NOT LISTED FOR SALE

131 Chestnut Dr SW Concord, NC 28025

Estimated Value: $293,000 - $303,000

3 Beds
2 Baths
1,246 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $290,000 $233 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,791/month

31 Days on Market

Highlights

  • New Construction
  • Patio
  • Tile Flooring
  • Ranch Style House
  • Laundry Room
  • Central Heating

About This Home

As of August 2022

Charming 1246 square foot New Construction home just minutes from downtown Concord and Historic
District. Great open floor plan newly constructed in 2022 with 3 bedrooms 2 bathrooms modern kitchen
and bathrooms with new granite tops and wood cabinets. New stainless steel appliances and beautiful
tiled bathrooms. Vinyl plank flooring throughout. Nice back patio to enjoy the outdoors! This is a must
see!

Last Agent to Sell the Property

George Fountas

The NC Pinnacle Real Estate Group License #276599 Listed on: 07/29/2022

Last Buyer's Agent

Haley Johnson

Carolina Real Estate Experts The Dan Jones Group License #338215

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 60 x 147
  • Zoning described as RC

Home Design

  • Ranch Style House
  • Slab Foundation
  • Aluminum Siding
  • Shingle Siding

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Vented Exhaust Fan

Community Details

  • Built by RES-NC Construction LLC

Listing and Financial Details

  • Assessor Parcel Number 5620-85-8494-0000

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2022
  • Ratio Current Price By Acre: 1450000.00
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 232.74
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1246
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 212
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 212
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Second Living Quarters Hla: 0
  • Second Living Quarters Sq Ft: 0
  • Porch: Patio
  • Appliances: CO Detector, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1246
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Aluminum Siding, Shingle Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, Parking Space - 4+

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5620-85-8494-0000
  • Lot Size: 60 x 147
  • Zoning Description: RC
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: RES-NC Construction LLC

Tax Info

  • RATIO List Price By Tax Amount: 31.00000

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 29, 2022
Sold by
Res-Nc Restoration Llc
Bought by
Nuernberg James
Seller's Agent
George Fountas
The NC Pinnacle Real Estate Group
Buyer's Agent
Haley Johnson
Carolina Real Estate Experts The Dan Jones Group
List Price
$279,000
Sold Price
$290,000
Premium/Discount to List
$11,000
3.94%
Current Estimated Value
$296,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,588
Avg. Annual Appreciation
0.69%
Original Mortgage
$185,000
Outstanding Balance
$177,108
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$119,480
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nuernberg James $290,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nuernberg James $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2022 08/29/22 Sold $290,000 +3.9% $233 / Sq Ft
07/29/2022 07/29/22 For Sale $279,000 -- $224 / 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 $2,771 $278,200 $44,000 $234,200
2024 $2,771 $278,200 $44,000 $234,200
2023 $1,758 $144,100 $9,000 $135,100
2022 $110 $9,000 $9,000 $0
2021 $110 $9,000 $9,000 $0
2020 $110 $9,000 $9,000 $0
2019 $149 $6,500 $6,500 $0
2018 $78 $6,500 $6,500 $0
2017 $77 $6,500 $6,500 $0
2016 $46 $6,500 $6,500 $0
2015 $77 $6,500 $6,500 $0
2014 $77 $6,500 $6,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3888558

Canopy MLS (Canopy Realtor® Association)

APN: 5620-85-8494-0000