NOT LISTED FOR SALE

555 Hemmings Place NW Concord, NC 28027

Estimated Value: $811,000 - $894,858

5 Beds
4.5 Baths
5,070 Sq Ft
$169/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $491,500 $97 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,274/month

218 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Transitional Architecture
  • Weddington Hills Elementary School Rated A-
  • Pond
  • Cathedral Ceiling

About This Home

As of October 2019

Stunning property will check all of your buyers boxes. Spread out with over 5000 sq. ft, 5 bedrooms and 4.5 baths. Escape to an expansive fully finished basement for family fun and entertaining. Park all your cars in the enormous 3 car garage. The landscaping and outdoor living are second to none. This home is perfect and meticulously maintained. High end finishes and custom touches throughout a truly move in ready home. No detail has been overlooked. New high school (West Cabarrus HS) opening in fall of 2020. All of this offered in one of Concord's most desirable, amenity laden neighborhoods. New roof installed in July 2019. New HVAC in 2018, Furnace in 2016.

Last Agent to Sell the Property

Jason Adams

Southland, Realtors LLC License #280383 Listed on: 02/05/2019

Last Buyer's Agent

Teresa Clayton

Magnolia Lane Real Estate Grp License #297273

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.37

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace
  • Storage Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Additional Features

  • Pond
  • Lawn
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5600-57-6247-0000

Community Details

Overview

  • Herman Association, Phone Number (800) 732-9695
  • Built by Niblock

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story/Basement
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.94884
  • Ratio Close Price By Original Li: 0.92753
  • Ratio Current Price By Acre: 1328378.38
  • Ratio Current Price By Sq Ft: 96.94
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance
  • Upper Level Sq Ft: 1532
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Surround Sound, Electric Oven
  • Fireplace Description: FAMILYRM
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 800-732-9695
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Basement Shop, Built-Ins, Cable Available, Cathedral Ceiling(s), Garden Tub, Open Floorplan, Pantry, Split BR Plan, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Wet Bar
  • Laundry Location: Main
  • Room Count: 3
  • Sq Ft Basement: 1406
  • Main Level Sq Ft: 2132
  • Total Sq Ft: 5070

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Lawn Maintenance, Storage Unit

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway, Garage - 3 Car

Utilities

  • Heating: g-Energy Star HVAC
  • Sewer: City Sewer
  • Water: City Water

Condo/Co-op/Association

  • Community Features: Club House, Pond, Outdoor Pool, Recreation Area, Sidewalk, Street Lights, Tennis Court(s), Walking Trails
  • Association Fee: 450.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Herman
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Dimension: Per Tax Card
  • Lot Features: Cul-de-sac Lot
  • Lot Size Area: 0.370
  • Parcel Number: 5600-57-6247-0000
  • Zoning Specification: CURC

Building Info

  • Builder Name: Niblock

Tax Info

  • Tax Value: 451490.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Oct 28, 2019
Sold by
Carte Todd E and Carte Alicia L
Bought by
Jones Adam M and Jones Catherine N
Seller's Agent
Jason Adams
Southland, Realtors LLC
Buyer's Agent
Teresa Clayton
Magnolia Lane Real Estate Grp
List Price
$529,900
Sold Price
$491,500
Premium/Discount to List
-$38,400
-7.25%
Current Estimated Value
$857,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,715
Avg. Annual Appreciation
9.80%
Original Mortgage
$393,200
Outstanding Balance
$345,222
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$511,993

Purchase Details

Closed on
Jun 28, 2002
Sold by
Niblock Development Corp
Bought by
Carte Todd E and Carte Alicia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,300
Interest Rate
6.12%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Laurel Park Development Llc
Bought by
Niblock Development Corp
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
Jones Adam M $491,500 None Available
Carte Todd E $387,000 --
Niblock Development Corp $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Adam M $393,200
Previous Owner Carte Todd E $367,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2019 10/28/19 Sold $491,500 -5.1% $97 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $518,000 -1.3% $102 / Sq Ft
03/18/2019 03/18/19 Price Changed $524,900 -0.9% $104 / Sq Ft
02/05/2019 02/05/19 For Sale $529,900 -- $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
2025 $8,249 $828,250 $135,000 $693,250
2024 $8,249 $828,250 $135,000 $693,250
2023 $5,966 $489,030 $85,000 $404,030
2022 $5,966 $489,030 $85,000 $404,030
2021 $5,966 $489,030 $85,000 $404,030
2020 $5,966 $489,030 $85,000 $404,030
2019 $5,508 $451,490 $75,000 $376,490
2018 $5,418 $451,490 $75,000 $376,490
2017 $5,328 $451,490 $75,000 $376,490
2016 $3,160 $419,800 $70,000 $349,800
2015 $4,954 $419,800 $70,000 $349,800
2014 $4,954 $419,800 $70,000 $349,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3471189

Canopy MLS (Canopy Realtor® Association)

APN: 5600-57-6247-0000