NOT LISTED FOR SALE

564 Tulip Tree St NW Unit 342 Concord, NC 28027

Estimated Value: $573,000 - $609,000

5 Beds
4 Baths
2,933 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $489,978 $167 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,681/month

6 Days on Market

Highlights

  • Community Cabanas
  • Under Construction
  • Wood Flooring
  • Charles E. Boger Elementary School Rated A-
  • Open Floorplan
  • Farmhouse Style Home

About This Home

As of October 2021

MLS#3754003 Fall 2021 Completion! The Waverly Farmhouse is a gorgeous brand new home under construction features an airy open-plan concept on the first floor with a large gathering room and stunning upgraded kitchen complete with large walk-in pantry, and luxurious food prep island. An exceptionally spacious plan includes a first floor guest suite with full bath. Upstairs you'll find a spacious master suite with a separate tub and shower, as well as dual sinks and stone counters. There are 3 additional bedrooms plus a Loft space perfect for entertaining or media space. Structural options added to 564 Tulip Tree include: Bedroom 5 with bath on first floor, insulated garage, fireplace in family room, added windows. Gas range that vents to the exterior, hardwood stairs, white cabinets throughout the home, marble surround on the fireplace, laminate hardwood through out the first floor (excluding the first floor guest suite). REPRESENTATIVE PHOTOS ADDED!

Last Agent to Sell the Property

Stephanie Mullins

9 Yards Realty Group License #290858 Listed on: 07/01/2021

Co-Listed By

Cristal Cox

CCNC Realty Group LLC License #128568

Last Buyer's Agent

Bala Mekala

NorthGroup Real Estate LLC License #320812

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 4 Full Bathrooms
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5611018784

Community Details

Overview

  • Braesael Management Company, Llc Association, Phone Number (704) 847-3507
  • Built by Taylor Morrison

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Farmhouse
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.03485
  • Ratio Current Price By Acre: 2737307.26
  • Ratio Current Price By Sq Ft: 167.06
  • Year Built: 2021
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1648
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Doors and Windows: g-Insulated Door(s), Insulated Windows
  • Equipment: Cable Prewire, CO Detector, Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, g-Energy Star® Dishwasher, Exhaust Fan, Exhaust Hood, Gas Range, Ice Maker Connection, Microwave, Natural Gas, Self Cleaning Oven, Warming Drawer
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Tile, Wood
  • H O A Management Phone: 704-847-3507
  • Interior Amenities: Attic Stairs Pulldown, Cable Available, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1285
  • Total Sq Ft: 2933

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • New Construction: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Green Building Features: g-Engineered Wood Products
  • Heating: Central Air, Gas Hot Air Furnace, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Sidewalk, Street Lights
  • Association Fee: 425.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Braesael Management Company, LLC
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Charles E. Boger
  • Middle School: Northwest Cabarrus
  • High School: Northwest Cabarrus

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.179
  • Parcel Number: 5611018784
  • Zoning Specification: RM-2

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Value: 489978.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 25, 2021
Sold by
Taylor Morrison Of Carolinas Inc
Bought by
Sharma Alok and Sharma Shivani
Seller's Agent
Stephanie Mullins
9 Yards Realty Group
Buyer's Agent
Bala Mekala
NorthGroup Real Estate LLC
List Price
$473,478
Sold Price
$489,978
Premium/Discount to List
$16,500
3.48%
Current Estimated Value
$592,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,657
Avg. Annual Appreciation
4.95%
Original Mortgage
$391,982
Outstanding Balance
$358,226
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$234,409
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
Sharma Alok $490,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Alok $391,982
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $489,978 0.0% $167 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
07/01/2021 07/01/21 Price Changed $489,978 +3.5% $167 / Sq Ft
07/01/2021 07/01/21 For Sale $473,478 -- $161 / 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 $5,474 $549,610 $80,000 $469,610
2024 $5,474 $549,610 $80,000 $469,610
2023 $4,501 $368,940 $60,000 $308,940
2022 $4,501 $60,000 $60,000 $0
2021 $732 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3754003

Canopy MLS (Canopy Realtor® Association)

APN: 5611-01-8784-0000