NOT LISTED FOR SALE

8403 Newgate Trace Browns Summit, NC 27214

Estimated Value: $455,000 - $573,000

4 Beds
3.5 Baths
2,930 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 13, 2014

Last sale price $340,000 $116 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,113/month

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Porch
  • Northern Elementary School Rated A-
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of February 2014

New construction in the Northern school district. This plan has a large living room that opens up to the dining room and kitchen. It has a master suite on the main level and 3 additional bedroom on the 2nd. The bonus room has its own staircase and full bath. House sits on a great lot with a view of the pond.

Last Agent to Sell the Property

Joshua Mann

RE/MAX Realty Consultants License #251671 Listed on: 12/14/2013

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 2013 | Newly Remodeled

Lot Details

  • 0.86 Acre Lot
  • Property is zoned RS-30

HOA Fees

  • $66 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,930 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Walk-In Attic
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Northern Middle School
  • Northern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0130429
  • 1% Total Tax Rate

Community Details

Overview

  • Wellington Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,580

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$66 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.856
  • Subdivision Name: Wellington
  • Directions: Church Street to Right on Hwy 150, go 2 miles and take a Left on Fairgrove Church, Left on Bevil Oaks, Left on Cripplegate, Right on Newgate Trace.
  • Above Grade Finished Sq Ft: 2930
  • Unit Levels: Two
  • New Construction: Yes
  • Year Built: 2013
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2930
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Dishwasher, Gas Water Heater
  • Flooring: Carpet, Tile, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2930
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Pool Features: Community
  • Construction Type: Brick, Cement Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Zoned, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Northern
  • High School: Northern
  • Middle Or Junior School: Northern

Lot Info

  • Parcel #: 0130429
  • Zoning: RS-30
  • TRIADMLS_DeedPage: 1303
  • TRIADMLS_DeedBook: 7426

Tax Info

  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2013
Closed on
Feb 11, 2014
Sold by
Granville Homes Wellington
Bought by
Hess Leonard G and Hess Karen R
Seller's Agent
Joshua Mann
RE/MAX Realty Consultants
List Price
$343,000
Sold Price
$340,000
Premium/Discount to List
-$3,000
-0.87%
Current Estimated Value
$520,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,645
Avg. Annual Appreciation
4.15%
Original Mortgage
$272,000
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2012
Sold by
Bevill Lakes Farm Llc
Bought by
Granville Homes Wellington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 14, 2006
Bought by
Bevill Lakes Farm Llc
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
Hess Leonard G $340,000 None Available
Granville Homes Wellington Llc $62,000 None Available
Bevill Lakes Farm Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Leonard G $272,000
Previous Owner Granville Homes Wellington Llc $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2014 02/13/14 Sold $340,000 -0.9% $116 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
12/14/2013 12/14/13 For Sale $343,000 -- $117 / Sq Ft
Source: Triad MLS

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 $3,580 $402,100 $60,000 $342,100
2024 $3,580 $402,100 $60,000 $342,100
2023 $3,580 $402,100 $60,000 $342,100
2022 $3,500 $402,100 $60,000 $342,100
2021 $2,963 $340,400 $48,000 $292,400
2020 $2,963 $340,400 $48,000 $292,400
2019 $2,963 $340,400 $0 $0
2018 $2,914 $340,400 $0 $0
2017 $2,929 $340,400 $0 $0
2016 $2,902 $327,900 $0 $0
2015 $2,918 $327,900 $0 $0
2014 $2,011 $223,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 692627

Triad MLS

APN: 0130429