Seller's Agent in 2019
Jerry Smith
NVR Homes, Inc./Ryan Homes
(704) 325-4823
1,683 Total Sales
2397 Drake Mill Ln SW Unit 511 Concord, NC 28025
Estimated Value: $543,547 - $590,000
5
Beds
3
Baths
3,016
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Fitness Center
- Under Construction
- Clubhouse
- Patriots Elementary School Rated A-
- Open Floorplan
- Wood Flooring
About This Home
As of June 2019This home is located at 2397 Drake Mill Ln SW Unit 511, Concord, NC 28025 since 08 December 2018 and is currently estimated at $560,387, approximately $185 per square foot. This property was built in 2019. 2397 Drake Mill Ln SW Unit 511 is a home located in Cabarrus County with nearby schools including Patriots Elementary School, C.C. Griffin Middle School, and Hickory Ridge High School.
Last Agent to Sell the Property
NVR Homes, Inc./Ryan Homes Brokerage Email: jesmith@nvrinc.com License #126145 Listed on: 12/08/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,024
Year Built
- Built in 2019 | Under Construction
Lot Details
- 10,454 Sq Ft Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Slab Foundation
- Vinyl Siding
- Stone Veneer
Interior Spaces
- 2-Story Property
- Open Floorplan
- Insulated Windows
- Family Room with Fireplace
- Home Security System
Kitchen
- Built-In Self-Cleaning Oven
- Electric Oven
- Gas Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Walk-In Closet
- 3 Full Bathrooms
- Garden Bath
Laundry
- Dryer
- Washer
Outdoor Features
- Patio
- Front Porch
Schools
- Patriots Elementary School
- C.C. Griffin Middle School
- Central Cabarrus High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 55370405220000
Community Details
Overview
- Property has a Home Owners Association
- Built by Ryan Homes
- The Mills At Rocky River Subdivision, Lehigh Floorplan
Amenities
- Clubhouse
Recreation
- Recreation Facilities
- Community Playground
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2018
Closed on
Jun 6, 2019
Sold by
Nvr Inc
Bought by
Hutton Jennings John and Hutton Jennings Patrice
Seller's Agent
Jerry Smith
NVR Homes, Inc./Ryan Homes
Buyer's Agent
Brian Taylor
Dreamline Realty, LLC
List Price
$331,340
Sold Price
$333,105
Premium/Discount to List
$1,765
0.53%
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
$225,428
Avg. Annual Appreciation
8.64%
Original Mortgage
$320,336
Outstanding Balance
$281,654
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$278,733
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 |
|---|---|---|---|
| Hutton Jennings John | $333,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hutton Jennings John | $320,336 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2019 06/18/19 | Sold | $333,105 | +0.5% | $110 / Sq Ft |
| 02/07/2019 02/07/19 | Pending | -- | -- | -- |
| 02/07/2019 02/07/19 | For Sale | $331,340 | -- | $110 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $5,024 | $504,440 | $100,000 | $404,440 |
| 2024 | $5,024 | $504,440 | $100,000 | $404,440 |
| 2023 | $4,072 | $333,800 | $60,000 | $273,800 |
| 2022 | $4,072 | $333,800 | $60,000 | $273,800 |
| 2021 | $4,072 | $333,800 | $60,000 | $273,800 |
| 2020 | $4,072 | $333,800 | $60,000 | $273,800 |
| 2019 | $427 | $35,000 | $35,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Smith
-
Brian Taylor
Buyer's Agent in 2019
Brian Taylor
Dreamline Realty, LLC
(704) 968-3105
99 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 3472565
APN: 5537-04-0522-0000
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