NOT LISTED FOR SALE

505 Mammoth Oaks Dr Concord, NC 28025

Estimated Value: $368,000 - $449,000

3 Beds
2 Baths
1,718 Sq Ft
$234/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $225,000 $131 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,368/month

89 Days on Market

Highlights

  • Private Lot
  • Wooded Lot
  • Cathedral Ceiling
  • Patriots Elementary School Rated A-
  • Ranch Style House
  • Wood Flooring

About This Home

As of November 2019

You’ll love this private, 3bd 2ba ranch-style home with GORGEOUS wooded views and a soaring cathedral ceiling with skylights. Beyond the scenery, this natural home features hardwood floors, an ensuite bath with updated vanity, and an expansive living room leading to the kitchen/dining area designed for cozy dinners. Additional updates include fresh interior paint throughout and brand new carpet in bedrooms! This home also has plenty of perks for outdoor enthusiasts, including a shaded rear deck that overlooks mature trees, a detached two car garage, and fully fenced backyard.

Last Agent to Sell the Property

Montana Brewer

Orchard Brokerage, LLC License #297205 Listed on: 06/26/2019

Last Buyer's Agent

Mallory Caudle

Carolina Homes Realty License #280147

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Corner Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Cathedral Ceiling
  • Skylights
  • Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Bar

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Shed

Utilities

  • Septic Tank
  • High Speed Internet

Community Details

  • Ridgewood Farms HOA

Listing and Financial Details

  • Assessor Parcel Number 5525-78-4760-0000

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.93750
  • Ratio Current Price By Acre: 197368.42
  • Ratio Current Price By Sq Ft: 130.97
  • Year Built: 1981
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Exhaust Fan, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Living Room
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Breakfast Bar, Cathedral Ceiling(s), Pantry, Skylight(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1718
  • Total Sq Ft: 1718

Exterior Features

  • Construction: Wood
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s), Wired Internet Available

Garage/Parking

  • Driveway: Gravel
  • Parking: Detached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 25.00
  • Association Fee Frequency: Monthly
  • HOA Management Company: Ridgewood Farms HOA
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Patriots
  • Middle School: Hickory Ridge
  • High School: Hickory Ridge

Lot Info

  • Lot Features: Corner Lot, Private, Trees, Wooded
  • Lot Size Area: 1.140
  • Parcel Number: 5525-78-4760-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 132150.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Nov 15, 2019
Sold by
Settle Stephen M and Settle Steve Mitchell
Bought by
Miller Justin and Miller Jennifer
Seller's Agent
Montana Brewer
Orchard Brokerage, LLC
Buyer's Agent
Mallory Caudle
Carolina Homes Realty
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%
Current Estimated Value
$402,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,697
Avg. Annual Appreciation
10.39%
Original Mortgage
$218,250
Outstanding Balance
$192,195
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$210,502

Purchase Details

Closed on
May 1, 1988
Bought by
Settle Stephen M
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
Miller Justin $225,000 None Available
Settle Stephen M $74,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Justin $218,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $225,000 0.0% $131 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/12/2019 09/12/19 Price Changed $225,000 -2.1% $131 / Sq Ft
08/29/2019 08/29/19 For Sale $229,900 0.0% $134 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
07/15/2019 07/15/19 Price Changed $229,900 -4.2% $134 / Sq Ft
06/26/2019 06/26/19 For Sale $240,000 -- $140 / 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 $2,490 $342,960 $78,000 $264,960
2024 $2,490 $342,960 $78,000 $264,960
2023 $1,907 $214,230 $50,000 $164,230
2022 $1,907 $214,230 $50,000 $164,230
2021 $1,735 $214,230 $50,000 $164,230
2020 $1,735 $214,230 $50,000 $164,230
2019 $1,114 $137,560 $25,000 $112,560
2018 $1,031 $132,150 $25,000 $107,150
2017 $1,004 $132,150 $25,000 $107,150
2016 $991 $141,800 $25,000 $116,800
2015 $925 $141,800 $25,000 $116,800
2014 $925 $141,800 $25,000 $116,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3522688

Canopy MLS (Canopy Realtor® Association)

APN: 5525-78-4760-0000