Stone Orchard ~ Detached houses but still condominiums
I just put a house under contract in the Stone Orchard subdivision. This subdivision is located in the Sedgefield area right off of Marsh Road in Charlotte, NC. The community has a little over 60 detached houses but all of them are considered condominiums. The HOA dues for this house are $220/month and this covers master insurance premium, real property taxes on the common areas, exterior building maintenance, exterior yard and landscaping maintenance, trash removal, water, sewer, pool maintenance and pest extermination. HOA dues will be different for different condos. The more square feet in the house the more the HOA dues. This is the largest floorplan in the subdivision so some of the other houses in the neighborhood will have lower dues.
Stone Orchard had an assessment about 3 years ago to pay for re-roofing all of the "houses" in the subdivision. There is going to be a new assessment starting in January of 2010. The assessment will add an additional $115/month to the HOA dues and will be used to replace the driveways, repair/rebuild the fences and to put new gutters on all of the units.
William Douglas Management is managing the subdivision...their number is 704-347-8900
This house has 3 bedrooms, 2 1/2 bathrooms and a deep one car garage. The kitchen has been remodeled with new cabinets and granite counter-tops. The condo also has a private fenced patio and is located in a cul-de-sac. The neighborhood pool is located just across the street. The pool opens on Memorial Day and closes on Labor Day.
The main level of this house is tiled and there are hardwoods upstairs in all but one room.
This condo is located in the Myers Park High School district and this is an important factor when it comes to reselling the property.
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