$467,500
SOLD FEB 25, 2025

1061 Fairway Ridge Dr NW Concord, NC 28027

4 Beds
2.5 Baths
2,409 Sq Ft
0.42 Acres

Recently Sold

$194 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

  • Whirlpool in Pool
  • Deck
  • 2 Car Attached Garage
  • Weddington Hills Elementary School Rated A-
  • Front Porch
  • Built-In Features

About This Home

As of February 2025

Beautifully renovated home in a highly desirable neighborhood. Features a spacious LV w/cathedral ceiling creating an elegant & open atmosphere. Brand new (LVP) flooring across both floors. A striking new staircase w/modern WI spindles enhances the home’s contemporary appeal. New kitchen w/42-inch cabinets w/CM, quartz CT, additional cabinetry, serving bar, new hardware, stylish backsplash, & SS appliances. The kitchen overlooks a cozy FR w/wood-burning FP. A sunroom that leads to a fully fenced backyard w/metal fencing & 2-gates. 1/2 bath w/new vanity, backsplash, & mirror for a modern touch. 2-pantries. Upstairs,3 BR, one w/ built ins. PBR w/new fanlights, new blinds. The primary bath has new dual vanity, dual mirrors/medicine cabinets, a new showerhead, lighting, jetted tub w/tile surround. Fresh paint throughout. Please ask your agent for full list in media section in the MLS

Last Agent to Sell the Property

Kelly Brais

Coldwell Banker Realty Brokerage Email: kellybrais@gmail.com License #254237 Listed on: 01/17/2025

Coldwell Banker Realty

Last Buyer's Agent

Ryan Harlan

Fathom Realty NC LLC License #270315

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1990

Lot Details

  • Privacy Fence
  • Back Yard Fenced
  • Property is zoned PUD

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Whirlpool in Pool
  • Deck
  • Front Porch

Schools

  • Weddington Hills Elementary School
  • Harold E Winkler Middle School
  • West Cabarrus High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Fairway Ridge Concord Association, Phone Number (704) 791-7415
  • Fairway Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5610-15-8462-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,383

Year Built

Built in 1990

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Restrictions: Manufactured Home Not Allowed,Modular Not Allowed
  • Proposed Special Assessment Desc: 10% dues increased proposed for 24/25
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 194.06
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: kellybrais@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Built-in Features, Pantry, Walk-In Closet(s), Whirlpool
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1339
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1070
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven
  • Above Grade Finished Sq Ft: 2409
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Wood Burning Stove
  • Living Area: 2409
  • Bedroom Main: 0
  • Room Count: 9
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Privacy
  • Construction Type: Brick Partial, Wood
  • Patio And Porch Features: Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 478
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Gas
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 269.5
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Fairway Ridge Concord
  • Phone: 704-791-7415
  • ResoAssociationFeeFrequency: Annually
  • Association Email: Fairwayridgeconcord@gmail.com

Association/Amenities

  • Association Annual Expense: 269.50

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.42
  • Lot Size Units: Acres
  • Parcel Number: 5610-15-8462-0000
  • Zoning: PUD
  • Land Included Yn: 1
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Weddington Hills
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Feb 24, 2025
Sold by
Knode Darrin S and Knode Tiana
Bought by
Benoit Anthony Raymond and Benoit Amanda M
Seller's Agent
Kelly Brais
Coldwell Banker Realty
Buyer's Agent
Ryan Harlan
Fathom Realty NC LLC
List Price
$465,000
Sold Price
$467,500
Premium/Discount to List
$2,500
0.54%
Views
81
Current Estimated Value
$469,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,422
Avg. Annual Appreciation
-0.86%
Original Mortgage
$428,113
Outstanding Balance
$427,399
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$38,361

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 18, 2022
Sold by
Thompson Walker Lori and Thompson Jeffrey P
Bought by
Knode Darrin S and Knode Tiana
Seller's Agent
Brandy Sellers
Exit Realty Elite Properties
Buyer's Agent
Kelly Brais
Coldwell Banker Realty
List Price
$455,000
Sold Price
$465,000
Premium/Discount to List
$10,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%
Original Mortgage
$348,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Walker Lori Thompson and Walker Jeffrey P
Bought by
Walker Jeffrey P and Walker Lori Thompson

Purchase Details

Closed on
Jun 1, 2005
Sold by
Harroff Lori T
Bought by
Harroff Lori T and Walker Jeffrey P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1991
Bought by
Harroff Lori T

Purchase Details

Closed on
Jun 1, 1990
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 $467,500 None Listed On Document
Warranty Deed $465,000 Soto Claudia
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $134,500 --
Warranty Deed $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $428,113 FHA
Previous Owner $348,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $112,000 New Conventional
Previous Owner $130,000 Unknown
Previous Owner $22,400 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $467,500 +0.5% $194 / Sq Ft
01/17/2025 01/17/25 For Sale $465,000 0.0% $193 / Sq Ft
05/19/2022 05/19/22 Sold $465,000 +2.2% $193 / Sq Ft
04/13/2022 04/13/22 For Sale $455,000 0.0% $189 / Sq Ft
04/11/2022 04/11/22 Price Changed $455,000 0.0% $189 / Sq Ft
03/10/2021 03/10/21 Rented $1,700 0.0% --
03/01/2021 03/01/21 For Rent $1,700 +6.3% --
02/28/2020 02/28/20 Rented $1,600 0.0% --
01/14/2020 01/14/20 Price Changed $1,600 -5.9% $1 / Sq Ft
11/20/2019 11/20/19 For Rent $1,700 0.0% --
06/11/2018 06/11/18 Rented $1,700 0.0% --
05/30/2018 05/30/18 For Rent $1,700 0.0% --
09/23/2017 09/23/17 Rented $1,700 0.0% --
09/22/2017 09/22/17 Under Contract -- -- --
08/09/2017 08/09/17 For Rent $1,700 +21.4% --
04/08/2013 04/08/13 Rented $1,400 0.0% --
04/08/2013 04/08/13 For Rent $1,400 -- --
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 $4,383 $440,100 $89,000 $351,100
2023 $3,022 $247,700 $50,000 $197,700
2022 $3,022 $247,700 $50,000 $197,700
2021 $3,022 $247,700 $50,000 $197,700
2020 $3,022 $247,700 $50,000 $197,700
2019 $2,451 $200,890 $35,000 $165,890
2018 $2,411 $200,890 $35,000 $165,890
2017 $2,371 $200,890 $35,000 $165,890
2016 $1,406 $184,500 $30,000 $154,500
2015 -- $184,500 $30,000 $154,500
2014 -- $184,500 $30,000 $154,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4214335

Canopy MLS (Canopy Realtor® Association)

APN: 5610-15-8462-0000