$265,000
SOLD OCT 15, 2019

5398 Josephine Ln SW Concord, NC 28027

3 Beds
2.5 Baths
2,310 Sq Ft
0.3 Acres

Recently Sold

$115 Per Sq Ft

5% Below List Price

19 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Attached Garage
  • Pitts School Road Elementary School Rated A-
  • Community Pool
  • Tray Ceiling

About This Home

As of October 2019

Welcome Home! Popular Yates Meadow community in Concord. Original homeowners. Fantastic layout features open kitchen/great room concept. Dining room in front of home, but connected to the kitchen. Owners currently use this space as an office. Fantastic kitchen space with wall oven and microwave, PLENTY of cabinet space and large kitchen island. Laminate wood flooring downstairs just installed last year and brand new carpets upstairs! Crown molding was added downstairs. Surround sound in great room. Nice sized bedrooms upstairs with HUGE bonus room, wired for surround sound. Master has tray ceilings, separate tub/shower, and walk in closet with drawers and shelving. Fantastic corner lot, almost 1/3 acre, and fenced in. Enjoy your morning coffee on your screened in back porch. This home is located conveniently to amenities. Pool, playground and dog park. Homeowners get HVAC serviced twice a year. Home Warranty offered with acceptable offer.

Last Agent to Sell the Property

Kim Drakulich

Real Broker, LLC License #277431

Real Broker, LLC

Last Buyer's Agent

Steve Casselman

EXP Realty LLC Ballantyne License #272611

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Corner Lot
  • Level Lot

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Pull Down Stairs to Attic
  • Storm Doors
  • Kitchen Island

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 5508-82-4520-0000

Community Details

Overview

  • Cedar Management Association, Phone Number (704) 644-8808
  • Built by Brookwood

Recreation

  • Community Playground
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95221
  • Ratio Close Price By Original Li: 0.95221
  • Ratio Current Price By Acre: 883333.33
  • Ratio Current Price By Sq Ft: 114.72
  • Year Built: 2006
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1304
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Screen Door(s), Storm Door(s)
  • Equipment: Ceiling Fan(s), Cable Prewire, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Surround Sound, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Flag Pole does not convey
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-644-8808
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Sq Ft Additional: 398
  • Main Level Sq Ft: 1006
  • Total Sq Ft: 2310

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Dog Park, Outdoor Pool, Playground, Sidewalk
  • Association Fee: 385.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Pitts School
  • Middle School: Harold E Winkler
  • High School: Jay M. Robinson

Lot Info

  • Lot Dimension: 104x135x106x110
  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.300
  • Parcel Number: 5508-82-4520-0000
  • Zoning Specification: CURM-2

Building Info

  • Builder Name: Brookwood

Tax Info

  • Tax Value: 205740.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Fkh Sfr Propcpo Lp
Bought by
Fkh Sfr Propco A Lp
Total Days on Market
19
Current Estimated Value
$430,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$826,242,000
Outstanding Balance
$741,128,806
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$740,698,702

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 15, 2019
Sold by
Kling Keith and Kling Michele M
Bought by
Cerberus Ser Holdings Iii Lp
Seller's Agent
Kim Drakulich
Real Broker, LLC
Buyer's Agent
Steve Casselman
EXP Realty LLC Ballantyne
List Price
$278,300
Sold Price
$265,000
Premium/Discount to List
-$13,300
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Brookwood Home Builders Inc
Bought by
Kling Keith and Kling Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 22, 2006
Sold by
Poplar Park Llc
Bought by
Brookwood Home Builders Inc

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed -- None Available
Warranty Deed $265,000 None Available
Warranty Deed $194,500 None Available
Warranty Deed $75,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $826,242,000 Commercial
Previous Owner $180,000 VA
Previous Owner $20,000 Unknown
Previous Owner $25,000 Stand Alone Second
Previous Owner $154,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Off Market $2,315 -- --
04/10/2025 04/10/25 Price Changed $2,315 -1.7% $1 / Sq Ft
03/20/2025 03/20/25 For Rent $2,355 +38.9% --
01/04/2020 01/04/20 Rented $1,695 0.0% --
12/13/2019 12/13/19 Price Changed $1,695 -1.7% $1 / Sq Ft
12/06/2019 12/06/19 Price Changed $1,725 -3.4% $1 / Sq Ft
11/22/2019 11/22/19 For Rent $1,785 0.0% --
10/15/2019 10/15/19 Sold $265,000 -4.8% $115 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $278,300 0.0% $120 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $278,300 -- $120 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $3,588 $360,270 $80,000 $280,270
2023 $3,167 $259,590 $55,000 $204,590
2022 $3,167 $259,590 $55,000 $204,590
2021 $3,167 $259,590 $55,000 $204,590
2020 $3,167 $259,590 $55,000 $204,590
2019 $2,510 $205,740 $37,000 $168,740
2018 $2,469 $205,740 $37,000 $168,740
2017 $2,428 $205,740 $37,000 $168,740
2016 $1,440 $184,030 $34,000 $150,030
2015 $2,069 $184,030 $34,000 $150,030
2014 $2,069 $184,030 $34,000 $150,030
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3547089

Canopy MLS (Canopy Realtor® Association)

APN: 5508-82-4520-0000