NOT LISTED FOR SALE

289 Laurel Bay St NW Concord, NC 28027

Estimated Value: $466,000 - $523,754

3 Beds
2.5 Baths
2,775 Sq Ft
$178/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $292,000 $105 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,020/month

13 Days on Market

Highlights

  • Attached Garage
  • Tile Flooring
  • Gas Log Fireplace
  • Weddington Hills Elementary School Rated A-

About This Home

As of June 2020

This Concord two-story corner home offers a den, stainless steel appliances, a kitchen island breakfast bar, a walk-in closet in the master suite, and a two-car garage. This home is vacant and cleaned regularly.
Fireplace and chimney to convey as-is, no known defects. Windows with possible blown seals to convey as-is.

Last Agent to Sell the Property

James Sexton

Opendoor Brokerage LLC License #302310 Listed on: 04/27/2020

Opendoor Brokerage LLC

Last Buyer's Agent

Greg Martin

MartinGroup Properties Inc License #175016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 6,534

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace

Flooring

  • Laminate
  • Tile

Community Details

  • Braesael Management Company Association

Listing and Financial Details

  • Assessor Parcel Number 5600-56-0437-0000

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1946666.67
  • Ratio Current Price By Sq Ft: 105.23
  • Year Built: 2010
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1330
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Microwave
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1445
  • Total Sq Ft: 2775

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Heating: Central Air
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 130.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Braesael Management Company
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Weddington Hills
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Size Area: 0.150
  • Parcel Number: 5600-56-0437-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 268760.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jun 11, 2020
Sold by
Opendoor Property Trust L
Bought by
Wehunt Billy
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Greg Martin
MartinGroup Properties Inc
List Price
$292,000
Sold Price
$292,000
Current Estimated Value
$493,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,439
Avg. Annual Appreciation
10.30%
Original Mortgage
$252,000
Outstanding Balance
$223,379
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$270,060

Purchase Details

Listed on
Apr 27, 2020
Closed on
Apr 15, 2020
Sold by
Macmillan Shane J and Macmillan Sherry L
Bought by
Opendoor Property Trust I
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Greg Martin
MartinGroup Properties Inc
List Price
$292,000
Sold Price
$292,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$223,379
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$270,060

Purchase Details

Closed on
Jun 9, 2015
Sold by
Edick Raymond and Edick Stephanie
Bought by
Macmillan Shane J and Macmillan Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,300
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Mattamy Carolina Corp
Bought by
Edick Raymond and Edick Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,075
Interest Rate
4%
Mortgage Type
VA

Purchase Details

Closed on
Nov 22, 2010
Sold by
Drake Concord Llc
Bought by
Mattamy Carolina Corporation and Mattamy Homes

Purchase Details

Closed on
Jul 16, 2008
Sold by
Beazer Homes Corp
Bought by
Drake Concord Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,901,250
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wehunt Billy $292,000 None Available
Opendoor Property Trust I $299,500 None Available
Macmillan Shane J $257,000 Master Title
Edick Raymond $275,000 None Available
Mattamy Carolina Corporation $155,500 None Available
Drake Concord Llc $2,475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wehunt Billy $252,000
Previous Owner Macmillan Shane J $231,300
Previous Owner Edick Raymond $284,075
Previous Owner Drake Concord Llc $1,901,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2020 06/12/20 Sold $292,000 0.0% $105 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/27/2020 04/27/20 For Sale $292,000 -- $105 / 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 $4,334 $480,190 $95,000 $385,190
2024 $4,334 $480,190 $95,000 $385,190
2023 $2,958 $287,420 $55,000 $232,420
2022 $2,958 $287,420 $55,000 $232,420
2021 $2,958 $287,420 $55,000 $232,420
2020 $3,713 $304,310 $55,000 $249,310
2019 $3,279 $268,760 $42,000 $226,760
2018 $3,225 $268,760 $42,000 $226,760
2017 $3,171 $268,760 $42,000 $226,760
2016 $1,881 $273,300 $48,000 $225,300
2015 $2,964 $273,300 $48,000 $225,300
2014 $2,964 $273,300 $48,000 $225,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3613924

Canopy MLS (Canopy Realtor® Association)

APN: 5600-56-0437-0000