NOT LISTED FOR SALE

1040 Meadowbrook Ln SW Concord, NC 28027

Estimated Value: $331,000 - $357,716

4 Beds
2.5 Baths
1,856 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $345,000 $186 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,139/month

24 Days on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Fireplace
  • Pitts School Road Elementary School Rated A-
  • Wood Flooring
  • Walk-In Closet

About This Home

As of November 2023

Great starter home once used as a rental property in Concord. 4 bedrooms, 2.5 baths, walk in closets, lots of storage. Well crafted hardwood flooring follows you through the front room, living room, upstairs loft + bedrooms. Primary bathroom has extra door access to secondary bedroom, jack and jill style. One of the larger homes built in Meadowbrook, a cozy little neighborhood just minutes from Afton Ridge, Concord Mills, Harrisburg and University. Refrigerator and Washer/Dryer will convey. New interior paint, exterior shutter paint, lighting and Hunter fans in all rooms, just pressurewashed all concrete, painted back steps.

Last Agent to Sell the Property

Kayla Rikard

COMPASS Brokerage Email: kayla.rikard@compass.com License #116129 Listed on: 10/12/2023

COMPASS

Co-Listed By

Nicole Wood

COMPASS Brokerage Email: kayla.rikard@compass.com License #283795

Last Buyer's Agent

Matt Stone

Stone Realty Group License #234656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 2000

Lot Details

  • 6,534

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Schools

  • Pitts Elementary School
  • J.N. Fries Middle School
  • Jay M. Robinson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Property is zoned RV

Community Details

  • Meadowbrook Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5518-15-6681-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,405

Year Built

Built in 2000

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2000
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 185.88
  • Geocode Confidence: Medium
  • Attribution Contact: kayla.rikard@compass.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl, Wood
  • Interior Amenities: Attic Stairs Fixed, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 754
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1102
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
  • Above Grade Finished Sq Ft: 1856
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace Features: Gas Log
  • Living Area: 1856
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 12

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 446
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Garage Faces Front

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Closet, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Annual Expense: 125.00

Schools

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

Lot Info

  • Lot Size Area: 0.15
  • Lot Size Units: Acres
  • Parcel Number: 5518-15-6681-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pitts School
  • High School: Jay M. Robinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Nov 20, 2023
Sold by
Kleiman Living Trust
Bought by
Grimm Daniel and Grimm Tonya
Seller's Agent
Kayla Rikard
COMPASS
Buyer's Agent
Matt Stone
Stone Realty Group
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%
Views
61
Current Estimated Value
$349,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,429
Avg. Annual Appreciation
1.19%

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 24, 2019
Sold by
Starling Summer and Napoli Brian
Bought by
Kleiman Living Trust
Seller's Agent
Crystal Blackwelder
Highgarden Real Estate
Buyer's Agent
Gabrielle Ebanietti
Southern Homes of the Carolinas, Inc
List Price
$221,500
Sold Price
$217,000
Premium/Discount to List
-$4,500
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Bewayo Georgia E
Bought by
Motega Summer D and Napoli Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2001
Sold by
The Ryland Group Inc
Bought by
Bewayo Georgia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,538
Interest Rate
6.91%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Lcp Holding I Llc
Bought by
The Ryland Group Inc
Source: Public Records

Range of Values:

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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
Grimm Daniel $345,000 Investors Title
Kleiman Living Trust $217,000 Cardinal Title Center Llc
Motega Summer D $160,000 None Available
Bewayo Georgia E $137,000 --
The Ryland Group Inc $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Motega Summer D $149,814
Previous Owner Motega Summer $158,158
Previous Owner Motega Summer D $157,528
Previous Owner Bewayo Georgia E $30,000
Previous Owner Bewayo Georgia $136,319
Previous Owner Bewayo Georgia E $134,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $345,000 -2.8% $186 / Sq Ft
10/20/2023 10/20/23 Price Changed $355,000 -2.7% $191 / Sq Ft
10/12/2023 10/12/23 For Sale $365,000 +68.2% $197 / Sq Ft
06/25/2019 06/25/19 Sold $217,000 -1.3% $119 / Sq Ft
06/01/2019 06/01/19 Pending -- -- --
05/28/2019 05/28/19 Price Changed $219,900 -2.2% $120 / Sq Ft
05/23/2019 05/23/19 Price Changed $224,900 +1.5% $123 / Sq Ft
05/23/2019 05/23/19 For Sale $221,500 -- $121 / 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 $3,405 $341,850 $60,000 $281,850
2023 $2,653 $217,420 $45,000 $172,420
2022 $2,653 $217,420 $45,000 $172,420
2021 $2,653 $217,420 $45,000 $172,420
2020 $2,653 $217,420 $45,000 $172,420
2019 $1,816 $148,840 $24,000 $124,840
2018 $1,786 $148,840 $24,000 $124,840
2017 $1,756 $148,840 $24,000 $124,840
2016 $1,042 $132,560 $21,000 $111,560
2015 $1,548 $132,560 $21,000 $111,560
2014 $1,548 $132,560 $21,000 $111,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4075784

Canopy MLS (Canopy Realtor® Association)

APN: 5518-15-6681-0000