NOT LISTED FOR SALE

2293 Drake Mill Ln SW Concord, NC 28025

Estimated Value: $534,999 - $589,000

4 Beds
2.5 Baths
3,177 Sq Ft
$179/Sq Ft Est. Value

Last Sold July 13, 2018

Last sale price $320,000 $101 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,474/month

76 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Engineered Wood Flooring
  • Patriots Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of July 2018

Why wait to build when you can have better than new now! This home shows like a model and has all the bells and whistles without the pricing of today's new construction! The cook in the family will love the upgraded gourmet kitchen with large island. Other features include lovely wood flooring throughout main level, abundant windows allow for plenty of natural light, open floor plan, main level office, large bonus room, luxurious master bath, outdoor fire pit, and much more! Desirable Concord community with pool, clubhouse, and fitness center. Only 4 homes with this floor plan in the community. Put this one on your must see list!

Last Agent to Sell the Property

Regina Vance

Coldwell Banker Realty License #264235 Listed on: 03/19/2018

Coldwell Banker Realty

Last Buyer's Agent

Freddy Karmatz

FK and Associates Real Estate Firm License #282367

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • 9,583

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Engineered Wood Flooring
  • Kitchen Island

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 5527-93-6175-0000

Community Details

Overview

  • Hawthorne Association, Phone Number (704) 377-0114
  • Built by Ryan Homes

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96970
  • Ratio Close Price By Original Li: 0.91429
  • Ratio Current Price By Acre: 1454545.45
  • Ratio Current Price By Sq Ft: 100.72
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1712
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Double Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Prefinished Wood
  • H O A Management Phone: 7043770114
  • Interior Amenities: Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1465
  • Total Sq Ft: 3177
  • Sq Ft Unheated Main: 712
  • Sq Ft Unheated Total: 712

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: g-On-Demand Water Heater

Condo/Co-op/Association

  • Community Features: Club House, Fitness Center, Playground, Outdoor Pool, Sidewalk
  • Association Fee: 200.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 121x130
  • Lot Size Area: 0.220
  • Parcel Number: 5527-93-6175-0000
  • Zoning Specification: PUD

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • Tax Value: 289440.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2018
Sold by
Hp North Carolina I Llc
Bought by
Hpa Borrower 2018 1 Ms Llc
Current Estimated Value
$564,725

Purchase Details

Listed on
Mar 19, 2018
Closed on
Jul 12, 2018
Sold by
Hobbs Stephan D and Hobbs April L
Bought by
Hp North Carolina 1 Llc
Seller's Agent
Regina Vance
Coldwell Banker Realty
Buyer's Agent
Freddy Karmatz
FK and Associates Real Estate Firm
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Nvr Inc
Bought by
Hobbs Stephan D and Hobbs April L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,570
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Oct 20, 2014
Sold by
Rocky River Project Llc
Bought by
Nvr Inc

Purchase Details

Closed on
Mar 11, 2012
Sold by
Hpa Borrower 2018 1 Ms Llc
Bought by
Searcy Michelle and Hoover June N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,723
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Hpa Borrower 2018 1 Ms Llc -- None Available
Hp North Carolina 1 Llc $320,000 None Available
Hobbs Stephan D $290,000 Stewart Title Guaranty Co
Nvr Inc $39,000 None Available
Searcy Michelle $372,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hobbs Stephan D $299,570
Previous Owner Searcy Michelle $353,723
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2018 07/13/18 Sold $320,000 -3.0% $101 / Sq Ft
06/04/2018 06/04/18 Price Changed $330,000 -4.9% $104 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $347,000 -0.9% $109 / Sq Ft
03/19/2018 03/19/18 For Sale $350,000 -- $110 / 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 $5,093 $511,310 $100,000 $411,310
2024 $5,093 $511,310 $100,000 $411,310
2023 $4,108 $336,750 $60,000 $276,750
2022 $4,108 $336,750 $60,000 $276,750
2021 $4,108 $336,750 $60,000 $276,750
2020 $4,108 $336,750 $60,000 $276,750
2019 $3,531 $289,440 $35,000 $254,440
2018 $3,473 $289,440 $35,000 $254,440
2017 $3,415 $289,440 $35,000 $254,440
2016 $2,026 $87,830 $25,000 $62,830
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: CAR3371545

Canopy MLS (Canopy Realtor® Association)

APN: 5527-93-6175-0000