NOT LISTED FOR SALE

1467 Olive Hill Ave NW Concord, NC 28027

Estimated Value: $527,000 - $563,000

4 Beds
2.5 Baths
2,943 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $520,000 $177 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,364/month

5 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Clubhouse
  • W.R. Odell Elementary School Rated A-
  • Open Floorplan
  • Deck

About This Home

As of July 2023

Exceptional neighborhood w/ tons of amenities incl tennis, pickleball + basketball courts, playground, + optional gym. Pool area offers a baby pool + 2 others, incl 3 water slides. Many nearby dining options at Johnny Bruscos, Pippas, or enjoy frozen custard at Abbott's. Immerse yourself in nature along the Hector Henry Greenway. Join community events like Fall Festival + the July 4th Parade. Easy access to 85, 77, + 485. Close to shopping incl Concord Mills, Birkdale, etc. This exquisite home boasts 3!! custom closets in primary, some featuring the Container Store's ELFA system, elevating organization to a whole new level. The primary + 2ndary bedrms offer comfort w/ ceiling fans; remaining 2 bedrms are pre-wired. Versatile playrm adjacent to the family rm, perfect for your 2nd ofc, home gym, or flex space. Backyard sanctuary w/ soothing hot tub, ensuring relaxation + tranquility are within reach. The upstairs loft features surround sound pre-wiring + speakers that stay w/ the home.

Last Agent to Sell the Property

Shannon Winkler Lynch

Savvy + Co Real Estate License #272277 Listed on: 06/22/2023

Last Buyer's Agent

Madhu Narla

Tech Realty LLC License #344677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 2009

Lot Details

  • Lot Dimensions are 58 x 108 x 52 x 108
  • Back Yard Fenced
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Property is zoned CURM-2

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 4 Open Parking Spaces

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Window Treatments
  • Pocket Doors
  • French Doors
  • Family Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4681-07-0445-0000

Community Details

Overview

  • Henderson Asset Mgmt Association, Phone Number (704) 970-4155
  • Built by Ryan Homes
  • Moss Creek Village Subdivision, Rome Floorplan
  • Mandatory home owners association

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,116

Year Built

Built in 2009

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2009
  • Restrictions: Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 176.69
  • Geocode Confidence: High
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Built-in Features, Cable Prewire, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1299
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1644
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Oven, Gas Water Heater, Microwave
  • Above Grade Finished Sq Ft: 2943
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Door(s), Pocket Doors, Sliding Doors
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 2943
  • Window Features: Insulated Window(s), Window Treatments
  • Bedroom Main: 0
  • Room Count: 14

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation
  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced, Wood
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry, On Street

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Electricity Connected, Gas, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 200.95
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Henderson Asset Mgmt
  • Phone: 704-970-4155
  • ResoAssociationFeeFrequency: Quarterly
  • Association Email: hoa@hendersonassociationmanagement.com

Association/Amenities

  • Association Annual Expense: 803.80

Schools

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

Lot Info

  • Lot Features: Cleared, Level, Wooded
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 4681-07-0445-0000
  • Development Status: Completed
  • Lot Size: 58 x 108 x 52 x 108
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CURM-2

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Ryan Homes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 27, 2023
Sold by
Gibson Michael R and Gibson Valerie Beatrice
Bought by
Gunasekaran Rekha and Bollini Ranganathan Gautham
Seller's Agent
Shannon Winkler Lynch
Savvy + Co Real Estate
Buyer's Agent
Madhu Narla
Tech Realty LLC
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
167
Current Estimated Value
$543,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,216
Avg. Annual Appreciation
1.99%
Original Mortgage
$468,000
Outstanding Balance
$456,454
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$86,762

Purchase Details

Closed on
May 14, 2009
Sold by
Nvr Inc
Bought by
Gibson Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2009
Sold by
J&B Development & Management Inc
Bought by
Nvr Inc

Purchase Details

Closed on
Mar 30, 2007
Sold by
Evergreen Homebuilders Llc
Bought by
J & B Development & Management Inc
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
Gunasekaran Rekha $520,000 None Listed On Document
Gibson Michael R $230,500 None Available
Nvr Inc $44,500 None Available
J & B Development & Management Inc $982,000 None Available
J & B Development & Management Inc $982,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunasekaran Rekha $468,000
Previous Owner Gibson Michael R $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $520,000 -1.0% $177 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $525,000 -- $178 / 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 $5,116 $513,620 $82,000 $431,620
2024 $5,116 $513,620 $82,000 $431,620
2023 $3,846 $315,210 $49,000 $266,210
2022 $3,846 $315,210 $49,000 $266,210
2021 $3,846 $315,210 $49,000 $266,210
2020 $3,846 $315,210 $49,000 $266,210
2019 $2,865 $234,860 $35,000 $199,860
2018 $2,818 $234,860 $35,000 $199,860
2017 $2,771 $234,860 $35,000 $199,860
2016 $1,644 $226,680 $35,000 $191,680
2015 $2,675 $226,680 $35,000 $191,680
2014 $2,675 $226,680 $35,000 $191,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4030786

Canopy MLS (Canopy Realtor® Association)

APN: 4681-07-0445-0000