NOT LISTED FOR SALE

11005 Aspen Ridge Ln Concord, NC 28027

Estimated Value: $603,000 - $622,000

4 Beds
4 Baths
3,511 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 11, 2021

Last sale price $415,000 $118 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,829/month

About This Home

As of January 2021

Investor Special for Buy and Hold! No renovations needed, Already rented! It has over 8% Return on Investment at 20% down. This house is leased to a well qualified tenant who desire to stay for a long term. This is a beautiful house designed to live and enjoy everyday. Home featured many upgrades included upgraded kitchen cabinets, coffered ceilings, fireplace, and upgraded light fixtures through out the house. Sellers has made many upgrades even after purchasing the house. This includes multiple extended patios and pergolas in the back yard. This makes the house a perfect entertainment space or residents may simply relax there. This community is in high demand, very close to shopping, and have amazing school district.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 8, 2021
Sold by
Swaminathan Harihara and Balakrishnan Karpagam
Bought by
Nallathambi Selvaraj Siva Sankar
Seller's Agent
Rajan Nanda
Carolina Construction and Realtors Inc.
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
$604,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,714
Avg. Annual Appreciation
8.50%
Original Mortgage
$394,250
Outstanding Balance
$355,818
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$247,183

Purchase Details

Closed on
Mar 14, 2013
Sold by
D R Horton Inc
Bought by
Swaminathan Hariharan and Balakrishnan Karpagam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,875
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 2012
Sold by
Laureldale Llc A Nc Llc
Bought by
D R Horton Inc A De Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Nallathambi Selvaraj Siva Sankar $415,000 Chicago Title
Swaminathan Hariharan $263,000 None Available
D R Horton Inc A De Corp $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nallathambi Selvaraj Siva Sankar $394,250
Previous Owner Swaminathan Hariharan $100,000
Previous Owner Swamination Hariharan $235,000
Previous Owner Swaminathan Hariharan $257,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $415,000 +4.0% $118 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $399,000 -- $114 / Sq Ft

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 $5,849 $587,290 $110,000 $477,290
2023 $4,500 $368,830 $70,000 $298,830
2022 $4,500 $348,940 $70,000 $278,940
2021 $4,257 $348,940 $70,000 $278,940
2020 $4,257 $348,940 $70,000 $278,940
2019 $3,741 $306,630 $53,000 $253,630
2018 $3,680 $306,630 $53,000 $253,630
2017 $3,618 $306,630 $53,000 $253,630
2016 $2,146 $271,090 $43,000 $228,090
2015 $3,199 $271,090 $43,000 $228,090
2014 $3,199 $271,090 $43,000 $228,090
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rajan Nanda

    Carolina Construction and Realtors Inc.

    (409) 466-9323

    43 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sudhakar Meenige

    Sudhakar Homes

    (704) 706-5174

    230 Total Sales

    Section Image
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Map

North Carolina Cabarrus County Concord 28027

11005 Aspen Ridge Ln, Concord, NC

This home is located at 11005 Aspen Ridge Ln, Concord, NC 28027 and is currently estimated at $612,839, approximately $174 per square foot. 11005 Aspen Ridge Ln is a home located in Cabarrus County with nearby schools including W.R. Odell Elementary School, Harris Road Middle, and Cox Mill High School.

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.

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