NOT LISTED FOR SALE

201 Colonial Reserve Ave Troutman, NC 28166

Troutman Neighborhood

Estimated Value: $402,000

3 Beds
2 Baths
1,853 Sq Ft
$217/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $387,900 $209 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,282/month

86 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Community Playground
  • Open Floorplan
  • Walk-In Closet
  • Laundry Room

About This Home

As of October 2024

Great one story open floor plan with lots of great features. Home features 3 spacious bedrooms with 2 full bathrooms, large granite island in the full equipped kitchen, a dedicated office space and a covered back porch with ceiling fan.


*By obtaining financing through our preferred lender take advantage of seller concessions, including Builder Paid Closing Costs and Interest Rate Buydowns. Plus take advantage of our Zero Down Programs.

Last Listed By

Michael Sceau

LGI Homes NC LLC Brokerage Phone: 704-493-3048 License #234526 Listed on: 05/10/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $459

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Property is zoned R-3

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,853 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Schools

  • Troutman Elementary And Middle School
  • South Iredell High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4731-35-7883.000

Community Details

Overview

  • American Property Association Management Association
  • Built by LGI Homes-NC, LLC
  • Colonial Crossing Subdivision, Burton Floorplan
  • Mandatory Home Owners Association

Amenities

  • Picnic Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$459

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Proposed Completion Date: 2024-10-24
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 209.34
  • Geocode Confidence: High
  • Attribution Contact: 704-493-3048
  • Special Features: NewHome

Interior Features

  • Foundation Details: Other - See Remarks
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Prewire, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1853
  • 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: 0
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1853
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1853
  • Bedroom Main: 3
  • Room Count: 8
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Fiberglass
  • Construction Type: Site Built
  • Construction Type: Shingle/Shake, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 376
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Picnic Area, Playground
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: American Property Association Management
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Troutman
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 4731-35-7883.000
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R-3

Building Info

  • Builder Name: LGI Homes-NC, LLC

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Troutman
  • High School: South Iredell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Oct 28, 2024
Sold by
Lgi Homes-Nc Llc
Bought by
Cole Matthew
Seller's Agent
Michael Sceau
LGI Homes NC LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$392,900
Sold Price
$387,900
Premium/Discount to List
-$5,000
-1.27%
Total Days on Market
86
Views
14
Current Estimated Value
$402,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,100
Original Mortgage
$349,110
Outstanding Balance
$347,420
Interest Rate
6.2%
Mortgage Type
New Conventional

Range of Values:

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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
Cole Matthew $388,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Matthew $349,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $387,900 0.0% $209 / Sq Ft
08/06/2024 08/06/24 Price Changed $387,900 -1.3% $209 / Sq Ft
07/19/2024 07/19/24 For Sale $392,900 +1.3% $212 / Sq Ft
07/12/2024 07/12/24 Off Market $387,900 -- --
06/07/2024 06/07/24 Price Changed $392,900 -0.3% $212 / Sq Ft
05/30/2024 05/30/24 Price Changed $393,900 0.0% $213 / Sq Ft
05/30/2024 05/30/24 For Sale $393,900 +1.5% $213 / Sq Ft
05/24/2024 05/24/24 Off Market $387,900 -- --
05/10/2024 05/10/24 For Sale $388,900 -- $210 / 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 $459 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4138796

Canopy MLS (Canopy Realtor® Association)

APN: 4731-35-7883.000