284,770
2017 $3,116 $314,770 $30,000 $284,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3377612

Canopy MLS (Canopy Realtor® Association)

APN: 4597-87-3001-0000