NOT LISTED FOR SALE

2331 Drake Mill Ln SW Concord, NC 28025

Estimated Value: $508,493 - $535,000

4 Beds
2.5 Baths
2,920 Sq Ft
$178/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $340,000 $116 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,184/month

2 Days on Market

Highlights

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

About This Home

As of September 2020

From the time you step onto the front porch you have that "at home" feeling! Step inside & prepare to be delighted. Along the entry hall you'll find a home office w/ french doors, formal dining room w/ cut thru to kitchen, 1/2 bath & dropzone leading to garage. The kitchen is the heart of this home! Large island w/ breakfast bar, tons of cabinet & counter space, recessed lighting & stainless appliances. Kitchen is open to sunroom & large family room that overlooks rear yard. Upstairs boasts a loft/flex space, 3 nice sized secondary bedrooms, hall bath, laundry room & an amazing Owner's Retreat! This is a place you'll want to relax & unwind after a long day! Spacious in size, his/her walk-in closets & ensuite bath w/ dual vanities, tiled shower w/ bench seat & garden tub. Step out back onto your oversized, patio! Pergola w/ bench seat + bar seating, room for dining area & lounge area. Fully fenced yard & berm for separation so no one is on top of you! WELCOME HOME!

Last Agent to Sell the Property

Kristi Vernon

Keller Williams Lake Norman License #223665 Listed on: 07/17/2020

Keller Williams Lake Norman

Last Buyer's Agent

Jason McGory

Keller Williams South Park License #302390

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 10,019

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 5527-93-9473-0000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.04615
  • Ratio Close Price By Original Li: 1.04615
  • Ratio Current Price By Acre: 1459227.47
  • Ratio Current Price By Sq Ft: 116.44
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1600
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave
  • Fixture Exception Description: Water treatment system (except under kitch sink); half bath mirror & towel rack; DR light fixture; shelf in loft; alarm system may be leased
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 7043770114
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1320
  • Total Sq Ft: 2920

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car, Parking Space - 4+

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Patriots
  • Middle School: C.C. Griffin
  • High School: Hickory Ridge

Lot Info

  • Lot Dimension: 0.233
  • Lot Size Area: 0.233
  • Parcel Number: 5527-93-9473-0000
  • Zoning Specification: PUD

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • Tax Value: 278000.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 17, 2020
Sold by
Gehringer Ryan C and Gehringer Keena
Bought by
Webb Kenly and Webb Jennifer
Seller's Agent
Kristi Vernon
Keller Williams Lake Norman
Buyer's Agent
Jason McGory
Keller Williams South Park
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Current Estimated Value
$514,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,660
Avg. Annual Appreciation
9.18%
Original Mortgage
$333,841
Outstanding Balance
$297,071
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$231,432

Purchase Details

Closed on
Mar 29, 2016
Sold by
Nvr Inc
Bought by
Gehringer Ryan C and Hicklen Keena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,065
Interest Rate
3.65%
Mortgage Type
VA
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
Webb Kenly $340,000 None Available
Gehringer Ryan C $272,500 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Kenly $333,841
Previous Owner Gehringer Ryan C $272,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $340,000 +4.6% $116 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $325,000 -- $111 / 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 $4,791 $481,060 $100,000 $381,060
2024 $4,791 $481,060 $100,000 $381,060
2023 $3,876 $317,710 $60,000 $257,710
2022 $3,814 $312,650 $60,000 $252,650
2021 $3,814 $312,650 $60,000 $252,650
2020 $3,814 $312,650 $60,000 $252,650
2019 $3,392 $278,000 $35,000 $243,000
2018 $3,336 $278,000 $35,000 $243,000
2017 $3,280 $278,000 $35,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3640818

Canopy MLS (Canopy Realtor® Association)

APN: 5527-93-9473-0000