NOT LISTED FOR SALE

1281 Tranquility Point Ave NW Concord, NC 28027

Estimated Value: $579,595 - $645,000

4 Beds
3 Baths
2,854 Sq Ft
$210/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $363,000 $127 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,701/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Sport Court
  • W.R. Odell Elementary School Rated A-
  • Community Pool
  • Front Porch

About This Home

As of July 2020

Sellers have received multiple offers and are calling for highest and best by 12pm Monday. They anticipate making a decision Monday evening. They are looking for a closing date toward the end of July. Home is pristine & move-in ready. Structual warranty transferable. Almost everything is upgraded plus premium priced, fenced lot & downstairs guest bedroom/bath. Priced under area new construction! Kitchen has gorgeous pendant lighting, designer granite counters and tile backsplash. Cabinets are painted and glazed with soft close drawers. Stainless steel appliances with gas stove. Refrigerator negotiable. Finished garage. Charging station at back door. Hardwoods in dining room, foyer, family room and kitchen/breakfast. 16 by 17 master suite with top of the line upgrades. Huge loft pre-wired for 5.1 surround sound. Upgraded carpet, 2" blinds, Nest thermostat. Low maint. fiber cement with stone accents. Showings allowed thru 12 PM on 5/25.

Last Agent to Sell the Property

Jean Gossett

Savvy + Co Real Estate Brokerage Email: jean@savvyandcompany.com License #141508 Listed on: 05/21/2020

Last Buyer's Agent

Vijay Vulli

Noble, LLC License #243831

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,397

Year Built

  • Built in 2016

Lot Details

  • 8,799 Sq Ft Lot
  • Property is zoned CURM-2

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Family Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

  • W.R. Odell Elementary School
  • Harris Road Middle School
  • Cox Mill High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4671-75-8216-0000
  • Tax Block 00063

Community Details

Overview

  • Cusick Association
  • Brookvue Subdivision
  • Mandatory home owners association

Recreation

  • Sport Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,397

Year Built

Built in 2016

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 127.19
  • Attribution Contact: jean@savvyandcompany.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Kitchen Island, Open Floorplan
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1281
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1573
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop
  • Above Grade Finished Sq Ft: 2854
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Living Area: 2854
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Stone Veneer
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 484
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached Garage

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Upper Level
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sport Court
  • Association Fee: 211
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Cusick
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: https://cusick.cincwebaxis.com/cinc/home/

Schools

  • Middle Or Junior School: Harris Road
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.202
  • Lot Size Units: Acres
  • Parcel Number: 4671-75-8216-0000
  • Plat Book Slide: 00068
  • Plat Reference Section Pages: 0285
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8799
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CURM-2

Green Features

  • Green Verification Count: 1

Tax Info

  • Tax Block: 00063

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2020
Closed on
Jun 23, 2020
Sold by
Vimalathan Jude Rozario Jerome and Musalay Janhavi Shrikant
Bought by
Patil Pravin and Patil Puja Bhalerao
Seller's Agent
Jean Gossett
Savvy + Co Real Estate
Buyer's Agent
Vijay Vulli
Noble, LLC
List Price
$355,000
Sold Price
$363,000
Premium/Discount to List
$8,000
2.25%
Current Estimated Value
$599,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,899
Avg. Annual Appreciation
10.10%
Original Mortgage
$319,500
Outstanding Balance
$283,212
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$316,687

Purchase Details

Closed on
Mar 16, 2016
Sold by
M I Homes Of Charlotte Llc
Bought by
Shrikant Vimalanathan Jude Rozario Jerome and Shrikant Musalay Janhavi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
2.95%
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
Patil Pravin $363,000 Morehead Title
Shrikant Vimalanathan Jude Rozario Jerome $316,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patil Pravin $319,500
Previous Owner Shrikant Vimalanathan Jude Rozario Jerome $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $363,000 +2.3% $127 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $355,000 -- $124 / 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
2025 $5,397 $541,890 $125,000 $416,890
2024 $5,397 $541,890 $125,000 $416,890
2023 $3,928 $321,990 $67,000 $254,990
2022 $3,928 $321,990 $67,000 $254,990
2021 $3,928 $321,990 $67,000 $254,990
2020 $3,928 $321,990 $67,000 $254,990
2019 $3,754 $307,670 $60,000 $247,670
2018 $3,692 $307,670 $60,000 $247,670
2017 $3,631 $307,670 $60,000 $247,670
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: 3620946

Canopy MLS (Canopy Realtor® Association)

APN: 4671-75-8216-0000