NOT LISTED FOR SALE

87 Chowan Dr Fletcher, NC 28732

Estimated Value: $415,000 - $425,529

3 Beds
2.5 Baths
1,700 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $375,000 $221 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,482/month

23 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Bar Fridge
  • Glenn C. Marlow Elementary School Rated A
  • Community Pool
  • Walk-In Closet

About This Home

As of October 2022

Been waiting for your chance to jump on a property in the highly desirable Riverstone neighborhood for under $375k? Now's your chance! This three bedroom, two and a half bath home is in immaculate condition that has been meticulously cared for. Enjoy the wide open floor plan as you prepare a meal for your family and cozy up on the couch on these cool fall evenings in front of the gas fireplace. It’s spacious two car garage is perfect for your vehicles or a workshop too! On top of all of that, the owners paid special attention to keeping the yard low maintenance - enjoy what this home has to offer without spending hours mowing and landscaping. Also, take a stroll down the street to the community pool and playground! And speaking of community…Riverstone is known for its community yard sales, trick or treating, and Christmas decorations! Houses in Riverstone move quick, so schedule your showing today!

Last Agent to Sell the Property

James Dager

Keller Williams Elite Realty License #331601 Listed on: 10/07/2022

Keller Williams Elite Realty

Last Buyer's Agent

Kathryn Watkins

Century 21 Connected License #112543

Century 21 Connected

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,045

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as R1

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Bar Fridge
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Glen Marlow Elementary School
  • Rugby Middle School
  • West Henderson High School

Utilities

  • Central Heating
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1007122

Community Details

Overview

  • R&P Property Managers Association, Phone Number (828) 845-5470
  • River Stone Subdivision
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,045

Year Built

Built in 2007

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2007
  • Ratio Current Price By Acre: 4687500.00
  • Restrictions: Building,Livestock Restriction,Subdivision,Use,Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 220.59
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1210
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 400
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 400
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 490
  • Porch: Front
  • Appliances: Bar Fridge, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas
  • Living Area: 1700
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence
  • New Construction: No
  • Roof: Composition
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Stone, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 400
  • Parking Features: Driveway, Garage - 2 Car

Utilities

  • Heating: Central, Heat Pump, Heat Pump, Natural Gas
  • Sewer: Public Sewer
  • Water Heater: Natural Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Street Lights
  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association Name: R&P Property Managers
  • Phone: 828-845-5470
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Rugby
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 350.00

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.08
  • Lot Size Units: Acres
  • Parcel Number: 1007122
  • Plat Book Slide: SLD/6582
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.40097

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Glen Marlow
  • High School: West Henderson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 31, 2022
Sold by
Cavanaugh Ian Andrew and Kelly Frith
Bought by
Motuz Daniel Scott and Motuz Catherine Manasa
Seller's Agent
James Dager
Keller Williams Elite Realty
Buyer's Agent
Kathryn Watkins
Century 21 Connected
List Price
$374,900
Sold Price
$375,000
Premium/Discount to List
$100
0.03%
Views
49
Current Estimated Value
$418,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,882
Avg. Annual Appreciation
5.02%
Original Mortgage
$275,000
Outstanding Balance
$266,194
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$164,380

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 13, 2018
Sold by
Bailey Patricia A
Bought by
Cavanaugh Ian Andrew and Cavanaugh Kelly Frith
Seller's Agent
Byron Bailey
GreyBeard Realty
Buyer's Agent
Jamie Greene
Carolina Mountain Sales
List Price
$270,000
Sold Price
$269,000
Premium/Discount to List
-$1,000
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$258,734
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 13, 2015
Sold by
Bot Jill A
Bought by
Bailey Patricia A
Seller's Agent
Lisa Cabe
Signature Properties of WNC, LLC.
Buyer's Agent
Byron Bailey
GreyBeard Realty
List Price
$212,385
Sold Price
$196,000
Premium/Discount to List
-$16,385
-7.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$97,000
Interest Rate
3.81%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 9, 2007
Sold by
Not Provided
Bought by
Bot Jill A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
6.37%
Mortgage Type
Cash

Purchase Details

Closed on
Jun 21, 2005
Sold by
Not Provided
Bought by
Bot Jill A
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
Motuz Daniel Scott $375,000 --
Cavanaugh Ian Andrew $269,000 --
Bailey Patricia A $196,000 --
Bot Jill A $183,500 --
Bot Jill A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motuz Daniel Scott $275,000
Previous Owner Cavanaugh Ian Andrew $270,400
Previous Owner Cavanaugh Ian Andrew $258,734
Previous Owner Bailey Patricia A $97,000
Previous Owner Bot Jill A $145,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $375,000 0.0% $221 / Sq Ft
10/07/2022 10/07/22 For Sale $374,900 +39.4% $221 / Sq Ft
08/14/2018 08/14/18 Sold $269,000 0.0% $160 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
06/29/2018 06/29/18 Price Changed $269,000 -0.4% $160 / Sq Ft
06/18/2018 06/18/18 For Sale $270,000 +37.8% $161 / Sq Ft
02/18/2015 02/18/15 Sold $196,000 -7.7% $117 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $212,385 -- $126 / 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 $2,045 $381,600 $110,000 $271,600
2024 $2,045 $381,600 $110,000 $271,600
2023 $2,045 $381,600 $110,000 $271,600
2022 $1,809 $267,600 $55,000 $212,600
2021 $1,809 $267,600 $55,000 $212,600
2020 $1,809 $267,600 $0 $0
2019 $1,809 $267,600 $0 $0
2018 $1,229 $180,800 $0 $0
2017 $1,229 $180,800 $0 $0
2016 $1,229 $180,800 $0 $0
2015 -- $180,800 $0 $0
2014 -- $172,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3896452

Canopy MLS (Canopy Realtor® Association)

APN: 1007122