NOT LISTED FOR SALE

2731 Walter Dr NW Concord, NC 28027

Estimated Value: $655,000 - $709,000

4 Beds
4.5 Baths
3,865 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $645,000 $167 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,047/month

54 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Walk-In Pantry
  • Charles E. Boger Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of September 2024

This fantastic Georgian Revival is nestled on a serene acre lot, this stately home offers a blend of elegance and comfort without the constraints of a homeowners association. As you drive up the circular driveway, the majestic entry sets the tone for this impressive residence. With formal and informal living areas, even the most discerning buyer can envision creating their dream home here. Take pleasure in the privacy of a country setting while being conveniently close to shopping, dining, and interstate travel. The home boasts a versatile layout with two separate full bathrooms in the primary bedroom. Enjoy the updated kitchen flanked by the great room and a guest bedroom. You'll love the finished sun porch overlooking the tree lined back yard and a detached wired workshop. The third-floor conditioned bonus room, with a ceiling height of 6'5", adds potential but is not included in the heated square footage. Seeing is believing—schedule your showing today!

Last Agent to Sell the Property

Rob Cassam Jr

Carolina Realty Advisors Brokerage Email: rob@charlottencproperty.com License #164661 Listed on: 07/02/2024

Last Buyer's Agent

Jackie Lowe

Servant Heart Realty Group LLC License #258297

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 184x260x172x172
  • Property is zoned RM-2

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2.5-Story Property
  • Wired For Data
  • Built-In Features
  • Ceiling Fan
  • Insulated Windows
  • Living Room with Fireplace
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Crawl Space
  • Walk-In Attic

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Patio
  • Outbuilding
  • Front Porch

Schools

  • Charles E. Boger Elementary School
  • Northwest Cabarrus Middle School
  • West Cabarrus High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Westover Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5611-61-4236-0000

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1999
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two and a Half
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.88
  • Geocode Confidence: High
  • Attribution Contact: rob@charlottencproperty.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Walk In, Built-in Features, Cable Prewire, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2316
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Third: 287
  • Sq Ft Unheated Total: 287
  • Sq Ft Upper: 1549
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer/Dryer
  • Above Grade Finished Sq Ft: 3865
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Den, Living Room, Primary Bedroom
  • Living Area: 3865
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Hard Stucco, Vinyl
  • Other Structures: Outbuilding
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump, Zoned
  • Utilities: Cable Available, Electricity Connected, Wired Internet Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5611-61-4236-0000
  • Development Status: Completed
  • Horse Amenities: None
  • Lot Size: 184x260x172x172
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RM-2

MLS Schools

  • Elementary School: Charles E. Boger
  • High School: West Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Sep 18, 2024
Sold by
Kennedy Aaron M and Kennedy Sutherland G
Bought by
Shike Michael and Shike Amber
Seller's Agent
Rob Cassam Jr
Carolina Realty Advisors
Buyer's Agent
Jackie Lowe
Servant Heart Realty Group LLC
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%
Views
35
Current Estimated Value
$692,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,129
Avg. Annual Appreciation
6.00%
Original Mortgage
$100,000
Outstanding Balance
$98,876
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
$593,253

Purchase Details

Listed on
Nov 28, 2018
Closed on
May 6, 2019
Sold by
Marlow Jimmy C and Marlow Lois H
Bought by
Kennedy Aaron M and Kennedy Sutherland G
Seller's Agent
Diane Honeycutt
Howard Hanna Allen Tate Concord
Buyer's Agent
Renda Powell
CARTER GROUP REALTORS®
List Price
$425,000
Sold Price
$383,000
Premium/Discount to List
-$42,000
-9.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$363,850
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shike Michael $645,000 None Listed On Document
Kennedy Aaron M $383,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shike Michael $100,000
Previous Owner Kennedy Aaron M $363,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2024 09/23/24 Sold $645,000 -4.4% $167 / Sq Ft
07/02/2024 07/02/24 For Sale $675,000 +76.2% $175 / Sq Ft
05/06/2019 05/06/19 Sold $383,000 -3.7% $99 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
03/06/2019 03/06/19 Price Changed $397,750 -6.4% $102 / Sq Ft
11/28/2018 11/28/18 For Sale $425,000 -- $109 / 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 $4,918 $493,820 $72,000 $421,820
2024 $4,918 $493,820 $72,000 $421,820
2023 $4,685 $384,000 $50,400 $333,600
2022 $4,685 $384,000 $50,400 $333,600
2021 $4,685 $384,000 $50,400 $333,600
2020 $4,685 $384,000 $50,400 $333,600
2019 $2,835 $232,380 $42,000 $190,380
2018 $2,789 $232,380 $42,000 $190,380
2017 $2,742 $232,380 $42,000 $190,380
2016 $1,627 $221,940 $40,200 $181,740
2015 $2,619 $221,940 $40,200 $181,740
2014 $2,619 $221,940 $40,200 $181,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4154348

Canopy MLS (Canopy Realtor® Association)

APN: 5611-61-4236-0000