NOT LISTED FOR SALE

541 Elizabeth Lee Dr NW Unit 515 Concord, NC 28027

Estimated Value: $688,000 - $807,545

5 Beds
3.5 Baths
3,641 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $520,000 $143 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,581/month

387 Days on Market

Highlights

  • Newly Remodeled
  • Deck
  • Transitional Architecture
  • Weddington Hills Elementary School Rated A-
  • Pond
  • Wood Flooring

About This Home

As of June 2018

This beautiful master down home features five bedrooms, 3 1/2 baths. The family room is open to a large gourmet kitchen and breakfast area. Finished basement with great room, bedroom, full bath and rough in for future kitchen.

Last Agent to Sell the Property

William Niblock

Niblock Development Corp Brokerage Email: clittle@niblockhomes.com License #59006 Listed on: 04/20/2017

Last Buyer's Agent

Bill Adams

Allen Adams Realty License #213782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,748

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.37 Acre Lot
  • Property is zoned RV

Parking

  • 3 Car Garage
  • Basement Garage

Home Design

  • Transitional Architecture
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Ceiling Fan
  • Insulated Windows
  • Great Room with Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Pond
  • Deck
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5600-88-6122-0000

Community Details

Overview

  • Herman Mgmt Association
  • Built by Niblock Homes
  • Laurel Park Subdivision, Berkley Floorplan
  • Property has a Home Owners Association

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,748

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2017
  • Proposed Completion Date: 2017-10-18
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 142.82
  • Attribution Contact: clittle@niblockhomes.com
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Garden Tub
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1676
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 436
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 881
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1317
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 726
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2402
  • Has Basement: Basement, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1239
  • Fireplace Features: Great Room
  • Living Area: 3641
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Bedroom Basement: 1

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement, Shingle/Shake, Stone
  • Patio And Porch Features: Deck, Front Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage, Garage Faces Side

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s)
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Pond, Recreation Area, Tennis Court(s)
  • Hoa Subject To Dues: Mandatory
  • Association Name: Herman Mgmt
  • Association: Yes

Schools

  • Middle Or Junior School: Northwest Cabarrus
  • HOA Subject To: Required

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5600-88-6122-0000
  • Plat Book Slide: 51/27
  • Plat Reference Section Pages: 234
  • Development Status: Completed
  • Lot Size Acres: 0.368
  • Lot Size Sq Ft: 16030
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Building Info

  • Builder Name: Niblock Homes

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 15, 2018
Sold by
Niblock Homes Llc
Bought by
Bennett Matthew T and Bennett Bethany L
Seller's Agent
William Niblock
Niblock Development Corp
Buyer's Agent
Bill Adams
Allen Adams Realty
List Price
$522,200
Sold Price
$520,000
Premium/Discount to List
-$2,200
-0.42%
Current Estimated Value
$748,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,136
Avg. Annual Appreciation
5.06%
Original Mortgage
$416,000
Outstanding Balance
$249,473
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$498,663

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 14, 2018
Sold by
Dogwood And Pines Llc
Bought by
Niblock Homes Llc
Seller's Agent
William Niblock
Niblock Development Corp
Buyer's Agent
Bill Adams
Allen Adams Realty
List Price
$522,200
Sold Price
$520,000
Premium/Discount to List
-$2,200
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$249,473
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$498,663

Purchase Details

Closed on
Mar 21, 2017
Sold by
Glp Partners Lllc
Bought by
Dogwood And Pines Llc

Purchase Details

Closed on
Nov 25, 2008
Sold by
Niblock Development Corp
Bought by
Glp Partners Llc
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
Bennett Matthew T $520,000 None Available
Niblock Homes Llc $55,000 None Available
Dogwood And Pines Llc $48,000 None Available
Glp Partners Llc $3,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Matthew T $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $520,000 -0.4% $143 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/20/2017 04/20/17 For Sale $522,200 -- $143 / 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 $7,748 $777,940 $122,000 $655,940
2024 $7,748 $777,940 $122,000 $655,940
2023 $5,846 $479,210 $84,000 $395,210
2022 $5,846 $479,210 $84,000 $395,210
2021 $5,846 $479,210 $84,000 $395,210
2020 $5,846 $479,210 $84,000 $395,210
2019 $5,653 $463,340 $80,000 $383,340
2018 $5,560 $463,340 $80,000 $383,340
2017 $944 $80,000 $80,000 $0
2016 $560 $70,000 $70,000 $0
2015 $826 $70,000 $70,000 $0
2014 $826 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3273207

Canopy MLS (Canopy Realtor® Association)

APN: 5600-88-6122-0000