NOT LISTED FOR SALE

371 Wakemeadow Place NW Concord, NC 28027

Estimated Value: $280,000 - $290,507

3 Beds
2 Baths
1,338 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $136,000 $102 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,733/month

2 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Transitional Architecture
  • Weddington Hills Elementary School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of October 2017

Charming 3 bed/2 bath ranch on quiet cul-de-sac street. Rocking chair front porch welcomes you home. Bright and inviting great room flows into the large eat-in kitchen. Spacious master bedroom has vaulted ceilings. Second bedrooms generous in size. Huge fenced and level backyard. Perfect starter home! Conveniently located with shopping and restaurants nearby. Close proximity to I-85.

Last Agent to Sell the Property

Jay White

Keller Williams Ballantyne Area Brokerage Email: jay@thewhitegroup.com License #246190 Listed on: 08/28/2017

Keller Williams Ballantyne Area

Co-Listed By

Christina Brown

Keller Williams Ballantyne Area Brokerage Email: jay@thewhitegroup.com License #283786

Last Buyer's Agent

Jordan Dry

My Townhome License #284602

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1998

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 57x132x63x132
  • Fenced
  • Level Lot
  • Property is zoned RC

Parking

  • Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Crawl Space

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Schools

  • Weddington Hills Elementary School
  • Harold E Winkler Middle School
  • Concord High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wakefield Meadow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5610-56-7759-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,651

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 1998
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 101.64
  • Attribution Contact: jay@thewhitegroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Cable Prewire, Open Floorplan, Vaulted Ceiling(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1338
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Above Grade Finished Sq Ft: 1338
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1338
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 6
  • Sq Ft Other: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway

Utilities

  • Heating: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Harold E Winkler
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.18
  • Lot Size Units: Acres
  • Parcel Number: 5610-56-7759-0000
  • Lot Size Acres: 0.18
  • Lot Size: 57x132x63x132
  • Lot Size Sq Ft: 7840
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

MLS Schools

  • Elementary School: Weddington Hills
  • High School: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 16, 2017
Sold by
Drunn Brian G and Drunn Hather L
Bought by
Hollbrook Jonathan D and Qualman Jessamine L
Seller's Agent
Jay White
Keller Williams Ballantyne Area
Buyer's Agent
Jordan Dry
My Townhome
List Price
$144,900
Sold Price
$136,000
Premium/Discount to List
-$8,900
-6.14%
Current Estimated Value
$285,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,127
Avg. Annual Appreciation
9.70%
Original Mortgage
$136,000
Outstanding Balance
$115,948
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$169,179

Purchase Details

Closed on
Nov 30, 1998
Sold by
Bost Development Of Cabarrus Inc
Bought by
Cosby Ernest I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,734
Interest Rate
6.95%
Mortgage Type
FHA
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
Hollbrook Jonathan D $136,000 None Available
Cosby Ernest I $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollbrook Jonathan D $136,000
Previous Owner Cosby Ernest I $94,734
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $136,000 -6.1% $102 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $144,900 -- $108 / 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 $2,651 $266,180 $70,000 $196,180
2024 $2,651 $266,180 $70,000 $196,180
2023 $2,050 $168,070 $45,000 $123,070
2022 $2,050 $168,070 $45,000 $123,070
2021 $2,050 $168,070 $45,000 $123,070
2020 $2,050 $168,070 $45,000 $123,070
2019 $1,481 $121,410 $24,000 $97,410
2018 $1,457 $121,410 $24,000 $97,410
2017 $1,410 $119,490 $24,000 $95,490
2016 $836 $109,370 $24,000 $85,370
2015 -- $109,370 $24,000 $85,370
2014 -- $109,370 $24,000 $85,370
Source: Public Records

Agents Affiliated with this Home

  • Jay White

    Seller's Agent in 2017

    Jay White

    Keller Williams Ballantyne Area

    (704) 654-0733

    413 Total Sales

    Jay White
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Christina Brown

    Keller Williams Ballantyne Area

    (980) 255-9633

    181 Total Sales

    Christina Brown
    Section Image

  • J

    Buyer's Agent in 2017

    Jordan Dry

    My Townhome

    (704) 962-1142

    24 Total Sales

    Jordan Dry
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3311460

Canopy MLS (Canopy Realtor® Association)

APN: 5610-56-7759-0000

North Carolina Cabarrus County Concord 28027

371 Wakemeadow Place NW, Concord, NC

This home is located at 371 Wakemeadow Place NW, Concord, NC 28027 since 28 August 2017 and is currently estimated at $285,127, approximately $213 per square foot. This property was built in 1998. 371 Wakemeadow Place NW is a home located in Cabarrus County with nearby schools including Weddington Hills Elementary School, Harold E. Winkler Middle School, and New Life Christian Academy.

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