NOT LISTED FOR SALE

7716 Burning Ridge Dr Stanley, NC 28164

Estimated Value: $662,000 - $799,000

4 Beds
3 Baths
3,050 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $690,000 $226 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,442/month

56 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Catawba Springs Elementary School Rated A
  • Deck
  • Mud Room

About This Home

As of May 2023

New Construction LKN area! Nearing completion. This home is stunning! It offers a beautiful chef's kitchen, with stainless steel appliances, wall oven, gas cooktop and a large quartz island. The kitchen is open to a great room for entertainment and easy access to the covered back deck. Additionally on the main floor you have a guest suite and a full bath. Upstairs you'll find the beautiful owner's suite with a his and her closet, a spacious spa like bathroom with laundry access. Also, upstairs you have two additional bedrooms and a full bath. One other nice feature includes a 3-car front load garage. This is a must see!!!

Last Agent to Sell the Property

Sarah Jenkins

DR Horton Inc License #292869 Listed on: 02/24/2023

Co-Listed By

Amanda Chaney

Toll Brothers Real Estate Inc License #193589

Last Buyer's Agent

Lisa Ciaravella

COMPASS License #299977

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.28

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Catawba Springs Elementary School
  • East Lincoln Middle School
  • East Lincoln High School

Additional Features

  • Property is zoned PD-MU CU
  • Forced Air Heating and Cooling System

Community Details

  • Built by Nest Homes
  • Treetops At Cowans Ford Subdivision, Chickadee Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 4612124161

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,948

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$39 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Restrictions: Architectural Review
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 226.23
  • Geocode Confidence: High
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Drop Zone, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1380
  • 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: 1670
  • Appliances: Dishwasher, Exhaust Hood, Gas Cooktop, Microwave, Wall Oven
  • Above Grade Finished Sq Ft: 3050
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Living Area: 3050
  • Bedroom Main: 1
  • Room Count: 8

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Faces Front

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
  • Cooling: Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 468
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 468.00

Schools

  • Middle Or Junior School: East Lincoln
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Parcel Number: 4612124161
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-MU CU

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Nest Homes

MLS Schools

  • Elementary School: Catawba Springs
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
May 10, 2023
Sold by
Nest Homes Llc
Bought by
Hansen Calli Thompson
Seller's Agent
Sarah Jenkins
DR Horton Inc
Buyer's Agent
Lisa Ciaravella
COMPASS
List Price
$800,975
Sold Price
$690,000
Premium/Discount to List
-$110,975
-13.85%
Views
45
Current Estimated Value
$747,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,605
Avg. Annual Appreciation
3.60%
Original Mortgage
$300,000
Outstanding Balance
$289,722
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$458,269

Purchase Details

Closed on
Aug 23, 2021
Sold by
River Top Development Llc
Bought by
Nest Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2018
Sold by
The Denver Group Llc
Bought by
River Top Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,533,163
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Hansen Calli Thompson $690,000 None Listed On Document
Nest Homes Llc $60,000 None Available
River Top Development Llc $238,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Calli Thompson $300,000
Previous Owner Nest Homes Llc $397,000
Previous Owner River Top Development Llc $1,533,163
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $690,000 -4.8% $226 / Sq Ft
03/29/2023 03/29/23 Price Changed $724,900 -3.3% $238 / Sq Ft
03/13/2023 03/13/23 Price Changed $749,900 -6.4% $246 / Sq Ft
02/24/2023 02/24/23 For Sale $800,975 -- $263 / 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
2025 $3,948 $630,506 $80,000 $550,506
2024 $3,912 $630,506 $80,000 $550,506
2023 $3,907 $630,506 $80,000 $550,506
2022 $1,958 $249,354 $65,000 $184,354
2021 $409 $55,000 $55,000 $0
2020 $383 $55,000 $55,000 $0
2019 $383 $55,000 $55,000 $0
2018 $336 $48,000 $48,000 $0
2017 $336 $48,000 $48,000 $0
2016 $335 $0 $0 $0
2015 $343 $48,000 $48,000 $0
2014 $394 $57,465 $57,465 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4004944

Canopy MLS (Canopy Realtor® Association)

APN: 85901