NOT LISTED FOR SALE

4818 Covington Dr NW Unit 190 Concord, NC 28027

Estimated Value: $440,000 - $464,000

5 Beds
2.5 Baths
2,670 Sq Ft
$170/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $267,500 $100 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,796/month

31 Days on Market

Highlights

  • Clubhouse
  • Bamboo Flooring
  • Tennis Courts
  • Traditional Architecture
  • Community Pool
  • Fireplace

About This Home

As of March 2019

Gorgeous 5 bedroom Covington home in prime Concord location !! Completely and tastefully remodeled four years ago including an all new kitchen. Beautiful bamboo flooring throughout the lower level, large master retreat with tile surround tub and shower combo. Downstairs there is ample space for a family to enjoy and entertain with a formal dining room, separate den (could make an ideal home office) and an open kitchen - breakfast - family room area with gas fireplace. The house sits on an over-sized lot with a spacious backyard completely enclosed by an attractive black metal fence - the perfect place to let the kids play and pets run. An expanded back patio is shaded in the late afternoon and evenings making it a great area to grill and hangout. Community features a pool, playground, basketball and tennis courts. Only a few minutes from Concord Mills, and I85. New: roof - 2016, all exterior doors - 2018, one outside HVAC unit - 2017. Home is in great shape !!

Last Agent to Sell the Property

Tim Harrell

Redwood Realty Group LLC License #223183 Listed on: 01/18/2019

Last Buyer's Agent

Crystal Cheever

Steel Skin Realty License #298607

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 0.31

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Bamboo
  • Carpet
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 5509-26-9761-0000

Community Details

Overview

  • William Douglas Association, Phone Number (704) 347-8900

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$30 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 0.97308
  • Ratio Close Price By Original Li: 0.95570
  • Ratio Current Price By Acre: 862903.23
  • Ratio Current Price By Sq Ft: 100.19
  • Year Built: 1997
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1320
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Washer, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Bamboo, Carpet, Tile
  • H O A Management Phone: 704-347-8900
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1350
  • Total Sq Ft: 2670

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club House, Playground, Outdoor Pool, Tennis Court(s)
  • Association Fee: 355.00
  • Association Fee Frequency: Annually
  • HOA Management Company: William Douglas
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Carl A. Furr
  • Middle School: Harold E Winkler
  • High School: Jay M. Robinson

Lot Info

  • Lot Size Area: 0.310
  • Parcel Number: 5509-26-9761-0000
  • Zoning Specification: RV

Tax Info

  • Tax Value: 191650.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Hpa Usi Llc
Bought by
Hpa Ii Borrower 2019 Llc
Current Estimated Value
$459,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,423,143
Outstanding Balance
$256,266,529
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
-$255,813,054

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 8, 2019
Sold by
Harrison Graham A and Harrison Rachel D
Bought by
Hpa Us1 Llc
Seller's Agent
Tim Harrell
Redwood Realty Group LLC
Buyer's Agent
Crystal Cheever
Steel Skin Realty
List Price
$279,900
Sold Price
$267,500
Premium/Discount to List
-$12,400
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Oct 8, 2014
Sold by
U S Bank Na
Bought by
Harrison Graham A and Harrison Rachel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,614
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2014
Sold by
Langenstein Charles
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 2, 2012
Sold by
Adl Holdings Llc
Bought by
Langenstein Charles

Purchase Details

Closed on
Jan 20, 2012
Sold by
Covington Homeowners Association Inc
Bought by
Adl Holdings Llc

Purchase Details

Closed on
Oct 4, 2010
Sold by
Adl Holdings Llc
Bought by
Langenstein Charles

Purchase Details

Closed on
Dec 6, 2004
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Langenstein Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Federal National Mortgage Association
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Apr 15, 2004
Sold by
Heslop James E and Heslop Cheryl S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 1, 1997
Bought by
Heslop James E and Wife Cheryl S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hpa Ii Borrower 2019 Llc -- None Available
Hpa Us1 Llc $267,500 None Available
Harrison Graham A $164,000 None Available
Us Bank Na $168,000 --
Langenstein Charles $4,500 None Available
Adl Holdings Llc $3,472 None Available
Langenstein Charles -- None Available
Langenstein Charles $175,000 --
Mortgage Guaranty Insurance Corp -- --
Federal National Mortgage Association $164,705 --
Heslop James E $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hpa Ii Borrower 2019 Llc $292,423,143
Previous Owner Harrison Graham A $181,614
Previous Owner Langenstein Charles $157,500
Closed Langenstein Charles $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $267,500 -2.7% $100 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/03/2019 02/03/19 Price Changed $274,900 -1.8% $103 / Sq Ft
01/18/2019 01/18/19 For Sale $279,900 -- $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 $4,246 $426,280 $90,000 $336,280
2024 $4,246 $426,280 $90,000 $336,280
2023 $3,336 $273,470 $55,000 $218,470
2022 $3,259 $267,120 $55,000 $212,120
2021 $3,259 $267,120 $55,000 $212,120
2020 $3,259 $267,120 $55,000 $212,120
2019 $2,338 $191,650 $33,000 $158,650
2018 $2,300 $191,650 $33,000 $158,650
2017 $2,261 $191,650 $33,000 $158,650
2016 $1,342 $177,840 $33,000 $144,840
2015 $2,062 $174,770 $33,000 $141,770
2014 $2,062 $174,770 $33,000 $141,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3466246

Canopy MLS (Canopy Realtor® Association)

APN: 5509-26-9761-0000