NOT LISTED FOR SALE

2665 Torrington Ln NW Concord, NC 28027

Estimated Value: $562,000 - $588,000

4 Beds
2.5 Baths
3,406 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $340,000 $100 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,585/month

90 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Wood Flooring
  • Weddington Hills Elementary School Rated A-
  • Traditional Architecture
  • Corner Lot

About This Home

As of May 2020

You will love this amazing home in popular Laurel Park with three stories, gorgeous corner lot with fabulous outdoor living area and walk to the neighborhood pool! Home sits across from a park like setting, great for kids playing or dog walking! The paver patio has a charming pergola and outdoor kitchen with built in grill and refrigerator area as well as a firepit with lots of seating. Third floor bonus room could be playroom, another bedroom or a second office space, or used for more storage. The main level has several living spaces including sunroom, office, dining room, greatroom and breakfast area and the second level has Master and three other bedrooms. This home has neutral decor, oversized garage, nice laundry room and such a bright, open floor plan with huge kitchen! Lots of updates including new interior paint, new commercial grade water heater and new roof. Also zoned to the new West Cabarrus High School, a premier high school which will be just around the corner!

Last Agent to Sell the Property

Heather Littrell

EXP Realty LLC License #229124 Listed on: 01/30/2020

EXP Realty LLC

Co-Listed By

Tina Anderson

EXP Realty LLC License #301197

Last Buyer's Agent

Nathan Cranford

Bestway Realty License #274865

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 8,712

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Crawl Space

Flooring

  • Wood
  • Tile

Additional Features

  • Fire Pit
  • Corner Lot

Listing and Financial Details

  • Assessor Parcel Number 5600-75-1549-0000

Community Details

Overview

  • Herman Management Association, Phone Number (800) 732-9695
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97143
  • Ratio Close Price By Original Li: 0.89710
  • Ratio Current Price By Acre: 1700000.00
  • Ratio Current Price By Sq Ft: 99.82
  • Year Built: 2004
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1940
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Range, Ice Maker Connection, Microwave
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 800-732-9695
  • Laundry Location: Main
  • Room Count: 3
  • Main Level Sq Ft: 1466
  • Total Sq Ft: 3406

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fire pit

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Lake, Outdoor Pool, Playground, Street Lights, Tennis Court(s)
  • Association Fee: 271.00
  • 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: Unspecified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.200
  • Parcel Number: 5600-75-1549-0000
  • Zoning Specification: CURC

Tax Info

  • Tax Value: 303870.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
May 28, 2020
Sold by
Reece Dustin L and Reece Cammie D
Bought by
Rice William and Rice Jennifer
Seller's Agent
Heather Littrell
EXP Realty LLC
Buyer's Agent
Nathan Cranford
Bestway Realty
List Price
$379,000
Sold Price
$340,000
Premium/Discount to List
-$39,000
-10.29%
Current Estimated Value
$573,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,155
Avg. Annual Appreciation
10.42%
Original Mortgage
$245,375
Outstanding Balance
$218,386
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$354,769

Purchase Details

Closed on
Aug 25, 2004
Sold by
Nvr Inc
Bought by
Reece Dustin L and Reece Cammie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,477
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving
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
Rice William $340,000 Chicago Title
Reece Dustin L $267,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice William $245,375
Previous Owner Reece Dustin L $199,900
Previous Owner Reece Dustin L $950,000
Previous Owner Reece Dustin Lee $53,230
Previous Owner Reece Dustin L $221,000
Previous Owner Reece Dustin L $53,477
Previous Owner Reece Dustin L $213,723
Closed Reece Dustin L $53,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $340,000 -2.9% $100 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
03/18/2020 03/18/20 Price Changed $350,000 -4.1% $103 / Sq Ft
03/11/2020 03/11/20 Price Changed $365,000 -1.3% $107 / Sq Ft
02/22/2020 02/22/20 Price Changed $369,900 -1.4% $109 / Sq Ft
02/15/2020 02/15/20 Price Changed $375,000 -1.1% $110 / Sq Ft
01/30/2020 01/30/20 For Sale $379,000 -- $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
2024 $5,287 $530,850 $85,000 $445,850
2023 $4,053 $332,250 $55,000 $277,250
2022 $4,053 $332,250 $55,000 $277,250
2021 $4,053 $332,250 $55,000 $277,250
2020 $3,676 $301,300 $55,000 $246,300
2019 $3,268 $267,870 $45,000 $222,870
2018 $3,214 $267,870 $45,000 $222,870
2017 $3,161 $267,870 $45,000 $222,870
2016 $1,875 $231,500 $38,000 $193,500
2015 $2,732 $231,500 $38,000 $193,500
2014 $2,732 $231,500 $38,000 $193,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3585054

Canopy MLS (Canopy Realtor® Association)

APN: 5600-75-1549-0000