NOT LISTED FOR SALE

Estimated Value: $382,072 - $431,000

5 Beds
3 Baths
2,454 Sq Ft
$166/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $249,990 $102 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,502/month

Highlights

  • Under Construction
  • Fireplace
  • Vinyl Plank Flooring
  • Open Floorplan
  • Kitchen Island

About This Home

As of March 2020

Location! Location! Elmwood will be a dream for any commuter! Located in an “up-and-coming” area, close to Uptown Charlotte, Mountain Island Lake and the U.S. National Whitewater Center! Also convenient to the Charlotte Douglas International Airport - Elmwood is the perfect place to call home! Several homesites and plans available. And if you want upgrades, they are included: Granite Counter Tops, Stainless Steel Appliances, Fireplace, Double Bowl Sinks in Hall and Master Bath, 5ft Shower with Glass Enclosure in Master Bath and an 8' x 10' Extended Rear Patio!

Last Agent to Sell the Property

Jerry Harwell

Distinctly U Realty LLC License #193162 Listed on: 01/13/2020

Co-Listed By

James Harkey

DR Horton Inc License #266001

Last Buyer's Agent

Brandon Young

Green Olive Realty, LLC License #295576

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 5,663

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • Open Floorplan
  • Fireplace
  • Vinyl Plank Flooring
  • Kitchen Island

Community Details

  • Henderson Properties Association
  • Built by DR HORTON

Listing and Financial Details

  • Assessor Parcel Number LOT 41

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 10.00360
  • Ratio Current Price By Acre: 1811521.74
  • Ratio Current Price By Sq Ft: 101.87
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1410
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Cable Prewire, Electric Range, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl Plank
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1044
  • Total Sq Ft: 2454

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 350.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Henderson Properties
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Tuckaseegee
  • Middle School: Whitewater
  • High School: West Mecklenburg

Lot Info

  • Lot Size Area: 0.138
  • Parcel Number: LOT 41
  • Zoning Specification: R-3

Building Info

  • Builder Name: DR HORTON

Tax Info

  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Mar 31, 2020
Sold by
D R Horton Inc
Bought by
Spencer Leon and Jones Vernice
Seller's Agent
Jerry Harwell
Distinctly U Realty LLC
Buyer's Agent
Brandon Young
Green Olive Realty, LLC
List Price
$24,990
Sold Price
$249,990
Premium/Discount to List
$225,000
900.36%
Current Estimated Value
$408,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,528
Avg. Annual Appreciation
9.47%
Original Mortgage
$245,461
Outstanding Balance
$219,791
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$187,372
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
Spencer Leon $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Leon $245,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $249,990 0.0% $102 / Sq Ft
01/16/2020 01/16/20 Price Changed $249,990 +900.4% $102 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $24,990 -- $10 / 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 $2,967 $371,600 $65,000 $306,600
2023 $2,865 $371,600 $65,000 $306,600
2022 $2,558 $265,100 $42,000 $223,100
2021 $2,673 $265,100 $42,000 $223,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3581850

Canopy MLS (Canopy Realtor® Association)

APN: 059-225-60