NOT LISTED FOR SALE

2512 Fallbrook Place NW Unit 301 Concord, NC 28027

Estimated Value: $644,000 - $686,571

4 Beds
2.5 Baths
3,107 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $400,000 $129 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,208/month

23 Days on Market

Highlights

  • Spa
  • Open Floorplan
  • Transitional Architecture
  • Weddington Hills Elementary School Rated A-
  • Pond
  • Attic

About This Home

As of September 2020

Stunning one of a kind designed home in desirable Laurel Park. One owner home, no kids, low miles. Exquisite custom 13x20 Kitchen leads to an awsome walk-in 13x7 Butler Pantry. Custom 5' hearth over gas range w/ seperate convection oven in wall. Granite tops marble backsplash, island sink/bar. Hardwood floors. Private back yard w/ hot tub, 20x12 Deck, 13x10 covered screened porch with kitchen access via double glass doors. Game room can access screened porch as well. Classy all glass Double entry makes for an easy move in. Exterior Custom Brick work is unique with the elevation deveations as well as custom hip roof. New roof installed in January, new garage door opener w/ wifi capabilities installed in March, large master bedroom with vaulted ceilings w/ two walk-in closets. lux master bath has custom ceiling, walk-in shower w/ seat, garden tub with columns and split vanities.. HVAC Serviced 7/7. Laurel Park speaks for itself with its location, 2 pools, pond , tennis courts, etc....

Last Agent to Sell the Property

Brandon Watson

Global Real Estate Service License #220051 Listed on: 07/20/2020

Last Buyer's Agent

Paula Severt

Lantern Realty & Development, LLC License #256100

Lantern Realty & Development, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.31

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Crawl Space
  • Kitchen Island

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • Spa
  • Pond

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5600-68-8002-0000

Community Details

Overview

  • Herman Management Association, Phone Number (800) 732-9695
  • Built by Niblock

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.97585
  • Ratio Close Price By Original Li: 0.95694
  • Ratio Current Price By Acre: 1290322.58
  • Ratio Current Price By Sq Ft: 128.74
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Brick, Crawl Space, Pier & Beam
  • Upper Level Sq Ft: 1601
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Exhaust Hood, Microwave, Natural Gas, Network Ready, Self Cleaning Oven, Wall Oven
  • Fireplace Description: Gas Logs, Great Room, Primary Bedroom
  • H O A Management Phone: 800-732-9695
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Attic Walk-in, Hot Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Pantry
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1506
  • Total Sq Ft: 3107
  • Sq Ft Unheated Main: 672
  • Sq Ft Unheated Total: 832
  • Sq Ft Unheated Upper: 160

Exterior Features

  • Construction: Brick Partial, Shingle
  • Construction Type: Site Built
  • Exterior Features: Hot Tub

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Pond, Recreation Area, Sidewalk, Street Lights, Tennis Court(s)
  • Association Fee: 300.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Herman Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Weddington Hills
  • Middle School: Unspecified
  • High School: West Cabarrus

Lot Info

  • Lot Size Area: 0.310
  • Parcel Number: 5600-68-8002-0000
  • Plat Reference Section Pages: 44/23
  • Zoning Specification: CURC

Building Info

  • Builder Name: Niblock

Tax Info

  • Tax Value: 391010.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 14, 2020
Sold by
Watson Michael B and Watson Cheryl L
Bought by
Smith Brandon and Inderlin Kara
Seller's Agent
Brandon Watson
Global Real Estate Service
Buyer's Agent
Paula Severt
Lantern Realty & Development, LLC
List Price
$418,000
Sold Price
$400,000
Premium/Discount to List
-$18,000
-4.31%
Current Estimated Value
$662,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,143
Avg. Annual Appreciation
10.46%
Original Mortgage
$400,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Sold by
Niblock Development Corp
Bought by
Watson Michael B and Watson Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Smith Brandon $400,000 Investors Title Ins Agcy
Watson Michael B $361,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Brandon $400,000
Closed Smith Brandon $400,000
Previous Owner Watson Michael B $293,000
Previous Owner Watson Cheryl L $252,000
Previous Owner Watson Cheryl L $70,000
Previous Owner Watson Michael B $100,000
Previous Owner Watson Michael Brandon $53,000
Previous Owner Watson Michael B $288,900
Closed Watson Michael B $54,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $400,000 -2.4% $129 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/08/2020 08/08/20 Price Changed $409,900 -1.9% $132 / Sq Ft
08/04/2020 08/04/20 For Sale $418,000 0.0% $135 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $418,000 -- $135 / 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
2024 $6,602 $662,830 $135,000 $527,830
2023 $4,824 $395,400 $85,000 $310,400
2022 $4,824 $395,400 $85,000 $310,400
2021 $4,824 $395,400 $85,000 $310,400
2020 $4,770 $391,010 $85,000 $306,010
2019 $4,346 $356,200 $75,000 $281,200
2018 $4,274 $356,200 $75,000 $281,200
2017 $4,203 $356,200 $75,000 $281,200
2016 $2,493 $334,160 $70,000 $264,160
2015 $3,943 $334,160 $70,000 $264,160
2014 $3,943 $334,160 $70,000 $264,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3642430

Canopy MLS (Canopy Realtor® Association)

APN: 5600-68-8002-0000