NOT LISTED FOR SALE

2284 Drake Mill Ln SW Concord, NC 28025

Estimated Value: $545,000 - $585,000

5 Beds
3 Baths
3,392 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $519,000 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,446/month

41 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Breakfast Bar
  • Patriots Elementary School Rated A-
  • Walk-In Closet
  • Patio

About This Home

As of September 2022

THIS IS THE ONE! SELLER IS OFFERING $10,000 towards buyers closing costs!!!
WELCOME HOME to The Mills at Rocky River! This community features jaw-dropping amenities, including a resort style swimming pool, fitness center, large clubhouse, walking trails, and the elementary and middle schools are located in the neighborhood! As you pull up to this North East Facing 2 story brick front home, you will notice the many options it has to offer. The main level has a formal dining and flex space. The kitchen is spacious with a huge island and is attached to a morning room that offers tons of sunlight. The family room opens up to the kitchen making cooking and entertaining a delight. The main level also features the highly desired 1-bedroom and full bathroom suite. Upstairs are 4 bedrooms, 2 full bathrooms and a HUGE bonus room equipped with built in speakers, ideal for a game room or movie room. Outside the level backyard and patio offer space for all of your outdoor living ideas!

Last Agent to Sell the Property

Rashaud McCray

Noire Group LLC License #315500 Listed on: 07/01/2022

Co-Listed By

Jasmine McCray

Costello Real Estate and Investments LLC License #328816

Last Buyer's Agent

Derrick Faulk

Key Central Realty License #300919

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 65x135
  • Property is zoned PUD

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Family Room with Fireplace
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Patio

Schools

  • Patriots Elementary School
  • C.C. Griffin Middle School

Utilities

  • Zoned Heating
  • Heat Pump System

Community Details

  • Hawthorne Management Association
  • The Mills At Rocky River Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 5527-93-4068-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,025

Year Built

Built in 2014

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2014
  • Ratio Current Price By Acre: 2256521.74
  • Doors and Windows: g-Insulated Door(s),Insulated Windows
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 153.01
  • Special Features: None

Interior Features

  • Foundation Details: Slab, Slab
  • Fireplace: Yes
  • Flooring: Laminate, Wood
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1591
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 176
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 176
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1801
  • Porch: Patio
  • Appliances: Convection Oven, Electric Cooktop, Gas Cooktop, Dishwasher, Microwave, Refrigerator, Security System
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Living Area: 3392
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 455
  • Parking Features: Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Association Name: Hawthorne Management
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 800.00

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 5527-93-4068-0000
  • Lot Size: 65x135
  • Zoning Description: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.59385

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Patriots
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 7, 2022
Sold by
Pratima Revalla and Pratima Geeta
Bought by
Nachiappan Venkatachalam and Chidambaram Umayal
Seller's Agent
Rashaud McCray
Noire Group LLC
Buyer's Agent
Derrick Faulk
Key Central Realty
List Price
$549,000
Sold Price
$519,000
Premium/Discount to List
-$30,000
-5.46%
Views
2
Current Estimated Value
$560,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,508
Avg. Annual Appreciation
2.99%
Original Mortgage
$269,000
Outstanding Balance
$234,773
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$332,960

Purchase Details

Closed on
Jun 16, 2014
Sold by
Nvr Inc
Bought by
Revalla Diwakar and Gainedy Geeta Pratima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,642
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2014
Sold by
Rocky River Project Llc
Bought by
Nvr 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
Nachiappan Venkatachalam $519,000 --
Revalla Diwakar $294,500 None Available
Nvr Inc $37,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nachiappan Venkatachalam $269,000
Previous Owner Revalla Diwakar $279,642
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $519,000 -1.9% $153 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $529,000 -1.9% $156 / Sq Ft
07/07/2022 07/07/22 Price Changed $539,000 -1.8% $159 / Sq Ft
07/01/2022 07/01/22 For Sale $549,000 -- $162 / 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 $5,025 $504,520 $100,000 $404,520
2024 $5,025 $504,520 $100,000 $404,520
2023 $4,050 $331,990 $60,000 $271,990
2022 $4,050 $331,990 $60,000 $271,990
2021 $4,050 $331,990 $60,000 $271,990
2020 $4,050 $331,990 $60,000 $271,990
2019 $3,481 $285,310 $35,000 $250,310
2018 $3,424 $285,310 $35,000 $250,310
2017 $3,367 $285,310 $35,000 $250,310
2016 $1,997 $217,780 $25,000 $192,780
2015 -- $25,000 $25,000 $0
2014 -- $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3876112

Canopy MLS (Canopy Realtor® Association)

APN: 5527-93-4068-0000