NOT LISTED FOR SALE

7028 Waterwheel St SW Unit 149 Concord, NC 28025

Estimated Value: $550,000 - $600,000

5 Beds
3 Baths
3,010 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $396,945 $132 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,660/month

Highlights

  • Fitness Center
  • Under Construction
  • Clubhouse
  • Patriots Elementary School Rated A-
  • Open Floorplan
  • Community Pool

About This Home

As of August 2023

Proposed Home. This innovative open floor plan offers multiple flex spaces to meet many needs. Includes a first floor bedroom and full bath, a vast kitchen island and outdoor living space that offers an optional covered porch. The second floor owner’s suite is complete with a personal spa area, flexible bath and two huge walk-in closets. Choices may include an extra bath, a spacious loft or bonus room. This well-appointed home is available in a variety of facades, all featuring a covered entry. This community offers world-class amenities, schools within walking distance, easy access to I-485, and the picturesque NC Thread trail runs along the river inside our community. Elevation C

Last Agent to Sell the Property

Grady Thomas

Thomas Property Group, Inc. Brokerage Email: gthomas@thomaspropertygroup.net License #212310 Listed on: 02/12/2021

Last Buyer's Agent

Cindy Ryan

Allen Tate Concord License #268320

Allen Tate Concord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,682

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 10,497 Sq Ft Lot
  • Property is zoned PUD

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Insulated Windows
  • Vinyl Flooring
  • Electric Dryer Hookup

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55277443760000

Community Details

Overview

  • Built by Ryan Homes
  • The Mills At Rocky River Subdivision, Lehigh Floorplan
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,682

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$67 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2021
  • Proposed Completion Date: 2021-09-15
  • Road Surface Type: Concrete
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 131.88
  • Attribution Contact: gthomas@thomaspropertygroup.net
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1390
  • 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: 1620
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater
  • Above Grade Finished Sq Ft: 3010
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Living Area: 3010
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 12

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Stone Veneer, Vinyl
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 430
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air, Zoned
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Outdoor Pool, Playground, Recreation Area
  • Association Fee: 67
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 804.00

Schools

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

Lot Info

  • Lot Size Area: 0.241
  • Lot Size Units: Acres
  • Parcel Number: 55277443760000
  • Plat Book Slide: 00083
  • Plat Reference Section Pages: 00065
  • Development Status: Under Construction
  • Lot Size Acres: 0.241
  • Lot Size Sq Ft: 10497
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PUD

Building Info

  • Builder Name: Ryan Homes

MLS Schools

  • Elementary School: Patriots
  • High School: Hickory Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Nvr Inc
Bought by
Montagud Vincent Nicholas and Montagud Amanda Marie
Current Estimated Value
$572,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,097
Outstanding Balance
$338,041
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$234,454
Source: Public Records

Range of Values:

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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
Montagud Vincent Nicholas $397,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montagud Vincent Nicholas $145,000
Closed Montagud Vincent Nicholas $85,000
Open Montagud Vincent Nicholas $377,097
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $396,945 +0.1% $132 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $396,605 -- $132 / 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 $5,682 $570,440 $100,000 $470,440
2023 $4,861 $398,420 $60,000 $338,420
2022 $4,357 $187,120 $60,000 $127,120
2021 $2,283 $187,120 $60,000 $127,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3707063

Canopy MLS (Canopy Realtor® Association)

APN: 5527-74-4376-0000