NOT LISTED FOR SALE

5425 Mallard Dr Concord, NC 28025

Estimated Value: $497,000 - $527,000

3 Beds
2.5 Baths
2,316 Sq Ft
$222/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $317,000 $137 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,092/month

1 Day on Market

Highlights

  • Community Lake
  • Wooded Lot
  • Wood Flooring
  • Pond
  • Traditional Architecture
  • Attic

About This Home

As of May 2020

One owner,meticulously maintained all brick 2 story in peaceful neighborhood.Vinyl clad Anderson windows.Tile flooring,ss appliances & granite counter tops in kitchen with large island,prep sink & electrical outlet,double pantry. All hardwoods downstairs.FP w/insert in family room(hasn't been used recently, chimney passed inspection 3 yrs ago).Maintenance-free screened porch overlooking tranquil backyard w/pond view.Second bedroom upstairs currently used as sewing room.Walk-in attic also accessible by pull-down stairs in garage.Cedar storage unit in attic remains.Ceiling heating elements in bathrooms.Metal door to one walk-in crawl space w/water heater, softener & storage.2nd crawl space w/double doors for lawn equipment storage-riding lawnmower remains.Asphalt drive 4 y/o.Water collection barrel for watering yard. Outside wood trim painted 2 yrs ago. Interior painted last couple of months.Owner has a/c & heat checked twice a year, lawn maintenance.

Last Agent to Sell the Property

Debbi Little

Craven & Company Realtors License #221477 Listed on: 04/07/2020

Last Buyer's Agent

Deborah Calderon

Calderon Realty Inc. License #251992

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.69

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Wood Burning Fireplace
  • Insulated Windows
  • Window Treatments
  • Crawl Space
  • Attic Fan
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Pond
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 5568-22-1564

Community Details

Overview

  • Lake Shore Estates, Inc Association, Phone Number (704) 467-1598
  • Built by Harold Almond
  • Community Lake

Recreation

  • Recreation Facilities
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97538
  • Ratio Close Price By Original Li: 0.97538
  • Ratio Current Price By Acre: 459420.29
  • Ratio Current Price By Sq Ft: 136.87
  • Year Built: 1988
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 755
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Electric, Dishwasher, Dryer, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace Description: FAMILYRM, Fireplace Insert, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-467-1598
  • Interior Amenities: Attic Fan, Attic Walk-in, Cable Available, Garden Tub, Kitchen Island, Pantry, Walk-In Closet(s), Window Treatments
  • Laundry Location: Main, Garage
  • Room Count: 2
  • Main Level Sq Ft: 1561
  • Total Sq Ft: 2316
  • Sq Ft Unheated Main: 188
  • Sq Ft Unheated Total: 188

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: g-Rainwater Catchment

Garage/Parking

  • Driveway: Asphalt
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener, Side Load Garage

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat, Multizone A/C, MultiZone Heat
  • Sewer: Septic Installed
  • Water: Water Softener System, Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Pond, Recreation Area, Walking Trails
  • Association Fee: 100.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Lake Shore Estates, Inc
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Dimension: 150x200
  • Lot Features: Water view, Wooded
  • Lot Size Area: 0.690
  • Parcel Number: 5568-22-1564
  • Zoning Specification: Resident

Building Info

  • Builder Name: Harold Almond

Tax Info

  • Tax Value: 239770.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2020
Closed on
May 1, 2020
Sold by
Martinkovic Joan E
Bought by
Pressley Randy D and Pressley Joni S
Seller's Agent
Debbi Little
Craven & Company Realtors
Buyer's Agent
Deborah Calderon
Calderon Realty Inc.
List Price
$325,000
Sold Price
$317,000
Premium/Discount to List
-$8,000
-2.46%
Current Estimated Value
$514,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,621
Avg. Annual Appreciation
9.04%
Original Mortgage
$253,600
Outstanding Balance
$227,168
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$269,889

Purchase Details

Closed on
May 1, 1985
Bought by
Martinkovic Donald G and Martinkovic Joan E
Source: Public Records

Range of Values:

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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
Pressley Randy D $317,000 None Available
Martinkovic Donald G $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pressley Randy D $253,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $317,000 -2.5% $137 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/07/2020 04/07/20 For Sale $325,000 -- $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
2024 $2,908 $436,600 $99,000 $337,600
2023 $2,185 $262,640 $45,000 $217,640
2022 $2,185 $262,640 $45,000 $217,640
2021 $2,185 $262,640 $45,000 $217,640
2020 $1,995 $239,770 $45,000 $194,770
2019 $1,930 $231,990 $45,000 $186,990
2018 $1,884 $231,990 $45,000 $186,990
2017 $1,805 $227,940 $45,000 $182,940
2016 $1,805 $215,630 $45,000 $170,630
2015 $1,708 $215,630 $45,000 $170,630
2014 $1,708 $215,630 $45,000 $170,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3606698

Canopy MLS (Canopy Realtor® Association)

APN: 5568-22-1564-0000