NOT LISTED FOR SALE

4975 Somerled Ct Concord, NC 28027

Estimated Value: $283,000 - $308,000

3 Beds
3 Baths
1,217 Sq Ft
$242/Sq Ft Est. Value

About This Home

Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and 24/7 emergency maintenance. Your estimated total monthly payment is $1733.70. That covers your base rent, $1595.00 + our required services designed to make your life easier: Air filter delivery ($9.95), Internet package ($85), Smart Home with video doorbell ($40), and Utility management ($3.75). We’ve built value into your lease with ProCare – it’s free! Our team of qualified professionals will take care of your home maintenance while you focus on the things that matter. And you get access to our exclusive resident offers with discounts to some of our favorite brands.

Are you ready to live in a place where you can make your own? Your dream home senses will be tingling when you walk through the open concept entryway of this move-in ready home. The open concept living area gives you plenty of space to either host or take time for yourself. Meal time will be even more enjoyable in this lovely kitchen with granite countertops, premium cabinets and stainless-steel appliances. The smooth surfaces combined with vinyl plank floors make the space easy to clean and maintain. Welcome to your own little corner of the outdoors. This backyard comes complete with a patio and offers plenty of space to set up a grill, lounge chairs or, the new playhouse you finally have space for. Apply online today!

This home is located within the service area where our Internet Package is required, it will be equipped with high-speed internet and media streaming capabilities at just $85 per month, a great value. This monthly fee will be required in your lease.


At Invitation Homes, we offer pet-friendly, yard-having homes for lease with Smart Home technology in awesome neighborhoods across the country. Live in a great house without the headache and long-term commitment of owning. Discover your dream home with Invitation Homes.

Our Lease Easy bundle – which includes Smart Home, Air Filter Delivery, and Utilities Management – is a key part of your worry-free leasing lifestyle. These services are required by your lease at an additional monthly cost. Monthly fees for pets and pools may also apply.

Home Features and Amenities: Air Conditioning, Garage, Granite Countertops, Long Lease Terms, Luxury Vinyl Plank, Open Floorplan, Patio, Pet Friendly, Smart Home, Stainless Steel Appliances, Walk in Closet, W/D Hookups, and professionally managed by Invitation Homes.

Invitation Homes is an equal housing lessor under the FHA. Applicable local, state and federal laws may apply.  Additional terms and conditions apply. This listing is not an offer to rent. You must submit additional information including an application to rent and an application fee. All leasing information is believed to be accurate, but changes may have occurred since photographs were taken and square footage is estimated. Furthermore, prices and dates may change without notice. Every approved applicant must confirm the status of pet(s) in their home through and pay applicable pet registration fees prior to the execution of the final lease agreement. See InvitationHomes website for more information.

Beware of scams: Employees of Invitation Homes will never ask you for your username and password. Invitation Homes does not advertise on Craigslist, Social Serve, etc. We own our homes; there are no private owners. All funds to lease with Invitation Homes are paid directly through our website, never through wire transfer or payment app like Zelle, Pay Pal, or Cash App.

For more info, please submit an inquiry for this home. Applications are subject to our qualification requirements. Additional terms and conditions apply. CONSENT TO CALLS & TEXT MESSAGING: By entering your contact information, you expressly consent to receive emails, calls, and text messages from Invitation Homes including by autodialer, prerecorded or artificial voice and including marketing communications. Msg & Data rates may apply. You also agree to our Terms of Use and our Privacy Policy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2018
Sold by
2018 4 Ih Borrower Lp
Bought by
2018 4 Ih Borrower Lp
Current Estimated Value
$294,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,304,000
Outstanding Balance
$850,970,402
Interest Rate
4.7%
Mortgage Type
Commercial
Estimated Equity
-$850,674,215

Purchase Details

Closed on
Jun 11, 2015
Sold by
Colfin Ah North Carolina 1 Llc
Bought by
Cah 2015 1 Borrower Llc

Purchase Details

Closed on
Jul 14, 2014
Sold by
Melton Sharon Kae
Bought by
Colfin Ah North Carolina 1 Llc

Purchase Details

Closed on
Dec 22, 2003
Sold by
Pilgreen Jamie A
Bought by
Melton Sharon Kae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2002
Sold by
Coleman Amie
Bought by
Pilgreen Jamie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,758
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1998
Sold by
First Colony Group Ltd
Bought by
Pilgreen Jamie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,078
Interest Rate
7.02%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
2018 4 Ih Borrower Lp -- None Available
Cah 2015 1 Borrower Llc -- Fidelity National
Colfin Ah North Carolina 1 Llc $96,000 Chicago Title Insurance Co
Melton Sharon Kae $118,000 --
Pilgreen Jamie A -- Ticor Title Insurance Compan
Pilgreen Jamie A $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 4 Ih Borrower Lp $960,304,000
Previous Owner Melton Sharon Kae $117,900
Previous Owner Pilgreen Jamie A $103,727
Previous Owner Pilgreen Jamie A $104,758
Previous Owner Pilgreen Jamie A $108,078
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Off Market $1,595 -- --
03/18/2025 03/18/25 For Rent $1,595 0.0% --
03/16/2025 03/16/25 Off Market $1,595 -- --
03/12/2025 03/12/25 Off Market $1,595 -- --
03/11/2025 03/11/25 For Rent $1,595 0.0% --
03/06/2025 03/06/25 Price Changed $1,595 -10.4% $1 / Sq Ft
02/24/2025 02/24/25 Price Changed $1,780 -1.9% $1 / Sq Ft
02/17/2025 02/17/25 Price Changed $1,815 -1.8% $1 / Sq Ft
02/10/2025 02/10/25 Price Changed $1,849 -2.6% $2 / Sq Ft
02/07/2025 02/07/25 Price Changed $1,899 -2.6% $2 / Sq Ft
02/06/2025 02/06/25 Price Changed $1,949 -4.9% $2 / Sq Ft
01/15/2025 01/15/25 Price Changed $2,049 +12.9% $2 / Sq Ft
01/11/2025 01/11/25 For Rent $1,815 0.0% --
01/11/2025 01/11/25 Price Changed $1,815 +2.0% $1 / Sq Ft
12/28/2024 12/28/24 Off Market $1,780 -- --
12/23/2024 12/23/24 For Rent $1,780 -- --

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 $2,024 $278,830 $60,000 $218,830
2023 $1,291 $145,030 $45,000 $100,030
2022 $1,291 $145,030 $45,000 $100,030
2021 $1,291 $145,030 $45,000 $100,030
2020 $1,291 $145,030 $45,000 $100,030
2019 $995 $111,800 $25,000 $86,800
2018 $973 $111,800 $25,000 $86,800
2017 $930 $111,800 $25,000 $86,800
2016 $930 $105,480 $25,000 $80,480
2015 $856 $105,480 $25,000 $80,480
2014 $856 $105,480 $25,000 $80,480
Source: Public Records

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