NOT LISTED FOR SALE

1265 Tranquility Point Ave NW Concord, NC 28027

Estimated Value: $618,000 - $631,000

5 Beds
3 Baths
3,072 Sq Ft
$203/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $347,000 $113 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,983/month

5 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Transitional Architecture
  • W.R. Odell Elementary School Rated A-
  • Wooded Lot
  • Engineered Wood Flooring

About This Home

As of November 2018

You will not want to miss this beautiful 2 year old home on a wooded lot in the desirable Cox Mill high school district. This gorgeous home has a wonderful open floor plan that lends itself to entertaining. Tons of gleaming hardwood floors on main level. The kitchen has an abundance of cabinets, ss appliances, island with breakfast bar, granite counters, tile backsplash & separate breakfast area w/bay window. Relax after a long day in the oversized great room w/gas FP. Convenient full bedroom and bath on the main level. 2nd floor boasts a wonderful, private master suite w/huge walk in closet, spa like bath w/separate garden tub & shower, dual sinks w/granite counters. 3 large secondary bedrooms & spacious loft w/projector & screen for entertainment. Relax & enjoy the gorgeous wooded lot on your back patio.

Last Agent to Sell the Property

Gabrielle Carneglia

NorthGroup Real Estate LLC License #257290 Listed on: 09/22/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

Alena Dube

EXP Realty LLC Mooresville License #285274

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Wooded Lot

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

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

Listing and Financial Details

  • Assessor Parcel Number 4671-75-6144-0000

Community Details

Overview

  • Cusick Management Association, Phone Number (704) 544-7779

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.99171
  • Ratio Close Price By Original Li: 0.99171
  • Ratio Current Price By Acre: 1826315.79
  • Ratio Current Price By Sq Ft: 112.96
  • Special Assessment Description: $1500 over 3 years
  • Special Assessment Yn: Yes
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1702
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Disposal, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Security System, Washer, Gas Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Open Floorplan, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1370
  • Total Sq Ft: 3072
  • Sq Ft Unheated Main: 466
  • Sq Ft Unheated Total: 466

Exterior Features

  • Construction: Fiber Cement
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool
  • Association Fee: 608.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cusick Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: W.R. Odell
  • Middle School: HARRISRD
  • High School: Cox Mill

Lot Info

  • Lot Dimension: 56x161
  • Lot Features: Wooded
  • Lot Size Area: 0.190
  • Parcel Number: 4671-75-6144-0000
  • Zoning Specification: CURM-2

Tax Info

  • Tax Value: 301450.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2018
Closed on
Oct 15, 2018
Sold by
Mathura Pandy Sandeeth Karmegam and Mathura Thirumalai
Bought by
Patel Rajesh and Patel Dhvani
Seller's Agent
Gabrielle Carneglia
NorthGroup Real Estate LLC
Buyer's Agent
Alena Dube
EXP Realty LLC Mooresville
List Price
$349,900
Sold Price
$347,000
Premium/Discount to List
-$2,900
-0.83%
Current Estimated Value
$624,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,121
Avg. Annual Appreciation
9.04%
Original Mortgage
$329,650
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
M I Homes Of Charlotte Llc
Bought by
Pandy Sangeeth Karmegam and Thirumalai Mathura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,850
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Patel Rajesh $347,000 None Available
Pandy Sangeeth Karmegam $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rajesh $318,839
Closed Patel Rajesh $323,245
Closed Patel Rajesh $329,650
Previous Owner Pandy Sangeeth Karmegam $283,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2018 11/01/18 Sold $347,000 -0.8% $113 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/22/2018 09/22/18 For Sale $349,900 -- $114 / 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 $5,837 $586,060 $125,000 $461,060
2023 $4,330 $354,880 $67,000 $287,880
2022 $4,330 $354,880 $67,000 $287,880
2021 $4,330 $354,880 $67,000 $287,880
2020 $4,330 $354,880 $67,000 $287,880
2019 $3,714 $304,450 $60,000 $244,450
2018 $3,617 $301,450 $60,000 $241,450
2017 $3,557 $301,450 $60,000 $241,450
2016 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3437015

Canopy MLS (Canopy Realtor® Association)

APN: 4671-75-6144-0000