NOT LISTED FOR SALE

7027 Waterwheel St SW Concord, NC 28025

Estimated Value: $517,000 - $526,000

5 Beds
3 Baths
3,083 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 08, 2025

Last sale price $520,000 $169 Per Sq Ft

Current estimated payment $3,287/month

17 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Recreation Facilities
  • Patriots Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of May 2025

***Fresh Paint through out the home*** , New washer and dryer ,Discover your dream home the Growing area of Concord! This stunning 5-bedroom, 3 bath is perfect for families seeking comfort and style. As you step inside, you’ll be greeted by a spacious and inviting open floor plan, featuring a modern kitchen with stainless steel appliances, a large island, and ample cabinetry, perfect for entertaining or family gatherings. This Home offers a guest /office space on the main with Full bath.As you Retreat to the luxurious master suite, complete with a private bath featuring dual vanities, a soaking tub, and a separate shower. 3 additional well-appointed bedrooms provide plenty of space for family, guests. Step outside to your backyard oasis, with fully fenced back yard. Enjoy the community amenities, including a sparkling pool with a thrilling waterslide. This home is Located in a vibrant neighborhood, you’ll have easy access to shopping, dining. ---

Last Agent to Sell the Property

Ashlyn Austin

RE/MAX Executive Brokerage Email: ashlynb08@gmail.com License #135452 Listed on: 03/21/2025

RE/MAX Executive

Last Buyer's Agent

Darrius McClure

NextHome Authority License #276174

NextHome Authority

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,057

Year Built

  • Built in 2020

Lot Details

  • Back Yard Fenced
  • Property is zoned PUD

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Schools

  • Patriots Elementary School
  • C.C. Griffin Middle School
  • Hickory Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Generator Hookup
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5527-74-2381-0000

Community Details

Overview

  • First Service Residential Management Co. Association, Phone Number (800) 870-0010
  • The Mills At Rocky River Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,057

Year Built

Built in 2020

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2020
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 168.67
  • Geocode Confidence: Medium
  • Attribution Contact: ashlynb08@gmail.com
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1416
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1667
  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
  • Other Equipment: Generator Hookup
  • Above Grade Finished Sq Ft: 3083
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log, Living Room
  • Living Area: 3083
  • Bedroom Main: 1
  • Room Count: 13

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Exclusions: tesla charger in garage
  • Construction Type: Stone Veneer, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Forced Air
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area, Sidewalks, Street Lights, Walking Trails
  • Association Fee: 250
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: first service residential management co.
  • Phone: 800-870-0010
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 1000.00

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 5527-74-2381-0000
  • Zoning: PUD
  • Land Included Yn: 1
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Patriots
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
May 8, 2025
Sold by
Wray Robert Lewis and Wray Sherry
Bought by
Kelly Asa and Seelapasay John
Seller's Agent
Ashlyn Austin
RE/MAX Executive
Buyer's Agent
Darrius McClure
NextHome Authority
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Total Days on Market
17
Views
87
Current Estimated Value
$522,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235
Avg. Annual Appreciation
1.20%
Original Mortgage
$416,000
Outstanding Balance
$414,527
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$107,708

Purchase Details

Closed on
Nov 2, 2020
Sold by
Nvr Inc
Bought by
Wray Robert and Wray Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,898
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Kelly Asa -- None Listed On Document
Wray Robert $363,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Asa $416,000
Previous Owner Wray Robert $100,000
Previous Owner Wray Robert $308,898
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 Sold $520,000 -1.0% $169 / Sq Ft
03/21/2025 03/21/25 For Sale $525,000 -- $170 / 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
2024 $5,057 $507,740 $100,000 $407,740
2023 $4,298 $352,260 $60,000 $292,260
2022 $4,298 $352,260 $60,000 $292,260
2021 $4,298 $352,260 $60,000 $292,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4237571

Canopy MLS (Canopy Realtor® Association)

APN: 5527-74-2381-0000