NOT LISTED FOR SALE

5843 Potomac Dr NW Concord, NC 28027

Estimated Value: $611,000 - $671,514

4 Beds
2.5 Baths
3,266 Sq Ft
$198/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $391,000 $120 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,912/month

41 Days on Market

Highlights

  • In Ground Pool
  • Engineered Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • Attic
  • Terrace

About This Home

As of August 2017

Home you've been waiting for! Home features master ste on main w/deluxe bath & huge walk-in. Upgraded chef's kitchen w/butler's pantry, granite, tile, under mount lighting, double ovens, etc., breakfast area & frml dining rm. Lrg. family rm w/FPL overlooking backyard. Main level features flex space currently being used as music room/library. Upper level is complete w/2nd mstr ste, 2 add'l bdrms & 1 bath, + lrg bonus/media rm. On 1 acre lot featuring extensive hardspace w/salt water pool

Last Agent to Sell the Property

Thecla Widenhouse

Howard Hanna Allen Tate Concord License #212215 Listed on: 06/08/2017

Howard Hanna Allen Tate Concord

Last Buyer's Agent

David Kilpatrick

Sterling Real Estate Services, LLC License #146174

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • Corner Lot
  • Level Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Tray Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Garden Bath

Attic

  • Attic Fan
  • Pull Down Stairs to Attic

Outdoor Features

  • In Ground Pool
  • Terrace

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4690-93-4058-0000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 3 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97264
  • Ratio Close Price By Original Li: 0.92000
  • Ratio Current Price By Acre: 391000.00
  • Ratio Current Price By Sq Ft: 119.72
  • Year Built: 1988
  • Special Features: None
  • Stories: 3

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1342
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), CO Detector, Convection Oven, Cable Prewire, Double Oven, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Microwave, Security System, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Prefinished Wood, Tile, Wood
  • Interior Amenities: Attic Fan, Attic Stairs Pulldown, Attic Walk-in, Built-Ins, Cable Available, Garden Tub, Pantry, Tray Ceiling
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Sq Ft Additional: 508
  • Main Level Sq Ft: 1924
  • Total Sq Ft: 3266

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Pool-In-Ground, Terrace
  • Publically Maintained Road: Yes

Garage/Parking

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

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 171 x 198 x 256 x 189
  • Lot Features: Corner Lot, Level, Trees
  • Lot Size Area: 1.000
  • Parcel Number: 4690-93-4058-0000
  • Zoning Specification: RL

Tax Info

  • Tax Value: 324740.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 18, 2017
Sold by
Lyda Michael A and Lyda Kimberly A
Bought by
Buchanan Heather
Seller's Agent
Thecla Widenhouse
Howard Hanna Allen Tate Concord
Buyer's Agent
David Kilpatrick
Sterling Real Estate Services, LLC
List Price
$425,000
Sold Price
$391,000
Premium/Discount to List
-$34,000
-8%
Current Estimated Value
$646,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,629
Avg. Annual Appreciation
6.35%
Original Mortgage
$351,900
Outstanding Balance
$293,633
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$352,996

Purchase Details

Closed on
Feb 2, 2005
Sold by
Chase Manhattan Mortgage Corp
Bought by
Lyda Michael A and Lyda Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Gross Paul A and Gross Jerla A
Bought by
Chase Manhattan Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1988
Bought by
Gross Paul A and Wife Jerla A
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
Buchanan Heather $391,000 None Available
Lyda Michael A $255,000 --
Chase Manhattan Mortgage Corp $266,304 --
Gross Paul A $219,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buchanan Heather $351,900
Previous Owner Lyda Michael A $204,000
Closed Lyda Michael A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $391,000 -8.0% $120 / Sq Ft
07/19/2017 07/19/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $425,000 -- $130 / 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 $5,769 $579,230 $120,000 $459,230
2024 $5,769 $579,230 $120,000 $459,230
2023 $4,690 $384,430 $78,000 $306,430
2022 $4,690 $384,430 $78,000 $306,430
2021 $4,690 $384,430 $78,000 $306,430
2020 $4,690 $384,430 $78,000 $306,430
2019 $4,487 $367,760 $47,000 $320,760
2018 $4,413 $367,760 $47,000 $320,760
2017 $3,832 $324,740 $47,000 $277,740
2016 $2,273 $314,680 $47,000 $267,680
2015 $3,713 $314,680 $47,000 $267,680
2014 $3,713 $314,680 $47,000 $267,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3289707

Canopy MLS (Canopy Realtor® Association)

APN: 4690-93-4058-0000