NOT LISTED FOR SALE

2881 Island Point Dr NW Concord, NC 28027

Estimated Value: $373,101 - $407,000

4 Beds
2.5 Baths
2,244 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 25, 2017

Last sale price $220,000 $98 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,397/month

Highlights

  • Open Floorplan
  • Attached Garage
  • Walk-In Closet
  • Fireplace
  • Tray Ceiling
  • Kitchen Island

About This Home

As of October 2017

Gorgeous Two-Story Home, very well maintained and MOVE-IN READY!!! Lovely two story foyer, huge great room, formal dining, kitchen with cook's island and granite, tons of storage, spacious bedrooms with ample closet space. Upstairs laundry is super convenient. Outdoor living space w/extended patio and fully fenced yard. Master bedroom has sitting area and his and her closets! A dream home- minutes away from shopping and dining at Concord Mills!

Last Agent to Sell the Property

Sarah Moore

Southern Homes of the Carolinas, Inc License #254679 Listed on: 09/16/2017

Co-Listed By

Christin Masten

Keller Williams Unlimited License #297479

Last Buyer's Agent

Jenna Lucas

EXP Realty LLC Mooresville License #226563

EXP Realty LLC Mooresville

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,970

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Built by Beckwith Homes

Listing and Financial Details

  • Assessor Parcel Number 4599-65-1166-0000

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.95652
  • Ratio Close Price By Original Li: 0.95652
  • Ratio Current Price By Acre: 1375000.00
  • Ratio Current Price By Sq Ft: 98.04
  • Year Built: 2005
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1241
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Electric Oven
  • Fireplace Description: Great Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 1003
  • Total Sq Ft: 2244
  • Sq Ft Unheated Main: 510
  • Sq Ft Unheated Total: 510

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Carl A. Furr
  • Middle School: Harold E Winkler
  • High School: Jay M. Robinson

Lot Info

  • Lot Size Area: 0.160
  • Parcel Number: 4599-65-1166-0000
  • Zoning Specification: RC

Building Info

  • Builder Name: Beckwith Homes

Tax Info

  • Tax Value: 181000.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2022
Sold by
Amh Nc Properties Lp
Bought by
Amh 2015-1 Borrower Lp
Current Estimated Value
$390,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,283,000
Outstanding Balance
$52,012,228
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
-$51,621,409

Purchase Details

Listed on
Sep 16, 2017
Closed on
Oct 20, 2017
Sold by
Blackburn Joslyn E and Blackburn Lederink
Bought by
Amh Inc Propeties Lp
Seller's Agent
Sarah Moore
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jenna Lucas
EXP Realty LLC Mooresville
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Beckwith Homes Corp
Bought by
Blackburn Lederick and Blackburn Joslyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
6.51%
Mortgage Type
Small Business Administration
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
Amh 2015-1 Borrower Lp -- --
Amh Inc Propeties Lp $220,000 None Available
Blackburn Lederick $182,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amh 2015-1 Borrower Lp $55,283,000
Previous Owner Blackburn Lederick $201,500
Previous Owner Blackburn Lederick $172,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2017 10/25/17 Sold $220,000 -4.3% $98 / Sq Ft
09/16/2017 09/16/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $230,000 -- $102 / 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 $3,274 $328,730 $70,000 $258,730
2023 $2,667 $218,590 $50,000 $168,590
2022 $2,641 $216,500 $50,000 $166,500
2021 $2,641 $216,500 $50,000 $166,500
2020 $2,641 $216,500 $50,000 $166,500
2019 $2,208 $181,000 $30,000 $151,000
2018 $2,172 $181,000 $30,000 $151,000
2017 $2,136 $181,000 $30,000 $151,000
2016 $1,267 $147,070 $25,000 $122,070
2015 $1,735 $147,070 $25,000 $122,070
2014 $1,735 $147,070 $25,000 $122,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3320159

Canopy MLS (Canopy Realtor® Association)

APN: 4599-65-1166-0000