NOT LISTED FOR SALE

2335 Drake Mill Ln SW Concord, NC 28025

Estimated Value: $470,528 - $500,000

3 Beds
2.5 Baths
2,712 Sq Ft
$180/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $330,000 $122 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,007/month

8 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Attached Garage
  • Patriots Elementary School Rated A-
  • Community Pool
  • Community Playground

About This Home

As of November 2020

Excellent Location. Elementary and Middle Schools are located in neighborhood, playground, clubhouse, pool with splash pad and water slide, gym and walking trails.
The home is spacious and loaded with extras. Office with french doors, HUGE kitchen open to dining and living room, tons of natural sunlight and very well kept. All rooms are spacious and master bedroom is amazing with large walk-in closets and a sitting area. Loft could be converted to fourth bedroom.

Last Agent to Sell the Property

Lisa Belk

Mark Spain Real Estate License #282516 Listed on: 09/18/2020

Mark Spain Real Estate

Last Buyer's Agent

Anna Martin

Coldwell Banker Realty License #220417

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

Lot Details

  • 0.25

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Wood Flooring

Listing and Financial Details

  • Assessor Parcel Number 5527-93-9560-0000

Community Details

Overview

  • Hawthorne Association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2015

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: 0.98507
  • Ratio Close Price By Original Li: 0.97059
  • Ratio Current Price By Acre: 1320000.00
  • Ratio Current Price By Sq Ft: 121.68
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Concrete, Slab
  • Upper Level Sq Ft: 1446
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Dishwasher, Double Oven, Exhaust Fan, Microwave
  • Fixture Exception Description: Living room TV Mount
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Wood
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1266
  • Total Sq Ft: 2712
  • Sq Ft Unheated Main: 480
  • Sq Ft Unheated Total: 480

Exterior Features

  • Construction: Stone Veneer, Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Playground, Walking Trails
  • 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 Size Area: 0.250
  • Parcel Number: 5527-93-9560-0000
  • Zoning Specification: PUD

Tax Info

  • Tax Value: 248990.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Sep 26, 2019
Sold by
Wallace Stephanie and Alsmadi Omar
Bought by
Prowse Heather and Prowse Keith
Seller's Agent
Raj Patel
My Townhome
Buyer's Agent
Lisa Belk
Mark Spain Real Estate
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
$487,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,632
Avg. Annual Appreciation
9.69%
Original Mortgage
$274,928
Outstanding Balance
$241,866
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$245,766

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 9, 2017
Sold by
Jennifer Zacahrias Brian G and Jennifer Zacahrias
Bought by
Wallace Stephanie and Alsmadi Omar
Seller's Agent
Steve Casselman
EXP Realty LLC Ballantyne
Buyer's Agent
Hany Solh
Howard Hanna Allen Tate Charlotte South
List Price
$289,900
Sold Price
$278,000
Premium/Discount to List
-$11,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.31%
Original Mortgage
$264,100
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Nvr Inc
Bought by
Zacharias Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,085
Interest Rate
3.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prowse Heather $280,000 Master Title Agency Llc
Wallace Stephanie $278,000 None Available
Zacharias Brian G $258,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prowse Heather $274,928
Previous Owner Wallace Stephanie $264,100
Previous Owner Zacharias Brian G $253,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $330,000 -1.5% $122 / Sq Ft
09/27/2020 09/27/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $335,000 -1.5% $124 / Sq Ft
09/18/2020 09/18/20 For Sale $340,000 +21.4% $125 / Sq Ft
09/27/2019 09/27/19 Sold $280,000 -1.8% $103 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
06/26/2019 06/26/19 Price Changed $285,000 0.0% $105 / Sq Ft
06/26/2019 06/26/19 For Sale $285,000 -1.7% $105 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
05/24/2019 05/24/19 Price Changed $289,900 -1.7% $107 / Sq Ft
03/15/2019 03/15/19 For Sale $295,000 +6.1% $109 / Sq Ft
06/12/2017 06/12/17 Sold $278,000 -4.1% $103 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $289,900 -- $107 / 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 $4,385 $440,260 $100,000 $340,260
2024 $4,385 $440,260 $100,000 $340,260
2023 $3,723 $305,130 $60,000 $245,130
2022 $3,723 $305,130 $60,000 $245,130
2021 $3,723 $305,130 $60,000 $245,130
2020 $3,396 $278,360 $60,000 $218,360
2019 $3,038 $248,990 $35,000 $213,990
2018 $2,988 $248,990 $35,000 $213,990
2017 $2,938 $248,990 $35,000 $213,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3661734

Canopy MLS (Canopy Realtor® Association)

APN: 5527-93-9560-0000