NOT LISTED FOR SALE

4320 Falls Lake Dr SW Concord, NC 28025

Estimated Value: $542,000 - $580,000

5 Beds
4 Baths
3,547 Sq Ft
$158/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $537,500 $152 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,527/month

60 Days on Market

Highlights

  • Open Floorplan
  • Front Porch
  • Walk-In Closet
  • J.N. Fries Middle School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of July 2024

Gorgeous, spacious, well-maintained home with guest bedroom and full bath on the main level. Office with French doors and a formal dining room perfect for dinner parties. The large, welcoming living room is open to the luxury kitchen with granite counter tops, stainless steel appliances, upgraded gas stove, tile backsplash and a huge island with barstool seating. LVP flooring throughmost of the main level. The sunny breakfast room has sliding doors which lead to your spectacular outdoor oasis. Hosts parties in this backyard entertaining space which includes professionally designed hardscaping, landscaping, a built in-grill and a fire pit. Upstairs you have the owner's bedroom with sitting area, bath with oversized, fully-tiled shower. Two additional bedrooms and a large loft/rec room and laundry room complete the 2nd level. On the 3rd level, you'll find an additional bedroom suite with full bath which can be used a teen suite, theatre room or man-cave/she-shed.

Last Agent to Sell the Property

Kris Rainey

Mark Spain Real Estate Brokerage Email: krisrainey@markspain.com License #282941 Listed on: 04/16/2024

Mark Spain Real Estate

Last Buyer's Agent

Connie Massetti

Allen Tate Charlotte South License #295055

Allen Tate Charlotte South

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,545

Year Built

  • Built in 2017

Lot Details

  • Property is zoned RV-CD

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • French Doors

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Outdoor Features

  • Patio
  • Fire Pit
  • Front Porch

Schools

  • Rocky River Elementary School
  • J.N. Fries Middle School
  • Central Cabarrus High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Park View Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5528-67-2008-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,545

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Second Living Quarters: None
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 151.54
  • Geocode Confidence: High
  • Attribution Contact: krisrainey@markspain.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1377
  • Third Level Sq Ft: 422
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1748
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 3547
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Living Area: 3547
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16
  • Sq Ft Other: 808
  • Bedroom Third: 1

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 484
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: J.N. Fries
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.185
  • Lot Size Units: Acres
  • Parcel Number: 5528-67-2008-0000
  • Plat Reference Section Pages: 80
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV-CD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Rocky River
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 31, 2024
Sold by
Mercer Latika F and Mercer Giradie J
Bought by
Bligen Dulani
Seller's Agent
Kris Rainey
Mark Spain Real Estate
Buyer's Agent
Connie Massetti
Allen Tate Charlotte South
List Price
$575,500
Sold Price
$537,500
Premium/Discount to List
-$38,000
-6.6%
Views
98
Current Estimated Value
$559,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,328
Avg. Annual Appreciation
4.07%
Original Mortgage
$537,500
Interest Rate
6.87%
Mortgage Type
VA

Purchase Details

Closed on
May 10, 2017
Sold by
Eastwood Construction Llc
Bought by
Mercer Latika F and Mercer Giradie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,713
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Bligen Dulani $537,500 Master Title
Mercer Latika F $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bligen Dulani $549,000
Closed Bligen Dulani $537,500
Previous Owner Mercer Latika Fene $362,000
Previous Owner Mercer Latika F $285,713
Previous Owner Stevenson Terry R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $537,500 -0.5% $152 / Sq Ft
06/12/2024 06/12/24 Price Changed $540,000 -1.8% $152 / Sq Ft
06/01/2024 06/01/24 Price Changed $550,000 -2.7% $155 / Sq Ft
05/02/2024 05/02/24 Price Changed $565,000 -1.8% $159 / Sq Ft
04/16/2024 04/16/24 For Sale $575,500 -- $162 / 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 $5,545 $556,700 $105,000 $451,700
2023 $4,646 $380,790 $43,000 $337,790
2022 $4,646 $380,790 $43,000 $337,790
2021 $4,646 $380,790 $43,000 $337,790
2020 $4,646 $380,790 $43,000 $337,790
2019 $3,941 $323,060 $40,000 $283,060
2018 $3,877 $323,060 $40,000 $283,060
2017 $472 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4126918

Canopy MLS (Canopy Realtor® Association)

APN: 5528-67-2008-0000