Seller's Agent in 2020
Michael Morings
Dynasty Asset Management & Sales LLC
(704) 779-4632
26 Total Sales
2279 Drake Mill Ln SW Concord, NC 28025
Estimated Value: $547,000 - $571,000
5
Beds
3
Baths
3,335
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- A-Frame Home
- Engineered Wood Flooring
- Walk-In Closet
- Patriots Elementary School Rated A-
- Fireplace
- Kitchen Island
About This Home
As of September 2020You will love this immaculate well kept 2 story home located in The Mills at Rocky River Development. This home has an over sized master bedroom with large bathroom and walk in closets, a gourmet kitchen with hazelwood cabinets and formal dining room. Your kitchen is complete with granite and stainless steel appliances, double wall ovens and a gas cook top. Perfect home for comfort and entertainment for the growing family. This home has a 3- car garage, situated in a friendly community with schools in walking distance and world class community amenities. Low maintenance with a small yard just perfect with enough greenery with backyard patio. (UPDATE - We are remodeling our backyard by introducing a beautiful garden space which will be perfect gardening and socializing) Picture coming soon.
Last Agent to Sell the Property
Dynasty Asset Management & Sales LLC License #254498 Listed on: 07/11/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2015
Lot Details
- Level Lot
HOA Fees
- $66 Monthly HOA Fees
Parking
- 3
Home Design
- A-Frame Home
Interior Spaces
- Fireplace
- Kitchen Island
Flooring
- Engineered Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 3 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 5527-93-4390-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2020
Closed on
Sep 14, 2020
Sold by
Prabhu Damodar and Kamath Shipla Garnesh
Bought by
Robinson Sylvia
Seller's Agent
Michael Morings
Dynasty Asset Management & Sales LLC
Buyer's Agent
Brenda Goddard
Allen Tate Huntersville
List Price
$370,000
Sold Price
$330,000
Premium/Discount to List
-$40,000
-10.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,168
Avg. Annual Appreciation
10.85%
Original Mortgage
$331,550
Outstanding Balance
$297,549
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,891
Purchase Details
Closed on
Mar 18, 2015
Sold by
Nvr Inc
Bought by
Prabhu Damodar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,099
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2015
Sold by
Rocky River Project Llc
Bought by
Nvr Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robinson Sylvia | $349,000 | None Available | |
| Prabhu Damodar | $313,000 | Stewart Title Guaranty Co | |
| Nvr Inc | $39,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robinson Sylvia | $331,550 | |
| Previous Owner | Prabhu Damodar | $297,099 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2020 09/24/20 | Sold | $330,000 | -5.4% | $99 / Sq Ft |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- |
| 07/29/2020 07/29/20 | Price Changed | $349,000 | -5.7% | $105 / Sq Ft |
| 07/11/2020 07/11/20 | For Sale | $370,000 | 0.0% | $111 / Sq Ft |
| 07/10/2019 07/10/19 | Rented | $2,250 | -10.0% | -- |
| 06/24/2019 06/24/19 | For Rent | $2,500 | -- | -- |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | $5,035 | $505,480 | $100,000 | $405,480 |
| 2023 | $3,981 | $326,280 | $60,000 | $266,280 |
| 2022 | $3,981 | $326,280 | $60,000 | $266,280 |
| 2021 | $3,981 | $326,280 | $60,000 | $266,280 |
| 2020 | $3,981 | $326,280 | $60,000 | $266,280 |
| 2019 | $3,555 | $291,370 | $35,000 | $256,370 |
| 2018 | $3,496 | $291,370 | $35,000 | $256,370 |
| 2017 | $3,438 | $291,370 | $35,000 | $256,370 |
| 2016 | $2,040 | $25,000 | $25,000 | $0 |
| 2015 | -- | $25,000 | $25,000 | $0 |
| 2014 | -- | $25,000 | $25,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Morings
-
Brenda Goddard
Buyer's Agent in 2020
Brenda Goddard
Allen Tate Realtors
(704) 763-5829
45 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3639442
APN: 5527-93-4390-0000
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