NOT LISTED FOR SALE

505 Montgrove Place NW Concord, NC 28027

Estimated Value: $535,000 - $564,000

4 Beds
2.5 Baths
2,661 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 06, 2017

Last sale price $281,000 $106 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,448/month

2 Days on Market

Highlights

  • Clubhouse
  • Pond
  • Community Pool
  • Weddington Hills Elementary School Rated A-
  • Traditional Architecture
  • Tennis Courts

About This Home

As of April 2017

Beautiful brick 2-story home with granite counter, sit up island, pantry, laundry room, formal dining, breakfast area and formal living/office with built in window seat. Great room has built in shelves and cabinets and decorative fireplace surround. Spacious screen in porch and newly added stamped patio. Large master bedroom with 2 closets, deep trey ceiling in the master bath, garden tub, separate shower, huge bonus room with storage. New carpet installed upstairs and laminate hardwood in hall.

Last Agent to Sell the Property

Katrina Rockel

Keller Williams Lake Norman License #244520 Listed on: 03/10/2017

Keller Williams Lake Norman

Last Buyer's Agent

Jenny Dabbs

Southern Homes of the Carolinas, Inc License #283382

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Level Lot
  • Irrigation

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Storm Doors

Kitchen

  • Breakfast Bar
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Outdoor Features

  • Pond

Listing and Financial Details

  • Assessor Parcel Number 5600-77-6373-0000

Community Details

Overview

  • Herman Managment Association, Phone Number (800) 732-9695

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00537
  • Ratio Close Price By Original Li: 1.00537
  • Ratio Current Price By Acre: 1221739.13
  • Ratio Current Price By Sq Ft: 105.60
  • Year Built: 2004
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1485
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Ceiling Fan(s), CO Detector, Cable Prewire, Cooktop Gas, Disposal, Dryer, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Security System, Washer, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Tile, Carpet, Laminate Wood
  • H O A Management Phone: 800-732-9695
  • Interior Amenities: Attic Other, Breakfast Bar, Built-Ins, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 291
  • Main Level Sq Ft: 1176
  • Total Sq Ft: 2661

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Club House, Playground, Pond, Outdoor Pool, Recreation Area, Tennis Court(s)
  • Association Fee: 225.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Herman Managment
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Weddington Hills
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.230
  • Parcel Number: 5600-77-6373-0000
  • Plat Book Slide: 12/42
  • Zoning Specification: CURC

Tax Info

  • Tax Value: 280570.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
Apr 3, 2017
Sold by
Shepard Candice L and Shepard Devin F
Bought by
Kaiser Betsy A and Kaiser Dary J
Seller's Agent
Katrina Rockel
Keller Williams Lake Norman
Buyer's Agent
Jenny Dabbs
Southern Homes of the Carolinas, Inc
List Price
$279,500
Sold Price
$281,000
Premium/Discount to List
$1,500
0.54%
Current Estimated Value
$550,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,602
Avg. Annual Appreciation
8.22%
Original Mortgage
$224,800
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2012
Sold by
Reese Robert F and Reese Stephanie D
Bought by
Shepard Candice L and Shepard Devin F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,736
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 8, 2004
Sold by
Niblock Development Corp
Bought by
Reese Robert F and Reese Stephanie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,150
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
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
Kaiser Betsy A $281,000 None Available
Shepard Candice L $239,000 None Available
Reese Robert F $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaiser Betsy A $224,200
Closed Kaiser Betsy A $224,800
Previous Owner Shepard Candice L $203,500
Previous Owner Shepard Candice L $244,736
Previous Owner Reese Robert F $200,000
Previous Owner Reese Robert F $216,000
Previous Owner Reese Robert F $225,000
Previous Owner Reese Robert F $46,600
Previous Owner Reese Robert F $195,150
Closed Reese Robert F $36,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2017 04/06/17 Sold $281,000 +0.5% $106 / Sq Ft
03/12/2017 03/12/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $279,500 -- $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
2024 $4,920 $493,990 $114,000 $379,990
2023 $3,877 $317,820 $74,000 $243,820
2022 $3,877 $317,820 $74,000 $243,820
2021 $3,877 $317,820 $74,000 $243,820
2020 $3,877 $317,820 $74,000 $243,820
2019 $3,423 $280,570 $60,000 $220,570
2018 $3,367 $280,570 $60,000 $220,570
2017 $3,311 $280,570 $60,000 $220,570
2016 $1,964 $246,000 $52,000 $194,000
2015 $2,903 $246,000 $52,000 $194,000
2014 $2,903 $246,000 $52,000 $194,000
Source: Public Records

Agents Affiliated with this Home

  • Katrina Rockel

    Seller's Agent in 2017

    Katrina Rockel

    Keller Williams Lake Norman

    (910) 583-3817

    43 Total Sales

    Section Image
  • Jenny Dabbs

    Buyer's Agent in 2017

    Jenny Dabbs

    Southern Homes of the Carolinas, Inc

    (704) 305-6105

    45 Total Sales

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3258355

Canopy MLS (Canopy Realtor® Association)

APN: 5600-77-6373-0000

North Carolina Cabarrus County Concord 28027

505 Montgrove Place NW, Concord, NC

This home is located at 505 Montgrove Place NW, Concord, NC 28027 since 10 March 2017 and is currently estimated at $550,602, approximately $206 per square foot. This property was built in 2004. 505 Montgrove Place NW is a home located in Cabarrus County with nearby schools including Weddington Hills Elementary School, Harold E. Winkler Middle School, and Dogwood Classical Academy.

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