NOT LISTED FOR SALE

1320 Inverness Place NW Concord, NC 28027

Estimated Value: $575,000 - $623,000

3 Beds
2.5 Baths
2,848 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $530,000 $186 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,706/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Cul-De-Sac
  • Weddington Hills Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of April 2022

Well maintained and updated home on a cul-de-sac lot in Foxlaire! New counter tops, fixtures, paint, and more. Open floor plan with spacious great room and kitchen. Tall tray ceilings allows for natural light through out home. Custom built in cabinets and trim. Tons for storage with oversized walk-in attic, partial walk-in crawl space, and outbuilding. Conveniently located a few minutes from I-85, Afton Ridge, and adjacent to Cabarrus Country Club.

Last Agent to Sell the Property

Joseph Hartsell

Keller Williams South Park License #278282 Listed on: 03/04/2022

Keller Williams South Park

Last Buyer's Agent

Tessa Smith

NextHome Allegiance License #327562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,410

Year Built

  • Built in 1999

Lot Details

  • Cul-De-Sac
  • Irrigation
  • Zoning described as RM-2

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Built-In Features
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Weddington Hills Elementary School
  • Harold E Winkler Middle School
  • West Cabarrus High School

Utilities

  • Central Heating
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Foxlaire Property Assoc. Association, Phone Number (704) 968-3247
  • Foxlaire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5610-02-2897-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,410

Year Built

Built in 1999

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1999
  • Ratio Current Price By Acre: 1019230.77
  • Restrictions: Subdivision
  • Road Surface Type: Circular, Concrete
  • Structure Type: One Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Walk In, Built Ins, Cathedral Ceiling(s), Pantry, Split Bedroom, Tray Ceiling, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2455
  • 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: 393
  • Porch: Patio
  • Appliances: Ceiling Fan(s), CO Detector, Dishwasher, Disposal, Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room
  • Living Area: 2848
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 1

Exterior Features

  • Exterior Features: In-Ground Irrigation, Outbuilding(s)
  • New Construction: No
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 664
  • Parking Features: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central, Gas Hot Air Furnace, Heat Pump
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association Name: Foxlaire Property Assoc.
  • Phone: 704-968-3247
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.52
  • Lot Size Units: Acres
  • Parcel Number: 5610-02-2897-0000
  • Zoning Description: RM-2

Tax Info

  • RATIO List Price By Tax Amount: 1.64135

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Weddington Hills
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 11, 2021
Sold by
Mills Ida Stone and Stone Ida N
Bought by
Stell Ryan and Stell Ashley
Seller's Agent
Mark Ramsey
Keller Williams Unlimited
Buyer's Agent
Joseph Hartsell
Keller Williams South Park
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%
Current Estimated Value
$592,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,777
Avg. Annual Appreciation
9.27%
Original Mortgage
$364,750
Outstanding Balance
$334,046
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$255,660

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 6, 2021
Sold by
Croom Mary E
Bought by
Mills Ida Stone and Stone Ida N
Seller's Agent
Mark Ramsey
Keller Williams Unlimited
Buyer's Agent
Joseph Hartsell
Keller Williams South Park
List Price
$419,000
Sold Price
$405,000
Premium/Discount to List
-$14,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,750
Outstanding Balance
$334,046
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$255,660

Purchase Details

Closed on
Dec 8, 1998
Sold by
Croom Paul D
Bought by
Stone Buddy K and Stone Ida N

Purchase Details

Closed on
Dec 7, 1998
Sold by
Eagleglen Associates
Bought by
Croom Paul D
Source: Public Records

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
Stell Ryan $405,000 None Available
Mills Ida Stone -- None Available
Stone Buddy K $37,500 --
Croom Paul D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stell Ryan $364,750
Previous Owner Stone Ida N $45,000
Previous Owner Stone Ida N $45,000
Previous Owner Stone Ida N $100,000
Previous Owner Stone Ida N $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $530,000 -3.5% $186 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $549,000 +900.0% $193 / Sq Ft
03/04/2022 03/04/22 For Sale $54,900 -90.0% $19 / Sq Ft
03/03/2022 03/03/22 For Sale $549,000 0.0% $193 / Sq Ft
02/26/2022 02/26/22 Price Changed $549,000 0.0% $193 / Sq Ft
02/26/2022 02/26/22 For Sale $549,000 +900.0% $193 / Sq Ft
02/26/2022 02/26/22 For Sale $54,900 -86.4% $19 / Sq Ft
05/14/2021 05/14/21 Sold $405,000 -3.3% $145 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $419,000 -- $150 / 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 $5,410 $543,200 $99,000 $444,200
2023 $4,534 $371,670 $95,000 $276,670
2022 $4,534 $334,480 $95,000 $239,480
2021 $4,081 $334,480 $95,000 $239,480
2020 $4,081 $334,480 $95,000 $239,480
2019 $3,604 $295,370 $65,000 $230,370
2018 $3,544 $295,370 $65,000 $230,370
2017 $3,485 $295,370 $65,000 $230,370
2016 $2,068 $309,840 $65,000 $244,840
2015 $3,656 $309,840 $65,000 $244,840
2014 $3,656 $309,840 $65,000 $244,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3833453

Canopy MLS (Canopy Realtor® Association)

APN: 5610-02-2897-0000