NOT LISTED FOR SALE

3980 Backwater St Concord, NC 28027

Estimated Value: $390,000 - $446,000

3 Beds
2.5 Baths
1,749 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2024

Last sale price $415,855 $238 Per Sq Ft

Current estimated payment $2,643 / mo

13 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Walk-In Pantry
  • Charles E. Boger Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of June 2024

Brand new, energy-efficient home available by May 2024! Home includes built-in microwave, dishwasher, 5-burner gas stove and window blinds. Prep dinner at the kitchen island while catching up with family in the open living area. Upstairs, the loft makes an ideal media room. Stone cabinets with marble-look white quartz countertops, tan tone EVP flooring with greyish-brown carpet in Fresh. Childers Park offers a series of energy-efficient, two-story homes with bright, open-concept living space, versatile lofts and stunning amenities including a swimming pool and cabana. Whether they're cheering on the Cannon Ballers baseball team, exploring shops at Afton Ridge or dining at a local restaurant, homeowners at Childers Park will experience the best that Kannapolis and Concord have to offer. Schedule a tour of the model today. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Last Agent to Sell the Property

Jimmy McClurg

Meritage Homes of the Carolinas Brokerage Email: contact.charlotte@meritagehomes.com License #263639 Listed on: 04/12/2024

Co-Listed By

Jebbie Zulka

Meritage Homes of the Carolinas Brokerage Email: contact.charlotte@meritagehomes.com License #89487

Last Buyer's Agent

Sudhakar Meenige

Sudhakar Homes License #298516

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 4,792

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Spray Foam Insulation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • Fresh Air Ventilation System

Schools

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

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Kuester Association, Phone Number (704) 973-9019
  • Built by Meritage Homes
  • Childers Park Subdivision, Dallas Floorplan
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 56018957620000

Home Details

Home Type

Single Family

Year Built

Built in 2024 | Under Construction

Lot Details

4,792 Sq Ft Lot

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2024
  • Restrictions: Architectural Review
  • Proposed Completion Date: 2024-05-13
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 237.77
  • Geocode Confidence: High
  • Attribution Contact: contact.charlotte@meritagehomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 723
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 414
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 414
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1026
  • Appliances: Disposal, Electric Water Heater, ENERGY STAR Qualified Light Fixtures, Gas Range, Low Flow Fixtures
  • Above Grade Finished Sq Ft: 1749
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1749
  • Bedroom Main: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Stone Veneer, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Fresh Air Ventilation, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Upper Level
  • Cooling: ENERGY STAR Qualified Equipment
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 52
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Kuester
  • Phone: 704-973-9019
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 624.00

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 56018957620000
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Spray Foam Insulation

Building Info

  • Builder Name: Meritage Homes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 26, 2024
Sold by
Meritage Hm/The Carolinas Inc
Bought by
Muthukrishnan Balaji and Kandala Revathi
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$418,355
Sold Price
$415,855
Premium/Discount to List
-$2,500
-0.6%
Views
5
Current Estimated Value
$416,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471
Avg. Annual Appreciation
0.06%
Original Mortgage
$374,269
Outstanding Balance
$369,502
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$46,824
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
Muthukrishnan Balaji $416,000 None Listed On Document
Muthukrishnan Balaji $416,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muthukrishnan Balaji $374,269
Closed Muthukrishnan Balaji $374,269
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $415,855 -0.6% $238 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $418,355 -- $239 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,392 $386,760 $80,000 $306,760
2024 $908 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4123819

Canopy MLS (Canopy Realtor® Association)

APN: 5601-89-5762-0000

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