NOT LISTED FOR SALE

1016 Old Trace Rd NW Concord, NC 28027

Estimated Value: $812,000 - $852,000

4 Beds
3.5 Baths
3,666 Sq Ft
$228/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2019

Last sale price $500,000 $136 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,165 / mo

16 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Community Pool
  • Cox Mill Elementary School Rated A
  • Wood Flooring
  • Recreation Facilities

About This Home

As of November 2019

PRACTICALLY BRAND NEW! Immaculate Kendyl floor plan in highly sought-after community is now available. Impressive foyer opens to detailed wall to ceiling millwork. French double doors isolate office from open dining room. Natural light spills in from transom and large windows throughout. Gleaming hardwoods grace the main living area. Dream kitchen offers gas cook top, granite counters, glazed cream cabinets with china views, single sink design and walk in pantry. Open floor plan makes socializing a breeze in great room or breakfast niche. Master Down suite boast shiplap accent wall along with a spa like bath featuring dual vanities, soaking tub, seamless shower, and walk in closet. 2nd floor lounge and bonus rooms are excellent gathering spaces. Secondary bedrooms and baths don't disappoint with their generous sizes and walk in closets. Additional storage in walk-in attic. Great outdoor living with airy screened-in back porch Amenities include: pool, volleyball & much more.

Last Agent to Sell the Property

Zanthia Hastings

Real Broker, LLC License #13066 Listed on: 09/20/2019

Real Broker, LLC

Last Buyer's Agent

George Joseph

KJ Realty LLC License #229722

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 0.27

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pocket Doors
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Level Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4680-36-5107-0000

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 973-9019
  • Built by Taylor Morrison

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0.27 Acres

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97087
  • Ratio Close Price By Original Li: 0.97087
  • Ratio Current Price By Acre: 1851851.85
  • Ratio Current Price By Sq Ft: 136.39
  • Year Built: 2018
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1671
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: g-Insulated Door(s), Insulated Windows, Pocket Doors, Screen Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), CO Detector, Cooktop Gas, Dishwasher, g-Energy Star® Dishwasher, Disposal, Electric Dryer Hookup, Ice Maker Connection, Microwave, Self Cleaning Oven
  • Fireplace Description: Gas Logs, Gas Unvented, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-973-9019
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Built-Ins, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1995
  • Total Sq Ft: 3666

Exterior Features

  • Construction: Brick Partial, Fiber Cement, Stone Veneer
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Parking Space - 2

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Recreation Area, Sidewalk, Street Lights, Walking Trails
  • Association Fee: 152.50
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Kuester Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level
  • Parcel Number: 4680-36-5107-0000
  • Zoning Specification: PRD

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Value: 369500.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Nov 12, 2019
Sold by
Merino Wilmo F and Merino Wanda
Bought by
Kalra Pankaj and Kalra Sha
Seller's Agent
Zanthia Hastings
Real Broker, LLC
Buyer's Agent
George Joseph
KJ Realty LLC
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Current Estimated Value
$836,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,487
Avg. Annual Appreciation
8.32%
Original Mortgage
$330,000
Outstanding Balance
$222,270
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$614,217

Purchase Details

Closed on
Jul 31, 2018
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Merino Wilmo F and Merino Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,841
Interest Rate
4.6%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalra Pankaj $500,000 None Available
Merino Wilmo F $459,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalra Pankaj $330,000
Previous Owner Merino Wilmo F $462,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $500,000 -2.9% $136 / Sq Ft
10/06/2019 10/06/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $515,000 +3.0% $140 / Sq Ft
09/22/2019 09/22/19 Off Market $500,000 -- --
09/20/2019 09/20/19 For Sale $515,000 -- $140 / Sq Ft
Source: Canopy MLS

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 $8,148 $818,060 $160,000 $658,060
2024 $8,148 $818,060 $160,000 $658,060
2023 $5,988 $490,820 $86,000 $404,820
2022 $5,988 $490,820 $86,000 $404,820
2021 $5,988 $490,820 $86,000 $404,820
2020 $5,988 $490,820 $86,000 $404,820
2019 $4,508 $369,500 $70,000 $299,500
Source: Public Records

Agents Affiliated with this Home

  • Zanthia Hastings

    Seller's Agent in 2019

    Zanthia Hastings

    Real Broker, LLC

    (704) 737-6976

    8 in this area

    167 Total Sales

    Zanthia Hastings
    Section Image
  • George Joseph

    Buyer's Agent in 2019

    George Joseph

    KJ Realty LLC

    (704) 941-4394

    8 in this area

    113 Total Sales

    George Joseph
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3551020

Canopy MLS

APN: 4680-36-5107-0000

North Carolina Cabarrus County Concord 28027

1016 Old Trace Rd NW, Concord, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS 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. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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