NOT LISTED FOR SALE

691 Studio Ln NW Concord, NC 28027

Estimated Value: $372,945 - $392,000

3 Beds
2.5 Baths
1,721 Sq Ft
$224/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2022

Last sale price $380,000 $221 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,568 / mo

2 Days on Market

Highlights

  • Community Cabanas
  • Open Floorplan
  • Lawn
  • W.R. Odell Elementary School Rated A-
  • Wood Flooring
  • Attached Garage

About This Home

As of January 2022

Gorgeous 2-story Townhome in the Edison Square neighborhood is just stunning! This home welcomes with a beautiful foyer and tons of natural light in both floors. This home was recently painted blended with flooring and fixtures, and new carpet on stairs and the total upper floor. The whole main level is hardwood flooring. The gourmet kitchen's huge island overlooks the family room and is a chef's dream with a gas cooktop, appliances & spacious pantry. One Bedroom on the upper floor is fully wired for media and can be a media room. The upstairs features must see, large Master's bedroom with custom like bathroom with walk-in-shower and soaking tub. This home has a yard with tree lined views from the rear patio that feels like a private yard. Also it has a unique feature with the garage having an EV charging station.

Last Agent to Sell the Property

Ganashyam Dontula

KJ Realty LLC License #321239 Listed on: 12/24/2021

Last Buyer's Agent

Non Member

Canopy Administration

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2016

Lot Details

  • 2,091

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • Open Floorplan
  • Sound System
  • Ceiling Fan
  • Home Security System

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Driveway

Schools

  • W.R. Odell Elementary School
  • Harrisrd Middle School
  • Cox Mill High School

Utilities

  • Zoned Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Lawn

Listing and Financial Details

  • Assessor Parcel Number 4670-55-8376-0000

Community Details

Overview

  • Henderson Properties Association, Phone Number (704) 970-4155
  • Edison Square Condos
  • Built by Ryan Homes
  • Edison Square Subdivision
  • Mandatory home owners association

Recreation

  • Community Cabanas
  • Community Pool

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Year Built

Built in 2016

Lot Details

2,091 Sq Ft Lot

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2016
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Unit Floor Level: 1
  • Road Surface Type: Concrete
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 716
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1005
  • Porch: Patio
  • Appliances: Cable Prewire, Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Dryer, Electric Dryer Hookup, Electric Range, Exhaust Fan, Microwave, Natural Gas, Network Ready, Refrigerator, Security System, Surround Sound, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1721
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Lawn Maintenance
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Electric Vehicle Charging Station(s), Garage - 2 Car, Garage Door Opener

Utilities

  • Heating: Central, Multizone A/C, Zoned
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Upper Level, Laundry Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool
  • Association Fee: 185
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Complex Name: Edison Square
  • Association Name: Henderson Properties
  • Phone: 704-970-4155
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: HARRISRD
  • HOA Subject To: Required
  • HOA Email: HOA@hendersonassociationmanagement.com

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 4670-55-8376-0000
  • Land Included Yn: 1
  • Zoning Description: C-2

Building Info

  • Builder Name: Ryan Homes

Tax Info

  • RATIO List Price By Tax Amount: 1.49522

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: W.R. Odell
  • High School: Cox Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2021
Closed on
Jan 14, 2022
Sold by
Sriram and Sindhuja
Bought by
Poreddy Papireddy and Poreddy Smitha
Seller's Agent
Ganashyam Dontula
KJ Realty LLC
Buyer's Agent
Non Member
Canopy Administration
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Current Estimated Value
$385,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,486
Avg. Annual Appreciation
0.34%
Original Mortgage
$304,000
Outstanding Balance
$280,575
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$104,911

Purchase Details

Closed on
Sep 20, 2016
Sold by
Nvr Inc
Bought by
Sriram Srikanth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,569
Interest Rate
3.45%
Mortgage Type
FHA

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
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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
Poreddy Papireddy $380,000 Shoaf Law Firm Pa
Sriram Srikanth $231,000 None Available
Nvr Inc $231,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poreddy Papireddy $304,000
Previous Owner Sriram Srikanth $226,569
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $380,000 +1.3% $221 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
12/24/2021 12/24/21 For Sale $375,000 -- $218 / 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 $3,683 $369,760 $75,000 $294,760
2024 $3,683 $369,760 $75,000 $294,760
2023 $3,060 $250,800 $56,000 $194,800
2022 $3,060 $250,800 $56,000 $194,800
2021 $3,060 $250,800 $56,000 $194,800
2020 $3,060 $250,800 $56,000 $194,800
2019 $2,557 $209,550 $50,000 $159,550
2018 $2,515 $209,550 $50,000 $159,550
2017 $2,473 $209,550 $50,000 $159,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS

MLS Number: 3815775

Canopy MLS

APN: 4670-55-8376-0000

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