$540,000
SOLD OCT 16, 2024

1036 Hearth Ln SW Concord, NC 28025

4 Beds
3.5 Baths
3,092 Sq Ft
0.7 Acres

Recently Sold

$175 Per Sq Ft

8% Below List Price

135 Days on Market

Highlights

  • Community Cabanas
  • Solar Power System
  • Wooded Lot
  • J.N. Fries Middle School Rated A-
  • Private Lot
  • Traditional Architecture

About This Home

As of October 2024

Nestled in the charming community of Concord, NC, 1036 Hearth Lane offers a perfect blend of modern comfort and elegance. This meticulously maintained 3/4-bedroom, 3.5-bathroom home is 3/4 brick, 3-car garage, and useful/ flexible spaces.

The open-concept design seamlessly invites a bright and airy living area, complete with large windows that flood the space with natural light connecting the living room to the gourmet kitchen, featuring sleek granite countertops, stainless steel appliances, and ample cabinet space.

The luxurious suite is a true oasis, boasting a walk-in closet and a spa-like ensuite bathroom with a soaking tub and a separate shower. Three primary-level bed/ flex rooms provide plenty of space multi-uses. The expansive backyard features a covered patio and lush landscaping and irrigation well.

Located near shopping, dining, and top-rated schools, offering the perfect combination of comfort and convenience.

Tankless water heater and solar panels remain.

Last Agent to Sell the Property

MJ Clay

Carod Properties Brokerage Email: mjclay@carodproperties.com License #256931 Listed on: 04/25/2024

Last Buyer's Agent

Venkat Veeramreddy

JVC Realty, LLC License #348534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,405

Year Built

  • Built in 2012

Lot Details

  • Private Lot
  • Open Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RL

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 7 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asbestos Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Insulated Windows
  • French Doors
  • Family Room with Fireplace
  • Wood Flooring
  • Home Security System

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Patio
  • Wrap Around Porch

Schools

  • Rocky River Elementary School
  • J.N. Fries Middle School
  • Central Cabarrus High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5528-54-1242-0000

Community Details

Overview

  • Key Management Group Association
  • Hearthwood Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Cabanas
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,405

Year Built

Built in 2012

Lot Details

0

HOA Fees

$58 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2012
  • Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 174.64
  • Geocode Confidence: Medium
  • Attribution Contact: mjclay@carodproperties.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Storage, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2601
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Main: 626
  • Sq Ft Unheated Total: 1026
  • Sq Ft Unheated Upper: 400
  • Sq Ft Upper: 491
  • Appliances: Dishwasher, Gas Cooktop
  • Above Grade Finished Sq Ft: 3092
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Storm Door(s)
  • Fireplace Features: Family Room
  • Living Area: 3092
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Asbestos Shingle
  • Construction Type: Site Built
  • Pool Features: Outdoor Pool – Community
  • Construction Type: Brick Partial, Vinyl
  • Patio And Porch Features: Front Porch, Patio, Wrap Around

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Side, Parking Space(s)

Utilities

  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Gas Dryer Hookup, In Hall, Laundry Room, Lower Level
  • Security: Security System
  • Cooling: Central Air
  • Utilities: Cable Connected, Electricity Connected, Gas, Phone Connected, Solar
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Dog Park, Picnic Area, Playground
  • Association Fee: 700
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Key Management Group
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 700.00

Schools

  • Middle Or Junior School: J.N. Fries
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cleared, Open Lot, Private, Wooded
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Parcel Number: 5528-54-1242-0000
  • Zoning: R
  • Land Included Yn: 1
  • Development Status: Completed
  • Lot Size: per survey
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RL

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

MLS Schools

  • Elementary School: Rocky River
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Oct 16, 2024
Sold by
Moses Audra Y
Bought by
Mahar Paul David and Mahar Antonia Lynn
Seller's Agent
MJ Clay
Carod Properties
Buyer's Agent
Venkat Veeramreddy
JVC Realty, LLC
List Price
$589,000
Sold Price
$540,000
Premium/Discount to List
-$49,000
-8.32%
Views
108
Current Estimated Value
$554,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,990
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Oct 8, 2012
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Moses Audra Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2002
Sold by
Moses Audra Y and Robinson Ronnie J
Bought by
Moses Audra Y
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Urban Title
Warranty Deed $275,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $35,008 VA
Previous Owner $276,760 FHA
Previous Owner $261,250 New Conventional
Previous Owner $160,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $540,000 -5.1% $175 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $569,000 -3.4% $184 / Sq Ft
04/25/2024 04/25/24 For Sale $589,000 -- $190 / 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 $5,405 $542,630 $115,000 $427,630
2023 $4,164 $343,270 $55,000 $288,270
2022 $4,164 $341,340 $55,000 $286,340
2021 $4,164 $341,340 $55,000 $286,340
2020 $4,164 $341,340 $55,000 $286,340
2019 $3,859 $316,310 $40,000 $276,310
2018 $3,796 $316,310 $40,000 $276,310
2017 $3,732 $316,310 $40,000 $276,310
2016 $2,214 $265,320 $40,000 $225,320
2015 $3,131 $265,320 $40,000 $225,320
2014 $3,131 $265,320 $40,000 $225,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4132097

Canopy MLS (Canopy Realtor® Association)

APN: 5528-54-1242-0000