NOT LISTED FOR SALE

687 Studio Ln NW Concord, NC 28027

Estimated Value: $363,638 - $391,000

3 Beds
2.5 Baths
1,716 Sq Ft
2,091 Sq Ft Lot

Sale Details

Date Sold: September 21, 2020

Last sale price $270,000 $157 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,542 / mo

Highlights

  • Community Cabanas
  • Wood Flooring
  • Breakfast Bar
  • W.R. Odell Elementary School Rated A-
  • Walk-In Closet
  • Level Lot

About This Home

As of September 2020

Easy to show empty home and great location in Edison Square! Gorgeous 3 BR 2.5 BA home in NW Cabarrus Cox Mill H.S. district. Can walk to dining, shops, pre-school and grocery. Like new huge master suite fully upgraded master bath with double sink vanity shower and soaking tub.MOVE-IN READY with 2 inch blinds/refrigerator. Pretty wood floors, dining room, country kitchen with granite counter tops, under mount sink, tile back splash, breakfast bar, SS appliances and great pantries!. Separate laundry room with linen closet up with bedrooms. Two secondary bedrooms with closets. Tankless water heater. Dual-zoned hvac. Finished garage on flat level lot. Walk across street to pool and mailboxes. PLEASE MAKE SURE TO REMOVE ALL SHOES AND LOCK UP AFTER SHOWING

Last Agent to Sell the Property

Manjesh Gorajala

NorthGroup Real Estate LLC License #294156 Listed on: 08/13/2020

NorthGroup Real Estate LLC

Last Buyer's Agent

Sudhakar Meenige

Sudhakar Homes License #298516

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Lot Details

  • 2,091

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4670-55-9312-0000

Community Details

Overview

  • Main Street Management Association, Phone Number (704) 255-1266

Recreation

  • Community Cabanas
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

2,091 Sq Ft Lot

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Condo/Townhouse
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.96463
  • Ratio Close Price By Original Li: 0.96463
  • Ratio Current Price By Sq Ft: 157.34
  • Unit Floor Level: 1
  • Year Built: 2016
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 998
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Entry Level: Main
  • Equipment: Cable Prewire, Ceiling Fan(s), Convection Oven, Cooktop Gas, Dishwasher, Disposal, Exhaust Fan, Gas Oven, Gas Range, Microwave, Refrigerator
  • Flooring: Carpet, Wood
  • H O A Management Phone: 704 255 1266
  • Interior Amenities: Breakfast Bar, Cable Available, Pantry, Walk-In Closet(s)
  • Laundry Location: Upper
  • Room Count: 2
  • Main Level Sq Ft: 718
  • Total Sq Ft: 1716

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Sidewalk
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Complex Name: Edison Square
  • HOA Management Company: Main Street Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Land Included Yn: Yes
  • Lot Features: Level
  • Parcel Number: 4670-55-9312-0000
  • Zoning Specification: C-2

Tax Info

  • Tax Value: 209730.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 21, 2020
Sold by
Inampudi Sricharan and Donepudi Sruthi Chowdary
Bought by
Balimi Rana Banu Teja and Kambham Swathi
Seller's Agent
Manjesh Gorajala
NorthGroup Real Estate LLC
Buyer's Agent
Sudhakar Meenige
Sudhakar Homes
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Current Estimated Value
$380,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,910
Avg. Annual Appreciation
6.40%
Original Mortgage
$202,500
Outstanding Balance
$144,189
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$236,721

Purchase Details

Closed on
Sep 23, 2016
Sold by
Nvr Inc
Bought by
Inampudi Sricharan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,262
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Edison Square Holdings Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Balimi Rana Banu Teja $270,000 None Available
Inampudi Sricharan $229,500 None Available
Nvr Inc $231,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balimi Rana Banu Teja $202,500
Previous Owner Inampudi Sricharan $206,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $270,000 -3.5% $157 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $279,900 -- $163 / Sq Ft
Source: Canopy MLS

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 $3,671 $368,580 $75,000 $293,580
2024 $3,671 $368,580 $75,000 $293,580
2023 $3,062 $251,020 $56,000 $195,020
2022 $3,062 $251,020 $56,000 $195,020
2021 $3,062 $251,020 $56,000 $195,020
2020 $3,062 $251,020 $56,000 $195,020
2019 $2,559 $209,730 $50,000 $159,730
2018 $2,517 $209,730 $50,000 $159,730
2017 $2,475 $209,730 $50,000 $159,730
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Manjesh Gorajala

    NorthGroup Real Estate LLC

    (704) 303-1021

    15 in this area

    237 Total Sales

    Manjesh Gorajala
    Section Image

  • S

    Buyer's Agent in 2020

    Sudhakar Meenige

    Sudhakar Homes

    (704) 706-5174

    69 in this area

    221 Total Sales

    Sudhakar Meenige
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3649871

Canopy MLS

APN: 4670-55-9312-0000

North Carolina Cabarrus County Concord 28027

687 Studio Ln NW, Concord, NC

Not Listed for Sale

Condos

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Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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