NOT LISTED FOR SALE

4497 Falls Lake Dr SW Unit Lot 134 Concord, NC 28025

Estimated Value: $588,000 - $676,000

6 Beds
4 Baths
3,474 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $390,070 $112 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,948/month

16 Days on Market

Highlights

  • Under Construction
  • Traditional Architecture
  • Fireplace
  • J.N. Fries Middle School Rated A-
  • Mud Room
  • Attached Garage

About This Home

As of August 2020

Ask about move-in specials! This home is under construction with an estimated completion date of August 2020. This Davidson plan has 6 bedrooms, 4 full baths, and more than 3,400 square feet. Enjoy the convenient guest suite on the main or the spacious bedroom with full bath on the third floor. Other wonderful upgrades include a butler's pantry connecting the kitchen & dining room, a gas fireplace with stone wall & hearth and cedar mantle, a beadboard drop zone, and a rear covered porch. The kitchen and butler's pantry feature white cabinets, granite countertops, and a white backsplash in a brick pattern. Stainless appliances include a gas cooktop and wall oven. Enhanced Vinyl Plank flooring covers the main living areas and oak tread stairs lead upstairs. Smart Home features INCLUDED in this home are a doorbell camera, front door lock and thermostat with remote access, four zones of light controls, Wi-Fi Hub, and voice-controlled audio device. Find out more today!

Last Listed By

Michael Conley

Eastwood Homes License #166229 Listed on: 04/02/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,729

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 7,841

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • Fireplace
  • Mud Room
  • Kitchen Island

Flooring

  • Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms

Community Details

  • Greenway Realty Management Association, Phone Number (704) 940-0847
  • Built by Eastwood Homes

Listing and Financial Details

  • Assessor Parcel Number 55284565840000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,729

Year Built

Built in 2020 | Under Construction

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.04158
  • Ratio Close Price By Original Li: 1.04158
  • Ratio Current Price By Acre: 2167055.56
  • Ratio Current Price By Sq Ft: 112.28
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1733
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Equipment: Cable Prewire, CO Detector, Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Self Cleaning Oven, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Vented
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl Plank
  • H O A Management Phone: 704-940-0847
  • Interior Amenities: Drop Zone, Kitchen Island, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 3
  • Main Level Sq Ft: 1365
  • Third Level Sq Ft: 376
  • Total Sq Ft: 3474
  • Sq Ft Unheated Main: 735
  • Sq Ft Unheated Total: 735

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 3 Car, Garage Door Opener, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 49.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Greenway Realty Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Rocky River
  • Middle School: C.C. Griffin
  • High School: Central Cabarrus

Lot Info

  • Lot Dimension: per survey
  • Lot Size Area: 0.180
  • Parcel Number: 55284565840000
  • Plat Book Slide: 00082/00034
  • Zoning Specification: RV-CD

Building Info

  • Builder Name: Eastwood Homes

Tax Info

  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Khatri Rashmikant and Khatri Mita
Bought by
Hong Peter and Marino Shannon
Total Days on Market
16
Current Estimated Value
$617,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2020
Closed on
Aug 26, 2020
Sold by
Eastwood Construction Partners Llc
Bought by
Khatri Rashmikant I and Khatri Mita R
Seller's Agent
Michael Conley
Eastwood Homes
Buyer's Agent
Brandon Lockard
Coldwell Banker Realty
List Price
$374,500
Sold Price
$390,070
Premium/Discount to List
$15,570
4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$312,056
Interest Rate
2.9%
Mortgage Type
New Conventional

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
Hong Peter $575,000 Austin Title
Khatri Rashmikant I $390,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hong Peter $270,945
Closed Hong Peter $345,000
Previous Owner Khatri Rashmikant I $312,056
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $390,070 +4.2% $112 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $374,500 -- $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
2024 $5,729 $575,190 $105,000 $470,190
2023 $4,835 $396,270 $43,000 $353,270
2022 $4,835 $396,270 $43,000 $353,270
2021 $4,835 $396,270 $43,000 $353,270
2020 $525 $43,000 $43,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3609045

Canopy MLS (Canopy Realtor® Association)

APN: 5528-45-6584-0000