NOT LISTED FOR SALE

540 Hemmings Place NW Concord, NC 28027

Estimated Value: $651,788 - $704,000

4 Beds
3 Baths
2,600 Sq Ft
$260/Sq Ft Est. Value

About This Home

This home is located at 540 Hemmings Place NW, Concord, NC 28027 and is currently estimated at $676,947, approximately $260 per square foot. 540 Hemmings 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Hite Douglas A and Hite Cristina V
Bought by
Hite Family Trust and Hite
Current Estimated Value
$676,947

Purchase Details

Closed on
Sep 1, 2012
Sold by
Verlinden Marc E and Verlinden Yoomi L
Bought by
Hite Douglas A and Hite Cristina V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2006
Sold by
Niblock Development Corp
Bought by
Verlinden Marc E and Verlinden Yoomi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,120
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2005
Sold by
Laurel Park Development Llc
Bought by
Niblock Development Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hite Family Trust -- None Listed On Document
Hite Family Trust -- None Listed On Document
Hite Douglas A $290,000 None Available
Verlinden Marc E $370,500 None Available
Niblock Development Corp $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hite Douglas A $29,000
Previous Owner Verlinden Yoomi L $256,875
Previous Owner Verlinden Marc E $295,120
Source: Public Records

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 $6,394 $641,920 $135,000 $506,920
2023 $4,346 $356,210 $85,000 $271,210
2022 $4,346 $356,210 $85,000 $271,210
2021 $4,346 $356,210 $85,000 $271,210
2020 $4,346 $356,210 $85,000 $271,210
2019 $3,942 $323,090 $75,000 $248,090
2018 $3,877 $323,090 $75,000 $248,090
2017 $3,812 $323,090 $75,000 $248,090
2016 $2,262 $303,000 $70,000 $233,000
2015 $3,750 $317,780 $70,000 $247,780
2014 $3,750 $317,780 $70,000 $247,780
Source: Public Records

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