NOT LISTED FOR SALE

1027 Old Trace Rd NW Concord, NC 28027

Estimated Value: $846,000 - $961,909

4 Beds
3.5 Baths
4,367 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: November 8, 2018

Last sale price $539,022 $123 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,665 / mo

Highlights

  • Built in 2018 | Newly Remodeled
  • Cox Mill Elementary School Rated A
  • Attached Garage

About This Home

As of November 2018

This home is located at 1027 Old Trace Rd NW, Concord, NC 28027 since 17 March 2018 and is currently estimated at $907,727, approximately $207 per square foot. This property was built in 2018. 1027 Old Trace Rd NW is a home located in Cabarrus County with nearby schools including Cox Mill Elementary School, Harold E. Winkler Middle School, and Cox Mill High School.

Last Agent to Sell the Property

Vickie Scott

Taylor Morrison of Carolinas Inc License #204415 Listed on: 03/17/2018

Last Buyer's Agent

Gopal Kasarla

Prime Real Estate Advisors LLC License #83836

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 10,454

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Attached Garage

Bedrooms and Bathrooms

Community Details

  • Built by Taylor Morrison of Carolinas

Listing and Financial Details

  • Assessor Parcel Number Lot 77

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

10,454 Sq Ft Lot

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 2245925.00
  • Ratio Current Price By Sq Ft: 123.43
  • Year Built: 2018
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Basement Partially Finished
  • Upper Level Sq Ft: 1794
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Wall Oven
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Sq Ft Basement: 554
  • Main Level Sq Ft: 2019
  • Total Sq Ft: 4367
  • Sq Ft Unheated Basement: 1202
  • Sq Ft Unheated Main: 482
  • Sq Ft Unheated Total: 1684

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 152.50
  • Association Fee Frequency: Semi-Annually
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: Lot 77
  • Zoning Specification: Res

Building Info

  • Builder Name: Taylor Morrison of Carolinas

Tax Info

  • Tax Value: 539022.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Nov 6, 2018
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Kotla Murali Mohan and Lakshm Devi Kotla Venkata Sai
Seller's Agent
Vickie Scott
Taylor Morrison of Carolinas Inc
Buyer's Agent
Gopal Kasarla
Prime Real Estate Advisors LLC
List Price
$539,022
Sold Price
$539,022
Current Estimated Value
$907,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,705
Avg. Annual Appreciation
7.31%
Original Mortgage
$298,022
Outstanding Balance
$261,515
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$646,212
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kotla Murali Mohan $539,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotla Murali Mohan $298,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2018 11/08/18 Sold $539,022 0.0% $123 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $539,022 -- $123 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $9,009 $904,560 $160,000 $744,560
2024 $9,009 $904,560 $160,000 $744,560
2023 $6,621 $542,670 $86,000 $456,670
2022 $6,621 $531,260 $86,000 $445,260
2021 $6,481 $531,260 $86,000 $445,260
2020 $6,481 $531,260 $86,000 $445,260
2019 $5,426 $444,770 $70,000 $374,770
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vickie Scott

    Taylor Morrison of Carolinas Inc

  • G

    Buyer's Agent in 2018

    Gopal Kasarla

    Prime Real Estate Advisors LLC

    (980) 297-9827

    31 in this area

    313 Total Sales

    Gopal Kasarla
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3437511

Canopy MLS (Canopy Realtor® Association)

APN: 4680-36-2243-0000

North Carolina Cabarrus County Concord 28027

1027 Old Trace Rd NW, Concord, NC

Not Listed for Sale

Detached

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 (Canopy Realtor® Association) 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

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