NOT LISTED FOR SALE

1288 Tranquility Point Ave NW Concord, NC 28027

Estimated Value: $598,000 - $630,000

4 Beds
3 Baths
2,966 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 14, 2019

Last sale price $343,000 $116 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,690/month

68 Days on Market

Highlights

  • Engineered Wood Flooring
  • Community Pool
  • Garden Bath
  • W.R. Odell Elementary School Rated A-
  • Community Playground
  • Kitchen Island

About This Home

As of March 2019

Don't waste time looking at any other home, this is the one for you!! Gorgeous and popular Hanley floor plan w/beautiful stone accents is sure to please even the fussiest buyers! Tons of beautiful hardwoods floors on main level! Formal dining room w/crown molding and butlers pantry make entertaining a breeze! Spacious kitchen with granite counters, decorative subway tile backsplash, ss appliances, huge island and separate, large breakfast area! Relax after a long day in the great room with gas fireplace! Convenient bedroom and full bath on main level! 2nd floor boasts a huge loft that can be used as a den, office, playroom and so much more! Private master suite w/large walk in closet, dual sinks w/granite counters, separate soaking tub and shower with decorative tile! This neighborhood is convenient to shopping, restaurants and highways! Call this home today!

Last Agent to Sell the Property

Gabrielle Carneglia

NorthGroup Real Estate LLC License #257290 Listed on: 11/17/2018

NorthGroup Real Estate LLC

Last Buyer's Agent

RAVI MADDALI

NorthGroup Real Estate LLC License #297469

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 54x150

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Engineered Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 4671-85-0126-0000

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

8,712 Sq Ft Lot

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Proposed Special Assessment Desc: $500 for 2019/2020
  • Proposed Special Assessment Yn: Yes
  • Ratio Close Price By List Price: 0.98847
  • Ratio Close Price By Original Li: 0.98028
  • Ratio Current Price By Acre: 1715000.00
  • Ratio Current Price By Sq Ft: 115.64
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1620
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Gas Range, Microwave, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Vinyl
  • H O A Management Phone: 704-544-7779
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1346
  • Total Sq Ft: 2966
  • Sq Ft Unheated Main: 466
  • Sq Ft Unheated Total: 466

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Outdoor Pool
  • Association Fee: 152.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Cusick Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 54x150
  • Parcel Number: 4671-85-0126-0000
  • Zoning Specification: CURM-2

Tax Info

  • Tax Value: 308680.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2018
Closed on
Mar 14, 2019
Sold by
Dareddy Vasantha and Palavarapu Vinay R
Bought by
Lakshmikanth Kemburaj and Natarajan Geetharani
Seller's Agent
Gabrielle Carneglia
NorthGroup Real Estate LLC
Buyer's Agent
RAVI MADDALI
NorthGroup Real Estate LLC
List Price
$349,900
Sold Price
$343,000
Premium/Discount to List
-$6,900
-1.97%
Current Estimated Value
$607,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,519
Avg. Annual Appreciation
8.50%
Original Mortgage
$308,700
Outstanding Balance
$271,400
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$336,119
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lakshmikanth Kemburaj $343,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakshmikanth Kemburaj $308,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2019 03/14/19 Sold $343,000 -1.2% $116 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/10/2018 12/10/18 Price Changed $347,000 -0.8% $117 / Sq Ft
11/17/2018 11/17/18 For Sale $349,900 -- $118 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $5,738 $576,140 $125,000 $451,140
2024 $5,738 $576,140 $125,000 $451,140
2023 $4,267 $349,750 $67,000 $282,750
2022 $4,267 $349,750 $67,000 $282,750
2021 $4,267 $349,750 $67,000 $282,750
2020 $4,267 $349,750 $67,000 $282,750
2019 $3,766 $308,680 $60,000 $248,680
2018 $3,704 $308,680 $60,000 $248,680
2017 $3,642 $308,680 $60,000 $248,680
2016 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Gabrielle Carneglia

    Seller's Agent in 2019

    Gabrielle Carneglia

    NorthGroup Real Estate LLC

    (704) 962-6155

    49 in this area

    77 Total Sales

    Gabrielle Carneglia
    Section Image
  • RAVI MADDALI

    Buyer's Agent in 2019

    RAVI MADDALI

    NorthGroup Real Estate LLC

    (704) 905-1103

    12 in this area

    101 Total Sales

    RAVI MADDALI
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3453332

Canopy MLS (Canopy Realtor® Association)

APN: 4671-85-0126-0000

North Carolina Cabarrus County Concord 28027

1288 Tranquility Point Ave NW, Concord, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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