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169 Falls Cove Drive
169 Falls Cove Drive
$545,494 (our value guesstimate)
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Troutman, NC 28166 ▪  (MLS # 3708928)
Built: 2019  ▪   Primary Up
5 bed  ▪  4 full & 1 half bath  ▪  3,484 Sq Ft
Sold for $380,000 on Apr 30, 2021
169 Falls Cove Drive
$545,494 (our value guesstimate)
Troutman, NC 28166 ▪  (MLS # 3708928)
Built: 2019  ▪   Primary Up
5 bed  ▪  4 full & 1 half bath  ▪  3,484 Sq Ft
Sold for $380,000 on Apr 30, 2021
SOLD APR 30, 2021
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$380,000  (sales price)
5 bed  ▪  4 full & 1 half bath  ▪  3,484 Sq Ft
169 Falls Cove Drive
Troutman, NC 28166 (MLS # 3708928)
.25 acres  ▪   Built: 2019  ▪   Primary Bedroom Up
Subdivision: Falls Cove at Lake Norman
Troutman, NC / 28166

Our Value Guesstimate (from Computer Algorithm): $545,494

Our computer algorithm has estimated that this home would be likely to sell in a range between $463,670 and $627,318.
Sale Details
Sales Price: $380,000
Closed: Apr 30, 2021 (1,064 days ago)
List Price: $374,000
Sold for: 102% of list price
Cumulative Days on Market: 0
Price/Sq Ft: $109
Remarks - 169 Falls Cove Drive
(from previous listing) Built in 2019 with tons of upgrades in the newly established Falls Cove at Lake Norman Community! 5 bedroom 4.5 baths with an open floor plan. Large guest suite on main with full bathroom. One of the best lots in the best lots in the neighborhood featuring a large, flat fenced in backyard. White Kitchen Cabinets,back splash, granite counter tops, stainless steel appliances, Large Master with tiled shower and Large walk in closet. Spacious loft just off of stairs on second floor. Numerous upgrade ...
Continue reading

General Info - MLS # 3708928
Parking: Attached
Year Built: 2019
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .25 acres
Area Schools
7/10
Troutman Elementary School
Distance: 1.5 mi
4/10
Troutman Middle School
Distance: 1.3 mi
8/10
South Iredell High School
Distance: 2.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Falls Cove at Lake Norman
Community Features: Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
04/30/2021: MLS Sold for $380,000 (Canopy MLS)
Cumulative Days on Market: N/A
More details

09/17/2019: MLS # 3541405 sold for $295,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 2
County Tax Data
2023 County Tax Assessment: $462,720
Next Iredell County Tax Assessment: 2027

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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  More Home Details
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See Sold Homes in Falls Cove at Lake Norman
SOLD OCT 16, 2023
Sold for $144/Sq Ft & 100% of list
6 cumulative days on market
$487,500 (sales price)
5 bed  ▪  4 full & 1 h. bath  ▪  3,396 SqFt
131 Rooster Tail Ln
Troutman, NC 28166
Falls Cove at Lake Norman
0.2 mi.

SOLD JUN 22, 2023
Sold for $135/Sq Ft & 99% of list
202 cumulative days on market
$457,000 (sales price)
5 bed  ▪  4 full & 1 h. bath  ▪  3,391 SqFt
177 Falls Cove Dr
Troutman, NC 28166
Falls Cove at Lake Norman
0.0 mi.

SOLD JUN 20, 2023
Sold for $140/Sq Ft & 97% of list
27 cumulative days on market
$475,000 (sales price)
5 bed  ▪  4 full & 1 h. bath  ▪  3,382 SqFt
112 Outrigger Ln
Troutman, NC 28166
Falls Cove at Lake Norman
0.2 mi.

Neighborhood Summary (single family)
Falls Cove At Lake Norman

Sales in:

Median $ / Sq Ft (single family)
Falls Cove At Lake Norman




28166 ZIP Code Trends
28166 ZIP Code Trends

OUR RATING: LESS COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28166 is the 64th most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28166 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

36
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

36%
of Available Homes
Are Under Contract
36% of previously owned 28166-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28166 Area Metro Area
1-year + 3% + 2%
2-year + 2% + 2%
5-year +56% +66%
The price per square foot of 28166-area re-sale homes has increased by approximately 56% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

36
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 36 cumulative days on market in the 28166 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price

22% of previously owned 28166-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28166.

Price Per Square Foot Change
Period 28166
Area
Metro
Area
1-year + 3% + 2%
2-year + 2% + 2%
5-year +56% +66%

The price per square foot of 28166-area re-sale homes has increased by approximately 56% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $193 per square foot in 28166 over the past 90 days - as compared to $212 for the entire metro area.

36%
of Available Homes
Are Under Contract

36% of previously owned 28166-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $545,494

Our computer algorithm has estimated that this home would be likely to sell in a range between $463,670 and $627,318.


Sale Details
Sales Price: $380,000
Closed: Apr 30, 2021 (1,064 days ago)
List Price: $374,000
Sold for: 102% of list price
Cumulative Days on Market: 0
Price/Sq Ft: $109
Remarks
(from previous listing) Built in 2019 with tons of upgrades in the newly established Falls Cove at Lake Norman Community! 5 bedroom 4.5 baths with an open floor plan. Large guest suite on main with full bathroom. One of the best lots in the best lots in the neighborhood featuring a large, flat fenced in backyard. White Kit ...
Continue reading

General Info - MLS 3708928
Parking: Attached
Year Built: 2019
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Troutman / Iredell County
Lot Size: .25 acres

Neighborhood Info
Subdivision: Falls Cove at Lake Norman
Community Features: Outdoor Pool, Playground, Sidewalks, Street Lights, Walking Trails
Listing History
04/30/2021: MLS Sold for $380,000 (Canopy MLS)
Cumulative Days on Market: N/A
More details


09/17/2019: MLS # 3541405 sold for $295,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 2
Area Schools
7/10
Troutman Elementary School
Distance: 1.5 mi
4/10
Troutman Middle School
Distance: 1.3 mi
8/10
South Iredell High School
Distance: 2.9 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Falls Cove At Lake Norman neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Calvin Creek, Falls Cove, and Meadow Glen.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.