NOT LISTED FOR SALE

577 Tulip Tree St NW Unit 355 Concord, NC 28027

Estimated Value: $575,549 - $599,000

4 Beds
3.5 Baths
3,000 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $488,160 $163 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,650/month

30 Days on Market

Highlights

  • Community Cabanas
  • Under Construction
  • Cathedral Ceiling
  • Charles E. Boger Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of August 2021

MLS #3735634 ~ Fall 2021 Completion! Style and flexibility make the Somerset floor plan an accommodating and inviting home. The main floor of the two-story home includes an open family room, breakfast and kitchen area, formal dining room and study, as well as a powder room. The kitchen features expansive counter space and an island with breakfast bar. Next to the kitchen, a large walk-in pantry features storage galore. A built-in valet is conveniently located off of the garage entry for storage of shoes, coats, purses, and backpacks. A roomy owner’s suite with dual sink bathroom and huge walk-in closet graces the second floor. The three additional bedrooms, dual vanity bath, laundry room and loft complete the upstairs. Structural options added at 577 Tulip Tree Street NW include: 36" gas fireplace, covered patio and study. REPRESENTATIVE PHOTOS ADDED!

Last Agent to Sell the Property

Stephanie Mullins

9 Yards Realty Group License #290858 Listed on: 05/03/2021

Co-Listed By

Cristal Cox

CCNC Realty Group LLC License #128568

Last Buyer's Agent

Bala Sure

RE/MAX Executive License #265295

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • Level Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5611028041

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 2020 | Under Construction

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Under Construction
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00706
  • Ratio Current Price By Acre: 2773636.36
  • Ratio Current Price By Sq Ft: 162.72
  • Year Built: 2020
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1659
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • 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, Microwave, Natural Gas, Oven, 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, Breakfast Bar, Cable Available, Cathedral Ceiling(s), Garden Tub, Kitchen Island, Open Floorplan, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 1341
  • Total Sq Ft: 3000
  • Sq Ft Unheated Main: 436
  • Sq Ft Unheated Total: 436

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built
  • Exterior Features: Underground Power Lines
  • 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, 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 Dimension: 65x118
  • Lot Features: Level
  • Lot Size Area: 0.176
  • Parcel Number: 5611028041
  • Zoning Specification: SM-2

Building Info

  • Builder Name: Taylor Morrison

Tax Info

  • Tax Value: 488160.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Aug 2, 2021
Sold by
Taylor Morrison Of Carolinas I Nc
Bought by
Govindarajan Sathish Kumar and Veeramalai Karthika
Seller's Agent
Stephanie Mullins
9 Yards Realty Group
Buyer's Agent
Bala Sure
RE/MAX Executive
List Price
$484,740
Sold Price
$488,160
Premium/Discount to List
$3,420
0.71%
Current Estimated Value
$589,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,977
Avg. Annual Appreciation
4.61%
Original Mortgage
$439,344
Outstanding Balance
$400,095
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$189,042

Purchase Details

Closed on
Jan 29, 2020
Sold by
Tac Niblock Llc
Bought by
Taylor Morrison Of Carolinas Inc
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
Govindarajan Sathish Kumar $488,500 None Available
Taylor Morrison Of Carolinas Inc $2,847,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Govindarajan Sathish Kumar $439,344
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $488,160 0.0% $163 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $488,160 +0.7% $163 / Sq Ft
06/01/2021 06/01/21 For Sale $484,740 -0.7% $162 / Sq Ft
05/13/2021 05/13/21 Off Market $488,160 -- --
05/12/2021 05/12/21 For Sale $484,740 -0.7% $162 / Sq Ft
05/04/2021 05/04/21 Off Market $488,160 -- --
05/03/2021 05/03/21 For Sale $484,740 -- $162 / 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 $5,317 $533,860 $80,000 $453,860
2024 $5,317 $533,860 $80,000 $453,860
2023 $4,557 $373,500 $60,000 $313,500
2022 $4,557 $60,000 $60,000 $0
2021 $0 $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: CAR3735634

Canopy MLS (Canopy Realtor® Association)

APN: 5611-02-8041-0000