NOT LISTED FOR SALE

1114 Hearth Ln SW Unit Lot 178 Concord, NC 28025

Estimated Value: $513,682 - $673,000

4 Beds
3 Baths
2,816 Sq Ft
$209/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $391,800 $139 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,749/month

Highlights

  • New Construction
  • Arts and Crafts Architecture
  • Fireplace
  • J.N. Fries Middle School Rated A-
  • Community Pool
  • Attached Garage

About This Home

As of March 2020

For comp purposes only.

Last Listed By

Michael Conley

Eastwood Homes License #166229 Listed on: 10/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,028

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 10,454

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation

Interior Spaces

  • Tray Ceiling
  • Fireplace
  • Breakfast Bar

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 55285517560000

Community Details

Overview

  • Greenway Realty Management Association, Phone Number (704) 940-0847
  • Built by Eastwood Homes

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,028

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Arts and Crafts
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1632500.00
  • Ratio Current Price By Sq Ft: 139.13
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1347
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Hood, Gas Oven, Gas Range, Ice Maker Connection, Microwave, Self Cleaning Oven
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 704-940-0847
  • Interior Amenities: Breakfast Bar, Garden Tub, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1163
  • Third Level Sq Ft: 306
  • Total Sq Ft: 2816
  • Sq Ft Unheated Main: 928
  • Sq Ft Unheated Total: 1022
  • Sq Ft Unheated Upper: 94

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground
  • Association Fee: 49.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Greenway Realty Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rocky River
  • Middle School: C.C. Griffin
  • High School: Central Cabarrus

Lot Info

  • Lot Dimension: per survey
  • Lot Size Area: 0.240
  • Parcel Number: 55285517560000
  • Zoning Specification: RV-CD

Building Info

  • Builder Name: Eastwood Homes

Tax Info

  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Mar 27, 2020
Sold by
Eastwood Construction Partners Llc
Bought by
Patterson Wayne Nelson and Kuda Ashley Nicole
Seller's Agent
Michael Conley
Eastwood Homes
Buyer's Agent
Non Member
Canopy Administration
List Price
$391,800
Sold Price
$391,800
Current Estimated Value
$588,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,121
Avg. Annual Appreciation
8.23%
Original Mortgage
$370,500
Outstanding Balance
$331,754
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$257,167

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
Patterson Wayne Nelson $392,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Wayne Nelson $370,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $391,800 0.0% $139 / Sq Ft
03/27/2020 03/27/20 Sold $391,800 -- $139 / 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 $5,028 $504,770 $105,000 $399,770
2023 $4,641 $380,420 $43,000 $337,420
2022 $4,641 $380,420 $43,000 $337,420
2021 $4,641 $380,420 $43,000 $337,420
2020 $1,434 $117,560 $43,000 $74,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3616153

Canopy MLS (Canopy Realtor® Association)

APN: 5528-55-1756-0000